First!

First!

GULC5L!

I know better than to ask a serious question, but I'll give it a shot anyway. Are SF-based law firms having a more difficult time than firms elsewhere in the country? Or is it simply limited to firms such as Heller and Thelen?

Heller Ehrman to Lehman.

Thelen's problems largely come from NY (and maybe LA), and its failed Brown Raysman merger. SF was Thelen's strongest office, at least until the Weitzel group went to Orrick.

So will Thelen court Mayer Brown, or vice versa? Or is Nixon-Thelen merger basically done?

Hi #5:
Other SF based firms are doing fine. They have the right people in place to fill the pipeline of work.

Here are the ending 2007 revenue numbers compared to 2006 for :

- MoFo - up 16%
- Littler Mendelson - up 28%
- Orrick - up 16%
- Wilson Sonsini (not SF based, but close) - up 13%
- Cooley - up 45% (because of merger)

sourced here -
http://www.law.com/jsp/PubArticle.jsp?id=900005504450

9 - interesting data. But the real question is how are these firms doing so far for 2008? An increase during 2007 is not really a suprise or even a sign that they are doing well fine now.

I would like to point out that an Orrick-Heller merger is one of the worst guesses in the all-time history of worst guesses ... oh wait, Covington-Heller is worse.

I used to work in the Heller NY office. It is the most poorly managed law firm you could imagine. There are some really talented lawyers there, but terrible leadership.

The shortage of tying the knot graphics is painful

Elie is just confused on the Covington thing. The bulk of the IP Lit group and a bunch of Insurance Recovery attorneys are already there or will be there soon. But it's precisely because of this that Covington would have no reason to want to fully merge and take all the dead weight.

9, thanks.
-5

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Heller-(Kaye)Scholer.

You heard it here first, kids.

Oddly enough I was totally in the market for bail bonds. I am going to call TTTodd TTTyson right now.

"2nd Chance Bail Bonds will do whatever means necessary to make sure your Family, Friend, Loved One gets out of Jail."

Scoefield? That you?

-TBag

They should join with Locke Lord Bissell & Liddell! It would be a match made in growing law firm's heaven. That could be two huge name changes in two years! Plus they seem like complementary practice groups and markets ...

Guys in my juvenile detention center used to jump bail all the time, it was no big deal, unless you were the bail bondsman.

As if Elie wasn't doing a good enough job of killing ATTTL, now we're going to get to deal with comment spam too?

I hate Agent Tyson. He won't pay for my GULC tuition.

This thread (and the Covington thread, and the other Heller thread, and the other other Heller thread) need their own music video. I propose:

http://www.youtube.com/watch?v=Pw8sNoodIDk

25, Nice call. I was watching an Arrested Development rerun just now so that song was on my mind.

the sad thing is the bail bondsman spam was the best post on this site in weeks...

21-

Thanks for playing, but you're wrong. Locke Lord Bissel & Liddel counts among its major clients Lloyd's of London and other London market insurers. Heller is a policyholder side practice. Their practices are diametrically opposed, not complementary.

Maybe the bail bondsman spam wasn't spam after all. Surely the crappy posts are bringing in crappy page viewers.

Is Lat selling comment space to advertisers?

My understanding of SF firms is that they are all pretty much down from last year - in varying degrees - with the possible exception of Orrick...

My understanding of SF firms is that they are all pretty much down from last year - in varying degrees - with the possible exception of Orrick...

My understanding of SF firms is that they are all pretty much down from last year - in varying degrees - with the possible exception of Orrick...

I wonder if all of the SF firms are pretty much down from last year - in varying degrees - with the possible exception of Orrick.

If only anyone would comment to that effect.

The demise of Heller Ehrman is now all but inevitable. WSJ confirms IP group departures here: http://blogs.wsj.com/law/2008/09/15/a-dark-monday-for-heller-ehrman/ and concludes that "Heller faces the grim possibility that it might have to dissolve the firm." R.I.P.

Agent Todd Tyson, GULC 2007

The question is, which SF firms benefit? And given that the market is so bad, which firms are going to survive in SF?

Elie sucks. The Lehman / ML story should have been reported earlier on Monday, if not Sunday. While Elie was eating his breakfast buritto, the entire financial industry was changing.

MoFo is still the strongest firm in SF. They and Orrick will be the only SF firms to survive.

Oh shit. We're all GULCed now. I wonder if the truck driving school is accepting applications.

