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Arnold & Porter

Legal Eagle Wedding Watch 9.20: Maddening

champagne glasses small.jpg
We suppose it’s fitting that on Yom Kippur, when our Jewish friends are fasting at home, today’s Legal Eagle Wedding Watch is a total WASP-fest. (Last weekend was Rosh Hashanah, which explains the unusual dearth of Jewish nuptials in the NYT announcements.) We look forward to receiving plenty of tasteful feedback about how there are “too many gentiles” this week.

Here are your six finalists — all Biglaw associates, as it happens:

1. Elisabeth Madden and Wesley Mullen

2. Ann Parker and Robert McKeehan

3. Emily Harris and Matthew Mauney

Read all about these couples and evaluate their credentials, after the jump.

Continue reading "Legal Eagle Wedding Watch 9.20: Maddening"

Staff Layoff Watch: Arnold & Porter Axes 44 Staffers

Arnold Porter logo.jpgReports are circulating today of staff cuts at Arnold & Porter. Here is one account from a tipster:

44 staffers laid off yesterday at A&P - 24 from the DC office.

Arnold & Porter confirmed the new to Above the Law a short time ago:

[Arnold & Porter] can confirm that as of yesterday our firm had a reduction in force affecting 44 staff positions in the firm’s domestic offices. These positions are mostly administrative assistant/secretarial positions; no associates or attorneys were involved in the reduction.

Ranked #18 in you Vault guides, Arnold & Porter has weathered the recession better than some other firms. The firm is actually up two spots from its #20 Vault position last year. The firm froze salaries at the beginning of year, but hasn’t resorted to cutting salaries.

But no firm is immune to the economy. Good luck, laid off staffers.

Earlier: Updated Salary Freeze Round-up: Even More Firms on Ice
Fall Recruiting Open Thread: Vault 16-20 (2010)

Fall Recruiting Open Thread: Vault 16-20 (2010)

comparing.jpgLet’s finish off the prestigious Vault 20. Here we have some firms on the rise, and some firms that are … not.

Here is the next batch of firms:

16. WilmerHale
17. Latham & Watkins
18. Arnold & Porter
19. Jones Day
20. White & Case

Okay, before we discuss Latham and White & Case, let’s give a good cheer for WilmerHale (up one spot from last year), Arnold & Porter (up two spots from last year), and Jones Day (up four spots from last year).

The Jones Day surge is particularly impressive. You’ll remember that the firm slammed its competitors earlier this month. But it seems like the firm is walking the walk as well as talking the talk.

After the jump, you know what happens next.

Continue reading "Fall Recruiting Open Thread: Vault 16-20 (2010)"

Updated Salary Freeze Round-up: Even More Firms on Ice

pay freeze salary freeze pay cut law firm.jpgAs we noted in yesterday’s Morning Docket, even the New York Times has taken note of the salary freeze trend at law firms. The Times reached out to Above The Law’s own David Lat for the story:

Although many associates are angry about the freezes, others are relieved, said David Lat, founding editor of AboveTheLaw.com, a blog about law firms and the profession.

“There is this sense that firms didn’t act prudently during the boom and now they are getting religion, and that it’s better late than never,” Mr. Lat said. “Many associates we have spoken to think the freeze probably saved jobs.”

At the beginning of the month, we did a round-up of firms that have frozen 2009 salary rates at 2008 levels. That list was 16 firms long. Since then, quite a few other firms have announced freezes. Due to frequent requests, we’re updating the round-up list since the number of firms with freezes (that we know of) has more than doubled, to 33 32. Check out the as-comprehensive-as-we-can-make-it list, after the jump.

Recently announced salary freezes include “solid ice freezes” at Blank Rome and Townsend and Townsend and Crew; and “Slurpee freezes” at Bingham McCutchen, Fish & Richardson, and Texan firm Andrews Kurth.

Memorandums, as well as a new list of all firms with “solid ice” and “Slurpee” freezes, after the jump.

