Was it overconfidence? Or just the reckless thrill of saying whatever they damned well pleased in emails? The headline in The Wall Street Journal reads: "Emails to Play Key Role in Dewey & LeBoeuf Trial."
In that WSJ article, Sara Randazzo points to the same seeming carelessness about the contents of the emails at Dewey & LeBoeuf that James Stewart had in his 2013 coverage of the collapse of the firm in The New Yorker.
Tomorrow the criminal trial starts for the three defendants: Steven Davis, Joel Sanders and Stephen DiCarmine. The process is expected to last four to six months.
During that time the jurors will hear emails such as the one from Sanders which allegedly asks, "Can you find another clueless auditor for next year?" The alleged reply was, "That's the plan. Worked perfect this year."
Over and over again, lawyers tell their clients never to put into emails what could likely be made public or even simply. misinterpreted. Here is an interview I did with a Dechert partner which hammers that. So, there is no excuse for this kind of alleged content to be produced in what was once a respected law firm.
If convicted the defendants face from 8.5 to 25 years in prison.