November 2009
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Law Shucks, Layoffs
This Week in Layoffs: 11.07.09
Ed. note: Above the Law has teamed up with Law Shucks, which has done excellent work translating all of the layoff news into user-friendly charts and graphs: the Layoff Tracker. It was pretty hard to miss this week’s big news: unemployment crashed through the 10% barrier, hitting 10.2% in October – the highest level since […] -
Non-Sequiturs
Non-Sequiturs: 11.06.09Including Maryland bar exam results.
* Congratulations to Marc Randazza, ATL’s counsel in Jones v. Minkin, on another successful representation. [The Legal Satyricon] * Speaking of free speech, is a college acting unconstitutionally by banning so-called “empty-holster protests”? [Courthouse News Service] * Maryland bar exam results are out. Congrats to all who passed! [Maryland State Board of Law Examiners] * […] - Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use. -
Pepsi Breathes a Billion-Dollar Sigh of Relief
Associates at Cleary Gottlieb may not be starting their weekends on a happy note. But for legal secretary Kathy Henry, the weekend is off to a very good start. Judge vacates $1.26B ruling against PepsiCo[Associated Press] Earlier: Legal Secretary of the Day: Pepsi’s $1.26 Billion Mistake
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Associate Bonus Watch 2009, Biglaw, Bonuses, Money, Reader Polls
Breaking: Cleary Matches Cravath BonusesIs it all over? Reader poll after the jump.
We have confirmed the news of a Cravath bonus match with multiple sources at Cleary Gottlieb. One exchange went something like this: ATL: Any good news today? CGSH: No. Cravath news. Bonus FAIL. So the 2009 bonus market is probably going to coalesce around the Cravath-level bonuses — unless S&C shows up and trumps CSM. […] -
Paul Clement, SCOTUS, Solicitor General's Office, Supreme Court
A Mayer Brown Associate's Supreme Court Debut:A Post-Argument Recap
As we mentioned earlier this week, Steve Sanders — a fourth-year associate at Mayer Brown, no relation to the 90210 character — argued before the U.S. Supreme Court on Wednesday. When we emailed him on Wednesday to set up an interview, we received this rather straightforward Out of Office message: I’ll be traveling on client […] -
An Ill-Advised Way To Make $300
Damian Bonazzoli is a senior staff attorney for the Massachusetts Appeals Court. According to the ABA Journal, he likely makes a five-figure salary. Apparently that wasn’t enough money for him. His entrepreneurial side business got him caught up in a journalist’s term-paper-trafficking sting operation. Colman Herman wrote a piece for Commonwealth magazine exploring the “shadowy […] -
New York Times, Weddings
Legal Eagle Wedding Watch 11.1: The Beard
As expected, Ivanka Trump and Jared Kushner easily won our October Couple of the Month poll. You can read all about Ivanka’s newlywed bliss here, here, and here (she’s already “gadding about the city ringless.”) Now we plummet back to earth to turn the LEWW spotlight on more ordinary folk. This week’s contestant-couples: 1. Lisa […] -
Law School Deans, Law Schools, Southern New England School of Law/Umass, Student Loans
Southern New England School of Law Prepares to Fight
We have reported on the proposed merger of Southern New England School of Law with the University of Massachusetts, which would bring the first public law school to the state. At the time, I wrote: I mean no offense by this, but isn’t the Southern New England School of Law not a very good law […] - Sponsored
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In this CLE-eligible webinar, we’ll explore the most common accounting pitfalls and how to avoid them for your firm. -
Lawyer of the Day, Texas
Lawyer of the Day: I'm Not As Think As You Drunk I Am
The Houston Press has written an exposé on the kind of lawyer that makes drunk Texans proud. DWI specialist Tyler Flood is revealed in all his glory as the Press discusses why he is so skilled at helping drunk drivers in their time of need: “Listen, most of the people we get off are intoxicated. […] -
Billable Hours, Drugs, Labor / Employment, Lawsuit of the Day, Marijuana, Sex
Lawsuit of the Day: Sex, Drugs, and 3000 Billable Hours
When ex-associates sue their former firms, a fun time is had by all — with the possible exception of the litigants. Dirty laundry is aired, often for the amusement of onlookers. Here are some classics: Aaron Charney v. Sullivan & Cromwell (gay associate who accused partner of directing him to “bend over”); Jennifer Braude v. […] -
