That statement was made by Samantha Power, a top foreign policy adviser to Barack Obama and new-ish love interest of Professor Cass Sunstein. Sunstein recently accepted a position at Harvard Law, leaving behind in Chicago his ex, philosopher Martha Nussbaum. Bossman David Lat posted all the gossip about the academic love triangle here.
Power, pictured, let her words slip during an interview in London with The Scotsman yesterday. Other tasty bits from that interview:
“We f**ked up in Ohio,” she admitted.
“You just look at her [Clinton] and think, ‘Ergh’.
Apparently Power was under the impression that her remarks were “off the record,” and therefore couldn’t be attributed to her. The interview was actually totally on the record, and The Scotsman gives an explanation at the bottom of the link.
UPDATE: Power has resigned from the Obama campaign, effective immediately. See here.
* UNC student body President Eve Carson (pictured) was shot and killed yesterday in Chapel Hill. [CNN]
* NYC Assemblyman popped for DUI with a passed out woman in the backseat, and that’s not all. His sullied past includes allegations (plural) of rape and corruption. But, of course, he’s innocent until proven guilty. [CNN]
* Greece proposes new restrictions on blogs. Who blogs in Greece, anyway? About 40,000 people, apparently. [Spero News via This is Not my Country]
* If you use BitTorrent, you might want to hurry up and download all those Seinfeld episodes before it’s too late. NBC Universal has filed with the FCC arguing that efforts to impede BitTorrent use are justified. [WebTVWire.com]
Dan Slater at the WSJ Law Blog posted on an interesting First Amendment case about a state trooper’s involvement with the KKK. The trooper was subsequently fired, and now he’s arguing for his job back:
In 2004, Robert Henderson, then a state trooper in Nebraska, joined an organization called the Knights Party after his wife left him for a hispanic man. The Knights Party is an affiliate of the Ku Klux Klan. In 2006, following a state patrol disciplinary hearing in which Henderson told the investigator he joined the Knights Party to vent his frustration, he was fired from the force. An arbitrator then overturned Henderson’s firing, saying that it violated his First Amednment rights. Nebraska’s Attorney General, John Bruning, then appealed that decision and won in a lower Nebraska State Court. Yesterday, Henderson and his lawyer, Vincent Valentino, appealed to Nebraska’s Supreme Court to have Henderson reinstated.
At the link, Slater delivers a great summary of the relevant law, courtesy of Stanford con law Professor Derek Shaffer.
The makers of supposed cold-buster Airborne settled a class action lawsuit over false advertising claims today. When the herbal supplement first debuted ten years ago, the packaging proclaimed that it could “ward off colds.” Since then, the company has softened its claim, but the only study to support Airborne’s efficacy was conducted by two people and paid for by the company. No wonder it has agreed to pay back $23.3 million.
If you’ve bought Airborne recently and you saved your receipt, they’ll reimburse you the $6.99 (Walgreen’s price). Hey, it may be worth it to some people.
UPDATE: Good news! Our diligent commenters pointed out that as long as you have proof of purchase of one box of Airborne, you can get a refund for up to six additional boxes. That raises the stakes to roughly $48.93, which may be worth it to this law student.
That’s right, people. Kentucky Law’s lockers are unsafe. A tipster forwarded us the email that Associate Dean Bakert sent out today warning students not to keep books in their lockers until the security threat is addressed. There was a lock on the locker in question, but the crafty thug apparently broke it.
We know those law school books can be expensive, but they are not the things that a proper gangster steals. You can’t even brag about that, player.
We can think of some creative things the students could keep in their lockers instead of books. Like, you know, snacks and stuff. To our resourceful commenters: what helpful items would you suggest Kentucky’s law students keep in their lockers instead of books?
The text of the original email is posted after the jump.
I had to laugh out loud at Kramer Levin’s use of the daylight savings time maxim, “spring ahead/spring forward,” to suggest that we could do the same for our careers by coming to their firm. See the flyer below, which they seem to have sent to the entire 1L class.
Actually, we think it’s kinda cute! Check out those otherworldly tulips:
And it’s a helpful reminder for overworked law firm associates. If you have a conference call scheduled for, say, this Sunday morning at 10, you don’t want to miss it.
This is a pretty cool goof by Bill Rudnick, the new head of DLA Piper’s Chicago office. A group of partners just came over from Locke Lord Bissell, and apparently one of them went back to Locke Lord within a week.
Around 8:30 p.m. last Wednesday, three messages went out to the Chicago office all within a couple minutes. The first e-mail below went out first, followed by a “recall” message, and then the last message below.
Justin: “Ah, Steve, you won’t believe it! You know how it was white shirt, blue tie day at the office? Well I wore a blue tie AND a blue shirt…I mean we laughed for like, hours. Seriously Steve, hours.”
Today we address a fifth set of results, bypopulardemand: paternity leave.
As one tipster put it:
Can you also keep track of paternity leave? Firms will never really embrace work-life balance issues until they recognize that they affect both women AND men. Moreover, having lengthy maternity leave and poor paternity leave discriminates against gay couples and assumes that a woman will always be the primary caretaker.
But another comment suggests a (quickly refuted) rationale for providing shorter paid paternity leave:
The reason maternity leave is provided is because pregnancy is a legal disability. Therefore, employers (most of them) must provide you with the same rights as if you were disabled in any other way (if you’ve been there for a year), even though pregnancy is a voluntary disability. So if your firm has a 12-week disability, then it’s 12 weeks etc. (See Pregnancy Discrimination Act if I’m wrong on any of this, I’ve only seen it tangentially).
Obviously, there’s only one way to settle the debate . . . another running table. Check it out after the jump.
Debevoise & Plimpton has long been among New York’s most prestigious law firms. It’s also widely viewed as an excellent place to work.
In the past, Debevoise’s prestige has arguably outpaced its profits. It’s often ranked more highly on the Vault 100 than on the Am Law 100 (when ranked by profits per partner). In the most recent rankings, Debevoise was #13 on the Vault 100 and #20 on the Am Law 100 by PPP.
Perhaps that’s about to change. From Legal Week (via Law.com):
Debevoise & Plimpton has unveiled stellar financial results for 2007, with the New York law firm seeing both partner profits and fees climb by more than 20 percent over the last 12 months.
Profits per equity partner (PEP) at Debevoise rose by 26.5 percent from $1.81 million last year to a new high of $2.29 million. Global revenue, meanwhile, was up by 23.4 percent from $575 million in 2006 to $709.54 million.
A source who passed along this news added: “Although not mentioned in the article, several large investigations are the driving force behind these numbers.”
Of course, that’s not surprising. Thanks in large part to former U.S. Attorney Mary Jo White, internal investigations have long been a mainstay of Debevoise’s practice. They’re long-running and lucrative, since no company in deep doo-doo wants to look like it’s skimping on self-scrutiny. See, e.g., Siemens (aka Debevoise cash cow).
But how much cash will they get to keep? Discussion of a new tax proposal that will disproportionately affect partners at large law firms, after the jump.
Two quick items about Clifford Chance, concerning two favorite topics here at ATL: layoff rumors and bonuses. A tipster at the firm told us:
CC/NY has laid off more structured finance associates in the wake of the six associates laid off last October. At least two more structured finance associates have been laid off in February — one straight layoff and one “pushed out,” i.e., strong-armed to leave — and there are rumors of more to come in other areas as well (such as M&A)….
The morale is low and associates [fear] that the CC/NY of the 2002 Memo vintage has come back. How can a firm which pretends to be one of the New York elite firms resort to layoffs as soon as market has slowed down? This is fantasy.
We contacted the firm, and spoke on the phone with a spokesperson:
“There have not been any layoffs since the six associates affected last October, not in structured finance nor any other practice. There aren’t any plans [for layoffs] in any practice area.”
“I’m not saying that we don’t continually monitor our business and work allocation. But we haven’t had layoffs in terms in terms of people being asked to leave for economic reasons. The layoffs in October were in direct response to market conditions in a very specialized product area, rather than a trend.”
We’re inclined to credit the firm on this. A firm that openly acknowledges layoffs, as Clifford Chance did, has more credibility when it denies layoffs than a firm that sheds a suspiciously high number of lawyers, but claims that everything is “business as usual.”
But we do have a correction to our prior report that Clifford Chance paid market bonuses, on an across-the-board / lockstep basis. Read more, after the jump.
The evolution of relationships between the genders continues. Currently, in law firms, there is an interesting conundrum; balancing the desire for a gender-blind workplace where “the best lawyer gets the work and advances” and the reality of navigating the complicated maze created by the fact that, in general, men and women do possess differences in their work styles. These variations impact who they work with, how they work, how they build professional connections and how organizations ultimately leverage, reward and recognize the talents of all.
Henry Ford sat on his workbench and sighed. A year earlier, he had personally built 13,000 Model Ts with his own hands. Fashioning lugnuts and tie rods by hand, Ford was loath to ask for help. Sure, there were things about the car that he didn’t quite understand. This explains the lack of reliable navigation systems in the Model T. But Ford persevered because he knew that unless he did everything, he could not reliably call these cars his own.
“Unless my own personal toil is responsible for it, it may as well be called a Hyundai,” Ford remarked at the time.
The preceding may sound unfamiliar because it is categorically untrue. And also monumentally stupid. Henry Ford didn’t build all those cars by hand. He had help and plenty of it. Almost exactly one hundred years ago, Henry Ford opened up the most technologically advanced assembly line the world had ever seen. Built on the premise that work can be chopped up into digestible pieces and completed by many men better than one, the line ushered in an age of unparalleled productivity.
Today, an attorney refers business because he can’t do everything the client asks of him.
There are three reasons why this is way dumber than a made-up Henry Ford story…
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months, and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.