March 2008

  • Allen & Overy, Biglaw, Billable Hours, Money

    Charging $1,000 an Hour Is For Chumps

    Posted below is the European fee schedule of Allen & Overy. At current exchange rates — approximately $1.55 to the Euro, and $2.00 to the British pound — this means that partners bill out at about $1,050 an hour in Paris, and $1,190 an hour in London. Says a source: “Twelve-hundred bucks an hour for […]

    49 Comments / / Mar 27, 2008 at 3:55 PM
  • Wall Street

    What’s the Difference Between a Banker and a Lawyer?

    Here’s the answer (which may relate to our recent post about wombats). From Miss Victoria X, via our sibling site, Dealbreaker: Inspired by the example of the generous Hamptons-based design firm which is now offering its stagings service at a discounted price to current/former/soon to be former Bear Stearns employees (staging is cleaning and prepping […]

    16 Comments / / Mar 27, 2008 at 3:00 PM
  • Animal Law, Crime, Rape, Weirdness

    A PSA from ATL: Watch Out for Wombats!

    Unless you’ve always wanted an Australian accent. From the Telegraph: A New Zealand man who claimed he was raped by a wombat and that the experience left him speaking with an Australian accent has been found guilty of wasting police time. Arthur Cradock, 48, from the South Island town of Motueka, called police last month […]

    20 Comments / / Mar 27, 2008 at 2:00 PM
  • Weirdness

    Disorder in the Court: Memphis Defendant Spittin’ Mad and Issuing Death Threats

    We don’t know if there are many public defenders regularly reading ATL. For those who do, we salute you for putting up with clients like this one: Earlier this year, burglary and rape suspect Joshua Beadle got himself into deeper trouble by spitting at the judge. This week, while shackled and outfitted in a special […]

    23 Comments / / Mar 27, 2008 at 1:00 PM
  • Celebrities, Law Professors, Linda Greenhouse, Media and Journalism, Money, New York Times

    Musical Chairs: Linda Greenhouse in Da House at Yale Law

    We have a strange obsession with Linda Greenhouse, the Supreme Court correspondent for the New York Times. When we spotted her recently at Jennifer 8. Lee’s D.C. book talk for The Fortune Cookie Chronicles, we practically leapt out of our seats in excitement. [FN1] If you’re a fellow LG groupie, and if you’re at Yale […]

    27 Comments / / Mar 27, 2008 at 12:20 PM
  • Job Survey

    Featured Job Survey: Where Does Your Work Come From?

    So far, almost 1,000 ballots have been cast in this week’s ATL / Lateral Link survey on where you’d most want to work, and it’s clear that some firms are trying to win those votes. Front-runner Latham has announced a “no layoffs” promise, and Ropes & Gray has upped the ante on the cool factor […]

    16 Comments / / Mar 27, 2008 at 11:30 AM
  • Lawsuit of the Day

    It’s a Small World After Ahhhhhh… Stop Beating Me…

    Disney World is one of those places that’s magical through the eyes of a 5-year-old, but the realization of one of Dante’s circles for adults. The long waits, the overpriced tickets and food, the body odor of foreign tourists, and the fear of being viciously attacked for cutting in line: Aimee Krause says Victoria Walker […]

    68 Comments / / Mar 27, 2008 at 10:30 AM
  • Morning Docket

    Morning Docket: 03.27.08

    * Clear Channel and private equity firms sue banks they claim are balking on financing their buyout deal; injunctive relief secured. [WSJ Law Blog; AP] * Lilly settles Zyprexa litigation with Alaska. [New York Times] * SCOTUS considers pro se rights. [Washington Post] * Did KPMG “enable” New Century’s collapse? [New York Times] * Federal […]

    4 Comments / / Mar 27, 2008 at 9:40 AM
  • Pregnancy / Paternity

    Biglaw Perk Watch: WilmerHale and O’Melveny & Myers to 18 Weeks

    A few more firms have joined the 18 Week Club. New and improved parental leave policies, from WilmerHale and O’Melveny & Myers, appear after the jump. We admit we can be a little idiosyncratic in terms of which firms’ announcements we highlight. For more comprehensive information, check out Justin Bernold’s handy-dandy, continually updated tables of […]

    25 Comments / / Mar 27, 2008 at 8:50 AM
  • Non-Sequiturs

    Non-Sequiturs: 03.26.08

    * Not as coveted as Miley Cyrus tickets, but some people will pay good money for access to a Supreme Court oral argument. Is this kosher? [Rumors Daily] * Would you take tax advice from Wesley Snipes? If so, drop by “New Tax City” for a free consultation. [News Groper] * Supreme Court Fantasy League? […]

    10 Comments / / Mar 26, 2008 at 5:20 PM
  • Gambling / Gaming

    Lawyer of the Day: Jane Willis

    Picking our Lawyer of the Day was easy. Today the winning hand belongs to Ropes & Gray partner Jane Willis. From the Boston Globe: Jane Willis was always a standout student. Her reputation as a math whiz was well known at Phillips Exeter and Harvard, where she graduated in 1991 with a lofty recommendation from […]

    44 Comments / / Mar 26, 2008 at 4:15 PM
  • Law Schools

    Update: Hey Teacher, Leave Those Kids (and Their Internet) Alone!

    We reported yesterday about the University of Chicago Law School cutting off access to ATL internet in the classroom. A University of Chicago student sent along the e-mail from Dean Saul Levmore explaining the anti-internet policy, and said that we “should absolutely post the full text of Levmore’s asinine email.” Check it out in its […]

    83 Comments / / Mar 26, 2008 at 3:45 PM
  • Uncategorized

    What’s Up at Latham & Watkins?
    (Morale – thanks to a ‘no layoffs’ promise.)

    The rich get richer. Movie stars who already earn millions of dollars per picture get showered with freebies, like award show “gift bags” worth thousands of dollars. Similarly, students at top law schools, who already have their pick of $160K job offers, get wined and dined by leading law firms. There IS such a thing […]

    40 Comments / / Mar 26, 2008 at 1:30 PM
  • Job Survey, Layoffs

    Featured Job Survey: Layoffs?

    We’ve received approximately five hundred responses to last week’s ATL / Lateral Link survey on whether you expect layoffs at your firm, and how you’re coping. By and large, you’re a pretty gloomy bunch. Forty-three percent of respondents are afraid that their firm will have layoffs. Among respondents who are Class of 1999 or more […]

    3 Comments / / Mar 26, 2008 at 12:15 PM
  • SCOTUS, Weirdness

    No Good Deed Goes Unpunished
    (If you file a cert petition for a fellow prison inmate and do not have a law degree.)

    Relax, folks. We are aware that the 2009 law school rankings of U.S. News & World Report have leaked, in advance of their official Friday publication date. They’re all over the blogosphere and the message boards (links collected below). We’ve been sitting on this item for a little while — coordinating with our other posts […]

    1,166 Comments / / Mar 26, 2008 at 9:45 AM
  • Morning Docket

    Morning Docket: 03.26.08

    * Supreme Court rebuffs claim of presidential power with respect to enforceability of World Court ruling. [Washington Post] * Meanwhile, other countries’ courts reject U.S. punitive damages. [New York Times] * Second Circuit shoot down New York State’s Airline Passenger Bill of Rights, on preemption grounds. [New York Times] * Affirmative action opponents seeking ’08 […]

    6 Comments / / Mar 26, 2008 at 9:20 AM