King & Spalding

100 dollar bill Above the Law Above the Law law firm salary legal blog legal tabloid Above the Law.JPGToday was a little more interesting than yesterday. A few announcements were made — or were finally brought to our attention and confirmed, if they were made previously.
After the jump, more information about DLA Piper, Katten Muchin Rosenman, King & Spalding, and Jones Day (Atlanta).
(And, of course, your comments.)

double red triangle arrows Continue reading “Skaddenfreude: A Few Announcements, End of Day Open Thread”

Here’s the King & Spalding memo. As our source points out, “King & Spalding matched — but NYC only, which leaves an 8th-year in their Atlanta office making less than a 1st-year in their NY office.”
Correction/Update: This is actually a disputed matter. According to this comment, a first-year in New York ($160K) makes more than a sixth-year in Atlanta ($155K), but not an eighth-year ($170K). The point remains, however, that K&S’s New York associates earn significantly more than their colleagues at the Atlanta mother ship.
From: Hays, Robert
Sent: Thursday, January 25, 2007 6:32 PM
To: [New York associates]
Subject: Increase in Salaries for New York Partner-Track Associates
Please see the attached announcement regarding changes to base salaries for our New York partner-track associates.
King Spalding King Spaulding pay raise associate base salary memo.JPG

musical chairs above the law legal blog above the law legal tabloid above the law legal gossip site.GIFA few moves within the legal profession worth noting:
Legal Academia:
* Tax law professor Neil Buchanan, to GW, from Rutgers-Newark, effective January 2007. (Gavel Bang: TaxProf Blog.)
Lateral Law Firm Moves:
* Corporate lawyer Carey Schreiber, to Winston & Strawn, from Dewey Ballantine.
* Corporate lawyer Jeffrey Katz, to Dechert (as a partner), from Milbank Tweed (where he was a senior attorney).
New Partners:
* King & Spalding has named twelve new partners. Have a friend who was up this year? See if they made it by reviewing the firm’s press release.
Although they don’t involve moves, while we’re on the subject of law firm employment (and King & Spalding), here are two interesting items from the WSJ Law Blog:

1. Power Brothers Ascend to the Top of Hotlanta’s Legal Scene: Two brothers, Robert Hays and Richard Hays, will be heading Atlanta’s two largest law firms, King & Spalding and Alston & Bird.

This will take effect as of 2008, when Richard Hays takes over as Alston & Bird’s managing partner. Robert Hays is currently chair of King & Spalding. See also here.

2. Spurned Orrick Associate Sues Firm: “At the same time that it’s talking merger with Dewey Ballantine, west-coast powerhouse Orrick, Herrington & Sutcliffe is defending a suit by a former associate who claims the firm fraudulently promised to make him a partner.”

Buchanan to Leave Rutgers for GW [TaxProf Blog]
NY Partners Switching Firms []
NY Associates Making Partner []
King & Spalding Announces Twelve New Partners [King & Spalding]

musical chairs above the law legal blog above the law legal tabloid above the law legal gossip site.GIFToday’s big move is from the government to the private sector:
* Renowned Enron prosecutor Sean Berkowitz, to the Chicago office of Latham & Watkins. The much-anticipated move took place after the young legal superstar was wooed by many other top firms. Berkowitz will be an equity partner at Latham, where profits per partner clock in at $1.6 million — at least ten times what he earned as an AUSA.
(Berkowitz, you may recall, was dating financial reporter Bethany McLean, who covered the Enron trial for Fortune magazine. Anyone know whether they are still an item — and if so, how serious? Partner profits are great for buying engagement rings.)
The boom in white-collar criminal prosecutions has created lots of job opportunities for government lawyers. Another notable move: former SEC lawyer David Mittelman, headed for the San Francisco office of Reed Smith.
New Partners:
* Cleary Gottlieb, aka Clearly Goatlips — we hadn’t heard that one before, it’s a good one — names eight new partners and six new counsel. No word on whether a swimming test was required.
Here’s the firm’s press release. See if you know any of these soon-to-be millionaires.
Lateral Moves:
* Patent prosecutrix Margaret Brivanlou, to King & Spalding (NY), from Jones Day. (She joined Jones Day when it gobbled up much of what had been IP boutique Pennie & Edmonds.)
* Litigator Daniel Murdock, to Fulbright & Jaworski (NY), from Winston & Strawn (where he formerly chaired the New York litigation practice).
New Firm:
* Charles Ross, former head of the white-collar practice at Herrick Feinstein, has left to start his own firm. Charles A. Ross & Associates will handle criminal defense and some civil cases. Ross is also a former law partner of the Diddy-defending Benjmain Brafman, go-to guy for celebrities with legal problems.
Cleary Gottlieb Announces 14 New Partners and Counsel Worldwide [Cleary Gottlieb]
Enron Prosecutor Berkowitz Joins Latham & Watkins [WSJ Law Blog]
Firm Nabs SEC Attorney []

musical chairs above the law legal blog above the law legal tabloid above the law legal gossip site.GIFNew Partners:
* Sullivan & Cromwell: Jeffrey Chapman, Michael Escue, Hydee Feldstein, Stacey Friedman, Brian Hamilton, Julia Jordan, Eric Kadel, Jr. and Juan Rodriguez.
The partnership promotions will be effective January 1, 2007. Congratulations, kids!
Like many other top New York firms, Sullivan still has a single-tier partnership structure. All partners are equity partners.
And all S&C partners are doing very well for themselves. In 2005, the firm enjoyed average profits-per-partner of $2.4 million. See here (subscription required).
Lateral Moves:
* Private equity lawyer Stephen Culhane, to Linklaters (10 points — Magic Circle!!!), from King & Spalding.
Government to Private Sector:
* Harry Sandick, to Jenner & Block, from the venerable S.D.N.Y. U.S. Attorney’s Office (where he served as deputy chief appellate attorney and, before that, as acting chief of the violent crimes unit).
* Hawyood Haywood Gilliam, to Bingham McCutchen, from the well-regarded San Francisco U.S. Attorney’s Office (N.D. Cal.).
[Ed. note: See this comment, and this juicy article. It appears that the office has slipped in the past few years.]
Haywood Gilliam headed the securities fraud section of the U.S.A.O. and worked on various stock options backdating cases. His move to private practice is timely, given the explosion of backdating scandals in Silicon Valley. But Gilliam will presumably be conflicted out of a bunch of cases that he worked on while at the U.S. Attorney’s Office.
UK Firm Adds Another NY Partner []
Former Federal Prosecutor Joins Firm in NY []
In Timely Hire, Firm Grabs Backdating Prosecutor []

musical chairs above the law legal blog above the law legal tabloid above the law legal gossip site.GIFA number of big-ticket moves to report today. The most notable involve government lawyers:
Government to Private Sector:
* Debra Wong Yang, the U.S. Attorney for the Central District of California (Los Angeles), has resigned from the USAO. She’s headed to Gibson, Dunn & Crutcher, as a partner (duh). Ka-ching!
Yang will work out of the firm’s L.A. office. She will co-chair its Crisis-Management Group, along with former Solictor General Theodore Olson and another former federal prosecutor, Randy Mastro.
At Main Justice:
* Jonathan Cohn (OT 2000/Thomas) is now the Deputy Assistant Attorney General for Civil Appellate. He was previously the DAAG overseeing the Office of Immigration Litigation (and will continue to discharge that duty until a successor is found).
rachel brand jonathan cohn.JPGAt right: Jonathan Cohn and his wife, Rachel Brand (OT 2002/Kennedy), the Assistant Attorney General for the Office of Legal Policy. Although his portfolio has changed (and we’d say for the better), he doesn’t have to get new business cards, since he’s still a DAAG.
Out the Door:
* Casualties of the stock options backdating scandal: Stuart Nichols, former general counsel of KLA-Tencor, and David Lubben, former general counsel of UnitedHealth.
Lateral Moves:
* Corporate lawyer Arthur Hull Hayes III, to Sonnenschein Nath & Rosenthal, from Dewey Ballantine.
* Technology, media, and telecom lawyer Carole Aciman, to Greenberg Traurig, from Hughes Hubbard & Reed.
* King & Spalding: The intellectual property practice acquires five new lawyers: Kenneth Sonnenfeld (NY) and John Harbin, Tony Askew, Steve Schaetzel, and Jim Johnson (in Atlanta). They came from Morgan & Finnegan (Sonnenfeld), Powell Goldstein (Harbin), and Kilpatrick Stockton (Askew, Schaetzel and Johnson).
And Another One Gone, And Another One Gone… [WSJ Law Blog]
L.A. U.S. Attorney Debra Yang Resigns; Will Join Gibson Dunn [WSJ Law Blog]
NY Partners Switching Firms []
More NY Partners Switching Firms []

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