Money
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Biglaw, Job Searches, Money, Screw-Ups, Skaddenfreude
Hell Hath No Fury Like Ex-Bingham McCutchen Associates
Remember those Bingham McCutchen associates who took buyouts and left the firm? They’re royally p.o.’ed about this article, and they want to set The Record[er] straight about the circumstances surrounding their departures. Check out their angry letter to The Recorder, plus additional information from an ATL tipster concerning how these buyouts were mishandled, after the […] -
Biglaw, Money, Skaddenfreude
Still More About Jenner & Block
Yesterday we declared ourselves “all Jenner-ed out.” But based on the comments and emails we’ve received, it seems people are still interested in hearing about Jenner & Block. We have a little more to offer you. A second source confirms what we previously reported: Your post about yesterday’s meeting was accurate. [Managing partner Gregory Gallopoulos] […] - Sponsored
How Generative AI Will Improve Legal Service Delivery
Learn how emerging tools will likely change and enhance the work of lawyers for years to come in this new report. -
Biglaw, Bonuses, Clerkships, Money, SCOTUS, SCOTUS Clerks Are Fair Game, Skaddenfreude, Supreme Court, Supreme Court Clerks
Supreme Court Clerks: Where Are They Now?
In our recent New York Times op-ed piece on Supreme Court clerkship bonuses, we argued that “[f]rom a narrowly economic point of view — focusing on the actual work the clerks will perform, and setting aside the law firms’ quest for prestige and bragging rights — it is difficult to understand why firms fight for […]
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Biglaw, Money, Skaddenfreude
Nationwide Pay Raise Watch: Delaware
The nation's capital of corporate law pays associates quite well. -
Food, Money
Skadden Raises to... 190K Food Stamps?
A Washington Post article about members of Congress trying to live on $21 a week — the average amount food stamp recipients receive as income supplements — features a source you wouldn’t expect to see quoted in such a piece: Rick Hindle, executive chef for the Skadden, Arps law firm in Washington, showed recently that […] -
Biglaw, Money, Skaddenfreude, United Kingdom / Great Britain
Biglaw Pay Raise Watch: Weil and Cleary to 180, Latham to 190!
Yes, it’s true — we swear! This is not just another wild rumor. You can take this one to the bank! The Bank of London, that is. From TheLawyer.com, a U.K.-based website: Weil Gotshal & Manges’ London associates now earn more than their counterparts in New York after a 20 per cent pay hike in […] -
Crime, Department of Justice, Federal Judges, Money, Screw-Ups, Tax Law, White-Collar Crime
Does Judge Paul Friedman Look Like a DOJ Janitor?
No? Okay. Then they shouldn’t expect him to clean up after them. Remember that majorly screwed-up tax case? It’s still screwed up. District Court Refuses to Correct Government’s Botched Plea Agreement in Biggest Tax Fraud Case in History [TaxProf Blog] Earlier: This Is Why Cite-Checking Matters -
Bonuses, Clerkships, Money, New York Times, SCOTUS, SCOTUS Clerks Are Fair Game, Shameless Plugs, Skaddenfreude, Supreme Court, Supreme Court Clerks
The Supreme Court's Bonus Babies
A more detailed (but equally shameless) plug will follow tomorrow. For now, please check out this article: Then email it to, say, fifty of your closest friends. We are desperately trying to crack the NYT’s “Most Emailed Articles” list. Much thanks. See you tomorrow! The Supreme Court’s Bonus Babies [The New York Times] - Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so… -
Biglaw, Money, Reader Polls, Skaddenfreude
More Rumors: NYC to 190!
We’re beginning to wonder whether this “NY to 190” business is just a big practical joke. But even though no real information has emerged, and the co-chair of Simpson’s personnel committee told us his firm is “not currently considering an increase in associate salaries,” the rumors continue to swirl. Here are two email messages we’ve […] -
Biglaw, Money, New Jersey, Skaddenfreude
Nationwide Pay Raise Watch: Back to Jersey
We realize that most “secondary” legal markets get only one bite at the apple — i.e., one dedicated post. And we already covered New Jersey. But the Garden State is our home state, where we practiced for a number of years, so we will show some favoritism (as is our prerogative). And the news we’re […] -
Biglaw, Money, Skaddenfreude
Nationwide Pay Raise Watch: The South
We continue our series of posts examining the nation’s less-than-gigantic legal markets. Some of the markets we cover are scorned by the New York and L.A. types. But since the posts continue to generate lots of comments and discussion — over 160 comments on yesterday’s post on the Upper Midwest — we will push ahead. […] -
Asians, Money, Roy Pearson, Tort Reform, Trials
Not As Deserving As the Monica Goodling Legal Defense Fund, But...
If you’ve been feeling bad for Jin Nam and Soo Chung, the dry cleaners sued by crazy-ass pseudo-judge ALJ Roy Pearson for $54 million — over a pair of pants — now you can help: As for what’s going on in the case, Marc Fisher has this update in today’s Washington Post. The trial is […] -
Biglaw, Hogan & Hartson, King & Spalding, Money, Skaddenfreude
Nationwide Pay Raise Watch: Two D.C. Developments
First, King & Spalding is now on the $160K salary scale in Washington, DC. We hear that the associates back in Atlanta, who have not seen any raise action, aren’t happy campers. Memo after the jump. Second, with respect to the rumor that Hogan & Hartson has raised salaries for its lower-hours track, we’d appreciate […]
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Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so…
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Biglaw, Money, Skaddenfreude
Nationwide Pay Raise Watch: The Upper Midwest
We welcome your suggestions of legal markets to cover in our grand tour of these here United States. We won’t necessarily adopt them (and we can’t cover every single market in the entire country). But we do appreciate your recommendations, which we often follow. A recent commenter had this idea: How ’bout the upper midwest […] -
Biglaw, Bonuses, Clerkships, Money
Remember Those Clerkship Bonuses? Fried Frank Joins the $50K Club.
Hey everyone, remember those things called clerkship bonuses? After a long period of radio silence — the most recent news was from before Memorial Day — we have more information to share. We just got off the phone with a Fried Frank spokesperson, who informed us as follows: 1. The firm has raised its clerkship […] -
Biglaw, Hogan & Hartson, Holland & Knight, Money, Skaddenfreude, White & Case
Nationwide Pay Raise Watch: Miami
We’re big fans of Miami. We greatly enjoyed the visit we paid back in March, when we got to meet up with readers at an ATL Happy Hour. So we’re more than happy to make Miami the next stop on our tour of the nation’s legal markets. Here’s a summary of the lay of the […] -
Bad Ideas, Biglaw, Cheapness, Deaths, Money, Tax Law, Trusts and Estates
Squire Sanders Wants Its Money... Over His Dead Body
From the Department of Astute Observations: “Some former Steel Hector partners suggested it may have been unwise to make a large loan to a partner allegedly on the brink of bankruptcy.” Ya think? Firm Sues Estate of Dead Lawyer for Loan Repayment [Daily Business Review (Miami / South Florida)] -
Biglaw, LeBoeuf Lamb, Money, Skaddenfreude, Sonnenschein
Nationwide Pay Raise Watch: More Chicago News
Two items pertaining to associate pay raises in Chicago: 1. LeBoeuf Lamb just announced that its Chicago office will be on the $160K pay scale. The firm’s presence in the Windy City isn’t huge, but the move does confirm that the market rate for Chi-town really is $160K. Memo after the jump. 2. Sonnenschein, Nath […] -
Biglaw, Money, Skaddenfreude
Nationwide Pay Raise Watch: Ohio
After our recent swing through the south, including Atlanta and Charlotte, we now head back to the midwest. ATL readers, it’s time to say hi to Ohio! Today we turn our attention to the Buckeye State. We cover Columbus, Cleveland, and Cincinnati, in one fell swoop. Please discuss associate salaries in these legal markets, as […] -
Crime, Money, New Jersey, Skaddenfreude, Television
The Sopranos: More on the Finale (and a Reader Poll)
Sunday night’s open thread on the series finale of The Sopranos — which had a legal connection, since a law firm expressed an interesting in hiring Meadow Soprano at a starting salary of $170K — drew many interesting comments. There were tons of interesting theories bandied about concerning the ending of the show. Some of […]