While a law firm’s failure is never welcome news for its lawyers, new research suggests it’s not the career-killer that some might think, Roy Strom writes in his latest Big Law Business column.
Yale Law student Andrew Granato dug into the collapse of Dewey & Leboeuf and tracked down where the associates and partners wound up as of late 2022.
It turns out that former Dewey associates became partners at Am Law 100 firms at nearly the same rate as associates at competitor firms that didn’t fail. Of the 93 Dewey associates, 19% became Am Law 100 partners, compared with 26% of the 353 associates at competitor firms. Read More