Bankruptcy
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Bankruptcy, Boutique Law Firms, Kids, Small Law Firms, Women's Issues
Size Matters: A Bankruptcy Associate Finds Small-Firm Nirvana
Ed. note: This is the latest installment of Size Matters, one of Above the Law’s new columns for small-firm lawyers. Last month I received an email from Cameron McCord. McCord is a fifth-year associate at a boutique bankruptcy firm in Atlanta, where she’s been having “a great experience.” “I am in court all the time […] -
Abortion, Bankruptcy, Deaths, Gay, Gay Marriage, Immigration, Law Professors, Non-Sequiturs
Non-Sequiturs: 03.22.11
* Is it possible that in South Dakota you have to go through a shorter waiting period to buy a gun and shoot someone who is already alive than you have to go through in order to have an abortion? Could somebody check on that? [MSNBC] * Did you see this chart showing that law […] - Sponsored
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Bankruptcy, Biglaw, Boutique Law Firms, Dewey & LeBoeuf, Musical Chairs
Musical Chairs: Dewey Deepens Its Bankruptcy Bench
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 […]
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Bankruptcy, Biglaw, Dissolution, Howrey LLP, Law Firm Mergers, Musical Chairs
Howrey Going to Survive the Storm? Board the Winston Lifeboats, Leaders Urge
Accept your offers. It’s wise advice for 2Ls going through fall recruiting, and it’s wise advice for partners of the rapidly unraveling Howrey law firm, most of whom have offers to join Winston & Strawn. Last weekend, Winston made offers to a little over 75 percent of Howrey partners, with responses requested in 21 days. […] -
Bankruptcy, Craigslist, Job Searches
A Sign of Improvement in the Chicago Legal Market?
The economy is (hopefully) on the mend. The recession is officially over. There are signs of recovery in the legal sector, too. For example, law firms are giving away iPads to young associates. Such generosity seems very 2007 (if iPads had existed back then). Meanwhile, in the less glamorous world of Craigslist postings of legal […] -
Bankruptcy, Celebrities, Fame Brief, Reality TV, Television
Fame Brief: Is the Giudices' $60K Post-Bankruptcy Spree Legal?
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 […] -
Bankruptcy, Charlotte, Law Schools, Lawsuit of the Day, Student Loans
Student v. School: Charlotte School of Law Sued by Student Seeking Admissions for Bankruptcy Proceeding
I’m surprised this doesn’t happen more often. A student is demanding that his law school admit to scamming him out of money in open court. Please note the UPDATE below. And why? The student isn’t trying to recover tuition dollars directly from the school. Instead, the student is involved in the arduous process of trying […] -
Bankruptcy, Craigslist, Job Searches
Paging All Bankruptcy Lawyers....
Are you a bankruptcy attorney who needs to empathize more with your clients — e.g., by declaring bankruptcy yourself? Check out this job posting — which won’t be our Job of the Week anytime soon — courtesy of that gold mine of employment opportunities, Craigslist: Bankruptcy Attorney Position (Dallas) Small Consumer Bankruptcy firm in Dallas […] - Sponsored
How Generative AI Will Improve Legal Service Delivery
Learn how emerging tools will likely change and enhance the work of lawyers for years to come in this new report. -
Bankruptcy, Law Schools, Money, Student Loans
Could Law School Loans Become More Easily Dischargeable in Bankruptcy?
Last month, New York Times columnist Ron Lieber wrote an interesting piece analyzing whom to blame when students wind up in over their heads in educational debt. This past weekend, he wrote a somewhat more optimistic article, raising the possibility that student loans might become more easy to discharge in bankruptcy. The status quo in […] -
Bankruptcy, Job Searches
A Mass. Lawyer You Don't Want to Work For and a Law Student You Don't Want to Hire
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 […] -
Bankruptcy, Ken Feinberg
Pay Czar Kenneth Feinberg Cracks Down on Bankruptcy Lawyers at Weil, Jones Day and Milbank
In journalism, there are certain go-to stories that one writes around big events. At Halloween, everyone writes the “most popular costume” story. At Christmas, it’s the “most popular toy” story. At Thanksgiving, it’s the “how the community is giving back” story. Over the last two years, a recurring event has been “the big bankruptcy.” And […] -
Bankruptcy, Money, Student Loans
Supreme Court Tackles Student Loan Debt
The Supreme Court ruled that a student’s failure to show undue hardship didn’t void a bankruptcy agreement to discharge student debt. It’s a minor victory for student debtors everywhere, and Justice Clarence Thomas did all he could to limit its effect. The decision came down today in the case of United Student Aid Funds v. […] -
9th Circuit, Anna Nicole Smith, Bankruptcy, Celebrities, Kathleen Sullivan, Trusts and Estates
Breaking: Ninth Circuit Stiffs Anna Nicole Smith's Estate
Despite her death back in February 2007, Anna Nicole Smith (aka Vickie Lynn Marshall) continues to make headlines. From the Ninth Circuit comes bad news for her former lawyer (and lover) Howard K. Stern, and her daughter, Daniellynn. From E! Online: [A court] said today that the estate of Anna Nicole Smith is not entitled […]
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Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use.
