October 2008

Politics

Don’t Bother Earning Money

The latest analysis of Obama’s and McCain’s tax plans show that both candidates will likely raise the marginal tax rate paid by most Americans: Senator Obama’s tax plan includes a number of proposals for new or expanded tax benefits that are generally targeted to low- and moderate-income taxpayers. Many of these additions to the “skyline” […]

Morning Docket

Morning Docket 10.10.08

* A federal judge orders Syria to pay $400 million to the families of American military contractors killed in Iraq. [Associated Press] * If you like podcasts, these are ten of the “can’t miss” legal ones. [Law Technology News] * National Security Agency officers may have used relaxed eavesdropping rules to listen in on soldiers’ […]

Bar Exams

More Bar Exam Results: PA & CO

Congratulations to the 82% of the 1500+ applicants who learned that they passed the Pennsylvania bar exam yesterday. Way to get in just before the American economy careens off a cliff. For our readers out west, we also congratulate Colorado exam takers. Good luck, from ATL. The Pennsylvania Board of Law Examiners Colorado Board of […]

Non-Sequiturs

Non-Sequiturs: 10.09.08

* O’Melveny & Myers has added a new securitization partner. Funny, I thought those guys were all dead. [The BLT: Blog of the Legal Times] * Is going to law school better than working? In this economy? I have to think that cash money is better than debt. [The Shark] * If you’re in need […]

Biglaw

Fall Recruiting Follow-Up: Part II

[Ed. note: Once again, we apologize for our technical difficulties.] As everybody is starting to realize, fall recruiting is not going as well as it has in the past. In Part I of our recruiting roundup, we told you which markets are making it tough on summer associate applicants. Today, we’ll talk about law schools. […]

Bonuses

Weil Gotshal Attorney Fees From Lehman Bankruptcy

Bloomberg News is reporting that the train wreck formerly known as Lehman Brothers filed an application to pay Weil Gotshal attorneys a whole boatload of cash: The investment bank asked for court approval to pay $650 to $950 an hour for partners and counsel, $355 to $595 for associates and $155 to $295 for paraprofessionals. […]

Dissolution

Hot Document: The Official Heller Ehrman Dissolution Plan

When Heller Ehrman dissolved in late September, associates and employees were informed via a firm-wide email. Since then, Heller management has had email communication with employees, but (to our knowledge) they have not revealed their official dissolution plan. We got our hands on the 43-page operating document. In addition to a detailed discussion of the […]

Job Searches

3L: Ready For Some Action

We’ve discussed the terrible market for 3Ls, but one D.C.-area law student is taking matters into her own hands. From the source of all that is wonderful, the Craigslist personals: Are you a lonely lawyer? – 24 Maybe we can do something about that. I’m an ambitious 3L at a good school, and I’d really […]

Interview Stories

Lawyers You’ll Swear At, Not Work For

Many people have interviewing horror stories. But few people actually bother to send a letter to the offending firm. One Georgetown University Law Center student did just that. After her interview with Harris Beach, the student sent a letter to James Spitz, CEO of Harris Beach: I was looking forward to the interview until Mr. […]

Job Survey

Associate Life Survey: Office Politics?

Back in February, our ATL / Lateral Link survey on politics in the workplace found that 74% of you were discussing politics in the workplace, but less than 3% of you felt any need to conform to a particular political view. At the time, 20% of respondents said that their fellow associates had tried to […]

Politics

Debate Night At Kirkland & Ellis

Pundits and news junkies aren’t the only people talking about presidential politics these days. Some attorneys want to add their two cents as well. We saw earlier what happened when Orrick attorneys used the firm-wide email list to espouse political views. But Jack Levin, a partner at K&E Chicago, apparently felt that he had learned […]