Incoming Dewey chiefs agree profit caps as firm renegotiates guarantees
Five partners appointed to Dewey & LeBoeuf’s new senior management team have agreed to take profit share cuts of up to $3.5m (£2.2m) per year each as the US firm renegotiates its deals with star partners on guarantees. The members of the so-called office of the chairman have had their earnings capped at $2.5m (£1.6m) […]