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Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so…
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How Generative AI Will Improve Legal Service Delivery
Learn how emerging tools will likely change and enhance the work of lawyers for years to come in this new report.
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Attorney Misconduct, Bankruptcy, Benchslaps, Biglaw, Harvey Miller, Intellectual Property, Legal Ethics, Litigators, Partner Issues, Screw-Ups
$40 Million Benchslap for Weil Gotshal
Don’t get too comfortable with that shiny new #6 Vault ranking, Weil Gotshal. The firm just got served, Texas-style. The ABA Journal reports: The Texas judge who ordered Microsoft to pay $290 million for infringing a patent included a $40 million enhancement that he said was partly justified because of alleged trial misconduct by a […] -
Bankruptcy, Barack Obama, Dreier, Eric Holder, Federal Judges, Guantanamo Bay, Morning Docket, SCOTUS, Securities Law, Supreme Court
Morning Docket 02.24.09
* SCOTUS will look at the separation of church and state when they decide whether “a cross to honor fallen soldiers can stand in a national preserve in California.” [The Los Angeles Times] * Lawyers say Madoff must have had help with his Ponzi scheme. [Bloomberg] * Attorney General Eric Holder visited Guantanamo yesterday to […]
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Bankruptcy, Cars, Dewey & LeBoeuf
GM Hires Weil (and Ex-Weil Partner) for Possible Bankruptcy Case
So should Weil Gotshal associates be rooting against a government bailout of GM and the other big automakers? GM bankruptcy –> more fees for Weil –> bigger bonuses (which WGM has not yet announced)? UPDATE (1:00 AM): As of now, it looks like the auto industry bailout talks have failed. This makes a GM bankruptcy […] -
Bad Ideas, Bankruptcy, Benchslaps, Biglaw, Fast Food, Practice Pointers, Rudeness
HappyMealGate: An Update on the Fry Guy
Earlier this month, we wrote about how William P. Smith — a partner at McDermott Will & Emery (Chicago), and head of its bankruptcy department — landed himself in the deep-fat fryer. Smith unwisely told a bankruptcy judge, in open court, that she was “a few French Fries short of a Happy Meal.” Well, Judge […] -
Bad Ideas, Bankruptcy, Benchslaps, Biglaw, Practice Pointers, Rudeness
ATL Practice Pointers: Don't Insult the Judge in Open Court
Or even in chambers, for that matter. But open court is worse. From a tipster: In a bankruptcy case here in the Southern District of Florida, William P. Smith — a partner at McDermott Will & Emery (Chicago), and the head of its bankruptcy department — actually told a judge she was “a few French […] -
Bankruptcy, Biglaw, Money, Musical Chairs, Partner Profits
Musical Chairs: Weil Partners Defect to Cadwalader
We reported on the rumors last week — and now the news is official. From the New York Law Journal: Just as Weil, Gotshal & Manges welcomes back legendary bankruptcy partner Harvey Miller, the firm is saying goodbye to four other restructuring stars who are leaving to join a rival firm. Cadwalader, Wickersham & Taft […] -
Bankruptcy, Biglaw, Harvey Miller, Money, Musical Chairs, Wall Street
Musical Chairs: Weil Gotshal -- In With the Old, Out With the New?
This morning brings some big news in the world of bankruptcy law. From the WSJ Law Blog: You can go home again, especially if you’re Harvey Miller (at right). The legendary bankruptcy lawyer is expected to rejoin to Weil Gotshal, whose partners are scheduled to vote on his return tomorrow. “I would be delighted to […]