We’re rolling through the Vault 2011 list of the “prestigiest” firms in the land, so that you can comment on what it’s like to actually live, work, and breathe those firms (when you’re not choking on all the prestige in the air).
We’ve covered #1-10 and #11-20. Here’s the next round-up. Now it’s time for the London-based Magic Circle firms to join in the elite fun:
Lawyers have been all up in The Tonight Show’s grill this year, thanks to the Jay Leno – Conan O’Brien smackdown. But the lawyers were relegated to an off-screen role. Jay Leno never name-checked Gibson Dunn (that we know of) for repping NBC and helping to put him back on his throne.
Another Biglaw firm did get a shout-out from Leno on Monday night, though. During his headlines bit, Leno got laughs thanks to Morrison & Foerster.
Morrison & Foerster tends to attract quirky types. The firm is demonstrably offbeat, from its mildly bizarre website to its embracing the moniker “MoFo.” So we were not particularly surprised when an artist type auctioning off a piece of conceptual art on eBay turned out to be a lawyer from the firm.
Alfred Steiner is a tech and IP lawyer in MoFo’s New York office. He described the piece to us thusly:
In a conceptually reductive context where works are increasingly defined more by an agreement between artist and collector (whether written or oral, tacit or explicit) than by the tangible manifestation of the work itself, what would a work become if it were reduced to be coextensive with that agreement, that is, if that agreement were the work itself?
Yup, the piece of art is a contract. What we were surprised by was how much a contract from a Morrison & Foerster attorney went for on eBay…
Earlier this year, in one of its many format changes, Facebook forced users to make their profile info more public via Community Pages. Facebook created pages based on users’ lists of interests, jobs, and favorite things to help people find others “who share similar interests and experiences.”
So if you, for example, listed “document review” as something you like, you’d be a member of this page. And maybe this page too.
One issue discussed in some circles was the potential trademark violation in Facebook’s automatically creating and populating Community pages for businesses and brands. Another issue picked up by the National Law Journal was that some of the Community Pages created aren’t very flattering to law firms.
If you listed your employment as “Slave” at Skadden Arps, for example, you’re responsible for this page:
What are some of the other interesting law firm-affiliated Community Pages on Facebook?
Unlike some firms, MoFo has not given up on the class of 2010. The firm is actively looking forward to welcoming its incoming group of associates, and has started informing them about their start dates.
The firm extended offers to “approximately 65 law students” from its 2009 summer associate class. Their start dates are staggered. Some will get to wear a Halloween costume to the firm. Some will get to be part of the Christmas gift exchange, and some will be starting soon after getting over New Year’s Eve hangovers. MoFo chair Keith Wetmore sent out an email memo this afternoon letting current associates know how many people will be starting when:
Today, we will notify approximately 35 members of the class of 2010 of a November 1, 2010 start date. Approximately 20 members of the class (including a number of those arriving from their clerkships) have been given an accelerated start date of October 4, 2010 due to client demands. The final approximately 25 additional associates will join the class of 2010 on January 4, 2011 based either on their prior election to defer to 2011 or, in a few instances, deferral to align associate staffing with anticipated client demand.
(35 + 20 + 25 = 80. So there are 15 folks mixed in there who are not wearing a cap and gown this May. Some of those starting in January are 2009 grads who took the firm’s deferral package last year. And some of the 20 starting in October will be fresh off the clerkship boat. Yay! Clerks can go home again.)
It sounds like some of these wanna-be MoFoers, who hadn’t previously chosen to defer to 2011, got news of being deferred to January today. But they also got news of a stipend. MoFo is not following the Skadden salary advance lead…
There have been quite a few lawsuits filed by former law firm employees of late. Covington & Burling is fighting off Yolanda Young. Fried Frank is tussling with Julie Kamps. And law firm secretaries across the land are uniting in pursuit of their overtime.
Law firms cutting back and performing layoffs tend to leave people grumpy and litigious. A former Morrison & Foerster secretary joined the angry ranks recently with a lawsuit for wrongful termination. Aileen Martinez worked in MoFo’s San Francisco office for 28 years. She was laid off in January 2009.
According to The Recorder, Martinez said she had to take three months of disability leave in 2008, because she was afraid of litigation associate Mimi Yang.
What did Yang allegedly do to strike fear in the heart of Martinez?
Is Biglaw getting over the gloom of the recession? Back in October, Morrison & Foerster was feeling pessimistic about attorney salaries. It decided to cut salaries for first-year associates from $160,000 to $145,000. Only associates in pricey New York and Asia — MoFo has offices in Beijing, Hong Kong, Shanghai and Tokyo, all expensive cities — were spared the cut.
Note, however, that the market for first year salaries among national firms is undetermined at this time. Given that, we will continue to assess starting salaries, in light of market trends, and may elect to adjust as required based on larger market developments.
Well, MoFo has assessed, and MoFo has decided to beef up its salaries. Associates got news this week that first year salaries are back up to $160k. And the raise is retroactive to January 1st. From the firm email that went out on Tuesday, available in full after the jump:
Although a great deal of uncertainty continues regarding how the economy will perform in 2010, we, like our most successful competitors, remain in demand. We are planning conservatively for 2010. However, if 2009 is a predictor, 2010 will provide opportunity despite its challenges.
MoFo is known for being a little quirky. In keeping with its individualistic streak, it’s decided to buck the Cravath scale for its 2009 bonuses. Bonuses range as high as $65,000, but only if you clocked the requisite number of hours.
When we reviewed Morrison & Foerster’s new website yesterday, a commenter advised us to check out the firm’s career page for those who think they might have “that MoFo mojo” (in the words of the firm).
The commenter was amused by MoFo’s comparing new lawyers to pigeons, and its advice on how to avoid being “@$%#@! Pigeonholed.” We were amused, though, by its assessment of “what makes a whole lawyer” and how to be successful as a new associate at MoFo.
If you’ve ever felt like Biglaw just saw you as a beast of burden, MoFo confirms it, using a cow to illustrate the various cuts of a good lawyer:
Intellectual curiosity is important and is, sensibly, the flavor found in the cow’s head. What does MooFo ascribe to the rump?
Morrison & Foerster has fully embraced the moniker MoFo. And now the firm appears to be embracing a WTF theme for its website.
MoFo rolled out the new website recently. Tipsters say the new site took years and many dollars to create. The design budget is rumored to be $1 million. (We’ve asked the firm to comment on the cost, but it has not responded.)
The site, however, doesn’t look like a million bucks. Multiple readers have checked it out and sent us emails like this one:
It looks like someone hacked their site, or that they delegated web design (and authorship) to a 13-year-old kid learning HTML. Truly dreadful.
Most Biglaw websites are pretty staid. MoFo is seriously rocking the Biglaw boat with this redesign. There are mind games, sound effects, and optical illusions. We give you a tour after the jump.
Occasionally we report about firms offering voluntary early retirement / buyout packages to their staff. For the most part, the programs haven’t been popular. It seems like staffers would just as soon take their chances at layoff roulette instead of voluntarily falling on their swords and slinking away into the night.
So a tipster’s report this morning really caught our eye:
50 employees at MOFO (don’t know the offices) just took an early retirement package.
Fifty? That doesn’t sound like an early retirement offer, it sounds like a Great Escape.
And it’s a true story. We have a statement from Morrison & Foerster after the jump.
Watch to find out what some of our subscribers received in their May box!
The proper hair styling product might just be the only thing standing between you and your dream job. And the best way to find what works for you is to try the best stuff on the market. Join Birchbox Man for $20 a month and you’ll get customized shipments of the best grooming and lifestyle gear on the market every month—everything from haircare and shaving supplies to style accessories and tech gadgets.
As the leading discovery commerce platform, Birchbox is redefining the retail process by offering consumers a unique and personalized way to discover, learn about, and shop the best grooming and lifestyle products out there. It’s a full 360-degree process: try, learn, buy. Once you sign up and fill out your profile, head over to Birchbox Man’s online magazine to find article and video tutorials on how to get the most out your monthly box products. Pick up full-size versions of anything you like in the Birchbox Shop and earn points for every purchase.
We currently have a number of active openings for associate roles at US and UK firms in HK / China, Singapore and two new in-house openings. As always, please feel free to reach out to us at email@example.com in order to get details of current openings in Asia, as well as to discuss the Asia markets in general and what we expect for openings later this year. Our Evan Jowers and Robert Kinney will be in Beijing the week of March 25 and Evan Jowers will be in Hong Kong the week of April 1, if you would like to meet them in person.
The US associate openings we have in law firms are in the usual areas of M&A, cap markets, FCPA / white collar litigation, finance, and project finance. The most urgent of our top tier (top 15 US or magic circle) law firm openings in Asia (among many other firm openings that we have in Asia) are as follows:
• 2nd to 5th year mandarin fluent M&A associates needed in Beijing and Hong Kong at several firms;
• Korean fluent 2nd to 4th year cap markets associate needed in Hong Kong;
• 2nd to 5th year Japanese fluent M&A associates needed in Tokyo;
• 4th to 6th year mandarin fluent cap markets associate needed in Hong Kong;
• 2nd to 4th year M&A / cap markets mix associate needed in Singapore.
The last time I flapped my wings your way, I tried to make at least enough noise about your mobile phone to make you more than a little bit uncomfortable. I hope I did. If enough of us become anxious enough about the known and unknown unknowns and knowns in our mobile phones, then we can start making wise decisions about how to manage that information and its resultant investigations.
Today, I’d like to put a finer point on the last installment’s topic by asking a question that seemed to catch most attendees off-guard at a conference panel that I moderated last week: is there discoverable personal information in a mobile app? Our panelists’ answer was a uniform “yes” with one stating that, if he had to choose only one type of data that he could discover from a mobile phone, he’d choose app data. Why? Because there’s simply so much of it and because almost all of it is objective – not just user-created like an email – but machine-tracked like GPS, usage duration, log in and log out times, browsed web addresses, browsed actual addresses. Also, most of us seem to have the idea that data doesn’t actually “stick” to our mobile devices the way it “sticks” to our hard drives. Maybe there’s a disconnect based on the fact that our phones are mobile so we assume the data is mobile to?
The traditional job application and interview process can be impersonal, and applicants often struggle to present themselves as more than just the sum of their GPAs, alma maters, and previous work history. ATL has partnered with ViewYou to help job seekers overcome this challenge. ViewYou NOW Profiles offer a unique way for job seekers to make a personal, memorable connection with prospective employers: introduction videos. These videos allow job candidates to display their personalities, interpersonal skills, and professional interests, creating an eDossier to brand themselves to potential employers all over the world. Check it out today!