Heller Erhman support staff will start feasting on the brains of attorneys tomorrow morning:

http://hellerdrone.wordpress.com/

"Brains! I want brains! Oh sorry - it's Heller Ehrman, never mind."

Wow, there is already a Heller demise website. I'm impressed. Lat, hire one of these soon-to-be-layoffed Heller staffers. They seem to be on the ball.

Orrick > MoFo

Its really not even close...

Orrick > MoFo

Its really not even close...

Does this mean I don't have to fill out my self- evaluation form? What a relief!

From a neutral party (Heller associate), the sentiment of 42/43 seems fairly well-accepted and widespread these days.

There is also, however, well-accepted and widespread disagreement with the usage/grammar of 42/43.

I give 42/43 a pass on the grammar.....

Grammar of 42/43 > Elie
It's not even close.

47, "its" not correct.

meh - who cares? everyone associate I know at MoFo is infinitely happier than those at Orrick. word is that associate/partner relations are terrible, at least in the ip lit department...despite what some stupid surveys say

and MoFo is Band 1 for IP in Cali, while Orrick is like Band 3

Mofo is better than Orrick for IP for sure. But I'm pretty sure that everyone is miserable at Mofo...

I'm convinced that the Elie haters are one idiot who is a spurned lover or something. Seriously, grammar complaints? I suggest you subscribe to Brian Garner's daily email and read his blog (or something similar) instead of ATL.

though the orrick offices are gorgeous, while MoFo's SF office is almost ghetto at this point

20 - LOL, almost choked on my coffee! Last night's episode socked!

51, maybe my friends are all nerdy...well yes, of course...but they'd all rather work hella hours at a place they felt comfortable at than sit there praying to jesus that a partner doesnt walk in and scream at them about some stupid crap

2nd Chance Bail Bonds Agency = TTT

I only use Big-Bail-Bonds-Law for my needs.

where are we going to get jobs if the firms are actually laying reams of people off?

http://endofesq.com/?p=156

Heller Shareholders: You still have an opportunity to behave like the people we thought we went to work for. In light of everything, you can still be the decent people we came to know over the last several years. Just because its over, and a lot of us are going to have trouble, doesn't mean the Heller culture can't make a comeback as you shut the doors. I would like to leave this place with the good memories still intact, but in light of how you're doing things now, that's going to be tough. But maybe a touch of honesty and a few kind words can make people feel better in this tough time and make it less likely that we end up feeling betrayed by people we trusted.

Heller Death Watch.

I predict they don't make it to Christmas.

ATL is slackin'...

"it also surfaced today that some influential intellectual-property lawyers at Heller are leaving for Covington & Burling. The group includes shareholders Robert Haslam, Robert Fram, and perhaps a dozen other senior lawyers, according to a high-ranking Heller attorney. Neither Haslam, Fram nor Covington could be reached for comment."

http://blogs.wsj.com/law/2008/09/15/a-dark-monday-for-heller-ehrman/

Talked to a friend in the Heller SF office who confirmed there was a meeting yesterday in which they acknowledged that the merger is no longer happening and refused to respond when people asked about associate layoffs. Sounds shady!

59- I predict they don't make it to October.

Word from an insider to some of the Heller merger talks is that Heller has very expensive lease commitments that no longer match up to the numbers of lawyers in the offices.. Combine that with the need for any firm with insurance company clients to shed the lucrative policy-holder based insurance practice, and the ppp of the combined firms goes south.

Word from an insider to some of the Heller merger talks is that Heller has very expensive lease commitments that no longer match up to the numbers of lawyers in the offices.. Combine that with the need for any firm with insurance company clients to shed the lucrative policy-holder based insurance practice, and the ppp of the combined firms goes south.

PLEASE CHANGE THIS GAY ASS PICTURE USED IN THE LAW FIRM MERGER DISCUSSIONS. IT IS GAYER THAN GETTING TEABAGGED AT RAWHIDE IN CHELSEA

#65

How about that pic of you giving a rusty trombone to Matt Larrabee?

is it 15 or 30 that are leaving? the reported numbers are all over the place

67: it's 15 partners and all their associates. and secretaries. and paralegals. the whole group.

68: That hasn't been confirmed yet. In my office, we only know partners for sure.

law.com articles says 40 lawyers total - find it yourself i don't want to have to look at it again

66: Oh, my God. That is the funniest thing I've read today.

