Last week, we asked readers to submit possible captions for this picture (click to enlarge):
Let’s have a look at what our readers came up with, and vote on the finalists…
It’s nearly that time of year, when all the grueling hours that Biglaw associates have put in will pay off in the form of fat bonuses. Or don’t pay off, with miserly bonuses, or nothing at all. Or something in between? Point being, we have no idea how the 2013 bonus season will play out. Presumably, the answer is buried somewhere deep in Allen Parker’s unknowable heart.
The signs thus far are not especially encouraging, at least for those with a vested interest. (Admittedly, for most, this is all much ado about white-shoe people problems.)
Yes, Cravath might be doing well, at least if its large partner class is any indication. But on the subject of law firm 2013 profits in general, the Citi Bank Private Law Firm Group’s report on the first half of the year concluded:
Just before Halloween, we asked our readers to submit their legally themed costumes to us for our annual contest. As usual, we got a great crop of entries, and we have a feeling you’re going to like them a lot.
We’ve got seven finalists for you to choose from, and voting starts today. Who will be the winner of this year’s competition? Let’s get to the costumes…
A couple of weeks ago, as Obamacare was just stumbling out of the gate, we asked our readers to tell us about the state of their own health insurance plans through their firms. Since the Recession, we have heard anecdotal evidence that some firms have been using health care cost clawbacks as a stealth expense-cutting tactic and de facto pay cut. We wondered how widespread a phenomenon this practice had become. Well, perhaps that’s a bit disingenuous. We had a strong feeling that, in this time of layoffs and all the rest of the Biglaw belt-tightening measures, that no category of expenses would be immune. And our survey results resoundingly confirm those suspicions: 89% of you tell us that your health insurance premiums have gone up since you started work at your firm.
A relevant tip showed up in the ATL inbox this week. An attorney at a prominent (V25) law firm sent us a memo outlining new changes to the firm’s health plan. Here’s an excerpt: “The deductible for the CIGNA PPO plan will change from $250 single/$750 family to $500 single/$1,000 family. Also, the PPO prescription copays [will all increase]. These changes bring our PPO plan design in line with market
practice for large law firms (emphasis added)”…
Congratulations to Maryland Attorney General Douglas Gansler. The voters have spoken, and he is our latest Lawyer of the Day. Maybe this honor will help Doug Gansler close the gap in the race for the Democratic nomination for governor.
We enjoyed the process so much last time that we’re going to do it again. We’ll give you three nominees, identify the arguments for or against Lawyer of the Day status, and let you vote for your favorite.
Our latest slate raises this question: what’s worse, criminal or crazy?