Sutherland Asbill & Brennan

Here at Above the Law, we’ve been writing about the “Biglaw boys’ club” for quite some time. According to the latest report compiled by the National Association of Women Lawyers, when it comes to firm life in the fast lane, women continue to have difficulty ascending to the ranks of firm leadership. In fact, that study concluded that in the Am Law 200, women hold only 20 percent of the positions on firm governance committees. What’s worse is that only four percent of Am Law 200 firms have a firmwide managing partner who’s a woman. So much for girl power.

But when it comes to Am Law 100 firms, the American Lawyer recently conducted a similar study, and the results were less than awe-inspiring — in their discussion of the results, the editorial staff go so far as to refer to it as “the law of small numbers.” Lovely. Apparently the glass ceiling is still strong in Biglaw.

So what does the leadership hierarchy look like for women in the Am Law 100? Let’s find out….

double red triangle arrows Continue reading “Leading Lady Lawyers: Ranking the Am Law 100 By Women in Leadership Roles”

Photo (no, not a photoshop) by ATL reader 'Anna.'

As we reported over the weekend, it’s looking like Dewey & LeBoeuf will soon find itself in bankruptcy (perhaps voluntarily, perhaps not). The specter of bankruptcy raises a question for the many former partners of Dewey: dude, where’s my car capital contribution?

Let’s find out — and get the latest dispatches on the Dewey death spiral, including news of a new home for former vice chair Ralph Ferrara….

double red triangle arrows Continue reading “Dewey Partners Get Any Capital Back? Good Luck With That!
(Plus more partner moves, including Ralph Ferrara.)

Based on recent remarks by current and former leadership at Dewey & LeBoeuf, it seems that the firm is going to end with a whimper, not a bang. The current plan apparently involves no bankruptcy filing or dissolution vote, but just the defection of one partner after another, until nobody is left.

And the partner departures continue. As we mentioned in Morning Docket, for example, Greenberg Traurig just picked up about 50 Dewey lawyers over in Poland, to form Greenberg Traurig Grzesiak. Meanwhile, here in New York, Sutherland Asbill & Brennan has added insurance litigatrix Ellen Dunn, former co-head of D&L’s U.S. litigation practice, to its ranks.

While the partner stars realign themselves, back here on earth, last night brought bad news for former Dewey associates and staff….

double red triangle arrows Continue reading “Dewey Have the Ability To Keep Paying Severance? Apparently Not”

Today we head into the nation’s capital to bring you six of the best partners to work for as chosen by our readers.

These partners go above and beyond the call of duty, and do so while working at some of the finest law firms: Akin Gump, SNR Denton, Hogan Lovells, Sutherland Asbill & Brennan, Fried Frank, and Chadbourne & Parke.

Who are these phenomenal partners?

double red triangle arrows Continue reading “Career Center Survey Results: Top Partners to Work For – Washington, D.C. (Part 1)”

Congratulations to Sutherland. The firm’s band, “Sutherland Comfort,” won the 2010 Battle of the Law Firm Bands in D.C. on Thursday night. Sutherland Comfort defeated a host of worthy challengers — including “Dangerous Communication Device,” the Williams & Connolly band that won the contest in the past two years.

double red triangle arrows Continue reading “Congratulations to Sutherland, Winner of the Battle of the Law Firm Bands!”

pay freeze salary freeze pay cut law firm.jpgAs we noted in yesterday’s Morning Docket, even the New York Times has taken note of the salary freeze trend at law firms. The Times reached out to Above The Law’s own David Lat for the story:

Although many associates are angry about the freezes, others are relieved, said David Lat, founding editor of AboveTheLaw.com, a blog about law firms and the profession.

“There is this sense that firms didn’t act prudently during the boom and now they are getting religion, and that it’s better late than never,” Mr. Lat said. “Many associates we have spoken to think the freeze probably saved jobs.”

At the beginning of the month, we did a round-up of firms that have frozen 2009 salary rates at 2008 levels. That list was 16 firms long. Since then, quite a few other firms have announced freezes. Due to frequent requests, we’re updating the round-up list since the number of firms with freezes (that we know of) has more than doubled, to 33 32. Check out the as-comprehensive-as-we-can-make-it list, after the jump.

Recently announced salary freezes include “solid ice freezes” at Blank Rome and Townsend and Townsend and Crew; and “Slurpee freezes” at Bingham McCutchen, Fish & Richardson, and Texan firm Andrews Kurth.

