When videos go viral online, sometimes law students decide to let their freak flags fly and have some fun on film. Such is the case with the recent Harlem Shake phenomenon. If you’ve ever seen our Law Revue Video Contest, these videos are kind of like that, only shorter (and seemingly taped while all of the participants are tweaking out of their minds).
Don’t know what the Harlem Shake is? You’re about to find out….
Mary Jo White? More like Mary Jo Green. President Obama’s pick to lead the Securities and Exchange Commission is deliciously rich, as revealed in her financial disclosures.
Although she’s barely five feet tall, making her a little litigatrix, Mary Jo White wears big shoes. In the words of my colleague Elie Mystal, a former Debevoise & Plimpton associate, she’s “one of those alpha dog partners…. the kind of partner that makes other partners stammer, shuffle papers, and try to look really busy and intelligent when she’s in the room.”
The sizable net worth of Mary Jo White shouldn’t surprise anyone. Not only is she a longtime Debevoise partner, but her husband, John W. White, has been a partner at Cravath, Swaine & Moore for more than 25 years (interrupted from 2006 through 2008 by a stint at the SEC, actually, where he served as Director of the Division of Corporation Finance).
Justice Sotomayor can be seen everywhere — from First Street to U Street to Sesame Street.
I had the pleasure and honor of meeting then-Judge Sonia Sotomayor, at the time a member of the U.S. Court of Appeals for the Second Circuit, at a friend’s wedding in the spring of 2005. I wrote a quick story about it for my first blog, Underneath Their Robes. I praised Her Honor as “striking,” “glamorous,” and stylishly attired: “Based on her fashion sense, it sounds like she’d be more at home on a Paris runway!”
But what really struck me about Judge Sotomayor was how friendly and down-to-earth she was. She chatted amiably with everyone, just like an ordinary guest; she put on no Article III airs. And when the time came to cut the rug, she and Judge Barbara Jones — then of the S.D.N.Y., now of Zuckerman Spaeder — dominated the ballroom like it was their courtroom.
Now the rest of the nation is seeing the Sonia Sotomayor that I briefly glimpsed almost eight year ago. As reflected in recent media coverage, the Wise Latina is truly America’s judicial sweetheart. And super-nice to the neighbors in her U Street condo building — who have all sorts of fun dish on the justice….
Behind the blue door lies a world of great beauty.
You’d expect a top mergers-and-acquisitions lawyer to have excellent business sense. So it shouldn’t be surprising to learn that an M&A partner at a leading law firm bought a Manhattan townhouse for $837,000 that is now probably worth more than $7 million.
It’s a gorgeous home, very tastefully decorated (which can’t be said of all our Lawyerly Lairs). Let’s see some pictures and learn more about it, including the identities of the owners….
Renowned diplomat Richard Holbrooke, who came very close to becoming Secretary of State, passed away in December 2010. His wife, noted journalist Kati Marton, recently sold the magnificent apartment they shared at the Beresford, the legendary prewar co-op on Manhattan’s Upper West Side.
Over the years, as noted in the building’s Wikipedia entry, the Beresford has been called home by such celebrities as “comedian Jerry Seinfeld, singer Diana Ross, tennis player John McEnroe, Citigroup CEO Vikram Pandit, actor Tony Randall, and musician Laura Nyro.” (I was going to say that Nyro’s publicist must be a Wikipedia admin, but it seems that Nyro passed away back in 1997.)
UPDATE (1/16/2013, 11:45 AM): We just heard from a longtime Beresford resident who advises us that Diana Ross never lived in the building (although the Diana Ross Playground is across the street).
Now the Beresford will be graced by a former Biglaw partner, who bought Holbrooke’s home for an eight-figure sum. Sharing an elevator with Jerry Seinfeld will be….
A few months ago, we wrote a story about the $160K-Plus Club: those law firms that pay their first-year associates more than $160,000 a year, the going rate within Biglaw. Earlier this week, we covered which cities give young lawyers the biggest bang for their buck — i.e., cities where the buying power of the median salary for that city is the greatest.
Let’s mash up these two stories. Today we bring you news of a law firm that (1) pays a starting salary of more than $160,000 and (2) is based in a city that’s in the top ten for buying power. Associates at this firm are — by our calculations, based on the NALP Buying Power Index — living as well as someone earning $414,000 in New York City. That’s a staggering sum for a first-year associate.
So which firm are we talking about? And are they hiring?
Who wouldn’t want to party with us? Like we told you earlier this week, we’re ready to celebrate the new year with all of our loyal readers, and as anyone in the legal profession can attest to, the best way to do that is with the assistance of our favorite social lubricant: alcohol!
The Above the Law New Year’s party will be held on Wednesday, January 16, at a secret location in NYC to be disclosed later. This year’s bonus might’ve made you feel small compared to the salad days of Biglaw, but trust me, getting an invite to this private party is sure to make you feel like a real VIP. As always, at our parties, you’ll get all the juicy gossip and backstory that was too salacious to print.
Be prepared to have some fun times with all of your favorite Above the Law editors — you can bask in Lat’s prestige, look at Elie’s cute baby pictures, and watch me act out some of your favorite scenes from ATL’s very own commentariat fanfic stories. THEY IT IS! Say hello to some of our columnists — who knows, maybe Tannebaum will show up to call you a moron! And most importantly, don’t forget to enjoy our open bar!
Please keep in mind that you must sign up to be placed on our exclusive guest list. We’ll let you know if you make the cut and provide details on the venue via email. Good luck, and we hope to see you there!
P.S. When you RSVP, it’s going to look like you haven’t, but I promise, you have. It’s just a little glitch we put in so you have some plausible deniability if someone who’s uncool asks if you’ve RSVP’d to our party yet.
Few people are happier about the world’s surviving the Mayan Apocalypse than new partners at top law firms. Can you imagine slaving away in Biglaw for almost (or even over) a decade, finally winning election to the partnership in late 2012, and then having the world end before your hard-won partner status took effect?
Fortunately that didn’t happen. Heck, we didn’t even go over the fiscal cliff. But some people will have to pay higher taxes this year (and for many years to come).
Like these people: the talented and hardworking lawyers who, as of January 1, 2013, became partners of their respective law firms. Let’s find out who they are, so we can congratulate them….
The eight finalists in this year’s law firm holiday card contest were very well-received by our readers. In fact, more than a thousand votes were cast, and many firms took to Twitter and intra-office message boards in an attempt to rally last minute votes.
(FYI: We continue to receive submissions for this contest, despite the fact that the entry deadline was December 17, 2012. Please check back in with us next year; we’ve had enough holiday cheer.)
Some of these cards were clever, some were beautiful, and some were funny. All of them were excellent, deserving of recognition and praise for the thoughtfulness and creativity that went into them.
But in the end, there can only be one winner. Which firm was lucky enough to take home this year’s title?
It’s the last day of December, so it’s a good time to look back on the year that was. We’ll do what we’ve done for the past three years (wrap-up posts from 2009, 2010, and 2011 can be found here, here, and here) and identify the ten biggest stories of the past year as decided by you, our readers. With the help of Google Analytics, we’ve compiled a list of our top ten posts for 2012, based on traffic (as represented by pageviews).
By the way, for the third year in a row, the most popular category page on Above the Law was Law Schools. People have now been intensely focused on the declining value proposition of going to law school for as long as it takes to earn a Juris Doctor degree. Isn’t it time that we graduate from the current educational model?
The second and third most-popular categories on ATL in 2012 were Biglaw and Bonuses. Although this year brought us the largest law firm failure ever, nearly all other firms indiscriminately doled out offers to summer associates, and bonus season looked better for the first time in years. While the legal profession is still in transition, things are certainly looking up, and through the highs and the lows, we’ve been there to cover it all.
So what were the ten most popular individual posts at Above the Law in 2012? Let’s find out….
The holiday season is upon us, and yet again, you have no idea what to get for the fickle lawyer in your life. We’re here to help. Even if your bonus check hasn’t arrived yet, any one of the gifts we’ve highlighted here could be a worthy substitute until your employer decides to make it rain.
We’ve got an eclectic selection for you to choose from, so settle in by that stack of documents yet to be reviewed and dig in…
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: firstname.lastname@example.org.
We currently have a very exciting and rare type of in-house opening in China at one of the world’s leading internet and social media companies. Our client is looking for an IP Transactional / TMT / Licensing attorney with 2 to 6 years experience. The new hire will be based in Shenzhen or Shanghai. Mandarin is not required (deal documentation will be in English) but is preferred. A solid reason to be in China and a commitment to that market is required of course. This new hire will likely be US qualified (but could also be qualified in UK or other jurisdictions) and with experience and training at a top law firm’s IP transactional / TMT practice and could be currently at a law firm or in-house. Qualified candidates currently Asia based, Europe based or US based will be considered. The new hire’s supervisors in this technology transactions in-house team are very well regarded US trained IP transactional lawyers, with substantial experience at Silicon Valley firms. The culture and atmosphere in this in-house group and the company in general is entrepreneurial, team oriented, and the work is cutting edge, even for a cutting edge industry. The upside of being in an important strategic in-house position in this fast growing and world leading internet company is of the “sky is the limit” variety. Its a very exciting place to be in China for a rising IP transactional lawyer in our opinion, for many reasons beyond the basic info we can share here in this ad / post. This is a special A+ opportunity.
If your firm is in ‘go’ mode when it comes to recruiting lateral partners with loyal clients, then take this quiz to see how well you measure up. Keep track of your ‘yes’ and ‘no’ responses.
1. Does your firm have a clearly defined strategy of practice groups that are priorities of growth for your office? Nothing gets done by random chance, but with a clear vision for the future. Identify the top practice areas for which you wish to add lateral partners. Seek input from practice group leaders and get specifics on needs, outcomes, and ideal target profiles.
2. In addition to clarifying your firm’s growth strategy, are you still open to the hire of a partner outside of your plan? I’ve made several placements that fit this category. The partner’s practice was not within the strategic growth plan of my client, but once the two parties started talking with each other, we all saw how it could indeed be a seamless fit. Be open to “Opportunistic Hires.” You never know where your next producing partner might come from, so you have to be open to it. I will be the first to admit that there is a quirky element of randomness in recruiting.
The traditional job application and interview process can be impersonal, and applicants often struggle to present themselves as more than just the sum of their GPAs, alma maters, and previous work history. ATL has partnered with ViewYou to help job seekers overcome this challenge. ViewYou NOW Profiles offer a unique way for job seekers to make a personal, memorable connection with prospective employers: introduction videos. These videos allow job candidates to display their personalities, interpersonal skills, and professional interests, creating an eDossier to brand themselves to potential employers all over the world. Check it out today!