Hallelujah and rejoice, for there are new Biglaw rankings upon us. Today, the American Lawyer magazine announced its Global 100, a ranking of the world’s 100 largest law firms in terms of total revenue. As we learned from the 2014 Am Law 100, the super-rich among the world’s Biglaw firms are only getting richer, and the latest rankings serve only as confirmation of this fact.
Last year, there were some surprising moves among the top 10 global firms, with DLA Piper swooping in to steal Baker & McKenzie’s thunder as the top-grossing firm in the world. Did the global mega-firm manage to reclaim its glory in the Global 100?
How do you think we pick lawyers to defend us in litigation?
Judging from some of the emails I get, this is the picture in your mind’s eye:
“Hey, boss, we just got sued in New York. We’ll have to defend ourselves.”
“Shoot! New York City! Do they have any lawyers there?”
“Damned if I know. Lemme grab the New York City phone directory and take a look.”
An hour later:
“Good news, boss. There’re a whole gaggle of lawyers in New York. I think we should hire Bigg & Mediocre.”
“They have an 800 number, so we’ll save some money. And they have a whole bunch of lawyers; one of ‘em probably knows what this ‘RICO’ thing stands for. And their website is really fancy; you wouldn’t believe it.”
“Great! Call that 800 number and ask them to connect you to a litigator.”
If that’s what corporations are doing, then at least you know how to develop business . . . .
Cease-and-desist letters are usually useful legal tools to help combat the appropriation of intellectual property, but sometimes lawyers are a little too quick to send them out.
Take, for example, a recent C&D letter Instagram’s legal department sent to a website owner who was supposedly infringing upon the photo-sharing service’s trademark with his registration of the “slutsofinstagram.com” domain name.
You can’t blame Instagram for not wanting its mark to be associated with a website purporting to depict the “Sluts of Instagram,” but as it turns out, the offending website doesn’t have any sluts at all…
If you think about it, there shouldn’t be any bar exam administrative debacles. Something like ExamSoft should never be allowed to happen. Every state has its own board of law examiners, and these folks simply have to administer and score a test. It’s amazing that every year, at almost every administration of the bar exam, there is some kind of comic failure from those in charge of administering the exam.
Of all the bar exam failures we’ve covered, this one is the most cruel. It’s terrible to tell students that they’ve passed the bar when they actually failed. But telling them the night before the swearing-in ceremony is among the worst things I’ve ever heard….
Earlier this month, we reported on Bingham McCutchen and Morgan Lewis & Bockius’s agreement to merge. The 750-lawyer Bingham firm has been going through a rough patch lately, so news of the deal with 1,200-lawyer Morgan Lewis sounded like a rescue to some observers.
But rescues come with terms and conditions. What are the ones at issue here? There’s good news for some Bingham partners, and bad news for others….
American companies often come to us with a “great business idea” that turns out to be prohibited for foreign companies in China. When we give them the bad news, their first response is usually: “But that makes no sense.” Some then suggest that all we need to do is meet with the “right people” in the Chinese government to explain how their business will create jobs and boost China’s economy. We tell them that will never work.
China has deliberately limited foreign involvement in certain industries (e.g., publishing and the Internet) to be able to control those industries. The Chinese government is more concerned with social harmony and the contentment of its citizens than with economic numbers, and you should always factor this into your China business decisions. China’s slowing economy only heightens the government’s focus on contentment.
If you are doing business in China, or even just considering it, you should be mindful of the following…
She’s not a porn star, she’s a law student. We could see where you might be confused by that one.
* Now that we know Eric Holder is resigning, there’s been speculation as to where he’ll go next. The obvious choice is a return to Covington & Burling, but he could still surprise everyone. [National Law Journal]
* “Judicial campaign cash is burning a hole in the Constitution.” State court judges are pumping money into their election campaigns, and some have been left to wonder about its true price. [New York Times]
* Details have emerged as to conditions that must be met for Bingham McCutchen’s proposed merger with Morgan Lewis: partner promises, de-equitizations, and forgivable loans, oh my! [Reuters (sub. req.)]
* A former law student who was falsely identified as a porn star on the radio had her day in court and pulled out a win. Here’s the money shot: she’s walking away with $1 million in damages. [Kansas City Star]
President Obama formally announced the resignation of U.S. Attorney General Eric Holder this week. Filling the position ordinarily poses a political challenge, but installing Holder’s successor will be particularly rancorous. And we have Eric Holder himself to thank for that.
With Congressional midterm elections weeks away, confirmation hearings for a new AG any time soon seemed unlikely at first. However, Senator Patrick Leahy (D – VT), the chair of the Senate Judiciary Committee, announced that he intends to urge the confirmation process onward. “Definitely, we should have confirmation hearings as quickly as possible in the Senate,” Leahy told MSNBC’s Andrea Mitchell. Changes to Senate rules allow debate to end over executive and judicial branch nominees (except for nominees for Supreme Court vacancies) with a simple majority vote, rather than a supermajority of 60 votes. At least until the January 2015 session, when the Senate can revisit the rule change, Senators cannot filibuster the vote on Eric Holder’s potential successor. No matter what shifts occur after the upcoming elections, Republicans hold only 45 seats in the Senate until January 2015. So, Democrats acting quickly hold an advantage. However, Democratic senators facing dicey election contests may not be enthusiastic about their party’s push for hearings before the election.
The AG confirmation process opens a new battlefield in the war between supporters of President Obama and his critics. The battle to confirm Eric Holder’s successor promises to be messy. Senate Republicans will treat the process as a referendum on everything President Obama has done — possibly everything his critics suspect he might want to do. Washington politics makes this sort of fight possible. The timing of Holder’s resignation, a few weeks ahead of Congressional midterm elections, makes this plausible. But Eric Holder himself made this battle necessary.
An LGBT group at a top law school is having a “neon party” this weekend. Posters promoting the event featured a scantily clad black woman with a pleasing backside. This poster has caused a kerfuffle… and I bet you can guess the law school.
Now, it doesn’t escape the notice of the black community when white gay men appropriate black female culture (or white women who have appropriated black culture) as “mascots.” But black people are pretty used to white people “stealing” their culture. White culture is like the Borg.
That said, there are real, honest-to-God racial issues in this country that need to be addressed. Gay men twerking is not one of them…
Ed. note: Stat of the Week is a new feature that pulls data points from ATL Research as well as noteworthy sources across the web.
Rumors of a Bingham McCutchen/Morgan Lewis merger were confirmed this week when news broke that the two firms had reached an agreement to combine. The firms have a lot in common in terms of financial metrics: for 2013, Bingham came in at $1.48 million for profits per partner and $960,000 for revenue per lawyer, while Morgan Lewis posted similar numbers, $1.57 million and $945,000, in those categories (according to Am Law).
Something the two firms don’t have in common? The direction they’ve been heading in….
Slap on your frowny faces, everybody! This poor law professor is used to people not liking him, but now a critical mass of his own field has turned on him. As of this second, 292 professors have signed on to a statement denouncing him and demanding he relinquish control of the internationally-recognized rankings he founded. As a professional troll, he routinely threatens critics with legal action based on theories that… well, boggle the mind. He once accused me of per se defamation, which was per se frivolous. And now all that baseless aggression has come back to haunt him.
Will he go gentle into that good night?
Of course not! He’s a “fighter,” which is a dressy word for “self-absorbed narcissist.”
OmniVere’s delivery of end-to-end technology & data consulting to position the company as a true differentiator in the global legal technology and compliance space.
CHICAGO, IL, September 29, 2014 – OmniVere today announced the creation of the company’s technology & data consulting arm and the addition of several industry-renown experts, including the former co-chairs of Berkeley Research Group’s (BRG’s) Technology Services practice, Liam Ferguson, Rich Finkelman and Courtney Fletcher.
This new consulting practice will provide and expand existing OmniVere eDiscovery consulting services to corporations, law firms and government agencies with a special focus on compliance, information governance and eDiscovery. This addition of this top talent now positions OmniVere as a true industry leader in the technology and data consulting space offering best-in-class end-to-end services.
Ferguson, Finkelman & Fletcher are nationally recognized experts and seasoned veterans in the areas of overall technology, electronic discovery, and structured data. At OmniVere, the team will be focused on all global consulting activities with respect to legal compliance, complex data analytics, business intelligence design and analysis, and electronic discovery service offerings.
The Trust Women conference is an influential gathering that brings together global corporations, lawyers and pioneers in the field of women’s rights. Unlike many other events, Trust Women delegates take action and forge tangible commitments to empower women to know and defend their rights.
This year, the Trust Women conference will take place 18-19 November in London. From women’s economic empowerment to slavery in the supply chain and child labour, this year’s agenda is strong and powerful. Speakers include Professor Muhammad Yunus, Nobel Laureate and founder of the Grameen Bank; Phumzile Mlambo-Ngcuka, Executive Director of UN Women; Mary Ellen Iskenderian, President and CEO of Women’s World Banking and many other influential leaders. Find out more about Trust Women here.