Thomas Milch, Chair
Yale, JD
Which major law firms offer benefits that cover adoption and/or surrogacy costs? Plus an update on the gay gross-up (aka “tax equalization for same-sex health benefits”).
How much below market are the latest Arnold & Porter bonuses?
* Eric Holder has agreed to serve once more as attorney general during President Barack Obama’s second term, but he still plans to leave at some point — after all, he’s no “Janet Reno of the Justice Department.” [Blog of Legal Times]
* For those who care about Biglaw firms and the landlords who love them, fear not, because there’s a whole lot of moving and shaking in terms of commercial real estate deals for Arnold & Porter, Goodwin Procter, and Sidley Austin. [Am Law Daily]
* Jacoby & Meyers scored at the Second Circuit, and the firm’s legal attack on New York’s ban on non-lawyer law firm ownership was reinstated. Soon Walmart will own a law firm with “Low Prices. Every day. On everything.” [Bloomberg]
* Who’ll be stepping in to fill Evan Caminker’s $457,964 shoes as the next dean of Michigan Law? None other than Mark West, who’d like to improve financial aid and loan repayment programs. [National Law Journal]
* Gun nuts, commence your rioting… now. If passed, Governor Andrew Cuomo’s sweeping gun-control proposal would make New York the state with the strictest gun laws in the country. [WSJ Law Blog (sub. req.)]
* Speaking of needless gun violence, by Friday, we’ll know whether there’s enough evidence to move forward with a trial for James Holmes, the accused shooter in the Aurora movie theater massacre. [New York Times]
You may (or may not) be surprised by how few women sit on the executive committees of the top law firms in the country.
* While Chief Justice of the United States John Roberts made a plea to keep funding for the federal judiciary intact, we learned that student loan default cases have fallen since 2011. You really gotta love that income-based repayment. [WSJ Law Blog (sub. req.)]
* Introducing the Asia 50, a list of the largest firms in the Asia-Pacific region. When it comes to the firms with the biggest footprints, only one American Biglaw shop made the cut. Go ahead and take a wild guess on which one it was. [Asian Lawyer]
* Congratulations are in order, because after almost a year of stalling, Arnold & Porter partner William Baer was finally confirmed by the Senate as the chief of the Department of Justice’s Antitrust Division. [Bloomberg]
* Our elected officials might not have allowed the country to fall off the fiscal cliff, but the American Invents Act was put on hold, so if you’re a patent nerd, you can still be mad about something. [National Law Journal]
* Remember when Rutgers-Camden Law said “many top students” were making bank after graduation? Yeah, about that: Law School Transparency just filed an ABA complaint. [Thomson Reuters News & Insight]
* Here are some law school trends to look out for in 2013. FYI, the applicant pool is smaller because no one wants to foolishly gamble on their careers anymore. [Law Admissions Lowdown / U.S. News & World Report]
* In the latest NYC subway shoving death, a woman was charged with second-degree murder as a hate crime, and allegedly bragged about other hate crimes she’s committed to police. Lovely. [New York Times]
* Next time you’re trapped on a plane that’s literally filled with other people’s crap for 11 hours, don’t bother suing over your hellish experience — you’re going to be preempted by federal law. [New York Law Journal]
Above the Law readers identify the most underrated firms in a wide range of practice areas, from antitrust to bankruptcy to labor and employment to tax….
Which major law firms get top scores for diversity?
* Dewey know whether this revised partner contribution plan will be well received? Well, from the looks of it, the firm’s executive committee members are being asked to repay a greater sum of money, so people will probably be happier. [Am Law Daily]
* Arnold & Porter’s William Baer, the man nominated to lead the DOJ Antitrust Division, received a warm reception from the Senate Judiciary Committee, and it was all because of his “if it ain’t broke, don’t fix it” attitude. [National Law Journal]
* What do you get when you cross a Biglaw patent associate from Steptoe & Johnson with an NFL Redskins quarterback? A pretty cool hobby, and a new Adidas commercial. [Capital Business Blog / Washington Post]
* Up next in this judicial gong show, Madam Justice Lori Douglas’s lawyer has asked the Canadian Judicial Council to recuse itself and terminate the legal ethics inquiry against her client. [Full Comment / National Post]
* You saw this coming: attorneys for the man identified as Victim 2 in the Jerry Sandusky trial have released voice mails allegedly left by the former coach, and plan to use them in a civil suit against Penn State. [CNN]
* A lawyer’s former mistress who attempted to kill his wife on several occasions is expected to take a plea deal today in exchange for a 20-year prison sentence. Sounds like a soap opera plot. [Houston Chronicle]
* “Don’t say another word, because you’re just pissing me off.” Former adjunct law prof Clark Calvin Griffith said some interesting things to a judge during his indecent exposure sentencing hearing. [Pioneer Press]
Dewey & LeBoeuf is preparing itself for the afterlife: it’s shedding overseas offices, sending partners packing, and finding new takers for its real estate (and its pension obligations).
Which firms had the biggest revenue and the highest profits per partner last year, according to the latest Am Law 100 rankings?
| Leverage Attorneys:Equity Partners |
2.1:1 | |
| Hours Expectation Stated/Real |
2000 (1800 billable) /2000 | |
| Compensation | B | |
| Hours | B- | |
| Training | B | |
| Culture & Colleagues | B- | |
| Firm Morale | C | |
56% yes
| Class Year | Salary |
|---|---|
| Bonus Category | Unknown |
| 1 | $160k |
| 2 | $170k |
| 3 | $185k |
| 5 | $230k |
| 6 | $250k |
| 7 | $265k |
| 8 | $280k |
Litigation 59%
Antitrust
Bankruptcy/Restructuring
Environment
Financial Services Regulation
Government: Government Contracts
International Arbitration
IP: Trademark, Copyright & Trade Secrets
Life Sciences
Privacy & Data Security
Product Liability
Real Estate
Vault #22
AMLaw #44
2012 AmLaw Summer Associate National Ranking #24
2012 AmLaw Summer Associate DC Ranking #7
Vault – Best for Diversity – Overall #25
American in NYC Job Fair
American University Washington College of Law
Bay Area Diversity Career Fair
Boston University School of Law
Brooklyn Law School
Columbia Law School
Cornell University Law School New York City Job Fair
Duke University School of Law
Fordham Law School
Georgetown University Law Center
GW Law New York Regional Interview Program
Harvard
Howard
Indiana University Maurer School of Law
Lavender Law Career Fair
Loyola Law School
Loyola Patent Law Interview Program
Mid-Atlantic BLSA Job Fair
Northeast BLSA Job Fair
Northwestern University Law School
NYU
Rutgers School of Law-Newark
Southeastern Minority Job Fair
Stanford Law School
Syracuse University College of Law New York City Interview Program
The George Washington University Law School
UC Berkeley School of Law
UC Los Angeles School of Law
UC Davis School of Law
UC Hastings College of Law
University of Chicago Law School
University of Colorado Law School
University of Denver Sturm College of Law
University of Michigan Law School
University of Pennsylvania Law School
University of Southern California Gould School of Law
University of Texas School of Law
University of Virginia School of Law
Washington University
William & Mary Law School
Yale Law School