We received about 600 responses to last week’s ATL / Lateral Linksurvey on leave and part-time arrangements. One reader made a very interesting suggestion in the comments:
Justin – how about you keep a list of where law firms are on parental leave? Sort of like the list Lat kept going showing who was being delinquent on raising salaries. Those lists made a big influence at some firms that were reluctant to give associate salary raises – a list like this could likewise make a world of difference in parental benefits.
I like this idea a lot, and while I won’t be calling it a “list of shame,” I’ll be keeping a running table of maternity leave policies, starting later this week. If you’d like to make sure your firm’s info is accurate, please take the survey (which will stay open for a while) or send us a tip.
In the meantime, let’s focus on a slightly different data point from the survey. In addition to questions about leave, which we’ll talk about later this week, we asked whether you would be interested in working fewer hours for less pay if your employer gave you the option. See the results after the jump.
Happy Presidents’ Day! In honor of the executive branch, unitary or not, ATL will be on a reduced publication schedule today.
* Where’s the beef? Not on your grocery shelves, thankfully, as the USDA orders the largest meat recall in its history. [Washington Post]
* Obama woos Edwards. [AP]
* “Harold and Kumar Escape From Guantánamo Bay,” plus other representations of Gitmo in popular culture. [New York Times via How Appealing]
* It’s getting hot in here: Pending legislation would require climate change to be taught in California public schools. [San Jose Mercury News via Drudge]
* Municipalities mull ordinances to limit where sex offenders hang out. [New York Times]
* More recusals in the Massey Energy case. Is there anyone left in West Virginia who can hear this case? [WSJ Law Blog]
* Turnout low and tensions high as Pakistan goes to the polls. [New York Times]
* Happy independence day — in Kosovo. [Washington Post]
Greetings from the great — but frigid — city of Chicago. We’re hanging out with friends and doing some sightseeing, but the main reason for our visit is this event, taking place on Thursday (and open to the public):
While in Chi-town, we will also be meeting readers at an ATL “Happy Hour,” similar to the event we held in Miami last year. It will take place on Wednesday, February 20, sometime after work (time and place to be determined). Update: The Chicago “Happy Hour” will take place on Wednesday, February 20, from 6 p.m. to 8:30 p.m., at Miller’s Pub (134 S. Wabash). Hope to see you there! Schedule of Events [University of Chicago Law School Federalist Society]
Sweet home Alabama. It’s the home of law schools that have given us greatstories in the past.
A fairly recent story, involving a student at the University of Alabama School of Law who got into a silverware spat with his roommate, was on the lighter side. But our latest tale from UA is more serious — especially in the wake of yesterday’s tragic shootings at Northern Illinois University.
Read more, after the jump.
There are reasons to read the New Hampshire Union Leader even after primary season is over. Check out this great article:
A Boston-based federal judge wore a black cocktail dress, fish-net stockings and high heels when police arrested him for drunk driving after he rear-ended a pickup truck last week, sources said.
U.S. Bankruptcy Court Judge Robert Somma, 63, struck a plea deal with the city Wednesday in which he pleaded no contest to a first-offense misdemeanor driving while intoxicated charge in Manchester District Court. In exchange, the judge agreed to pay $600 in fines and penalties and a 12-month license suspension….
The arresting officer made no mention of the judge’s attire in the written report police provided to the media other than to note the judge “had a difficult time locating his license in his purse.”
Two sources confirmed Somma was wearing a cocktail dress, women’s hose and high heels when his Mercedes-Benz E320 sedan struck a pickup truck stopped at a red light on Elm Street about 11:29 p.m. on Feb. 6.
As real as it may seem, it was only in your dreams. From the WSJ Law Blog:
We called around to firms to find out whether associate salaries, called economically-irrational in some quarters, have finally (or, at least, for now) hit a ceiling. The answer seems to be yes.
“We’re not going to do anything,” said Orrick spokeman Allan Whitescarver, noting that law firms compete for talent with investment banks and consulting firms. “Times aren’t good for them either,” said Whitescarver. “We’re going to sit tight and keep the salaries capped.”…
Other firms, including WilmerHale and Milbank, also told the Law Blog that, for now, first-year salaries will stay at $160,000.
These announcements aren’t the most exciting things to read (or report on). But we’ve spoken to a number of associates and law students, especially women, who follow them closely. So we’ll continue posting them (and they’re easy to skip over anyway).
The latest law firm to improve its parental leave policy is Mayer Brown. Check out their memo, issued earlier today, after the jump.
Not by the home run king, but by the prosecutors pursuing him. From ESPN:
Federal prosecutors mistakenly filed court papers Thursday that incorrectly stated that Barry Bonds failed a steroids test in November of 2001 — one month after breaking the single-season home run mark.
U.S. attorney spokesman Josh Eaton now says that the reference in Thursday’s government court filing regarding Bonds testing positive was actually referring to a November 2000 test that was previously disclosed in the indictment of Bonds and had already been reported.
Our source observes, “considering how widely reported this was — all over the national media, including CNN-style blanket coverage from ESPNews — during a week when the spotlight is on steroids in baseball already (the Clemens congressional hearings), it had to have been awfully embarrassing for the department.”
