The website of Irell & Manella touts the firm as “An Elite CA Law Firm.”
Immodest? Perhaps. But true, insofar as Irell pays its associates as “an elite CA law firm” should.
The Irell & Manella pay raise memo, after the jump.
A few weeks ago, we reported that Kirkland & Ellis’s Los Angeles office has raised the starting salary for its new associates to $145,000.
For those of you who don’t believe anything until it appears in the MSM, you can now rest easy. From today’s Recorder:
Chicago-based Kirkland & Ellis confirmed to The Recorder last week that it has upped its California offices to start at $145,000.
The article also reports that Irell & Manella has joined the $145,000 club, paying its first-year associates in Los Angeles the standard going rate for New York.
The question now becomes whether (and when) the so-called “Big Three” of L.A. law firms — Gibson Dunn & Crutcher, Latham & Watkins, and O’Melveny & Myers — will match. Rumor has it that Latham is “reconsidering” whether to raise to $145K (a movie it had previously ruled out doing in 2007).
If you hear anything on that front, please share what you know. Thanks. Irell and Kirkland Hit $145K Mark [The Recorder via Law.com] Re: Kirkland goes to $145k in LA/SF [Infirmation / Greedy LA] Earlier: Skaddenfreude: Kirkland LA Ups the Ante
Oodles of juicy moves today, especially out of and into the federal government. As the leaves change, so do the lawyers. Government to Private Sector:
* Federal prosecutor John Hueston, a leader of the team that prosecuted Enron execs Kenneth Lay and Jeffrey Skilling, is heading for the greener pastures of Irell & Manella.
All around the country, AUSAs with white-collar criminal experience are leaving U.S. Attorney’s Offices — including our former workplace — for the more lucrative precincts of private practice. The trend is especially pronounced in the legendary Southern District of New York, as noted by Anna Schneider-Mayerson. Private Sector to Government:
* Corporate and securities lawyer Michael Halloran, a partner at Pillsbury Winthrop, has been appointed to serve as deputy chief of staff and counselor to Christopher Cox, chairman of the U.S. Securities and Exchange Commission. Lateral Moves:
* Broker-dealer compliance specialist Steven Lofchie, to Cadwalader, Wickersham & Taft, from Davis Polk & Wardwell. (In this day and age, compliance is a hot area. We’re guessing Lofchie got offered a nice deal.)
* Tax lawyer John Narducci, to Orrick, Herrington & Sutcliffe, from White & Case.
* IP lawyer Robert Wasnofski Jr., to Dorsey & Whitney, from Baker Botts.
* M&A lawyer Sandy Feldman, to Kirkpatrick & Lockhart Nicholson Graham, from Torys. Retirements:
* Plaintiffs’ lawyer Alan Schulman, of Bernstein, Litowitz — and formerly of the indicted Milberg Weiss — is retiring at the end of the year. Not Going Anywhere — Yet:
* Apple CEO Steve Jobs and HP CEO Mark Hurd are sticking around — despite the problems that their companies face. NY Practice Leader Leaves One Elite NY Firm for Another [NYLawyer.com] More NY Partners Switching Firms [NYLawyer.com] Milberg Weiss: Merger Talks Break Down; An Alum Retires [WSJ Law Blog] Enron Prosecutor John Hueston to Join Irell & Manella [WSJ Law Blog] The Gang That Shot Straight Is Disbanding, For a Profit [New York Observer]
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We currently have a number of active openings for associate roles at US and UK firms in HK / China, Singapore and two new in-house openings. As always, please feel free to reach out to us at asia@kinneyrecruiting.com in order to get details of current openings in Asia, as well as to discuss the Asia markets in general and what we expect for openings later this year. Our Evan Jowers and Robert Kinney will be in Beijing the week of March 25 and Evan Jowers will be in Hong Kong the week of April 1, if you would like to meet them in person.
The US associate openings we have in law firms are in the usual areas of M&A, cap markets, FCPA / white collar litigation, finance, and project finance. The most urgent of our top tier (top 15 US or magic circle) law firm openings in Asia (among many other firm openings that we have in Asia) are as follows:
• 2nd to 5th year mandarin fluent M&A associates needed in Beijing and Hong Kong at several firms;
• Korean fluent 2nd to 4th year cap markets associate needed in Hong Kong;
• 2nd to 5th year Japanese fluent M&A associates needed in Tokyo;
• 4th to 6th year mandarin fluent cap markets associate needed in Hong Kong;
• 2nd to 4th year M&A / cap markets mix associate needed in Singapore.
The last time I flapped my wings your way, I tried to make at least enough noise about your mobile phone to make you more than a little bit uncomfortable. I hope I did. If enough of us become anxious enough about the known and unknown unknowns and knowns in our mobile phones, then we can start making wise decisions about how to manage that information and its resultant investigations.
Today, I’d like to put a finer point on the last installment’s topic by asking a question that seemed to catch most attendees off-guard at a conference panel that I moderated last week: is there discoverable personal information in a mobile app? Our panelists’ answer was a uniform “yes” with one stating that, if he had to choose only one type of data that he could discover from a mobile phone, he’d choose app data. Why? Because there’s simply so much of it and because almost all of it is objective – not just user-created like an email – but machine-tracked like GPS, usage duration, log in and log out times, browsed web addresses, browsed actual addresses. Also, most of us seem to have the idea that data doesn’t actually “stick” to our mobile devices the way it “sticks” to our hard drives. Maybe there’s a disconnect based on the fact that our phones are mobile so we assume the data is mobile to?
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