Max bonus in the DC office was $75k. Minimum was zero. Average bonus ranged, by class year, from $16k for 2nd years to $55k for 7th years. Bonuses are all merit-based — while hours are the main factor, there is no set scale or cutoff. About 2/3 of eligible associates (i.e. those at the firm before August 1) got bonuses.
We realize we are a bit late on March Madness. Given that all the #1-seeded teams are headed to the Final Four for the first time in NCAA basketball history, we assume your brackets are rubbish and you are open to distraction. Last year, we held a March Madness contest for law schools. UVA Law School came out on top.
This year, we give you ATL March April Madness for Law Firms!!!!
Brackets are based on Vault rankings. We wonder if Vault seeds will be as accurate as those by the NCAA tournament selection committee.
Here’s how the tournament will work. Law firms will advance to the next round based on reader polls, in which we ask you which law firm is “cooler.” You can define that however you choose.
The polls are available after the jump. Polls close at the end of the day!
The legislative and judicial branches are going head to head in Texas, over a “pole tax.” Sounds noble, right?
Not exactly… since the referenced “poles” are those found in strip clubs. Texas State Rep. Ellen Cohen wants to charge strip club patrons a $5 tax, with proceeds funding programs for the betterment of society. Don’t strippers do enough for society already?
Cohen’s law — some dubbed it the “pole tax” — was expected to raise millions of dollars, with the money dedicated to sexual assault programs and health care for the uninsured.
Gov. Perry signed the law last June and it went into effect this year. Jenkins ruled the law unconstitutional, writing that erotic dancing is a form of expression protected by the First Amendment. Laws regulating expression must pass strict constitutional tests.
Jenkins focused on the dedication of the fee revenues to the uninsured, writing that he saw no evidence linking the activity of nude, erotic dancing to a lack of health insurance among the dancers.
Overall, Latham & Watkins dominated the field, pulling in almost one fifth of all votes. Latham was the most popular choice among voters in L.A., the Bay Area, and Washington, DC, and was particularly favored by tax lawyers and litigators.
Runner-up Wachtell was actually the top choice of respondents in New York, narrowly besting Davis Polk and Latham. It was also, by far, the most popular pick among M&A lawyers, with roughly 30% of their vote.
Kirkland placed third overall, but was the top choice of Chicago respondents and patent lawyers, with almost twice as many votes as the next most popular firm in Chicago (Latham) and almost as many patent votes as the next two firms combined (Latham and Quinn).
Williams & Connolly, Ropes & Gray, and Davis Polk tied for fourth, with Ropes & Gray dominating the Boston vote, Williams & Connolly pwning DC (and gaining the second highest vote from litigators after Latham), and Davis Polk rocking the investment management scene (with Ropes & Gray running second best in that field).
Paul Hastings was the clear winner among labor & employment attorneys, winning almost 70% of the vote, and was also the most popular choice among real estate attorneys and lawyers in Atlanta.
On the Magic Circle front, Linklaters proved more popular than Allen & Overy, and was actually the most popular choice among securities lawyers. Allen & Overy was the most popular choice among structured finance attorneys.
A group of third-graders plotted to attack their teacher, bringing a broken steak knife, handcuffs, duct tape and other items for the job and assigning children tasks including covering the windows and cleaning up afterward, police said Tuesday.
Photos of the assembled weapons are here.
We realize there is a tenuous legal connection here… but authorities at the school are citing privacy law and there will be charges!
The children, ages 8 to 10, were apparently mad at the teacher because she had scolded one of them for standing on a chair, Tanner said.
Two of the students were arrested on juvenile charges Tuesday and a third arrest was expected. District Attorney Rick Currie said other students told investigators they didn’t take the plot seriously or insisted they had decided not to participate.
“Some of the kids said, `We thought they were just kidding,”‘ Currie said. “Another child was supposed to bring a toy pistol, and he told a detective he didn’t bring it because he thought he would get in trouble.”
Currie said the children are too young to be charged as adults, and probably too young to be sentenced to a youth detention center.
Police seized a steak knife, steel handcuffs, duct tape, electrical and transparent tape, ribbons and the paperweight from the students, Tanner said.
Currie said he decided to seek juvenile charges against two girls, ages 9 and 10, who brought the knife and paperweight and an 8-year-old boy who brought tape. He said all three students faced charges of conspiracy to commit aggravated assault, and both girls were being charged with bringing weapons to school.
* A 2003 memo shows that the Justice Department greenlighted aggressive interrogation methods (including poking; Facebook, holla). Maybe those Yalies suing John Yoo need to amend their complaint. [New York Times; Washington Post]
* Speaking of Yalies, here are a Yale 1L’s thoughts on the U.S. News rankings controversy. [Hartford Courant]
* A bipartisan effort to protect homeowners at risk of foreclosure. [New York Times]
* Despite the grim economy, partner poaching continues — and even extends to finance and securitization lawyers. [WSJ Law Blog]
* Hey Mon — please don’t try to board a flight with apparent bomb-making materials. [CNN]
* Hollywood private eye Anthony Pellicano may have offered clients more than just investigative services. [New York Times]
If I recall correctly, Sullivan & Cromwell sent out a memo in December or January saying that even though they paid the “special bonuses” in December, they still intended to pay additional profit-sharing bonuses in February. [February is over] and as far as I know, not a word from S&C. Can you guys please make a big deal over this?
The tipster’s memory is slightly off. From chairman H. Rodgin Cohen’s earlier bonus memo:
[T]he Firm will pay senior associates compensation in addition to salary and bonus through our new Senior Associate Supplemental Bonus Plan (“the Plan”). We have decided to accelerate payments under this new Plan to result in the following [market-matching bonuses] being paid on December 14 to our senior associates, with final supplemental payments to be made in the Spring of ’08.
We are now officially into spring 2008. So ATL hereby “make[s] a big deal over this.” Has S&C paid the supplemental bonuses to its senior associates? If so, can someone please give us the skinny?
Second, here’s an interesting rumor of a partner departure from S&C, from a different tipster….
* Better late than never: data on New Jersey lawyers finally released to lawyer ratings site Avvo. [AP]
* Speaking of the Garden State, Judge Fred Kieser Jr. would have been a great Lawyer of the Day (if we hadn’t missed this when it came out last month). [NJ.com]
* “[I]n a move designed to show that it is doing its part in the global war on terrorism, China announced today a crackdown on counterfeit designer handbags….” [Securing Innovation]
* News you can use (if you have dreams of legal academia): teaching fellowships for aspiring law professors. [TaxProf Blog]
* If you’re STILL not tired of talking about those U.S. News law school rankings — and we’re finally sensing some fatigue, since our last post didn’t even generate 100 comments — here are a few more links:
* “The Contradictory Goals of Law School Rankings” [Concurring Opinions (Dan Solove)]
* “An Open Letter to Bob Morse of U.S. News” [Brian Leiter's Law School Reports]
* “US News Hacked?: Does the US News Web Site Display 3rd Tier & 4th Tier Law Schools Ranked in Order?” [PrawfsBlawg (Geoffrey Rapp)]
* The 2008 April Fool’s Blawg Review Appendix. [a fool in the forest via Blawg Review]
We previouslyreported that Covington & Burling, in their New York office, paid special and year-end bonuses at market levels. But what did they do in their other offices around the country?
The firm takes its sweet time, for one thing. Last month, a tipster there wrote us:
The D.C. office of Covington & Burling still has not paid bonuses to associates. When our peers at other firms (and in NY) got bonuses months ago, it seems offensive and stingy to hold out on the bonus payment…
But that’s the way things have always been. We contacted Covington and learned, through a spokesperson, that “it’s been our firm’s policy for years that our bonus schedule is around April 1 in all markets, except New York.”
So today is April 1. Do you know where the Covington bonuses are — and what they’re like this year?
If so — or if you have bonus news on another major national law firm, not previously covered in these pages — please email us (subject line: “Associate Bonus Watch”). Thanks. Update: We’ve learned that in Covington’s San Francisco office, bonuses ranged from $5K to $65K (but don’t have any more details). Earlier: Associate Bonus Watch: Covington & Burling (New York) Associate Bonus Watch: A Few More Updates
A quick follow-up to Friday’s post about Latham & Watkins possibly representing the Church of Scientology. The post was updated multiple times, and there were also lots of comments on it. Depending upon when you stopped reading, you may have come away with an erroneous impression.
