Jonathan Rikoon

It looks like the trusts and estates department at Debevoise & Plimpton needs a last will and testament. As we mentioned in Morning Docket, the firm is pulling the lifeline on its T&E department.

The move surprised some, given the kind of place that Debevoise is. As Peter Lattman put it, “it seemed to run counter to Debevoise’s reputation for a strong partnership culture. At a time when many large law firms have discarded the traditional partnership model and embraced a more bottom-line approach, Debevoise has been seen as retaining an old-school ethos — a genteel law firm known for its camaraderie and decency.”

We have some additional information about the wind-down process. On the bright side, it’s being conducted in a genteel, decent, Debevoise sort of way….

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