Archive for February 2011

Non-Sequiturs: 02.14.11

* The anatomy of Courtship Connections. Kash explains why it’s so difficult to set lawyers up with each other. [Forbes]

* Alan Dershowitz and Julian Assange make a love connection. [Politico]

* Does compassion really have any place in the law? [Underdog]

* Many of the lonely among you will be drinking heavily tonight. That’s okay. We’ll deal with your alcoholism once Hallmark leaves you alone. [Lawyerist]

* Let’s hope ABA President-Elect Nominee Laurel Bellows shows law students some love. [ABA Journal]

* No love for social media experts in this week’s Blawg Review. [My Law License via Blawg Review]

* And in case you missed it, the Saturday Night Live cast tips us off on a hot new legal practice area — after the jump….

double red triangle arrows Continue reading “Non-Sequiturs: 02.14.11″

Ed. note: This is the latest installment of Inside Straight, Above the Law’s column for in-house counsel, written by Mark Herrmann.

Why are lateral partners like pigs?

No, no! I didn’t mean it that way!

I’m just remembering the line from George Orwell’s Animal Farm — “Four legs good, two legs bad!”

Thirty years ago, law firms took pride in having only homegrown partners: “Homegrown good, laterals bad!” There was a certain logic to that. If you’d worked with a lawyer from his first day out of law school or a clerkship and seen the lawyer progress in the law, then after six (or eight, or ten) years, you had a pretty good sense of that human being, both as a person and as a lawyer. When you made a partnership decision, you could be fairly comfortable that you were working from a decent base of knowledge.

Law firms knew this, and they flaunted it.

Places bragged that all (or nearly all) partners were homegrown. Firms tried to convince their lawyers to stay put. (In 1979, one former Cravath lawyer told me that the firm had a mantra, “You only leave Cravath once.” There was no going home again.) Firms didn’t hire laterals, and firms bragged about it: “Homegrown good, laterals bad!”

That was then; now is now. Based on where I sit, on the receiving end of many law firm marketing communications, times have changed….

double red triangle arrows Continue reading “Inside Straight: Loving Laterals”

In terms of the Above the Law publishing schedule, it would have been nice for firms to spread out their springtime bonus announcements. Then we’d have spring bonus posts to write up throughout the entire week. In case of emergency, break glass; in case of slow news day, write spring bonus post.

Alas, with no consideration for the convenience of your ATL editors, many major firms decided to act today. This morning brought spring bonus announcements from Paul Weiss and Weil Gotshal.

And this afternoon brings spring bonus news from Debevoise & Plimpton. Congratulations, Debevoise associates; now you can spring for Château Margaux at your Valentine’s Day dinners.

The memo, plus a quick summary of which firms have paid spring bonuses at which levels, after the jump.

double red triangle arrows Continue reading “Associate Bonus Watch: Debevoise Goes Plimpin’ – Plus a Bonus Action Recap”

This is a very modern Valentine’s Day story, and one that is only possible in the prestige-obsessed world of Biglaw and a few other similar professions.

A woman is an associate at a law firm. She’s probably an associate at a Biglaw firm, since she claims to earn a six-figure salary. She’s engaged to a man who works as a barista at a coffee shop. The coffee place is frequented by some of the lawyers at her firm.

Apparently her co-workers have been taunting her over their relationship. Incredibly, these colleagues have also taunted him over the engagement, assuring this random coffee shop guy that she will leave him because of his low income.

Now if the man was earning the big bucks while the woman was working at a coffee shop, nobody would say anything about it. But since the woman is the bread winner, it’s a big deal to some people.

I know a lot of Biglaw ladies who are in the position of out-earning their men. Well, I’ve had quite a bit of (ahem) “experience” at being the man who doesn’t make as much as his woman. Let me tell the ladies what your man needs from you (if you don’t already know), and assure you that your friends who are talking s**t are just full of it….

double red triangle arrows Continue reading “Advice for ‘Sugar-Mama’ Attorneys and Their Low-Income Male Life Partners”

____.

Justice Clarence Thomas

Last week, we told you that Weil Gotshal was waiting to see how the other top-tier dominoes fell before deciding on spring bonuses. Well, since that time, many dominoes have fallen, all in line behind Cravath. Davis Polk, Skadden Arps, and now Paul Weiss have all matched the Cravath spring bonus scale. Cravath’s bonuses are a little bit more generous than the spring bonuses previously announced by Sullivan & Cromwell.

Weil was trying to figure out which firm, Cravath or S&C, the market would follow. It looks like that’s going to be Cravath.

