Biglaw
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Airplanes / Aviation, Antitrust, Antonin Scalia, Attorney Misconduct, Bankruptcy, Bernie Madoff, Biglaw, Department of Justice, Dewey & LeBoeuf, Legal Ethics, Mergers and Acquisitions, Money, Morning Docket, Partner Issues, Politics, SCOTUS, Sonia Sotomayor, Supreme Court
Morning Docket: 02.14.13
* She loves me, she loves me not: media darling Sonia Sotomayor used to be in favor of the use of cameras during Supreme Court arguments, but she’s done a complete about-face on the issue, just like Justice Elena Kagan before her. [National Law Journal]
* Everyone and their mother knows what Antonin Scalia thinks of the State of the Union address, but let’s find out what my colleague Elie Mystal thinks about the good justice’s antics — namely, Scalia’s non-attendance for the past sixteen years. [HuffPost Live]
* American Airlines and US Airways will be merging to create the largest (and most awful) airline in the country. Perhaps the DOJ’s antitrust division can save us from this parade of horribles. [DealBook / New York Times]
* It looks like Team Togut is going to have a crappy Valentine’s Day. They thought that their partner problems were all wrapped up, but according to these filings, it seems that they’ve only just begun. [Am Law Daily]
* If Irving Picard, the trustee in charge of the Bernie Madoff bankruptcy case, is able to get his way, money will soon be raining upon the victims of the massive Ponzi scheme at warp speed. [WSJ Law Blog (sub. req.)]
* This probably isn’t just a “distraction” or “silly sideshow” anymore, because Apple now says it will be fighting Greenlight’s attempt to block the tech company from restricting its issuance of preferred stock. [Bloomberg]
* Instragram has asked a federal court to toss a lawsuit over changes to the photo-sharing app’s terms of service because it contests that users still own the rights to all of their fugly Walden-filtered pictures. [Reuters]
* Remember Kenneth Kratz, the former Wisconsin prosecutor who referred to himself as “the prize”? He’s settled his sexting suit with Stephanie Van Groll, also known as the “hot nymph.” [Twin Cities Pioneer Press]
* Go to grad school at Lehigh for free: check. Sue for $1.3M over your C+: check. Get chastised by a judge over your ridiculous lawsuit: check. Whatever, we still beat Duke, and that’s really all that matters. [Morning Call]
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Associate Bonus Watch 2012, Biglaw, Bonuses, Money, Partner Issues
Associate Bonus (and New Partner) Watch: Morrison & Foerster
Opinion is divided on bonuses at MoFo. Which side has the better of the argument? - Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get… -
2nd Circuit, 9th Circuit, Akin Gump, American Bar Association / ABA, Bankruptcy, Biglaw, David Boies, Dewey & LeBoeuf, Drinking, DUI / DWI, Education / Schools, Edwards Wildman, Fast Food, Food, Law Professors, Law School Deans, Minority Issues, Morning Docket, Nauseating Things, SCOTUS, Supreme Court, Ted Olson
Morning Docket: 02.13.13
* Six Supreme Court justices attended last night’s State of the Union address, and although it was all hugs and kisses and handshakes to start off with, some looked as if they were due for naptime by its end (coughRBGcough). [Blog of Legal Times]
* It’s a clash of the Biglaw titans! In a face off between legal heavyweights, the Second Circuit has set aside time to hear arguments from Ted Olson and David Boies in the Argentine bondholder case. [Thomson Reuters News & Insight]
* Dewey know if this document specialist’s Worker Adjustment and Retraining Notification Act lawsuit has got any legs to it? It certainly must, because Judge Martin Glenn very recently denied the failed firm’s motion to dismiss it. [Am Law Daily]
* Congratulations to Paulette Brown of Edwards Wildman Palmer. This Jersey girl is the uncontested nominee for ABA president in 2015, making her the first minority woman to hold the title. [New Jersey Law Journal]
* Send in the clowns (or loads of O’Melveny and Akin lawyers): Apple’s CEO, Tim Cook, has a low opinion of David Einhorn’s Greenlight Capital lawsuit, referring to it as nothing more than a “silly sideshow.” [Reuters]
* “It is up to us in the academy to prepare our students for the future no matter what it holds.” Dean Frank Wu of UC Hastings seems to be on the right track when it comes to necessary law firm reforms. [Huffington Post]
* Poor, poor Teresa Wagner. She was allegedly denied a job because of her conservative views, and her case ended in a mistrial. That kind of a thing could drive a woman to drink… and drive. [Iowa City Press Citizen]
* Not only does Lehigh University ruin every college basketball bracket in the nation, but it also provides great “I’m suing you because of my crappy grades” fodder. Oh my God, I really miss you, Lehigh! [Morning Call]
* Thanks to the wisdom of the Ninth Circuit, we now know that, at least in Washington, a spit-laden hamburger from Burger King is grounds for emotional distress damages. Ugh, that’s nasty! [WSJ Law Blog (sub. req.)]
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Associate Bonus Watch 2012, Associate Salaries, Biglaw, Bonuses, Money
Associate Bonus Watch: Bingham McCutchen
How are bonuses looking at Bingham this year? No huge surprises.... -
Biglaw, Fabulosity, Federal Government, Legal Ethics, Litigators, Litigatrix, Mary Jo White, Money, Partner Issues, Partner Profits, Securities and Exchange Commission, Securities Law, Wall Street
Just How Rich Is Mary Jo White, Debevoise Partner and Likely Future SEC Chair?
She's a longtime Debevoise partner, and she's married to a longtime Cravath partner. Let's take a look at their financial disclosures. -
Biglaw, Lateral Moves, Lawyerly Lairs, Partner Issues, Real Estate
Buying In: Biglaw Real Estate
Location, location, location: in the world of Biglaw, where you sit matters. Anonymous Partner explains how. -
Akin Gump, Biglaw, Confirmations, Copyright, Gender, Jed Rakoff, Law Professors, LexisNexis / Lexis-Nexis, Morning Docket, Partner Issues, Securities and Exchange Commission, State Judges, Westlaw
Morning Docket: 02.12.13
* This guy could teach a master class in how to stand by your (wo)man. Mary Jo White’s husband, John White, will relinquish his equity partner status at Cravath upon her confirmation as the head of the Securities and Exchange Commission. [Am Law Daily]
* Macho, macho man: it looks like we’ll never know if Dechert actually has a “macho culture,” because the FMLA and paternity leave case that questioned the very existence of this Biglaw subculture was settled out of court. [National Law Journal]
* Why you gotta go and ruin Valentine’s Day for everyone at O’Melveny and Akin Gump? Apple’s request to speed up the Greenlight Capital case was approved, with arguments now scheduled for February 19. [CNET]
* Despite her nomination being crapped on by the Senate, Jenny Rivera, the CUNY School of Law professor, was recently confirmed as an associate judge of the New York Court of Appeals. [New York Law Journal]
* Remember the lawyer who sued Westlaw and Lexis for copyright infringement? Judge Jef Rakoff dismissed it for reasons yet to be disclosed, but probably for legal dumbassery. [Thomson Reuters News & Insight]
* “Behold, the instrument of your liberation!” Survivors of the Aurora movie massacre are being harassed by conspiracy theorists, and the DA asked the judge to scrub their names from the record. [Courthouse News]
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Biglaw, Job Searches, NALP, National Association for Law Placement (NALP), Summer Associates
Summer Associate Hiring Numbers Remain Anemic in 2012
The latest NALP numbers for summer associate hiring in Biglaw are slightly depressing. How bad are they? - Sponsored
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… -
Bankruptcy, Biglaw, Bonuses, Dewey & LeBoeuf, Money, Partner Issues
Dewey Honor Associate Bonuses or Retired Partners' Claims? Not So Much.
As the Dewey bankruptcy case grinds toward an end, former associates find themselves getting shafted on bonuses. -
Biglaw, General Counsel, In-House Counsel, Job Searches, Partner Issues
Inside Straight: A General Counsel's Return To Private Practice
Why might a general counsel leave his or her position to return to private practice? Here are a few possible reasons. -
Bankruptcy, Biglaw, Career Alternatives, Crime, Department of Justice, Dewey & LeBoeuf, Gay, Gay Marriage, Law Schools, Money, Morning Docket, Partner Issues, Tax Law
Morning Docket: 02.11.13
* “You just sit there, looking stupid.” The justices of the Supreme Court aren’t required to show up and look like “potted plants” at the State of the Union address, but some of them do every year. [CNN]
* Well, thanks to the DOJ’s fraud lawsuit filed against ratings agency Standard & Poor’s, it’s starting to look a lot like a litigation gang bang up in here as far as the states are concerned. [Bloomberg]
* Dewey know whether D&L’s retirees are still kicking (legally speaking) or if they’ve decided to send their claims to hospice? We certainly do, and we’ll have more on this later. [Am Law Daily]
* That “death and taxes” thing may be true, but when you’re trying to navigate the U.S. tax code as a married same-sex couple and the government won’t even recognize your union, there’s an uncomfortable air of uncertainty. [New York Times]
* “Have we seceded already? The execution is faster than I thought.” Guess which state in the Deep South accidentally raised a Confederate battle flag over the building that houses its Supreme Court. [Clarion-Ledger]
* Mama said knock you out: if you’re trying to figure out how to get a job after graduating from New England Law School, moonlighting as a champion boxer will help you beat down the competition. [Boston Herald]
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Biglaw, Citigroup, Dewey & LeBoeuf, Money, Partner Issues, Partner Profits, Videos, YouTube
How Did Biglaw Do in 2012? The Bankers Speak
Not too shabbily. But problems could arise in 2013.... -
Art, Asians, Bar Exams, Biglaw, California, Dewey & LeBoeuf, Federal Circuit, Federal Judges, Football, Gay, Howrey LLP, Law Schools, Money, Morning Docket
Morning Docket: 02.08.13
* President Barack Obama recently nominated two attorneys for the Federal Circuit who are being referred to as “noteworthy” because of their ethnicity (Asian American) and sexual orientation (openly gay). Let’s hear three cheers for diversity! [Blog of Legal Times]
* Dewey & LeBoeuf and Howrey have something in common aside from going down in a gigantic ball of flames that rocked Biglaw as we know it. Both firms’ fine art collections will soon be auctioned off by Adam A. Weschler & Son Inc. [WSJ Law Blog (sub. req.)]
* There’s nothing like acting like the product you’re selling: MGA, the maker of Bratz dolls, would like to have Orrick’s $23 million arbitration award vacated because paying your legal bills is so passé. [The Recorder]
* We briefly noted California’s new bar passage mandate for state-accredited schools here, but now a law school is suing over it, claiming the bar examiners are “waging a vendetta” against it. [National Law Journal]
* The NCAA wants to get Pennsylvania Governor Tom Corbett’s suit over PSU’s Sandusky-related penalties tossed, with a harsh reminder that hurt feelings have absolutely nothing to do with antitrust law. [Bloomberg]
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Legal AI: 3 Steps Law Firms Should Take Now
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Biglaw, Boutique Law Firms, Small Law Firms
From Biglaw to Boutique: Never Satisfied
If you're a lawyer who's never satisfied, don't worry -- according to Tom Wallerstein, it's not as much of a character flaw as you may think. -
Adoption, Alston & Bird, Arnold & Porter, Biglaw, Gay, Gay Marriage, Health Care / Medicine, Insurance, Money, Perks / Fringe Benefits, Tax Law
Biglaw Perk Watch: Adoption Benefits(Plus an update on the gay gross-up.)
Which major law firms offer benefits that cover adoption and/or surrogacy costs? Plus an update on the gay gross-up (aka "tax equalization for same-sex health benefits"). -
Biglaw, Constitutional Law, Department of Justice, Keker & Van Nest, Lateral Moves, Law Schools, Money, Morning Docket, Partner Issues, SCOTUS, Sonia Sotomayor, Supreme Court, Women's Issues
Morning Docket: 02.07.13
* “But Daddddddd!!!” Sorry, HealthBridge, but sometimes mom’s word is the law. After RBG slapped down a request to review the constitutionality of Obama’s recess appointments, the rest of the Supreme Court told Scalia to STFU. [Blog of Legal Times]
* “The very idea that she would be headlining a Pepsi event is shocking.” Are Justice Sonia Sotomayor’s days as a judicial darling coming to an end? After attending this event for Yale Law women in April, they may be numbered. [New York Times]
* And you thought they were “Burning Down the House” before! Standard & Poor’s has hired talented trial attorney John Keker of Keker & Van Nest to represent the ratings agency in the DOJ’s $5 billion suit. [Reuters]
* Talk about a soft landing: David Kappos, the former director of the United States Patent and Trademark Office, was picked up by Cravath. He’s only the fourth lateral partner the firm’s hired in 50 years. [Am Law Daily]
* Hilarie Bass of Greenberg Traurig is one of the most powerful women in Biglaw. In consideration of that $200M suit, the firm is now shifting to a “boys and one girl club” model. [Daily Business Review (sub. req.)]
* “Axiom simply does it better, faster and cheaper.” The innovative legal services company manned by Biglaw refugees celebrated its thirteenth anniversary with a bang — $28 million in funding. [WSJ Law Blog (sub. req.)]
* Oh noooo! We’re a public school and we don’t have enough students to fill the seats! Let’s raise tuition by six percent, then charge everyone the new in-state price, and pretend like it’s a favor. Yay! [National Law Journal]
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Barack Obama, Biglaw, Celebrities, Contracts, Donald Trump, Quote of the Day, Twittering
Quote of the Day: Trump's Lawyers May Be 'FIRED!' Over This
"You're FIRED!" Those are probably words that Donald Trump's lawyers will soon hear after they lose this absurd case. -
Ask the Experts, Biglaw, Books, Movies, Partner Issues
The ATL Interrogatories: 10 Questions with Peter Kalis of K&L Gates
K&L Gates managing partner Peter Kalis shares insights and experiences about the legal profession and careers in law, as well as about himself. -
Biglaw, Money, Partner Issues, Trusts and Estates
Debevoise Ditches Its Trusts and Estates Practice
What prompted this move? And what will happen to the associates? -
Biglaw, Screw-Ups
DLA Piper Literally Doesn't Know What Countries Some Of Their Offices Are In
DLA Piper has so many offices that the firm don't even know where all of them are located...