That’s right — this is a combined edition of LEWW. Weep with joy, wedding-watchers!
Before we serve up this double shot, a request for input. In response to prompting from readers, when we’ve chosen the week’s top three couples lately, we’ve been giving a big edge to lawyer-lawyer couples. The result is that we’ve often found ourselves writing about double-JD weddings even when there are other couples with more impressive credentials (but only one JD).
To be honest, we’re not sure this is the right approach. It just feels wrong to pass over a dripping-with-prestige couple like this simply because a couple of unremarkable associates are getting hitched. Particularly during the height of the wedding season, there are often at least three lawyer-lawyer couples, so under our current system you’re basically out of contention if you marry outside the profession.
We’re considering lifting the heavy thumb we’ve put on the scales in favor of dual-lawyer couples, but before we do anything rash, we need to know what our readers think. What’s more interesting to you, ATL fans: lawyers marrying lawyers, or prestigious lawyers marrying other prestigious (and often more interesting) people? Make your opinion known, either in the comments or by e-mail.
* Barry Ostrager of Simpson Thacher bills out at $1,000 an hour? Well, just keep him away from your bathroom. [WSJ Law Blog]
* Eager to soak the rich (hedge fund kings)? Good luck with that. [DealBreaker]
* Remember the wacky Stephen Dunne, who blames the gays for his bar failure? Not being admitted may be the least of his problems. [Keeping Up With Jonas]
* A funny parody? Or a disturbingly accurate account of how the law review submission process works? [Concurring Opinions]
* Truth in advertising? This was probably well-intentioned, but ultimately unwise. [copyranter]
* Voting irregularities: not limited to “coolest law school” contests. [Machinist]
We understand there are various websites — websites that we won’t mention by name or link to here — in which people seeking hook-ups or other sexual encounters can meet similarly minded individuals. Site visitors typically post pictures or images of certain body parts, in order to entice other visitors into arranging an encounter.
Anyway, by clicking on the box below, you can see a funny photograph that was posted on one such site. We’re inferring that the individual depicted is (1) horny and (2) a law student (maybe even a law review editor).
Please note that this image is NOT completely safe for work. Although it probably won’t set off automated porn filters, since it’s not a link to a pornography site, you do NOT want your co-workers to be around when you access it. Be sure to do so in the privacy of your own office. If you’re in a cubicle, wait until nobody else is around.
Also, please note that this image was sent to us by a reader. We did NOT find it on our own, and we do NOT visit the website from which it was taken. Thank you. [FN1]
[FN1] Yes, we fully expect this to be received with skepticism by the peanut gallery of commenters. That’s okay; serving as a piñata for anonymous commenters is part of our job description.
UPDATE: In response to this comment, yes, the usual rules apply: please don’t identify this individual in the comments (if, for some disturbing reason, you actually recognize him).
Sadly, we’ll probably never learn whether former Clifford Chance partner Michael Bryceland was asked to “bend over” (a la Aaron Charney). Unlike Sullivan & Cromwell, CC settled the case quietly, for an undisclosed amount.
Of course, if you have any details, please feel free to send them to us by email (subject line: “Clifford Chance”). Thanks. Revealed: CC pays out in sexual orientation claim [TheLawyer.com]
After we wrote about Aaron Charney flipping his condo for a tidy profit, a reader emailed us:
Do some research on Noble Black, Charney’s agent at Corcoran. I remember reading an article several years ago where he left a New York Biglaw firm to go into residential real estate because the money just wasn’t good enough.
I wonder what the connection was to Charney that Charney hired him. Maybe Noble and Aaron dated?
Reader, please keep your fantasies in check. Noble Black may be ridiculously good-looking, and he and Aaron would make a cute couple — but we have no idea about Noble’s sexual orientation. Just because he enjoys “gallery openings,” as noted in his Corcoran bio, doesn’t make him gay.
But this reader was correct about the article. We unearthed the February 2005 New York Times piece, entitled Six Figures? Not Enough! Those of you feeling poor on $160,000 a year may be able to identify with the plight of Noble Black, as well as the others quoted in the article.
More after the jump.
We were rightfully ribbed for having so few details in yesterday’s post about the O’Melveny Mystery Man (hereinafter “Mystery”). Now we have more information about him, gleaned from multiple sources.
One source, who interacted with Mystery at lunches and over coffee, said that he “seemed very quiet.” But maybe he acts differently in a party context (i.e., after he’s had a few drinks). A second source, who spent time with Mystery on the notorious night of the firm retreat, described him as “obnoxious” and “a true frat guy.”