Job Searches, Summer Associates
Orrick is Recruiting Again
Back in July, Orrick told people exactly what it was going to do regarding recruiting for its 2010 summer program. Here is the crucial part of Orrick’s July announcement: [W]e believe it would be irresponsible to recruit a class for the summer of 2010 – a class that would normally join us in late 2011 […] -
Morning Docket
Morning Docket: 11.06.09
* Unemployment hits 10.2%. I think it’s time to start throwing rotten food around at somebody. [New York Times] * Does Bernard Kerik’s guilty plea end Rudy Giuliani’s nightmare? [Huffington Post] * Dallas = not racist. [Courthouse News Service] * Doesn’t anybody respect attorney-client privilege anymore? This isn’t ‘Nam. There are rules. [Am Law Daily] […]
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Job Searches, Law Schools, Student Loans
Applications Up, Way Up, At Iowa Law School
The influx of law students into the profession — and the deflationary pressure they bring to legal salaries — just can’t be stopped. There are too many prospective law students. And they aren’t listening to reason. We have barred the gates but cannot hold them for long. The ground shakes, drums… drums in the deep. […]
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Legal AI: 3 Steps Law Firms Should Take Now
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Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get…
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Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
In this CLE-eligible webinar, we’ll explore the most common accounting pitfalls and how to avoid them for your firm.
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Non-Sequiturs
Non-Sequiturs: 11.05.09
* Did I miss the part where beating your wife became a civil right? [Double X] * The Anonymous Lawyer opines on Biglaw bonuses. [WSJ Law Blog] * Justice Antonin Scalia will be speaking at Ohio State. Any chance he’s looking for clerks? [Moritz College of Law] * Stealing court documents in plain sight. [The […] -
Crime, Insider Trading, Lawyer of the Day, Wall Street, White-Collar Crime
Lawyers of the Day: Arthur Cutillo, Michael Kimelman, and Jason Goldfarb
Today the winners of Lawyer of the Day honors are obvious. Congratulations to Arthur Cutillo, Michael Kimelman, and Jason Goldbfarb, three attorneys who stand accused of involvement in the infamous Galleon Group insider trading scheme. Both Cutillo and Kimelman have distinguished pedigrees, with ties to two top firms. Cutillo (left), a holder of an M.S. […] -
Associate Salaries, Salary Cuts
Who Elected Altman Weil the God of Associate Compensation?
Have you noticed that whenever there is a story about the long-term future of associate salaries, there is always a quote from somebody at Altman Weil, the law firm consultancy? And have you noticed that their quotes are often advocating deep cuts in associate pay? The latest example of this curious phenomenon appears in the […] -
Layoffs, Staff Layoffs
Nationwide Layoff Watch: Goodwin Procter Makes Grown Men Cry?
It’s been a tough day at Goodwin Procter. Multiple tipsters report that the firm is laying off both attorneys and staff today. One source reported on the human toll of losing your job: [L]awyers were just laid off this morning at Goodwin Procter in Boston. There are both men and women crying in the halls. […] -
Bar Exams, Texas
Bar Exam Results Open Thread: New York Today, Texas Tomorrow
Congratulations to everyone who passed the New York bar exam. To those who did not pass, we wish you good luck if and when you take it again. As we noted last night, results were scheduled to be made available to exam takers today and to the general public tomorrow. But it seems that the […] -
Job Searches, Layoffs, Notes from the Breadline
Notes from the Breadline: Friends and Other Strangers(Part III)
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 roxanastthomas@gmail.com), follow her on Twitter, or find her on Facebook. This column is a continuation from last week’s, which you […] -
Advertising, Biglaw, Career Center, Money, Reader Polls, Shameless Plugs, This Is an Ad
Career Center: So What Are You Making These Days?
Lately, Big Law firms have been changing their salary structures more often than associates can keep up with. With an increasing number of firms abandoning lockstep compensation, associates have been left in the dark about what compensation levels actually are. This week, our ATL / Lateral Link survey asks for your help to track the […]