It’s beginning to look a lot like last year’s Christmas at Cadwalader, Wickersham & Taft. CWT announced yesterday that it would be matching the Sullivan & Cromwell bonus scale. It starts at $7,500 for the class of 2010 and tops out at $42,500 for the class of 2003 and more senior. All bonuses will be paid in early February 2012.
But what about spring bonuses? And is Cadwalader planning to show any love for the class of 2011?
November is typically a month where people give thanks for all of the good things in their lives. The vast majority of the scandalous lawyers featured in these pages seem to have forgotten about that small fact. They just don’t give a damn.
Family ties? Meh. The troops? Screw ‘em. Honorific ATL titles? Totally lame.
Who are these thankless men? Let’s check out the candidate pool for November’s Lawyer of the Month competition….
It’s time to announce the winner of October’s Lawyer of the Month competition. Our readers had a motley crew of female lawyers behaving badly to choose from, and one male attorney who probably would have loved to keep company with them all.
But which kind of lawyer do our readers like the best? Drunk, naked, rich, or slutty ones? In this polling cycle, we learned that money can buy just about anything, except enough votes to win an ATL contest….
It seems like lawyers got a little wild last month, especially the ladies. In fact, our candidate pool for October’s Lawyer of the Month contest was mostly dominated by women. Score one for women’s equality in the legal profession, even if we’re out there embarrassing ourselves.
Only one of our candidates is a man, but given his choice in women, he’d probably love to be surrounded by all of these hot messes.
Last month, we offered you the sex, violence, and stupidity edition of the competition. We suppose you can call this one Lawyer of the Month: Drunk, Slutty, and Naked. Let’s check out our nominees for the month of October….
Well, today Ira Schacter is back in the news. He’s accused of refusing to pay for his teen daughter’s $12,000 hearing aids, while dropping $215,000 on a diamond engagement ring for his Playboy-bunny fiancée. If true, that’s pretty shoddy behavior — the very embodiment of cheapness, from a big-time Biglaw partner who can easily afford twelve grand.
But I know what you’re all wondering right now: “How hot is that Playboy-model fiancée?”
Last week, the American Lawyer shined a spotlight on extensive partner departures from McDermott Will & Emery. According to Brian Baxter of Am Law Daily, a whopping 38 partners have left MWE in 2011 so far.
But that explains just a quarter of the year-to-date partner departures from McDermott. Let’s look at some of the others, explore possible implications for the firm, and discuss what might be motivating the movement toward the exits….
The law firm of Orrick, Herrington & Sutcliffe continues to do battle with its former client, MGA Entertainment. It seems that the maker of Bratz dolls is still acting in bratty fashion, by not paying its legal bills, and Orrick has moved to withdraw from representing MGA. (This is not the first time that Orrick has tried to fire its difficult client.)
Fortunately, things are happier on the transactional side for Orrick. The firm just announced that it’s picking up five bank finance and high-yield partners, for its New York office.
The new arrivals come from four different places, including three firms whose names you will definitely recognize….
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: email@example.com.
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 firstname.lastname@example.org or email@example.com. 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.
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