Partner Issues
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Abortion, Biglaw, Family Law, Gay, Morning Docket, Old People, Partner Issues, Suicide, Vermin / Rodents / Pests, Women's Issues
Morning Docket: 03.08.12
* Lawyers at this Biglaw firm may learn a thing or two about respecting their elders later this week. Kelley Drye is close to settling an age discrimination suit filed by Eugene D’Ablemont, one of its many de-equitized partners. [Wall Street Journal]
* Well, this could definitely be one of the reasons why Cravath hasn’t given out any spring bonuses to associates yet this year. They probably had to spend all of their money to clean up their allegedly fly-infested cafeteria. [Am Law Daily]
* Women in Virginia will now be able to politely decline their pre-abortion transvaginal ultrasounds in favor of abdominal ones. Oh, how nice! Look at that, girls, we totally won the war on women. [CBS News]
* Things Dharun Ravi texted to Tyler Clementi on the night the latter committed suicide? “I’ve known you were gay and I have no problem with it.” Of course you knew, you watched his sexual encounters via webcam. [CNN]
* According to the Massachusetts Appeals Court, this equation makes sense: donor sperm + donor eggs + an estranged wife + consent to post-separation IVF = a child support obligation. [Boston Globe]
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Biglaw, Interview Stories, Job Searches, john quinn, Law Schools, National Association for Law Placement (NALP), Partner Issues, Partner Profits, Summer Associates
Quinn Emanuel Takes a New Approach to On-Campus Recruiting
Nobody has ever accused Quinn Emanuel of being too conventional. Now the firm is experimenting with a new approach to on-campus recruiting. What does John Quinn have up his sleeve? - Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so… -
Biglaw, Husch Blackwell, Partner Issues, Partner Profits
Yes Virginia, Partners Get Demoted Too
We’ve heard many stories about partners without sufficient business quietly being "pushed out" or de-equitized. But we rarely see an entire group of partners publicly "demoted" en masse. Well, on Monday a Biglaw firm did just that…
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Biglaw, Dewey & LeBoeuf, Dewey Ballantine, Layoffs, LeBoeuf Lamb, Money, Partner Issues, Partner Profits, Staff Layoffs
Dewey Owe Too Much to Certain Partners?
Do some of Dewey's recent financial issues stem from excessive amounts owed to certain partners? And how is the firm handling the situation? -
Associate Bonus Watch 2011, Biglaw, Bonuses, Money, Partner Issues, Partner Profits
Associate Bonus Watch: O'Melveny & Myers(And other OMM developments.)
How are things - including, but not limited to, associate bonuses - looking at O'Melveny & Myers? -
Associate Bonus Watch 2011, Biglaw, Bonuses, Money, Partner Issues, Partner Profits
Associate Bonus Watch: Paul Hastings
In terms of firm finances, Paul Hastings had a perfectly decent 2011. Revenue and profits were fairly stable; on the bright side, revenue per lawyer surpassed the $1 million mark for the first time. So how are those revenue-generating worker bees being compensated? Bonuses are out at Paul Hastings. How are PH associates reacting? -
Biglaw, General Counsel, In-House Counsel, Partner Issues, Practice Pointers, Secretaries / Administrative Assistants
Inside Straight: On Being 'Light'
How do you keep a client (or a boss) happy? Be "light." What does it mean to be light? -
Biglaw, Dewey & LeBoeuf, Headhunters / Recruiters, Lateral Moves, Layoffs, Money, Musical Chairs, Partner Issues, Partner Profits, Staff Layoffs
Dewey Have Comment on Recent Developments?Yes -- Firm Is Cutting 5 to 6 Percent of Personnel
The rumor mill has been churning nonstop over the past week about Dewey & LeBoeuf. In our recent stories about the firm, we’ve discussed reports of financial difficulties, partner departures, and possible layoffs of lawyers and staff. Firm management has been fairly tight-lipped -- until now. What did firm chairman Steven Davis have to say? - Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use. -
Associate Bonus Watch 2011, Associate Salaries, Biglaw, Bonuses, Killing Lockstep, Money, Partner Issues
Associate Bonus Watch: Baker Botts Bounty
Baker Botts bonuses are out. How are they looking? -
Admin, Biglaw, Health Care / Medicine, Old People, Partner Issues
The Lament of a Thirty-Something
It occurs to Elie Mystal that, once again, he's in much better shape for this new phase of consequences -- getting older -- than he would be if he were still at a Biglaw firm. Because while Mystal needs to refine and hone his skills in his mid and late thirties, associates at top law firms need to gun it. They need to take their suddenly aging bodies and turn every morsel of ATP into billable hours if they want to make partner. And they need to do it now.... -
Biglaw, Bonuses, Money, Partner Issues, Partner Profits
Show Them the Money: Where Are the Spring Bonuses?
