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comparing.jpgIn connection with on-campus interviewing season, we’re giving you a chance to assess the firms that made this year’s Vault 100 list of most prestigious law firms. The previous open threads listed firms in groups of five, but to up the pace, we’ll list them by ten from here on out. Here’s the next group, with prestige scores in parentheses:

21. O’Melveny & Myers LLP (6.815)
22. Clifford Chance LLP (6.772)
23. Jones Day (6.763)
24. Morrison & Foerster LLP (6.657)
25. Hogan & Hartson LLP (6.579)
26. Linklaters (6.574)
27. Milbank, Tweed, Hadley & McCloy (6.512)
28. Ropes & Gray LLP (6.501)
29. Mayer, Brown, Rowe & Maw LLP (6.494)
30. Paul, Hastings, Janofsky & Walker (6.481)

We note Magic Circle firm Linklaters making a big leap from the high 30s in the 2008 list to #26 this year — perhaps because its “notable perks” include group retreats to Europe, a drinks trolley, and an on-site doctor and dentist.
Compare. Contrast. Discuss. Thanks.
Earlier: Vault 100 Open Threads – 2009

dancing baby.jpg* It looks like 2008 will be the worst year for law firms since 2001. The American Lawyer says the “silver lining” is that firms can “winnow out unproductive lawyers and apply greater discipline to expense control.” In other words: more layoffs, fewer perks. [American Lawyer]
* Law firms aren’t the only ones suffering. Florida courts will cut 250 positions by October 1. [Daily Business Review]
* Senator Ted Stevens fails to get his corruption trial relocated from Washington, D.C. to Alaska. His need to be in his home state to campaign for reelection did not convince the judge. [Washington Post]
* “Metrolink killer” — who left his gas-doused SUV on the California rails, causing a train crash that killed 11 people — has been sentenced to 11 consecutive life sentences. [Los Angeles Times]
* University of Iowa professor Arthur Miller, accused of trading grades for gropes, has gone missing. [Iowa City Press-Citizen via TaxProf Blog]
* “Dancing baby” lawsuit can go forward. [Associated Press]

Here’s an idea for how Cadwalader, Wickersham & Taft — America’s Firingest Law Firm™, which laid off 35 lawyers in January, and then 96 more last month — can keep its surviving attorneys (plus all those incoming first-years) gainfully employed.

Have them work on the litigation over managing partner Robert Link’s Hamptons house.

Cadwalader Managing Partner In Hamptons Real Estate Squabble [Am Law Daily]
Robert O. Link, Jr. v. Richard Sarcona: Complaint (PDF) [Am Law Daily]
3 Halsey Path, Southampton, NY [Zillow]

Earlier: Prior ATL coverage of Robert Link (scroll down)
Prior ATL coverage of CWT (scroll down)

Lolita Vladimir Nabokov.jpg“Lolita, light of my life, fire of my law firm. My sin, my soul, my summer intern. Lo-lee-ta: the tip of the tongue taking a trip of three steps down the palate to tap, at three, on the teeth. Lo. Lee. Ta.”
Now that summer associate programs are over, and most summers have offers safely in hand, it’s a good (read: safe) time to dish about SA scandals. If you have a story to share that we haven’t previously covered, please email us.
Here’s one story that is making the rounds. We’ve omitted the firm name because the summer class was not very large. Per our usual rules, please don’t name the summer associate (or the college student) in the comments.
After a firm-sponsored event, a college student interning at the firm went out for drinks with several summer and full-time associates. She was not old enough to be drinking.
The college intern, in a state of inebriation, left the bar hanging all over one of the summer associates (hereinafter “The Cradle Robber”). Later that evening, the Cradle Robber wrote an email to several associates, claiming that “the deal was sealed” with the college intern.
An associate forwarded the email to the hiring partner. The Cradle Robber did not receive an offer.
Read our take on this series of events, after the jump.

double red triangle arrows Continue reading “Summer Associate of the Day: The Cradle Robber”

comparing.jpgReasons for reading ATL vary from person to person. But we have been told by some people that one of the greatest benefits of following the site is gaining familiarity with law firms and the differences between them.
In that vein, we shall continue on with our series of open threads on the Vault 100. (Sorry, haters! Though we are taking under advisement the idea that we list them in groups of ten from this point forward.)
Here are the next five, with prestige scores in parentheses:

16. Gibson, Dunn & Crutcher LLP (7.056)
17. Wilmer Cutler Pickering Hale and Dorr LLP (7.055)
18. White & Case LLP (7.054)
19. Shearman & Sterling LLP (7.043)
20. Arnold & Porter LLP (6.905)

Of the five, White & Case has the most bizarre list of notable perks: “Gender- and reason-neutral flexible work arrangement program” (what does that mean?), “Cold, anonymous” (yippee?), and “Dinosaur” (the ferocious or the fossilized kind?).
Time to compare and contrast. We invite you to have at it.
Earlier: Vault 100 Open Threads- 2009

LEWW champagne2.jpgGood news for Legal Eagle Wedding Watchers: LEWW will be returning to a more frequent and timely posting schedule! Beginning next week, we’ll once again feature our gold standard of three fabulous couples per week to ogle and dissect.
We’ll bring you more hot August weddings tomorrow and Friday, but for now, it’s time for our readers to vote on a Couple of the Month for July. Although their write-up wasn’t in the NYT and therefore didn’t run in our normal LEWW column, we’re including celebrity professors Samantha Power and Cass Sunstein, whose union merited LEWW bonus coverage last month (as well as a shout-out in the Washington Post’s Reliable Source column).
For more information on these newlyweds, click on the link below. When you’re ready to vote, here’s the poll:

double red triangle arrows Continue reading “Legal Eagle Wedding Watch: July’s Couple of the Month”

Tropical Storm Fay.jpgTropical Storm Fay — what a beeatch! Doesn’t she know the job market is tough enough as it is?

The rising 2Ls at the University of Florida are really getting screwed because of Tropical Storm Fay. This thing hasn’t even hit land and is not even remotely near our school (but admittedly, probably is near the homes of some of the interviewers), yet the school has canceled the first three days of Early Interview Week OCI.

This is when many of the Biglaw / otherwise “good” employers come. All the firms are supposed to reschedule the interviews. But especially for the interviewers from non-Florida firms/offices, what [are the chances] that they’re going to make the effort to come back? Even if they do, by now they’ve probably started interviewing students from “better” schools.

Our correspondent wonders how other Florida law schools and law firms are dealing with the storm. If you have info to share, feel free to chime in.
Announcement emails from the career services office at UF, after the jump.

double red triangle arrows Continue reading “Why Does Tropical Storm Fay Hate UF?”

128340228652187500thebosswunts.jpgWe received about 600 responses to this week’s ATL / Lateral Link survey on associate reviews, and there were some interesting twists.
First, while most firms, 60%, only conduct reviews once a year, a growing number, 35%, are providing six-month reviews as well.
A handful of firms split the difference, conducting six-month reviews for laterals and first-year associates, but then defaulting back to once a year. Others are conducting mid-year reviews for “underperforming” associates only, which doesn’t appear to be a great recipe for great press.
Of course, not many associates think that they’re underperforming:
 * Almost 90% of respondents said that their reviews were “positive” (29%) or “very positive” (57%).
 * Only 6% of respondents said that their reviews were “negative,” and only one percent thought they were “very negative.”
 * The remaining 7% thought their reviews were simply “neutral.”
But even though almost 90% of respondents thought their reviews went well, that doesn’t mean they thought the reviews were fair. In fact, about a quarter of associates who thought their reviews were positive still said that they were actually more likely to look for a new job in light of those reviews.
Find out more about how associates reviewed their reviews, after the jump.

double red triangle arrows Continue reading “Associate Life Survey: Dreading That Review?”