Tipsters report that earlier today, Weil decided to fall in line….

double red triangle arrows Continue reading “Associate Bonus Watch: Weil Gotshal Plays the Match Game”

Happy Valentine’s Day, Paul Weiss associates! Uncle Brad loves you. PW just matched the Cravath spring bonuses — memo after the jump.

So who are we still waiting to hear from?

double red triangle arrows Continue reading “Associate Bonus Watch: Paul Weiss Matches the Cravath Spring Bonuses!”

Ed. note: This is the latest installment of Small Firms, Big Lawyers, one of Above the Law’s new columns for small-firm lawyers.

Many large law firms forbid their lawyers from visiting social-media sites at work. Some have actual software blocks, preventing sites like Facebook, Twitter, and LinkedIn from loading on firm computers. Other firms tacitly discourage visiting these sites, since six minutes wasted on them are six minutes that could have been billed.

Small firms are less likely to have these policies or blocking programs, mainly because small firms are less likely to have any policies. Or IT departments.

This is partly a generational issue. On the one hand, you’ve got the Millennials, who are used to having IM chats, Pandora songs, and Facebook walls running in the background while they bash away at Lexis or Microsoft Word. On the other hand, you have more-senior (or just plain “senior”) lawyers, for whom the Interwebs are something to either be feared or restricted to off-duty hours.

Generationally, I’m somewhere in between. I’m 43, placing me at the early end of Generation X. Millennials make me feel old. When I started hiring twenty-something lawyers, I found their IM chats in the background jarring. But I quickly learned that this had no impact on their ability to get work done. They were far more able to multitask than I was, and it seemed silly to make a rule about social-media sites.

Also, a facility with social media comes in handy in a litigation practice. For example, several years ago, a client of ours fired an employee for taking unauthorized time off. The young female professional sought a leave in December to have some elective surgery — to wit, breast implants. (Note for law students: The phrase “to wit” must never be used unironically. And if you ever find yourself writing “to wit: a shod foot,” you need to leave the practice of law immediately.)

The young woman’s employer didn’t seem to a have a fundamental problem with her getting … enhanced. The problem was the timing. The holiday season was their busiest time of year, and they couldn’t afford to lose her then. But she went and did it anyway, and they fired her for the unauthorized leave.

You can imagine what happened next….

double red triangle arrows Continue reading “Small Firms, Big Lawyers: Social Media and Breast Implants”

Joseph Flom

Apparently Joseph Flom — name partner at Skadden, Arps, Slate, Meagher & Flom — is gravely ill. On Friday, his son took to the internet to talk about the life of his father.

It’s a pretty amazing tribute. One of the knocks on making it big in Biglaw are the family life sacrifices. But if his son’s words are any indication, Joe Flom attained that elusive “work/life balance”….

double red triangle arrows Continue reading “Amazing Tribute From Son to Joseph Flom”

Morning Docket: 02.14.11

* The Video Game Bar Association: perfect for unemployed lawyers who play Call of Duty all day… like my boyfriend. Happy Valentine’s Day, please don’t break up with me! [Am Law Daily]

* Is Hugh Hefner cooking the books? He valued the Playboy Mansion at $1.2M, but this lawsuit says he was off on the price by about ten thousand boob jobs. [Bloomberg]

* M-I-C: See you in the hospital! K-E-Y: Why? Because we burned you! Mouseketeers, beware, because Mickey’s got a fetish for hot nacho cheese. [USA Today]

* Speaking of nacho cheese, this Latina beauty queen was told to “get off the tacos” to keep her crown. Don’t these pageant people know that Taco Bell gives people the runs? That’s a great diet! [TODAY / msnbc]

* She didn’t order a Big Mac, but she still got McDonald’s special sauce, which now apparently contains glass. Bada-baba-bahhh, not lovin’ it. [Crimesider / CBS News]

* I can’t haul sh*t on the flatbed of this Ferrari F150? Wait, it doesn’t even have a flatbed? And it costs HOW much? I’m so confused! [Driver’s Seat / Wall Street Journal]

* Yeah, like law schools are really going to listen to the ABA Young Lawyers Division. Just accept that law school is like getting a hooker: you can’t get a refund after you get screwed. [ABA Journal]

* Jared Lee Loughner’s lawyer is no stranger to famous, crazy clients. The only problem she’s had is that crazy people don’t know that they’re crazy. [New York Times]

* Could this be Egypt’s new number-one hit? Army types with the grenade pipes say / Way-oh way-oh, way-oh way-oh / Suspend the constitution! [Washington Post]

Gerald Ung (left) and Edward DiDonato Jr. (right)

In response to our last story about Gerald Ung — the Temple Law student now on trial for attempted murder and aggravated assault (among other charges), after shooting Eddie DiDonato, a former Villanova lacrosse captain and the son of a prominent Fox Rothschild partner — some commenters expressed the view that our coverage was too favorable to the prosecution.

Look — we have no dog in this fight. It seems that the part of the post readers found most objectionable was a blockquote from a source who attended the trial, which we reprinted simply because it was from someone actually present in the courtroom. Sadly, Above the Law doesn’t have a Philadelphia bureau. If you’ve been attending the trial and would like to share your thoughts with us, we’d love to hear from you.

Another reason why the earlier story might have seemed more pro-prosecution is that it was describing the prosecution’s side of the case and the early prosecution witnesses. Now that the trial has been going on for several days, a fuller version of events has emerged. This will culminate tomorrow, when defendant Gerald Ung is expected to take the stand. This is not typical — it happens more on TV and in the movies than in real life — but then again, this is not the typical case. Ung’s defense lawyer, Jack McMahon, may be betting on the ability of his client — a law student, presumably intelligent and articulate — to win over the jury.

Let’s learn more about what’s been going on at the trial over the past few days — and hear some juicy tidbits about defense counsel McMahon….

double red triangle arrows Continue reading “Commonwealth v. Ung: The Other Side of the Story”

The justices are human — and the more we let them be human, the better job they will do. Let the unthinkable be said! If the medieval vestments are making people think the justices should be monks, then maybe, just maybe, we should to do away with those robes.

Noah Feldman — professor at Harvard Law School, one-half of celebrity couple Feldsuk, and author of a new book about the Supreme Court — in a very interesting New York Times op-ed piece, criticizing the view that the justices can (or should) be completely divorced from politics.

Non-Sequiturs: 02.11.11

* Tipsters, I’ve seen the Milbank / Harvard Law news. I just don’t have a strong opinion about it. Good, bad, indifferent? You tell me. [Harvard Law School; National Law Journal via Truth on the Market]

* Is Ashley Madison (the dating site for adulterers) a scam? [Forbes]

* Ah, the real reason Hosni Mubarak finally stepped down. [Slate]

* These are the kind of epic meltdowns that happen when hedge fund folks tangle with Bess Levin. [Dealbreaker]

* Which law firm claims to embrace diversity while one of its partners — a woman who was once married to a gay man, by the way — goes on TV to bash GOProud (a prominent gay conservative group)? [Pam's House Blend]

* Speaking of law firms and LGBT issues, why is it taking so long for WilmerHale partner Edward DuMont, the first openly gay nominee for a federal appeals court in U.S. history, to get a hearing? [The BLT: The Blog of Legal Times]

* Taco Bell really knows how to defend a lawsuit. [WSJ Law Blog]

* I didn’t know the world had a rape capital, but if we had to pick one this seems right. [ABA Journal]

* You’re not so naive as to think that only guilty plead guilty? [Underdog]

* Congratulations to David Kazzie, creator of the viral So You Want To Go To Law School video, on landing a literary agent. [Wall Street Journal]

It’s a little risqué, so we’ve placed it after the jump. If your sensibilities are delicate or you don’t like crudeness, please stop reading here.

double red triangle arrows Continue reading “Proof That the Legal Job Market Still Sucks”

By now, everyone has seen the Volkswagen Super Bowl commercial featuring Max Page as a pint-sized Darth Vader. You know, Max Page — the kid who plays Baby Reed on The Young and The Restless. You mean to tell me you don’t watch a little Y&R? Yeah, I don’t either, and I also hadn’t heard of him until the ad came out.

If you are one of the four people in the world who hasn’t seen this commercial yet, check it out here (first ad). The minute-long video features Page dressed in a Darth Vader costume trying (and failing) to use the Force on everything from his dog to the washing machine to his sandwich, with the Imperial March theme playing throughout in the background. When his father comes home in his shiny Volkswagen Passat, Page runs out not to greet him but to attempt to use the Force on the car. As he focuses all of his energy on it, the Passat suddenly starts.

The audience is quickly made aware that the car started not because of this little Vader’s supernatural abilities, but due to the father starting it remotely from the kitchen. Although Page is wearing a mask, you can imagine the look of surprise on his face as he turns in astonishment toward his parents. As I read online from one random commenter, the commercial managed to capture the spirit of Star Wars better than Lucas did in his last three prequels.

