Ex-Dewey Partner Describes 'Fear And Greed' As Firm Bled

Law360, New York (June 22, 2015, 6:09 PM EDT) -- A former rainmaker partner at Dewey & LeBoeuf LLP testified Monday in an accounting fraud trial stemming from the firm's historic collapse, describing how some attorneys began to openly question the stewardship of Chairman Steven Davis in early 2012 and ultimately jumped ship out of "fear and greed."

The typically mild-mannered Steven Davis, pictured leaving court on May 27, "erupted" at a 2012 meeting when partners criticized the former Dewey chairman's leadership, according to testimony Tuesday. (Credit: Law360) The testimony by former Dewey partner Ralph Ferrara kicked off the fifth week of trial in Manhattan District Attorney Cyrus Vance's case against...

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