Dewey & LeBoeuf

On Friday, we broke the news of Dewey & LeBoeuf issuing a WARN Act notice to its U.S. employees. As explained by the U.S. Department of Labor, the WARN law generally requires an employer “to provide notice 60 days in advance of covered plant closings and covered mass layoffs.”

We noted, however, that employees shouldn’t be lulled into complacency by the 60-day requirement. As Elie wrote, “Dewey employees shouldn’t expect to just show up to work every day until Independence Day. Remember, we’ve learned from the Heller dissolution and other firms’ dissolutions that things tend to happen very quickly.”

Very quickly indeed. We are now hearing reports that this Friday, May 11, will be the last day for an unknown number of D&L employees….

As usual with the fast-moving Dewey story, we have multiple UPDATES, including some from Tuesday morning, after the jump.

double red triangle arrows Continue reading “Dewey Have an End in Sight? Friday Will Be the Last Day for Many Employees”

You know it’s tough times for your business when your firm is the butt of jokes throughout the legal profession. Who knows how many snide little remarks have been made about Dewey & LeBoeuf at Biglaw firms around the country? I bet there have been robust laughs at Dewey’s expense. If Austin Powers were here, he’d say, “Dewey’s like the village bicycle — everybody’s had a ride.”

We capture one of these little jokes over email. Let’s just hope nobody is making fun of your firm like this…

double red triangle arrows Continue reading “Biglaw Blind Item: How Dewey Feel When Other Firms Make Jokes?”

They say that a picture is worth a thousand words. Here at Above the Law, we have given you many thousands of words about the troubles of Dewey & LeBoeuf. See, e.g., this lengthy post about the firm’s former leaders, ex-chairman Steven Davis and former executive director Stephen DiCarmine.

Now we bring you some pictures. As it turns out, the possible demise of Dewey has inspired the creation of art.

Keep reading, and check out the images below for a forthcoming portrait of former chairman Steven Davis, a chilling photograph, and an unfortunate D&L advertisement….

double red triangle arrows Continue reading “Dewey & LeBoeuf: A Visual Essay (Part 1)”

Not the alleged hot-dog hooker.

* While Dewey’s former culture gets roasted on a spit, and the seemingly unending drama gets turned into a montage of living lawyer jokes, we’re still waiting for the final punchline. [New York Times; Wall Street Journal]

* Don Verrilli tried so hard, and got so far (depending on who you ask), but in the end, it doesn’t even matter. When Linkin Park lyrics apply to your oral argument skills, you know you’re kind of screwed. [New York Times]

* The 9/11 arraignments went off without a hitch this weekend. And by that, we mean that it was a 13 hour hearing filled multiple interruptions, and grandstanding about “appropriate” courtroom fashion. [Fox News]

* In a “re-re-reversal,” Judge Jerry Smith, on a three-judge panel of the Fifth Circuit, reinstated Planned Parenthood’s injunction against Texas without even so much as a homework assignment. [Dallas Observer]

* The It Gets Worse Project: if you thought that the Law School Transparency debt figures were scary before, then take a look at them now. Six figures of debt just got a lot harder to swallow. [National Law Journal]

* Scalia gets busted on a case of hot-dog hooking. No, not that Scalia. A woman from Long Island has been accused, for the second time, of selling swallowing foot-longs in the back of her food truck. [New York Post]

The U.S. employees of Dewey & LeBoeuf received a letter today that many of them have been expecting for a long time.

It was a note warning people to prepare for the worst. It was a letter finally admitting to firm employees that “it is possible that adverse developments could ultimately result in the closure of the firm.”

So, now we’re on notice…

double red triangle arrows Continue reading “When Dewey WARN People?”

