[sunmars]

Its gonna be like the law firm version of Lehman.

http://dealbook.nytimes.com/2012/05/13/assigning-blame-in-deweys-collapse/

With the finger-pointing well under way at Dewey & LeBoeuf, the once-proud law firm on the brink of dissolution, its partners agree the former chairman, Steven H. Davis, shoulders a large chunk of the blame for its stunning fall.

Yet amid the recriminations, two sharply divergent views of Mr. Davis have emerged.

Some Dewey partners suspect him of being a crook. Last month, several of them presented the Manhattan district attorney’s office with evidence of possible financial improprieties by Mr. Davis. The office has opened a criminal inquiry.

[Timber Rattler]

Away from the office, Mr. Davis went through a profound change a decade ago. In 2001, after 24 years of marriage, Mr. Davis separated from his wife and came out as gay. He has been in a long-term relationship with another man for the last 10 years.

Egad.

[bkopto]

Some Dewey partners suspect him of being a crook.

Well sure - he was a lawyer, wasn't he?

[KC Burke]

The chairman that everyone is so mad at is a guy who “came out of the closet” a few years back after 24 years of marriage according to what I read.