Biglaw
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Biglaw, Bonuses, Money
Associate Bonus Watch: Skadden Arps Announces
Skadden just announced bonuses -- did it beat Cravath, like it did back in 2008? -
Barack Obama, Biglaw, Bonuses, Crime, Football, Immigration, Legal Ethics, Munger Tolles & Olson, Non-Sequiturs, Racism
Non-Sequiturs: 12.03.13
* Alabama fan allegedly shot despicable fronts runners who liked the Tide and the Heat for not being distressed enough after Alabama’s loss. When reached for comment, LeBron tightened his Yankee cap and yelled Roll War Eagle Tide. [USA Today] * A couple of Illinois lawyers got disbarred for beginning inappropriate sexual relationships. One began an affair with a teen he’d prosecuted. It’s good to see people still look up to Dan Fielding. [Legal Profession Blog] * Obama’s Kenyan Uncle will not be deported. We need him to stay and do a job no American wants to do.. fix Healthcare.gov. [Associated Press] * Kaplan has agreed to make a number of changes to increase access for disabled students in a settlement arising from the request of a deaf student to get a sign language interpreter. Now figuring out the bar exam will be… slightly easier. [Daily Business Review] * White males successfully argue that they shouldn’t even have to listen to black woman talk about race, even if she’s their professor in “communications.” [Raw Story] * Munger Tolles brings back the former ambassador to Australia as a partner. “That’s not a cognizable claim. This is a cognizable claim.” [Law 360 (sub. req.)] * David and Elie appeared on CNBC’s Power Lunch today to talk about bonuses that they’re not getting. Video embedded after the jump… - Sponsored
Profit Powerhouse: Elevating Law Firm Financial Performance
In this CLE-eligible webinar on April 10th, we’ll explore the most common accounting pitfalls and how to avoid them for your firm. -
Alston & Bird, Antitrust, Biglaw, Career Center, Career Files, Keker & Van Nest, Law Students, Litigators, Munger Tolles & Olson, Partner Issues, Rankings, Tax Law, White & Case, Willkie Farr
Biglaw’s Most Underrated Firms by Practice Area
The most underrated practice groups in Biglaw, according to the ATL readership.
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Biglaw, Caption Contests, Contests, Pictures, Weirdness
Caption Contest: Hot Cups
Want to own a piece of Biglaw? It might be cheaper than you think. -
Biglaw, Billable Hours, Money, Partner Issues, Partner Profits, Technology
Creative Billing: Biglaw’s Perennial Profit Engine
Anonymous Partner wonders: Is the Biglaw problem of padding bills getting worse, not better? -
Biglaw, Bonuses, Holy Crap, Money, Partner Issues, Partner Profits
Breaking: Cravath Announces Year-End Bonuses; Let the 2013 Bonus Season Begin!
Cravath just announced its 2013 year-end bonuses, which will set the standard for other Biglaw firms. How are they looking? -
Biglaw, In-House Counsel, Partner Issues, Small Law Firms
On 'Coaching' Instead Of 'Plucking You Out Of My Life'
Many corporations devote far more effort than large law firms do to coaching of employees. Is this a good or bad thing? -
Biglaw, Canada, Dewey & LeBoeuf, Federal Judges, Gay, Gay Marriage, Guns / Firearms, Judicial Nominations, Law Schools, Minority Issues, Morning Docket, Politics, Ruth Bader Ginsburg, Utah, White People
Morning Docket: 11.29.13
Ed. note: We’ll return to our normal publication schedule on Monday, December 2. We hope to see you at our holiday happy hour on Thursday, December 5 — for details and to RSVP (to this free event with an open bar), click here.
* Even in a post-nuclear world, Republicans can still block certain judicial nominees. [New York Times]
* A prominent Toronto lawyer has gone missing — and so, allegedly, has $3 million in client trust funds. [Toronto Star]
* Dewey see legal fees in the future for Stephen DiCarmine and Joel Sanders? Well, a $37 million lawsuit won’t dismiss itself. [Law360 (sub. req.)]
* Congratulations to Matthew Layton, the new managing partner of Clifford Chance. [The Lawyer]
* And congratulations to Ralph Pellecchio and Jim Wernz, who were married by none other than Justice Ruth Bader Ginsburg — who even helped them write their vows. [Talking Points Memo]
* Sure, let’s have the whole “is now a good time to go to law school?” debate again. [WSJ Law Blog]
* Especially if you’re a minority, since white people are losing interest in law school. [Am Law Daily]
* Congress can’t even get its act together about real guns, so perhaps it’s no surprise that limits on fake guns are set to expire soon. [New York Times]
* Harry Potter was convicted of obstruction of justice. Just because you’re a wizard doesn’t mean you’re above the law. [Daily Utah Chronicle]
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Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so… -
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Biglaw, Fabulosity, Holidays and Seasons, McKool Smith, Parties, Susman Godfrey
Adventures In Law Firm Holiday Party Invites
Have you ever seen law firm holiday party invitations that are this fabulous and fun? -
Arnold & Porter, Bankruptcy, Biglaw, Billable Hours, Career Files, Intellectual Property, Labor / Employment, Law Students, Litigators, Rankings, Reader Polls
The Best Of Hours, The Worst Of Hours: ATL Survey Ratings
According to the ATL Insider Survey, which practice areas and law firms offer the best (and the worst) hours? -
Biglaw, Law Firm Mergers, Partner Issues, Sonnenschein
Another Biglaw Deal Bites The Dust: McKenna No Longer Longs For Dentons
What led the McKenna Long partnership to reject the overtures of Dentons? -
Allen & Overy, Biglaw, Contract Attorneys, Magic Circle, United Kingdom / Great Britain
Biglaw Firm To Farm Out Real Work To Contract Attorneys -- By Associate Request
Don't come complaining to us; after all, you apparently asked for it....
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Biglaw, Job Searches, Money, Partner Issues, Partner Profits, Romance and Dating
A Biglaw Year-End Checklist
What is on your year-end checklist -- financial, professional, and personal? -
Allen & Overy, Biglaw, Contract Attorneys, Disasters / Emergencies, Insurance, Intellectual Property, Jersey Shore, Job Searches, Law School Deans, Law Schools, Magic Circle, Morning Docket, Patents, United Kingdom / Great Britain, Women's Issues
Morning Docket: 11.26.13
* You’d think that when discussing major reforms to the patent system, the director of the USPTO would be there, but you’d be wrong. You’d also be wrong if you thought we had a director right now. [National Law Journal]
* Welcome to the future of Biglaw: Allen & Overy has realized that it’s a waste of money to keep hiring in a weak market, so the firm is recruiting its alumni to serve as contract attorneys in times of higher legal demand. [Legal Week]
* Dean Gregory Maggs, the interim leader of George Washington University Law, is being lauded for increasing first-year enrollment by 22 percent in a time of crisis. Excellent work, sir. You flood that job market. [GW Hatchet]
* Just because you have a law degree doesn’t mean you’re “entitled to rise up and become partner.” Getting a job in the new normal involves having a good attitude and social graces. [WSJ Law Blog]
* Ladies, if you get pregnant after a fling with an Olympic medalist and move out of state, please know your “appropriation of the child while in utero [will be deemed] irresponsible, reprehensible.” [New York Times]
* GTL stands for “Gym, Tan, Laundry,” but the owner of these Jersey Shore nightclubs thinks it stands for “Gym, Tan, Lawsuit” — thanks to losses uncovered by its insurer in the wake of Hurricane Sandy. [Newark Star-Ledger]
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Biglaw, Law Firm Mergers, Partner Issues
Orrick And Pillsbury Call The Whole Thing Off
A once-touted mega-merger ends up falling apart. -
Biglaw, Intellectual Property, Lateral Moves, Litigators, Partner Issues
New Partner Watch (Plus Partner Departures): Weil Gotshal
Who are Weil's nine new partners, and what does their selection say about the direction of the firm? -
Biglaw, In-House Counsel, Partner Issues
Why Exceptions Kill The Rules
Ah, rules -- wouldn't life be easier if they existed? -
Bar Exams, Biglaw, D.C. Circuit, Email Scandals, Law Firm Mergers, Law Schools, Morning Docket, Politics, SCOTUS, Stephen Breyer, Supreme Court
Morning Docket: 11.25.13
* In November, Supreme Court justices engaged in the “totally unnecessary” practice of releasing 41 pages of nondecision opinions. In all fairness, we can’t really blame them for enjoying hearing themselves speak. [National Law Journal]
* These D.C. Circuit judges of differing political viewpoints “disagreed less than 3 percent of the time” over the course of two decades. Please, keep arguing about the court’s “ideological balance.” You’re accomplishing lots. [New York Times]
* With more tie-ups than ever before and another record broken, 2013 is officially the year of full-blown law firm merger mania. Query how many more we’ll be able to add to the already huge list of 78 by the end of December. [Am Law Daily]
* Speaking of which, Baker Hostetler is merging with Woodcock Washburn, an intellectual property firm with a name that sounds like the aftercare instructions for a painful sex toy injury. [Philadelphia Inquirer]
* Of course a fired ADA’s scandalous emails landed on BuzzFeed. This is one more embarrassing chapter in the Brooklyn District Attorney’s Office’s terrible, horrible, no good, very bad year. [New York Times]
* It’s amazing how things can change in a year. In 2012, New York bar pass rates for in-state schools fell. In 2013, they’re up — except for one school, which is way down. Which one? [New York Law Journal]
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Attorney Misconduct, Biglaw, Deaths, Insider Trading, Law Professors, Law Schools, Money, Morning Docket, Patents, Trials
Morning Docket: 11.22.13
* Former U.S. Attorney Neil H. MacBride will be joining Davis Polk as a partner in the firm’s white-collar defense practice. Nice work, DPW — he’s actually kind of cute. Earn back that rep! [DealBook / New York Times]
* Matthew Kluger, most recently of Wilson Sonsini, was disbarred in D.C. following his insider trading conviction. His criminal career apparently began while he was still in law school. Sheesh. [Blog of Legal Times]
* Kent Easter, he of the “I am but a spineless shell of a man” defense, was just on the receiving end of a mistrial. It seems the jury was totally deadlocked. Guess they felt bad for him. [Navelgazing / OC Weekly]
* The Iowa Law Student Bar Association supports the school’s decision to cut out-of-state tuition by about $8,000 because to stand against such a measure would be absolutely ridiculous. Congratulations on not being dumb. [Iowa City Press-Citizen]
* Apple won more than $290 million from Samsung in its patent infringement retrial. Siri, tell me what the fifth-largest jury award in the U.S. was in 2013. OMG, I didn’t say delete all my contacts. [Bloomberg]
* The trial for James Holmes, the shooter in the Aurora, Colorado movie theater massacre, was delayed by a judge until further notice. A hearing has been scheduled to reassess the situation in December. [CNN]
* Myrna S. Raeder, renowned expert on evidence and criminal procedure, RIP. [ABA Journal]