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June 7, 2012
Dewey & LeBouef filed for Chapter 11 bankruptcy protection. According to the press release, the firm "does not anticipate a return to business but rather a managed wind-down of affairs, followed by a liquidation." That much was immediately clear, with a host of attorneys jumping ship from the more than 100-year-old firm, which had more than 1,000 attorneys at the time of the filing.