How to handle Dewey (or similar firms) Forum

[Old Gregg]

You guys are really overthinking this email thing, asperger's style.

[Anonymous User]

Did the conference call today allay other SA's fears?

[Guchster]

Did the conference call today allay other SA's fears?

what was said? also, bonuses coming late... can't be good news.

[stratocophic]

OP missed a golden opportunity to make a Dewey pun in the thread title.

What to Dewey?

Dewey stay or go?

What Dewey do now?

[Anonymous User]

This entire saga has been grossly exaggerated by the media. Dewey's problems are serious, but far from insurmountable. The media, blogs, and even some posters on here seem more committed to fulfilling a prophecy than uncovering the facts.

I think the following article does a nice job of summarizing what is going on. D

http://finance.fortune.cnn.com/2012/03/ ... er-exodus/

[romothesavior]

This entire saga has been grossly exaggerated by the media. Dewey's problems are serious, but far from insurmountable. The media, blogs, and even some posters on here seem more committed to fulfilling a prophecy than uncovering the facts.

I think the following article does a nice job of summarizing what is going on. D

http://finance.fortune.cnn.com/2012/03/ ... er-exodus/

Not sure why this is anon. Howery gonna call you out if you are wrong?

[Guchster]

This entire saga has been grossly exaggerated by the media. Dewey's problems are serious, but far from insurmountable. The media, blogs, and even some posters on here seem more committed to fulfilling a prophecy than uncovering the facts.

I think the following article does a nice job of summarizing what is going on. D

http://finance.fortune.cnn.com/2012/03/ ... er-exodus/

how dewey know if we should believe you?

[stratocophic]

This entire saga has been grossly exaggerated by the media. Dewey's problems are serious, but far from insurmountable. The media, blogs, and even some posters on here seem more committed to fulfilling a prophecy than uncovering the facts.

I think the following article does a nice job of summarizing what is going on. D

http://finance.fortune.cnn.com/2012/03/ ... er-exodus/

Not sure why this is anon. Howery gonna call you out if you are wrong?

Well Thacher problem right there, there's just no way to Proffitt off of calling him out even if he is wrong so what Wood you have him do?

[romothesavior]

Not sure why this is anon. Howery gonna call you out if you are wrong?

Well Thacher problem right there, there's just no way to Proffitt off of calling him out even if he is wrong so what Wood you have him do?

I mean, I understand what you're saying, but how the Heller we supposed to have a conversation if the Rider won't idenitfy himself? I mean, Coudert he just not post anon?

[dailygrind]

OP missed a golden opportunity to make a Dewey pun in the thread title.

What to Dewey?

Dewey stay or Dewey go?

FTFY

[Anonymous User]

The article somewhat reflects what was said in the conference call. I don't understand why the corporate debt issue has been such a big deal in the news. It seems like the reporters lack sophistication in corporate finance. Dewey's bottom line seems ok. However, I don't trust management's statements that the partners are committed to staying on board. I mean, I don't even want to stay on board, conference call and all.

This entire saga has been grossly exaggerated by the media. Dewey's problems are serious, but far from insurmountable. The media, blogs, and even some posters on here seem more committed to fulfilling a prophecy than uncovering the facts.

I think the following article does a nice job of summarizing what is going on. D

http://finance.fortune.cnn.com/2012/03/ ... er-exodus/

[stratocophic]

Not sure why this is anon. Howery gonna call you out if you are wrong?

Well Thacher problem right there, there's just no way to Proffitt off of calling him out even if he is wrong so what Wood you have him do?

I mean, I understand what you're saying, but how the Heller we supposed to have a conversation if the Rider won't idenitfy himself? I mean, Coudert he just not post anon?

Gilchrist, might as well have the mods yell "leeroy Jenkins" and just out every anon post on TLS if some n00b posting things that might or might not be true is all it takes to Shea that someone's posts Arter not deserving of anonymity, 75% of anon posts aren't worth a Pennie in the first place. Just seems like you're setting up the system to Bogle everyone's mind when you use that kind of Testa worth

[Anonymous User]

This entire saga has been grossly exaggerated by the media. Dewey's problems are serious, but far from insurmountable. The media, blogs, and even some posters on here seem more committed to fulfilling a prophecy than uncovering the facts.

I think the following article does a nice job of summarizing what is going on. D

http://finance.fortune.cnn.com/2012/03/ ... er-exodus/

Exactly right. Dewey will be fine. The most disconcerting part of this "saga" has been the media's response to it.

[Morgan12Oak]

Is anonymous user a pseudonym for Dewey PR? Really, it's impossible to follow who is who when people post this crap. And to counter the last "anonymous," you say with a lot of confidence Dewey will be fine and just talk about how the media is overplaying it, but you overlook the idea that Dewey could be completely fine financially but be brought down by the vicious cycle of rumors.

Good firms have failed because of bad rumors.

[Anonymous User]

Sounds like another Finley Kumble story.

[Anonymous User]

http://online.wsj.com/article/SB1000142 ... 05216.html

Doesn't look good. Friend of mine who is an associate sent me this. Going to be interesting to see if Dewey is able to fight off the rumors or whether it succumbs. Lot of headhunter calls are being answered from what I hear.

