Morning Docket: 02.09.16

* Demand for corporate work may be down, but that's not stopping senior Biglaw partners from ramping up their hourly billing rates. Partners at some firms have rates that exceed $1,400 per hour. They're not making it rain, they're making it monsoon! [WSJ Law Blog] * No law license, no pretty huge problem: Pennsylvania Attorney General Kathleen Kane's license to practice law is still suspended, so the state Senate has scheduled a historic vote for her removal. For her part, Kane, of course, thinks this is "unwarranted and unconstitutional." [PennLive.com] * Herbert Sudfeld Jr., an ex-partner at Fox Rothschild, was convicted of insider trading. He'd apparently eavesdropped on discussions related to a firm merger client and purchased stock based on what he'd overheard. [Legal Intelligencer via ABA Journal] * Washington & Lee Law settled a suit filed by a former student who claimed he was dismissed as a result of a campus judicial proceeding because he was accused in a sexual assault case. The terms of the deal won't be disclosed. [Richmond Times-Dispatch] * When your firm's founding partners have been disciplined by the state Supreme Court a few times too many, you should probably hurry up and change the firm's name to something kooky like LawyerASAP to distract your existing clients. [Orlando Sentinel]

business man anger shouting with money rain* Demand for corporate work may be down, but that’s not stopping senior Biglaw partners from ramping up their hourly billing rates. Partners at some firms have rates that exceed $1,400 per hour. They’re not making it rain, they’re making it monsoon! [WSJ Law Blog]

* No law license, no pretty huge problem: Pennsylvania Attorney General Kathleen Kane’s license to practice law is still suspended, so the state Senate has scheduled a historic vote for her removal. For her part, Kane, of course, thinks this is “unwarranted and unconstitutional.” [PennLive.com]

* Herbert Sudfeld Jr., an ex-partner at Fox Rothschild, was convicted of insider trading. He’d apparently eavesdropped on discussions related to a firm merger client and purchased stock based on what he’d overheard. [Legal Intelligencer via ABA Journal]

* Washington & Lee Law settled a suit filed by a former student who claimed he was dismissed as a result of a campus judicial proceeding because he was accused in a sexual assault case. The terms of the deal won’t be disclosed. [Richmond Times-Dispatch]

* When your firm’s founding partners have been disciplined by the state Supreme Court a few times too many, you should probably hurry up and change the firm’s name to something kooky like LawyerASAP to distract your existing clients. [Orlando Sentinel]

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