Based on this post and this one, today is shaping up as Filing F**k-Up Day at ATL. U.S. filing typo spurs erroneous Bonds drug report [ESPN]
Here’s the latest Job of the Week from ATL’s career partner, Lateral Link. Because Lateral Link does no cold-calling and is more efficient than traditional recruiting firms, successful candidates receive $10,000 upon placement. Position: Assistant General Counsel – Capital Markets Location: Washington DC Description: This alternative asset management company is seeking an attorney to serve as an internal counsel in the legal department. The attorney will participate in the negotiation and review of financing documentation, including offering materials, credit agreements, sale or purchase agreements, inter-creditor agreements, security documents and servicing agreements and facilitate the closing of such transactions. Responsibilities include:
· Finance/Capital Markets: Represent the Company and its affiliates as borrowers or issuers in various types of financings, including warehouse and other syndicated credit facilities, CLO/CDO transactions, and public and private offerings of debt and equity.
· Corporate and Securities Law: Provide advice and counsel on a variety of corporate and regulatory matters, including traditional corporate law and corporate governance matters, securities law compliance and SEC reporting.
· Other responsibilities include, but are not limited to, drafting amendments and waivers to loan agreements and confidentiality agreements. Skills Requirements:
• 3rd to 5th year associate at major national law firm.
• Outstanding academic credentials with a J.D. from a respected law school.
• Experience in Capital Markets or Corporate Finance practice area required; general corporate and securities law experience a plus.
• A skilled team-oriented attorney, willing to perform all transaction related tasks from due diligence to drafting, negotiating and closing.
• Ability to work in fast-paced deal environment.
• Business oriented, practical and bottom-line approach to decision making (versus overlawyering and academic). Maturity and practical thinking necessary.
• Generally flexible with working hours Company Description: This company, both directly and through its global asset management business, is an investor in management and employee buyouts, private equity buyouts, and early stage and mature private and public companies. The company provides senior debt, mezzanine debt and equity to fund growth, acquisitions, recapitalizations and securitizations. The company and its affiliates invest from $5 million to $800 million per company in North America and $5 million to $500 million per company in Europe.
For more information, see job # 6439 on Lateral Link. Earlier: Prior Job of the Week listings (scroll down)
In unauthorized court order generated by a law clerk in a case before Chief U.S. District Judge Federico Moreno resulted in the suspension of shipments of older generation PlayStation consoles through Miami for three months.
The errant preliminary injunction dated last Oct. 24 granted more than Sony was requesting and contained typographical errors and apparent contradictions. It was withdrawn this month.
The order effectively stopped the defendants from moving Sony consoles and accessories through the Port of Miami for export to Latin America but also instructed U.S. Customs and Border Protection to “hold and preserve any and all goods bearing the PlayStation trademarks” at the port.
Customs agents applied the order to all companies importing PlayStation goods through the Port of Miami.
As for the law clerk in question, the DBR article identifies him:
According to numerous sources in the legal community, the law clerk who handled the order is Matthew Bohrer, son of prominent media lawyer Sanford Bohrer. Matthew Bohrer, whose clerkship is scheduled to end soon, is still listed as one of Moreno’s clerks on the Web site for the U.S. District Court for the Southern District of Florida.
Bohrer did not return calls for comment before deadline. His father, a Miami partner with Holland & Knight in Miami who has represented the Review and other news media on First Amendment and other legal matters, had no comment.
* House allows spy bill to expire. [New York Times]
* Prosecutor’s typo causes hubub in Bonds case. [ESPN]
* Rock 105 gives away free divorce for Valentine’s Day. [CNN Video]
* During 1973 U.S.-China trade talks, Mao offered Kissinger 10 million women. [CNN]
* Ninth Circuit Judge Joseph Sneed, RIP. [ABA Journal]
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 (Robert Kinney and Evan Jowers will be in Hong Kong again March 15 to 23), 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.
Are you challenged by the costs and logistics of maintaining your office, distracting you from the practice of law?
Many small firms are successfully moving part—or even all—of their practice to a virtual setting. This even includes multi-jurisdictional practice spanning several states and practice areas, although solo and small partnerships are still the largest adopters of virtual law.
Can you do the same? The new article Mobile in Practice, Virtual by Design from author Jared Correia, Esq., explores how mobile technology bring real-life benefits to a small law firm. Read this new article—the next in Thomson Reuters’ Independent Thinking series for small firms—to explore how a mobile practice:
Everyone is talking about the importance of Social Media in Corporate America. But it is relatively safe to say that most law firms and lawyers are slightly behind the social curve. Most lawyers, at minimum, use LinkedIn, for networking. Some even use Twitter for pushing out short, pithy content, while many have Blogs, where they write their little hearts out. The adage “it is better to give than to receive” is not always true though in the world of Social. In the Social World – it is best to listen, give back and engage.
Social Media is a communications tool that can deeply educate you about the needs and wants of your clients and prospects when used in conjunction social media monitoring and sharing tools.
Take this quick quiz and see if you know how to use Social to help you engage more with your clients or to better service the ones you have.