Whenever the topic of financial profligacy arises, I like to remind the assembled audience of my own rectitude in such matters. Why, I didn’t get a credit card until my second year of law school. Until that point, I had no need for credit. And I still didn’t even after I got the card. A twelve-hundred dollar limit is what they gave me on account of my non-existent credit. But that was alright with me. What in the world would ever possess a person to spend more than a thousand dollars that they didn’t have on hand? Do you know how cheap eggs are? I mean, I know this sounds like quite the non sequitur, but do you know how cheap a carton of eggs is? You can get them for a dollar. Maybe a dollar and change. The only reason I bring this up is they are a tasty source of protein for next-to-no-money at all. And so I ask you, why in the world would you ever need to borrow an enormous sum of money? Why would you spend your money like some drunk, and likely ethnic, sailor on shore leave? Are you compensating for something? I beseech you, are you too good for eggs? No sir, I don’t think I’m better than you with your spendthrift waffle iron ways. I just think you must never have truly learned how to run a tight fiscal ship.
I owe several entities close to a quarter-million dollars because of a Northwestern legal education that led me to… well, this.
Welcome to today’s episode of everyone’s favorite Biglaw drama, As The Weil Turns. Today brings word of another Weil coming off the wagon — specifically, another partner defection.
And no, it’s not in Texas, where Weil Gotshal’s offices — which have lost about 15 partners in the past few weeks — are starting to feel as besieged as the Alamo. It’s up here in the northeast, closer to WGM’s headquarters in New York.
Who is leaving which Weil office?
(Please note the UPDATES added below regarding where this partner is going.)
She’s the most annoying woman on television, right?
If Staci were here, I’m sure she’d have some punny thing to say about trying to leverage small breasts into a more “prestigious” pair.
But the story really isn’t as salacious as it should be. Yes, there’s a woman trying to extort money for breast implants. And yes, she was trying to extort the money from a lawyer… so we get to write about it. But instead of some kind of hot itty-bitty office sex gone wrong, this story is more like a bizzaro Progressive commercial where Flo tries to get a rack installed on her chassis…
Ed. note: This post appears courtesy of our friends at Techdirt. We’ll be sharing law-related posts from Techdirt from time to time in these pages.
At times, there’s no one in a more unenviable position than the chairman of the FCC. When not dealing with larger issues like net neutrality and wireless competition, you’re at the beck and call of every member of an Overly Concerned Citizens’ Group that feels the need to start a letter-writing campaign any time an expletive hits the airwaves.
Bono fired off an f-bomb at the Grammys and someone let Nicole Richie make the most of her what-am-I-for fame by giving her a microphone and allowing her to explain how difficult removing cow shit from a Prada purse is. The Second Circuit Court of Appeals has twice found the FCC’s rules on so-called “fleeting expletives” to be a violation of the First Amendment. That, of course, matters little to angry letter writers who somehow believe The Children will be encouraged to swear by potty-mouthed celebs…
So they finally read Dzhokhar Tsarnaev his rights. Good thing we have that public safety exception to the Constitution. Who can be bothered to hold fast to our most sacred rights and liberties when there might be something bad happening! Obviously, once he was read his rights Tsarnaev immediately stopped talking and the government was unable to protect us from… oh wait, that didn’t happen. Tsarnaev kept talking (or nodding, as it were), even after informed of the basic rights guaranteed to him as a U.S. citizen.
But he did communicate that he couldn’t afford a lawyer. Luckily for him, the magistrate judge who read him his rights at his hospital bedside came with federal public defender in tow.
Let’s meet the people who will do this distasteful work so the rest of us can crucify the guy while being confident he’ll get a fair trial…
He just had his boat shot up and had a terrorist live in it for a day. If the dude wants an upgraded boat, let’s get the guy a boat without terrorist blood in it.
– John Phillips, a Florida personal injury attorney, offering commentary on the quest to get David Henneberry of Watertown, Massachusetts, a new boat. Phillips plans to send Henneberry $1,000 for a new boat — after all, the bullet-riddled boat that once housed suspected Boston Marathon bomber Dzhokhar Tsarnaev will probably be held as evidence while the investigation unfolds.
Given the events of this week, it’s important for us to understand the gaps and loopholes in our immigration system. While we don’t yet know the immigration status of people who have terrorized the communities in Massachusetts, when we find out it will help shed light on the weaknesses of our system.
How can individuals evade authority and plan such attacks on our soil? How can we beef up security checks on people who wish to enter the United States? How do we ensure that people who wish to do us harm are not eligible for benefits under the immigration laws, including this new bill before us?
Since last night, much has been discovered about the suspects in the Boston Marathon bombings, including their names: Tamerlan Tsarnaev (Suspect #1) and Dzhokhar A. Tsarnaev (Suspect #2). While Tamerlan died overnight in a police firefight, Dzhokhar remains at large. On his Vkontakte page, which is essentially the Russian version of Facebook, Dzhokhar notes that his personal priorities are “career and money.”
Now, everyone who hasn’t been following the news about the employment/debt crisis for recent law school grads knows that if those are your aspirations in life, you should head to law school.
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: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months (Robert Kinney and Evan Jowers will be in Hong Kong again March 15 to 23), and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.
Are you challenged by the costs and logistics of maintaining your office, distracting you from the practice of law?
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:
Everyone is talking about the importance of Social Media in Corporate America. But it is relatively safe to say that most law firms and lawyers are slightly behind the social curve. Most lawyers, at minimum, use LinkedIn, for networking. Some even use Twitter for pushing out short, pithy content, while many have Blogs, where they write their little hearts out. The adage “it is better to give than to receive” is not always true though in the world of Social. In the Social World – it is best to listen, give back and engage.
Social Media is a communications tool that can deeply educate you about the needs and wants of your clients and prospects when used in conjunction social media monitoring and sharing tools.
Take this quick quiz and see if you know how to use Social to help you engage more with your clients or to better service the ones you have.