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 …
In a flurry of roster moves, the Dodgers placed Yu Darvish on the 10-day disabled list with back tightness, the team announced Saturday. Darvish was removed from his start on Wednesday after experiencing back pain and is expected to skip his scheduled start in Pittsburgh next Tuesday before returning to the roster. Left-hander Edward Paredes was recalled from Triple-A Oklahoma City in a corresponding move.
This is the first disabled list stint of the year for the 31-year-old right-hander, who exited Wednesday’s outing with a 3.83 ERA, 2.8 BB/9 and 9.9 SO/9 over 155 innings for the Dodgers and Rangers in 2017. Darvish told reporters that he felt comfortable continuing to pitch even after the diagnosis, but wanted to respect the team’s decision going forward.
The Dodgers have not officially announced Darvish’s replacement, but will likely turn to right-hander Brock Stewart for a spot start when they polish off their seven-game road trip next week. It’s been a rough weekend for the NL West leaders, who are still waiting on Clayton Kershaw‘s return and lost lefty reliever Grant Dayton to elbow discomfort on Friday.
The writing was on the wall, but the Yankees made it official on Saturday: Aroldis Chapman is no longer closing games for the Bronx Bombers. Comments from manager Joe Girardi suggested that the move is a temporary one, however, and he told reporters that Chapman will be utilized at “different points” in the game as the Yankees try to pinpoint the source of the left-hander’s struggles.
There’s no question that the flame-throwing southpaw has been off his game for a while, and his season 4.29 ERA, 4.3 BB/9 and 12.6 SO/9 hints at some of the issues he’s been facing. He imploded in each of his last three appearances, issuing a cumulative five hits, six runs and five strikeouts over just 3 1/3 innings. It seems plausible that the left rotator cuff inflammation that sidelined him several months ago has resurfaced, but the veteran lefty said Friday that he doesn’t believe any physical issues have caused his decline.
While Chapman works out the kinks in his mechanics, the Yankees will look to some combination of Dellin Betances and David Robertson to cover the ninth inning. Girardi wouldn’t commit to either reliever in the closer’s spot, however, and said he’d take it on a case-by-case basis depending on the match-ups in any given game. The long-term plan is still to reinstate Chapman, whenever that might make sense for the team.
“He’s been scuffling over the past 10 days, two weeks,” Girardi said. “I just thought for us to get him back on track, maybe the best way would be to move him around a little bit until he gets going. When we get him going like I believe he’ll get going, there’s a good chance I’ll put him right back in that closer’s role.”