It’s probably the Harvard in me that makes me want to subconsciously disparage the accomplishments of Stanford Law School whenever it bubbles up to number 2 in the U.S. News Law School Rankings.
But maybe we’ve got evidence on just how Stanford was able to jump ahead of HLS this year. A tipster reports that there’s an Adderall epidemic at Stanford Law. He says there might be an “Adderall ring” at the law school.
Elie wasn't the only ATL writer who dressed as a pirate this year.
Unfortunately, ATL editor emeritus Kashmir Hill has never been molested. But I think she’s getting rogered-but-good by her landlord.
Kash, who recently moved to D.C., sent us pictures of her Halloween party this year because, well, I asked, and one of the cool things about my job is that I can generally demand that women send in pictures of themselves without it sounding too creepy.
She had a pirate-themed party. But when she showed me why she went with that theme, my lawyer brain kicked in and instead of a suggestively dressed Kash, I saw a potential lawsuit in the making.
Since ATL readers have been so helpful with my own landlord/tenant issues, I thought you guys might be able to provide Kash with some unsolicited advice.
And yes, I’ll show you her Halloween costume in the bargain….
Well, today Ira Schacter is back in the news. He’s accused of refusing to pay for his teen daughter’s $12,000 hearing aids, while dropping $215,000 on a diamond engagement ring for his Playboy-bunny fiancée. If true, that’s pretty shoddy behavior — the very embodiment of cheapness, from a big-time Biglaw partner who can easily afford twelve grand.
But I know what you’re all wondering right now: “How hot is that Playboy-model fiancée?”
Three protesters on their way to Occupy Wall Street. Fellow New Yorkers, note the Duane Reade shopping bag.
Over the weekend, I realized that I needed some new white dress shirts. So I headed downtown to the Brooks Brothers at One Liberty Plaza here in Manhattan.
One Liberty Plaza — also the home of another white-shoe institution, the Cleary Gottlieb law firm — happens to be located across the street from Zuccotti Park, site of the Occupy Wall Street protests. Since I was going to be in the neighborhood, I decided to pay a visit to OWS, keeping an eye out for law-related angles to the event.
I brought my trusty camera and reporter’s notebook, so I could record my impressions and interview some of the protesters. What did I observe?
In January, a former Bush Administration lawyer was charged with attempted murder after allegedly strangling and beating his wife, a counsel at Skadden Arps. John Michael Farren, 57, served as deputy counsel to the president under President George W. Bush, as general counsel at Xerox Corp., and as Under Secretary of Commerce under President George H.W. Bush.
But if the allegations against him are true, this impressive résumé — and the wealth that came with it (more on that later) — didn’t stop J. Michael Farren from brutally attacking his wife, Mary Margaret Farren, an energy lawyer at Skadden. Mary Farren filed a $30 million lawsuit against her husband shortly after the alleged attack.
Last week, the Washington Post published a detailed profile of Mike Farren. It painted a picture of a man with some serious rage issues.
Highlights from the profile — plus additional tidbits we’ve gathered, including photos of the Farrens’ multimillion-dollar home in Connecticut, records of Michael Farren’s sales of Xerox stock, and his salary as a White House staffer — after the jump.
Sensible shoes are for liberal chicks. Say hello to fabulous Federalist footwear!
As you may have noticed, from our twoposts late on Monday night and one from Tuesday morning, we’re engaging in some after-the-fact blogging of last week’s Federalist Society National Lawyers Convention.
As in past years, the social highlight of the conference was the Thursday night banquet (black tie optional; and many availed themselves of the option, ’cause that’s how conservatives roll). The speaker at the dinner was none other than Justice Samuel A. Alito, who delivered an insightful and hilarious speech that was a delight to listen to. Just as one might say of, say, a newscast by Jon Stewart, much of the entertainment value was in the delivery — Justice Alito is so dry and deadpan, and yet his remarks make you bust out laughing.
Interestingly enough, we haven’t come across many news accounts of Justice Alito’s speech. There was also no video recording allowed at the address. So we feel we can add some value with this write-up, despite its belated nature.
There may have been some confusion over the ground rules governing reporting about the speech. From the BLT:
Justice Samuel Alito Jr. spoke to the Federalist Society [last Thursday] night, but photos of him doing so are hard to come by. That’s because photographers other than the Federalist Society’s own were barred from the event. Keith Appell, a spokesman for the Federalist Society, said cameras were prohibited by Alito’s security detail….
Kathy Arberg, the court spokeswoman, said “The justice’s policy was that the event was open to still cameras and pencil press,” and that the Federalist Society was informed of that policy before the event.
