Quote of the Day: 1% Problems!
What are former Dewey & LeBoeuf partners whining about in the news? 1% problems!
For years you had the haves and have-nots. What’s happening now, is the haves are not getting paid.
— a former Dewey & LeBoeuf partner, who spoke to the Wall Street Journal on the basis of anonymity, commenting on the firm’s alleged habit of issuing IOUs to partner-level attorneys due to lack of cash flow.
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