In a Monday memo, the Dewey & LeBoeuf management team told those partners that have stuck with the embattled firm that fiduciary duties do not restrict them from considering or pursuing career alternatives outside those the firm leaders are discussing with possible transaction partners. Meanwhile, former Dewey chairman Steven Davis has retained counsel in the face of internal and external investigations into his actions as the firm's leader.
After Latest Departures, Dewey Leaders Tell Remaining Partners They Are Free to Start Looking
The Am Law Daily
April 30, 2012
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