As for the alleged conduct on the evening in question, here’s what we’ve heard:
1. “[O]ne of the summer associates is a lesbian, but I don’t think most of us knew until this weekend since she brought her girlfriend. Everyone was at the hospitality suite on Saturday night, and the summer kissed her girlfriend on the cheek. [Mystery] yells out, “Whoa, what was that?!” and makes a totally un-PC scene, [making] both girls uncomfortable.”
2. “[O]ne of the first year associates had her fiance there, and he was drinking white wine. [Mystery] says: ‘Why are you drinking white wine? Are you a fag?’
3. “[Mystery] kept doing the ‘wink and point’ thing at a 3rd or 4th year female associate, telling her that she would be his drinking buddy for the night. She was creeped out.”
No, that’s not all. More misconduct alleged, after the jump.
No, not the Sullivan & Cromwell headquarters at 125 Broad Street. That happened months ago, not long after the young corporate lawyer sued his uber-prestigious employer, claiming anti-gay discrimination and retaliation by S&C.
We’re referring instead to Aaron Charney’s former home, a luxury apartment on the 53rd floor of the Orion — a new, high-rise condominium on the West Side of Manhattan. We previously profiled Aaron Charney’s apartment (above right) back in this post, wherein we wrote:
City records show that in late November, Charney closed on an $820,000 condominium in the fancy new Orion building, on the west side of Manhattan….
Charney financed this purchase with a $656,000 mortgage — 80 percent financing. Perfectly respectable; not overly leveraged. This means he put down about $164,000 for the purchase.
(Food for thought: Did S&C help him out with his down payment?)
Well, now Aaron Charney has gotten back all that money — and then some. NYC records disclose that he sold his apartment last month for $972,500 (and paid off his mortgage).
So Charney flipped a property he owned briefly, just over six months, for $152,500 more than he paid for it. If you’ve been wondering how Aaron Charney is supporting himself these days, there’s your answer (or at least part of it).
Nice work, Aaron! Even after closing costs — we doubt he paid the full 6 percent commission (who does thesedays) — he probably made a tidy profit. If Aaron Charney decides not to return to law, maybe he has a promising career in real estate. Update / Correction: As discussed in the comments, “[h]e’ll have to pay both the NY ‘flip tax’ and federal capital gains tax because he held it for such a short period.” So maybe he’s not making as much of a killing as we originally thought. Further Update: Detailed tax analysis here.
More details about Aaron’s pad, including text and images from the real estate listing, after the jump.
What do you get when you put the three smartest judges on the Seventh Circuit — Frank Easterbrook, Richard Posner, and Diane Wood — on the same panel?
In this case, something weird. Very weird. It’s amusing to imagine this trio of legal geniuses wrapping their minds around such a bizarre fact pattern. Questions Presented:
(1) How can you tell when a gay co-worker is cruising you at the urinals?
(2) Is he checking you out — or does he just have a lazy eye?
The evolution of relationships between the genders continues. Currently, in law firms, there is an interesting conundrum; balancing the desire for a gender-blind workplace where “the best lawyer gets the work and advances” and the reality of navigating the complicated maze created by the fact that, in general, men and women do possess differences in their work styles. These variations impact who they work with, how they work, how they build professional connections and how organizations ultimately leverage, reward and recognize the talents of all.
Henry Ford sat on his workbench and sighed. A year earlier, he had personally built 13,000 Model Ts with his own hands. Fashioning lugnuts and tie rods by hand, Ford was loath to ask for help. Sure, there were things about the car that he didn’t quite understand. This explains the lack of reliable navigation systems in the Model T. But Ford persevered because he knew that unless he did everything, he could not reliably call these cars his own.
“Unless my own personal toil is responsible for it, it may as well be called a Hyundai,” Ford remarked at the time.
The preceding may sound unfamiliar because it is categorically untrue. And also monumentally stupid. Henry Ford didn’t build all those cars by hand. He had help and plenty of it. Almost exactly one hundred years ago, Henry Ford opened up the most technologically advanced assembly line the world had ever seen. Built on the premise that work can be chopped up into digestible pieces and completed by many men better than one, the line ushered in an age of unparalleled productivity.
Today, an attorney refers business because he can’t do everything the client asks of him.
There are three reasons why this is way dumber than a made-up Henry Ford story…
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: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months, and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.