We suppose it’s fitting that on Yom Kippur, when our Jewish friends are fasting at home, today’s Legal Eagle Wedding Watch is a total WASP-fest. (Last weekend was Rosh Hashanah, which explains the unusual dearth of Jewish nuptials in the NYT announcements.) We look forward to receiving plenty of tasteful feedback about how there are “too many gentiles” this week.

Here are your six finalists — all Biglaw associates, as it happens:

1. Elisabeth Madden and Wesley Mullen

2. Ann Parker and Robert McKeehan

3. Emily Harris and Matthew Mauney

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

As we roll through the next segment of the 2010 Vault rankings, we get into some firms that have been caught testing the stealth layoff waters. To refresh your memory, here is the next list of firms:

31. Milbank Tweed Hadley & McCloy
32. Paul Hastings Janofsky & Walker
33. Akin Gump Strauss Hauer & Feld
34. Fried Frank Harris Shriver & Jacobson
35. Winston & Strawn
36. Allen & Overy
37. Willkie Farr & Gallagher
38. Freshfields Bruckhaus Deringer
39. Baker Botts
40. Munger Tolles & Olson

Check out the big move by Munger. It’s up 11 spots on this year’s list. And let’s not forget about the firm’s #1 A-List ranking by Am Law earlier this year. Munger’s managed to do all of this without laying off a massive number of associates. Hopefully other Biglaw firms (and current 2Ls) will take note.

We know people have strong opinions about some of the firms on this list. Let’s get into them after the jump.

According to a well placed source, Milbank has decided to cancel its 2010 summer program for its Los Angeles office.

We understand that the firm will still be inviting summer associates to join them in New York and Washington, D.C. The firm did not respond to our immediate request for comment.

According to NALP, there are 83 lawyers at Milbank, L.A. We don’t know if that number has been updated since the firm laid of 49 attorneys (and 40 staff) back in May. In the past, the L.A. office has employed around 10 summers per year.

From a certain point of view, canceling at least a portion of the summer program could be the honorable thing for Milbank to do. A number of first years were let go in Milbank’s latest round of layoffs. At least the firm isn’t throwing away perfectly good fruit and then heading right back out to the grove.

Of course, the class of 2011 isn’t really concerned with how laid-off attorneys feel right now. The Milbank news is just another indication that things are going to be very difficult for 2Ls this fall.

Earlier: Nationwide Layoff Watch: 89 Down at Milbank
Milbank Layoffs Follow-Up
Ballard Spahr And Thompson Hine Cancel Their 2010 Summer Programs
Morgan Lewis Cancels 2010 Summer Program

Last Monday, we reported that Milbank laid off 89 people. Milbank did not respond to our requests for comment for that story, but when one tipster asked firm management how many people were laid off from the firm, the tipster was told to “check the blogs.”

We take our responsibility on that front seriously, and so we have some additional information to report. In our initial report, we said that first years were not laid off by Milbank. Apparently, that statement was in error. We have since received numerous reports from sources claiming that first years were in fact laid off last Monday. Many of those reports were from laid off first years. this report is exemplary of many we received:

Screw you MysTTTal. Milbank did lay-off first years. At least 10 firm wide. Take the hot comb out of your hair and do some real reporting.

Once again, I’m a guy. And I only put natural juices and berries in my hair.

Another laid off first year reports:

The firm did in fact give us 3 months severance but today’s news came as a major shock and seem to have been prompted by the arrival of summer associates this coming Monday.

Laying off first years is one thing. But did Milbank also lay off a pregnant woman on maternity leave? Somebody cue up the Shinyung Oh music, after the jump.

Back in January, we asked if Milbank was laying the ground for stealth layoffs. The firm changed its annual review process, and associates were concerned. At the time a firm spokesperson suggested there was nothing to worry about:

We did an overhaul of our evaluation system in late 2007 to early 2008 that was part of a broader firm excellence initiative. The new review process was designed to encourage excellence and provide more meaningful feedback, forward-looking career guidance and greater focus to the professional development of our associates.

Today, associates received some very “meaningful feedback,” as 49 of them were let go.

The firm also laid off 40 staffers as part of today’s cuts.

We understand that while all departments were affected, general corporate was the hardest hit.

Milbank spokespeople did not respond to an immediate request for comment, so we don’t know if these layoffs will be called economic or performance based. But we also understand that there is a full memo going around explaining all of the moves, we’ll post it when we get it.

Good luck to the 89 Milbank people let go today.

Update (5:08): A tipster reports this additional information:

No first years were affected. All were told that it was NOT performance based, but due to the lack of work. They were very civil about it. Last day of work is Friday (conveniently, the day before the summer associates start on Monday). Severance is 3 months, plus accrued vacation.

Earlier: Is Milbank Setting Up For Stealth Layoffs? Not According to Milbank

If you’re a 3L or a clerk with a Biglaw job offer, congratulations. If you were hoping for a traditional start date in the fall, you may be a little disappointed though. Many a firm has pushed its start date for incoming associates into 2010.

Yesterday, Milbank Tweed informed associates that it’s pushing back start dates from October 2009 to January 2010. From a tipster:

This was done [Monday] afternoon by phone from partners (probably from the practice groups where incoming associates are slated to go) and an email went out later. Old Start Date: Oct. 19, 2009. New Start Date: January 25, 2010. $10,000 stipend + the $10,000 you can get as a salary advance + moving expenses + bar expenses.

Incoming associates at Arent Fox and Fulbright & Jaworski are also reporting that their start dates have been pushed back to January 2010. A spokesman from Arent Fox tells us that a lucky few still have the option to start this year though:

A number of third-year law students who were offered a position with Arent Fox will start on November 1, 2009 as previously planned. The remaining 3L students offered a position with Arent Fox have had their start dates deferred until Feb. 1, 2010…. Arent Fox is providing a stipend plus bar exam fees for those whose start date has been deferred.

We’ve got a round-up of start dates at over 20 Biglaw firms after the jump, most of them set to welcome new associates in 2010. We invite you to supplement start date information in the comments, or by e-mailing us with “Start Date Watch” in the subject.

Last summer, we started an official Nationwide Start Date Watch as a few firms decided to trim costs by delaying the start dates for incoming associates. Why bring in new kids at $160,000 a pop when there’s no work to give them?

In 2008, Powell Goldstein, Thelen, Thacher, and Heller pushed their start dates back to January ‘09 (though it was not enough to save the latter three firms); Seyfarth Shaw, K&L Gates, Shearman, and DLA Piper pushed their start dates back from September to October; Pillsbury pushed back to October, with bonus incentives offered to those who were willing to start even later; and Sonnenschein and WolfBlock asked associates to start in November.

This summer, firms may not have to “delay” start dates. Based on reports from a few 3Ls, it looks like late fall may be the new norm for start dates.

Start dates are in late October for new associates at Clifford Chance and Milbank Tweed, and November for new associates at Morrison & Foerster. (Though with Wednesday’s layoff news, MoFo-bound law grads are just happy to have start dates.)

Later start dates are good news for those who want to take nice, long bar trips, and bad news for those who want to start building their bank accounts as soon as possible. We’re wondering how widespread this trend is. If you’re a 3L with an offer letter in hand, please take this poll about when you’ll be officially entering Biglawdom.

Earlier: Previous ATL coverage of Start Dates

As we’ve pointed out in the past, it’s difficult to tell the difference between “normal business practices” and “stealth layoffs” in these difficult economic times. Milbank has made a change in their annual review process, but what that means — if anything — is anyone’s guess.

At this point, we don’t know if Milbank is planing any attorney reductions. But our tipsters report these early warning signs:

Milbank sent an email around to all junior and senior associates that the performance review cycle would begin tomorrow. They moved the review up by 6 months. The reviews are normally done annually and the normal review period for juniors and seniors is June. Apparently the firm can’t wait that long to shed attorneys. …

Milbank has laid the groundwork for stealth layoffs.

