Kaye Scholer Cheaps … IP Attorneys?
Last month, we reported that K&L Gates would stop paying bar association fees for their attorneys.
Now, we’ve learned that Kaye Scholer has decided to stop paying membership fees for the New York Intellectual Property Law Association:
As announced in October, each individual attorney now is responsible for maintaining his or her membership in NYIPLA. Both new membership and renewals for 2009 should be paid in full and received by NYIPLA no later than December 31, 2008.
I thought IP attorneys were a golden goose in this rapidly declining legal market? Why would you piss them off?
The annual membership dues are $200 for lawyers with more than five years experience, $130 for attorneys with less than five years under their belt.
Based on figures we’ve received, Kaye Scholer stands to save (wait for it …) $9,920.
Keeping your associates enrolled in an organization that helps them enhance their skills < $9K?
Really?
Well, at least the holiday party is still on.
Earlier: K&L Gates to Nickels and Dimes
Kaye Scholer to More Cowbell




Comments
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first
firsty first baby
Every gift begins with KAYYYYYE .............
No diamond in the rough but a mere TTT of a firm. Sounds more like a cleaning service than a law firm.
Mystake,
In trivializing the amount at issue, you have only pointed out what a non-story this is. You're not required to post. The time is better spent on real news and proofing your posts.
Kaye Scholer is plumber.
Elie:
$9,920 is greater than $9,000. Just an FYI.
__
"Based on figures we've received, Kaye Scholer stands to save (wait for it ...) $9,920.
Keeping your associates enrolled in an organization that helps them enhance their skills < $9K?"
__
7 - oh come on, we can't expect Elie to know how to complete complex mathematical calculations like rounding.
This is stupid. My firm is small, regional and completely off the radar for "big law" but they are sure as hell paying my bar fees.
What, are big firms going to stop paying for CLE's too? C'mon!
2,
1<2
regards,
first
7, Elie's numbers are actually fine, since affirmative action beneficiaries get a 10% margin of error allowance in math calculations.
I'm no flag waiver for K&L Gates, but they did not announce they have stopped paying Bar Association fees for attorneys. They announced they would not pay ABA fees unless there was a good reason. Big difference.
11, Nice one.
Jones Day pays none of these fees either.
Wow-- this is such incredibly breaking news! Law firms decide to trim costs, instead of cutting staff or other services, and you jump on them. Meanwhile, if they had cut one secretary instead, you would have posted on that. Any big firm associate can afford the fee amounts you posted, and would gladly do so, especially considering the alternatives in this market.
Kaye Scholer is racist.
16 - Why, because they expect all of their attorneys to be able to round?
So, can the lawyers choose not to be members of the organization any more?
10,
1 < 2, but
2 <3 1
kiss my ass
IP attorneys are a bunch of whiny babies.
17 -- No, this guy I know named Kaye Scholer is racist. I just wanted to share something.
14 - Jones Day were cheapskates all along. We dont even get freakin free seamlessweb at night.
On the other hand, no layoffs so far that I know of. Feels reasonably stable as far as I can tell.
This would never happen at Deep Fried Frank. They have funds.
In Bratislava, YOU pay to work for the law firm.
Sounds like Kaye is staring on this path. Won't it be fun paying a firm to work there?
IP attorneys are Racist.
The Ass Cravath will have none of this. All Kaye Scholer associates please form the queue to the left and have 3ply in hand, the ass wiping will begin promptly at noon.
Every Kiss-off begins with Kaye.
IP attorneys are Asian.
"IZ GUNNA RAIN!"
Thanks, Ollie.
*wishes i had an ip background, it sure would help with that 1l sa job :(*
-nervous T-10 1L
email job leads to nervoust101l@yahoo.com
penny wise, pound foolish
30 = racist homophobe AIDS merchant
I am dating a Cadwalader associate right now and she is nice.
Another week, another Kaye post.
This sh*t bores me. Who wants to go play some basketball?
the typeface this firm uses for its logo looks like the "K" in "K-mart"
coincidence? i think not.
What's next? Associates paying out of pocket for Lexis/Nexis after a certain number of hours?
Associates paying for the electric bill after hours? Like we're NOT required to stay after 6 pm, right?
Associates paying for after hour dinners at their own expense?
Associates paying for photocopies and binding after a certain monthly quota?
It certainly sounds as if Kaye Scholer has found a time and motion MBA to figure out how to save money.
What they don't realize is that all this nickel and diming is pennywise and pound foolish.
But then again, managing partners aren't known for their intelligence -- merely a low animal cunning and a keen political sense.
Kaye Scholer will subsidize any and all yarmulka purchases and moil rentals.
36,
I have an idea --
Associates can (1) pay rent on their offices to Kaye Scholer and (2) be independent contractors instead of full time employees. That ought to save some money there.