[Anonymous User]

http://online.wsj.com/article/SB1000142 ... 05216.html

Doesn't look good. Friend of mine who is an associate sent me this. Going to be interesting to see if Dewey is able to fight off the rumors or whether it succumbs. Lot of headhunter calls are being answered from what I hear.

what else does 'your friend' say?

[sunynp]

http://dealbook.nytimes.com/2012/03/23/ ... y-leboeuf/

Six partners at Dewey & LeBoeuf resigned on Friday, the latest is a series of defections at the embattled New York Law Firm.

The lawyers, who are leaving to join Sutherland Asbill & Brennan, focus on insurance regulation and advise on corporate transactions involving insurance companies.

With the latest departures, Dewey has lost 37 of its 300 partners since January. Its once-vaunted insurance practice has been decimated, as 12 other partners in the group have left the firm last week.
...

The six lawyers leaving for Sutherland are James R. Dwyer, the managing partner of Dewey’s Chicago office; John S. Pruitt and Cynthia R. Shoss, co-chairs of the insurance regulatory department; P. Bruce Wright and Linda A. Sciutow, two tax partners; and Jeffrey H. Mace, an insurance partner.

[LawIdiot86]

http://dealbook.nytimes.com/2012/03/23/ ... y-leboeuf/

Six partners at Dewey & LeBoeuf resigned on Friday, the latest is a series of defections at the embattled New York law firm.

The lawyers, who are leaving to join Sutherland Asbill & Brennan, focus on insurance regulation and advise on corporate transactions involving insurance companies.

With the latest departures, Dewey has lost 37 of its 300 partners since January. Its once-vaunted insurance practice has been decimated, as 12 other partners in the group have left the firm last week.

Having absolutely no knowledge how this works at Dewey or other firms, I was wondering if anyone had an idea where the relationship partners are at Dewey? Would they have been in the insurance group or was that group known for its work (like appellate litigation is) and not its client relationships?

[sunynp]

http://dealbook.nytimes.com/2012/03/23/ ... y-leboeuf/

Six partners at Dewey & LeBoeuf resigned on Friday, the latest is a series of defections at the embattled New York law firm.

The lawyers, who are leaving to join Sutherland Asbill & Brennan, focus on insurance regulation and advise on corporate transactions involving insurance companies.

With the latest departures, Dewey has lost 37 of its 300 partners since January. Its once-vaunted insurance practice has been decimated, as 12 other partners in the group have left the firm last week.

Having absolutely no knowledge how this works at Dewey or other firms, I was wondering if anyone had an idea where the relationship partners are at Dewey? Would they have been in the insurance group or was that group known for its work (like appellate litigation is) and not its client relationships?

I'm pretty sure that the departing partners have client relationships.

[romothesavior]

http://dealbook.nytimes.com/2012/03/23/ ... y-leboeuf/

Six partners at Dewey & LeBoeuf resigned on Friday, the latest is a series of defections at the embattled New York law firm.

The lawyers, who are leaving to join Sutherland Asbill & Brennan, focus on insurance regulation and advise on corporate transactions involving insurance companies.

With the latest departures, Dewey has lost 37 of its 300 partners since January. Its once-vaunted insurance practice has been decimated, as 12 other partners in the group have left the firm last week.
...

The six lawyers leaving for Sutherland are James R. Dwyer, the managing partner of Dewey’s Chicago office; John S. Pruitt and Cynthia R. Shoss, co-chairs of the insurance regulatory department; P. Bruce Wright and Linda A. Sciutow, two tax partners; and Jeffrey H. Mace, an insurance partner.

Oh no guys, the media is just blowing this outta proportion. Dewey is fine, nothing to see here.

[drdolittle]

Did the conference call today allay other SA's fears?

http://dealbook.nytimes.com/2012/03/23/ ... y-leboeuf/

Six partners at Dewey & LeBoeuf resigned on Friday, the latest is a series of defections at the embattled New York law firm.

The lawyers, who are leaving to join Sutherland Asbill & Brennan, focus on insurance regulation and advise on corporate transactions involving insurance companies.

Makes me even more curious as to what was said in that conference call.

[Guchster]

Oh no guys, the media is just blowing this outta proportion. Dewey is fine, nothing to see here.

lol. cue 5,500 retarded anonymous poasts

[2LLLL]

Having absolutely no knowledge how this works at Dewey or other firms, I was wondering if anyone had an idea where the relationship partners are at Dewey? Would they have been in the insurance group or was that group known for its work (like appellate litigation is) and not its client relationships?

Who knows- I doubt anyone on this forum can speak from personal knowledge about any of those partners' client relationships. But- I don't imagine that you get to be the managing partner of a major firm's Chicago office without having some sway. And, as a matter of logic, the partners with the easiest exit paths are going to be those with portable business.

[Anonymous User]

Incoming SA here. I know they were expecting more partner departures, but another 6 in one shot? And the head of the Chicago office? I have this nightmare scenario playing over and over in my head where the summer gets cancelled only a few weeks before it starts and I spend the summer on my couch twiddling my thumbs...