MCA

* I think I entirely agree with Eugene Volokh, who in turn agrees with the Eighth Circuit, which agreed with the lower court, that a school board is well within its rights to call a website unreliable. [The Volokh Conspiracy]

* Steve DiCarmine, the now-former executive director of Dewey & LeBoeuf, has retained counsel. [Thomson Reuters News & Insight]

* Rajat Gupta’s lawyers are applying a defense they must have learned in grade school. [Dealbreaker]

* Do brown people in Arizona who are legal immigrants get extra time off school to deal with being hassled by any cop who wants to “check their status”? Didn’t think so. [WSJ Law Blog]

* Apparently, courtroom fashion only matters if you are attractive. [Huffington Post]

* Pit bulls are the black people of dogs. [Legal Blog Watch]

* I assume insurance lawyers check people’s Facebook history as a regular matter of course. [Not-So Private Parts / Forbes]

* R.I.P. Adam Yauch. All you sucker MCs better recognize. [What About Clients?]

April showers are supposed bring May flowers, but in the law world, April just showered us with a bunch of ridiculous lawyers acting like complete a-holes. One can only hope that May’s crop of nominees for the Lawyer of the Month contest brings us some more worthy competitors.

Drunken hotties? We’ve got ‘em. Nasty note writers? We’ve got those, too.

Let’s check out our nominees for April’s Lawyer of the Month competition….

double red triangle arrows Continue reading “Lawyer of the Month: April Reader Poll”

Yesterday, partners at Dewey & LeBoeuf received their $25,000 monthly partner draws. For many of them, that might be the last check they receive from the embattled firm.

Over 100 Dewey partners have left the firm since the start of the year. But we now have reports that as many as 200 people, including a large number of partners, will be departing today. Apparently, “the banks” (i.e., Dewey creditors) are calling the shots now. As we reported yesterday, we seem to be moving forward toward a May 15th end date for Dewey.

But as they say in Lion in Winter: when the fall is all there is, it matters….

double red triangle arrows Continue reading “Dewey Know When It’s Over? Source Says ‘We Work For The Banks Now’”

* My Big Fat Dewey Compensation Guarantee: it’s like a movie that no one wants to watch, except it’s happening in real life. But at least the partners got their draws, right? [Reuters; DealBook / NYT]

* Why didn’t John Edwards’s former aide disclose to the government that he refused to lie under oath about his affair? “Because you never asked.” Best. Response. Ever. [MSNBC]

* Maybe Mintz Levin didn’t belong on the list of the Top Ten Family-Friendly Firms after all. The firm’s been sued twice in recent years for sexual discrimination. Oops. [Careerist]

* Baylor Law claimed the top pass rate on the Texas bar exam for the fifteenth time since 2001. Unfortunately, Baylor Law cannot claim a top pass rate on disclosure of private student information. [Baylor University]

* In America, lawyers are pissing off state bar associations by offering their services on Groupon. En México, no es un problema. There, you can buy gift cards for the gift that keeps on giving… divorce! [Huffington Post]

Since this afternoon’s big Dewey & LeBoeuf development, namely, the defection of Morton Pierce and seven other partners to White & Case, there has been some additional news. It concerns the timing of Dewey’s possible shutdown, a subject that has been the subject of much speculation lately.

One rumor had the firm closing its doors as early as tomorrow. Another suggested a date closer to Memorial Day. The truth may lie somewhere in between: according to sources cited by Am Law Daily (reg. req.), “Dewey is poised to close by May 15 and possibly sooner.”

(Also at Am Law, a very handy Dewey Departure Tracker. It lists each defector’s name, practice area, departure date, new firm, and location. It’s a great resource.)

The May 15 date makes some sense. As reported by Thomson Reuters News & Insight, on Monday the firm received a two-week extension from lenders for renegotiating its $100 million credit line. Assuming the parties can’t reach a new agreement, which seems like a good assumption right now, the new deadline would fall on or about May 15, the shutdown date mentioned by Am Law.

Compared to other outlets, we’ve been focusing a lot on the human side of the Dewey story. We’ve talked about the partners, including the particular partners who might be blamed for Dewey’s demise. We’ve talked about the staff, bringing you a paralegal’s lament.

Tonight let’s consider the fate of would-be Dewey associates, both full-time and summer associates, who now find themselves left in the lurch….

As usual, UPDATES — including one relating to support staff — after the jump.

double red triangle arrows Continue reading “Dewey Have Career Advice for Incoming and Summer Associates?”

Page 23 of 311...192021222324252627...31