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How a Big Law Firm Went Bust: Dewey Chair Talks Stunning Demise

Steven Davis was on the verge of turning his Manhattan law firm into a powerhouse. Then a recession hit, the firm went down in a highly publicized ball of flames and Davis gave up his law license while facing criminal charges. A decade after the stunning fall of Dewey & Leboeuf, the mega firm’s former chairman wants to tell his side of the story. ‘I feel an immense sense of, really, that I owe all these people an apology’, Davis said in an interview, his first time on camera discussing the firm’s downfall. ‘At the end of the day, it was my responsibility. I have to accept that and I have to live with it.’

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Working remotely is now a top priority, says new ABA report

Young lawyers feel so strongly about remote work that 44% of them would leave their current jobs for a greater ability to work remotely elsewhere, according to a new report the ABA released Wednesday. Where Does the Legal Profession Go from Here? is based on input from nearly 2,000 ABA members

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Big Law’s Russia Sanctions Lawyers Shift Focus to Enforcement

Companies and their lawyers scrambled in the early days of the fighting to understand thousands of new Russia-targeted economic sanctions and export controls, including from the US, the UK, and the European Union. Now they have a different challenge: steering clear of heavy fines and possible criminal charges as governments

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