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Dewey & LeBoeuf Falls Further
April 30, 2012
[ by Melanie Gretchen ]
Dewey & LeBoeuf is experiencing a bigger fall from grace, as an investigation by the Manhattan district attorney's office joined the troubles facing the law firm, beginning with the financial crisis. The firm is considering filing for bankruptcy protection, in addition to also trying to arrange a merger with, or transfer lawyers to Greenberg Traurig LLP – following the effects of big guaranteed pay packages, heavy debt, and a wave of departures by partners.
For further details, go to [WSJ, 4/28/12].
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