Dewey and the Bleak Situation by New York Times

A few dozen students from some of the nation’s top law schools received a distressing e-mail last Friday from Dewey & LeBoeuf. The law firm’s 2012 summer internship program, which would have paid the students more than $3,000 a week, was being canceled. On Monday,...

Bienenstock, Dewey & Bankruptcy of his own law firm

Dewey & LeBoeuf’s latest designated savior is Martin J. Bienenstock. The NY Times says that he faces “perhaps the most challenging assignment of his career: the restructuring of his own law firm.” According to the Times, his challenges include bank negotiations to...

The Rise (and Fall?) of Big Law Firms

April 30 (Bloomberg Law) — Big law firms may be headed into a down cycle they haven’t seen since the 1930s, according to Atlanta lawyer Michael Trotter, who has written the forthcoming book “Declining Prospects” about the economic cycles of the...

6 More Dewey & LeBoeuf’s on Horizon

Published on Apr 25, 2012 by bloomberglaw April 25 (Bloomberg Law) — Businessweek writer Paul Barrett says the recent troubles at law firm Dewey & LeBoeuf are the leading edge of a “broad restructuring among some of the best known brand names in...