Fabulosity

Who had a ball this summer?

It’s August. The dog days. The beginning of the end of the summer. Summer associate programs at Biglaw firms are starting to wrap up. So it’s time for us to seek submissions for the best summer associate event of the season.

Biglaw summer programs are smaller and less opulent than they used to be. But they’re not as bad as they were during the darkest days of the recession. Summer associates are getting offers. And having lesbian sex. It’s not all bad.

There have to be some summer events worth nominating this year. Hell, at this point we’d settle for a summer event that didn’t require medical attention after it finished….

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We’ve mentioned this before, but it definitely bears repeating: fashion law is a fast-growing specialty practice area, a place where IP and corporate junkies alike can spread their wings and fly while taking a tour of the wonderful world of haute couture law. Thinking about joining the party?

If you’d like some additional details on this $250 billion dollar industry before becoming an insider in this stylish subset of law, check out our handy-dandy Infographic of the Day….

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Have you ever visited a political campaign website that greets you with the dulcet tones of “I’m sexy and I know it?”

Well, now you have. You can die in peace.

Candidate Mindy Meyer — slogan “I’m Senator and I Know It,” in diamond bedazzling — is running for New York State Senate, on both the Republican and Conservative Party lines. Meyer is a former judicial intern for the Honorable Judge Rivera in the Kings County Supreme Court and currently attends the Touro College Jacob D. Fuchsberg Law Center in Central Islip, New York. If elected, she pledges to transfer to Albany to continue her studies. Fair enough. It’s not like the New York legislature does enough work to interfere with a full-time law school credit load….

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There are many ways that lawyers can advertise their services to the general public, such as television commercials and print ads in the telephone book. But entertaining lawyer billboards are a favorite of ours; they have generated excellent material for some of Above the Law’s own caption contests.

Apparently they’re also great fodder for marriage proposals, as one Texan proved this past weekend….

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In recent months, we’ve covered quite a few stories about attorneys from Texas with a certain je ne sais quoi — we’ll call it “flair.” Today, we’ve got some positive news from the Lone Star State, straight out of Texas Tech University School of Law, an institution known for “keepin’ it real.”

Although the school is ranked at No. 101 by U.S. News, just on the cusp of the traditional second and third tier, a tipster notes that “one tiara is better than any tier.” In exciting news, over the weekend, a beautiful rising 3L at Texas Tech Law was crowned as the new Miss Texas 2012.

We know, we know: pics or it didn’t happen.

We aim to please, so of course we’ve got the pictures — yes, the pageant included a swimsuit competition — as well as an interview with this law student turned beauty queen.

Let’s check out the new Miss Texas 2012, shall we?

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Welcome to your new home PTO!

Did you know that for years, the U.S. Patent and Trademark has operated almost entirely out of one location in northern Virginia? Kind of odd, seeing as out in California we’ve got that whole Silicon Valley thing going on. And Virginia is kind of far away.

But, no longer. The PTO announced that it is opening several new offices across the country. Can you guess where?

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Contrary to popular belief, many lawyers who toil in Biglaw actually enjoy what they do. This is especially true of partners (as opposed to associates who just pass through on their way to in-house or government opportunities). Some partners enjoy their work so much that they’d do it for free — or at least for much less than the millions they typically receive.

Of course, even if you find fulfillment in the work you do as a law firm partner, you can’t deny that the other benefits are nice. Being a Biglaw partner certainly allows you to provide an upscale lifestyle for your family. And it might permit you to enjoy an early retirement for yourself.

When you earn millions of dollars a year in partner profits, with lucrative retirement benefits on top of that (assuming your firm doesn’t do a Dewey), you don’t need to work until you’re 65 or 70. Instead, you can get an early start on your golden years, pursuing all of the hobbies and interests that you never had the chance to explore while billing 2000-plus hours a year.

That’s exactly what a retired Skadden corporate partner, James Freund, has been doing. Freund, who is now 77, retired from SASMF back in 1996, around the age of 61 (a little early, but not hugely so).

A few years ago, Freund scaled back his lifestyle. He traded in his $5 million townhouse for an apartment — one that cost a mere $3 million. Being a retired Skadden M&A partner is a tough life, but somebody’s got to live it….

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While we wait for the Supreme Court to rule on the Patient Protection and Affordable Care Act (aka Obamacare) — by the way, live audio or video coverage would be nice — let’s pick up where we left off yesterday, with coverage of the latest Supreme Court clerk hiring.

We’ll start with some analysis of the October Term 2012 law clerks, now that we know who they are, and then show you the updated law clerk lists for OT 2012 and OT 2013….

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It seems that Supreme Court clerks are having a moment right now. They’ve made the pages of New York Magazine. They’re getting profiled by Thomson Reuters. They’re being nominated for ambassadorships (before even hitting age 40). They’re the subject of a new book edited by Todd Peppers and Artemus Ward, In Chambers: Stories of Supreme Court Law Clerks and Their Justices (affiliate link; I have a review copy and am looking forward to reading it).

And why are SCOTUS clerks in the limelight? One reason is that they are privy to some serious secrets. The entire nation is eagerly anticipating the Obamacare decision — and they know how it’s going to come out.

No wonder a “no guests” policy has been instituted at the SCOTUS clerk happy hours. The pressure to keep the Obamacare secret — but also to spill it! — must be mind-blowing.

Some of the current clerks are married; do you think they’ve been able to resist telling their spouses? If a clerk goes out for drinks with friends and gets a little tipsy, might he spill the beans? If a clerk has brunch with her parents on Sunday for Father’s Day, and Dad speculates about how the case will come out, could the clerk’s telling facial expression reveal the ruling? [FN1]

If I were one of the Elect this Term, I’d never leave my apartment except to go to work, and I’d set my email auto-reply and voicemail greetings to say the following: “Please be advised that I will be completely unavailable — for in-person meetings, telephone conversations, or any other type of contact — until June 25, 2012. Thank you for your understanding.”

This brings us to today’s topic: the latest news in Supreme Court clerk hiring. Which lucky (and brilliant) young lawyers will find themselves at One First Street for October Term 2012?

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It must be tough to leave an apartment like this one, with great views of Central Park, to go work in a drab federal office building.

Being a federal prosecutor is an amazing legal job, but it doesn’t pay particularly well. When I worked in the U.S. Attorney’s Office, I earned well under six figures. An assistant U.S. attorney can break the $100,000 mark after a sufficient number of years in practice, but AUSAs generally don’t earn Biglaw money.

(People who work as special AUSAs on secondment from better-paying parts of the federal government, such as Main Justice or the SEC, earn significantly more than regular AUSAs on the “AD” — Administratively Determined, aka Awfully Depressing — pay scale. But even these SAUSAs, not to be confused with the completely unpaid SAUSAs, make less than they would in comparable private practice positions.)

This brings us to the question du jour: how can a federal prosecutor afford to live in an apartment that is worth more than twice as much as the most expensive lawyer home in Washington, D.C.? We’re talking about a $25 million apartment on Manhattan’s Upper East Side, in one of Fifth Avenue’s finest prewar buildings, with amazing views of Central Park.

Come up with some guesses, then keep reading….

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