Well, photos from the event aren’t hard to come by on Above the Law. Nobody told us that we couldn’t take photographs — so we did. And, as members of the “pencil press,” we jotted down notes in our reporter’s notebook. (We left the laptop at the hotel that night.)
Check out a slideshow of our pictures, along with a discussion of Justice Alito’s highly engaging and entertaining address, after the jump.
Last month, we reported that bankrupt law firm Heller Ehrman would be selling some of its art to raise money for its creditors. Heller hopes to raise $1 million (or more) through a series of sales, in New York and California.
The first of several Heller art auctions took place yesterday at Bonhams & Butterfields, at 580 Madison Avenue in New York. We attended, both to cover the proceedings and in the hope of making a purchase or two. (The most important works from the Heller collection will be sold next year, but those pieces — by artists like Diebenkorn, Lichtenstein, and Serra — are a bit beyond our price range.)
Upon arrival at Bonhams, we checked in with a receptionist. We were asked to provide our driver’s license and credit card for photocopying, which we did. Buyers can pay for purchases with either a credit card or a check, but the auction house still copies your credit card for its records.
(There is a slight discount for using a check or cash over a credit card. The buyer’s premium, a commission paid by the winning bidder to the auction house, is 22 percent of the purchase price for credit cards, but 20 percent for cash or check.)
After supplying the requested documentation and filling out a short form, we were given a paddle for bidding. We were hoping for something wooden; the word “paddle” conjures up images of spanking — fun! Instead, we received a laminated card of gray and white plastic, printed with the number “238” (our bidder number).
Did we make any purchases? How well did the Heller Ehrman art sell? Find out, plus check out pictures of the art, after the jump.
This year we decided to dress up as Judge Denny Chin (S.D.N.Y.), recently nominated by President Obama to the U.S. Court of Appeals for the Second Circuit. If you’re a criminal, Judge Chin can be quite frightening — he sentenced Bernie Madoff to a whopping 150 years.
And where did we get the idea for our costume? ATL comments (see #2 and #17).
A slideshow of photos showing us in our Judge Chin costume, after the jump.
Perhaps it’s a sign of the times. We received a whopping four (4) entries in our inaugural law firm swag contest. Is law firm swag, like subsidized soda or staff attorney programs, another casualty of the recession?
But if we cancel the contest, then the terrorists win. So, onward!
We realize, of course, that not everyone approves of swag. See, e.g., this comment:
This is fairly disgusting…. I find this article particularly untimely, given that most law students are struggling to find good jobs, and many practicing attorneys are struggling just to keep the jobs they have.
Jeez, commenter 58 — lighten up! Considering that we cover law firm layoffs in excruciating detail, to the point where many accuse us of doomsaying and fearmongering, we are aware of the tough job market. But, even in the Great Recession, some people are still getting offers — along with a little swag to sweeten the pot. So what’s wrong with some fun to balance out the gloom?
In defense of law firm schwag, here’s a trend worth noting: “going green.” Firms are trying to be environmentally conscious in their swag selections, as well as more socially responsible in general. This may make schwag less “disgusting” to its critics.
A second theme of swag this year: customization. In this age of individualism and/or narcissism, firms are letting swag recipients have a say in what gets given away. Just as firms are moving away from lockstep in terms of pay and promotion, so too are they allowing for greater tailoring in terms of swag.
Check out the finalists, and vote for the best law firm swag, after the jump.
Despite the grim economy — which we don’t think is recovering yet, despite all the “green shoots” talk — law firms continue to interview. And to make job offers. And, of course, to woo the lucky few who get offers with fabulous prizes: the nifty gifts and cute tchotchkes, often branded with the firm’s name or logo, that we collectively call LAW FIRM SWAG.
At the recent Lavender Law conference (coverage here and here), we were impressed by the level of interview activity at the job fair. To be sure, it’s not clear whether any hiring was going on; but it was nice to see law firms out in force.
And it was nice to see their swag. There were pens, courtesy of Seyfarth Shaw, and compact shoeshine discs, courtesy of Townsend and Townsend and Crew. (Leave it to an IP law firm to bring out the snazzy hardware.)
And what about Sullivan & Cromwell, giver of bonsai trees, and the historical king of law firm swag? What did S&C dole out at this year’s Lavender Law conference?
Find out — and, even more importantly, learn how to nominate your favorite Biglaw gift in Above the Law’s first annual LAW FIRM SWAG CONTEST — after the jump.
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
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: