* This guy could teach a master class in how to stand by your (wo)man. Mary Jo White’s husband, John White, will relinquish his equity partner status at Cravath upon her confirmation as the head of the Securities and Exchange Commission. [Am Law Daily]
* Macho, macho man: it looks like we’ll never know if Dechert actually has a “macho culture,” because the FMLA and paternity leave case that questioned the very existence of this Biglaw subculture was settled out of court. [National Law Journal]
* Why you gotta go and ruin Valentine’s Day for everyone at O’Melveny and Akin Gump? Apple’s request to speed up the Greenlight Capital case was approved, with arguments now scheduled for February 19. [CNET]
* Despite her nomination being crapped on by the Senate, Jenny Rivera, the CUNY School of Law professor, was recently confirmed as an associate judge of the New York Court of Appeals. [New York Law Journal]
* “Behold, the instrument of your liberation!” Survivors of the Aurora movie massacre are being harassed by conspiracy theorists, and the DA asked the judge to scrub their names from the record. [Courthouse News]
* Aside from writing powerful opinions that will last the ages, being a mentor “is the most valuable thing” this Supreme Court justice can do. Sonia Sotomayor: motivational speaker? [New York Times]
* Aww, poor Biglaw partners. You want bigger cuts of your firm’s profits, but according to the latest Peer Monitor report, expectations like that are incredibly “unrealistic.” [WSJ Law Blog (sub. req.)]
* This actually isn’t something women like to shop for: the $200 million class action suit over the Greenberg Traurig “boys club” is currently being held up in two federal courts by arbitration and forum shopping issues. [Am Law Daily]
* With news that the legal industry is shedding jobs faster than the ABA can accredit more unnecessary law schools, career services officers must be hanging their heads in shame. [Thomson Reuters News & Insight]
* Dear law schools, your crappy business model is making us take a look at all crappy higher education business models, and we don’t like what we’re seeing here. Pls hndle thx. XOXO, Moody’s. [Washington Post]
* This is justice, Texas style: District Attorney Mike McLelland says the reward fund for tips in the brutal slaying of ADA Mark Hasse will grow to an “astronomical amount” until the killers are found. [Dallas Morning News]
* This lawyer allegedly had a fling with his sister-in-law out of the goodness of his heart, and in return, she accused him of sexual assault. Now he’s suing her for $7 million. You can’t make this sh*t up. [New York Post]
* In trying to get $700 in tickets dismissed, this lawyer says the U.S. Postal Service is immune from state and local traffic regulations. Other USPS immunities include not losing my mail on a regular basis. [USA Today]
You know what’s the mark of a good lawsuit against a law firm? The ability to polarize. Sure, it’s fun to laugh at the wacky ones, like Berry v. Kasowitz Benson or Morisseau v. DLA Piper. But the true classics are cases in which half the people think the plaintiff is a crusader for justice, and half the people think the plaintiff is an extortionist.
Take the 2007 lawsuit of Charney v. Sullivan & Cromwell, brought by a young M&A lawyer claiming anti-gay discrimination. That was a great lawsuit. Some readers saw it as a Philadelphia for the 21st century, while others saw it as a shameless shakedown of a top law firm.
By this standard, Levinson v. WilmerHale is a good lawsuit. Readers can’t seem to agree on this one. Let’s check out the sharply divided opinions — and also hear more about Pamela Levinson, from former colleagues at the firm….
Today brings news of another employment discrimination lawsuit filed against another top law firm. It’s being filed by the litigation boutique of Sanford Heisler LLP, which seems to be carving out a nice little niche in plaintiff-side Biglaw employment litigation.
Which firm is being sued this time, and what are the plaintiff’s allegations?
We frequently discuss the various issues that women face in Biglaw. Whether it’s a lack of salary parity, a lack of leadership roles, a lack of understanding that sometimes women have babies, or a lack of opportunities for promotion to partner, women just can’t seem to get the respect that they deserve.
And maybe that’s just because, like it or not, much of Biglaw is still a good ol’ boys’ club. After all, it’s not too often you hear men complaining about the fact that they’ve been passed over for partner year after year after year, or that they aren’t paid on par with their female colleagues.
One major firm’s satellite office seems to be a case study on this subject….
