The cutting-edge information and security practice of Hunton & Williams is getting the firm lots of media attention these days — but not of the positive variety. The firm’s lawyers are getting coverage due to their information becoming insecure after a hacktivist group leaked emails they exchanged with security firm HBGary.
Last night, the firm’s logo was flashed several times on the Colbert Report, as Stephen Colbert named the firm as the link between the DOJ, HBGary, and Bank of America, in coming up with questionable tactics for undermining liberal activists. (See our prior post, Hunton & Williams Gets WikiLeaked.)
What is most significant here is that you have these plans that are clearly crossing a legal line, with very serious players involved. Law firms like Hunton & Williams are the most powerful in D.C. And no one at any point said, “Maybe this goes a little too far, maybe we shouldn’t be doing this.” So willing to cavalierly to put a plan like this that clearly proposes illegal steps down on paper. It clearly shows that this sort of stuff in this world of corporate and government consortium of power is pretty normal, is par for the course.
Moral of the show: BigLaw + BigGov = Evil. Check out Colbert’s telling of the “techno thriller” tale (after the jump). Think Star Wars, with Bank of America as Darth Vader, HBGary and Hunton & Williams as commanders of the Imperial Forces, WikiLeaks as Princess Leia, and Anonymous as Han Solo….
* Baker Hostetler is making out like a bandit on this whole Madoff thing. I’ve always assumed bandits make out with a lot of tongue. Like the French. [New York Times]
* It will take awhile before the effects of the Obama administration’s decision on DOMA are felt. In the meantime, supporters of the law are relying on Congress’s Boehner to fill the gap. [Washington Post]
* Looks like federal judges are going to have to cut costs. It will be a great day when our federal judges get all the money they need and the Air Force has to hold a bake sale. Not to buy a bomber, but because everyone likes cookies. [ABA Journal]
The volume of applications to law schools nationwide is down by about 13 percent for the fall 2011 class, as noted recently by the Daily Journal (subscription). This is positive news. Maybe it means that people who are thinking prudently about their futures are finally getting the message that law school is no longer a golden ticket (assuming it ever was).
Of course, if all the wise people start avoiding law school, we’ll be left with the Idiocracy paradigm: only the slow and reckless will submit themselves to three years of legal education.
That might be bad for the legal profession, but it will certainly give us more to write about here at Above the Law. It’s been far too long since we’ve had a bunch of law students doing dumb, drunken things at a law school event. (Tulane, I don’t even know who you guys are anymore. The bad economy must be killing your mojo.)
With Tulane sidelined by a case of “let’s try to be respectable,” I’m happy to report that another law school seems ready to step up and fill the embarrassingly drunken void….
* Yes, we have seen the excellent GW Law Revue video based on the Cee Lo Green song (embedded above). No need to send it to us again. In fact, please do not send us links to any Law Revue videos until we announce the start of our third annual Law Revue Video Contest (perhaps next month, but stay tuned). [YouTube]
* The SEC’s general counsel, David Becker, gets involved in the Madoff litigation — as a defendant, in an action brought by trustee Irving Picard. [Am Law Daily]
The lawsuit captioned Dreier LLP v. Judith Regan was filed back in March 2008, months before Ponzi schemer Marc Dreier’s eponymous law firm went bust. But it’s back in the headlines as of today, thanks to some juicy documents unearthed by the New York Times.
The documents in question — affidavits that were supposed to be kept under seal, but inadvertently kept in the public case file (until their recent removal) — implicate a number of famous figures. The boldface names include controversial publisher Judith Regan, Fox News chairman Roger Ailes, former New York City mayor (and presidential candidate) Rudy Giuliani, former New York City police commissioner (and current prison inmate) Bernard Kerik, and, of course, the now-defunct Dreier law firm….
Many Above the Law readers are currently facing dismal job prospects as the law-firm economy continues to trail the national economy. Some are law students contemplating graduation without an offer in hand. Others are junior associates who fear the return of mass layoffs. Still others are recent graduates bouncing between contracting jobs and other stopgaps. And the solution that many of these readers are arriving at is to start theirown firms. As someone who did that 13 years ago, I applaud the sentiment. But before you go shopping for shingles to hang, I have one — and only one — question for you:
Do you want to run a business, or do you want to practice law?
I’m not being facetious here; it’s a completely serious question. But I’m afraid it’s not a question that most budding shingle-hangers ask themselves. And the answer is crucial: your future happiness depends on it. Because unfortunately, many lawyers start their own shops for exactly the wrong reason, and they find themselves in the worst possible job they could imagine: working as an underpaid wage slave for a complete idiot of a boss. (Themselves.)
I give a lot of informational interviews to newer attorneys or to law students who (think they) are interested in starting their own practices. And I always ask them this question, and most of the time, they answer: “Both.”
It’s a sad state of affairs when a law school holding the line on tuition is breaking news. But with nearly every other law school rushing to bilk students who will pay anything for a legal education (law schools at Stanford, Arizona State, and Minnesota spring to mind), it’s nice to see at least a couple of schools that regard their students as something more than profit centers.
Maryland announced its tuition freeze in December. The National Law Journal reports that Miami recently announced it would be maintaining a tuition freeze already in place. Now UNH Law is joining their ranks. There’s still plenty of room on this bandwagon if your law school would like to take a brief break from molesting your financial future.
Not that UNH Law is cheap, especially for a third-tier law school. But this tuition freeze is another indication that UNH is at least trying to think about legal education in a somewhat realistic way…
Thank you for all your responses (or attempted responses) to this week’s Career Centersurvey on whether or not you worked on Presidents Day. We received 715 responses before the flood of respondents managed to take the survey offline.
Based on the responses we did receive, the majority of respondents – 73% – reported working on Presidents Day, up from 66% who reported working on Martin Luther King, Jr. Day. Almost half of these respondents indicated that their firm does not recognize Presidents Day as an official firm holiday, and 38% said that although no one asked them to do work, they had stuff that needed to get done.
What were some of the other reasons given for working on Presidents Day?
* More than 100 law professors are lobbying Congress to apply an ethics code to the Supreme Court. In related news, Clarence Thomas continues to troll the f**k out of a bunch of law professors. [ABA Journal]
* Arizona might have a host of new anti-immigration laws. The state hasn’t been this welcoming since The Brothers Brothers were working for their tourism commission. [New York Times]
* “Teachers accused of steamy lesbian romp fire back at city with $2M suit.” [New York Post]
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.
Things have changed recently in Korea – a few of our US and UK client firms are looking, very selectively, for a lateral US associate hire. Until just recently, there was not much hiring like this going on in Korea, since US and UK firms started opening offices there. We have already placed two US associates in Korea in the past month at top firms. Most of the hiring partners we work with in Korea do not actively work with other recruiters.
If you are a Korean fluent US associate in London, New York or another major US market, 2nd to 6th year, at a top 20 firm, with cap markets or M&A focus (or mix), or project finance background, and you are interested in lateraling to Korea to a top US or UK firm, please feel free to reach out to us at email@example.com or firstname.lastname@example.org. Our head of Asia, Evan Jowers, was just in Korea recently, and Evan and Robert Kinney will be in Korea in a few weeks. We are in the process of helping several firms open new offices in Korea (a number of which are interviewing our partner level candidates) and also helping existing offices there fill openings.
Professor Joel P. Trachtman has developed a unique, practical guide to help lawyers analyze, argue, and write effectively.
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For most attorneys, time spent managing the books is a necessary evil at best. Yet it is undeniably a crucial aspect of running a successful practice. With that in mind, we invite you to view or download a free webinar by Above the Law and our friends at Clio to learn how to better manage your finances.
Take this opportunity to learn what it takes to streamline your accounting and get the most out of your time. The webinar agenda:
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