The firm of Dewey Ballantine was never known for being particularly PC. From a 2004 article by Anthony Lin, for the New York Law Journal:
Nearly one year after lawyers at Dewey Ballantine infuriated members of the Asian-American community by performing a stereotype-laden parody song at their annual dinner, the law firm is again dealing with allegations of racial insensitivity….
On Monday, an employee sent a firmwide e-mail advertising the availability of some puppies for adoption. Douglas Getter, a London-based American who heads Dewey Ballantine’s European mergers and acquisitions practice then sent a firmwide reply.
“Please don’t let these puppies go to a Chinese restaurant!” Getter wrote in his e-mail.
Now Dewey has merged with LeBoeuf Lamb. Happily, it appears their firm cultures are a good match. Check out this email exchange appearing below — and note that Partner X came from the LeBoeuf Lamb side of the marriage….
[At the time of the Second Amendment's drafting,] lawmakers took a devil-may-care approach to punctuation. Often, the whole business of punctuation was left to the discretion of scriveners, who liked to show their chops by inserting as many varied marks as possible.
Another problem with trying to find meaning in the Second Amendment’s commas is that nobody is certain how many commas it is supposed to have. The version that ended up in the National Archives has three, but that may be a fluke. Legal historians note that some states ratified a two-comma version. At least one recent law journal article refers to a four-comma version.
The best way to make sense of the Second Amendment is to take away all the commas (which, I know, means that only outlaws will have commas). Without the distracting commas, one can focus on the grammar of the sentence.
… [W]hen the justices finish diagramming the Second Amendment, they should end up with something that expresses a causal link, like: “Because a well regulated militia is necessary to the security of a free state, the right of the people to keep and bear Arms shall not be infringed.” In other words, the amendment is really about protecting militias, notwithstanding the originalist arguments to the contrary.
In fairness to the other side of the debate, that’s just one scholar’s opinion. Many others, including prominent liberal academics, disagree.
What do you think? Take our poll, after the jump.
For non-New York associates of Sidley Austin, Monday is the big day. The firm just sent out a memo informing them that bonuses will be distributed at that time. As you may recall, the firm previously announced special bonuses, but only for its New York office — news that was not well-received outside of NYC.
If you’re hoping for hard numbers, you’ll be disappointed; the memo is rather vague. It states:
[W]e continue to determine bonuses on an individual basis and consistent with our culture and practice, will communicate with you individually about them. Because year-end bonuses remain discretionary and are tailored to individual circumstances, no description of the relevant factors could be exhaustive. As in recent years, however, we again have considered the hours that each associate has spent on chargeable, pro bono, and certain non-chargeable matters such as legal services to the Firm, as well as the quality of each associate’s work and other special contributions to the Firm.
You can read the whole thing, in all of its glorious opacity, after the jump.
Law school list serve trainwrecks are a staple here at ATL. We’ve written about several — see, e.g., Cumberland Law School; Washington University School of Law — and they tend to be popular with readers.
A student at NYU Law School brought a recent listserv debacle to our attention:
[This listserve controversy] touches on many law school and other legal topics. They include grades, finals, state vs. T14 schools, Jesus, the Constitution, Jesus vs. the Constitution, and [people] who were arrested at Harvard [see April 24, 2:21 AM entry] and feel the need to announce it to the whole law school.
Perhaps it’s just exam stress all around, but having just taken my crim pro final earlier today, the last bit made things extra hilarious.
The reader then included several emails from the thread. But fortunately for us, another NYU law student already collected and posted them over here (which saves us the trouble of cutting and pasting).
More after the jump.
Here are the results from yesterday’s Featured Job Survey, brought to you by ATL and Lateral Link, which inquired into billing rates.
More than 700 of you responded to yesterday’s survey, not counting a few dubious entries. In case you were wondering, yes, we really do discard your response if you claim to be billing out at $25 an hour at Sullivan & Cromwell. We’re asking for your rates for legal services.
For those of you wondering what the average rate for an hour of lawyerly time is these days — and whether your firm is selling you cheap — here are the national averages based on our (admittedly unscientific) survey:
How many associates think they’re worth more than that? Find out, after the jump.
Last month, Morgan Lewis & Bockius issued a bonus non-announcement — a placeholder memo, indicating that bonus news would be forthcoming.
Perhaps MLB associates have reason to be optimistic. The firm must be saving some money, since it’s making associates pay their own way on the ski trip of Business and Finance Practice Group. Our tipster observes: “[T]his is yet another reflection of Morgan Lewis’ caring attitude.”
When law firms hold “destination events” — e.g., the Boies Schiller firm meeting in Jamaica, the Kirkland & Ellis retreat at the Hotel Hershey, and other retreats mentioned here — they often pay for their associates to attend. But there’s no rule holding that they must do so, especially if attendance is voluntary (which is the case here).
And hey — at least the firm has negotiated a special ML&B discount!
(ML&B ski trip memo, after the jump.)
Our recent open thread about boutique law firms prompted another request for more beyond-Biglaw discussion:
Not really a tip, but how ’bout a thread on midsize firms — not quite big law, which has been going on for a while, and not quite boutique, which you just recently posted. I’m talking 75-200 attorney type firms that still pay $125K-$150K base in New York (don’t know much about other regions).
Our tipster provided a few examples of the firms in question, with starting salaries (note — we have not independently verified these numbers):
If you have information to share on year-end bonuses (or compensation more generally) at midsize / regional law firms, please share in the comments. It would be optimal if you could identify the firm by name; but if you can’t, please provide as much information as possible. Thanks. Earlier: Associate Bonus Watch: Beyond Biglaw
Here’s the latest Job of the Week, courtesy of ATL’s career partner, Lateral Link. If you’re not already a member of Lateral Link, you can sign up through their website. Membership, which is free and confidential, allows you to learn about new legal opportunities as they become available. Position: Staff Counsel Company: ActBlue Location: Boston, MA Position Description: Staff Counsel will report to Executive Director. Initial responsibilities will include:
• Research of campaign finance laws and regulations at the federal, state and local levels.
• Developing and implementing legal and lobbying strategies to expand ActBlue’s ability to operate at the state level.
• Ensuring compliance with all applicable campaign finance and privacy laws.
• Cultivating relationships with election offices and local campaign finance attorneys across the country.
• Responding to legal inquiries and complaints.
Additional information, after the jump.
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.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: