Thanks for all of the tips in response to our Friday post on no-offers. We are investigating various leads and will bring you a series of posts based on what we learn.
We’ll start with Wiley Rein. The firm’s 2008 summer class was oversubscribed, but only four summer associates paid the price. We’d been hearing reports that Wiley gave offers to 34 out of 38 SAs, and the firm has now confirmed the news.
Kay Nash, director of professional development and attorney recruiting at Wiley, said over email:
As is always the case here, everyone who deserved an offer received one, despite our higher numbers this summer. We are confident that we can comfortably accommodate the excellent students to whom we extended offers. We always aim for approximately 25 new associates, but gave a significantly higher number of offers reflecting the strength of our summer class.
A few tipsters pointed out that Wiley’s class may have been oversubscribed due to the huge fees the firm earned as part of the 2006 Blackberry litigation. The settlement pushed Wiley’s profits per partner all the way to number one for 2006.
Thirty-four offers out of an expected 25 slots suggests that Wiley is doing the best they can. But that probably does not mean a lot to the four fallen. We pour out our 40 to the undeserving four. Earlier: Fall Recruiting Open Thread: No Offer, No Cry
If you have a small penis the only thing you can do about it is buy a gun.
I can finally say that with the authority of judicial precedent behind me. As the WSJ Law Blog reported yesterday, Steve Warshak, founder of Enzyte, was sentenced to 25 for defrauding sad, pathetic men.
I have often watched the late night replay of the Daily Show and Colbert and wished, nay prayed, that somebody would put an end to this stupid ad-campaign so I could get back to Girls Gone Wild promos. Though U.S. District Judge S. Arthur Spiegel ruled that the company would be allowed to stay in business, one expects civil litigation to destroy once and forever the concept of “natural male enhancement.”
There are lots of penis products on television, usually in the form of car commercials. But the lack of subtlety from these Enzyte jerks is just totally out of place for the quiet, drunken depression that marks watching late night television. Get out of my head Smilin’ Bob, I do not believe you!
Now if we could only get rid of commercials telling me that I have to keep it up for 36 hours, life would be better. Fraudulent Male Enhancement Drug Gets Company Founder 25 Yrs. [WSJ Law Blog]
Over at f/k/a, David Giacalone wonders why few people have taken a stand on Harvey Silverglate’s outrageous contention that the “Harvard Factor” has somehow killed satire in the legal profession.
Stand at my wall and start screaming “Hektor,” why don’t you?
Professor Silverglate reminds me of the guy, Dr. Pritchard I believe, who wrote the poetry textbook in Dead Poets Society. He tries to make objective the subjective art of “comedy,” despite the fact that he is not funny.
Silverglate is annoyed that so many people reacted poorly to the New Yorker cover of Barack Obama dressed up in so-called “muslin” attire. His reasoning for the backlash over the cover is that “elites” — like Obama — have become so stifled in their thinking that they can no longer take a joke.
He specifically calls out the HLS Parody (full disclosure: I was part of the show each of my three years). He states that none of the humor approaches the frankness or “brutality” of previous incarnations.
Excuse me while I stand on my desk and shout “yawp.”
Maybe back in Silverglate’s day, all the good ‘ol boys could sit around and tell watermelon jokes with impunity. Today, at Harvard and I’d imagine most anywhere else, you can still make fun of racial and gender stereotypes, you just have to be a little bit more intelligent and creative about it. Why? Because “Gee golly, them girls sure can’t drive,” just isn’t funny anymore. It’s called progress.
More ad hominem attacks on Silverglate, after the jump.
Our Vault 100 series is winding down. We hope that the insiders have enjoyed the opportunity to brag (or to vent) about their firms. And that the curious have appreciated insights into life at various firms in the top 100.
Here is the next bunch up for discussion (with their prestige scores in parentheses):
* Barack Obama and Joe Biden accept the love of the Democratic Party. [Washington Post]
* Sobering news for the lovefest: “A potential conflict of interest involving Biden and one of the nation’s biggest asbestos litigation law firms.” [Politico]
* Bad Citibank! It owes 53,000 credit card customers $14 million for stealing their positive balances. According to one executive, “Stealing from our customers is a business decision, not a legal decision.” [Courthouse News Service]
* Child killer smiles as he hears death sentence. [CNN]
* Mexican Supreme Court upholds Mexico City’s abortion law. [Guardian]
* A Nepalese family is suing Iraq contractor KBR for human trafficking. [BBC News]
* Beach nudists sue for the right to be naked. [New York Times]
*… Fortunately for them, Orange County Superior Court Judge Shelia Fell likes nudity. [San Diego Union-Tribune]
* Expect McCain’s Veep pick today. [Politico]
The Vault 100 march continues! In this series of open threads, we list the firms, and you all discuss their upsides and downsides. We’ll be wrapping this puppy up this week.
Here are the next ten (with prestige scores in parentheses):
Usually, we have fun with the “notable perks” chosen by Vault. But as we move down the list, the perks are becoming distinctly less notable — e.g., gym membership discounts, free parking, and “good views.” Oh well.
You know what to do! Have at it in the comments. Earlier:Vault 100 Open Threads – 2009
* DJ Vlad is suing Rick Ross for an alleged beatdown administered by Ross and four other … creative consultants. You can almost hear DJ “punk-a$$” Vlad’s record label screaming “Noooooooooo.” [MTV News]
* The WSJ’s Ashby Jones wonders if summer programs — and the hiring timetable they’re tied to — are to blame for Biglaw’s financial predicament. [Wall Street Journal (subscription); WSJ Law Blog]
* Sadly, this should come as no surprise: Kafka sheds light on the legal profession. Move over, Above the Law; now there’s Before the Law. [Lexis Hub / BBPL]
* Really, really old laws will soon make it on to the internet. Moses would be so proud. [The Guardian via HuffPost]
* Former New York Giants defensive end Michael Strahan saw his child support payments reduced. The appellate court invoked the “three pony rule,” as in: “no child, no matter how wealthy the parents, needs to be provided [with] more than three ponies.” Maybe now Strahan can afford to fix his teeth. [Law.com]
* Did Hillary Clinton misquote Harriet Tubman? [The Caucus / New York Times]
As we expected, celebrity professors Cass Sunstein and Samatha Power were the winners of last week’s July Couple of the Month voting, running away with over 60 percent of the vote. Congratulations to this nerdy-hot duo!
This week’s set of contestants might be the strongest we’ve seen this season. Their write-ups feature five Harvard degrees, a Rhodes, and one of Biglaw’s most exalted surnames. Here are the names of the newlyweds:
Remember when “outsourcing” was something that only blue collar workers with “some” high school education had to worry about? Well, those days are long gone, and now the global economy is officially poised to raid Biglaw jobs.
In an opinion (PDF) made public on Tuesday, the ABA declared shipping legal work overseas to be ethically permissible. The New York Law Journal reports that the first causalities will likely be contract attorneys brought in for extra muscle during document intensive litigation.
But we know it won’t stop there. Check in with any other industry that has to face off against a subcontinent of educated, English-speaking professionals willing to do the work for fractions of what Americans demand. It’s not pretty.
To be sure, we can count on the ABA to erect other (largely protectionist) policies, to ensure that high-end legal work remains the sole purview of partners graduates from accredited law schools.
Yet so long as Biglaw remains big business, how long before the work of junior associates can be cost effectively shipped overseas? It’s not like firms want to go to $190K for incoming associates.
People already in the pipeline should be fine. But change is coming to our profession. This ABA decision isn’t the tip of an iceberg, it is the receding sea that anticipates a tsunami.
Make haste for high ground. ABA Gives Thumbs Up to Legal Outsourcing [Law.com] Earlier: Biglaw to… Rupees?
Charlie Herschel has been a fan of SURVIVOR since the first season and has been training for it ever since. A lawyer for one of the top 10 most prestigious law firms in the world, Herschel is ready to try his persuasion skills on a different type of jury.
This 29-year-old, marathon-running attorney and University of Pennsylvania graduate says he is above nothing when he gets to the island. Charlie’s strategy is to be authentic but with a twist. “With high risks, come high rewards, but the risks must be calculated.” The middle son of three boys and a native New Yorker, the Ivy Leaguer is not afraid to claw his way to the top.
If Herschel can survive in the Biglaw jungle, Gabon should be a piece of cake. And there’s precedent for lawyers faring well on Survivor. E.g., Yul Kwon (winner of Survivor: Cook Islands, and a year behind us at YLS).
Now, large law firms can be a bit stodgy. Some don’t react well to their associates’ forays into reality television. See, e.g., David Otunga (from I Love New York 2, and no longer at Sidley); Jeremy Anderson (from The Bachelorette, and no longer at Hunton & Williams). But see Denise Gitsham (welcomed back by K&L Gates, after appearing on The Bachelor); Stacy Rotner (still at Sidley, after appearing on The Apprentice; guess it’s more respectable than I Love New York 2).
What was Weil’s response to Charlie Herschel going on Survivor? Find out — and ogle photos of a shirtless Herschel — after the jump.
We have some bad news for this year’s summer associates. Based on Monday’s survey, brought to you by ATL and Lateral Link, about one in four attorneys at your firm didn’t like you.
The number of practicing attorneys who said “Summer associates, hate ‘em” narrowly beat the number of practicing attorneys who said “Summer associates, love ‘em,” by a margin of 25.06% to 24.82%. And while that edge may not be statistically significant, it still has to sting a little.
Among lawyers who had been practicing for more than two years, the gap widened considerably, to 30% vs. 22%.
And in Atlanta, Charlotte, Dallas, and Miami, associates of all ages hated summer associates most of all, to the tune of at least 40%.
Mind you, half of practicing respondents were simply neutral on the question — but that’s still pretty cold comfort, in this season of cold offers.
Read more, below the fold.
Judging from our traffic, readers are enjoying this rundown of the Vault 100. We do aim to please here at ATL. We appreciate those who have offered insights about firms in the comments.
Moving on to the next group (with prestige scores in parentheses):
As we move down the Vault list, “notable perks” are becoming less elaborate. This group is dominated by tales of free food, from endless soda at Greenberg Traurig to weekend doughnuts and muffins at Foley. And it appears that Pillsbury lacks a monopoly on cookie benefits; over at Cahill, lawyers are plied with “twice daily cookie trays.”
We note this food-related perk at Bingham: “If any lawyer takes out a more junior lawyer for drinks/dinner, he/she can submit the expense to the mentoring budget AND the senior person can get creditable hours.” Can you expense the roofies?
We invite you to compare and contrast these firms’ work, lifestyle, benefits… and cookies, in the comments. Earlier:Vault 100 Open Threads – 2009
As part of a nationwide tour, Above the Law is coming to the great city of Chicago.
Join preeminent law firm management consultant Bruce MacEwen, Katten Muchin Chicago managing partner Gil Sofer, and JPMorgan Chase & Co. assistant general counsel Jason Shaffer for a panel discussion (sponsored by Pangea3) on the evolutionary and market forces bearing down on the law firm business model. Come on by Thursday, November 20, at 6 p.m., for thought-provoking discussion, food, drink, and networking.
Space is limited and there will be no on-site registration, so please RSVP
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.