* Sad and depressing old man news: Joe Paterno’s legal innocence was irrelevant. Instead of letting him retire at the end of the year, the Penn State Board of Trustees fired him last night. [New York Times]
- Defamation, Football, Harvard, Masturbation, Morning Docket, Pregnancy / Paternity, Sexual Harassment, Wall Street
- Biglaw, Chadbourne & Parke, Crowell & Moring, Ho-Love, Holland & Knight, Howrey LLP, Lovells, Patton Boggs, Rankings, Vault 100 Open Threads: 2011, Vault rankings
With fall recruiting gearing up, and the lateral market warming up, we continue our annual series of open threads about the law firms featured in the Vault prestige rankings. These threads provide ATL readers with a forum to discuss the different firms and their various strengths and weaknesses.
The end of the Vault 100 is in sight. We’re covering the firms in batches of 20 now. Here are the firms ranked #61 to #80, which will provide today’s discussion fodder:
61. Greenberg Traurig, LLP
62. Holland & Knight LLP
63. Fish & Richardson P.C.
64. Sonnenschein Nath & Rosenthal LLP
65. Cahill Gordon & Reindel LLP
66. Foley & Lardner LLP
67. Perkins Coie LLP
68. Nixon Peabody LLP
69. Patton Boggs LLP
70. Kaye Scholer LLP
71. Hunton & Williams LLP
72. Reed Smith LLP
73. Steptoe & Johnson LLP
74. Chadbourne & Parke LLP
75. Howrey LLP
76. Bryan Cave LLP
77. Lovells (US) [now part of Hogan Lovells]
78. Katten Muchin Rosenman LLP
79. Crowell & Moring LLP
80. Schulte Roth & Zabel LLP
This is a very eclectic group, including a few New York-centric firms, some D.C.-dominated places, and a bunch of national and even international giants.
Let’s take a closer look at some of these shops….
Things haven’t been easy for Bryan Cave and its associates during this recession. But today is a good day. There is no need for an A.K.
Last night, we received word from tipsters that BC associates across most of the firm’s offices will be told that they are getting a raise:
Bryan Cave announced to associates that associates will be getting a pay raise effective august 1 and another at the “normal” pay raise date of January 1.
Our sources tell us that associates in all U.S. offices, and London, will receive a raise.
However, the salary bump will not affect first years. The BC starting salary will remain at $145K in Chicago.
The amount of the raise will obviously vary by office, but we’ve got some information for the Chicago people…
Do you remember the scene in the Amityville Horror House movie where the toilet says to the family, “Get out”? That seems to be what firms are telling incoming associates when they defer first-years until 2012.
Today, we’ve got another firm that has decided to put some of its incoming associates on the long march towards nowhere in particular. Missouri Lawyers reports:
St. Louis-based Bryan Cave is among the firms that have pushed off start dates on new associates to 2012.
The firm’s St. Louis office made 14 total offers last fall to 2010 law school graduates, but told seven of them at the time that they wouldn’t be starting until January 2012, said managing partner Peter Van Cleve. The other seven were extended offers to start in January 2011.
Remember, Bryan Cave is still trying to absorb the members of the class of 2009 — at least the ones who didn’t already take the firm’s offer to split…
Every now and then, we like to offer our readers some career alternatives — things you can do with your law degree and legal training that don’t involve, say, working in a large law firm or as a contract lawyer. We’ve profiled a wide range of individuals, from lawyers who have left the law for everything from football coaching to CEO-ing to therapy (giving, not receiving).
A number of past profiles have involved attorneys turned entrepreneurs. We’ve looked at lawyers who have started restaurants and gone into college admissions consulting. We’ve profiled a lawyer who makes hot tamales, and a lawyer who is a hot tamale.
Today we continue down the path of attorneys who have gone from representing companies to launching them. Our latest interviewee has started a company, Urban Interns, that might be of interest to any ATL readers who are looking to hire interns — or any ATL readers who are looking for internships, which can provide valuable experience and/or a paycheck (of great value during these times of still-high unemployment).
Last month, Midwestern firm Polsinelli Shughart raided Bryan Cave. Approximately 22 attorneys from Bryan Cave’s Phoenix, D.C., and Chicago offices spread their wings and flew over to Polsinelli. The Phoenix flock was the largest, consisting of 12 partners and associates.
When a big group of attorneys leave, it sometimes spooks those left behind. We hear that one partner at Bryan Cave was really spooked.
The attorneys that left had all been on the 22nd floor, the main floor of the Phoenix office on which clients are greeted. Their departure left the floor eerily vacant, so the firm asked some partners and attorneys to move into the empty offices. One of those asked to move was longtime partner Bob Shely. He felt his new office was tainted, though; according to reports circulating widely at the two firms, he said it had an “evil feeling.”
I see defected people?
According to the rumor mill, he wanted the carpets torn out and the office renovated. But a recruiting coordinator at the firm offered a cheaper solution: a do-it-yourself spiritual cleansing kit….