Biglaw, Dewey & LeBoeuf, Money, Partner Issues, Quote of the Day, Wall Street Journal

Quote of the Day: 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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