I saw that the Dewey & LeBoeuf law firm is folding. That’s huge news and the latest indication of just how farkakte the economics of the legal business are. But I had forgotten who D&L’s most recent high profile client was. Here’s Steve Dilbeck of the L.A. Times:
News has come from back east that the law firm of Dewey & LeBoeuf is filing for bankruptcy. Besides the little detail that this is the largest law firm to go under in U.S. history, there is this one other notable fact: The law firm going bankrupt is the same law firm that handled Frank McCourt’s bankruptcy of the Dodgers … Hey, I know a guy flush with $1 billion who might be able to give Dewey a loan. You could argue he even owes them.
Sadly, we can’t pin this on McCourt. Rather, we can pin it on a ridiculous compensation system that has law firm partners promising themselves insane draws despite the fact that revenues won’t support it anymore because business clients aren’t as dumb as to simply rubber stamp every legal bill that comes in to the accounting office like they did back in the 80s.
Mamas, don’t let your babies grow up to be corporate lawyers …
After Kendrys Morales brought the Royals within one run in the bottom of the fourth inning with his second solo home run of the game, George Springer took Chris Young deep in the top of the fifth to extend the Astros’ lead to 4-2 in Game 1 of the ALDS.
According to Statcast, the ball traveled an estimated 422 feet and left Springer’s bat at 109 mph. Royals fans are happy it was just a solo home run. It could have been worse, as Jose Altuve singled to lead off the fifth inning before being thrown out trying to steal second base during Springer’s at-bat.
The Royals will try to answer as we move to the bottom of the fifth inning at Kauffman Stadium.
UPDATE: Play has resumed after a 48-minute rain delay. Chris Young has replaced Ventura for the Royals.
8:30 p.m. ET: And now we’re officially in a rain delay in Kansas City. It will be interesting to see how long this lasts and how it might impact Ventura and McHugh.
8:29 p.m. ET: The Royals are on the board in Game 1 of the ALDS against the Astros.
After the Astros tacked on another run against Yordano Ventura in the top of the second inning on an RBI single from Jose Altuve, Kendrys Morales connected for a solo homer against Collin McHugh to lead off the bottom of the inning. The ball traveled an estimated 369 feet near the right-field foul pole.
With rain falling at Kauffman Stadium, the Astros lead 3-1 as we move into the top of the third inning.
Pirates utility man Sean Rodriguez made headlines for all the wrong reasons after Wednesday’s Wild Card Game against the Cubs. After being ejected for his role in a benches-clearing scuffle, he took his frustrations out on the cooler in the Pirates’ dugout. If you haven’t seen it already, watch the video below…
That poor cooler never had a chance.
With the benefit of a few hours to decompress, Rodriguez issued the following apology on his Twitter account this afternoon:
It’s nice to see that Rodriguez has a sense of humor about the whole thing.