* Lloyd Blankfein testified in the Rajabba case and (you will not believe this) shook… Rajabba’s …hand. OMG. [Reuters]
* Meanwhile, in Wisconsin, prosecutor Ismael R. Ozanne is going to put the whole system on trial. [Bloomberg]
* The Supreme Court grappled with the question of whether poor people are entitled to legal representation in cases where they face jail time for failure to pay child support. On a related note, here is video of Shawn Kemp dunking on Alton Lister’s head. [New York Times]
* Dov Charney, world-renowned maker of leggings and sweatbands, once again stands accused of being a creep. [Los Angeles Times]
While some people seem to think Japan’s status as a rich nation means it doesn’t need any international aid, I don’t see how the country’s long-term ability to recover has anything to do with the immediate humanitarian crisis. Japan will undoubtedly be able to rebuild in the future, but its citizens need food and water today.
We’ve now received word that even more Biglaw firms are pitching in to do what they can. If you know of additional firms supporting relief efforts that we have not mentioned, please tell us in the comments to this post….
Last week we reported on global megafirm Latham & Watkins heading into the Boston legal market. The firm will officially announce the opening of its Beantown outpost later this month.
We mentioned that Latham snagged Alex Temel, a prominent partner from Proskauer, to help start up LW’s Boston office. Now we’re hearing additional reports about attorneys who will be joining Latham in Boston, as well as the location of the office….
And here’s some additional good news. Last year, Bingham experimented with a somewhat complex “merit-lockstep” hybrid approach to associate compensation. This year, Bingham is moving back to a simpler system.
Every year, Fortune produces a list of the 100 Best Companies to Work For, and every year a handful of law firms make the list. And every year I wonder why some law firms made the list, while others did not, and whether Fortune actually has any idea about what they’re talking about.
We cover this list every year (click here for our posts in 2010, 2009, 2008, and 2007). Last year, six firms made the list. But this year only four law firms are among the top 100 companies.
Again, I can’t figure out what the two firms that dropped did wrong. But let’s congratulate the four firms that did stay on the list.
* Lady Kaga issues her first single: a ruling against a Chapter 13 debtor, in favor of his credit card issuer, affirming the Ninth Circuit by a vote of 8-1. The lone dissenter: Justice Scalia. Weird, huh? [WSJ Law Blog; ABA Journal]
* How do you prosecute a deaf, mute, illiterate man? Please, please, please let the answer include pinball. [WSJ Law Blog]
* Should law school final exams use made-up hypotheticals or real-life cases? Professor Howard Wasserman assesses pros and cons. [PrawfsBlawg]
* Illinois State Senate takes a syringe stab at repealing the death penalty. [Reuters]
* Guns used to shoot off penises > Guns used to shoot at attackers. [Gawker]
* Congratulations to the 13 new partners at Bingham McCutchen. [Bingham]
* Lateral Link is teaming up with Frank Kimball, the former McDermott Will hiring partner who founded Kimball Professional Management, to focus on partner placements. (Disclosure: Lateral Link is an ATL advertiser.) [Am Law Daily; Lateral Link (press release)]
Well, this is not going to make Bingham McCutchen partners happy. A judge today ruled that the marital agreement between Los Angeles Dodgers owner Frank McCourt and wife Jamie McCourt is invalid — and therefore Frank might not have sole ownership of the Dodgers.
We wrote about Bingham’s boo-boo back in September. Some copies of the postnuptial agreement use the word “inclusive” in a way that would have given Frank sole ownership, while others use the word “exclusive,” which would have made Jamie a co-owner.
