Latham & Watkins

Our law firm holiday card contest is still underway, but we’re in the home stretch. Voting closes tomorrow, January 9, at 11:59 p.m. (Eastern time). If you haven’t done so already, review the finalists and vote over here.

In the our earlier post, we promised a post in which we’d (1) give shout-outs to some holiday cards that were strong but narrowly missed our cut and (2) poke fun at some of the Christmas cards we found especially disappointing. Here is the promised post.

Let’s look at some of these honorable and dishonorable mentions. Perhaps your law firm’s card is among them?

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People, here at LEWW we hate reality TV. Really, really, really hate it. It makes us feel bored, uncomfortable, and grossed-out by humanity, all at the same time. We can watch sports, which we suppose is “reality” in some sense, but other non-scripted programming sends us lunging for the remote. Dancing with the Stars? Gagging at the concept. Jersey Shore? Never seen it; sounds appalling. Even the Food Network is too real for us.

And of course, just thinking about those reality wedding shows makes us break out in hives. That said, we are going to be all over the upcoming royal wedding. Step back, Chelsea, this one is going to be the real deal, and LEWW is already counting the days until April 29. Now, to find a legal angle . . . .

On to this week’s couples. We have four finalists for this special Thanksgiving edition of LEWW:

Audrey Christopher and Trevor Austin

Tali Farhadian and Boaz Weinstein

Susan Ambler and Ashley Ebersole

Allegra Glashausser and Michael Price

Read more about these couples, after the jump.

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You have to hand it to the people at Latham & Watkins. Former employees can bitch and moan all they want about being laid-off, but the firm has a certain kind of “star quality.”

Take this story from this month’s American Lawyer. It turns out that when Oliver Stone needed to figure out what was really going on during the height of the recession, he turned to Latham attorneys Alexander Cohen and Brian Cartwright. The lawyers are at Latham now, but their previous government experience gave Stone the inside knowledge he was looking for.

And because of their efforts, Wall Street: Money Never Sleeps will be a much better movie…

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When we filed our last column, we were full of anticipation over Chelsea Clinton’s then-upcoming wedding. And the New York Times did not let us down with its wall-to-wall coverage of the big day. In case you missed it, you can read the NYT on Chelsea’s dress, Chelsea’s wedding planner, the secrecy, the confidentiality agreements, the feeding frenzy, the frustration of the fashion media, the interfaith angle, the rabbi’s spiritual journey, and the reaction in the town of Rhinebeck. Oh, and there’s a slideshow.

And now, on to this week’s couples (we’re including one standout from mid-July that we’d missed):

1. Emma Mittelstaedt and James Burnham

2. Dace Caldwell and Roman Martinez

3. Anne Stephens and Preston Lloyd

Read all about these couples and their exploits, after the jump.

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This was a year of small summer classes. Fewer summer associates mean a greater likelihood that all will get offers… unless a law student does something egregious. (Good news for rising 2Ls: There are signs that next year’s classes will be larger.)

Latham & Watkins and Gibson Dunn had the biggest summer associate classes this year, with 110 law students each. We’re told that Latham gave offers to all of its summer associates. What about Gibson? Will it match Latham one for one? One commenter claims that 24 in the firm’s NYC office have already gotten offers. What about the rest?

We have heard 100% news from a few other brand-name firms. Some came with champagne, others with firm-wide emails…

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Some summer associates are ending their summers on a very positive note. Quite a few firms have already informed law school students that after this summer fling, they’re interested in a more serious relationship.

Since our last round-up of offices extending offers to 100% of their summer associates, we’ve heard from a few more contented summers…

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Partners are on the move, and this time it’s major. Latham & Watkins is losing some serious firepower from its banking group, with the windfall going to Milbank. Am Law Daily reports:

Milbank, Tweed, Hadley & McCloy made a rare venture into the U.S. lateral market Tuesday, announcing that it had lured five Latham & Watkins finance partners, including the co-head of Latham’s banking practice group….

Milbank chair Mel Immergut said the Latham hires will have “an enormously positive impact” on his firm’s leveraged finance practice, while the chair of Latham’s New York office released a statement wishing the partners well and assuring everyone that Latham retains “a very deep bench of talent” in New York, the NYLJ reports.

When banking partners are making major lateral moves, it’s got to be a good sign for the legal economy.

While Milbank was relatively restrained in its public comments to Am Law, the internal Milbank memo obtained by Above the Law shows that the firm is eager to crow about its new talent…

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Last year, we covered a mistake made in a death penalty case by the white-shoe firm of Sullivan & Cromwell. It was a noteworthy development because of the rarity of the occurrence — S&C doesn’t often make mistakes, at least not ones as elementary as missing a deadline — and because of the stakes involved.

Well, the stakes are getting higher: S&C is now seeking SC review. The firm wants the Supreme Court to step in and essentially forgive the firm’s error in missing the deadline to file an appeal. Adam Liptak tells the tale, in the New York Times:

Sullivan & Cromwell is a law firm with glittering offices in a dozen cities around the world, and some of its partners charge more than $1,000 an hour. The firm’s paying clients, at least, demand impeccable work.

Cory R. Maples, a death row inmate in Alabama, must have been grateful when lawyers from the firm agreed to represent him without charge. But the assistance he got may turn out to be lethal.

Please note: that last sentence originally appeared in the august pages of the Times. Despite its tabloid tone — we can imagine an announcer for Inside Edition intoning darkly, “the assistance he got may turn out to be lethal” — it did not appear first in Above the Law. [FN1]

So how did S&C put a man’s life in jeopardy? Let’s descend into the mailroom at 125 Broad Street….

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Pop the Biglaw Bubbly

We feel like we’re taking magic Biglaw pills today and having hallucinatory flashbacks to 2006. The good news has been rolling in. Just today, we covered raises at Sheppard Mullin, and a 100% offer rate for D.C. summer associates at Latham & Watkins.

And over at Am Law Daily, Zach Lowe predicts good things for 2011. There will be more summer associate spots to go around next year, law school kiddies:

On-campus interviewing starts in two weeks at some schools, and early indications are that hiring at premier law firms will jump–in some cases by a lot–after plummeting this summer, according to sources at law schools and firms.

Cravath, Skadden, and Ropes & Gray, among others, plan to hire more warm bodies next summer than this one. This summer was dismal, after all, in terms of summer associate hiring, as demonstrated by these charts from the National Law Journal and Am Law Daily.

The upside of hiring fewer summer associates, though, is an increase in the likelihood of all of them getting hired. We’ve had more reports of 100% offer rates from a few firms today, along with fun ways of spreading the good news. Eyewitness accounts, after the jump.

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A week ago, we reported that Pepper Hamilton surprised its summer associates with 100% offers at a Friday lunch. Now this is a trend we hope catches on.

And maybe it will. Latham & Watkins surprised its D.C. summers during a rooftop extravaganza, yesterday. A tipster reports:

Last night (Thursday), Latham & Watkins’ D.C. office officially extended offers to 100% of its summer associates during an end-of-summer party on the rooftop of the Donovan House–one of the city’s swankiest spots. The offers came unexpectedly, as summers were under the impression that they would be waiting another week or so, until the conclusion of the programs at Latham’s other national offices, to hear about offers.

Well now, that should lighten the mood.

And Latham D.C. even provided a little extra incentive for summers who accepted their offers on the spot…

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