Dewey & LeBoeuf’s wind-down team have laid out a settlement plan that would see partners asked to pay the bankrupt firm’s estate between $25,000 (£16,000) and $3m (£1.92m) each for a combined total of $103.6m (£66m), writes the AmLaw Daily.

The so-called partner contribution plan was presented to roughly 150 people packed into a midtown Manhattan hotel conference room yesterday (11 July).