Last month, the Supreme Court law clerks for October Term 2010 finished their clerkships, turning over their clerkly duties to the October Term 2011 class of clerks. As in past years, many of the OT 2010 clerks are joining private law firms — which welcome them with six-figure signing bonuses. These bonuses are paid on top of base salaries reflecting their seniority (many SCOTUS clerks join firms as second- to fourth-year associates), as well as the usual year-end bonuses.
For the past few years, at least since 2007, law firm signing bonuses for members of The Elect have hovered around $250,000. But this year, at least a few firms are offering even more.
Since our last round-up, which was over a month ago, there have been a few new hires. And some of them are for the distant future — namely, October Term 2013. Hopefully the world will still be around by then.
We don’t usually make predictions about the longevity of the marriages we cover. It just seems excessively harsh to say, “This couple is going to get divorced.”
But… this couple is going to get divorced. The 32-year-old grandson of Richard Nixon marries the 21-year-old daughter of a Greek billionaire in front of 700 guests, including Hillary Clinton and Henry Kissinger. At the Waldorf-Astoria reception, George Pataki grooves to a 24-piece orchestra playing AC/DC’s “You Shook Me All Night Long.” We give it two years.
But on to some more promising unions. Here are your latest Legal Eagle Wedding Watch finalists:
On Monday we published an update on Supreme Court law clerk hiring. In the wake of that update, we received a veritable cornucopia of tips and news of new hires (for which we thank you).
The most welcome information came from the Supreme Court itself. The Court’s Public Information Office kindly provided us with the official list of law clerks for October Term 2011. This list does not include law school and prior clerkship information, which the PIO will release later this year, but it does allow us to verify all of the crowdsourced hiring information we have gathered on our own.
So let’s take a look at (1) the official list of SCOTUS clerks for OT 2011, courtesy of the Court itself; (2) our unofficial list of OT 2011 clerks, with law school and prior clerkship information; and (3) an updated list of October Term 2012 hires thus far (at least three justices are already done)….
And at One First Street, home of the Supreme Court of the United States (aka “SCOTUS”), clerk classes are transitioning. July is when outgoing Supreme Court clerks leave the marble palace — do pass go, do collect a $250,000 signing bonus — and their replacements arrive. The arrivals and departures are staggered over the entire month, so the departing clerks can train the newest members of the Elect.
July is a good time for an update on Supreme Court law clerk hiring. Let’s have a look….
That’s very impressive support. Off the top of my head, I don’t think I’ve ever seen anything quite like it. Washington is a small place, and informal channels will generally get word back to the relevant folks in the Senate without a public letter…. But the fact that so many conservative former clerks publicly support [Alison] Nathan’s nomination [to the S.D.N.Y.] is quite impressive.
– Professor Orin Kerr, commenting on a letter signed by 27 former Supreme Court clerks in support of the nomination of Alison J. Nathan, a former law clerk to Justice John Paul Stevens who has been nominated to a judgeship on the Southern District of New York.
Sometimes LEWW scans a wedding announcement with bated breath, praying that we’ll find a law degree so we can write about a couple. We were crushing on Peanut Wong and David Hattaway before we even clicked on their link. But alas, she’s a dental student (of course she is), and he’s an electrical engineer. So we’ll just say this: If you eat the Wong Peanut, you could die.
People, here at LEWW we hate reality TV. Really, really, really hate it. It makes us feel bored, uncomfortable, and grossed-out by humanity, all at the same time. We can watch sports, which we suppose is “reality” in some sense, but other non-scripted programming sends us lunging for the remote. Dancing with the Stars? Gagging at the concept. Jersey Shore? Never seen it; sounds appalling. Even the Food Network is too real for us.
And of course, just thinking about those reality wedding shows makes us break out in hives. That said, we are going to be all over the upcoming royal wedding. Step back, Chelsea, this one is going to be the real deal, and LEWW is already counting the days until April 29. Now, to find a legal angle . . . .
On to this week’s couples. We have four finalists for this special Thanksgiving edition of LEWW:
Justice Antonin Scalia, being interviewed by Jan Crawford of CBS News at the Federalist Society's annual dinner in Washington, DC.
On Thursday evening, I had the great pleasure of attending the annual dinner at the Federalist Society’s National Lawyers Convention, in Washington, D.C. The event — attended by an estimated 1,400 people, and held in the cavernous ballroom at the Omni Shoreham — featured, as always, conservative and libertarian legal luminaries galore.
(Did Judge Diane Sykes just air-kiss Judge Diarmuid O’Scannlain? Isn’t that Ken Cuccinelli over at the bar? What might Judges Brett Kavanaugh and Jeff Sutton be discussing so intently — maybe the latest clerks they’ve placed at the Supreme Court? Whoa — Ted Olson chatting with Justice Samuel Alito! Be still my heart….)
The highlight of the evening was the interview of Justice Antonin Scalia by Jan Crawford, chief legal correspondent of CBS News (who was looking fabulous in a black dress with open sleeves). The justice was in fine form, hilarious and freewheeling in his remarks….
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: