September 2008
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Hotties, Law Schools, Politics
Former Assemblywoman Loses Bid for Barbiedom
Rebecca Cohn was a California assemblywoman representing Buena Vista, Burbank, Cambrian Park, Campbell, Fruitdale, and parts of San Jose and Santa Clara. After losing to Jim Beall, she decided to matriculate at UC Davis School of Law (King Hall). Cohn said that her lifelong dream was to attend law school. But she apparently couldn’t shake […] -
Non-Sequiturs
Non-Sequiturs: 09.17.08
* Yeah. Justices are “impartial” all the time. You’ll never ever see a respected SCOTUS Justice openly campaigning against a particular political candidate. [WSJ Law Blog] * Projected 2009 tax brackets are out. Plan your charitable giving accordingly. [TaxProf Blog] * Female paralegals don’t get paid as much as male paralegals. There is not even […] - Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use. -
Wall Street
Wait ... I Own AIG Now? Is That Legal?
Another day, another market massacre. Right now the SEC is meeting about “improper short selling” of Morgan Stanley and Goldman Sachs stock. The Dow is down nearly 450 points. We have definitely entered the “dogs and cats, living together, mass hysteria” phase of this meltdown. But while everybody is running around trying to CYA, the […]
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BARBRI, Deaths, Law Professors, Law Schools
In Memoriam: Charles Whitebread
We’d like to take a moment and acknowledge the great life and career of Professor Charles H. Whitebread. Professor Whitebread passed away Tuesday, in Santa Monica, California. Professor Whitebread was a legend at the USC Gould School of Law, but most attorneys will remember him for his BAR/BRI Criminal Law lectures. We fondly remember the […] -
Barack Obama, Clerkships, John McCain, Politics
Obvious Important News For New Clerks
Some of you might remember that there is a presidential election going on. Turnout is expected to be high and many voters will be participating for the first time. However, if you are a federal clerk you had better keep your political opinions to yourself. Free speech does not exist for you. One of our […] -
Biglaw
Open Thread: I Vant to be Alone (Or, Unwanted Officemates)
We’ve noticed a conversation in the ATL community page about Biglaw associates who have been forced to shack up in shared office space. According to the community post: Dewey & LeBoeuf [FN1] has informed us that first, second and third year associates will be sharing 12X12 offices. In a meeting we were basically told ‘like […] -
Wall Street
Open Thread: Will Your Firm Get Some Scraps?
More law firms are benefiting — at least in the short term — from Wall Street jumping the shark. The WSJ Law Blog has a roundup of the newest firms to come away with a piece of the bankrupt pie. Cleary Gottlieb Steen & Hamilton advised Barclays on their scavenging Lehman’s North American business, while […] -
Law Schools
Is The Market For Toilets Drying Up?
Kids running for office say the craziest things. Even when that office is for student government at the S.J. Quinney School of Law at the University of Utah. This election isn’t going to come down to which student candidate will do the best job at providing low-cost outline alternatives to disadvantaged 1Ls. Instead, membership on […] - Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so… -
Bear Stearns, Job Survey, Wall Street
Associate Life Survey: Life After Lehman Brothers?
As the Fed steps in to save the financial world with a bridge to nowhere AIG, we pause to reflect on the results from Monday’s ATL / Lateral Link survey, which asked whether the woes of Lehman Brothers and Merrill Lynch would hurt your career. We received 830 responses, and quite a few of them […] -
Law Schools, Tax Law
The IRS Is Still Hiring
We have to at least entertain the possibility that the tanking economy could fundamentally change the Biglaw lifestyle that we have come to know and bilk. We could see flat salaries, tepid bonuses, and decreased job security over the next few years. Maybe this is the perfect opportunity to break out of the “top school-top […] -
Morning Docket
Morning Docket 09.17.08
* The Fed reverses course and agrees to bail out insurance giant American International Group. [Forbes] * Alaskan lawmakers file suit to stop the “Troopergate” investigation of Sarah Palin. [New York Times] * Eight lawyers are on the American Lawyer’s 2008 Lifetime Achievers list for “history-making accomplishments.” [American Lawyer] * The law against baggy pants […]
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Heller Ehrman, Musical Chairs
Musical Chairs: Covington & Burling Snaps Up Heller's IP Department
It turns out that the mystery meeting at Covington & Burling involved some great news for Covington, and some bad news for Heller Ehrman. Fifteen IP partners will be leaving Heller to join Covington, as Covington expands into Silicon Valley. The Daily Journal reports that in the wake of the latest defections and yesterday’s failed […] -
Non-Sequiturs
Non-Sequiturs: 09.16.08
* Cyrus Mehri is ready to take on the advertising industry for its depiction, or lack thereof, of African-Americans. Dyn-o-mite! [Gawker] * Need help picking out a work appropriate nail salon on your lunch hour? Might I suggest a partial frontal lobotomy instead? [Corporette] * Who is going to replace financial services clients? Tech firms? […]
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Crime, Lawyer of the Day, Politics, Sex
Lawyer of the Day: Gabriel Schwartz
It seems that things have been going pretty well for Gabriel Schwartz. A 2004 graduate of the University of Denver College of Law, the 29-year-old is already the founder of a law firm, Sandomire & Schwartz. He’s president of his own company (PDF). And he was selected to be a Colorado delegate to the Republican […] -
Money, Trendspotting
Hot New Trend: Fighting Price-Gouging (Or, Attorneys General, Unite!)
In Monday’s morning docket, we asked whether price-gouging investigations during hurricanes were the new trend among attorneys general. Judging from the many investigations launched over the past week, the answer is a resounding YES. Louisiana AG Buddy “Rattlesnake” Caldwell caught our attention for his battle cry against high hotel and gas prices during Hurricane Gustav. […] -
Biglaw
The Meltdown Awards: Law Firm Winners and Losers
Though the dust has far from settled, it’s time for ATL to hand out some awards to the law firms and other participants that have done well for themselves, or wet the bed, as Wall Street runs with blood. The Grim Reaper Award: Weil Gotshal & Manges. Weil will be Lehman’s bankruptcy counsel, and they’ve […] -
Bad Ideas, Email Scandals, Law Schools
More Advice for Law Students: Don't Do This
We recently offered some helpful hints for new law students, distilled from over 200 reader suggestions. We now have an addendum to our list of tips, based on an ill-advised email that found its way into our inbox. Some background: Today, all members of last year’s Law Review Editorial Board at [George Washington University Law […] -
Summer Associates
Proskauer Rose to $190K?
We received a very interesting offer letter for the 2009 summer class sent out by Proskauer Rose: Our compensation level for next summer has not yet been set, but it will be no less than $3,077 per week – the salary that we paid to those summer associates who were with us in New York […] -
In-House Counsel
Open Thread: Is In-House Still Worth It?
It wasn’t long ago that both associates and partners regarded moving in-house as a “golden ticket.” Better hours, comparable pay, and a sweet “Executive Vice-President” title. Now? Ask former firm lawyers who went over to Bear Stearns, Lehman, Merrill, or WaMu how their new gigs are working out. For that matter, ask attorneys at JPMorgan […] -
Sidley to Associates: Be Cool Boy
What do you do when your biggest client gets sold to a bunch of guys from North Carolina? What can you do other than keep cool? While Sidley Austin declined to comment to ATL on the Merrill Lynch/Bank of America merger, they did send around an internal memo to their associates. Sidley essentially told their […]