Friday, May 3, 2013

Era of great expectations for BigLaw ended with bankruptcy of Howrey, Dewey and others, say experts

Legal News

Era of great expectations for BigLaw ended with bankruptcy of Howrey, Dewey and others, say experts



A death-knell for the era of great expectations for BigLaw firms has been sounded by the bankruptcies of, among others, Howrey; Heller Ehrman; Thelen; and last year"s record-breaking Chapter 11 filing by Dewey & LeBoeuf, experts say. They predict further law firm failures and a move toward...


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