At one point, we — and some commenters — expressed doubt that LW represents the Scientologists. But for the record, it now appears that Latham really IS representing the Church.
See this post from Radar Online, which has more details, and collects severallegalletters sent out on behalf of the Church (thumbnails; click to enlarge) According to Radar, “[a]t least one Latham & Watkins letter was signed by David J. Schindler, the former Assistant U.S. Attorney who prosecuted the criminally mischievous nerd any self-respecting hacker wannabe worships, Kevin Mitnick.”
More discussion, after the jump.
The federal court filing spree launched by Jonathan Lee Riches, a pro se inmate who has barraged courts around the country with some 1,500 handwritten suits, is coming to a halt—at least in the Northern District of Georgia.
Calling Riches a “vexatious and abusive litigant,” U.S. District Judge Willis B. Hunt Jr. last week permanently enjoined Riches—who has filed 351 suits in the Northern District alone over the past several months—from filing any more without first meeting a strict set of criteria.
Vexatious. That’s a great Scabulous word!
The order [pdf] dismisses all of Riches’ pending cases without prejudice. Skadden Arps and Pepper Hamilton must be breathing huge sighs of relief.
Among the defendants to Riches’ Atlanta suits were former New York Gov. Eliot Spitzer and his wife, Silda; the law firms Pepper Hamilton and Skadden, Arps, Slate, Meagher & Flom; the John D. and Catherine T. MacArthur Foundation; Hooters of America; Norwegian Cruise Lines Inc.; and investment banker Bruce Wasserstein, whose private equity fund used to own the Daily Report’s parent company.
Riches’ celebrity targets included actors Anne Heche, Michael Douglas and Catherine Zeta-Jones; musicians Cyndi Lauper and Eddie Van Halen; and Braves pitcher Tom Glavine.
In one case, he alleged that actress Molly Ringwald “said she is going to turn me into a redhead and … burn me with 16 candles,” an apparent reference to Ringwald’s 1984 hit movie “Sixteen Candles.”
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 seven years. You can reach them by email: firstname.lastname@example.org.
Please note that Evan Jowers and Robert Kinney are still in Hong Kong and will stay FOR THE REMAINDER OF THIS WEEK. We still have a handful of available slots for meetings with our Asia Chronicles fans. If we have not been in touch lately, reach out and let us know when we could meet! There is no need for an agenda at all. Most of our in-person meetings on these trips are with folks who understand that improving a legal practice through lateral hiring is an information-driven process that takes time to handle correctly.
Regarding trends in lateral US associate hiring in Hong Kong, we of course keep much of what we know off of this blog. Based on placement revenue, though, Kinney is having one of our most successful years ever in Asia. We are helping a number of our law firm clients with M&A, fund formation, cap markets, project finance, FCPA and disputes openings. These are very specific needs in many cases, so a conversation with us before jumping in may be helpful. As always, we like to be sure to get the maximum number of interviews per submission, using a well-informed, highly targeted, and selective approach, taking into account short, medium and long-term career aims.
Making a well informed decision during a job search is easier said than done – the information we provide comes from 10 years of being the market leader in US attorney placements at the top tier firms in Asia. There is no substitute for having known a hiring partner since he/she was an associate or for having helped a partner grow his or her practice from zip to zooming, and this is happily where we stand today – with years of background information on just about every relevant person in all the markets we serve, and most especially in Hong Kong/China/Greater Asia. So get in touch and get a download from us this week if we can fit it in, or soon in any case!
The legal industry is being disrupted at every level by technological advances. While legal tech entrepreneurs and innovators are racing to create a more efficient and productive future, there is widespread indifference on the part of attorneys toward these emerging technologies.
When the LexisNexis Cloud Technology Survey results were reported earlier this year, it showed that attorneys were starting to peer less skeptically into the future, and slowly but surely leaning more toward all the benefits the law cloud has to offer.
Because let’s face it, plenty of attorneys are perhaps a bit too comfortable with their “system” of practice management, which may or may not include neon highlighters, sticky notes, dog-eared file folders, and a word processing program that was last updated when the term “raise the roof” was still de rigueur.