What many people don’t know is that Volkswagen used some of the Force itself with its social-media marketing — and that campaign may provide useful marketing lessons for attorneys. The company managed to not only create one of the most popular commercials during the Super Bowl, but also saved itself at least $3 million dollars in the process.

Is there any way lawyers could implement something similar?

double red triangle arrows Continue reading “Volkswagen Uses ‘The Force’ Of Social Media”

Ed. note: Have a question for next week? Send it in to advice@abovethelaw.com.

Dear ATL,

I’m in my last year of law school and will be taking the bar this summer. I was wondering if you had some advice on the necessity of a bar review course. The opinions I’ve received from friends who have passed the bar has been split. They all say that it helped keep them “on pace” or “forced them to study” which I’m frankly not worried about. Is there going to be enough new law in one year to sink your bar exam if you’re studying from the previous year’s materials?

– Pay to Play

Dear Pay to Play,

Upon realizing that Suze Orman’s Money Book for the Young, Fabulous & Broke was not itself filled with money, I recently sat down with a “financial advisor”…

double red triangle arrows Continue reading “Pls Hndle Thx: Do You Need to Take a Bar Review Course?”

I can’t say with any reasonable certainty what has triggered the spring bonus phenomenon. The lateral law firm market is heating up, but it’s not sizzling by recruitment standards.

Katherine Frink-Hamlett, president and CEO of Frink-Hamlett Legal Solutions, a legal recruiting firm, commenting to The Careerist on spring bonuses.

Egyptian President Hosni Mubarak has finally decided to step down. We should all be thankful that this has been a relatively “bloodless” coup. We should all take notice of a middle eastern regime change that didn’t require the use of American armed forces. We should all wish the people of Egypt the best of luck as they forge ahead into their uncertain future. And we should all pray that in the end Egypt continues on its moderate path of relating to Israel and the west.

That last part is key. Sure, by the end Mubarak was like the guy who won’t leave your house after the Super Bowl party. We’ve all been there. The people of Egypt tried everything you or I have tried in that situation: “Dude, it’s getting late, I have to work in the morning,” “No, really, I can handle the dishes by myself,” “Seriously brah, if you’re here when my wife wakes up she’s going to be pissed.”

But despite his inability to take a hint, Mubarak was still our friend. There’s no guarantee that the next guy will be.

In fact, who is the next guy? We know that Vice President Omar Suleiman is technically in charge now. And many suspect that actually there is a general with a gun who is really in charge. But who is supposed to be in charge? (This is starting to sound like Howrey.)

Seems to me, once God stopped “anointing” people, He created lawyers to answer just this kind of a question…

double red triangle arrows Continue reading “Are There Any Egyptian Constitutional Scholars in the House?”

There’s lots of M&A activity in the technology / new media space — e.g., AOL buying HuffPo, Match.com buying OkCupid — and Silicon Valley is booming once again with corporate work. Lateral Link, which made it a priority to maintain strong relationships with law firms through the hiring lull, has recently placed several associates with firms in the San Francisco/Silicon Valley area. Today’s Job of the Week is for that general corporate associate who is looking to make a move to a well established Silicon Valley firm.

Position: Corporate Associate

Location: Silicon Valley

Description: This firm is looking for a dynamic corporate associate with 4-6 years of relevant experience, particularly in areas of venture capital, initial public offerings, mergers & acquisitions, securities and public finance. Superior academic credentials, excellent verbal, written and interpersonal skills required.

For more information about this position, please view Position #7548 on Lateral Link; current Members may contact their personal search consultant for this or other corporate opportunities in the Bay Area. Non-members may contact Michael Allen regarding this opening at mallen@laterallink.com or 213.785.2344.

This shouldn’t come as a shock: Skadden is paying spring bonuses. And it’s doing so on the top-of-the-market Cravath scale. Yay!

According to a memorandum sent to the Skadden Arps partnership by email this morning — before 8 a.m., so prior to the Davis Polk announcement — the firm was originally planning to match market for the most junior ($2,500) and most senior ($20,000) associate classes. As for mid-level associates, it was going to split the difference between the Cravath scale and the Sullivan & Cromwell scale: “We are planning a mid-level associate bonus range which is somewhat higher than the general pack, but not the highest levels currently announced.”

But then came the Davis Polk announcement, at around 10:30 a.m., in which DPW went with the Cravath scale. And now Skadden has too.

Did the Davis decision change the thinking at Four Times Square? Let’s look at the memos….

double red triangle arrows Continue reading “Associate Bonus Watch: Skadden Matches the Cravath Spring Bonuses!”