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Fulbright & Jaworski

Fulbright & Jaworski: The Latest Firm to Abandon Lockstep

Fulbright logo.JPGToday is the start of performance review season for associates at Fulbright & Jaworski. As you well know, performance reviews are now very important. We’ve noticed that firms which are miraculously unaffected by the economic recession coincidentally have the toughest performance reviews.

We don’t know if this round of performance reviews will lead to another round of layoffs at Fulbright. But according to an internal Fulbright email obtained by Above the Law, there is a lot on the line even for associates that will keep their jobs at Fulbright. This year’s reviews come with a cash prize — or penalty.

Read the email after the jump.

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Fall Recruiting Open Thread: Vault 51 - 60 (2010)

comparing.jpgWe’re now into the back half of the brand new Vault law firm rankings. Just like last year, we worry about a proliferation of “TTT” accusations in the comment threads. But such terms of art can miss the positives of many of the firms in this section of the Vault rankings. Here’s the list:

51. Fulbright & Jaworski
52. Wilson Sonsini Goodrich & Rosati
53. Morgan Lewis & Bockius
54. McDermott Will & Emery
55. Alston & Bird
56. Bingham McCutchen
57. Fish & Richardson
58. Dechert
59. Greenberg Traurig
60. Cadwalader Wickersham & Taft

We have already extensively talked about the Morgan Lewis situation. Let’s move on to other firms after the jump.

Continue reading "Fall Recruiting Open Thread: Vault 51 - 60 (2010)"

Nationwide Layoff Watch: Fulbright & Jaworski

Fulbright logo.JPGYou know, call me naive but I really thought we’d make it through the whole week without anybody getting laid off in Biglaw. After the government bloodletting earlier this week, I just had a good feeling about private practices retaining all their people for a week.

If I were in a Star Wars movie, I’d probably be dead now. Multiple independent sources report that Fulbright & Jaworski laid off ten people: six associates and four staff.

The numbers aren’t huge, but our sources tell us that this was not a “performance review” cut:

All but one of the associates were first years who started in September. [Fulbright] hasn’t claimed there was gross incompetence on the part of [the laid off first years].

Sorry first years.

Office details after the jump.

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Open Thread: Nationwide Start Date Round-up

If you’re a 3L or a clerk with a Biglaw job offer, congratulations. If you were hoping for a traditional start date in the fall, you may be a little disappointed though. Many a firm has pushed its start date for incoming associates into 2010.

Yesterday, Milbank Tweed informed associates that it’s pushing back start dates from October 2009 to January 2010. From a tipster:

This was done [Monday] afternoon by phone from partners (probably from the practice groups where incoming associates are slated to go) and an email went out later. Old Start Date: Oct. 19, 2009. New Start Date: January 25, 2010. $10,000 stipend + the $10,000 you can get as a salary advance + moving expenses + bar expenses.

Incoming associates at Arent Fox and Fulbright & Jaworski are also reporting that their start dates have been pushed back to January 2010. A spokesman from Arent Fox tells us that a lucky few still have the option to start this year though:

A number of third-year law students who were offered a position with Arent Fox will start on November 1, 2009 as previously planned. The remaining 3L students offered a position with Arent Fox have had their start dates deferred until Feb. 1, 2010…. Arent Fox is providing a stipend plus bar exam fees for those whose start date has been deferred.

We’ve got a round-up of start dates at over 20 Biglaw firms after the jump, most of them set to welcome new associates in 2010. We invite you to supplement start date information in the comments, or by e-mailing us with “Start Date Watch” in the subject.

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Updated Salary Freeze Round-up: Even More Firms on Ice

pay freeze salary freeze pay cut law firm.jpgAs we noted in yesterday’s Morning Docket, even the New York Times has taken note of the salary freeze trend at law firms. The Times reached out to Above The Law’s own David Lat for the story:

Although many associates are angry about the freezes, others are relieved, said David Lat, founding editor of AboveTheLaw.com, a blog about law firms and the profession.

