Dewey puts staff on notice for termination as banks move to secure interest
Embattled US giant Dewey & LeBoeuf has sent out official notices warning staff in the US that they are risk of mass layoff, writes The AmLaw Daily. Dewey's recently instated executive partner, Stephen Horvath, sent a notice to all US personnel at close of business hours on Friday (4 May) alerting them that "it is possible that adverse developments could ultimately result in the closure of the firm," according to a copy of the memo obtained by The Am Law Daily.
Embattled US giant Dewey & LeBoeuf has sent out official notices warning staff in the US that they are risk of mass layoff, writes The AmLaw Daily.
This premium content is reserved for
Legal Week Subscribers.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now