Continue reading "Updated Salary Freeze Round-up: Even More Firms on Ice"

Fortune Lists Top 100 Companies to Work For

Happy workers.JPGFortune has released its annual list of the top 100 companies to work for. Despite the general feeling of malaise in the legal industry, a few law firms made the cut.

The highest ranked law firm (number 21 overall) is Arnold & Porter. Fortune reports:

Law firm offers world-class benefits to staff and attorneys: 18 weeks’ paid leave for maternity and adoption, $5,000 for adoption fees, $30,000 for fertility services, free onsite fitness center, on- and off-site child care.

I guess a salary freeze that their peer Vault 20 firms are largely avoiding doesn’t trump a free gym.

Fortune also released a list of the top 20 companies that are great places to work and still hiring. … No law firms made that list.

So I guess we’ll focus on other law firms in the top 100 after the jump.

Continue reading "Fortune Lists Top 100 Companies to Work For"

ATL Salary Freeze Round-up: The Firms on Ice

pay freeze salary freeze pay cut law firm.jpgThe new year is shaping up to be a cold one. As we noted in our 2008 Year in Review series, one of the biggest stories heading into 2009 has been that of the salary freeze. Rather than instituting lock-step raises for associates entering a new class year, a number of firms have informed associates that their salaries will remain at 2008 levels.

There have been two types of freezes: the “Solid Ice freeze”—with salaries frozen through all of 2009—and the “Slurpee freeze”—where firms are sticking with 2008 levels for now, but promise to revisit the decision later in the year.

Many an ATL reader has requested a round-up, and we aim to please. So find your pleasure, after the jump. Some of the firms have been reported on before, and some are new.

If you know of other frozen firms, send us an e-mail at tips@abovethelaw.com with the subject, “Salary Freeze: FIRM NAME.” Also, if your firm has raised salaries as expected, feel free to send us the news, with the subject “Salary Raise: FIRM NAME.” While freezes are news, raises as expected aren’t, so we will not be covering firm by firm, but we may do a round-up.

Find the list of the sixteen firms that have frozen, after the jump.

Continue reading "ATL Salary Freeze Round-up: The Firms on Ice"

Associate Bonus Watch: A Post-Holiday Round-Up

law firm associate bonus watch 2008 biglaw bonuses small.jpgA few bonus announcements trickled in over the holidays. Here’s a round-up of recent bonus announcements that have not yet been covered in these pages. If you have new news, e-mail us at tips@abovethelaw.com.

1. Sheppard Mullin (New York): Sheppard Mullin is paying above market rate for attorneys who racked up the hours this year. Baseline hours are 2000 in New York (and 2100 outside of New York, see below). Bonuses range from $20,000 to $70,000, plus discretionary bonuses of $20,000 to $50,000. Reaction at the firm, after the jump.

2. Sheppard Mullin (outside New York): Associates in California and D.C. had to rack up a few more hours than their NY brethren to qualify for bonuses, with 2,100 as their baseline. And their lockstep bonuses for additional hours are not as generous. Details after the jump.

3. Akin Gump (outside New York): We posted on the New York market/ half-Skadden bonuses for Akin New York associates, announced on New Year’s Eve. Associates outside of New York received an e-mail saying that “merit bonuses” will be given based on “productivity, quality of work and Firm citizenship.” Check out the e-mail, and news of a freeze watch there, after the jump.

4. Linklaters (all U.S. offices): This Magic Circle firm announced bonuses and salary increases for U.S. associates right before Christmas. The London-based firm is following Cravath’s lead, paying half-Skadden bonuses to all U.S. associates, with no hours requirement. The firm will have normal class-year raises. Per our tipster, “the firm had a good first half, including in NY, so a Latham-style salary freeze would have been pretty shocking.”

5. Arnold & Porter (New York): Associates outside of New York got individualized bonus memos last week. New Yorkers got their bonus announcement on Jan. 2. Per our tipster, “the scale was as expected, the half-Skadden, which is significantly less than the bonus in non-NY offices, but at least is “market,” unlike our salaries.” Our tipster says the first A&P paycheck of the year remains at 2008 levels.

