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Large Firms

Apr. 6, 2012

Dewey guarantee problem includes legacy partners

Problems with compensation guarantees to partners at Dewey appear to be more widespread than initially reported. The firm is said to have doled out lucrative guarantees to legacy partners, not just laterals.


By Casey Sullivan


Daily Journal Staff Writer


Problems with compensation guarantees to partners at Dewey & LeBoeuf LLP appear to be more widespread than initially reported.


Two ex-Dewey insurance lawyers contacted Wednesday pointed to the firm's practice of doling out lucrative guarantees to legacy partners, not just laterals, as a major factor that has contributed to the large amount of money the firm owes to its partners. The Daily Jo...

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