It’s not ‘Boston Legal’s’ Crane, Poole and Schmidt, but nevertheless Boston’s patrician and private law firm of Hemenway & Barnes has moved center stage in the battle for control of the Wall Street Journal’s owners, Down Jones & Co.
The fate of Dow Jones & Co. and its flagship newspaper, The Wall Street Journal, lies in the hands of a patrician New England family that has shunned hands-on management and has instead entrusted much of its legacy to powerful but discreet Boston lawyers. The Bancrofts, heirs to the controlling stock of Dow Jones, have […]