After nearly five full months of taking blow after blow, apparently it was time to throw in the towel. Reeling New York law firm Dewey & LeBoeuf finally filed for Chapter 11 bankruptcy protection last night in Manhattan federal bankruptcy court.
The well-publicized collapse of New York law firm Dewey & LeBoeuf likely is coming to its closing chapters. The firm has now lost about 160 of its nearly 320 partners since January 2012 to other firms, with 81 of those partners having announced their departures in May. And for many...
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.