Bankruptcy

  • 99 percent

    Abortion, Bankruptcy, Biglaw, Constitutional Law, Dewey & LeBoeuf, Law Schools, Legal Ethics, Morning Docket

    Morning Docket: 07.26.12

    * “There’s no future in working for Dewey & LeBoeuf,” but maybe if the firm’s few remaining employees can hold on for a little while longer, then perhaps they’ll be able to take home some bonus cash. [Am Law Daily]

    * Doctors in Arizona are trying to block part of a new law that makes it a crime for physicians to perform abortions after 20 weeks of pregnancy. Well, somebody wasn’t paying attention in Con Law. [Bloomberg]

    * All it took was an investigation by the Michigan Judicial Tenure Commission to get this judge to change his tune and apologize for throwing a lawyer in jail for the crime of representing his client. [WZZM]

    * What do recent law school grads think about Yale Law’s new Ph.D. program? Most aren’t willing to spend the time or money to “resolve [their] next career crisis by going back to school.” [U.S. News & World Report]

    * Come on, you’re not the 99 percent. Clinic members from NYU Law and Fordham Law wrote a report criticizing the NYPD’s response to the Occupy Wall Street movement. [Thomson Reuters News & Insight]

    * Wait, law schools are slow to adopt something that may benefit their students? What else is new? Corporate compliance classes are few and far between, even though they could get you a job. [WSJ Law Blog]

    7 Comments / / Jul 26, 2012 at 9:09 AM
  • Dewey LeBoeuf logo large

    Bankruptcy, Biglaw, Dewey & LeBoeuf, Dissolution, Sports

    Beware of Gifts from Dewey & LeBoeuf

    Don’t look a gift horse in the mouth – unless it comes from the stables of Dewey & LeBoeuf.

    26 Comments / / Jul 24, 2012 at 2:43 PM
  • HLA! HLA! HLA!

    Bankruptcy, Biglaw, Cars, Contract Attorneys, Dewey & LeBoeuf, Football, Law Professors, Law Schools, Lesbians, Money, Morning Docket, Murder, Romance and Dating, Sports

    Morning Docket: 07.24.12

    * Dewey know how much Stephen Horvath has made since D&L went belly up at the end of May? Thus far, he’s raked in $190K, and that just covers his pay through the end of June. That’s only $1.97M a year, no big deal. [Thomson Reuters News & Insight]

    * You might not be able to get a full-time job in this economy, but if you’re a contract attorney with foreign-language skills, you’ll probably be able to land some pretty sweet Biglaw firm gigs, even if you’re just doing doc review. [Wall Street Journal]

    * Did the NCAA overstep its legal boundaries when sanctioning Penn State? At least one sports law professor thinks so, and he actually wishes that the school had challenged the scope of the sports organization’s authority. [CNN]

    * Wait, female Senate aides in Minnesota can have affairs with their superiors and get away with it, while male aides get fired for doing the same exact thing? That’s blatant sexism, and you should totally sue. [ABC News]

    * Rather than be “super boring,” this would-be Senator has dubbed herself “the diva of the district.” We know all about the Touro Law student who’s running for New York Senate. We’ll have more on this later. [POLITICO]

    * Law school debtor Jason Bohn was arraigned on first-degree murder charges, and entered a not-guilty plea. According to his attorney, Bohn apparently suffers from “extreme emotional disturbance.” [New York Post]

    * Know your rights? If you’re accused of hit-and-run and vehicular assault charges, it’s always a great idea to cry, repeatedly ask if you’re under arrest, and tell everyone that you’re a law student. [Spokesman-Review]

    * Well, this is graphic: the trials and tribulations of a law student interning at a law firm and blogging about all of the hot lesbian action she’s getting, including encounters with a co-worker. [Daily Intel / New York Magazine]

    2 Comments / / Jul 24, 2012 at 9:07 AM
  • female partner money

    Antonin Scalia, Attorney Misconduct, Bankruptcy, Biglaw, California, Deaths, Dewey & LeBoeuf, Election 2012, Gender, Howrey LLP, Joe Biden, Law Schools, Morning Docket, Partner Issues, SCOTUS, Sexism, Sexual Harassment, Silicon Valley, Supreme Court, Women's Issues

    Morning Docket: 07.23.12

    * Presidential campaigns for Election 2012 are focusing in on the Supreme Court and future appointments to the high court, and Vice President Joe Biden is really not a fan of Justice Scalia. [POLITICO]

    * Dewey know what the ramifications of D&L’s $50M insurance policy will mean for the resolution of the failed firm’s bankruptcy proceedings? Well, Steve Davis is probably happy. [Thomson Reuters News & Insight]

    * Howrey going to pay off all of our creditors? Probably by dipping into the coffers of the 70 other law firms that took on our defectors. Have fun with all of those subpoenas. [Capital Business / Washington Post]

    * The percentage of women in Biglaw partnership positions is up 2.8% since 2003, but the equity gender gap remains. At least some progress is being made. [National Law Journal]

    * “I thought your papers were terrific, I just disagreed with them.” Kleiner Perkins isn’t a fan of backhanded compliments, so the firm is appealing a judge’s decision to keep Ellen Pao’s case out of arbitration. [Reuters]

    * James Holmes, the alleged shooter in the Aurora movie-theater massacre, is scheduled to make his first court appearance today for an initial advisement. Thus far, he’s facing at least 71 charges. [Denver Post]

    * The class action suit filed against Cooley Law over its allegedly deceptive employment statistics has been dismissed, much like the NYLS lawsuit before it. More on the dismissal to come later today. [WSJ Law Blog]

    * “Sex isn’t going to buy me dinner.” Michael Winner, the attorney accused of offering “pro boner” assistance to female inmates, claims in an interview that the allegations against him are “just plain false.” [WSB-TV Atlanta]

    4 Comments / / Jul 23, 2012 at 9:07 AM
  • Accreditation Appeal²

    American Bar Association / ABA, Antonin Scalia, Bankruptcy, Biglaw, California, Dewey & LeBoeuf, Food, Health Care / Medicine, Immigration, Law Professors, Law Schools, Lawyerly Lairs, Morning Docket, Real Estate, SCOTUS, Supreme Court, Television

    Morning Docket: 07.19.12

    * How many of Above the Law’s Scalia groupies tuned in to watch the opinionated Supreme Court justice on Piers Morgan last night? Now we all know what Justice Scalia’s favorite pasta dish is! [CNN]

    * In other news, the Supreme Court’s approval rating has dropped even lower in the wake of the Affordable Care Act decision — just 41% of Americans are satisfied with SCOTUS. [New York Times]

    * Dewey know if D&L is going to be able to pay out bonuses and retention fees? Not if the U.S. Trustee can help it. They’re not “cost effective or economically feasible” — go figure. [Bloomberg]

    * City records for Boaz Weinstein’s and Tali Farhadian Weinstein’s $25.5M lawyerly lair have officially hit the books. Not too shabby for a federal prosecutor. [New York Observer]

    * “I am not a racist. I am not a murderer.” George Zimmerman sat down for an interview with Sean Hannity to tell his side of the story. Prosecutors must be thanking Zimmerman’s attorney for this gift. [Orlando Sentinel]

    * Duncan Law is appealing its accreditation appeal before the American Bar Association’s Section of Legal Education and Admissions to the Bar. This must be the three strikes approach to accreditation. [ABA Journal]

    * Give this undocumented immigrant one of the documents he’s earned. Immigration law professors are lining up to support Sergio Garcia’s attempt to win admission to the California bar. [National Law Journal]

    * California’s foie gras ban will remain in effect due to the lack of a “satisfactory explanation” as to why a TRO should be granted. Sorry, but wanting to eat classy French food isn’t a good enough reason. [Businessweek]

    17 Comments / / Jul 19, 2012 at 9:08 AM
  • Student-Loans-Cap

    Bankruptcy, Biglaw, Federal Judges, Health Care / Medicine, Howrey LLP, Morning Docket, Screw-Ups, Sheppard Mullin, State Judges, Women's Issues

    Morning Docket: 07.18.12

    * Bankruptcy blues: “No one is getting a free pass.” Howrey going to start clawing back all of that money from our former partners and their new firms? Dewey even want to get started with this failed firm’s D&L defectors? [Am Law Daily (sub. req.)]

    * Way to show that you’ve got some Seoul: Ropes & Gray, Sheppard Mullin, and Clifford Chance were the first Biglaw firms to receive approval from the Korean Ministry of Justice to open the first foreign firm offices in South Korea. [Legal Week]

    * This is supposed to represent an improvement? Pretty disappointing. The percentage of women holding state court judgeships increased by a whopping 0.7 percent over last year’s numbers. [National Law Journal]

    * Throw your birth control pills in the air like confetti, because a judge tossed a lawsuit filed by seven states that tried to block the Affordable Care Act’s mandatory contraception coverage provision. [Lincoln Journal Star]

    * “[S]omewhere along the way the guy forgot to tell the seller that he was working with the buyer.” Duane Morris was sued for negligence and breach of fiduciary duty for more than $192M. [Thomson Reuters News & Insight]

    * Please don’t Google me, bitches. Brandon Hamilton, Louisville Law’s ex-assistant dean for admissions, resigned Monday after overpromising $2.4M in scholarship money to incoming law students. [Courier-Journal]

    * A New Hampshire college is offering free tuition to students in their junior year if they combine their senior year with their first year at the Massachusetts School of Law. The catch? Mass Law is unaccredited. [NHPR]

    6 Comments / / Jul 18, 2012 at 9:10 AM
  • work-life-balance-hand

    Attorney Misconduct, Bankruptcy, Biglaw, Law Schools, Morning Docket, Murder, New York Times, Perverts, Prisons, SCOTUS, State Judges, Student Loans, Supreme Court

    Morning Docket: 07.16.12

    * Speaking on the condition of anonymity, one Supreme Court justice thinks that things will be back to normal at One First Street come the start of the next term, despite his colleagues’ loose lips. [National Law Journal]

    * Hourly billing rates for associate are on the rise nationwide, while partner and counsel billing rates only saw modest bumps. Is Biglaw back in business, or is this just another “retention strategy”? [New York Law Journal]

    * This is a really hard to believe newspaper headline: “Law firm recognizes employees have life outside of work.” Carlton Fields, what kind of gypsy voodoo magic spells are you casting? [South Florida Sun-Sentinel]

    * Another day, another editorial about the “irretrievably broken” state of legal education in our country. But the ABA admins needn’t worry their oblivious little heads, because people will keep applying. [New York Times]

    * And in today’s disturbing law school debtor news, Jason Bohn’s charge was upgraded to first-degree murder after a DA announced via indictment that Bohn allegedly intended to torture his victim. [New York Post]

    * “Quite frankly, these are the actions of a dirty old man.” You can look, but never lick: it’s not really a good thing when a judge uses a sentence like this to describe an attorney’s alleged client relations skills. [CBS News]

    * For it’s one, two, three strikes you’re out at the old ball fraud game. Lenny Dykstra pleaded guilty to bankruptcy fraud among a potpourri of other felony counts, and he’ll now face up to 20 years in prison. [CNN]

    6 Comments / / Jul 16, 2012 at 9:07 AM
  • Dewey LeBoeuf LLP new logo DL

    Bankruptcy, Biglaw, Dewey & LeBoeuf, Dissolution, ERISA, Money, Partner Issues, Vicious Infighting

    What Dewey Do With Thousands of Boxes of Client Files?
    (And bad news for D&L 401(k) participants.)

    * “I think this is destined to fail.” People are not happy with the proposed settlement plan for former Dewey partners, but who are they kidding? These people don’t exactly like to part with money — not even to hand out bonuses. [Am Law Daily (sub. req.)]

    * Andrew Levander, a partner at Dechert LLP, is representing ex-Barclays chief executive Bob Diamond. Diamond hasn’t been charged with anything, but this white-collar defense lawyer’s apparently been on his side since 2010. [WSJ Law Blog]

    * Money talks: lawyers and law firms are the top donors by industry to presidential campaign funds, with Kirkland & Ellis leading for Romney, and DLA Piper for Obama. [Capital Business Blog / Washington Post]

    * Escándalo! Louis Freeh’s report revealed that PSU’s “seriously deficient” counsel billed a whopping 2.9 hours on an incident involving Jerry Sandusky’s locker room shower with a young boy. [Centre Daily Times]

    * But here’s where the football chatter comes in (not that I know a lot about football): legal experts say Freeh threw an “incomplete” with this report, because it didn’t go far back enough in time. [New York Daily News]

    * Sorry, lady, but you didn’t need to attend a Justin Bieber concert for his music to allegedly cause permanent damage to your ears to the tune of $9M. All you really needed to do was turn on the radio. [Chicago Tribune]

    2 Comments / / Jul 13, 2012 at 9:06 AM
  • Dewey LeBoeuf logo large

    Bankruptcy, Biglaw, Dewey & LeBoeuf, Dissolution, Money, Partner Issues, Vicious Infighting

    Dewey Have a Deal With Former Partners of the Firm?

    Dewey have a chance of settling with ex-partners? Here’s the latest news on the Dewey bankruptcy front.

    28 Comments / / Jul 12, 2012 at 12:20 PM
  • Big Bay Boom

    Abortion, Associate Salaries, Bankruptcy, Biglaw, California, Crime, Dewey & LeBoeuf, Environment / Environmental Law, Facebook, Federal Judges, Money, Morning Docket, New Jersey, Partner Issues, Privacy

    Morning Docket: 07.12.12

    * What kind of a Dewey pun will be used later today when we discuss this global “clawback” deal for former D&L partners? I dunno, but “Dewey know how f**ked we are?” seems rather appropriate at this point. [Wall Street Journal (sub. req.)]

    * Judge Lucy Koh recused herself from a Facebook privacy lawsuit without providing a reason for doing so. Given that a petition to impeach her popped up online, she probably doesn’t want to piss off any other tech companies right now. [Reuters]

    * Mississippi: a state where legislators want to protect women from unscrupulous abortion practitioners their own choices about their bodies. A judge has extended a temporary order to allow the state’s only abortion clinic to remain open. [CNN]

    * Good news, everyone! Median starting salaries for recent law school graduates are no longer in the six-figure range due to an “erosion in Biglaw jobs.” Still think you’re going to make big bucks? [ABA Journal]]

    * A San Diego, California fireworks fiasco that lasted all of 15 seconds yielded not only a bunch of fabulously entertaining YouTube videos, but also great lawsuit fodder for environmental groups. [National Law Journal]

    * Note to unemployed law school graduates in New Jersey: selling black-market kidneys isn’t a half-bad career choice, because if you get caught, you’ll likely only be sentenced to 30 months in prison. [Bloomberg]

    5 Comments / / Jul 12, 2012 at 9:10 AM
  • Approved method for drinking in public.

    Bankruptcy, Benchslaps, Billable Hours, California, Drugs, Morning Docket, Ridiculousness, Sam Sparks, Sexism, Sports, Women's Issues

    Morning Docket: 07.11.12

    * Following yesterday’s hearing, Kleiner Perkins may be able to get a second bite at the proverbial apple after a judge tentatively denied the firm’s bid to arbitrate Ellen Pao’s gender discrimination suit. [The Recorder; Bits / New York Times]

    * Ogletree Deakins has allegedly got 99 299 problems, and a b*tch ain’t one billing errors are all of ‘em. Arizona’s Maricopa County wants a refund, and it plans to debar the firm from additional work for the next three years. [ABA Journal]

    * Not everything’s bigger in Texas: attorneys for Lance Armstrong have refiled a shorter version of his lawsuit against the U.S. Anti-Doping Agency after suffering a brutal benchslap at the hands of Judge Sam Sparks. [Los Angeles Times]

    * Screw your ban on non-lawyer investors, we’ll expand anyway! Jacoby & Meyers merged with Chicago’s Macey Bankruptcy Law to create a 300-attorney adventure in awful lawyer advertising. [National Law Journal]

    * The bell has not yet tolled for Florida lawyer Frank Louderback, who will now be able to attend the 32nd Annual Ernest Hemingway Look-alike Contest thanks to his client’s last minute guilty plea. [Tampa Bay Times]

    * “I don’t care what the law says, you’re getting a summons.” Sorry, officer, but you don’t mess with a Brooklyn Law student’s booze, because he’ll challenge New York’s open-container law. [City Room / New York Times]

    4 Comments / / Jul 11, 2012 at 9:06 AM
  • happy sperm

    Bankruptcy, Benchslaps, Biglaw, Billable Hours, California, Celebrities, Defamation, Dewey & LeBoeuf, Drugs, FDA, Money, Morning Docket, Partner Issues, Pro Se Litigants, Sam Sparks, Sports

    Morning Docket: 07.10.12

    * Dewey know how many professional firms have been allowed to stay on as advisers for the largest law firm bankruptcy in U.S. history? Six out of nine firms were permitted to continue services, but Proskauer wasn’t one of them. [Am Law Daily (sub. req.)]

    * In other defunct firm news, Al Togut will be presenting Dewey & LeBoeuf’s former partners with a proposed settlement on Wednesday. You’ve been warned: prepare yourselves for some Biglaw-style bitching. [Thomson Reuters News & Insight]

    * Despite reports of the billable hour going the way of the dodo bird, it looks like they’re here to stay. Right now, corporate law departments are still much more excited about alternative billing arrangements than law firms. [WSJ Law Blog]

    * Judge Sam Sparks, the King of Benchslaps, dismissed Lance Armstrong’s lawsuit against the USADA in record time. That ruling came too quickly — guess it’s time to investigate judicial doping. [New York Times]

    * Marc Dreier’s son, Spencer Dreier, is representing himself pro se in a defamation suit against his former college roommate. Looks like Daddy couldn’t spring for his kid’s lawyer while he was in the clink. [Bloomberg]

    * A California woman claims that the Food and Drug Administration’s methods regarding sperm donations are unconstitutional. Why should she have to go to an intermediary to get sperminated? [Huffington Post]

    * Do you smell what The Rock is cooking? It’s not exactly something to be proud of. Actor Dwayne Johnson is listed as a “co-conspirator” in a $1.8M fraud lawsuit that’s been filed by a South Florida family. [NBC Miami]

    10 Comments / / Jul 10, 2012 at 9:07 AM
  • footloose

    American Bar Association / ABA, Bankruptcy, Biglaw, Dewey & LeBoeuf, Gay Marriage, Health Care / Medicine, Insurance, Law Schools, Morning Docket, Police, SCOTUS, Supreme Court, Unemployment

    Morning Docket: 07.09.12

    * Vicious infighting, “arm twisting,” and discord at the Supreme Court? It almost sounds like the justices are in a sorority. According to this report, there hasn’t been so much bitterness and tension at the high court in almost 70 years. [CBS News]

    * The Supreme Court might have issued a ruling on the Affordable Care Act, but the battle is far from over. With a repeal vote coming this week in the House, critics are now on the offensive about interpretations of insurance subsidy provisions. [New York Times]

    * Dewey have a bankruptcy filing potpourri for you! With countless objections from the U.S. Trustee and many D&L motions on tap, advisers for the failed firm may be in for a long, bumpy ride at this afternoon’s hearing before Judge Martin Glenn. [Am Law Daily (sub. req.)]

    * Noting that legislators hadn’t violated the New York Open Meetings Law, an appellate court overturned a trial court decision and refused to push the Empire State’s gay marriage law back into the closet. [Bloomberg]

    * Lincoln Memorial’s Duncan School of Law has again been denied ABA accreditation. Seeing as the ABA would likely accredit a shoe, maybe the administration should throw in the towel. [Knoxville News Sentinel]

    * If you’re having trouble getting a job as a scientist, you might want to consider going to law school instead. Many schools have near-perfect employment rates nine months after graduation. /trolling [Washington Post]

    * Footloose in NYC: a middle-aged couple was arrested for dancing on a subway platform, and now they’re suing. We shudder to think what would would have happened if the pair was drinking soda. [New York Post]

    7 Comments / / Jul 9, 2012 at 9:10 AM
  • Dewey LeBoeuf LLP new logo DL

    Bankruptcy, Biglaw, Dewey & LeBoeuf, Dissolution, JPMorgan Chase, Money, Partner Issues, S.D.N.Y., Vicious Infighting

    Dewey Have Good Prospects for a Speedy Settlement With Former Partners?

    What are the broad outlines of a possible settlement between the Dewey & LeBoeuf bankruptcy estate and former partners of the firm?

    11 Comments / / Jun 20, 2012 at 3:06 PM
  • Supreme-Court-SCOTUS-photo-by-David-Lat1

    Attorney Misconduct, Bankruptcy, Biglaw, Boalt Hall, Copyright, Dewey & LeBoeuf, Drugs, Health Care / Medicine, Law Schools, Legal Ethics, Midsize Firms / Regional Firms, Morning Docket, Partner Issues, SCOTUS, Senate Judiciary Committee, Sex, Supreme Court, Tax Law

    Morning Docket: 06.20.12

    * It’s not just media groups that are urging the Supreme Court to allow live coverage of the announcement of the ACA decision. Senators Patrick Leahy and Chuck Grassley of the Senate Judiciary Committee have joined the club. [Blog of Legal Times]

    * Dewey know whether this failed firm’s former partners will be settling their claims any time soon? Team Togut hopes to reach a deal in the next six weeks, and claims that cooperation will absolve D&L’s deserters of all future liability. [Am Law Daily (sub. req.)]

    * From Biglaw to the big house: former Sullivan & Cromwell partner John O’Brien, who is serving time for tax evasion charges, has been suspended from practicing law in New York. [Thomson Reuters News & Insight]

    * A Stradling Yocca partner and his wife, a Boalt Hall graduate, stand accused of planting drugs on a school volunteer who supervised their son. Looks like the only thing they’re straddling now is jail time. [OC Register]

    * Dharun Ravi was released early from jail yesterday after completing a little more than half of his 30-day sentence. Funny how bad behavior got him into the slammer, but good behavior got him out of it. [CNN]

    * “Why would somebody so smart do something so stupid?” Kenneth Kratz, the sexting DA from Wisconsin, claims that the answer to that question is an addiction to sex and prescription drugs. [Herald Times Reporter]

    * Jay-Z’s got 99 problems and this bitch is one. He’s been accused by Patrick White of plagiarizing parts of his own best-selling memoir, “Decoded,” and slapped with a copyright infringement suit. [New York Daily News]

    9 Comments / / Jun 20, 2012 at 9:10 AM
  • Dewey LeBoeuf logo large

    Bankruptcy, Biglaw, Billable Hours, Dewey & LeBoeuf, Dissolution, JPMorgan Chase, Money, Partner Issues, S.D.N.Y., Vicious Infighting

    Dewey Have Some Pretty Expensive Bankruptcy Advisers? How Much Do They Charge?

    How much are Dewey’s bankruptcy lawyers and other advisers charging? And what else is going on in this epic law firm bankruptcy?

    10 Comments / / Jun 19, 2012 at 6:32 PM
  • Brett McGurk

    American Bar Association / ABA, Bail, Bankruptcy, Biglaw, Dewey & LeBoeuf, Gay Marriage, Law Schools, LSAT, Morning Docket, S.D.N.Y.

    Morning Docket: 06.19.12

    * Dewey know how many professional services firms it takes to wind down a Biglaw firm? According to new D&L bankruptcy filings, there are at least eight of them — including Togut Segal & Segal, a leading law firm that reportedly charges $935 an hour. [WSJ Law Blog]

    * Despite Barack Obama’s pledge of support, Brett McGurk has withdrawn his name from the White House pool of ambassadorial candidates amid much salacious controversy. Apparently this man knows a lost cause when he sees one. [Washington Post]

    * So many DOMA lawsuits, so little time: what’s happening in the six major cases on this statute? The majority are in various stages of appeal, and the world at large is currently awaiting a cert filing to get a final take from the Supreme Court. [Poliglot / Metro Weekly]

    * LSAC will now vet incoming law students’ GPAs and LSAT scores. The ABA won’t do it because they need the insurance policy of someone else to blame in case something happens to go wrong. [National Law Journal]

    * Oh, my sweet little Mittens, you’re making it really hard for moderates like me to consider voting for you in November. Protip: you went to law school, so you should probably stop telling people that you didn’t. [Ology]

    * Stephen McDaniel’s lawyers are expected to ask a judge to reconsider his $850K bond today. If he’s released, it seems like there’s a high probability that he’ll become an ATL commenter. [Macon Telegraph]

    * Remember the legal fight over the Tyrannosaurus bataar? Well, now Preet Bharara, the U.S. Attorney for the S.D.N.Y., is on the case, and he wants to be seized for return to Jurassic Park Mongolia. [New York Observer]

    10 Comments / / Jun 19, 2012 at 9:08 AM