The latest Dewey developments: partner reactions to the proposed settlement plan, how to handle or dispose of thousands of boxes of client files, and pension problems for ex-employees.
Dewey have a chance of settling with ex-partners? Here's the latest news on the Dewey bankruptcy front.
Legal teams ask a practical question. If large language models are so capable, why does legal AI still depend on curated content, and why does surfacing that content matter so much?
Can you say 'chutzpah'? Stephen DiCarmine, the former executive director of Dewey & LeBoeuf who some blame for driving the firm into the ground, wants money out of the failed firm's bankruptcy estate.
What happened at yesterday's bankruptcy court hearing for Dewey & LeBoeuf? And why does the firm owe more than $400,000 in "severance" to a former associate?
* When Dewey need to hire our own lawyers? Now would be good. As D&L leaders mull bankruptcy options, more than 50 former partners are expected to hire Mark Zauderer to defend them against potential clawback claims. [New York Law Journal] * Day three of jury deliberations in the John Edwards campaign finance trial came and went without a verdict. The former presidential candidate must be wishing that he hadn’t came and went, because then there wouldn’t be a trial at all. [ABC News] * Yet another law firm is walking away scot-free from the Dreier drama without losing a single dime. Ruskin Moscou Faltischek was able to get Fortress Investment Group’s case tossed on appeal. [Thomson Reuters News & Insight] * A Facebook investor has sued NASDAQ, claiming that the stock exchange bungled the social networking site’s IPO. With FB’s stock price dropping as we speak, he’s seeking class-action status. Like. [Bloomberg] * Nafissatou Diallo amended her civil suit against Dominique Strauss-Kahn to include a claim alleging his “animus towards women.” Really, she just wants to introduce evidence of DSK’s sordid sexual past. [Reuters]