TRADING ON THE TRAVAILS OF DEWEY & LEBOEUF

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    More than 25 percent of the firms’ New York partners (as of January 2012), have bolted from its ranks, many with hair-raising stories of a firm in all manner of disarray. This sad state of affairs is a bonanza for recruiters and trade journalists.

    The firm’s misfortunes become opportunities, gossip is easily treated as gospel. For all of us who are in the legal community, it is worth noting that hundreds, if not thousands of lawyers and staff remain uncertain as to their work and/or economic future.

    And, while the finger-pointing is rapidly moving in the direction of the chair, we operate in a country and a profession in which innocent until proven guilty ought to be words we take seriously.