Dewey & LeBoeuf can’t win. In late March an embarrassing exodus of partners prompted the global law firm to announce a management shake-up. In explaining the reshuffle, the head of Dewey’s corporate department, Richard Shutran, mentioned the firm earned about $250 million last year.
Whoops. That was a lot less than what Dewey had reported a few weeks earlier to The American Lawyer a Daily Report affiliate, which is now revising its financial database to reflect reduced results for Dewey in both 2011 and 2010.
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