December 2008

  • Skaddenfreude

    S&C Bonus Watch: What Does an Associate Bonus Look Like?

    I think I speak for many ATL readers and Biglaw followers when I ask: when the heck is S&C going to announce its 2008 associate bonuses? Because the delay is getting ridiculous. It’s December 15th. All of S&C’s peer New York firms have announced already, except for Weil — and historically speaking we can’t expect […]

    127 Comments / / Dec 15, 2008 at 9:55 AM
  • Antitrust, Litigators, Morning Docket

    Morning Docket 12.15.08

    * Investigators looking in to Bernard Madoff’s ponzi scheme “found evidence he ran an unregistered money-management business alongside his firm’s brokerage and investment-advisory subsidiaries.” [Bloomberg] * A little insight into how Marc Dreier cheated even the best businessmen. [New York Times] * Regardless of whether Gov. Rod Blagojevich resigns today, Democrats will have to decide […]

    14 Comments / / Dec 15, 2008 at 9:03 AM
  • Holidays and Seasons, Parties

    A Lawyerly Holiday Party Invite
    (At least it didn’t include a waiver.)

    Lindsay Lohan is kind of over as far as celebrity gossip goes: no more car accidents, no more sloppy drunk photographs, and in a relatively stable relationship. But now Lohan’s girlfriend, Samantha Ronson, is getting pulled back into the tabloids, and she’s dragging First Amendment attorney Martin Garbus along with her. Martin Garbus prides himself […]

    26 Comments / / Dec 12, 2008 at 7:07 PM
  • Non-Sequiturs

    Non-Sequiturs: 12.12.08

    * I was a little confused as to how Bernard Madoff’s giant ponzi scheme could have gone unnoticed for so long by authorities or investors. Then I heard that New York Mets owner Fred Wilpon was invested in Madoff. Now … everything makes sense. (This n-e-v-e-r happens to the Yankees. Ever. I’m going to short-sell […]

    45 Comments / / Dec 12, 2008 at 5:33 PM
  • Larry Lessig

    Musical Chairs: Larry Lessig to Harvard Law School

    Dean Elena Kagan strikes again. From an HLS press release: Renowned legal scholar Lawrence Lessig has been appointed to the faculty of Harvard Law School, and as the faculty director of Harvard University’s Edmond J. Safra Foundation Center for Ethics. The announcement was made jointly today (Dec. 12) by Harvard University Provost Steven E. Hyman […]

    96 Comments / / Dec 12, 2008 at 4:47 PM
  • Disasters / Emergencies

    Courthouse of the Day: Broward County

    Broward County has given us many, many Judges of the Day in the past. Now the county has earned the dubious distinction of our first ever “Courthouse of the Day” award. The central courthouse building is a disaster area. From Courthouse News Service: A 2-inch pipe burst on the second floor, courthouse communication center, damaging […]

    25 Comments / / Dec 12, 2008 at 4:04 PM
  • Cardozo Law School, Chadbourne & Parke, New York Times, Weddings

    Legal Eagle Wedding Watch 12.7: The Luckiest

    In response to the many queries we receive from couples hoping to be selected for LEWW (yes, we do get them — mostly from grooms, oddly enough), we’d been thinking about drawing up some submission guidelines (sort of like the NYT’s). But we’ve got a better idea. Three words: pay to play. See, we’ve got […]

    / Dec 12, 2008 at 2:46 PM
  • Bad Ideas, Craigslist, Crime, Law Schools, Prostitution, Sex, Sex Scandals

    University of Michigan Law Student Should Have Come to ATL First

    I know a lot of readers think we have an ax to grind with the University of Michigan Law School (even though we take pot shots at Head Coach Sweater Vest at every opportunity). We like Michigan. Maybe if more U-M Law students trusted that, a certain student would have come to ATL instead of […]

    / Dec 12, 2008 at 1:51 PM
  • Layoffs

    Nationwide Layoff Update: Proskauer Rose

    Last Thursday, we reported that Proskauer Rose laid off 35 associates and 25 staff. At the time, the firm released a statement explaining the need for the cuts: We are taking these actions in response to the worldwide economic crisis, as well as an unprecedented reduction in our historical lawyer attrition rate, which requires that […]

    254 Comments / / Dec 12, 2008 at 1:03 PM
  • Midsize Firms / Regional Firms, Money, Salary Freeze

    Nationwide Pay Freeze Watch: Womble Carlyle Bows to Southeast Economy

    While Southeastern United States Senators are busy making the world safe for Toyota, Southeastern law firms are busy just trying to survive. The latest bad news comes the 132-year-old law firm Womble Carlyle. The North Carolina based firm has decided to freeze salary increases for all attorneys through the first half of 2009 at least: […]

    68 Comments / / Dec 12, 2008 at 11:44 AM
  • Law School Deans, Law Schools

    Duquesne Law Dean Dismissal Follow Up

    Duquesne Law Students are still waiting for a satisfactory reason for the dismissal of (former) Duquesne law dean Don Guter. We reported yesterday that the Dean was given 24 hours to resign, without explanation. While there has been much speculation about why Guter was asked to leave, none of the rumors have been confirmed. But […]

    81 Comments / / Dec 12, 2008 at 10:55 AM
  • Job Searches

    Small Law Firm Hiring on Craigslist: Hofstra Students Welcome

    With all of the carnage in the legal community, unemployed attorneys might have to look outside the box to find jobs right now. We suggest an “all of the above” strategy. Headhunters, personal connections, career counselors, or even Craigslist could produce the job you need to satisfy your landlord. An interesting little ad appeared on […]

    153 Comments / / Dec 12, 2008 at 9:57 AM
  • Morning Docket

    Morning Docket 12.12.08

    * Legal Talk of the Town: A Virginia couple has sued the New Yorker and Greenberg Traurig for an illegal search and seizure of their home. They are represented by Ken Cuccinelli, who hopes to be Virginia’s next attorney general. [Courthouse News Service] * Under this new Justice Department rule, Rod Blagojevich will have to […]

    50 Comments / / Dec 12, 2008 at 8:56 AM
  • Bankruptcy, Cars, Dewey & LeBoeuf

    GM Hires Weil (and Ex-Weil Partner) for Possible Bankruptcy Case

    So should Weil Gotshal associates be rooting against a government bailout of GM and the other big automakers? GM bankruptcy –> more fees for Weil –> bigger bonuses (which WGM has not yet announced)? UPDATE (1:00 AM): As of now, it looks like the auto industry bailout talks have failed. This makes a GM bankruptcy […]

    144 Comments / / Dec 11, 2008 at 6:59 PM
  • Non-Sequiturs

    Non-Sequiturs: 12.11.08

    * The fertile octogenarian: could legal fiction become reality? [Concurring Opinions] * The twenty most popular law reviews to submit to via ExpressO. A quirky list, to say the least. [The Conglomerate] * Has Kentucky engaged in “celestial outsourcing” of its homeland security needs? [Supreme Dicta] * Want to teach case law to patent examiners? […]

    17 Comments / / Dec 11, 2008 at 6:14 PM
  • Crime, George Ryan, Politics, Rod Blagojevich

    Rod Blagojevich: Bills, Bills, Bills

    Some have wondered: Where was star litigator Dan Webb at Governor Rod Blagojevich’s bond hearing? High-powered Winston & Strawn litigators Dan Webb and Bradley Lerman were not at Illinois Gov. Rod Blagojevich’s side when he appeared at a bond hearing on Tuesday. Blagojevich instead tapped Sheldon Sorosky, a lawyer from two-partner Chicago litigation shop Kaplan […]

    63 Comments / / Dec 11, 2008 at 4:03 PM
  • Dissolution, King & Spalding, Law Firm Mergers, Real Estate, Thacher Proffitt & Wood

    Law Firm Merger Mania: Thacher Proffitt To Be Rescued by King & Spalding?

    Talks between Thacher Proffitt and King & Spalding, a story we broke here, remain ongoing. From the Legal Times: Atlanta-based King & Spalding is in talks to acquire most, but not all of Thacher Proffitt & Wood’s lawyers, say two sources aware of the discussions. In order to avoid dissolution, New York-based Thacher hopes to […]

    110 Comments / / Dec 11, 2008 at 3:28 PM