Bankrupt: Dewey & LeBoeuf filed for bankruptcy Monday night in Federal Bankruptcy Court in Manhattan, The New York Times reports. “This is a very sad day for the legal profession,” said Richard J. Holwell, a former federal judge in Manhattan now in private practice. “Dewey is a fabled firm with a lot of great lawyers and a demise of this magnitude is unprecedented.”
Honored: President Barack Obama will award John Doar the Medal of Freedom today for the 90-year-old's work on the front lines of the civil rights movement in the 1960s, The News Star reports. Doar served as assistant attorney general in the Justice Department’s Civil Rights Division in the 1960s.
Sentenced: A federal judge in New York says the Department of Justice insists on mandatory minimum sentences for minor players in the drug trade, which has robbed judges of sentencing authority, Adam Liptak of The New York Times reports.
Profiled: The judge overseeing the Jerry Sandusky trial starting June 5 is known for his courteousness, attention to detail, watchful eye for the law, and his handling of court cases, a profile from the Centre Daily Times reports.
Law firms that grow for the sake of growing (like partners who want their salaries to grow for the sake of it) are doomed to fail. The legal market is too fragmented and there is too much competition to hold onto clients who are being gouged.
Posted by: Ray Campbell | May 29, 2012 at 05:06 PM