General Counsel

This is as close to titillating as I’ll ever get in one of these columns:  When a senior lawyer (or executive) leaves a company in December, what does that mean?

Basically, Ecclesiastes is all about changing jobs:  ”To every thing there is a season.”

When a partner at a law firm moves laterally in January, that’s like leaves changing in autumn.  The partner waited to receive his (or her) year-end bonus from firm A and, having pocketed the bonus, then moved on to firm B.  That makes the lateral acquisition cheaper for the new firm.

The in-house world is a step slower:  When an in-house lawyer (or executive) moves to a new company in March or April, that’s like snow falling in winter.  The in-house person waited to receive his (or her) annual bonus in March (more or less) and, having pocketed the bonus, then moved on.  That reduces the hiring cost for the new company.

But when an in-house lawyer (or executive) leaves a company in December, that’s a blizzard in May!  The game is afoot!  (Blogging is so good for me.  I just learned that Shakespeare said that first, although I was thinking of Sherlock Holmes (who said it later) when I typed the phrase.)  Quickly, Mr. Watson!  What can we deduce from an out-of-season executive departure?

double red triangle arrows Continue reading “Reading The Tea Leaves When Heads Roll”

John Farren and Mary Farren

Lawyers John Michael Farren and Mary Margaret Farren were once a storybook couple. If Above the Law had been around in the nineties, they might have made the pages of Legal Eagle Wedding Watch. Mary Farren practiced energy law at the high-powered firm of Skadden Arps, where she attained the rank of counsel, and John Farren’s résumé was even more impressive: he served as general counsel to Xerox, a Fortune 500 company, before going on to serve as deputy White House counsel under President George W. Bush.

Their success transcended their impressive job titles. She earned $500,000 a year at Skadden; he made millions as GC of Xerox. They had ample material wealth — $3 million in cash here, a $4.6 million mansion there — and two lovely daughters.

And then things went wrong. Horribly, terribly wrong….

double red triangle arrows Continue reading “Ex-Skadden Lawyer Wins $28.6 Million From Her Ex-Husband (A Former GC And White House Lawyer)”

Nose candy for pimps.

* An NSA review panel thinks the Chief Justice of the United States shouldn’t be the only one appointing judges to the FISA Court. We imagine John Roberts is pulling a Stuart Smalley. Don’t worry, you’re good enough. [Blog of Legal Times]

* Sadly, Amy Schulman, one of America’s most influential lawyers and best-paid general counsel, is out at Pfizer. After leading the charge against outside counsel’s hourly billing, we doubt she’ll head back to DLA Piper. [Corporate Counsel]

* Scott Bloch, former head of the Office of Special Counsel in the GWB administration, allegedly hated gay staffers so much he shipped them to Detroit. That settles it: he really hated them. [Blog of Legal Times]

* Sen. Elizabeth Warren proposed a bill that would ban all private employers — except the government — from running credit checks on new hires. Let’s go rack up some credit card debt! [National Law Journal]

* Law schools are facing enrollment problems, but Boalt Hall and Santa Clara Law saw the size of their entering classes rise. Flooding the entry-level job market continues to be celebrated. [The Recorder]

* “Yes — I do share nose candy with these girls. For free. For my personal use, OK?” Pro se litigants say the darndest things. Good thing this guy got an attorney before things got worse. [Albany Times Union]

If you aspire to work in Biglaw, it’s likely that you’ve already got a certain air of je ne sais quoi about you. You’re probably a prestige whore who looks down your nose at others whom you deem to be inferior to you. You probably think you’re the sh*t, and you firmly believe that others should think so too. You know people call you a jerk behind your back, but you don’t care because you know they’re just jealous. You are the most special and unique of all snowflakes, and people should be honored to breathe the same air as you.

Congratulations! You’re an arrogant a-hole, and there are many firms that would be glad to have you among their ranks — because according to the latest survey results, they’re filled to the brim with people just like you.

Which Biglaw firms are just as cocky as you are? Luckily, there’s a ranking for that…

double red triangle arrows Continue reading “The Most Arrogant Biglaw Firms? There’s A Ranking For That!”

Earlier this week, Above the Law hosted its first-ever Fashion Law Forum in Los Angeles at the W Hollywood. Despite the traffic on the 405, the event was very well-attended, and we nearly had a full house in the audience. Everyone was dressed to the nines, and we couldn’t have been happier with how this elegant soiree turned out.

The highlight of the evening was a lively discussion, moderated by ATL’s Staci Zaretsky, about all of the ins and outs of fashion law. Panelists included Staci Riordan, Chair of the Fox Rothschild Fashion Law Practice Group; Jane Shay Wald, Chair of Irell & Manella’s Trademark Practice Group; Deborah Greaves, Secretary and General Counsel of True Religion Brand Jeans; and Erica Alterwitz, Assistant General Counsel of BCBG Max Azria Group Inc.

If you’re interested in becoming a fashion attorney, here are three takeaways from our esteemed panelists that you can use to get a better understanding of the industry before you dive in…

double red triangle arrows Continue reading “3 Things You Need To Know If You Want To Work In Fashion Law”

The worlds of fashion and law have been sewn together to create a niche practice known as fashion law, where lawyers strut their stuff on the catwalk of cutting-edge intellectual property and business matters. Won’t you join the fun?

