Mounting turmoil at New York law firm Dewey & LeBoeuf LLP threatens to send hundreds of lawyers and other staffers into one of the worst legal-job markets in decades, the Wall Street Journal reported today. The law firm, which employs more than 1,000 lawyers, is struggling to cope with heavy debts and the loss of dozens of partners. It is considering a number of options for preserving jobs, such as transferring practice groups to other firms, even as a bankruptcy filing looms as a possible last resort.
