Dechert Chairman Barton Winokur remembers the 1970s.
“That was the longest decade in history. It lasted for 14 years,” he said.
Dechert Chairman Barton Winokur remembers the 1970s. "That was the longest decade in history. It lasted for 14 years," he said. Thirty-five years later, the economic picture is much the same and is requiring law firms like Winokur's to reposition themselves for the downturn. The recent evaporation of structured finance deals and capital markets work has left Dechert and others with the dismal task of laying off lawyers. But in Dechert's case, the firm quickly offered to redeploy the attorneys affected.
April 21, 2008 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Dechert Chairman Barton Winokur remembers the 1970s.
“That was the longest decade in history. It lasted for 14 years,” he said.
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