Above the Law

Recent Headlines from Above the Law

 

Pillsbury’s so lonely these days.

* “Without the formation of character, the rest is futile.” An Article III judge’s take on the law school crisis. [Simple Justice]

* Because nobody likes sloppy seconds, the merger talks between Pillsbury Winthrop and Dickstein Shapiro are now off the table. [Thomson Reuters News & Insight]

* David Tresch, an ex-Biglaw CIO, was indicted last week on wire fraud charges. “Bitch better give me back my money,” said Mayer Brown. [ABA Journal]

* Does Jeffrey Toobin understand the Voting Rights Act? This law professor seems skeptical. [PrawfsBlog]

* Praise the Lord and pass the ammunition, because this Saturday is Gun Appreciation Day. Go celebrate your Second Amendment rights — but do it responsibly, please! [Volokh Conspiracy]

* Remember Ryan Chenevert, the young lawyer who took home the title of Cosmo’s Bachelor of the Year for 2012? Check out the very tongue-in-cheek interview this hottie did with 225 Magazine, after the jump….

double red triangle arrows Continue reading “Non-Sequiturs: 01.14.13″

* Change may be coming soon in light of the Newtown shooting, but any talk about new federal restrictions on guns will hinge on the Supreme Court’s interpretation of the Second Amendment through the lens of the Heller case. [National Law Journal]

* Joel Sanders and the Steves are facing yet another “frivolous” lawsuit over their alleged misconduct while at the helm of the sinking S.S. Dewey, but this time in a multi-million dollar case filed by Aviva Life and Annuity over a 2010 bond offering. [Am Law Daily]

* Always a bridesmaid, never a bride: Pillsbury has had the urge to merge since February, and now the firm may finally get a chance to walk down the aisle with Dickstein Shapiro. [Thomson Reuters News & Insight]

* Income-based repayment is a bastion of hope for law school graduates drowning in student loan debt, but when the tax man commeth, and he will, you’ll quickly find out that the IRS doesn’t have IBR. [New York Times]

* Is the premise of graduating with “zero debt” from a law school that hasn’t been accredited by the ABA something that you should actually consider? Sure, if you don’t mind zero jobs. [U.S. News and World Report]

* Daniel Inouye, Hawaii’s Senate representative for five decades and a GW Law School graduate, RIP. [CNN]

I got an offer!

The summer of 2012 brought a great deal of worry for Biglaw’s summer associates. Would they receive offers of permanent employment after all of their hard work? (And by “hard work,” we of course mean completing work assignments amid multiple forays into the world of being wined and dined.) In fact, this year’s summers were so anxious about whether they’d get an offer that their average “worry level” was higher than it had been since the height of the recession.

But as it turns out, all of their worry was for naught, because nearly all firms indiscriminately doled out offers like they were going out of style. According to the American Lawyer’s Summer Hiring Survey, responding firms hired 15.5 percent more summer associates this year than they did in 2011. That said, while things seem to be looking up, that doesn’t mean that all firms handed out offers like candy.

When we last spoke about summer associate offer rates, we wanted to know which firms had low offer rates. Now, thanks to Am Law, we’ve got some dirt for you. Which firms fell below the 100 percent mark?

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The law firm of Fulbright & Jaworski is a leader in many fields — at least 31 of them, according to the latest Chambers rankings. In addition to recognizing Fulbright as a leading firm in 31 categories, the influential Chambers guide also named 99 Fulbright lawyers as leading individuals in their practice areas.

Fulbright excels in other areas well — for example, social media. It is one of the few major law firms that knows how to use Twitter.

Alas, these days the firm is also a leader in a less appealing arena: staff layoffs. Last October, the firm laid off at least a dozen employees.

And now it seems that more reductions might be on the way. Could Fulbright be trying to slim itself down in advance of a merger with another firm?

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(And could a merger be in the works?)

Last week, we discussed the effort by Dewey & LeBoeuf to hold on to departing partners by enforcing its 60-day notice requirement. Partners that leave without complying with the requirement can miss out on profit distributions.

Alas, the response of many partners seems to be, “So what?” Yesterday brought word of about eight partners leaving Dewey. And since our story this morning about Dewey’s tax-time troubles, even more defections have been announced.

So who are the latest lawyers to leave, and where are they going?

double red triangle arrows Continue reading “Dewey Have A Way To Stop The Partner Hemorrhaging? Energy Lawyers Exit”

The last we heard from Fulbright & Jaworski and Pillsbury Winthrop, the former was busy conducting staff layoffs, and the latter was exploring on-shore outsourcing options. Today, we have bigger and more exciting news: the two Biglaw firms may be headed to the altar.

What would a combined firm look like? Fulbright has approximately 900 lawyers, while Pillsbury has a little under 700 lawyers. If the rumors are true, then we could be looking at a gigantic, global mega-firm — a veritable army of lawyers marching at roughly 1,600 strong.

But what stage are the firms’ merger discussions in? Is this a sure thing?

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Hot on the heels of support staff layoffs and on-shore outsourcing efforts at O’Melveny & Myers, we have news of another law firm doing the exact same thing. Except this law firm has figured out a way to do it with half the tears and way less relocation angst.

On-shore outsourcing might be better for the American economy than sending the jobs overseas, and Pillsbury Winthrop has figured out a way to do it that doesn’t involve shipping people to the third world country known as “West Virginia.”

Pillsbury is moving staff operations farther south, and the firm is bringing some of its executives with it, too….

double red triangle arrows Continue reading “Is On-Shore Outsourcing the Biglaw Wave of the Future?”

The spinning of the revolving door at the beleaguered Howrey law firm is making our heads spin here at Above the Law. Keeping track of all the partner departures is becoming quite the challenge. We’ve collected some links about the latest partner defections, after the jump.

At this rate, it’s not clear how many lawyers will be left for “rescue” by white knight Winston & Strawn. (Protip: check the armor for bedbugs.)

Here’s some new (but hardly surprising) information: Howrey has canceled its summer program. Yes, the famous Howrey Bootcamp, touted by the firm as “[f]ar more intense and rewarding than traditional summer associate programs,” and offering “an entirely unique approach to associate recruitment and training.”

Bootcamp participants received intensive litigation training — and inspirational poetry from firm CEO Robert Ruyak, which we share with you below….

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Steptoe pwns burger joint.

This afternoon brings some major news for hamburger lovers in the nation’s capital. In the lawsuit brought by Steptoe & Johnson against Rogue States Burgers, in an effort to stop Rogue States’ rogue smells from infiltrating law firm airspace, Big Law has triumped over big beef patties. Judge John M. Mott of D.C. Superior Court just ruled that the burger fumes from Rogue States must be abated immediately.

Judge Mott ordered Rogue States to stop its grilling operations by the end of today. Due to the unavailability of easy solutions to the smell problem — an alternate ventilation plan has been nixed by the building landlord — Judge Mott “effectively issued a death sentence for the Dupont Circle burger joint,” as noted by Tim Carman of the Washington City Paper.

A disconsolate reader emailed this reaction to us: “sad. i am pleading to obama, burger lover president, to intervene.”

(Don’t hold your breath. Despite his willingness to talk to them without preconditions, Obama isn’t known for his love of Rogue States. We’re not talking about Ben’s Chili Bowl.)

It would be easy to snark on a large white-shoe law firm — represented by another large law firm, Pillsbury Winthrop — going to court to beat up on a local burger joint. But Steptoe might be a more sympathetic plaintiff than some might think….

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Clare Lenore Stoudt, a 35-year-old mother of five, was found dead in her home over the weekend. Stoudt was a tax associate at Pillsbury Winthrop. According to the ABA Journal, authorities believe that Stoudt may have been the victim of a murder-suicide:

The father of her three youngest children, Reginald Van Graves, 49, also was found apparently shot to death in the Howard County home, and a gun was in the vicinity, authorities say. A custody case over the three children, aged 2, 5 and 7, had begun less than a week earlier in Howard County Circuit Court.

The Howard County Times reports that police say the deaths may have been a murder-suicide. Autopsies have not yet been completed, however, and the investigation has not concluded.

Christine Kearns, managing partner for Pillsbury’s D.C. office, released the following statement for the firm….

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