“There is this sense that firms didn’t act prudently during the boom and now they are getting religion, and that it’s better late than never,” Mr. Lat said. “Many associates we have spoken to think the freeze probably saved jobs.”

At the beginning of the month, we did a round-up of firms that have frozen 2009 salary rates at 2008 levels. That list was 16 firms long. Since then, quite a few other firms have announced freezes. Due to frequent requests, we’re updating the round-up list since the number of firms with freezes (that we know of) has more than doubled, to 33 32. Check out the as-comprehensive-as-we-can-make-it list, after the jump.

Recently announced salary freezes include “solid ice freezes” at Blank Rome and Townsend and Townsend and Crew; and “Slurpee freezes” at Bingham McCutchen, Fish & Richardson, and Texan firm Andrews Kurth.

Memorandums, as well as a new list of all firms with “solid ice” and “Slurpee” freezes, after the jump.

Continue reading "Updated Salary Freeze Round-up: Even More Firms on Ice"

Nationwide Pay Freeze Watch: Perkins Coie And Fulbright Freeze, Schulte Does Not

pay freeze salary freeze pay cut law firm.jpgAfter saying nice things about top Texas firms yesterday, our inbox was flooded today with news of a salary freeze at Fulbright & Jaworski.

As we understand it, the firm is only freezing salaries through the first quarter of 2009, so it’s a Slurpee freeze.

So much for Texas being the beacon of hope for the legal industry.

But, perhaps more surprisingly, Perkins Coie is also freezing salaries:

The 2009 economic picture remains extremely uncertain. Although we continue to have no debt and the firm is in excellent financial shape, we have determined to take a number of significant steps to ensure the firm’s financial health in 2009 for the benefit of all personnel.

The firm’s budget contemplates approximately a 10% reduction in average partner income in 2009, and partner draw percentages for January and February were significantly reduced in order to avoid any need to borrow funds. We have also frozen salaries for senior administrative staff who are evaluated on a calendar year basis. Most staff have salary adjustments on July 1 and no decision will be made on compensation adjustments applicable to them until that time.

We have also decided to hold associates at their current base salary levels. Associates will remain at their 2008 base salary for 2009, subject to two limited exceptions. Adjustments will be made to productivity build-ins for affected associates in the Bellevue, Seattle and Washington, DC offices, and changes will be made to address a few unique compensation arrangements previously scheduled for adjustment in 2009. New compensation memos will be distributed within the next few weeks.

I guess having partners that are tight with Obama isn’t enough to stave off a “solid ice” freeze. So much for unicorns.

But, after the jump, some positive news to report.

Continue reading "Nationwide Pay Freeze Watch: Perkins Coie And Fulbright Freeze, Schulte Does Not"

Houston Lawyers Get Back To Work After Ike

houston ike lawyers work.JPGIn the aftermath of Hurricane Ike, the Houston legal community is getting back to work. WRAL news channel 5 reported that Locke Lord Bissell & Liddell expects to reopen Wednesday. Andrews Kurth has their attorneys working remotely. According to the WRAL report, an Andrews spokesperson said, “all of our BlackBerrys are working.”

Other Houston area firms were contacted by ATL directly. The most important news is that everybody is safe.

Mike Conlon, partner-in-charge of Fulbright & Jaworski’s Houston office, said:

[W]e have been able to assist all that have needed temporary housing. While our Houston office is closed today, our lawyers are working from remote locations, including our other offices in Texas. All computer support functions are operating, and other offices are providing additional support where needed, which is part of Fulbright’s disaster recovery plan.

Fulbright & Jaworski plans to be fully functional by tomorrow.

More news from Houston after the jump.

Continue reading "Houston Lawyers Get Back To Work After Ike"

Fall Recruiting Open Thread: Vault 41-50 (2009)

comparing.jpgWe’re back with another installment in our series of open threads on the Vault 100. This is an opportunity for insiders to sound off on their firms for the benefit of wannabe potential first-year and lateral associates.

Here are the next ten on the Vault list, with prestige scores in parentheses:

41. Baker Botts LLP (6.096)
42. King & Spalding LLP (6.066)
43. DLA Piper (6.039)
44. Baker & McKenzie (5.982)
45. Wilson Sonsini Goodrich & Rosati (5.976)
46. Boies, Schiller & Flexner LLP (5.974)
47. Morgan, Lewis & Bockius LLP (5.941)
48. Dewey & LeBoeuf (5.924)
49. Fulbright & Jaworski LLP (5.906)
50. McDermott, Will & Emery (5.892)

The most interesting set of “notable perks” in this bunch can be found at Boies Schiller. On the upside, there is an annual trip to Jamaica for attorneys and their families — in December, no less — but on the downside, it’s a “sweatshop run by a genius.” This makes us think of David Boies as the legal profession’s Santa Claus — who likes to take the elves to Montego Bay.

We invite the curious to ask questions about these firms, and for those in-the-know to take pity.

Earlier: Vault 100 Open Threads - 2009

Legal Eagle Wedding Watch 3.9 and 3.16: Deposing Marriage

Legal%20Eagle%20Wedding%20Watch%20NYT%20wedding%20announcements%20Above%20the%20Law.jpgFor LEWW, one of the best things about spring is the return of a reliable stream of lawyer-lawyer couples to the NYT wedding pages. Soon we’ll even be seeing SCOTUS clerks! This week five out of our six newlyweds sports a JD. Here they are:

1.) Michelle Lieberman and Daniel Lubetzky

2.) Michelle Davidowitz and Jed Schwartz

3.) Jessica Zeldin and Johnston Whitman Jr.

More about our finalists, after the jump.

Continue reading "Legal Eagle Wedding Watch 3.9 and 3.16: Deposing Marriage"

Associate Bonus (and Nationwide Pay Raise) Watch: Something’s Afoot at Fulbright

associate bonus watch 2007 law firm Above the Law blog.jpgThe holiday season is shaping up to be a cheery one for associates at Fulbright & Jaworski. And not just due to perks like on-site tailoring and automated electronic defibrillators.

They’re also getting more cash stuffed in their stockings. The firm just announced a new associate salary and bonus structure for 2008, in its offices in Washington (DC) and Texas.

More details, after the jump.

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Biglaw Perk Watch: The Gray Lady’s Take

Guess what’s at the top of the New York Times Most Emailed Articles list today? A piece entitled For Lawyers, Perks to Fit a Lifestyle, by Lynnley Browning.

We’re pleasantly surprised that an article about law firm perks, a niche topic that we cover obsessively around here, is so popular with readers of a general-interest publication. Or is it just that lawyers are the only poor saps at work today?

Kelis Milkshake boys to the yard Above the law blog.jpgAmong the more notable perks mentioned in the article:

1. Milkshakes and candied apples — yum! (Perkins Coie) [FN1]
2. Mortgage guarantees for the first $100,000 of associate mortgages (Sullivan & Cromwell)
3. Reimbursements for associates who buy a hybrid car or a certain brand of car (DLA Piper; Fulbright & Jaworski)
4. On-site yoga classes (O’Melveny & Myers)

It’s an interesting article; read the whole thing here. There’s additional commentary on the piece over at the WSJ Law Blog, by Jamie Heller (filling in for Peter Lattman, who is on his honeymoon).

P.S. Looks like an NYT correction may be in order, due to a slip-up concerning the amount of year-end bonuses:

The perks come on top of higher salaries and larger bonuses — this year, the top-offs have been doubled at some practices. At the New York office of Cravath, Swaine & Moore, an old-line firm, associates will receive special payouts of $10,000 to $50,000, in addition to their year-end bonuses up to $35,000.

Our suggested rewording: “At the New York office of Cravath, Swaine & Moore, an old-line firm, some associates will receive special payouts of $10,000 to $50,000, in addition to year-end bonuses up to $60,000.” (The word “some” is needed before the word “associates,” because class of 2007 or “stub year” associates don’t get special bonuses.)

[FN1] The Perkins Coie milkshakes come from Potbelly Sandwich Works. Coincidentally, we enjoyed a PSW milkshake for the first time on Wednesday. It was Oreo, and it was delicious!

Update: One of you sent us this great comment, by email:

I thought the most poignant perk was Fried Frank’s: they offer psychotherapy (through what sounds suspiciously like a bulk discount deal) to help associates deal with stress, anxiety, depression, and divorce. I love it!

I can imagine the therapist’s notes: “Patient distressed re: possibility of negative performance review. Says he has not seen wife or child since, “let’s see … when was that holiday with the fireworks?” Is in constant pain from chronic papercuts and verbal caning associated with ongoing case. Patient noted gratefully that firm is paying for therapy. Possible diagnoses: Stockholm syndrome?”

For Lawyers, Perks to Fit a Lifestyle [New York Times]
Law Job Perks v. Law Job Woes [WSJ Law Blog]

Biglaw Perk Watch: Defbrillators?

defibrillator automatic electronic defbrillator defibrillation Above the Law blog.jpgPerhaps taking a page from ATL’s Biglaw Perk Watch, the Texas Lawyer recently published a survey of the perks offered to associates at some of the state’s biggest law firms. It’s not available online, sadly, but a tipster sums it up:

Most are either trivial or to be expected, but the one that stands out it the “automated electronic defibrillator” offered by Fulbright & Jaworski.

Aren’t they essentially saying to new associates, “We anticipate that you may be afflicted with cardiac arrest while working here”? Why on earth would this be touted as a “perk”?!

Indeed. Even if you do have defibrillators on the premises, which most large organizations probably should have, it seems odd to boast about them. It’s like telling your recruits that you offer fire extinguishers — nice to know, but not exactly a “perk.”

You can check out the full list of Fulbright perks after the jump.

Continue reading "Biglaw Perk Watch: Defbrillators?"

Fall Recruiting Open Thread: Summer Associate Bonuses

100 dollar bill Abovethelaw Above the Law law firm salary legal blog legal tabloid Above the Law.JPGYesterday we posted an open thread on law firms that screw over no-offer lots of their summer associates. This post is about the flip-side: firms that dole out summer associate bonuses.

This topic has been raised by two tipsters, in two different contexts. First, this tipster reports on two firms that pay bonuses to summer associates, regardless of whether you previously summered with them:

I’m just starting to get offers, as callbacks are rolling along. I have offers from Baker Botts and Fulbright & Jaworski, both in Dallas — and both are offering a week’s pay ($3077 and $2700, respectively) as a bonus! Baker pays out on the start date, and Fulbright pays if you spend the first half with them.

And from a second source, news of bonuses paid to 1L summers who return to the same firm:

I received an offer to come back for a second summer at Foley & Lardner… with a catch: If I come back for the whole summer, and do not split or spend time anywhere else, I receive a $5,000 bonus. The bonus pays out when I accept this fall, not next summer. I have no idea if all the offices do this, but I should add that I am not at all in a major market.

Interesting. Are you aware of other firms that either (1) pay bonuses to summer associates or (2) pay bonuses to 1L summer associates who return for a second summer (and don’t split)? Please discuss, in the comments. Thanks.

Earlier: Fall Recruiting Open Thread: No-Offer Factories

Fall Recruiting Open Thread: Vault 56-60

Exchange Place 53 State Street Boston Goodwin Procter Above the Law blog.jpgLaw firm mergers have transformed the Biglaw landscape over the past decade. Several of the five firms in our latest open thread on Vault 100 firms have been involved in merger mania.

