Dewey Charges Are Wake-Up Call For BigLaw Accounting

Law360, New York (March 6, 2014, 8:44 PM EST) -- Criminal allegations unveiled Thursday that Dewey & LeBoeuf LLP executives had systematically cooked their books over several years to hide a dire financial position will likely send some BigLaw leaders running to the ledgers to ensure their own accounting can withstand the closest scrutiny, experts told Law360.

While high-profile attorneys have been criminally charged and jailed over financial crimes in the past, the scope of the fraud that prosecutors say former Dewey Chairman Steven Davis, Executive Director Stephen DiCarmine and Chief Financial Officer Joel Sanders committed...
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