The revolving door continues to spin, quite furiously, at the rapidly collapsing Dewey & LeBoeuf. We mentioned some of the latest partner departures in last night’s post (which we updated again this morning).
These are major defections, which strike at the heart of what was left of the firm. In case there was any doubt after last Friday’s WARN Act notice or yesterday’s big layoffs, it may soon be time to stick a fork in 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.
Above the Law has launched a brand new eDiscovery Resource Center in partnership with Recommind. Stay on top of the ever-changing eDiscovery and predictive coding landscape with our practical tips, insightful white papers, and webinars.
The past few months have been a blur as I have traveled the country visiting law firms. With summer winding down (as well as ILTA14 now in the rearview mirror), it seemed like a good time to see what lessons could be distilled from firms that are having real success in discovery practice.
1. Focus on finding what matters
Despite all of the articles lamenting the rapid growth in data volumes, litigation is still won and lost with a handful of witnesses and a few dozen documents. Regarding this issue, the head of litigation for an AmLaw 50 firm shared with me that for him litigation was still about the binder of documents he was glad he had found and the binder of documents he wished he hadn’t found. Discovery solutions, he explained, that didn’t address those needs were missing the mark. Given the strength of this lesson, I incorporated it into my discussions with other lawyers over the past few months and found that it resonated with litigators, especially those who practice outside of the eDiscovery bubble (in other words 99% of the litigators I interact with on a routine basis).
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for Asia focused projects and client meetings for the next 4 weeks, through December 15. Feel free to reach out to him at Evan@Kinneyrecruiting.com if you would like to schedule a meeting, to discuss the market and your career. Starting in January, Evan will be mostly splitting time between New York and Hong Kong.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The “New Normal” is no longer new. On Thursday, November 20th, from 6 to 9 p.m., join preeminent law firm management consultant Bruce MacEwen, Katten Muchin Chicago managing partner Gil Sofer, JPMorgan Chase & Co. assistant general counsel Jason Shaffer, and Joe Borstein of Pangea3 for a panel discussion (sponsored by Pangea3) on the evolutionary and market forces bearing down on the law firm business model.
Please sign up below to RSVP. We look forward to seeing you there.