But Milbank told us that this change has been a long time coming. A firm spokesperson told ATL:

We did an overhaul of our evaluation system in late 2007 to early 2008 that was part of a broader firm excellence initiative. The new review process was designed to encourage excellence and provide more meaningful feedback, forward-looking career guidance and greater focus to the professional development of our associates. The roll-out of our new evaluation process was communicated to our associates in April 2008. This included split timing with a cycle for junior and senior associates commencing in January and another cycle for mid-level associates commencing in August. Last year, we started our junior/senior cycle in April simply due to planning and timing issues. The January start we are doing this year was the exact timing contemplated by our announcement to our associates last April.

Either way, we’d encourage Milbank associates to take the review process seriously this year.

Earlier: In This Market: Are You Getting Laid Off or Fired? A Kaye Scholer Case Study

The terrorist attacks in Mumbai reminded everyone that we live in a dangerous world. But as India takes the steps necessary to improve its homeland security, we shouldn’t expect the tragedy to stem the tide of outsourcing American legal functions to Indian companies.

The National Law Journal reports that firms are increasingly proud of their outsourcing initiatives:

As outsourcing becomes more commonplace and corporate counsel and law firms are under increasing pressure to reduce costs for clients, law firms such as Baker & McKenzie; Greenberg Traurig; Milbank, Tweed, Hadley & McCloy; and Shapiro Sher Guinot & Sandler are actually touting at conferences the benefits of outsourcing.

Baker & McKenzie was the last best hope for Heller Ehrman, Greenberg Traurig is conducting stealth layoffs, and Millbank just announced Half-Skadden bonuses. But their outsourcing operations are thriving.

And the wave of firms outsourcing legal services to India is only going to get bigger:

Forrester Research projects that legal outsourcing to India will reach $4 billion by 2015. Some experts, however, find that number too low and others too high. Regardless, other numbers don’t lie — there are an estimated 800,000 lawyers in India and nowhere near that many jobs. Attorneys there charge, on average, $35 an hour, or no more than half of what an upper paralegal or lower-level associate bills, and up to three times less than an upper-level associate’s time.

After the jump, will global terrorism have a chilling effect?

A match of Cravath — no surprise there. There’s not much suspense left to this process (with the possible exception of what S&C and maybe Weil will do).

From a Milbank tipster:

What is funny is all the false Milbank “no bonus” rumors, posted as comments to other posts (e.g., here), probably made associates here less upset, if anything, when the real announcement came out.

I’m sure there will be a spectrum of reactions. I’m not upset, but my expectations were not unrealistic to begin with.

Memo after the jump.

Former Capitol Hill staffer/sex blogger/author/bankrupt babe Jessica Cutler has taken a husband. According to the Washington Post:

Jessica Cutler, 30, the Hill aide turned “Washingtonienne” sex blogger turned author, to Manhattan lawyer Charles Rubio, 28. … The couple plan to wed at New York City Hall on an early December weekday, followed by a happy-hour reception. (Not pregnant, in case you’re wondering.) How’d they meet? “Randomly in a bar,” Cutler told us. “I wish I had a more romantic story to tell you!”

Isn’t that always the way? You write stories about the exciting escapades of others while you yourself marry a lawyer you met in a bar. Yawn.

The lucky man after the jump.

In connection with on-campus interviewing season, we’re giving you a chance to assess the firms that made this year’s Vault 100 list of most prestigious law firms. The previous open threads listed firms in groups of five, but to up the pace, we’ll list them by ten from here on out. Here’s the next group, with prestige scores in parentheses:

21. O’Melveny & Myers LLP (6.815)
22. Clifford Chance LLP (6.772)
23. Jones Day (6.763)
24. Morrison & Foerster LLP (6.657)
25. Hogan & Hartson LLP (6.579)
26. Linklaters (6.574)
27. Milbank, Tweed, Hadley & McCloy (6.512)
28. Ropes & Gray LLP (6.501)
29. Mayer, Brown, Rowe & Maw LLP (6.494)
30. Paul, Hastings, Janofsky & Walker (6.481)

We note Magic Circle firm Linklaters making a big leap from the high 30s in the 2008 list to #26 this year — perhaps because its “notable perks” include group retreats to Europe, a drinks trolley, and an on-site doctor and dentist.

