January 2010

Non-Sequiturs

Non-Sequiturs 01.07.10

* What is a “significant romantic relationship” these days? The Second Circuit ruminates. [How Appealing] * Georgia judge resigns after poking a defendant and then some. [ABA Journal via Partner Emeritus] * Baltimore scores points in its competition with New Orleans and Detroit to be America’s worst city. [Baltimore Sun] * Six ways the Prop […]

Layoffs

Nationwide Layoff Watch: Cahill Gordon Resolves To Lose Some Weight

Last January, Cahill Gordon & Reindel started the year by cutting approximately 10% of its associates. Sources report that 2010 is off to a similar start. Says one tipster: [I]t’s about 20-25 people. Mostly younger associates but some more senior people as well. Standard 3 months severance…. [I]t’s being termed performance based, typical stuff related […]

Biglaw

Associate Bonus Watch: Kasowitz Benson

We’re still catching up on associate bonus news. There have been some memos we’ve missed, including some from last month (technically, last year). If we haven’t reported on your firm’s bonus announcement, please email us. Don’t assume that one of your colleagues will submit the memo; that’s not necessarily the case. Today we belatedly bring […]

New York Times

Legal Eagle Wedding Watch: Sweet November

Thanks to all of you who sent along good wishes after the birth of Baby Lin. It’s been a busy two months, but we’re emerging from the vicious beatdown that is new parenthood. (By which we mean that we’re sleeping in luxurious two-hour stretches and showering almost daily.) We’ve been keeping up with the NYT […]

Morning Docket

Morning Docket 01.07.10

* Chief U.S. District Judge Vaughn Walker gets digital-jiggy with it. The federal trial over Prop 8 and gay marriage will be broadcast on YouTube. [ABC News] * Ponzi-scheming Florida lawyer Scott Rothstein is going down without a fight. [Reuters] * You’re not worth $160,000. [Business Insider] * Yay. Lots of Americans need lawyers. [Tax […]

Harvard

Debt: The Silent Killer

I graduated law school in 2003, owing Harvard University just under $150,000. At the time, I had no idea what starting my professional career $150K in the hole would do to my life. I figured I’d work hard, make money, and pay my loans out of my general non-disposable income funds — kind of like […]

Non-Sequiturs

Non-Sequiturs 01.06.10

* Law students or legal education customers? [Concurring Opinions] * Philip K. Dick’s daughter is not a fan of the Google phone. [Wall Street Journal] * This guy took Partner Emeritus seriously. [Underbelly] * Perhaps unsure what to get Gilbert Arenas for his 28th birthday, NBA Commissioner David Stern opted to indefinitely suspend the Washington […]

Munger Tolles & Olson

Associate Bonus Watch: Munger, Tolles & Olson

Last month, associate bonuses were announced at the super-elite firm of Munger, Tolles & Olson — aka the West Coast home of The Elect, with about two dozen former SCOTUS clerks lying around. The firm is well-known for its exceedingly high hiring standards and intellectual (if somewhat nerdy) atmosphere. One would expect a firm as […]