Bonus memos galore, after the jump.

Continue reading "Associate Bonus Watch: A Post-Holiday Round-Up "

Nationwide Pay Freeze Watch: Arnold & Porter & Scarlett O’Hara Decide ‘I’ll Think About it Tomorrow’

pay freeze salary freeze pay cut law firm.jpgJust before Christmas, Arnold & Porter sent around an intriguing memo. The firm refused to make any decisions regarding pay in New York at all in 2009:

Associate Bonuses for Associates in All Offices Except in New York

Those of you who met the previously announced thresholds and other criteria for 2008 bonuses will be advised today (by individual e-mails) that you will be receiving these bonuses. The amounts paid will be in keeping with the levels paid in 2007.

Associate Bonuses for New York Associates

We will be announcing our 2008 bonuses for our New York associates after the first of the year. Consistent with past practices, these bonuses will be paid in 2009.

A tipster begs to differ with A&P’s institutional memory of “past practices.”

Despite his wording regarding timing of payment, the bonuses were announced in early December last year.

Just to be clear, A&P announced bonuses on December 12th last year.

Why can’t A&P make a decision on New York bonuses right now like other top 20 firms? Another tipster opines:

It is generally agreed that not announcing the bonuses in NY is totally asinine.

A&P can’t pull the trigger on associate salaries either. More on that after the jump.

Continue reading "Nationwide Pay Freeze Watch: Arnold & Porter & Scarlett O’Hara Decide ‘I’ll Think About it Tomorrow’"

Crisis for some firms, opportunity for others

good news bad news.jpgIt’s been a dark week on ATL. Layoff news has been pouring in: 21 attorneys cut at Katten, up to 60 at Sonnenschein, and 20 at Clifford Chance.

To prevent you from jumping out your windows, we’re revisiting a Wall Street Journal article from earlier this month on the silver lining for law firms during the economic crisis.

Firms with relatively strong balance sheets are hiring lawyers from competitors that are hurting from the dropoff in mergers, debt offerings and other staples of the legal business. Leaders of these firms figure that being bigger and more geographically diverse will help them weather downturns in particular market sectors and capitalize on complex business opportunities that require a variety of specialties. In most cases, they’re even giving the new hires raises.

Did you hear that, despondent ones? Raises!

Many firms have been feasting on the remains of Heller Ehrman (R.I.P.). Heller partners and attorneys have been snatched up by Hogan & Hartson; Orrick; Sheppard Mullin; Arnold & Porter; Covington & Burling; Jones Day; and Cooley Godward Kronish. Other firms have been poaching partners from struggling Thelen.

Some firms are buying on the cheap, while others are giving new attention to more resilient practice groups:

K&L Gates LLP has acquired medium-size firms in Texas and North Carolina this year and hired 45 partners from other firms. “We have no debt — no long-term debt, no short-term debt — and therefore have a balance sheet that allows us to grow aggressively into a downturn,” says Peter Kalis, chairman of the 1,700-lawyer firm…

But many law firms believe that they have no choice but to expand specialties, such as restructuring, intellectual property, securities litigation and antitrust, that are generally believed to remain steady — or even pick up — during down cycles. Cadwalader, Wickersham & Taft LLP in New York laid off 131 lawyers — nearly 20% of its staff — earlier this year because of the implosion in the mortgage-backed securities market, a key practice area for the firm. But it has hired lawyers in other practice areas, including financial restructuring.

Chins up.