New York University Law School NYU Law School Above the Law.JPGA tipster pointed out that NYU has revamped their website.
According to the tipster, “It’s hilariously awful and probably can indicate to the Violet alumni [at ATL] just how uncool the student body has become.”
This new web presence can only be understood as a direct challenge to former NYU students to find and pummel current NYU students. It’s about honor at this point.
If you don’t believe us, we invite you to click on Ping-Pong Man. If you do, you will learn that NYU students now are advised to make ping-pong play dates, that the game of ping-pong loosely resembles the Socratic method, and that Richard Posner has been called out.
There is also a student that informs us that her favorite NYC coffee shop still sells coffee “by the cup.” Great tip! So many New Yorkers still must suck their coffee out of a hose.
We think ping-pong man and cup girl should merge their interests and hang out where real NYU students spend their free time. Luckily, organizing beer-pong (or Beirut … discuss) is still easy enough to do over at Off the Wagon.

comparing.jpgIn honor of the new Vault rankings, we’re doing a series of open threads on the 100 most prominent law firms. We invite you to compare and contrast the firms in the comments. In the last open thread on Vault firms 6-10, there was an animated discussion about litigation at Cleary and which Kirkland office is best to work for.
Moving on down the Vault 100 list, here’s the next bunch up for discussion, with prestige scores in parentheses:

11. Covington & Burling LLP (7.428)
12. Debevoise & Plimpton LLP (7.417)
13. Paul, Weiss, Rifkind, Wharton & Garrison LLP (7.290)
14. Williams & Connolly LLP (7.238)
15. Sidley Austin LLP (7.201)

smarties.jpgThe oddest language in the “notable perks” in this bunch is at Williams & Connolly: “Fancy bunch of smarties.” Well-dressed intelligent lawyers, or a big basket of the tart candy?
Please discuss the work, perks, and lifestyle at these firms in the comments. More threads to come.
Earlier: Vault 100 Open Threads- 2009

baby bud.jpg* College presidents around the country join campaign to lower the national drinking age to 18. [Associated Press]
* Post-September 11 laws have allowed the federal government to track the movement of U.S. citizens across land borders, with the data to be kept on record for 15 years. Is anyone really surprised? [Washington Post]
* Another judicial setback for the Bush administration, in the D.C. Circuit’s ruling on EPA emissions rules. [New York Times]
* New York settles suit with antiwar activists for $20 $2 million. [New York Times]
* Apparently, corporal punishment in schools is still legal in 21 states, and practiced in 13. [CNN]
* Lawyers shouldn’t screw over their clients. And definitely shouldn’t screw their clients’ wives. It’s going to cost one Mississippi lawyer $1.5 million. [ABA Journal]
* Lawyers are making out well in the Britney Spears custody battle. [CNN]

Reed Smith.jpgThe law firm of Reed Smith — which, as its Google listing reminds us, is “[o]ne of the 15 largest law firms in the world” — has been in the news a lot lately. Here’s a quick recap.
Some of the news has been good, and some not-so-good. Let’s get the bad news over with first.
Last month, a Pennsylvania state court judge gave the green light to an overbilling lawsuit brought by a former Reed Smith client — a non-profit organization, no less. From the Pittsburgh Tribune-Review:

A Lawrence County Common Pleas Court judge rejected four of five objections by the Downtown law firm Reed Smith, which was sued by a youth foster-care foundation in a dispute over fees.

Bair Foundation, New Wilmington, Lawrence County, sued Reed Smith in November for billing it nearly $1 million — in contrast to the firm’s early estimate of $112,000 in legal costs — to defend the foundation in an employment discrimination lawsuit, according to the complaint.

The $112,000 was a revised estimate; the original estimate, according to the complaint, was $50,000. And Reed Smith’s client ended up losing in the underlying lawsuit.
According to Am Law Daily, “[t]he matter has turned into something of a public relations nightmare for Reed Smith…. The complaint paints a picture of a billing machine run amok.” For its part, the firm denies the allegations and claims that it “will prevail.”
More Reed Smith news, after the jump.

double red triangle arrows Continue reading “What’s Going on at Reed Smith?”

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