Carter G. Phillips

If the Houston office of Weil Gotshal & Manges ends up shutting down in the wake of the recent partner defections, management in New York might not shed a tear. In fact, it might have been part of their master plan.

As one Weil source told us, the Houston litigation defections were “not a surprise,” since the June layoffs “took away all but one assistant and all of the associates. The associates that were allowed to stay were switched to contract positions and have since left. Basically, it was an elimination by New York of the Houston group from the bottom up.”

Dallas, however, is a different story. It’s more of a standalone office, with a more diversified mix of practices, and it makes a bigger contribution to the firm’s bottom line.

But the latest partner departures do raise serious questions about its future. Which Dallas partners just left, and where are they going?

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“Who shot J.R.?” That was the question that everyone (hi Mom!) was dying to know on the wildly popular prime-time soap opera of Dallas.

“Who drove out Yvette Ostolaza?” That’s the question everyone is dying to know on the wildly popular prime-time soap opera of Weil Gotshal.

Okay, “drove out” is probably not the right phrasing here, for reasons we’ll explain below. But there’s no denying that people are keenly interested in the drama surrounding the departure of eight Weil partners to Sidley Austin in Dallas.

Let’s take a closer look at the situation, shall we?

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The last time we covered the lavish signing bonuses for Supreme Court clerks who head to law firms after their time at the Court, the bonuses were flirting with $280,000. We say “flirting with” because, at the time, only certain firms were offering $280K. That princely sum was not yet the market rate for talent emerging from One First Street.

A little over a year later, we can report some change on this front. Even though regular associate bonuses and partner profits might be flat this year, the price for Supreme Court clerks is going up, up, up….

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Carter Phillips

On Sunday, Sidley Austin announced a regime change at the firm. Over the next year, veteran Supreme Court litigator Carter Phillips will become co-chair and eventually chair of the firm’s executive committee. In 2013 he will replace the current chair, Thomas Cole.

Currently, Phillips is managing partner of Sidley’s Washington D.C. office. He recently argued his 76th case in front of the Supreme Court. I had the opportunity to ask him about the Obamacare arguments last month.

Keep reading to learn more about the transition and to find out what it takes for an accomplished practicing attorney to take on a crucial business role…

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Carter Phillips

After the Supreme Court heard oral arguments over the constitutionality of Obama’s healthcare overhaul last week, we discussed the case with veteran Supreme Court litigator Carter Phillips. Phillips, the managing partner of Sidley Austin‘s Washington, D.C. office, is a renowned Supreme Court litigator. He has argued 75 cases in front of the high court, more than any other attorney in private practice.

Check out our conversation below. He had a lot of insightful comments about the performances of Paul Clement and Donald Verrilli, the mind of Justice Anthony Kennedy, and even a few jokes…

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