The aughts were a WILD time. It wasn’t all boy bands and butterfly clips, no, it was also the largest financial collapse since the Great Depression. Good times!
Sure, everyone’s talking about a recession these days, but it ain’t got nuttin’ on the ’08 era. The housing market collapsed, Lehman Brothers went under, and a 100+-year-old Biglaw firm declared bankruptcy.
For those who worked in Biglaw at the time, of course you know I’m talking about Dewey & LeBoeuf. It started as a mega merger of two venerable law firms and ended with 1,000+ attorneys out of work, bankruptcy court, and criminal charges. Above the Law came of age in that era, breathlessly reporting on all the drama as it happened —- and there was so much to say.
Protégé™ In CourtLink® Explains The Whole Case Faster
Designed to reduce manual docket work by prioritizing what litigators need most: on-demand full docket summarization that explains the whole case to date, followed by on-demand document summaries for filing triage, and AI-powered natural language searching for faster search and retrieval.
Now Bloomberg Law has a new documentary detailing how it all went so wrong.
Watch the trailer below and remember: no matter how absurd Biglaw seems right now, there was a time when it was a whole lot worse.
Keeping Law School Accessible When Federal Loans Fall Short
As federal borrowing caps tighten financing options for law students, one organization is stepping in to negotiate the terms they can't secure alone.
Kathryn Rubino is a Senior Editor at Above the Law, host of The Jabot podcast, and co-host of Thinking Like A Lawyer. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter (@Kathryn1).