Elite law firms and the Mafia would appear to be worlds apart. Biglaw firms represent all sorts of unsavory characters, but these clients tend to steal using computers rather than cudgels. When you wear white shoes, you don’t want to get them splattered with blood.
But there are commonalities. Both Biglaw and Big Crime are large and lucrative enterprises. They’re intensely hierarchical and often ruthless.
There are cultural similarities as well. As noted in these pages by lawyer turned therapist Will Meyerhofer, “Some big law firms are like the mob. They do ugly things, but prefer to avoid ‘ugliness.'” Instead, there’s a lot of indirection and passive-aggressiveness.
So perhaps it shouldn’t be surprising to learn that a leading defense lawyer to Mob figures has joined “the family” — the Biglaw family, that is….
* I’d rather go naked than eat foie gras. (Wait, is that how it goes? Like Pamela, I’ll find any excuse to show off my glorious rack.) [New York Sun]
* Would it have been a crime if the motive had been a little head-start on Thanksgiving preparations? Not everyone can be Rachel Ray. (Thank the F*&king Lord.) [Rutland Herald]
* You can still smoke in your detached, single-family residence, where the only victims will be you and anyone else likely to live in a detached, single-family residence. Like your kids. [San Mateo Daily Journal]
* If I had received this book as a stocking stuffer when I was 12, I actually would be sad I didn’t get socks instead. Let’s wait for the movie, and then only if it is narrated by Morgan Freeman. He’s just so kind and knowing. If you don’t just love him, well then, there is something seriously wrong with you. [Lowering the Bar]
* But you’ll still be able to gamble and pay someone for sex. [KTNV]
* May we recommend a theatrical adaptation of this instead? Cute, but not offensive. (We think.) [Chicago Tribune]
The third time, and the third hung jury, proves to be a charm for former Gambino family crime boss John Gotti (aka “Junior Gotti”). From the New York Times:
[F]ederal prosecutors announced today that they would not seek to retry Mr. Gotti for a fourth time. The decision enshrines the mob dauphin as a defendant even trickier to convict than his father, the Gambino family don, John J. Gotti, who beat the rap three times himself before being found guilty in 1992 and dying in a federal prison hospital 10 years later.
So what now? Is Mr. Gotti going to Disneyworld? Uh, maybe:
Mr. Gotti, who has acknowledged through his lawyers that he ran the Gambino family during stretches of the 1990’s, to return to a life as normal as his name will allow. At the end of his third trial in September, he told reporters he wanted to “move on” and expressed a desire to work with children.
His lawyer, Charles F. Carnesi, said today that Mr. Gotti may turn to academe. “He’s interested in pursuing a degree,” he said. “In social work or counseling or maybe something with the schools.”
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: