Partner Issues

The “It firm” of May 2012 would appear to be Greenberg Traurig. It’s the Biglaw behemoth that’s generating the greatest buzz and the most headlines right now (not counting Dewey & LeBoeuf, which will soon find itself in bankruptcy).

Whenever there’s a big story, GT is there. In the past month, it has appeared in these pages as the possible savior of Dewey, the actual savior of Dewey’s Poland operations, and the victim of some alleged rudeness by a divorce lawyer in Texas.

And, of course, Greenberg Traurig has found itself at the center of the TD Bank controversy. Late last week, Judge Marcia Cooke held a contempt hearing, to decide whether Greenberg should be sanctioned due to a discovery debacle.

The hearing spanned two days and featured some high-powered witnesses. What happened?

double red triangle arrows Continue reading “Greenberg Traurig and the TD Bank To-Do: What Happened at the Contempt Hearing?”

I had a cup of coffee last week with an old friend who happens to be a legal recruiter.

“Are you going to try to pry me out of my job?” I asked. “That’ll be a pretty tough sell.”

“I couldn’t place you if I tried,” he said.

“Excuse me?”

“You crossed that Rubicon two years ago. I do searches only for law firms, and they don’t hire in-house lawyers. You’re no good to me anymore.”

“Excuse me?”

“Law firms buy books of business. Not only that — they buy only past books of business. Nobody buys a story — a promise of future work — these days. Firms buy only your past successes. That’s often incredibly stupid, but it’s what they do.”

The guy had my attention: First, I’m no longer a hot commodity; somehow, that annoyed me, even though I’m not looking to sell myself these days. Second, law firms are stupid about lateral hiring; this was a blog post waiting to happen . . .

double red triangle arrows Continue reading “Inside Straight: On Crossing The In-House Rubicon And Law Firm Stupidity”

The ailing law firm of Dewey & LeBoeuf is not long for this world. The only real question that remains is how Dewey’s death will take place. Will Dewey be pushed off the cliff, or will it jump?

We mentioned on Thursday that Dewey might be forced into bankruptcy by creditors, perhaps former partners concerned about their pensions. But now it seems that Dewey might do the deed itself.

Let’s hear the most recent reports — and look at the latest indicators that Dewey is done, including new signage outside 1301 Avenue of the Americas….

double red triangle arrows Continue reading “Dewey Have Plans To File for Bankruptcy? Sources Say Yes”

Let’s talk about two of our favorite topics here at Above the Law: Dewey & LeBoeuf and real estate. They’re two great tastes that go great together.

There’s certainly news on both of these fronts. In Washington, for example, the firm is facing an eviction lawsuit. Dewey’s D.C. landlord, Property Group Partners, claims that the firm hasn’t paid $927,052 in rent on its 140,000 square feet of space.

In New York, home of Dewey’s headquarters at 1301 Avenue of the Americas, there’s bad news too. The Ben Benson’s steakhouse in the building, which was something of a company canteen for Dewey, is closing next month. Said a source: “Could it be that the building is cursed, ever since JC Penney moved out decades ago?”

Near the top of the 45-floor building, the office of Steven H. Davis, Dewey’s ex-chairman, is also getting packed up. This space, described to us as the “Taj Mahal” of law offices, is not what it once was.

Dewey have pictures? Most certainly….

double red triangle arrows Continue reading “Lawyerly Lairs: Dewey Know What Steven Davis’s Office Looks Like?”

First, a stand-up comedy routine; then, my point.

In the early 1980s, Robin Williams performed in a nightclub. His performance was taped and later broadcast by HBO. During the performance, Williams spied on-stage a wine glass filled with a clear liquid (which was, in fact, water), and Williams was off and running:

“There are white wines. There are red wines. Why are there no black wines?

“Reggie wine! It’s a m*therf*cker! Goes with meat; goes with fish; goes with any damn thing it wants to.

“I like my wine like I like my women — ready to pass out.

“We’ll get Mean Joe Green to advertise the stuff: ‘Reggie wine! Drink this sh*t or I’ll nail your ass to a tree.’”

After HBO broadcast the performance, an African-American winemaker named David Rege (pronounced “Reggie”) sued Williams and others in California state court, claiming that Williams had damaged Rege’s reputation and adversely affected the sales of his wine. (You knew there was a lawsuit tucked in here someplace, didn’t you?)

double red triangle arrows Continue reading “Inside Straight: On Robin Williams And Saying ‘Thank You’”

In our last full post on Dewey & LeBoeuf, the fast-fading New York law firm, we tried to find some moments of humor in this generally depressing story. Now we’ll return to the hard — and gloomy — Dewey news. (We mentioned several D&L items in today’s Morning Docket.)

Without further ado, let’s find out what’s going on….

double red triangle arrows Continue reading “L’Affaire LeBoeuf: The Latest Links and News”

Which former White House official lives in this charming abode?

As we move deeper into election season, more of the nation’s attention is turning to Washington. So it seems only fitting for Lawyerly Lairs, our peek into the homes and offices of top legal talent, to follow suit.

In our last visit to D.C., we looked at residences worth around $500,000, a perfectly respectable sum. But today, to enhance the voyeuristic thrill, we’re upping the price point. We’re limiting ourselves to seven-figure residences.

Let’s have a look at some million-dollar homes in the Washington metropolitan area, shall we?

double red triangle arrows Continue reading “Lawyerly Lairs: Capital Homes in the Capital”

Since our Friday photo essay on Dewey & LeBoeuf, the once-proud law firm that probably isn’t long for this world, numerous other outlets have produced some excellent Dewey coverage. We mentioned two of the pieces, about partner problems and unpaid janitors’ bills, in today’s Morning Docket.

It’s interesting to see how the pace of the Dewey story is shifting. We’re moving from the breathless breaking of news into a period of longer pieces focused on analysis and narrative. This makes sense, given that most of the major events have already transpired (with the exception of formalities that will be big news if and when they do occur — e.g., an official vote of dissolution, a filing of bankruptcy, etc.).

So let’s do a more comprehensive review of the latest Dewey stories from around the web. We bring you more theories of blame, more partner departures, and more revelations about the personal life of former chairman Steven H. Davis….

double red triangle arrows Continue reading “Boy, Dewey Have A Reading List For You!”

Will Rielle Hunter take the stand?

* Dewey need to declare bankruptcy yet? While the delusional firm has “no plans to file bankruptcy,” partner defectors and retirees are being advised to contact personal bankruptcy lawyers ASAP. [New York Times]

* When Dewey become a part of the great unwashed? When you’re being sued for $300K in unpaid janitors’ bills. But that claim’s going to be nickel and dimed, just like the firm’s partner guarantees. [Businessweek]

* Maybe Greenberg Traurig ditched its merger talks with D&L because they had problems of their own. The firm apparently laid off staff to achieve a 4-to-1 attorney-secretary ratio. [Daily Business Review (sub. req.)]

* The judge presiding over the John Edwards campaign finance trial denied a motion to dismiss the charges against the former presidential candidate. Like all the rest of us, Judge Eagles probably just wants to see if he and his baby mama, Rielle Hunter, will take the stand. [MSNBC]

* In the wake of the Elizabeth Warren controversy, many have wondered what goes into law school hiring decisions. Generally, they look for good teachers, but being 1/32 Native American certainly helps. [ABC News]

* Try to bring up ethics charges on the Wisconsin justice who allegedly choked a bitch in chambers, and you might find your career as Chairman of the state’s Judicial Commission in a stranglehold. [Telegraph Herald]

We have written thousands upon thousands of words about Dewey & LeBoeuf this week — in fact, this day. Covering this sad but fast-moving story has been exciting and exhausting.

We’re tired. So let’s resort to pictures, as we have in the past, to tell the Dewey story….

double red triangle arrows Continue reading “Dewey & LeBoeuf: A Visual Essay
(Or: Dewey know what Steve DiCarmine looks like?)”

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