* Naked shorting: it sounds hot, but it might just get you into trouble with the SEC. [Dealbreaker] * So you worked for Bernie Madoff — or Marc Dreier, aka Mini-Madoff. Is it okay to lie on your résumé? [Let’s Talk Turkey] * Are Canadian law students and lawyers cuter than their American counterparts? Based […]
Might this be the kindest cut of all? Perkins Coie just announced a salary cut for associates, but it’s rather small — and it was accompanied by good news. Today a firm-wide voice mail from managing partner Robert Giles went out, announcing the following: — an average 3.8 percent pay cut for Perkins Coie associates, […]
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Remember the fellow we mentioned yesterday, whose wife (and her friends) gave him the reverse Bobbitt treatment, by gluing his penis to his stomach? Poor guy — things have gone from bad to worse for him. From the Madison Capital Times: The eastern Wisconsin man who was the victim in a bizarre plot to punish […]
And accountants, and investment bankers. Senator Arlen Specter (D-PA) has introduced legislation that, if passed, would make it easier for investors to sue law firms, accountants and investment banks involved in perpetrating fraud. The law would effectively overrule Supreme Court precedent placing limits upon suits against parties with indirect involvement in fraud. Read more — […]
Ed. note: Welcome to the latest installment of “Notes from the Breadline,” a column by a laid-off lawyer in New York. Prior columns are collected here. You can reach Roxana St. Thomas by email (at [email protected]), follow her on Twitter, or find her on Facebook. On a drizzly Thursday morning, my friend Giovanna calls to […]
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Two weeks ago, Mintz Levin laid off 15 associates. But apparently those cuts were not deep enough. Above the Law has been able to confirm that Mintz Levin has cut associate salaries. A tipster explains it this way: Salaries will be adjusted as follows (firm-wide, all departments) based on this 12-month period: * Hours greater […]
Earlier this year, Latham & Watkins laid off some 400 employees (190 associates and 250 staff). This caused many to wonder about how tough times were getting at Latham. Well, don’t shed tears for LW partners just yet. From the New York Times: If a tourist passing along the Rue du Cloître Notre-Dame just looks […]
You really have to take a step back and think about what summer associate programs used to be in order to appreciate what they are becoming. It is hard to imagine that a recruitment model that firms used for years is suddenly so “outmoded” that some firms are doing away with it entirely. Day Pitney […]
The career services office at Washington University (St. Louis) Law School is earning its keep. The Dean, Kent D. Syverud, sent out a message to his students. The first point, predictably, was that his students are totally screwed: I write to address a foremost priority of this law school– your future legal careers and the […]
How a former insurance agent built a Houston injury practice around systems, empathy, and disciplined advocacy.
Last night, George Sodini, 48, walked into an LA Fitness Center near Pittsburgh, Pennsylvania, and opened fire on those exercising inside. Early reports say he killed three women and injured up to 15, including his ex-girlfriend. He then turned the gun on himself. Sodini’s LinkedIn profile says he was a systems analyst at K&L Gates. […]
* Last night, a gunman opened fire at a Pennsylvania gym, killing four. It appears he is an employee at K&L Gates. [CNN and LinkedIn] * Jack Borden is not the oldest lawyer, but the 101-year-old is the most outstanding. [Dallas Morning News] * Robert Luskin of Patton Boggs has to get Texas fraudster Allen […]
Well, at least one lawyer thinks he has this whole Biglaw thing figured out. And he’s happy to share his wisdom with new associates. Writing at the Texas Lawyer, Jason Braun has some harsh advice for young lawyers: When I became a lawyer, a partner gave me what I now realize was great advice: “Don’t […]
* What other minority groups have yet to be represented on the Supreme Court? Maybe it is time to give the first Americans a “first!” [U.S. News] * Summertime, and the livin’s easy. Sonia Sotomayor is keeping it cool since her confirmation hearings, and David Lat says that is totally normal. [Reliable Source] * I […]
This case is going to bring new meaning to the “Glue Stic” product. For a Wisconsin man, one evening started out like a happy dream. The AP reports: A married eastern Wisconsin man thought he was going to a motel for a little romance with one of his handful of lovers. She allegedly played along […]