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Former Dewey Partner Details Law Firm Infighting

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Just over three months before Dewey & LeBoeuf LLP fell into bankruptcy, a meeting of the law firm's key business generators devolved into finger pointing that presaged the death of the firm, an influential former Dewey partner told a jury yesterday, the Wall Street Journal reported today. The testimony by Washington, D.C., securities lawyer Ralph Ferrara came during the fifth week of a trial over whether Dewey's three former leaders conspired to commit financial fraud by lying to lenders and creditors in the runup to its May 2012 collapse. The defendants, former Chairman Steven Davis, ex-Chief Financial Officer Joel Sanders, and former Executive Director Stephen DiCarmine, have denied any guilt.