Former Dewey Partner’s Suit Compares Firm Leaders’ Lateral Partner Recruitment to ‘Ponzi Scheme’

A former partner of Dewey & LeBoeuf has filed suit against leaders of the now-bankrupt law firm, contending that they engaged in a multiple acts of deceit after the 2007 merger that created the firm and misrepresented its revenue in an effort to persuade incoming lateral partners to contribute the funds to keep it running. At the same time, says plaintiff Henry Bunsow, the defendants knew the...