Compare. Contrast. Discuss. Thanks.

Earlier: Vault 100 Open Threads - 2009

On Tuesday, we wrote about staff attorney layoffs at Milbank Tweed Hadley & McCloy. As a commenter on our post noted, yesterday the firm sent around an email disputing our account:

From: David R. Gelfand
Sent: Thursday, April 17, 2008 3:20 PM
To: #Litigation Non Partner Attorneys US; #Litigation Partners US
Cc: Sikora, Michael; Green, Valerie
Subject: Discovery Attorney Program

Several of you have asked about rumors that we have disbanded our Discovery Attorney Program. The rumors are absolutely not true.

If you need assistance from our Discovery Attorneys, please contact [xxxx].

Thanks.

David

We would have appreciated it if Milbank had responded to the multiple inquiries we made of them prior to running the post, instead of responding indirectly and after-the-fact. But it’s not the first time we’ve seen passive-aggressive behavior on the part of a law firm.

(We often reach out to law firms about rumors we hear — and we often kill stories when firms explain how and why they’re inaccurate. This happens almost every day around here. But if firms don’t avail themselves of the opportunity to comment on a reasonably credible rumor, then we view it as fair game.)

Anyway, we ran David Gelfand’s email by our original source, who responded:

“Milbank let go of all of the permanent discovery attorneys except for two. They kept on temporary discovery attorneys — those who are working through staffing agencies and not on Milbank’s payroll.”

“Notice in Milbank’s response [how they say] they did not dissolve the Discovery Attorney Program. That’s very different from saying that they did not fire all or nearly all of the attorneys in that program.”

Our earlier report, in stating that all the permanent discovery attorneys were laid off, was erroneous, since two were spared. We regret the error (and have appended a correction to the original post).

Could this latest report be erroneous as well? Quite possibly; we’re honest about our fallibility. But we once again reached out to Milbank, yesterday and today, and neither David Gelfand nor a firm spokesperson responded to our inquiries.

If you have knowledge of what’s really going on over there, feel free to drop us a line. Thanks.

Earlier: Nationwide Layoff Watch: Milbank Cans Staff Attorneys

Last month, we informed you about positive developments at Milbank Tweed Hadley & McCloy. These included enhanced parental leave and a promise of no associate layoffs. In a bit of positive publicity for Milbank, whenever a rival firm announces a no-layoffs policy — e.g., Latham — it’s described as making “the Milbank promise.”

But not everything is hunky-dory over at Milbank. We hear that, earlier this month, the firm laid off the entire group of staff attorneys. It appears that the “Milbank promise” protects partnership-track associates, but does not extend to staff lawyers. (Shhh, don’t tell Yolanda Young….)

We wondered whether perhaps it was just a case of contract lawyers whose project was finished being dismissed because their work was done. But a source explained this was not the case:

Milbank has a staff attorney program, much like Skadden or Simpson, where they have a group of permanent employees engaged in e-discovery, doc review, etc for the litigation department. Staff attorneys are not hired to work on a specific case like a contract attorney. They get assigned to various matters, and once they finish, get assigned to new ones, much like associates.

In other Milbank news, we hear that their summer program has been capped at 12 weeks. But considering that there are only so many weeks in a summer, and that some firms — e.g., Pillsbury Winthrop — are going as low as 10 weeks for summer 2008, this doesn’t seem like a big deal.

A Milbank spokesperson did not respond to multiple inquiries about either the staff attorney or summer program news.

Update / Correction: This post is the subject of a correction. Please see here.

Earlier: What’s Up at Milbank Tweed?

For LEWW, one of the best things about spring is the return of a reliable stream of lawyer-lawyer couples to the NYT wedding pages. Soon we’ll even be seeing SCOTUS clerks! This week five out of our six newlyweds sports a JD. Here they are:

1.) Michelle Lieberman and Daniel Lubetzky

2.) Michelle Davidowitz and Jed Schwartz

3.) Jessica Zeldin and Johnston Whitman Jr.

More about our finalists, after the jump.

Despite the recent turmoil in the economy and the stock market, all appears to be well at Milbank Tweed Hadley McCloy. A tipster provided us with the highlights of chairman Mel Immergut’s “State of the Firm” address from last week:

1. Primary caregiver leave is now 18 weeks paid.

2. Blackberries will get replaced every two years instead of three.

3. “We’re not getting fired.”

It appears that Milbank has effectively made a “no layoffs” promise. It learned that lesson the hard way:

Mel stressed that in the last downturn, they had slowed hiring, and then found themselves at a loss for mid-level associates when things picked up later. So the plan is to continue to hire new people (our summer program is the largest to date at 100+) and retain, but not really hire laterals.

Will other firms make a similar pledge? We’ll see.

Here’s the most comprehensive bit we’ve heard from a tipster:

[N]o longer at CWT anymore (thankfully), but I did hear that Chris White (the Partner who deposed Link) is attempting a major realignment of practice groups. Apparently he wants to move the Corporate department into the Real Estate and somehow make it a sub group. As expected, this is not going over well with the Corporate partners (imagine Dennis Block being told he needs to move?) and there’s all kinds of infighting and threats from the Corporate partners in regards to this.

Is this the source of the rumblings we’ve been hearing? We’ll update you as we find out more information.

UPDATE #2: This tip just came in the comments from someone in the office at Cadwalader today:

I’m in the office today and something is definitely going on. There is absolutely no work going around. I asked a partner if everything was OK and he told me to mind my own business. This is not a joke. I also have some friends at other firms (Milbank) who say that they are also extremely slow.

So, we have confirmation that “something” is going down. Could this be just another slow Friday, or are we on the verge of a serious scandal?

We’ve had this news for a while, but technical difficulties prevented us from posting on the main page. We did note it in the comments.

Milbank has matched. Memo after the jump.

Due to the aforementioned technical difficulties — we’re switching to new servers later this month, thankfully — we’re signing off for the day. If any more bonus news surfaces while we’re gone, feel free to discuss it in the comments (and also please email us, since we don’t read every last comment). Thanks.

Okay, folks, you know what to do. Here are the next five law firms up for discussion (in Vault 100 order, with prestige scores in parentheses):

21. Arnold & Porter LLP (7.012)
22. Jones Day (6.932)
23. Morrison & Foerster LLP (6.898)
24. Milbank, Tweed, Hadley & McCloy (6.752)
25. Clifford Chance LLP (6.747)

The virgin territory of the comments is yearning for your touch.

The Vault Top 100 Law Firms [Vault]

Earlier: Vault 1-5; Vault 6-10; Vault 11-15; Vault 16-20

Apologies for the delay — server problems. Trust us, they’re frustrating us ten times more than they’re frustrating you.

With thanks to the various tipsters who sent it to us (including “Goose”), here’s the memo from Milbank Tweed announcing pay raises for their associates:

MILBANK TWEED HADLEY & McCLOY LLP

From: Wagner, Christine
Sent: Tuesday, January 23, 2007 5:12 PM
To: #Asia Associates All; #DC Associates; #LA Associates; #NY Associates; #LN Associates
Subject: Sent On Behalf Of The Executive Committee

MEMORANDUM TO ASSOCIATES - CLASSES 2006-1999 AND SPECIALS

Re: 2007 Salaries

We are pleased to announce salary adjustments as listed below:

Class of 2006 - $160,000
Class of 2005 - $170,000
Class of 2004 - $185,000
Class of 2003 - $210,000
Class of 2002 - $230,000
Class of 2001 - $250,000
Class of 2000 - $265,000
Class of 1999 - $280,000

These increases are retroactive to January 1, 2007 and will be reflected in February 15 paychecks for those who are in good standing and with us on that date.

2007 salary increases for Specials will be determined on an individual basis this quarter as usual.

We appreciate all your contributions and look forward to another great year.

THE EXECUTIVE COMMITTEE
Milbank
Christine Wagner
Director of Legal Personnel

Earlier: Previous announcements of law firm associate salary increases (scroll down through “Skaddenfreude” archives)