Here are the firms to talk about this morning:

56. Fish & Richardson P.C. (5.868)
57. Fulbright & Jaworski LLP (5.863)
58. Pillsbury Winthrop Shaw Pittman LLP (5.825)
59. Goodwin Procter LLP (5.807)
60. Cooley Godward LLP (5.794)

Pillsbury Winthrop is the product of Pillsbury Madison & Sutro (San Francisco), Winthrop Stimson Putnam & Roberts (New York), and Shaw Pittman (Washington). Goodwin Procter swallowed up Shea & Gardner, just as Cooley gobbled up Kronish Lieb.

Please exchange information and opinion about these five firms in the comments. Thanks.

The Vault Top 100 Law Firms [Vault]

Earlier: Vault 1-5; Vault 6-10; Vault 11-15; Vault 16-20; Vault 21-25; Vault 26-30; Vault 31-35; Vault 36-40; Vault 41-45; Vault 46-50; Vault 51-55

Nationwide Pay Raise Watch: Fulbright & Jaworski (Texas)

Fulbright Jaworski LLP Abovethelaw Above the Law blog.jpgThe executive committee of Fulbright & Jaworski just took this action with respect to associate compensation in Texas:

“After due consideration of all relevant data and after listening to our clients, our partners, and our associates on the issue at hand, the Firm has determined that we will raise base compensation for associates in Texas offices in the classes of 2006 and 2007 to $160,000 per annum, effective today, August 1, 2007.”

“The Firm has commenced a comprehensive review of associate compensation and related recruiting and retention issues. These matters are of great importance to our partnership. We hope to complete this review by mid-autumn.”

Our tipster’s take:

“So F&J has punted even more than other Texas firms, only raising first years, probably because they already announced $165K for second years in DC with the deferred comp model.”

Earlier: Nationwide Pay Raise Watch: Fulbright & Jaworski (D.C.)

Nationwide Pay Raise Watch: Fulbright & Jaworski (D.C.)

Fulbright Jaworski LLP Abovethelaw Above the Law blog.jpgNo, we haven’t heard anything about Fulbright & Jaworski raising associate salaries in Texas. If you hear anything, please email us.

But how about D.C.? That we can help with. From a tipster in Fulbright’s Washington office:

Fulbright has raised. There’s still no memo available, and no one expects one, as the numbers were announced orally at a meeting last Friday. I’m an F&J associate… and was at the meeting.

So no memo. But we do have the firm’s schedule of base salaries and bonuses, payable at different hours levels (up to 2500 hours — yikes).

You can check it all out — it’s a pretty elaborate scale, we’d be interested in hearing your thoughts on it — after the jump.

Continue reading "Nationwide Pay Raise Watch: Fulbright & Jaworski (D.C.)"

Skaddenfreude: The Dirty (Half) Dozen?

100 dollar bill Above the Law Above the Law law firm salary legal blog legal tabloid Above the Law.JPGThe LIST OF SHAME is shrinking, albeit slowly.

We were down to eight firms as of last Friday morning. Then we learned about Baker Hostetler matching market. And today we get this associate pay raise news (from a verified source at the firm):

You can remove Fulbright & Jaworski from the List of Shame. We raised associate base salaries in the New York office to market today (retroactive to January 1, 2007). There was a meeting of all the associates so there is no memo or voicemail.

This leaves us with the following (ranked by Vault 100 numbers on the left, ‘cause that’s how the list started out, but with AmLaw 100 numbers supplied parenthetically on the right):

43. Baker & McKenzie (3)
77. Bryan Cave (56)
82. Reed Smith (33)
83. Dorsey & Whitney (68)
86. McGuireWoods (65)
100. Seyfarth Shaw (66)

If any of these firms doesn’t belong, please email us, with supporting documentation (if any). Thanks.

Stepping in Deep Duke-y: A Post-Mortem

Michael Richards 2 Kramer n word nigger Above the Law.JPGThe mini-scandal that erupted after it was reported that Fulbright & Jaworski partner uttered “the n word” during a recruiting event at Duke Law School has pretty much blown over.

Much wind was taken out of the racist sails when it came to light that the partner said the magic word while “recount[ing] a story about Leon Jaworski’s defense of an African-American man in a murder trial in Waco, Texas in the 1920s.” The partner uttered the racial epithet “in an effort to display the depth of racial hostility that Jaworski and his client faced.”

In case you’re still interested in this story — and we understand completely if you’re not — an account of yesterday’s meeting, between Fulbright & Jaworski lawyers and law students at Duke, appears after jump.

Continue reading "Stepping in Deep Duke-y: A Post-Mortem"

Stepping in Deep Duke-y: Maybe It’s Not That Deep?

Michael Richards 2 Kramer n word nigger Above the Law.JPGWhen we first posted about a Fulbright & Jaworski partner using “the n word” in a recruiting event at Duke Law School, we left open this possibility:

[U]nless the story was about, say, the partner’s pro bono representation, in a civil action for damages, of a hate crime or police brutality victim who was attacked and called “the n word,” it was hugely inappropriate….

We’re glad we left ourselves that escape hatch. We now have more context about the incident, thanks to an email from the Fulbright & Jaworski executive committee:

Dear Colleagues:

Because you may hear about or be asked about a recent situation at a law school where attorneys participated in training interviews of students, we want to bring it to your attention. One of our lawyers recounted a story about Leon Jaworski’s defense of an African-American man in a murder trial in Waco, Texas in the 1920s. During the retelling, in an effort to display the depth of racial hostility that Jaworski and his client faced, the attorney used a racial term that characterized what the district attorney in the case said about the defendant. After review of the situation, all involved concluded that such terms, although recounted without ill intentions, are inappropriate for our firm, which values diversity and strives for inclusiveness.

We are addressing the situation, and Steve Pfeiffer and other senior partners are en route to meet with the students. One of the other attorneys who participated in the training session acted immediately when the incident was called to his attention and responded with an electronic letter of explanation and appropriate apology. Any inquiries should be directed to the firm’s Hiring Partner, Gerry Lowry.

Executive Committee

Here’s some further evidence suggesting that the Duke law school community may be overreacting. Per a current law student at Duke:

This partner was relating what another person said in the context of telling a story. Now everyone is piling on him. The student [who voiced the complaint] has been goaded on by some super liberal professors.

Interesting. As we’ve previously stated, we welcome any and all information about this incident. Thanks.

Earlier: Breaking: Fulbright & Jaworski Partner Drops the N-Bomb During A Recruiting Interview!
Stepping in Deep Duke-y: More Details, Please

Stepping in Deep Duke-y: More Details, Please

Michael Richards 2 Kramer n word nigger Above the Law.JPGThis morning we wrote about the recent scandal at Duke Law School, in which a Fulbright & Jaworski partner uttered “the n word” during the course of a recruiting event. We published an email from Dean Katharine T. Bartlett to the student body about the incident.

Unfortunately, there’s still so much that we don’t know. To those of you with knowledge of the underlying events, here are a few things we’re curious about:

1. What type of event was this — a meeting, a one-on-one interview, etc.? Was the complaining student the only one who heard “the n word”?

2. In what context was “the n word” uttered? In other words, what exactly was the “story” that the partner was telling to the student(s)?

3. Who was the Fulbright & Jaworski partner who said this racial slur?

These are just a few representative questions. We’d love to get ANY additional information about the incident, no matter how trivial. Thanks in advance for your tips.

Update: We now have more details and context about the incident — and it’s not as bad as it initially sounded. See here.

Earlier: Breaking: Fulbright & Jaworski Partner Drops the N-Bomb During A Recruiting Interview!