* Well, at least somebody’s getting a spring bonus. A Biglaw firm has folded against the EEOC’s will on the de-equitization of partners. And all of the underpaid old farts at Kelley Drye & Warren rejoiced! [Bloomberg]
* Jets fans, are you ready for some football? That’s too bad, because no amount of Tebowing could have saved Reebok from settling this Nike suit. You’re going to have to wait for your damn jerseys. [WSJ Law Blog]
* George Zimmerman’s lawyers, Craig Sonner and Hal Uhrig, have dumped him as a client. They’re probably just pissed that the “defense fund” he set up wasn’t linked to their PayPal account. [Miami Herald]
* Marrying a terminally ill client who’s as old as dirt may seem like a great way to make some quick cash, but it’s more likely that you’ll just be disbarred. [San Francisco Chronicle]
* When you’ve been late to court so many times that a judge calls your behavior “premeditated, blatant and willful,” you better be ready to open your wallet. That’ll be $500; at least pay on time. [New York Law Journal]
* If at first you don’t succeed, try, try again — but only after a few years, banking on the off chance that the bar admissions people have forgotten about all the bad sh*t you did in law school. [National Law Journal]
* Frank Strickler, Watergate defense lawyer to two of President Nixon’s top aides, RIP. [New York Times]
In case you haven’t heard (and you probably haven’t), today is apparently International Be Kind to Lawyers Day. So what are people supposed to do on this high holy day for lawyers? Scream “I’m ga-ga over my attorney!” out their windows? Work the phrase “I object!” into everyday conversations (as suggested by the creator of this event)?
Well, we’ve got an idea that we think our audience will really appreciate. Because the best way to be kind to lawyers in Biglaw is to show them the money. On that note, where are the spring bonuses?
As longtime readers will recall, Deidre Dare (real name: Deidre Clark) was a Columbia Law School graduate who worked in the Moscow office of Allen & Overy. Everything was going swimmingly, until Clark decided to write some erotic fiction on the side — erotic fiction that may have been based in part on Clark’s experiences working as an expat in Russia. One thing led to another, and Clark’s employment at A&O was terminated.
Clark sued the firm in London, alleging her firing was improper; that suit was dismissed on jurisdictional grounds. She then sued in New York, making claims for sexual harassment, sexual discrimination, wrongful termination, and retaliation, among other claims.
When we interviewed her last year, Clark (a member of the New York bar) sounded confident about her chances of success in the Big Apple: “I think NY will take jurisdiction. And thank God for that.”
So, was Clark correct? Will her suit be moving forward in New York?
* With help from Fenwick & West, Facebook snatched up Instagram in a $1B deal that closed in just 54 hours. That’s a big accomplishment, but the bigger one was valuing a company that helps f**k up your photos at such a high price. [Am Law Daily]
* Senator Dick Durbin is trying to collect stories about soul-crushing law school debt in an effort to reform lending laws, but law students and new lawyers aren’t speaking up about the problem. Hey, Dick, it’s time to start reading Above the Law. [National Law Journal]
* Apparently sarcasm is lost upon mention of George Zimmerman, so let’s play this one straight. The man who shot and killed Trayvon Martin has set up a website to solicit money for his defense fund. Actually, that’s a pretty great punchline on its own. [MSNBC]
* A judge has refused to reduce accused “Millionaire Madam” Anna Gristina’s $2M bail. With her alleged clientele, you’d think she’d be able to afford it. Come on, John Edwards gets $400 haircuts. He’s probably willing to pay top dollar for his call girls. [Bloomberg]
* Amanda Bynes wasn’t drunk on alcohol, she was drunk on emotions, claims her daddy. That’s a defense that will totally stand up in court on a DUI charge. [New York Daily News]
It’s time to announce the winner of March’s Lawyer of the Month competition. Readers had five male candidates to choose from, ranging from celebrated conservative litigators, to loud-mouthed state officials, to troubled Biglaw partners. But in the end, only one man had the bravado necessary to beat out the rest — some “gumption,” if you will.
Let’s see who took home the title of Lawyer of the Month for March, an honor surely worth replying-all about….
Who is to blame for the recent troubles afflicting Dewey & LeBoeuf, the global mega-firm created from the 2007 merger of Dewey Ballantine and LeBoeuf Lamb? In our recent reader poll, we offered four options: the legacy Dewey side, the legacy LeBoeuf side, both sides, or neither side.
Prominent M&A and private equity lawyer John Altorelli, who recently left Dewey to become a partner at DLA Piper, has some opinions on this issue. In a recent interview with Am Law Daily, he offered a candid diagnosis of what brought D&L to where it stands today, as well as an assessment of its future prospects.
Altorelli was less forthcoming when the New York Post contacted him over the weekend about his alleged love affair with a beautiful Russian spy (her picture after the jump)….
