Tuesday, May 29, 2012

Oh the Humanity....

It sez here that the largest law firm in New York City has gone bust. And why, perchance, has this horror come to pass?
[T]he firm was eventually undone by a combination of the economic downturn, excessive compensation and governance problems, according to former partners and others in the industry. In particular, Dewey's management promised millions in packages to about 100 partners, according to the court filing, leaving it strapped for cash when revenues fell during the recession.
The horror. The horror. /spit

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Keep it clean for gene.