We are pleased to invite you to an evening of cocktails, canapés, and conversation focusing on the many ins and outs of fashion law. The event will take place in Los Angeles, California on November 12th from 6:30 p.m. to 9:00 p.m. This event will be a great opportunity for attendees to hear legal leaders share their insights on success, meet members of the Above the Law team, and network with peers.

As an added bonus, representatives from M Dot Design Studio will be on hand with a rack of clothing that guests can peruse, and will offer accessorizing tips, give out discount cards to all attendees, and raffle off a piece of jewelry for one lucky guest. You’ll also be able to chat with representatives from Flywheel about the hottest new indoor cycling craze.

Our esteemed panelists confirmed for the event include:

  • Staci Riordan, Chair of the Fox Rothschild Fashion Law Practice Group
  • Jane Wald, Chair of Irell & Manella’s Trademark Practice Group
  • Deborah Greaves, Secretary and General Counsel of True Religion Brand Jeans
  • Erica Alterwitz, Assistant General Counsel of BCBG Max Azria Group Inc.

There is no charge for this event. Thanks to our friends at Recommind for their generous sponsorship.

Please RSVP below. We look forward to seeing you in Los Angeles!

The worlds of fashion and law have been sewn together to create a niche practice known as fashion law, where lawyers strut their stuff on the catwalk of cutting-edge intellectual property and business matters. Won’t you join the fun?

We are pleased to invite you to an evening of cocktails, canapés, and conversation focusing on the many ins and outs of fashion law. The event will take place in Los Angeles, California on November 12th from 6:30 p.m. to 9:00 p.m. This event will be a great opportunity for attendees to hear legal leaders share their insights on success, meet members of the Above the Law team, and network with peers. Representatives from M Dot Design Studio will be on hand with a rack of clothing that guests can peruse, and will offer accessorizing tips, give out discount cards to all attendees, and raffle off a piece of jewelry for one lucky guest.

Our esteemed panelists confirmed for the event include:

  • Staci Riordan, Chair of the Fox Rothschild Fashion Law Practice Group
  • Jane Wald, Chair of Irell & Manella’s Trademark Practice Group
  • Deborah Greaves, Secretary and General Counsel of True Religion Brand Jeans
  • Erica Alterwitz, Assistant General Counsel of BCBG Max Azria Group Inc.

There is no charge for this event. Thanks to our friends at Recommind for their generous sponsorship.

Please RSVP below. We look forward to seeing you in Los Angeles!

Lady Gaga

* Shine bright like A. Diamond: Howrey’s bankruptcy trustee has secured yet another multimillion dollar settlement for the defunct firm from places like Covington, Kirkland, and Shearman. [Am Law Daily]

* If for some reason you’re still shocked that GCs are breaking up with their Biglaw boyfriends, here’s some additional info on why corporate clients are moving from Biglaw to “big enough” law. [Corporate Counsel]

* Man, this LL.M. program seems like the best of both worlds for foreign students. They can learn U.S. law without ever being with stepping on U.S. soil. Thanks USC Law! [National Law Journal]

* Three more states could legalize gay marriage by the end of the year, making the marriage equality movement 17 states strong, plus D.C. Here’s to an extra fabulous new year. [GovBeat / Washington Post]

* Yaaasss Gaga, oh my God, yaaasss! Lady Gaga settled a suit filed by her ex-assistant for an undisclosed amount, and we bet the number was so high it elicited many an F-bomb. [New York Post]

Liz Murray overcame tremendous odds as she transformed herself from a homeless teen to a Harvard graduate. Her transformation was portrayed in a 2003 Lifetime Television movie, From Homeless to Harvard: The Liz Murray Story, which was nominated for a Primetime Emmy Award. Murray reduced her very personal story to writing in September 2010, in a moving, loving, beautiful autobiography, Breaking Night: A Memoir of Forgiveness, Survival, and My Journey from Homeless to Harvard (affiliate link), which within one week landed on the New York Times bestseller list.

Murray’s accolades are numerous, including The White House Project Role Model Award, a Christopher Award, and Oprah Winfrey’s first-ever Chutzpah Award. Murray is the founder and director of Manifest Living, a company based in New York that aims to empower anyone who has the desire to change their life. She is also a motivational speaker and will be the keynote speaker on November 8, 2013, at the National Association of Women Lawyers’ Ninth Annual General Counsel Institute in New York….

double red triangle arrows Continue reading “From Homeless to Harvard: Liz Murray’s Resilience in Tough and Troubled Times”

The future of elite Biglaw firms?

Historically, the elite Biglaw firms derived safety and security from the knowledge that they could depend on big fees from large institutional clients. After all, where would the big dogs feel confident sending their legal work if not to a giant, white-shoe firm, with a complete support staff and the cream of the law school graduating crop? It encouraged behemoth firms and no small amount of complacency.

No one doubts that we’ve entered a new normal and that Growth Is Dead (affiliate link), but a new study confirms that there’s even more bad news for the top Biglaw firms: GCs simply don’t want them any more…

double red triangle arrows Continue reading “General Counsel Increasingly Dumping The Top Biglaw Firms”

Page 3 of 161234567...16