Bingham’s agreement may have been thrown out by the court, but don’t think for a second that Frank McCourt is done fighting for sole control of the team…
* Congrats to Boies Schiller and Bingham, for their client Oracle’s record-setting, $1.3 billion verdict against SAP. It’s the largest 2010 jury award, the largest for copyright infringement ever, and the 23rd-largest of all time. [Am Law Daily; Bloomberg]
* MC Hammer was wrong – the TSA can touch this. On the eve of Opt-Out Day, the first of what could be many body scanner and pat-down lawsuits has arrived. [Washington Post]
* When you submit a “poorly written brief” to the Supreme Court, maybe you do need to go to three years of law school before you can sit for the bar exam. [The Hoya]
* Zynga, the creator of Mafia Wars, made Walt Disney an offer it couldn’t refuse to settle its trade secret litigation. Isn’t Zynga’s only trade secret the art of creating game pop-ups? [Los Angeles Times]
* Robbing Peter to Pay Paul: Lawyer’s Edition. Stealing $300K from your law firm to pay your mortgage will not only get you disbarred, but it will also get you jail time. [Atlanta Journal-Constitution]
* Adrien Brody gets an injunction, and saves you the trouble of having to see him in another movie. Sorry, bro, your career already tanked, so no harm done. [ArtsBeat / New York Times]
* A lawsuit from the Bling King himself. Diamonds are a girl’s best friend, except when you’re Courtney Love — then you just wish those rocks were made of crack. [New York Daily News]
The American Lawyer just released its annual summer associate job survey. Back in the day, law students paid a lot of attention to how summers before them enjoyed their summer associate experience. Of course, back in the day the summer associate experience used to be a 12-week-long recruiting event.
Now, it’s a 12 (or 10, or 8) week job interview. And the stress of that showed up in the summer associate surveys.
But despite a difficult job market, some summers still found time to bitch about the lack of lavish recruiting lunches. And Am Law looked at all the surveys and came up with a ranking of the top summer program.
Let’s take a look at the best (and the whiniest) summer programs…
It’s actually not the divorce of the Los Angeles Dodgers, but the divorce of real estate mogul Frank McCourt and his wife, Jamie. Some call it the Dodger Divorce, however, since this bitter litigation could determine the fate of the storied baseball team — an asset worth hundreds of millions.
The couple is fighting over ownership of the Dodgers in a Los Angeles courtroom, aided by a long list of leading litigators. Frank McCourt is represented by Stephen Susman of Susman Godfrey, among others, and Jamie McCourt’s legal team is led by David Boies of Boies Schiller. (For a more complete listing of the lawyers involved, see here.)
But right now Susman and Boies aren’t the lawyers in the limelight. Rather, all eyes are focused on attorneys from Bingham McCutchen. The Boston Globe reports:
The high-powered firm is suddenly at the center of the drama because of work done by its lawyers. At issue is the wording of a document signed by both McCourts six years ago. According to media reports, three copies of the marital property agreement use the word “inclusive,” which would make Frank McCourt the sole owner of the Los Angeles Dodgers, and three copies say “exclusive,” which would make Jamie McCourt the co-owner of the venerable Major League Baseball franchise.
This is not the first time we’ve covered how a tiny difference in language — just two little characters, “in” as opposed to “ex” — could mean millions. Remember the single-digit error that could cost a real estate company tens of millions? See also the $900,000 comma and the $40,000 missing “L.”
Yikes. This is such stuff as lawyers’ bad dreams are made of. Law truly is a game of inches. (When bloggers make typos, commenters make fun of us; when lawyers make typos, people die lose money — sometimes lots and lots of it.)
The lead lawyer from Bingham McCutchen, Larry Silverstein — no relation to the World Trade Center real estate developer, as far as we know — admits that he messed up in preparing the marital property agreement (MPA)….
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.
Things have changed recently in Korea – a few of our US and UK client firms are looking, very selectively, for a lateral US associate hire. Until just recently, there was not much hiring like this going on in Korea, since US and UK firms started opening offices there. We have already placed two US associates in Korea in the past month at top firms. Most of the hiring partners we work with in Korea do not actively work with other recruiters.
If you are a Korean fluent US associate in London, New York or another major US market, 2nd to 6th year, at a top 20 firm, with cap markets or M&A focus (or mix), or project finance background, and you are interested in lateraling to Korea to a top US or UK firm, please feel free to reach out to us at email@example.com or firstname.lastname@example.org. Our head of Asia, Evan Jowers, was just in Korea recently, and Evan and Robert Kinney will be in Korea in a few weeks. We are in the process of helping several firms open new offices in Korea (a number of which are interviewing our partner level candidates) and also helping existing offices there fill openings.
Professor Joel P. Trachtman has developed a unique, practical guide to help lawyers analyze, argue, and write effectively.
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