Former Dreier Partners Could Face Liability, Say Ethics Experts

When partners at Dreier LLP heard in early December that the firm’s
jailed sole equity partner, Marc S. Dreier, might have been dipping into
escrow accounts, many quickly abandoned ship. But, according to ethics
experts, the departed partners might be held liable for any of the
firm’s debts and face disciplinary action for any missing escrow funds.
Further, they might be asked to return income they received from clients
for work on unfinished matters they took with them when they left the
now-defunct firm.