Cadwalader

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….

double red triangle arrows Continue reading “Career Center Survey Results: Top Partners to Work For – New York (Part 3)”

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?”

double red triangle arrows Continue reading “A Cadwalader Partner, His Deaf Daughter, and His Playboy Bunny Ex-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.

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….

double red triangle arrows Continue reading “What’s Going on at McDermott Will & Emery?”

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….

double red triangle arrows Continue reading “Musical Chairs: Orrick Assembles an Impressive Team of Finance and High-Yield Lawyers”

Dennis Block

Big news out of New York today: Dennis Block, a leading mergers and acquisitions attorney, is on the move. Known for being extremely successful — but notoriously difficult to work with — Block is stepping away from Cadwalader, Wickersham & Taft and bringing his huge book of business to Greenberg Traurig.

This Brooklyn Law School graduate proves that you don’t need to go to a T-14 school to have a great career. Block has served as counsel on several big time affairs, including Pfizer’s $68 billion Wyeth takeover, and JPMorgan’s Bear Stearns buyout.

Let’s learn more about Block’s past, and see what Cadwalader has to say about this partner’s defection….

double red triangle arrows Continue reading “Musical Chairs: Greenberg Traurig Snags a Major Player from Cadwalader”

Joran van der Sloot

* Bob Morse announces that new jobs data may be used to change the methodology for calculating law school employment rates. Because Bob Morse has to do the ABA’s job for them. HIYOOOO! [U.S. News & World Report]

* And speaking of employment (or lack thereof), it looks like UDel and SUNY Stony Brook have given up their plans to build new law schools. Did they smarten up and start worrying about jobs like we do? [Washington Post]

* Joran van der Sloot: rolling his eyes at murder charges since 2005. More than a year after his arrest, he’s been charged with the murder of Stephany Flores. [CNN]

* Representing a private company, Cadwalader’s antitrust case against Google got tossed. Even Biglawyers can fail to meet their burdens of proof. [CNET]

* ‘Cause tonight we’re robo-signing like it’s 1999? Mortgage paperwork screw-ups aren’t as new as you think – they’ve been around since flannel was still cool. [Associated Press]

* Remember that Oscar de la Hoya lawsuit? The settlement allegedly included $20M in exchange for getting his heels and fishnets back. You can’t keep a good crossdresser down. [New York Post]

One of my favorite law firm names is FreshfieldsFreshfields Bruckhaus Deringer, to be precise, but I prefer Freshfields. It makes me think of rolling green hills, crisp laundered linens, or a dairy, producing the creamiest milk in all the land.

As it turns out, Freshfields is a law firm — a top international law firm, a member of the elite Magic Circle. And this Freshfields is rolling out the green, doling out crisp bills, and ladling out the cream — to its associates. As reported earlier today by Am Law Daily, yesterday Freshfields announced spring bonuses, on the top-of-the-market Cravath scale.

Freshfields isn’t alone. This afternoon, Cadwalader, which was publicly toying with the idea of spring bonuses, announced that it too would pay them, again on the Cravath scale.

These two moves are significant — far more significant than the earlier spring bonus announcements….

double red triangle arrows Continue reading “Spring Bonus Mania: Freshfields, Cadwalader…. Where Will It End? Could Your Firm Be Next?”

Gilbert Arenas

* Remember the law firm screw-up that revealed juicy dish about NBA star Gilbert Arenas and his ex-fiancee, Laura Govan? Here’s an update. [Reliable Source / Washington Post]

* Musical chairs: King & Spalding picks up 14 litigators from Filice Brown. [The Recorder via ABA Journal]

* Be careful when buying up Google search terms — or you might end up owing $300K to the hat-sporting advocates at Binder & Binder. [Legal Skills Prof Blog]

* It seems that Redskins owner Dan Snyder, the plaintiff in a dubious defamation action, has his hand in a second suit — this time against Cadwalader. [Am Law Daily]

* In the wake of the tragic killing of Chief Judge John Roll, it’s probably unwise for a politician to call for putting federal judges “on the Endangered Species list.” [TPMDC]

* A tipster has the credited blurb for this article on judges in France: “Insert French surrender joke here.” [USA Today]

Santa convention? No, just French judges.

* A (rather cute) male associate named William stands accused of sending around pictures of his Greg. [The Dirty]

* If you’ll be in NYC on February 23, come to the annual dinner of the Asian American Bar Association of New York, which I’ll be emceeing once again. [AABANY]

* Looking for a job — or for a new employee? Don’t forget the ATL job board. [Above the Law Jobs Board]

Fact: Spring bonuses have been announced at Cravath, Sullivan & Cromwell, Simpson Thacher, and Cleary Gottlieb.

Fact: It’s February 7th.

Fact: Skadden, Davis Polk, Weil, and Debevoise should be ashamed of themselves.

Honestly, I don’t know what the top-tier firms that haven’t announced spring bonuses think they’re doing. Do they hope that no one is watching? Everybody is watching.

You want proof? Last week, at a “state of the firm” meeting, Cadwalader announced that it is considering spring bonuses. If Cadwalader goes with spring bonuses, it puts a whole host of other firms in play for the big payout…

double red triangle arrows Continue reading “If Cadwalader Makes It Rain, Many More Firms Will Have to Follow”

Page 4 of 6123456