UPDATE (4/30/2012): We’ve added some material to the memo about the cancellation of the summer program that was initially missing when we first published this post (namely, the third and fourth paragraphs).

DEWEY & LEBOEUF — MEMORANDUM — CANCELED SUMMER PROGRAM

Over the last few weeks, we have received calls from law students asking about Dewey & LeBoeuf’s plans for our 2012 summer associate program in light of the ongoing press coverage of the firm’s restructuring. We have, throughout this time, remained hopeful that we would be in a position to welcome our summer class to the firm. While each of our practice groups continues to achieve major accomplishments in the nation’s most exciting deals and cases, we have concluded after careful consideration that we should not proceed with our 2012 summer program.

We did not arrive at this decision lightly. We actively recruited you because you are a highly accomplished individual from one of the best law schools in the country, and we believe that you will have a successful career in the law. We are disappointed that we will not have the opportunity to work with you this summer.

We do not underestimate the disruption this decision causes you. We will, of course, reimburse you for all reasonable expenses you have incurred in connection with the program. We will also do our best to assist you in finding a position elsewhere and will work with your career services office to do so.

We encourage you to reach out to [Director of Legal Recruiting] or [Legal Recruiting Manager], to address your individual situation.

Sincerely yours,

Martin J. Bienenstock

Steven H. Davis

Jeffrey L. Kessler

L. Charles Landgraf

Richard Shutran

The Office of the Chairman

Dewey Said to Be Subject of Probe as Deadline Nears [Bloomberg]

Where Is Dewey’s Onetime Chairman? Unnamed Sources Tell of Criminal Probe, Though Details Differ

[ABA Journal]

Dewey Partners Press DA To Bring Charges Against Firm Head [Law360 (sub. req.)]

Earlier: Dewey Have Any Updates? Some Say Silence Is ‘Deafening’