So I'll come out and say that these types of threads are virtually useless. There's a flood of names of firms with little merit to why they are in poor health. In fact, just eight months ago when there was a thread on which firm was going to be the next Howrey (see http://www.top-law-schools.com/forums/v ... 3&t=160245
), Dewey was mentioned in the following ways:
-As stealing a few OMM partners
-As one of the top firms ranked by Vault for quality of work environment
-And in this exchange:
Anyone know the scoop on Dewey & LeBoeuf? I heard (anecdotally) that it was not a great place to be, post-merger.
I have heard that Dewey was a bad place to be for awhile after an earlier proposed merger fell through, but things are better post-merger. Pre-merger, LeBoeuf was basically just an insurance law firm so the Dewey rep may have taken a hit but they're probably more stable.
Good to know, thanks!
In other words, while everyone was going on about how bad Orrick is and how Cravath was in decline (I kid you not!), Dewey was a firm that went by virtually unscathed. Most of the talk about OMM being in danger was because of a few partner defections (to Dewey no less) and nothing more. As both Dewey and Howrey have shown, these collapses can occur within just a few months. And I don't count on people posting regularly on TLS (or even occasionally) as being the insiders to which ones are likely to fall. I think TLS plays an incredible role in helping students prepare for jobs; I just don't think playing the market is one of the things it is good at helping people do.