Chris Christie, that redundant rotundity, has taken a vicious beating this week. The party of personal responsibility has personally held him responsible for Mitt Romney’s defeat. And it’s easy to see why. Instead of traveling to Pennsylvania to stump for Romney, he stayed behind in New Jersey so he could spoon some more with President Obama. What does it profit a man who gains a friendship with Bruce Springsteen, but loses his party the presidential election? Hell if I know.
Loads of people are saying that Christie blew his chance at ever being nominated by the Republicans because of his a-hugging and a-kissing on President Obama. I don’t know about all that. The fact is, Christie has and had about as much a chance at the Republican nomination for president as Rudy 9-11 before him. Just as that lisping vampire couldn’t have won a nationwide nominating process if the excess saliva in his mouth depended on it, so too was Christie doomed. The sort of abrasive politics that Christie practices may have found its level in the New Jersey governorship. And that’s probably okay.
It has been a few days since our last detailed story about the largest law firm bankruptcy in history. So let’s check in on the Chapter 11 proceedings of Dewey & LeBoeuf, currently pending in bankruptcy court for the Southern District of New York.
There have been a few recent developments. For example, as we mentioned in Morning Docket, Dewey is being counseled in bankruptcy by some pretty pricey advisers.
The economy seems to be on the mend. Corporate profits are strong, and the Dow is north of 12,000. In the legal world, layoffs are down, bonuses are up, and hiring is way up.
But governments — federal, state, and local — are staggering under mountains of debt. State and local governments have borrowed $2.4 trillion as of mid-2010, and they’ve promised another $3 trillion in retirement benefits.
There is tons of talk out there about a possible wave of municipal bankruptcies. And even if the talk might be overblown, the possibility of default by multiple local governments or even state governments — which might someday get the ability to declare bankruptcy — can’t be ruled out.
If municipal bankruptcies start popping up all over the place, Dewey & LeBoeuf will be ready. The firm just picked up a leading expert in the area….
Ed. note: Welcome to ATL’s new column, Fame Brief. Since Kash has left the building, Marin, ATL’s other lady-in-waiting, will be picking up her celebrity beat and filling you in on the latest celebrity legal shenanigans. Before you fall over yourself to post an annoying comment about how this blog be sinking or how nobody cares about celebrities, consider that our celebrity posts are some of the most popular ones on here. So SOMEBODY out there cares about celebrities….
When I got my first credit card, my dad was afraid I’d go hog wild and buy a suit of armor, sconces, breast implants, decorative fireplace accessories, a foosball table, IVF treatments, a boat and a monstrous “Tuscan villa” McMansion in Towaco, NJ. But at least I’m making payments on these purchases, unlike Joe and Teresa Giudice of the Real Housewives of New Jersey, who filed for Chapter 7 back in October 2009….
UPDATE (May 30): Law student responds via YouTube, and shows off his very impressive office.
A law student in Massachusetts is looking for a job. He found a listing on Craigslist to work as a paralegal for a bankruptcy attorney. He applied, got an interview, and got an offer (kind of). But then he got into a spat with the attorney via email, preserved for posterity by The Docket.
The law student interviewed on Monday. On Tuesday, the female attorney sent him a rather candid email:
I have to confess, I am on the fence about offering you a position. This is a thought I had…tell me your thoughts.
The thought was that she would have the law student do a few freelance projects for a month, and if those went well, she would offer him a full-time position. He responded:
I can do any type of Motion, and research. I do not think a 30 day trial period is necessary. I would prefer bring me on full time to show you my capabilities.
That’s really not the right time for a grammatical typo, my law school friend.
In response, the lawyer laid out exactly why she had reservations about him, and wished him “best of luck in [his] job search.” That just made him crankier…
* The Chicago Tribune takes a close look at the Tribune Company’s bankruptcy bills, and doesn’t like that Sidley Austin has charged $110,000 for photocopies. [Chicago Tribune via Romenesko]
* The lawyer behind the legal discovery that has brought sex abuse in the Catholic Church — and Pope Benedict XVI’s knowledge of it — to light: Jeff Anderson, whose own daughter was molested by a priest turned therapist when she was eight. [Associated Press]
* Florida attorney Gary Dorst had a blast this weekend. Well, almost. [WESH via ABA Journal]
The holiday season is upon us, and yet again, you have no idea what to get for the fickle lawyer in your life. We’re here to help. Even if your bonus check hasn’t arrived yet, any one of the gifts we’ve highlighted here could be a worthy substitute until your employer decides to make it rain.
We’ve got an eclectic selection for you to choose from, so settle in by that stack of documents yet to be reviewed and dig in…
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: firstname.lastname@example.org.
We currently have a very exciting and rare type of in-house opening in China at one of the world’s leading internet and social media companies. Our client is looking for an IP Transactional / TMT / Licensing attorney with 2 to 6 years experience. The new hire will be based in Shenzhen or Shanghai. Mandarin is not required (deal documentation will be in English) but is preferred. A solid reason to be in China and a commitment to that market is required of course. This new hire will likely be US qualified (but could also be qualified in UK or other jurisdictions) and with experience and training at a top law firm’s IP transactional / TMT practice and could be currently at a law firm or in-house. Qualified candidates currently Asia based, Europe based or US based will be considered. The new hire’s supervisors in this technology transactions in-house team are very well regarded US trained IP transactional lawyers, with substantial experience at Silicon Valley firms. The culture and atmosphere in this in-house group and the company in general is entrepreneurial, team oriented, and the work is cutting edge, even for a cutting edge industry. The upside of being in an important strategic in-house position in this fast growing and world leading internet company is of the “sky is the limit” variety. Its a very exciting place to be in China for a rising IP transactional lawyer in our opinion, for many reasons beyond the basic info we can share here in this ad / post. This is a special A+ opportunity.
If your firm is in ‘go’ mode when it comes to recruiting lateral partners with loyal clients, then take this quiz to see how well you measure up. Keep track of your ‘yes’ and ‘no’ responses.
1. Does your firm have a clearly defined strategy of practice groups that are priorities of growth for your office? Nothing gets done by random chance, but with a clear vision for the future. Identify the top practice areas for which you wish to add lateral partners. Seek input from practice group leaders and get specifics on needs, outcomes, and ideal target profiles.
2. In addition to clarifying your firm’s growth strategy, are you still open to the hire of a partner outside of your plan? I’ve made several placements that fit this category. The partner’s practice was not within the strategic growth plan of my client, but once the two parties started talking with each other, we all saw how it could indeed be a seamless fit. Be open to “Opportunistic Hires.” You never know where your next producing partner might come from, so you have to be open to it. I will be the first to admit that there is a quirky element of randomness in recruiting.
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