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Law firm Dewey warns of possible closure

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NEW YORK (Reuters) – Law firm Dewey & LeBoeuf notified U. S. attorneys and staff on Friday that they could face mass layoffs, in the starkest sign yet that Dewey could be on the verge of collapse. “Although we continue to pursue various avenues, it is possible that adverse developments could ultimately result in the closure of the firm, which would result in the termination of your employment,” the firm said in a letter to employees that was obtained by Reuters. Angelo Kakolyris, a spokesman for the firm, declined to comment. . . .

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