I also worked in Heller's NYC Office and, no one would believe how many lawyers there were in that office NOT WORKING; not working on anything.

Again, Heller's biggest mistake was to merge with that NYC Law Firm that became Heller's NYC Office, IMHO.

If Heller had managed to become a big presence in New York and attract some big NYC Partners from other firms, Heller would probably not be in the position it is currently here. However, once "the word" got out about Heller's NYC Office, there was no way any money making partners from Big NYC Law Firms were going to go over to Heller's NYC Office.

Someone should send in a camera crew and videtape "a day in the life of Heller NYC" so that the world can see how NOT to run a law office. So the world can see Law Partners pre-occupied with hiring and firing word processors and secretaries instead of on how to get more business into the firm.

Seriously, now that they have Destroyed Heller Ehrman, you have to wonder how those Heller NYC Lawyers in Heller NYC's Office view what they have been doing (and not doing) since 2001?

Heller Ehrman may not deserve to die but Heller's NYC office definitely deserves to die.

Not to pile on, but it's a huge disappointment that ATL had nothing on its front pages about rumors that have been all but confirmed by Law.com and The WSJ.

the latest has to do with the possible failure and WAMU - Heller had done beaucoup amt of work for WAMU

Latest out of Heller is that the insurance recovery group will be the next to walk out, presumably within 2 weeks. Their summers who they gave offers to have been informed through the grapevine that they should start dusting off the resume.

75, if those summers didn't start looking as soon as they were given a new January '09 start date last month, they're hopelessly naive.

Partners leaving a firm that has over $1M PPP? There's something missing here.

The partners that have left over the past year aren't leaving because of money (though they'll undoubtedly make more now -- but they could have left long ago if that were the issue). They're leaving because management under Matt Larrabee's "direction" has been a total disaster and has made what was a great firm and place to work for over 100 years into a complete fucking mess. It's amazing what that jackass was able to undo in his brief tenure as firm Chair.

Uhn, 78, he had a lot of help. Levin and Rosenfeld are the major architects of the firm's strategy that brought them here. Larrabee just happened to be the Crown Prince these two passed their bad decisions on to. Not that I'm disputing your entire statement, only that it wasn't inclusive or broad enough.

And while you're all busy either chortling over another firm's death, or calling people names, or guessing what the hell happened, you might remember that someday you, Greedy Associates, will be partners in law firms. Try to learn a little from the events transpiring around you. Greed is not the Holy Grail. Ambition and your ego will only get you so far. Then you become a partner. A partner. That implies a relationship with someone else, not just with yourself. And relationship implies commitment and responsibility.

Someday, if you're fortunate, you'll be involved in the intricate workings of a big law firm. Remark then, what you thought now in these carefree days as clever kibitzer, how it all seemed so easy from the outside. In that supposed future, you may, upon reflection, see that you understood little and appreciated less what creates the fabric of law firm life or destroys it.

If as a partner you shirk your duties to your firm, you'll find yourself like the Heller partners, waking up one day somewhere you never expected to be. Leadership isn't something conferred upon you when you start paying in capital. It's actually something you have to practice to get good at. Start now.

Rosenfeld, Levin, and Larrabee did not intend to fuck up Heller. They intended great things for it. They wanted super duper success. But they screwed up. These guys, who love Heller with all their hearts, ruined their firm, the thing they love the most. They ruined their great firm. And, whether they are jackasses or not, they never ever intended to do that.

Rosenfeld helped the firm grow and be successful. He stressed partners' personal relationships with clients, which was a model consistent with Heller's culture. Levin, however, got sweet-talked by consultants, who told him the firm had to institutionalize all the clients (like on Wall Street or in the City). That was inconsistent with the firm's culture and in any case wasn't possible because of the work clients looked to the firm to do. Larrabee really had no choice by the time he came along.

79: "Someday, if you're fortunate, you'll be involved in the intricate workings of a big law firm. Remark then, what you thought now in these carefree days as clever kibitzer"

Ah...partnership in a lawfirm: the most important job in the universe.

78-79-80 agreed. I left some time ago, but watching this from the outside I'm struck by how the anti-traditional-Heller-culture policies, which management insisted were necessary in order for the firm to survive, are the very thing that killed it. They may have loved Heller, but they didn't believe in it.

81: Exactly. These people aren't heading up the UN, for God's sake. And if Heller is the thing "they loved the most", they are foolish, indeed.

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