* Aviation lawyer Arthur Wolk, who’s suing Overlawyered and blogger Ted Frank for libel, opposes the filing of an amicus brief signed by star legal bloggers Glenn Reynolds (Instapundit), Marc Randazza (Legal Satyricon), Ed Whelan (National Review Online), and Eugene Volokh (Volokh Conspiracy). His opposition is… kinda crazy. [Volokh Conspiracy]
* If our two recentposts on whether you should drop out of law school weren’t enough for you, here’s more. This part-time law student wants to quit, but her husband is counting on her to “make us rich.” [Reddit]
* If you’re a pot dealer with an iPhone, this app’s for you. [Gawker]
* John Wheeler, adviser to Republican presidents and Yale Law grad, R.I.P. [ABA Journal]
* Charon QC starts off the new year with an epic Blawg Review #292 — on Cicero’s birthday. [Charon QC via Blawg Review]
* Congratulations to… us! We were the top vote-getter in the News category for the ABA Journal’s fourth annual Blawg 100. Thanks to everyone who took the time to register and vote for ATL. [ABA Journal]
Jim Sandman’s article, dishing out harsh criticism of law firm associate pay raises, did not endear him to ATL readers. In a near comments clusterf**k, he was condemned as the greediest of greedy Biglaw partners (along with other epithets not fit for printing here).
Well, maybe Sandman has gotten a bad rap. After all, he was public-spirited enough to serve as president of the D.C. bar. When we met him at this party, one of many charitable functions he attends, he didn’t have horns growing out of his head.
And now we hear that he’s leaving his lucrative partnership, to toil in the considerably less profitable precincts of the D.C. public school system. He’s accepted a position as General Counsel for the District of Columbia Public Schools, and he’ll also be a member of Chancellor Michelle Rhee’s senior leadership team to the DC School Board.
Read the A&P memo announcing Sandman’s departure, from firm chairman Thomas Milch, after the jump.
It’s a busy morning, right before the big Memorial Day holiday weekend. There’s breaking news of associate pay raises from Sidley Austin, Arnold & Porter (hi James Sandman!!!), and Brown Rudnick.
The Sidley Austin memo appears after the jump. The raise to the $160K scale covers Chicago, Dallas, Los Angeles, San Francisco, and Washington. It’s retroactive to May 1.
The Arnold & Porter news was reported by The BLT: Blog of Legal Times. If you have the A&P memo, please email it to us.
We learned of the Brown Rudnick raise by email. We don’t have the memo, but our source sent us a salary table, which also appears below the fold.
Wow. Late Friday afternoon, we briefly discussed an article by D.C. bar president James J. Sandman, a partner at Arnold & Porter in Washington, bemoaning the recent associate pay raises. The article generated a strong reaction, judging from the avalanche of reader comments (75 and counting; mostly insightful, and mostly disagreeing with Sandman).
We emailed James Sandman, offering him space in ATL to offer a further defense of his article. We haven’t heard back from him yet; but if we do, we’ll let you know.
In the meantime, here’s an American Lawyer article that raises similar concerns. It’s a news rather than opinion piece, but the partners quoted in it voice sentiments similar to Sandman’s. Some excerpts:
A partner at Greenberg Traurig was meeting with attorneys from five law firms when he learned that Simpson Thacher & Bartlett had raised associate salaries across the board.
“Every BlackBerry in the room started flashing,” he recalls.
It was 4:30 p.m. on Jan. 22. At least five firms matched the next day, and by the end of the week, the sticker price for a new associate in the New York market was up for the second time in a little more than a year — to $160,000.
The raise surprised competitors and legal consultants alike and caused many to question whether another pay increase makes sense. They point out that pay isn’t associates’ main gripe (uncertain partnership prospects and grueling hours top this list). Robert Link Jr., managing partner of Cadwalader, Wickersham & Taft, goes even further. If improving associate morale was Simpson’s goal, says Link, the raise may do more harm than good.
A higher salary “puts more pressure on productivity and hours,” says Link, exacerbating precisely the quality-of-life issues that make junior lawyers unhappy.
“I don’t know what Simpson was thinking,” he adds.
It’s similar to Sandman’s comment:
“I don’t understand what causes a firm be the first to increase the salary of a brand-new lawyer from an already eye-popping $145,000 to $160,000. There is no competitive advantage in doing so. Other firms will surely follow suit, and the firm that led the market will quickly be indistinguishable from the rest of the pack.”
So, what WAS Simpson thinking? Discussion continues after the jump.
[F]irst-year associate salaries at big firms have gotten to a level where increases are very bad. They are bad for the law firms that pay them, for the associates who receive them, for the clients who foot the bill for them, and for the society we serve.
Sandman takes a swipe at the firm that initiated the latest round of pay raises (Simpson Thacher, cough cough):
I don’t understand what causes a firm be the first to increase the salary of a brand-new lawyer from an already eye-popping $145,000 to $160,000. There is no competitive advantage in doing so. Other firms will surely follow suit, and the firm that led the market will quickly be indistinguishable from the rest of the pack.
To read Sandman’s interesting and provocative argument against the recent raises, click here.
3. Finally, here’s the latest departure from the LIST OF SHAME: Baker & Hostetler.
From a source at the firm:
Baker Hostetler announced raises yesterday effective March 1 (for its New York office only). First-year associates will be making $160K; the managing partner didn’t say how much other classes would be making, but that associates would get letters about next week telling them what their new salary would be.
That leaves, as far as we know, just seven firms on the LIST OF SHAME.
Ms. JD is hosting their 2nd annual cocktail benefit to raise money for the Global Education Fund. The event will be held on August 21, 2014 at 111 Minna in San Francisco. Our goal is to raise $20,000 to fund the legal educations of four dedicated law students in Uganda who count on our support to continue their studies at Makerere University during the 2014-15 academic year.
The Global Education Fund enable womens in developing countries to pursue legal educations who otherwise would not have access to further education. According to the World Bank, investment in education for girls has one of the highest rates of return to promote development. In Uganda, more than 45% of women over the age of 25 have no schooling at all, and men are more than twice as likely as women to have access to higher education. Together, we can work to end educational inequality. For more information about the program, please visit http://ms-jd.org/programs/global-education-fund/
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 seven years. You can reach them by email: email@example.com.
We at Kinney Asia have made a number of FCPA / White Collar US associate placements in Hong Kong / China thus far in 2014. Most of such placements have been commercial litigation associates from major US markets, fluent in Mandarin, switching to FCPA / White Collar litigation. Some have already had FCPA experience, but those are difficult candidates for firms to find (this will change in coming years as US firms are now promoting FCPA / White Collar to their 2L summers who are fluent in Mandarin and have an interest in transferring to China at some point).
Legal Week quoted Kinney’s Head of Asia, Evan Jowers, extensively in the following relevant article here.
There is a new trend in the market, though, where mid-level transactional US associates, fluent in spoken Mandarin and written Chinese, are interviewing for and in some cases landing junior FCPA / White Collar spots in Hong Kong / China at very top tier US firms.
When the LexisNexis Cloud Technology Survey results were reported earlier this year, it showed that attorneys were starting to peer less skeptically into the future, and slowly but surely leaning more toward all the benefits the law cloud has to offer.
Because let’s face it, plenty of attorneys are perhaps a bit too comfortable with their “system” of practice management, which may or may not include neon highlighters, sticky notes, dog-eared file folders, and a word processing program that was last updated when the term “raise the roof” was still de rigueur.