* The billable hour may be far from dead, but last year, 61% of general counsel worked out alternative fee arrangements with outside counsel, including counsel from elite (read: Biglaw) firms. [Wall Street Journal]
* Dewey need to take lessons on revenge from this firm? John Altorelli, the D&L defector who spilled all the beans to the Am Law Daily, was blasted on Page Six this weekend. More on this to come later today. [New York Post]
* CHECK YOU LATERALS: recent Quinn Emanuel hires William Burck, Paul Brinkman, and Andrew Schapiro, as well as name partner John Quinn, have entered appearances on behalf of Megaupload. [Am Law Daily]
* Copyright infringement suits over porn downloading involving some 3,500 defendants were dismissed because the plaintiffs’ attorney, Terik Hasmi, couldn’t get it in legally in Florida. [National Law Journal]
* In England, there’s no such thing as a no-fault divorce, but instead, you can get one for “unreasonable behavior” — behavior like malicious service of tuna casserole, and speaking only in Klingon. [New York Times]
* This gives “I’m a Slave 4 U” some new meaning. Britney Spears’s fiancé, Jason Trawick, is trying to start their impending rocky marriage off on the right foot. He’ll soon be her co-conservator. [New York Daily News]
Well, the economy keeps getting better, so we’re sure to see the Presidential election start to take on a more absurdist flair. Romney will attack the president for listening to Romney’s ideas on health care. Obama will attack Romney for being marvelous. And somebody will write a big time article about how political discourse in the 24/7 cable news and blogging world has hit a new nadir (oh, please let it be me).
But as the economy steadily improves, the election will be more about framing than substance. We’re coming out of a terrible recession, we’re recovering slowly because of the changing nature of the global economy. It’ll continue like this for a while regardless of who is president — unless we take away a woman’s right to choose, because only then will God love us and bring all of our manufacturing jobs back from China.
Or something like that.
That’s how it’s going to be unless the lawyers get involved. Because while the economy is slowly recovering for the rest of America, it seems like the economy is still stagnantly sucking for a bunch of attorneys and people with legal skills….
They say that March comes in like a lion, and goes out like a lamb. And in the case of last month’s legal happenings, that saying held true for the most part. Because even stuttering lambs are still gentle creatures, right?
All in all, March was filled with excitement (of the sexual variety) and disappointment (of the layoff variety) for lawyers. We even got a lesson in how to (and how not to) argue before the Supreme Court.
Now that the firm is struggling, legacy Dewey people and legacy LeBoeuf people have been blaming each other for the firm’s troubles. Who didn’t bring the prestige, who didn’t bring the rain, who is responsible for post-merger decisions that have led to turmoil?
Oh, recriminations. Fun times. We’ve been corresponding with some people who were at the respective firms before and after the merger, and listening to them blame the other side has been highly entertaining. Take a look, and vote for yourself about who is to blame…
If you are considering a virtual law practice, you know that many of today’s solo firms started that way. But why are established, multi-attorney law firms going virtual?
Many small firms are successfully moving part—or even all—of their practice to a virtual setting. This even includes multi-jurisdictional practice spanning several states and practice areas, although solo and small partnerships are still the largest adopters of virtual law.
Can you do the same? The new article Mobile in Practice, Virtual by Design from author Jared Correia, Esq., explores how mobile technology bring real-life benefits to a small law firm. Read this new article—the next in Thomson Reuters’ Independent Thinking series for small firms—to explore how a mobile practice:
Reduces malpractice risk
Enables you to gather the best attorneys to fit the firm, regardless of each person’s geographic location
Leverages mobile devices and cloud technology to enable on-the-spot client and prospect communication
Transitioning in-house is something many (if not most) firm lawyers find themselves considering at some point. For many, it’s the first step in their career that isn’t simply a function of picking the best option available based on a ranking system.
Unknown territory feels high-risk, and can have the effect of steering many of us towards the well-greased channels into large, established companies.
For those who may be open to something more entrepreneurial, there is far less information available. No recruiter is calling every week with offers and details.
In sponsorship with Betterment, ATL and David Lat will moderate a panel about life in-house and we’ll hear from GCs at Birchbox, Gawker Media, Squarespace, Bonobos, and Betterment. Drinks, snacks, networking, and a great time guaranteed. Invite your colleagues, but RSVP fast, as space is limited.
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 seven years. You can reach them by email: firstname.lastname@example.org.
It’s that time of year again when JDs are starting to apply for 2L summer jobs and 2L summers are deciding which practice area to focus on.
For those JDs with an interest in potentially lateraling to or transferring to Asia in the future, please feel free to reach out to Kinney for advice on firm choices, interviewing and practice choices, relating to future marketability in Asia, or for a general discussion on your particular Asia markets of interest. This is of course a free of cost service for those who some years in the future may be our future industry contacts or perhaps even clients.
For some years now Kinney’s Asia head, Evan Jowers, has been formally advising Harvard Law students with such questions, as the Asia expert in Harvard Law’s “Ask The Experts Market Program” each summer and fall, with podcasts and scheduled phone calls. This has been an enjoyable and productive experience for all involved.