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Top staff, who can easily move to a rival firm, will continue to enjoy fat rewards.
The firm will continue to sell new stocks and bonds through its online auction system.
The firm will continue to manage its existing portfolio of investments for JPMorgan, and sell them off over time.
The firm will continue to employ Mr. Rikoon and the seven other lawyers while they interview elsewhere, these people said.
The firm will continue to lobby lawmakers to pass laws penalising countries that defy American court judgments.
Mr. Dreman's firm will continue to manage three smaller Deutsche funds, but don't be surprised if those relationships eventually end.
Similar(26)
So American firms will continue to expand overseas.
"I think law firms will continue to go west, as they say, young man," he said.
"Their most dynamic firms will continue to seek business opportunities at home and abroad.
And small boutique firms will continue to offer trusted advice as of old.
Even the healthiest firms will continue to rely on the understanding that there's a government backstop when participating in capital markets.
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