Read the Private Placement Memorandum for Dewey & LeBoeuf’s $125 Million Senior Secured Notes

From New York Times Dealbook: “In March 2010, Dewey raised $125 million in a private bond offering, an unusual move by a law firm. The offering document, which was obtained by DealBook, paints a rosy picture of Dewey, even as cracks in the firm’s finances were starting to show. The 58-page document trumpets Dewey’s ‘global footprint,’ ‘exceptionally diverse client base,’ and ‘strong financial condition and conservative debt profile.’”