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Large Firms

Feb. 29, 2012

Dewey cutting some partners' compensation

Leaders at Dewey & LeBoeuf LLP had to reduce compensation for some mid-level business generators and have continued, with much controversy, to pay off guarantees to higher-ranking rainmakers at the firm, according to several sources.


By Casey Sullivan


Daily Journal Staff Writer


Leaders at Dewey & LeBoeuf LLP announced at a partners meeting last week that they've had to significantly reduce compensation for some mid-level business generators and have continued, despite growing controversy, to pay guarantees to higher-ranking rainmakers at the firm, according to several sources inside and outside of the firm.


The decision comes after the New York firm has not yet pa...

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