Some Law Firms Hire in Slump [Wall Street Journal]
As Heller is sliced and diced, many associates are out in the cold [National Law Journal]

Earlier: ATL Layoff Coverage

Morning Docket 09.25.08

republican not gop.jpg* President Bush wants lawmakers to hurry up and pass the $700 billion bailout plan. Sounds like taxpayers are going to be paying back those $600 economy stimulation rebates and then some. The Dems agree to drop the provision giving greater authority to bankruptcy judges. [New York Times]

* Democrats sue in Washington to force “G.O.P.” gubernatorial candidate to embrace his “Republican” identity. [New York Times]

* Guantanamo prosecutor quits, citing ethical concerns. [Washington Post]

* Kudos to these four law firms. Covington, Arnold & Porter, Katten, and Pillsbury make Working Mother magazine’s best employers list. [National Law Journal]

* Who would have thought a gas mask would be needed for a DUI arrest? [WSAZ]

* Gibson Dunn’s Ted Olson will appear before SCOTUS for the 50th time this fall. One secret to his success: St. Michael the Archangel. [Legal Times (subscription req.)]

* ATL’s former bling-bling lawyer of the day, Gabriel Schwartz, was robbed of property worth only $63,000, by his random-lady-friend-turned-thief. [Associated Press]

Fall Recruiting Open Thread: Vault 16-20 (2009)

comparing.jpgReasons for reading ATL vary from person to person. But we have been told by some people that one of the greatest benefits of following the site is gaining familiarity with law firms and the differences between them.

In that vein, we shall continue on with our series of open threads on the Vault 100. (Sorry, haters! Though we are taking under advisement the idea that we list them in groups of ten from this point forward.)

Here are the next five, with prestige scores in parentheses:

16. Gibson, Dunn & Crutcher LLP (7.056)
17. Wilmer Cutler Pickering Hale and Dorr LLP (7.055)
18. White & Case LLP (7.054)
19. Shearman & Sterling LLP (7.043)
20. Arnold & Porter LLP (6.905)

Of the five, White & Case has the most bizarre list of notable perks: “Gender- and reason-neutral flexible work arrangement program” (what does that mean?), “Cold, anonymous” (yippee?), and “Dinosaur” (the ferocious or the fossilized kind?).

Time to compare and contrast. We invite you to have at it.

Earlier: Vault 100 Open Threads- 2009

Everyone’s a Winner at These Five Law Firms

Best Companies To Work For Fortune CNN Money Above the Law blog.jpgCongratulations to this quintet of five law firms, which just made Fortune magazine’s annual list of the 100 Best Companies To Work For (listed below in rank order):

19. Arnold & Porter: “Staffers get 12 weeks paid maternity leave and profit sharing of 7.5% of salary. The less you make, the less you pay for health-insurance premiums.”

Actually, a correction: 18 weeks (as of January 1, 2008).

31. Alston & Bird: “Both the legal and nonlegal staff get super benefits, including 90 days of paid maternity leave, coverage of fertility treatments, and concierge services.”

Concierge services? Fabulous. Atlantans, stop yer whining!

41. Bingham McCutchen: “They’re proud of their elite grads: 72 from nearby Harvard Law, 24 from Yale, and 20 from Stanford. They all start at $160,000 a year.”

55. Perkins Coie: “They value fun at this law firm. At 2007’s Lawyerpalooza battle of the bands, the Perkins Coie rock & rollers brought down the house (and took home the top prize).”

See also Nixon Peabody: “Fun is not prohibited here.” Speaking of which…

66. Nixon Peabody: “The law firm excels on policies for GLBT employees (a 100% rating from the Human Rights Campaign); it targets 3% of billable hours annually for pro bono work.”

Please send us any theme songs that are composed to commemorate these honors. Thank you.

100 Best Companies To Work For (2008) [Fortune]

Earlier: Bingham McCutchen: Land of the Amazons?

Biglaw Perk Watch: Good News for Parents, from Davis Polk and Arnold & Porter

breastfeed redacted lactate lactation room Above the Law blog.JPGSometimes we wish we had the breastses. Then we could enjoy the luxurious lactation room at Davis Polk & Wardwell.

Back in this post, we wrote about the lactation room at Simpson Thacher & Bartlett. We’re sure it’s plenty nice. But we doubt it’s as snazzy as what the competition on the other side of Lexington Avenue is offering.

