In its recent obituary for Warren Christopher, former U.S. Secretary of State and former senior partner at O’Melveny & Myers, the New York Times referred to O’Melveny as “the most traditional and prestigious of Los Angeles law firms.”
Well, if you want to be one of the “most prestigious” Los Angeles law firms — or national or global law firms, to the extent that O’Melveny has outgrown L.A. — then you need to pay your people appropriately. So perhaps it shouldn’t come as a shock to learn that OMM has announced spring bonuses.
We received confirmation and details of the O’Melveny spring bonuses from multiple sources. Amusingly enough, about half of our sources on this story are anxious associates at Gibson Dunn….
My tenure at Sullivan & Cromwell ended – along with my legal career – in a smoking crater. Picture scorched earth. Nuclear armageddon. The fat lady sang.
That said, I actually got off to a pretty good start. At least for the first couple weeks.
I was assigned to a rather jolly partner, fresh back from running an office in Asia. He didn’t seem a bad sort, and I was feeling on top of the world, commencing my career after a month’s vacation. Off I scrambled to the library to write a memo on a detail of securities law. The topic was complex, but I kept my cool, summarized what I found – with a touch of wit – and called it a day.
Things went swimmingly. The partner loved the memo. He deemed it clever and refreshing and pretty close to accurate. Apparently, I’d managed to lighten the mood at a key moment in a tough deal. I decided I loved him…
Did you show up to work on time this morning? Did you? You better show up to work on time, every day, or else Gary K. Shipman will come and get you.
Don’t know who Gary Shipman is? Well, you are about to. He has his own small law firm in North Carolina, and he is goddamn tired of people showing up to work late. And yeah, 9:00 a.m. is late, according to Shipman. Hey, you don’t get highlighted in the Wilmington Star News for your “aggressive nature” and “work ethic” without starting to bust heads at 8:30.
I guess when you have your own firm, you can send around any email you want — even slightly nonsensical emails about when “lunch hour” is supposed to start…
[There wasn't] some dramatic meeting in the Oval Office where everybody tried to persuade the president not to do this, and Samantha rolled in with her flowing red hair and said, ‘Mr. President, I stand here alone in telling you that history calls upon you to perform this act.’ That’s not how it happened.
– Tom Malinowski, Washington Director for Human Rights Watch, refuting speculation that U.S. military intervention in Libya was the handiwork of his good friend, Samantha Power.
(As longtime ATL readers will recall, Samantha Power is the beautiful, brilliant, Harvard-trained lawyer who is currently a top foreign policy adviser to President Obama — and who famously called Hillary Clinton “a monster” during the 2008 presidential campaign (and then resigned from the campaign). Power is now married to prominent Harvard law professor and fellow Obama adviser Cass Sunstein. You can read about their wedding here, and see exclusive ATL photos of them here.)
* I hate crappy customer service as much as the next guy; I just hope UCLA law students from “third world s**tholes” aren’t offended. [Professor Bainbridge]
* Forgive my ignorance, but I don’t see why the right has a problem with the Employment Non-Discrimination Act. They know you don’t catch “the gay” from working with gays. I mean, I’m still as straight as an arrow. [Bilerico]
* As long as we’re thinking of giving prosecutors bonuses, let’s also grant them the right of prima nocta over the wives of any men they convict. The latter idea is just as stupid as the former. [Overlawyered]
* While law students suffer in unemployment and tuition continues to spiral upwards, law professors have decided to draw a line in the sand over tenure. In related news, 18 law professors have been hospitalized after attempting to wedge their heads up their own asses. [TaxProf Blog]
* Law school valedictorians are so socially awkward that they need this advice. [Law Riot]
I feel like there should be a student protest reality show.
Too often, people act like post-graduation unemployment is a malady that affects only students at lower-ranked law schools. People act like only lazy students at third-tier institutions — or “rank not published” institutions, if you prefer — end up desperate for work after three years of legal education.
But we know better. We know that the threat of unemployment is very real to all law school students. Sure, the higher-ranked schools might do a better job of getting their students jobs, at least in percentage terms; but even top schools have students who want to work but cannot find jobs.
Students at one top-ten law school are sick of suffering in silence. They want everybody, especially admitted students, to know that going to an elite law school doesn’t guarantee you a good job.
Given the state of the legal economy and the cost of law school tuition, it’s a wonder that this kind of thing doesn’t happen more often….
In parts one, two and three of the Career Center “Tip of the Day” series, focused on how junior associates can become more indispensable to their law firms, we covered the importance of taking ownership of your work, becoming an expert in your field, and developing effective management strategies. Today, we’ll discuss a point that sounds obvious but has some subtleties: following the rules.
These tips are provided by the experienced recruiters at Lateral Link, who, in addition to providing sound career advice, can advance your career by consulting with you on the hundreds of law firm and in-house positions they have in their network.
I am an aspiring law student getting ready to send off my law school application. However, I have a problem: I can’t go to the only law school that makes sense for me; not because I did not score well enough, but because of an American Bar Association rule whose blanket coverage does not really apply in its intended sense to my situation. The rule deals with not allowing anyone to attend a full time law program while working more than 20 hours per week.
Currently, I have my full time dream job as New York City fireman and, honestly, I could not imagine quitting it for anything. However, it does not mean that obtaining my J.D. and having the opportunity to give back more to the community and stimulate my mind on my days not at the firehouse is not also an aspiration of mine. Unfortunately, it seems that both of my dreams cannot be achieved in an economically feasible manner. Only one of the schools in the area is a state school and affordable (see: rational) for me to attend, but they only offer a full time program….
The wheels of justice might have taken a wrong turn today. It seems that Justice Antonin Scalia had some minimum contacts — with another vehicle, on a highway outside D.C.
According to a Supreme Court spokesperson, Justice Scalia was involved in a minor car accident this morning, while heading in to One First Street to hear oral argument in Wal-Mart v. Dukes. The accident took place on the George Washington Parkway (a tricky road to drive on, as I know from my time spent in Washington).
Justice Scalia — my personal favorite among the justices, for his brilliance, wit, colorful personality, and unmatched writing skill — was thankfully not injured. He made it on to the bench in time for the Tuesday oral argument session.
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
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: