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]
One of our favorite lawyers, Michael Inglimo, is back in the headlines. You may remember him from this post on the Volokh Conspiracy, linked to on ATL, which raised the following question:
Does “engaging in a three-way sexual encounter with [a current client] and [the client's] girlfriend” count as having sex “with a current client” (a practice forbidden by state bar rules)?
Wisconsin answered in the negative, but disciplined him for other infractions. Now Minnesota has stepped in. From the Pioneer Press:
The three-way sex did not get a lawyer’s license suspended – but plenty of other things did.
The Minnesota Supreme Court has ordered that attorney Michael R. Inglimo stop practicing law for three years….
The high court decision comes after the Wisconsin Supreme Court suspended Inglimo’s license in October for illegal drug use with clients, having sex with a client’s wife, misuse of a client’s trust account, failure to maintain proper trust account records and criminal conviction for possession of marijuana. The Minnesota Office of Lawyers Professional Responsibility sought reciprocal discipline.
And got it — for the next three years, Inglino can’t practice in Minnesota as well as Wisconsin. There’s no split in authority, then, on the question of three-way jurisprudence originally posed. 3-way sex did not suspend lawyer’s license [Pioneer Press]
* William & Mary is a bit of a mess right now. But at least they pay their law profs well! [TaxProf Blog]
* The Fonz testifies at a trial over the death of Jack Tripper. [AP]
* Another link to add to our recent round-up of web-based research resources. [Commercial Law Center]
* Legal Hottie of the Day: Stacey Gardner, one of the suitcase-holding models on “Deal or New Deal,” and a member of the California bar. [New York Times]
* A fellow legal blogger corresponds with Donna Brazile over the superdelegate rules. [Blogonaut]
* Speaking of presidential politics, check out this collection of unflattering candidate candids. [CBS2]
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.