Check out this Davis Polk email, which went out late last year (exclamation mark in the original):

From: **** On Behalf Of Associate Development
To: all.lawyers.ny
Subject: Nursing Room

We are pleased to announce that the firm now has a private nursing room!

Located on the 10th floor, this cozy room is equipped with brand-new furniture, including a comfortable chair and end table, refrigerator, and reading materials of interest to new mothers. Access to the secure room is available through the Security Desk. A small sign on the outside of the door indicates when the room is occupied.

We hope that this amenity will provide returning mothers who wish to continue nursing their babies additional support during this important transition. Your privacy and comfort are our priority.

Please do not hesitate to contact [xxxx] or any member of the Associate Development Department if you have any questions. Thank you and congratulations to all of our new DPW Parents.

We’re curious about the “reading materials of interest to new mothers” at DPW. Draft asset purchase agreements? SEC proxy filings?

Meanwhile, in other happy news for parents, Arnold & Porter has jumped on the improved parental leave bandwagon. Following the recent trend, which we’ve been following in these pages, they’ve increased the paid leave they provide to women who give birth or primary caregivers of a newly adopted child. It used to be 12 weeks; now it’s 18 weeks, which appears to be the “market” rate these days.

Transmittal email, plus A&P’s full leave policy, after the jump.

Earlier: Biglaw Perk Watch: Lactation Rooms

Continue reading "Biglaw Perk Watch: Good News for Parents, from Davis Polk and Arnold & Porter"

Associate Bonus Watch: Arnold & Porter (New York)

associate bonus watch 2007 law firm Above the Law blog.jpgJust in time for its holiday party, which is taking place tonight, the New York office of Arnold & Porter has announced bonuses. It appears to be following the example of other non-New York firms — e.g., Covington & Burling, WilmerHale, and Sidley Austin — and paying its New York associates better than their non-NYC counterparts.

Full memo after the jump. Some brief observations, from a tipster:

A word of explanation: bonus structure is very different between the D.C. office (which I believe has a tiered formula), and New York, which has in the past had a flat 1950 hours requirement, with some other types of hours counting toward that 1950. Note the tying of special bonus to 2000 client billables (this is going to cut out some, don’t know how many).

There is also confusion in the ranks about whether the special-bonus-tied-to-2000-billables thing includes pro bono hours. On my reading, it doesn’t.

Note also the VERY weird “firm citizenship” requirement. Timely billing!? Oh noes!

You can read the memo for yourself, after the jump.

Continue reading "Associate Bonus Watch: Arnold & Porter (New York)"

Musical Chairs: Jim Sandman Isn’t as Greedy as You Thought

James Sandman James J Sandman Jim Sandman Above the Law Blog.jpgRemember James Sandman? Oh no, you don’t? Well, surely you remember the Arnold & Porter partner’s infamous essay, The High Price of Escalating Associate Salaries, which he wrote while president of the D.C. bar.

Jim Sandman’s article, dishing out harsh criticism of law firm associate pay raises, did not endear him to ATL readers. In a near comments clusterf**k, he was condemned as the greediest of greedy Biglaw partners (along with other epithets not fit for printing here).

Well, maybe Sandman has gotten a bad rap. After all, he was public-spirited enough to serve as president of the D.C. bar. When we met him at this party, one of many charitable functions he attends, he didn’t have horns growing out of his head.

And now we hear that he’s leaving his lucrative partnership, to toil in the considerably less profitable precincts of the D.C. public school system. He’s accepted a position as General Counsel for the District of Columbia Public Schools, and he’ll also be a member of Chancellor Michelle Rhee’s senior leadership team to the DC School Board.

Read the A&P memo announcing Sandman’s departure, from firm chairman Thomas Milch, after the jump.

Continue reading "Musical Chairs: Jim Sandman Isn’t as Greedy as You Thought"

Fall Recruiting Snafu Watch: An Unusual Gift from Arnold & Porter

From an ATL reader going through the law firm recruiting process right now:

I’ve enjoyed reading about various law firm recruiting snafus on Above the Law over the last few months. I just never thought I would be lucky enough to encounter one of my own.

I recently came home to an unusually thick envelope from Arnold & Porter (DC). Inside there was a typical ethnicity request form (to be mailed back to them for recordkeeping), a return envelope, and finally, much to my surprise — a refrigerator warranty!

Yep, that’s right. While other firms are busy sending recruits bonsai trees, iPods, and designer cookies, Arnold & Porter sends its rejects their appliance warranties.

Our tipster sent along a scanned copy of the warranty registration form:

Arnold Porter refrigerator warranty Above the Law blog.jpg

Earlier: Public Humiliation, Courtesy of Your Friends at Wilson Sonsini
Fall Recruiting Snafu Watch: You Know They Really Don’t Want You When…
Not Everyone’s A Winner at Nixon Peabody

Weird Email of the Day: Are You Missing a Necktie?

necktie 2 sex doorknob Above the Law blog.jpgAn attorney sent this office-wide email to the entire Washington office of Arnold & Porter:

To: [D.C. office of Arnold & Porter]
Subject: Did you leave your tie on my chair?

I know this may sound ridiculous, however, I’m not sure how to handle this unusual situation. I don’t know where it came from, but this morning I found a tie on my chair…

If you left it here and would like it returned, please let me know. My general apologies for this interruption in your day.

Thanks!

Question for sender: Is your office chair all sticky today?

Biglaw Perk Watch: How Green Was My Valley Law Firm

recycling environmental eco friendly law firms Above the Law blog.jpgThe latest post in our series on perks / fringe benefits isn’t a “perk” per se. But it is, like true perks, a non-monetary factor that some people may take into account when choosing between law firms.

The topic: eco-friendliness, or how “green” a law firm is. From a tipster:

I think you should do a feature on which law firms are promoting eco-friendly office environments / business practices. With the country’s increased environmental awareness, I think it could help both law students and attorneys decide where to work. Here are two examples:

1. Arnold & Porter: Details of their “green office” policy appear here.

2. Morgan Lewis & Bockius: They described their “program to promote an eco-friendly workplace” in a recent memo (reprinted after the jump).

We offer commentary on that memo after the jump.

Getting Law Firms to Boot Up to Green [Legal Technology News]

Continue reading "Biglaw Perk Watch: How Green Was My Valley Law Firm"

Fall Recruiting Open Thread: Vault 21-25

Morrison Foerster 425 Market Street San Francisco Above the Law blog.jpgOkay, folks, you know what to do. Here are the next five law firms up for discussion (in Vault 100 order, with prestige scores in parentheses):

21. Arnold & Porter LLP (7.012)
22. Jones Day (6.932)
23. Morrison & Foerster LLP (6.898)
24. Milbank, Tweed, Hadley & McCloy (6.752)
25. Clifford Chance LLP (6.747)

The virgin territory of the comments is yearning for your touch.

The Vault Top 100 Law Firms [Vault]

Earlier: Vault 1-5; Vault 6-10; Vault 11-15; Vault 16-20

Nationwide Pay Raise Watch: Sidley Austin, Arnold & Porter, Brown Rudnick

100 dollar bill Abovethelaw Above the Law law firm salary legal blog legal tabloid Above the Law.JPGIt’s a busy morning, right before the big Memorial Day holiday weekend. There’s breaking news of associate pay raises from Sidley Austin, Arnold & Porter (hi James Sandman!!!), and Brown Rudnick.

The Sidley Austin memo appears after the jump. The raise to the $160K scale covers Chicago, Dallas, Los Angeles, San Francisco, and Washington. It’s retroactive to May 1.

The Arnold & Porter news was reported by The BLT: Blog of Legal Times. If you have the A&P memo, please email it to us.

We learned of the Brown Rudnick raise by email. We don’t have the memo, but our source sent us a salary table, which also appears below the fold.

Discuss.

Continue reading "Nationwide Pay Raise Watch: Sidley Austin, Arnold & Porter, Brown Rudnick"