* Real Wall Street types opine on Wall Street: Money Never Sleeps. I’m using their input for the screenplay I’m working on, Wall Street: Money Flees America. [Hellerman Baretz]
* Let’s be clear: we need more lawyers. We just need them to work for poor or lower-middle-class clients. Wouldn’t it be awesome if law school tuition came down so that more people could do this work? Otherwise, we might just have to find a way to obviate the need for lawyers altogether. [Truth on the Market]
You have to hand it to the people at Latham & Watkins. Former employees can bitch and moan all they want about being laid-off, but the firm has a certain kind of “star quality.”
Take this story from this month’s American Lawyer. It turns out that when Oliver Stone needed to figure out what was really going on during the height of the recession, he turned to Latham attorneys Alexander Cohen and Brian Cartwright. The lawyers are at Latham now, but their previous government experience gave Stone the inside knowledge he was looking for.
Yesterday we discussed the merger talks that are currently taking place between Akin Gump and Orrick. We solicited your views on a possible combination, and we received some interesting feedback (in the comments and by other means).
Let’s start with the happy stuff. Here are some positive takes on an Orrick / Akin merger, from the comments (yes, positivity in the comments — it happens):
“I have been at both firms and I believe it would be a good fit both geographically and practice-wise. Orrick is almost all about finance, and finance is one key area that Akin lacks real depth.” [FN1]
“#1 Vacuum company in America + #1 brand of cocktail shrimp = unstoppable legal force.”
But it’s not all vacuums and cocktail shrimp, sunshine and puppies. Insiders with knowledge of both firms also identified downsides to a possible Orrick / Akin merger….
Andrew Shirvell, the Michigan assistant attorney general who has decided to launch a smear campaign against a Michigan undergraduate student council president, appeared on Anderson Cooper 360 last night. Shirvell made headlines two weeks ago, when his hate blog against University of Michigan student council president Chris Armstrong attracted media attention. Shirvell claims Chris Armstrong advances a “radical homosexual agenda.” Shirvell’s blog depicts Armstrong with photoshopped swastikas on his face and features all sorts of hateful rhetoric directed against Armstrong. We previously wrote about Shirvell here.
I don’t know if Shirvell thought he was going to get fellated by Larry King when he walked into the CNN studio. But Anderson Cooper was not about to let this unrepentant homophobe have an unchallenged opportunity to spout his hate to a national audience. The best Cooper line: “You seem to be obsessed with this young, gay man.”
Why don’t you check out the video clip, and then we’ll discuss…
Guess we won’t have Kenneth Kratz to kick around anymore. Kratz, aka the Sexting District Attorney, will soon step down as DA of Calumet County, Wisconsin. According to his attorney, Kratz’s resignation will take place before October 8, the date set for his removal hearing. The news was reported on Tuesday by the Associated Press.
Losing his post as chief prosecutor will definitely cramp Kratz’s dating style. He’ll forfeit his high-profile job and its $105,000 salary. He’ll no longer be able to hit on women victims seeking help from his office by sending them text messages that read “Are you the kind of girl that likes secret contact with an older married elected DA?” and “I’m the atty. I have the $350,000 house. I have the 6-figure career. You may be the tall, young, hot nymph, but I am the prize!”
You may have noticed that people working in Big Law are more pissed off than usual lately. And I can’t say that I blame them. The threat of associate layoffs still looms large. A six-figure salary barely keeps you off food stamps. White shoe firms are crawling with bed bugs. And herpes. But it looks like there’s a new kid on the block — a pair of kids, actually — gaining traction as the latest target for Big Law acrimony, at least if the state of affairs in and around my firm is any indication: Boobs. Or more to the point, how front and center they should be when it comes to dressing for work.
Now, arguments over appropriate sartorial choices for the workplace, breast-related or otherwise, are nothing new. Panels have been convened over them. Entire websites have been launched about them. Lawsuits have been waged because of them. But when the argument focuses on the degree of exposure — or lack thereof — of female breasts in the workplace, especially in a legal workplace, that’s when tempers really start to get out of control.
I can tell you’re already starting to get a little hot under the collar, aren’t you? OK, look, let’s all just calm down, take a deep breath, and take a tour of some photographic evidence….
Hey, have you read Above the Law for like one single minute in the past month? If so, you probably know that we’re having this big blogger conference on March 14th at the Yale Club. Yeah, the Yale Club. You’ll be able to recognize me: I’ll be the only big… blogger guy surreptitiously holding a can of crimson spray-paint.
Speaking of coming, you should come. We’ve got CLE and all that. Click here to buy tickets to get CLE credit for listening to bloggers scream about stuff on the internet.
To refresh your memory, details on the panel that I’m moderating — almost entirely sober, mind you — follow.
My panel is called Blogs as Agents of Change, and we’re going to talk about whether all of these spilled pixels are actually making a difference. You know my view… just ask Lawrence Mitchell, but here are the panelists:
So you spent a considerable amount of time courting, selling and maybe even doing some friendly stalking of that attractive lateral partner candidate with a sizable book. After he or she ignored your emails and didn’t return your calls, a few weeks go by and you read a press release in the legal media announcing the recent move to a competing firm.
Rats. Another one got away from you. You cringe when you consider how much time was spent in meetings that did not bear fruit. Your heart aches when recall how you were led to believe this was a marriage made in heaven.
You have been rejected.
The sting of rejection is painful, even for fancy law firms. But you need to find a way that you can turn this disappointment into a legitimate learning experience.
No, this isn’t a pre-party before we come back next fall for the real thing. This IS the real thing. Quinn Emanuel is pushing the envelope on recruiting. The party is now. This is when you meet the partners and associates face to face. This is when we begin the dance that could land you an offer for your second summer BEFORE school starts in the fall.
First: You come to the party. Second: If you like us, you send your resume after June 1, 2014. Third: If we like each other, you get an offer.
We’re not waiting for fall. We’re not doing the twenty minute thing. This party is the real thing!
We hope you’ll join us, and look forward to meeting you.
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