Memorandums, as well as a new list of all firms with “solid ice” and “Slurpee” freezes, after the jump.

double red triangle arrows Continue reading “Updated Salary Freeze Round-up: Even More Firms on Ice”

pay freeze salary freeze pay cut law firm.jpgThe new year is shaping up to be a cold one. As we noted in our 2008 Year in Review series, one of the biggest stories heading into 2009 has been that of the salary freeze. Rather than instituting lock-step raises for associates entering a new class year, a number of firms have informed associates that their salaries will remain at 2008 levels.

There have been two types of freezes: the “Solid Ice freeze”–with salaries frozen through all of 2009–and the “Slurpee freeze”–where firms are sticking with 2008 levels for now, but promise to revisit the decision later in the year.

Many an ATL reader has requested a round-up, and we aim to please. So find your pleasure, after the jump. Some of the firms have been reported on before, and some are new.

If you know of other frozen firms, send us an e-mail at tips@abovethelaw.com with the subject, “Salary Freeze: FIRM NAME.” Also, if your firm has raised salaries as expected, feel free to send us the news, with the subject “Salary Raise: FIRM NAME.” While freezes are news, raises as expected aren’t, so we will not be covering firm by firm, but we may do a round-up.

Find the list of the sixteen firms that have frozen, after the jump.

double red triangle arrows Continue reading “ATL Salary Freeze Round-up: The Firms on Ice”

Sutherland Asbill Brennan law firm.jpgIn these uncertain economic times, lots of law firms are holding lots of meetings. Sometimes they bring good news, and sometimes not-so-good news. E.g., Covington & Burling (welcoming the Heller IP group); Jenner & Block (everything’s dandy); McKee Nelson (layoffs).

Earlier this week, Sutherland announced associate and counsel meetings would be held next week. What might they be about?

According to the email from managing partner Mark Wasserman that announced the meetings, they “are not planned to announce bad news of any sort.” One Sutherland source takes him at his word:

Ninety-nine percent sure it’s just a “calming fears” meeting, since we’ve already done our nasty round of layoffs six months ago. Wasserman’s a straight shooter (best I’ve ever seen), so if he says there is not “bad news of any sort,” there won’t be.

We reached out to Wasserman, who explained:

We are having a series of roundtable discussions next week with our associates and counsel to share information, answer questions and seek input on topics relating to the economy, our clients and our strategy for the firm. Sharing information and obtaining input from our lawyers is important and valuable to us.

And, as we noted in the email announcing the meetings, there will be no announcement of any bad news, including announcement of any layoffs.

Kudos to Sutherland for being proactive and involving associates and counsel in such discussions. Some firms have taken a decidedly top-down approach to dealing with the economic climate, but they might have been better served by soliciting input from their associates first.

Read more, including the full Sutherland memo, after the jump.

double red triangle arrows Continue reading Mystery Meetings at Sutherland (But fear not; no bad news.)”

champagne glasses small.jpg

What did you miss if you didn’t peruse last Sunday’s NYT weddings section? The marriage of Theodore Roosevelt V, for starters. Also, a whole lot of gayness! We counted seven same-sex weddings on this week’s list, which we suspect is a an all-time high. (And how sociologically interesting that all seven were men marrying men!) None of this week’s same-sex weddings made it into the finals, but LEWW is delighted to reflect (in a rare moment of seriousness) on how much has changed since August 2002, when the paper announced that it would include same-sex weddings for the first time. Long live love!

Here are this week’s couples:

1. Tania Brief and Andrew Ehrlich

2. Jori Finkel and Michael Lubic

3. Laura Millendorf and Mark Yopp

Click on the link below to read all about these legal lovebirds.

double red triangle arrows Continue reading “Legal Eagle Wedding Watch 9.14: Brief Interlude”

Kilpatrick Stockton LLP AboveTheLaw Above the Law blog.jpgWe broke the news of the Kilpatrick Stockton pay raise earlier this month. Today’s Fulton County Daily Report has an article about it here.
The Kilpatrick move is old news — it was actually announced before Labor Day — but Meredith Hobbs’s piece does contain a helpful summary of where the big Atlanta firms stand:

Alston & Bird sparked this round of Atlanta pay raises on Aug. 1 when it increased associate pay across the board, starting at $145,000 for first-years and rising to $190,000 for seventh years—the same scale that Hunton & Williams instituted in February during the year’s first round of associate salary increases. At that time, most of the city’s big firms increased first-year pay from $115,000 to $130,000. That followed a similar $15,000 pay increase at the beginning of 2006, also sparked by Alston.

Other firms that have announced they will raise local first-year pay to $145,000 in January include Troutman Sanders, Sutherland Asbill & Brennan and Paul, Hastings, Janofsky & Walker. Jones Day will raise first-year pay to $150,000 at that time.

Kilpatrick first-years join the $145K club [Fulton County Daily Report]
Earlier: Nationwide Pay Raise Watch: Kilpatrick Stockton

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