With ATL averaging 2 firm lay-off announcements a week, I can't believe someone from Kaye is bitching to ATL about having to pay $200 a year for a bar membership. It must be really nice to have the luxury of not worrying about job security in this economy. No doubt that many of our recently laid off colleagues are crying for those poor IP attorneys at Kaye . . .
Anyone who writes "First" or "TTT" flunked out of the Glendale University College of Law.
The difference is that IP attorneys actually continue to make money for the firms they work at. It seems that IP attorneys STILL get a dozen headhunter calls a month.
With ATL averaging 2 firm lay-off announcements a week, I can't believe someone from Kaye is bitching to ATL about having to pay $200 a year for a bar membership. It must be really nice to have the luxury of not worrying about job security in this economy. No doubt that many of our recently laid off colleagues are crying for those poor IP attorneys at Kaye . . .
Kaye Scholer outsources all of its general corporate work to Mexico.
As much as it pains me to say this, Elie's math was correct. He was questioning TTT's logic that attorney satisfaction wasn't worth a mere $9,000--i.e., is attorney satisfaction really worth less than $9,000?
44: you are a tard
With ATL averaging 2 firm lay-off announcements a week, I can't believe someone from Kaye is bitching to ATL about having to pay $200 a year for a bar membership. It must be really nice to have the luxury of not worrying about job security in this economy. No doubt that many of our recently laid off colleagues are crying for those poor IP attorneys at Kaye . . .
I still get countless recruiter calls, and I don't do IP lit or BK work.
--General lit K&E associate.
37 Nailed it, mashugana style!
No coverage on the new xbox experience? Elie's a PS3 fanboy.
Don't firms get deductions for those expenses anyway? Why would they stop paying for the fees?
First
honestly, who cares. Post real news. I can only imagine the commotion there will be when Kirkland cancels art budgets...
I guess this in addition to the fact that they never did pay associates Bar dues. I wonder if they still have that ridiculous defered comp which they always screwed associates with....
i think this is notable news b/c it seems really strange.
* I should probably leave the legal profession, since I'm such an idiot *
-nervous T-10 1L
email job leads to nervoust101l@yahoo.com
I guess this in addition to the fact that they never did pay associates Bar dues. I wonder if they still have that ridiculous defered comp which they always screwed associates with....
I guess this in addition to the fact that they never did pay associates Bar dues. I wonder if they still have that ridiculous defered comp which they always screwed associates with....
Every GULC begins with GAYYY...............
I think 36 and 38 have excellent ideas.
~A CWT partner who was recently shoved out of management
FIRST!
44, you are retarded. What if the associate satisfaction was worth $9,500 to the firm? The firm would still not pay for the fees (since $9,920 > $9,500) but the answer to Elie's question would be that no associate satisfaction is not worth less than $9000. If the satisfaction was worth $8000, same firm action but the answer would be yes.
That is why the correct numerical cutoff is $9,920 or some rounded equivalent.
oh please! for most lawyers, ABA membership fees are a waste of money. i finally terminated it when i realized that i never got any benefit from a program, legal or otherwise, offered the ABA. let my firm be a member on behalf of us.
My firm has started laying off senior IP associates.
Membership in the NYIPLA is not mandatory. It's still a stupid way to save money, but it's not like they're no longer paying bar dues. It's closer to not paying ABA membership dues.
I wonder if they are still paying for MCLE, that tends to get more expensive than NYIPLA type groups.
Membership in the NYIPLA is not mandatory. It's still a stupid way to save money, but it's not like they're no longer paying bar dues. It's closer to not paying ABA membership dues.
I wonder if they are still paying for MCLE, that tends to get more expensive than NYIPLA type groups.
As a former Kaye Scholer employee I can tell you first hand that at least since 2000 Kaye never in fact paid Bar dues for their associates. That's why many of their associates are not admitted until several years after they pass the bar--b/c they don't want to pay the dues themselves....
NEXT thing Kaye will be doing is canning the IP lawyers and sending their work to India like everything else Kaye can outsource cheap.
NEXT thing Kaye will be doing is canning the IP lawyers and sending their work to India like everything else Kaye can outsource cheap.
FIRST to apologize to her brother for not being more sympathetic when he told her this unfortunate news.
KS doesn't pay any state bar dues, let alone optional ABA, etc. dues. I was floored when I discovered this. Cheap.
Quite amusing. NYIPLA memberships are not necessarily that valuable. They do offer a discounted dinner ticket to the "patent prom" - their annual spring dinner at the Waldorf Astoria. I think with the membership, you save half on the dinner. It's important in marketing the firm to all the clients who attend to have a decent turnout of attorneys. In some years, KS "invited" its IP associates to the free cocktail hours before and after, but declined to pay for dinner, with embarrasingly low attendance. KS now picks up the dinner tab, but have made membership mandatory so the firm can use the "half-price" discount. Hilarious. Talk about a cheap date.
Any word on bonuses? Is KS matching Skadden or Cravath?
I've honestly never read more complaining by attorneys in one firm...whenever there is a post about KS (good or bad), they bitch and moan. Either quit or get over it.