law firm news

  • Exodus of Dewey attorneys in full effect

    It’s getting to the point where even the rats will want off the ship with the crew before it sinks. Another chapter was written yesterday in New York law firm Dewey & LeBoeuf’s well-chronicled collapse as a raft of rainmakers ran for the exits.

  • Dewey warns employees that firm could shut down

    Signs are now solidly pointing toward the end for New York law firm Dewey & LeBoeuf. Dewey issued advance notice to its employees under the Federal Worker Adjustment Retraining and Notification Act (WARN) last Friday that they may soon lose their jobs if the firm is forced to shutter.

  • Dewey’s potential merger with SNR Denton falls apart

    Following Monday’s revelation that failing New York law firm Dewey & LeBoeuf’s management team sent a memo to all of its partners suggesting they seek other employment, things have continued to head south.

  • Dewey encourages partners to jump ship

    It looks like the bitter end may be near for embattled New York law firm Dewey & LeBoeuf. The remaining four members of the firm’s new management team, following Steven Davis’ ouster over the weekend amid questions surrounding his conduct and a Manhattan district attorney’s office probe, sent a memo...

  • N.Y. prosecutors probe Dewey & LeBoeuf, firm cuts ties with executive

    Things continue to look bad for New York law firm Dewey & LeBoeuf. Over the weekend, reports surfaced that New York prosecutors are investigating the beleaguered firm over allegations of wrongdoing by Steven Davis, formerly firm chairman and, until yesterday, part of its recently appointed five-person management team.

  • Dewey & LeBoeuf plans to sublease executive floor

    Sometimes every little bit helps. Struggling New York law firm Dewey & LeBoeuf is reportedly planning to sublease the executive floor of its Manhattan headquarters in an effort to mitigate its mountain of debt.

  • Dewey & LeBoeuf hires bankruptcy counsel

    The dark cloud hanging over New York law firm Dewey & LeBoeuf could be developing from cumulonimbus to supercell.

  • Hildebrandt Institute says 20 law firms merged in Q1 2012

    What a difference variant recording metrics make. On Monday, legal consultancy Altman Weil Inc. released a report indicating that 2012’s M&A activity continues the rebound of law firm combinations that began in Q3 2010 and held firm through all of 2011. Altman Weil reported that there have been 14 mergers...

  • 14 U.S. law firms merge in Q1 2012

    It’s steady as she goes for law firms so far this year when it comes to mergers and acquisitions. A survey released yesterday by legal consultancy Altman Weil Inc. says that 2012’s M&A activity continues the rebound of law firm combinations that began in Q3 2010 and held firm through...

  • Law firms may continue to struggle in 2012

    According to a report released by consulting company Hildebrandt and the Law Firm Group at Citi Private Bank, a wealth management company, 2012 may be tough on law firms.

Advertisement. Closing in 15 seconds.