Law Practice
Apr. 25, 2012
Dewey merger tactics could be dangerous
Marriage sought with other firms seen as potentially disastrous because it would rely on mass lateral hires.
Daily Journal Staff Writer
Dewey & LeBoeuf LLP's new strategy of seeking a pre-packaged bankruptcy-and-merger deal with another large law firm has been widely rejected by several of those who have been courted by it, according to two people with knowledge of the matter.
Potential suitors have not gotten far beyond viewing the firm's financial information and the structure of such a deal, according to one source. ...
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