Cadwalader Wickersham & Taft

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?

Let’s take a look at the memo and find out….

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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….

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The $215,000 engagement ring.

Voter turnout in our October Lawyer of the Month poll was not high: only 453 votes were cast. In the end, DLA Piper partner Laura Flippin, who allegedly blew a .253 on a breathalyzer test, narrowly edged out Cadwalader partner Ira Schacter, who reportedly bought a $215,000 engagement ring for his Playboy-bunny ex-fiancée — while refusing to pay for his teenage daughter’s $12,000 hearing aids.

A mere 11 votes separated the winner and the runner-up. Given the closeness of the vote, maybe Laura Flippin should have focused more on voter turnout, to boost the tallies of her rivals.

It seems that Ira Schacter did just that. Check this out….

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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….

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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….

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Alas, Vince Young couldn't make this happen.

* Ira Schacter’s lawyer on his client’s propensity to give out rings worth more than $200K: “He’s just a generous guy.” No, he’s just a Biglaw partner. [The Careerist]

* From Russia Israel with Love: Emory Law student Ilan Grapel has been released from Egypt and will be arriving back in the U.S. today. Welcome home! [New York Times]

* A guy was convicted of selling black market kidneys? I thought that only happened in urban legends, but apparently it happens in good old Jersey. [Bloomberg]

* Next time you want to hold porn auditions at your house, make sure you have the girls sign all of the necessary release forms before you drug and assault them. [Miami Herald]

* How dare you prevent Vince Young from making it rain and then sue him over it! When a man asks you to give him $8,000 in one dollar bills at a strip club, you do it. [New York Post]

Today we conclude our coverage of the top New York partners to work for, as selected by our readers (see earlier coverage here and here).

These seven partners are proof that you can be a good partner who is good to associates while working at premier Biglaw firms like Chadbourne & Parke, Cadwalader, White & Case, DLA Piper, Baker Hostetler, Weil Gotshal, and Cravath.

Let’s find out how they do it….

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Biglaw bucks can bring the bling.

Some people just can’t stay out of our pages. Back in 2008, we wrote about Ira J. Schacter, a prominent corporate partner and major rainmaker at Cadwalader. Schacter earned Lawyer of the Day honors after he was accused of beating his wife. (He claimed he acted in self-defense and was ultimately cleared of the charges.)

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?”

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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.

Some of these defections have come in clumps. Most notably, as we mentioned back in January, nine partners left McDermott for Cadwalader, Wickersham & Taft, as part of CWT’s raid on MWE’s energy law practice.

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….

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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….

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