December 2008
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Non-Sequiturs
Non-Sequiturs: 12.01.08
* I gave a brief interview to the LexisHub BBLP people. If you have questions that you’d like to ask, or simply want to hear more about my unified theory of everything, you’ll have your chance tomorrow December 2nd at Professor Thoms’ starting at 6:30. [LexisHub via BBLP] * So far we’ve gotten a good […] -
Biglaw
Managing Partners Expect Associate Head Count To Remain Stable: ATL Expects Associate Head Count to be a Useless and Misleading Statistic
American Lawyer released their annual survey of managing partners at top law firms. Despite a high level of uncertainty, managing partners still remain optimistic about the future. Really. You’d think all of the layoff news, dissolution rumors, half-bonuses, and the terrible American economy would make Biglaw chieftains more than a little worried about the future […] - Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms. -
Biglaw
More Shock Doctrine: Wilmer Hale 'Clarifies' Late Night Meals Policy
We’ve reported on various firms cutting back some of the “perks” that used to be associated with Biglaw. But Wilmer Hale has decided to hit associates where they eat, literally. A memo went out to New York associates “updating” the firm’s overtime meal policy. For you law students out there who are not aware of […]
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Biglaw, Dewey & LeBoeuf
Career Alternatives for Law Firms: Film Sets?
If things are a little slow in New York law firms, perhaps they should consider starring roles in the pictures. We’ve covered movie shootings at firms before, because it seems somewhat glamorous to host the Hollywood types and to see your firm later on the big screen. But now we’re getting news that Dewey & […] -
Associate Bonus Watch 2008, Bonuses, Money, Skaddenfreude
Associate Bonus Watch: Davis Polk & Wardwell Joins Cravath/Simpson in Race to the Bottom
Another law firm informed associates that their hard work was worth half of what it was a year ago. Davis Polk & Wardwell is the latest firm to announce Half-Skadden bonuses. The official DPW bonus structure is as follows: Class of 2008: $17,500 (prorated) Class of 2007: $17,500 Class of 2006: $20,000 Class of 2005: […] -
Associate Bonus Watch 2008, Bonuses, Paralegals, Secretaries / Administrative Assistants, Thacher Proffitt & Wood
Thacher Proffitt & Wood Staff Get The Shaft
Thacher Proffitt & Wood has been struggling for some time. A memo sent by managing partner Paul Tvetenstrand to TPW staff the Wednesday before Thanksgiving provides the latest evidence of the firm’s faltering state: From: Paul D. Tvetenstrand To: Non-legal staff As you are aware. The past year has posed many challenges for the firm […] -
Layoffs
Nationwide Layoff Watch: Fried Frank Stealth Layoff Update
… And now back to our regularly scheduled programing … We are now able to report that at least 15 litigation associates at Fried Frank have been laid off in the past week. At least 15 litigation associates, but the numbers could be higher. Multiple tipsters report that there are many “skeletons” in the Fried […] -
Holidays and Seasons, Job Survey
Associate Life Survey: Turkey With All The Billings?
In today’s ATL / Lateral Link survey, we explore whether you actually had a happy Thanksgiving. Last year, ATL posted an open thread on Thanksgiving Horror Stories, and reported tales of busy litigators: I heard of opposing counsel on the East Coast that scheduled a deposition on the Wednesday before Thanksgiving, knowing that the counsel […] - 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… -
Goldman Sachs, Guns / Firearms, Morning Docket, Murder
Morning Docket 12.01.08
* Paris isn’t the only Hilton getting in trouble for sex. The former manager of a restaurant in the Hilton Minneapolis is suing the Hilton for “undirected” sexual harrassment because he walked in on upper management having an orgy. [Courthouse News Service] * GMAC LLC, the financing arm of General Motors, is not allowing holders […]
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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…
Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms.