Commenters often complain that we feature too many Biglaw associates in this space — uninspiring young people who’ve drifted through college and law school and are now drones at soulless firms. We’re delighted that this week, Biglaw associates make up only one-third of our couples. Rounding out the field are a soulless-drone partner and a former associate who abandoned Biglaw for the classic refuge of the disillusioned JD: law teaching. Enjoy this foray into the unexpected!

Our couples:

1. Caroline Dougherty and Marc Packer

2. Patricia Wencelblat and Richard Cooper

3. Tania Tetlow and Gordon Stewart

Get the details on these newlyweds and vote for your favorite couple, after the jump.

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.

Yesterday, the Vault rankings were released. It is time to dig into them.

To refresh your memory here are the top five firms according to Vault:

1. Wachtell
2. Cravath
3. Skadden
4. Sullivan & Cromwell
5. Davis Polk

As we noted yesterday, the only change in the top five is Skadden jumping over S&C. Is that fair? A lot of you opined that Skadden’s prestige score was settled before it starting deferring associates. But surprisingly few of you noted that Skadden paid out bonuses that were double what Cravath, S&C, and DPW paid.

Is twice as much bonus money worth one extra spot in the rankings? Vault’s managing editor, Brian Dalton, suggests that Skadden’s bonus carried some weight:

Skadden had a good year, climbing over Sullivan & Cromwell to take the #3 spot. Among other factors, the notion of ‘half-Skadden’ is a potent one, though not quite enough to carry the firm past Cravath. (Mildly ironic in that Cravath’s bonus decision spawned that meme.)

Truly striking is the reach of the Skadden brand: Third in the Boston regional ranking, second in Chicago, and—taking over from Latham—No. 1 in Northern and Southern California. (Vault’s regional rankings are calculated using only the votes of the survey respondents in the particular region.) By contrast, in its hometown of New York City, Skadden places fifth. (These regional rankings are coming soon to the site.)

After the jump, should any of these firms in the top five move over to make room for somebody else?

Summer programs at many firms are shorter this year than last year. That means the summer is over at a lot of places, and summer associates are starting to learn their fates.

So far, there is some surprising news. Summers are getting offers. Many people have reported that their firm has given full, 100% offers to 2009 summer associates. Summers at Sullivan & Cromwell and Davis Polk are just some of the people reporting good news:

Davis Polk & Wardwell and Sullivan & Cromwell have extended offers to all of their summer associates.

Update (12:35): Additional tipsters inform us that Davis Polk has only given 100% offers to the summers that have already left. That is about half of the summer associates. The rest of the SAs leave on Friday, so we’ll see.

We also have received word that Cravath is making 100% offers.

After the jump, let’s look at a few more firms that we believe are making full offers to this year’s summer associates.

The current online front page of the NYT weddings section is worth a click. The head blurb leads with “Despite their differences in age … ” underneath a picture of a 20-something bride embracing a “groom” who appears to be about nine years old. “Differences in age,” indeed. Somebody alert Morality in Media! (Of course, when you click on the link, you learn that the real groom is 40-something. Still yucky, but not illegal.)

Our spotlighted weddings this week feature couples who are well-matched not only in age, but in accomplishments. Here they are:

1. Robyn Maslynsky and Paul Goldschmid

2. Stacy Humes-Schulz and Matthew Frazier

3. Courtney Dankworth and Russell Capone Jr.

Read more about these couples, after the jump.

Back in March, we reported on stealth layoffs at Davis Polk & Wardwell. Stealth layoffs are usually seen as an effort to maintain high attorney utilization rates — and high partner profits. But at genteel, WASPy DPW, long known for its passive-aggressive kinder and gentler firm culture, profits come second to pulchritude.

Everything is beautiful at 450 Lexington — the offices, the stationery, and yes, the attorneys. DPW has long been known for hiring based on beauty as well as brains. So we suspect that their recent stealth layoffs were just an “office beautification” project: lay off the less attractive associates, to increase the average hotness of the remaining lawyers. (Lord only knows what the denizens of the recently closed Frankfurt office looked like.)

A few years ago, we wrote about Davis Polk’s reputation for hiring aesthetically appealing attorneys in the New York Observer:

Bar Belles: According to Rob, a 2L at NYU, one firm that’s in demand this season is Davis Polk & Wardwell. Why? “I’ve heard they have good-looking associates.”

Some things never change. When I interviewed a decade ago, Davis was already known as a bastion of beauty on aesthetically challenged Lexington Avenue. It was the firm of choice for the prom queen and king of my law school class — the editor in chief of the law journal, a luminous doll-like beauty with a vast family fortune, and her Abercrombie-handsome future husband. They were joined at Davis by enough comely Asian females to cast Memoirs of a Geisha.

And hotness matters more at Davis Polk these days, now that their redesigned website features attorney photos (for some, but not all, of the lawyers — perhaps it was an “opt in” regime?). From an observant tipster:

Have you noticed that Davis Polk’s new website has pictures of attorneys? Weren’t they once afraid of stalkers? Glad they’ve gotten over that. Or perhaps their associate corps is simply uglier now.

We think not. If you visit the Davis Polk — er, DavisPolk — website, and surf through the attorney profiles, you’ll still find hotties to spare.

Evidence of hotness, plus additional analysis, after the jump.

We’ll bottom-line this week’s contest, folks: The SCOTUS clerk wins. Yep, after a long absence, LEWW’s favorite credential makes a welcome appearance in the NYT weddings section, and we’ve got the details for you.

But first, congratulations to Sabrina Charles and Jamie Dycus, who readers overwhelmingly voted Legal Eagle Couple of the Month for May, demonstrating that — in the words of one commenter (and apparently, in the minds of ATL readers) — “Wachtell > Sotomayor > Olympic medal.”

Here are our finalists:

1. Kathryn Whitfield and Adam Fotiades

2. Christina Krause and Peter Henderson

3. Pamela Bookman and Jeffrey Perlman

More about these couples, after the jump.

Yesterday, the New York Times published a story about New York Senator Kirsten Gillibrand’s ties to “big tobacco.” As an associate at Davis Polk & Wardwell, Gillibrand — who replaced Hillary Clinton as New York’s junior Senator — represented Phillip Morris.

For most people who understand how law is practiced at the top firms in the country, the interesting part of the NYT article pretty much ends there. As an associate, especially a “superstar” associate as Gillibrand appears to have been, you work for the partners and represent the clients they tell you to represent. It’s really not that complicated.

But since Gillibrand is now a Senator and tobacco is “evil,” neither the Times nor Gillibrand could just leave well enough alone. The Times takes the first shot:

But a review of thousands of documents and interviews with dozens of lawyers and industry experts indicate that Ms. Gillibrand was involved in some of the most sensitive matters related to the defense of the tobacco giant as it confronted pivotal legal battles beginning in the mid-1990s.

Gillibrand was at DPW from 1991 to 2000. And she was really good at it. Wouldn’t one expect that a superstar mid-level would be involved in “sensitive matters” relating to a huge firm client? But hey, the Times reports that Gillibrand is a “former smoker.” Ah-ha. She clearly wants to hand out free cigarettes in elementary school.

But Gillibrand does slightly overplay her hand. We’ll get into it after I take a smoke break.

Last week, we mentioned that it doesn’t look like top Manhattan firms are immune to the layoff bug. Today, we can report some of the things that have been happening at Davis Polk & Wardwell over the past few months.

Stealth layoffs started happening at DPW in December. Corporate associates (notably, associates in Capital Markets, Credit, and M&A) were laid off the way it used to work in Biglaw. Laid off associates were told that their performance was not up to standards and given three months “notice” to find a new job.

That will put people out on the street by the end of this month, unless they have already secured a job by then. How do you think that is going in this market? This tipster neatly summarizes some details we’ve received over the past couple of months:

[T]he people who got hit by the (stealth) layoffs have to work their a**off for the three months, i.e. they bill almost regular hours…. nobody knows how many people will have to leave (at DPW “we” don’t talk about things like that…) but it’s at least a dozen or more in the corporate department alone.

We believe that 20 - 30 attorneys have been laid off from DPW in this manner since December, and we believe that those people only account for New York City cuts.

Remember, DPW suffered a significant drop in profits per partner. AmLaw reported that the firm’s PPP was down 17% in 2008.

The firm responds and tipsters weigh in after the jump.

This won’t come as a galloping shock to anybody, but profits per partner were down at some of the most prestigious firms in the country. AmLaw Daily reported:

All three firms, however, posted declines in profits per partner. Sullivan, which was involved in almost every major bank deal in the industry’s radical makeover last year, suffered the least severe downturn: Net was down 2 percent from 2007, leading to a decline in profits per partner of 3.7 percent to $2.94 million. At Skadden, net profits declined 5.4 percent. Profits per partner were down 9.5 percent to $2.06 million.

Davis Polk’s profitability suffered more severely. The firm’s net declined by almost 13 percent and profits per partner fell 17 percent to $1.90 million. That decline in PPP is one of the steepest so far reported in The Am Law 100. By comparison, profits per partner at Latham dropped 21 percent and PPP at Cadwalader fell 30 percent. Davis Polk has stated publicly that it prepaid some 2009 expenses, such as January rent and associate bonuses, in 2008 in anticipation of a continued downturn. Such payments depressed 2008 profits.

What were those bonus numbers again? Let’s go to the video tape after the jump.

As many people have pointed out, being angry over “only” a $20,000 bonus is something that most of the working world finds appalling. We get it: “spoiled whiners,” “real people are losing their jobs,” “nobody should complain about a six-figure salary,” yada, yada, yada.

But other people have pointed out that most of the working world doesn’t have $150,000 plus in educational debt to pay off before Biglaw lets you out of white-collar indentured servitude. Most associates don’t blow their bonuses on hookers and coke. (Fools!) Sadly, paying off debt is the final destination for most of the bonus cash.

So, in a way, law schools always take your bonus — at least a significant chunk of it. But maybe this year those schools got an additional tap into your bonus cash. Last week Harvard Law school released its 2007-2008 Report of Gifts. According to a tipster (I didn’t receive the report personally because I try to stay off the HLS grid; it has a lot to do with my hooker/coke/debt decisions), Half-Skadden and Skadden-Mart donated quite a lot to HLS. The report lists those two firms in the $1 million to $3 million range.

Putting some figures together, after the jump.

Another law firm informed associates that their hard work was worth half of what it was a year ago. Davis Polk & Wardwell is the latest firm to announce Half-Skadden bonuses.

The official DPW bonus structure is as follows:

Class of 2008: $17,500 (prorated)

Class of 2007: $17,500

Class of 2006: $20,000

Class of 2005: $22,500

Class of 2004: $25,000

Class of 2003: $27,500

Class of 2002: $30,000

Class of 2001 and senior $32,500

So much for elite law firms paying their associates at the top of the market. Instead, Cravath has succeeded in opening the door to the “thank you sir, may I have another” theory of associate retention and company morale.

It could be worse. These guys are are still getting a bigger bonus than law students who interviewed with Skadden this year. Yay seniority!

What is particularly annoying about the DPW memo is that they act like they are meeting the market with these bonuses, as if Skadden doesn’t even exist.

We are pleased to announce that associates in good standing will receive a bonus payment as outlined below. …

We thank all our associates for their diligent and skillful efforts as we support our clients in this challenging economic environment.

“Pleased to announce.” Not “horribly embarrassed that we are slavishly short-changing our associates because Daddy-Cravath said it was okay.”

Read the full memo after the jump.

LEWW had planned to bring you a dishy red-carpet post on last night’s Federalist Society bash, but it turned out that the festivities ended early and very un-festively.

We’re relieved to hear that Attorney General Mukasey appears to have made a speedy recovery and is already back at work. Given this good news, we think it’s appropriate to lighten the mood around here with some news from the weddings page.

Behold, this week’s couples:

1. Catherine Casteel and Peter Olasky

2. Rebecca Brogan and Tyler Morse

3. Emily Lawson and Tom Amis

Read our expert analysis of these couples’ pedigrees, after the jump.

We mentioned yesterday that Simpson Thacher has been chosen to advise the government on the massive $700 billion bailout plan. They were chosen on Friday and are already racking up billable hours on it.

Six other firms were approached by the Treasury, but only two expressed interest. Zach Lowe at the American Lawyer reports:

Cleary Gottlieb Steen & Hamilton confirmed Tuesday that it was one of the six firms the Treasury Department considered as candidates for a role as lead adviser on the $700 billion bailout plan.

Only two of those six firms pursued the work that eventually went to Simpson Thacher & Bartlett.

Four of the six law firms have confirmed that the Treasury reached out to them: Simpson, Cleary, Davis, Polk & Wardwell, and Wachtell, Lipton, Rosen & Katz. The two others, including the firm the Treasury turned down, remain unidentified. Two of the most likely candidates — Sullivan & Cromwell and Latham & Watkins — would not comment on the matter. A third, Shearman & Sterling, has not responded to messages.

Lowe tracked down a lawyer at one of the firms that rebuffed the Treasury. The lawyer admitted it was “prime work,” but that they feared not being able to represent “regular clients on the program.” In the cost-benefit analysis, the potential billable hours to financial services companies clamoring for bailout money must outweigh the government possibilities.

But Simpson Thacher is not sweating it:

Richard Beattie, chairman of Simpson Thacher, says the Treasury did not put any pressure on the firm to drop clients and that the firm is not concerned about losing business.

“They did not say that,” Beattie says. “It’s ridiculous. We represent JPMorgan Chase and would not give up a client like that.”

AmLaw reports that Simpson’s other financial clients include Washington Mutual (now part of JPMorgan Chase), Lehman Brothers, and AIG. Given that list, we can see why the government is the more attractive client at the moment.

Cleary Confirms It Rejected Lead Adviser Role on Federal Bailout Plan [American Lawyer]
Simpson Thacher Wins Treasury Sweepstakes, Four Firms Decline [American Lawyer]

We’ve been providing extensive coverage of the unfolding financial crisis (as have our colleagues at our sister site, Dealbreaker). In several recent posts — see, e.g., here and here — we’ve discussed the Biglaw winners and losers with respect to the Wall Street meltdown.

One evident winner: Davis Polk & Wardwell. Several DPW sources forwarded us an email that was circulated yesterday, trumpeting how busy the firm is these days and how many engagements it has landed arising out of what the memo calls “recent financial markets matters” (aka “the late unpleasantness”).

One Davis tipster writes:

[This email] went out to all lawyers. I suppose it’s their way of saying things are pretty great at the firm. Let’s hope bonus season will confirm this view!

The supposedly internal memo reads a bit like a press release. It was sent out not by a partner but by Kevin Cavanaugh, the firm’s director of business development.

We suspect that the memo is a bit of “blog bait” from Davis Polk. Naturally, we’re happy to take it.

Check out the full memo, after the jump.

For the commenters who yearn to see more “ordinary” couples in the Legal Eagle Wedding Watch, we commend this pair to your attention. The groom is a radio personality, and the bride has a JD from Loyola. They seem likable and … ordinary. Is this the type of couple our readership craves? Should we devote one slot a week to a Tier-II couple? Designate one column a month as Ordinary Week? Please advise. (This is actually a serious question. LEWW recognizes that we can’t satisfy everyone, but we do aim to please.)

For now, we’ll to continue to celebrate the extraordinary. Our finalist couples have degrees from Harvard, Yale, NYU, Chicago, and other elite schools, some with athletic programs. All three brides toil in Manhattan law firms, and all three grooms serve humanity in important-sounding public-sector jobs. Here they are:

1. Jessica Buturla and Caswell Holloway IV

2. Sarah McDonald and Patrick Egan

3. Johanna Greenbaum and David Newman

More on the couples below, including photos.

Wachtell may be the most prestigious firm out there (according to Vault), but it has the industry’s worst Web site, as rated by Jonathan Thrope of the American Lawyer. We’re not completely sure we trust his judgment though, since he was “sucked in” by Womble Carlyle Sandridge & Rice’s animated dog. We waited for it to do something cool, but it just stretched and yawned.

According to Thrope, law firms are getting more serious about online marketing and using Web sites to create a distinctive brand. In general, law firm sites strike us as fairly dry. And boring. There are a few exceptions, like the Van Winkle Law Firm’s split personality bio page. North Carolina-based Van Winkle adds a personal touch to its site with dual bios (and photos) for many of its attorneys: one with professional highlights, and another focused on hobbies and life outside of work.

Other firms experiment with offbeat advertising, but seem to be using it to recruit attorneys, not clients. Like Curtis, Mallet-Prevost, Colt & Mosle’s creation of a Facebook page, and Stoel Rives’ free-style running promo on YouTube.

Of the assortment of staid sites in the AmLaw 100, five made Thrope’s cut for the worst. Check them out after the jump.

Jingoistic competition is fun, but why should handing out medals be the sole province of the IOC? Athletes and David Rivkin should not be the only ones getting a taste of Olympic glory.

Here at ATL, we’ve put law firms on the (imaginary) field of competition and are now ready to reveal the gold medal winners in a number of sports.

After the jump, see the winners, and weigh in on which firms would be champions in sports we did not pick for prime time.

As reported last week, the Vault 2009 law firm rankings are out. You can find Vault’s ranking of the top 100 most prestigious firms here.

As observed by one astute commenter, “the prestige rankings will tell you nothing about the quality of your work experience.” In order to address this, we are relaunching a popular feature from last year: a series of open threads on the Vault 100 firms, organized in batches of five, to allow for comparative discussion (and gossip) about perks, hours, recruiting standards, firm life, etc.

We’re starting with the top five firms — and experiencing a bit of déjà vu, since the list is identical to last year’s (although the prestige scores, indicated parenthetically, have changed a little):

1. Wachtell, Lipton, Rosen & Katz (8.777)
2. Cravath, Swaine & Moore LLP (8.732)
3. Sullivan & Cromwell LLP (8.257)
4. Skadden, Arps, Slate, Meagher & Flom LLP (8.135)
5. Davis Polk & Wardwell (8.070)

Cravath is closer than last year to passing Wachtell in the rankings. Perhaps the bedbugs prevented CSM from retaking the top position, which it held back in the 2003 rankings. We’re amused that Vault lists this as a Cravath “notable perk”: “Grinds associates into a fine, self-important powder.”

Please discuss and compare the top five. More threads to come.

The Top 100 Most Prestigious Law Firms [Vault]

Earlier: Rejoice: The 2009 Vault Rankings Are Out!, Fall Recruiting Open Thread: Vault 1-5 (2008 edition) and Fall Recruiting Open Thread: Vault 96-100 (2008 edition — with links to all of last year’s posts).

We interrupt the spirited smackdown of ATL Idol to bring you a couple of LEWW-related announcements. First, as expected, Team Ho-Glover scored a decisive win in June’s Couple of the Month voting. LEWW salutes this glorious SCOTUS - WGWAG - Friend-of-Lat juggernaut!

In other news, two notable grooms didn’t make our list of finalists this week. The first is Lee Bollinger, son of current Columbia University president (and former University of Michigan president) Lee Bollinger. And the second is Paul Lieberstein, who looks a lot like that guy who plays Toby in The Office. Because he is that guy.

On to this week’s contestants:

1. Sue-Yun Ahn and Charles Kitcher

2. Jennifer Hare and Jaron Shipp

3. Gena Hatcher and David Lenzi

4. Athena Theodoro and Daniel Adamson

Click on the link below to read more about these impressive legal matches.