* Go to BuzzFeed to see pictures of cute animals, or go to BuzzFeed to see some quality journalism — like Chris Geidner’s profile of Edith Windsor, plaintiff in one of the landmark gay-marriage cases before the Supreme Court. [BuzzFeed]
* “A python is fairly dangerous. There’s definitely a turn-on about hunting something carnivorous that could, in theory, eat you,” says the NYU law student heading to Florida to hunt pythons for prize money. [Bloomberg]
* Looking for work? It’s time to head south, before everyone else does. Word is starting to get out about Texas, which boasts a low cost of living, no state income tax, and jobs — yes, actual freaking jobs. [Instapundit]
* But there’s no shortage of jobs in the housewife sector. If that’s what you want to do, then be fruitful, multiply, and remove your résumé from consideration at the jobs you’ve unwillingly applied to. [The Careerist]
* Although a reference from this century would’ve been appreciated, both Lat and Elie agree that I’m pretty damn great at “mak[ing] everything be okay.” Where’s a cute hat to toss when you need one? [Law and More]
Back in October, I waded into the rough waters of discussing women’s weight issues, and the discrimination that naturally follows. Again, I know that’s not much of a news flash; in a society that’s obsessed with beauty, of course overweight people, women especially (trust me, I’ve been there many a time), are going to be scrutinized and looked down upon with disgust. From what they wear to what they eat, everything they do is viewed with an eye toward absolute repulsion — because honestly, how dare they believe they’re normal. If you’re an overweight woman, your every waking move is going to be stigmatized.
In fact, rather damning character traits are regularly ascribed to overweight people, without any care as to whether those individuals are actually lazy, greedy, or devoid of self control. Ah, stereotypes. Even when they’re completely untrue, they’re so damn hard to shake.
Is it any surprise that these platitudes follow overweight women into the courtroom?
Here at Above the Law, we’ve been writing about the “Biglaw boys’ club” for quite some time. According to the latest report compiled by the National Association of Women Lawyers, when it comes to firm life in the fast lane, women continue to have difficulty ascending to the ranks of firm leadership. In fact, that study concluded that in the Am Law 200, women hold only 20 percent of the positions on firm governance committees. What’s worse is that only four percent of Am Law 200 firms have a firmwide managing partner who’s a woman. So much for girl power.
But when it comes to Am Law 100 firms, the American Lawyer recently conducted a similar study, and the results were less than awe-inspiring — in their discussion of the results, the editorial staff go so far as to refer to it as “the law of small numbers.” Lovely. Apparently the glass ceiling is still strong in Biglaw.
So what does the leadership hierarchy look like for women in the Am Law 100? Let’s find out….
So, as many of you have heard by now, Iowa’s Supreme Court recently issued a unanimous opinion which disguises lecherous workplace behavior as a valid legal avenue to terminate employees. You see, bosses can now fire employees whom they deem to be “irresistible attractions,” regardless of whether the employee has ever engaged in flirtatious behavior. In Iowa, it’s now completely acceptable for bosses to fire employees simply for having sex organs that they, in their managerial roles, are unable to use as they see fit. Dear God, you’ve got breasts? You’re so fired. Your ass looks good in slacks? Don’t even bother going back to the office.
This seems a bit sexist, but we suppose these kinds of things do happen when your state’s highest court is a huge sausage fest. And before you start whining about how unfair and discriminatory this is, don’t even bother, because it’s not. Iowa’s Supreme Frat House has decided that this is sort of behavior is controlled by feelings and emotions, not gender. This can’t possibly be gender discrimination, because bosses that want to bone their female employees shouldn’t be expected to control their feelings and emotions.
And it doesn’t matter if that same boss wouldn’t feel the same way about a male employee because of his gender, because the bros on Iowa’s most important bench don’t even care if this opinion makes sense….
* NALP is becoming the harbinger of doom for law practice. Here’s some cheerful news: the percentage of female associates in Biglaw dropped for the third year in a row. Perhaps they’re going the way of the Clifford Chance mommy. [National Law Journal]
* Biglaw hotties are coming to a continent near you! Davis Polk & Wardell will be adding a litigation practice to its existing shop in Hong Kong, and they managed to poach two big name Clifford Chance litigators in the process. [DealBook / New York Times]
* According to the ACC, in 2012, base salaries for general counsel rose 1.9 percent, while cash bonuses dropped 7.9 percent. But really, who’s going to complain about a six-figure bonus? [Corporate Counsel]
* A Delaware jury ruled that Apple infringed on several patents in a mobile-device technologies case filed by MobileMedia Ideas. Somewhere, Samsung’s bigwigs are laughing their asses off. [WSJ Law Blog (sub. req.)]
* A woman was arrested in Spain for trying to smuggle in cocaine from Colombia. Seems pretty standard, except for the fact that she was hiding the coke in brand new breast implants — three pounds of it! [CNN]
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: