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: jurabilis - German bLAWg from Berlin.Dreier: "Alle haben es gewusst!"
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In diese interessante Phase ist nun also auch die Causa Dreier eingetreten. Die ersten Ex-Angestellten stehen bereitwillig der Fachpresse Rede und Antwort:Legal secretary Brad Lowary went to Dreier LLP for the money. Mr. Lowary said he earned $95,000 a year, which was $35,000 above market rate, during his 18 months at the firm.[New York Law Journal]
Mr. Lowary, a legal secretary for 15 years, said he always "thought it was a little odd" that the firm's founder and sole equity partner, Marc S. Dreier "was living such a luxurious life" even for a litigator at the top of his game.
Mr. Dreier was indicted last week on charges that he had cheated hedge funds and investors of $400 million. He allegedly used the money to fund the operation of his law firm and to support a "lavish lifestyle" featuring numerous homes, a yacht, several high-end vehicles and expensive artwork.
Mr. Lowary, 35, said there was "so much waste" at the now bankrupt firm - huge bouquets of fresh flowers on every floor, secretaries making "well over $100,000, plus overtime" and overstaffed departments.
Es ist leider nicht überliefert, ob Mr. Lowary im Nachhinein einen Teil seines Gehalts mildtätigen Zwecken zur Verfügung gestellt hat.
Full post as published by jurabilis - German bLAWg from Berlin. on February 02, 2009 (boomark / email).
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