• Feminism, Gender, Money, Women's Issues

    Women Getting Screwed When It Comes To Pay

    The U.S. Census Bureau reports that women in legal occupations earn 51% of what men earn. That is not a typo. Some people will no doubt say something like “women are secretaries and men are attorneys,” before clubbing their mates into submission. But according to the report: [T]he salary gap was the largest among judges, […]

    181 Comments / / Sep 18, 2008 at 2:01 PM
  • In-House Counsel, Job Searches

    In-House Counsel: The Prodigal Son Or The Red-Headed Step-Child?

    The U.S. Census Bureau reports that women in legal occupations earn 51% of what men earn. That is not a typo. Some people will no doubt say something like “women are secretaries and men are attorneys,” before clubbing their mates into submission. But according to the report: [T]he salary gap was the largest among judges, […]

    52 Comments / / Sep 18, 2008 at 12:55 PM
  • Eliot Spitzer, Wall Street

    Crusading Attorneys General Beware

    There is so much blame to go around over the AIG debacle that even “Governor John” Eliot Spitzer is getting knocked around. Remember Attorney General Spitzer orchestrated AIG founder Maurice “Hank” Greenberg’s resignation, back in 2005. But since then some of the charges against Greenberg have been dropped, while Greenberg continues to fight other allegations. […]

    27 Comments / / Sep 18, 2008 at 12:00 PM
  • Heller Ehrman

    Heller Is Stuck In A Moment

    You’ve got to, get yourself together You’ve got stuck in a moment, And now you can’t get out of it Don’t say that later will be better, now you’re stuck in a moment And you can’t get out of it — U2 Heller Ehrman is in trouble. They’ve been spurned again and again by merger […]

    320 Comments / / Sep 18, 2008 at 10:59 AM
  • Wall Street

    Davis Polk: Making Bank

    We’ve been providing extensive coverage of the unfolding financial crisis (as have our colleagues at our sister site, Dealbreaker). In several recent posts — see, e.g., here and here — we’ve discussed the Biglaw winners and losers with respect to the Wall Street meltdown. One evident winner: Davis Polk & Wardwell. Several DPW sources forwarded […]

    99 Comments / / Sep 18, 2008 at 9:45 AM
  • Morning Docket

    Morning Docket 09.18.08

    * The fiscal crisis continues to escalate. The Fed and Treasury Department are making historic, rapid-fire decisions every hour. But in Congress, lawmakers are just sitting around, twiddling their thumbs. [Washington Post] * John Grisham is deemed “the innocent man.” Judge dismisses libel suit against him. [Associated Press] * It’s not just Biglaw sharing office […]

    25 Comments / / Sep 18, 2008 at 9:04 AM
  • Hotties, Law Schools, Politics

    Former Assemblywoman Loses Bid for Barbiedom

    Rebecca Cohn was a California assemblywoman representing Buena Vista, Burbank, Cambrian Park, Campbell, Fruitdale, and parts of San Jose and Santa Clara. After losing to Jim Beall, she decided to matriculate at UC Davis School of Law (King Hall). Cohn said that her lifelong dream was to attend law school. But she apparently couldn’t shake […]

    47 Comments / / Sep 17, 2008 at 6:26 PM
  • Non-Sequiturs

    Non-Sequiturs: 09.17.08

    * Yeah. Justices are “impartial” all the time. You’ll never ever see a respected SCOTUS Justice openly campaigning against a particular political candidate. [WSJ Law Blog] * Projected 2009 tax brackets are out. Plan your charitable giving accordingly. [TaxProf Blog] * Female paralegals don’t get paid as much as male paralegals. There is not even […]

    45 Comments / / Sep 17, 2008 at 5:35 PM
  • Wall Street

    Wait … I Own AIG Now? Is That Legal?

    Another day, another market massacre. Right now the SEC is meeting about “improper short selling” of Morgan Stanley and Goldman Sachs stock. The Dow is down nearly 450 points. We have definitely entered the “dogs and cats, living together, mass hysteria” phase of this meltdown. But while everybody is running around trying to CYA, the […]

    71 Comments / / Sep 17, 2008 at 4:41 PM
  • Bear Stearns, Job Survey, Wall Street

    Associate Life Survey: Life After Lehman Brothers?

    As the Fed steps in to save the financial world with a bridge to nowhere AIG, we pause to reflect on the results from Monday’s ATL / Lateral Link survey, which asked whether the woes of Lehman Brothers and Merrill Lynch would hurt your career. We received 830 responses, and quite a few of them […]

    57 Comments / / Sep 17, 2008 at 10:59 AM
  • Law Schools, Tax Law

    The IRS Is Still Hiring

    We have to at least entertain the possibility that the tanking economy could fundamentally change the Biglaw lifestyle that we have come to know and bilk. We could see flat salaries, tepid bonuses, and decreased job security over the next few years. Maybe this is the perfect opportunity to break out of the “top school-top […]

    64 Comments / / Sep 17, 2008 at 10:00 AM
  • Morning Docket

    Morning Docket 09.17.08

    * The Fed reverses course and agrees to bail out insurance giant American International Group. [Forbes] * Alaskan lawmakers file suit to stop the “Troopergate” investigation of Sarah Palin. [New York Times] * Eight lawyers are on the American Lawyer’s 2008 Lifetime Achievers list for “history-making accomplishments.” [American Lawyer] * The law against baggy pants […]

    33 Comments / / Sep 17, 2008 at 9:11 AM
  • Heller Ehrman, Musical Chairs

    Musical Chairs: Covington & Burling Snaps Up Heller’s IP Department

    It turns out that the mystery meeting at Covington & Burling involved some great news for Covington, and some bad news for Heller Ehrman. Fifteen IP partners will be leaving Heller to join Covington, as Covington expands into Silicon Valley. The Daily Journal reports that in the wake of the latest defections and yesterday’s failed […]

    141 Comments / / Sep 16, 2008 at 6:35 PM