The Downfall of Dewey and LeBoeuf

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Friday, May 04, 2012

How the mighty Dewey & LeBoeuf has fallen. This New York-based international law firm, formed less than five years ago by the union of two legendary white-shoe practices with roots stretching back to the 1920s and beyond, is in a state of near-collapse.

Is this remarkable turn of events the result of forces within the firm or outside it? What are the lessons -- or warnings -- for other big law firms? And to what degree does the misfortune of Dewey & LeBoeuf reflect what is happening to other businesses in the United States? James B. Stewart, a journalist and former attorney who worked in a big law firm, speaks to these questions from the perspective of someone who knows that world from the outside and the inside.

Comments [1]

Robert Simms

When I made my modest contribution to WQXR I expected an all-music station with no commercial messages. Now I find commercials masquerading as recognition of supporters. What are you doing? You now have what amounts to a commercial station. No one is fooled by the phony lead-in. I find this disturbing. Since you are now getting support from commercials, I don't think my donations are appropriate in the future. I will give to other worthwhile causes.
Robert Simms

May. 04 2012 11:45 AM

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