Today is March 1. By this time last year, about a dozen firms had announced spring bonuses, as you can see from our prior coverage. This year? Crickets. What's going on? -
Biglaw, Dewey & LeBoeuf, Lateral Moves, Money, Partner Issues, Secretaries / Administrative Assistants
Dewey Have a Plan of Action?
We recently wrote about various developments at Dewey & LeBoeuf. There have been reports of the firm having some financial issues, and there have been some notable partner departures as well. Sources we’ve heard from at Dewey feel significant anxiety right now about the direction of the firm. What is the latest news? -
Biglaw, General Counsel, In-House Counsel, Partner Issues
Inside Straight: The Injustice Of Trust
I have two memos sitting unread in my inbox. One of the memos is great; the other one is terrible. I know which is which. And, as I said, I haven't yet read either one of them. Isn't trust terribly unfair?
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Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
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Legal AI: 3 Steps Law Firms Should Take Now
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
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Fabulosity, Lawyerly Lairs, Money, Partner Issues, Real Estate
Lawyerly Lairs: A Partner Sells in Brooklyn
A partner at a major law firm has put his Brooklyn Heights townhouse on the market for $10 million. Who is he? And, more importantly, what does his house look like? -
Biglaw, Layoffs, Partner Issues, Partner Profits, Secretaries / Administrative Assistants, Staff Layoffs
Staff Layoff Watch: Bingham McCutchen Makes Cuts
Are staff layoffs at large law firms on the upswing? Bingham McCutchen just announced some cuts. How many individuals were affected, and what was the rationale for the reductions? -
Biglaw, Job Searches, Law Schools, Money, Partner Issues, Rankings, Student Loans
Best Law Schools for Getting a Biglaw Job (2012)
Which law schools excel at sending their graduates into jobs at large law firms, i.e., Biglaw? Check out the National Law Journal's annual ranking of the top 50 law schools by the percentage of 2011 juris doctor graduates who took jobs at NLJ 250 firms. -
Biglaw, Dewey & LeBoeuf, King & Spalding, Lateral Moves, Money, Partner Issues, Partner Profits
Where's LeBoeuf? An Update on Doings at Dewey
What's going down at Dewey? Some claim the firm is experiencing financial difficulties, and there have been some partner departures and reports of associate layoffs. But Dewey claims that it's really just business as usual over there. Let's tackle the question: Where's Le Boeuf? -
Biglaw, Billable Hours, In-House Counsel, Litigators, Money, Partner Issues
Inside Straight: Creating The Wrong Incentives
When we create rules, we want people to follow them. When we build incentives into rules, we want people to be motivated by those incentives. But the rule-makers cannot foresee all of the consequences of the rules they create. In the end, we're counting on people to act in good faith and use common sense. Will that work? -
Biglaw, Blind Item, Nauseating Things, Paralegals, Partner Issues
A Biglaw Bathroom Blind Item
We know how you love blind items. And we know how you enjoy potty humor. So let’s mash up these two categories, to generate a Biglaw bathroom blind item…. -
Biglaw, In-House Counsel, Lateral Moves, Musical Chairs, Partner Issues
Inside Straight: Don't Tell Obvious Lies!
Okay, I confess: I made the headline intentionally provocative. You shouldn’t lie at all, and you should absolutely forbid witnesses from lying under oath. (If we, the lawyers, don’t obey the law, who will?) I’m thinking today about a person who is not under oath and will be sorely tempted to tell an obvious lie. […]