This morning I attended a presentation at Bloomberg HQ given by Bruce “growth is dead” MacEwen. He has so many unique insights I definitely recommend reading his book to absorb them all. He showed some amazing slides on the configuration of the legal industry before and after the 2007 crash.
One interesting “aside,” focused on the corrosive
Tonight Above the Law is reporting that “the end is near” for Dewey & Leboeuf and staff departures are scheduled to begin on Friday. It is a story that has become all too familiar, Heller, Brobeck, Howrey, Coudert Brothers… the mysterious alchemy of missteps, hubris and changed law firm economics. Dewey has the distinction of
Sunday’s Washington Post offered a thought provoking post-mortem on Howrey’s demise: Why Howrey could not hold it together.
It is hard not to respect Howrey for their continuous pursuit of innovation. (They also pulled off one of those amazing “only in DC” coups by having a Pennsylvania Avenue address even though they were in