On the transactional side, things seem to be going gangbusters for Skadden Arps. As we noted yesterday, the firm took the top spot in three separate rankings of 2012 M&A work. In 2011, a different firm sat atop each set of rankings, but in 2012, Skadden ruled them all.
On the litigation side, though, the new year has brought new headaches for Skadden. Earlier this month, a high-profile partner at the firm, along with another partner and an associate, got hit with a big benchslap. A federal judge issued an order to show cause, asking the Skadden lawyers to explain why they should not be sanctioned, and set “a status hearing in open court…. [at which the attorneys] are all directed to appear in person.” Ouch.
Skadden recently filed its response to the OSC. Let’s review the benchslap, then see what the Skadden lawyers had to say for themselves….
As you might expect from the founder of one of the world’s great law firms, Frederick Winston was an impressive individual. He graduated from Harvard Law School in 1852. His first law partner, Norman Judd, was the delegate who nominated Abraham Lincoln at the 1860 Republican National Convention. His next law partner, after Judd became President Lincoln’s ambassador to Germany, was Henry Blodgett — no, not thatHenry Blodget (one “t” versus two) — who later served as a federal judge. In 1894, Frederick Winston became law partners with Silas Strawn — and the rest, as the say, is history.
If you’d like to own a piece of history, you can purchase the 1896 mansion that was built for Frederick Winston. It’s now on the market, for just under $10 million.
No, this is not an apartment building (although it could be converted into one). It’s a single-family house — the house that Winston built….
During the 2000 presidential campaign, Al Gore famously alluded to “powerful forces and powerful interests” that were out to get ordinary Americans. He received derision from some quarters for his vague invocation of mysterious forces that were conspiring to keep the people down — but maybe he had a point? As Henry Kissinger famously observed, “Even a paranoid has some real enemies.”
This brings us to the first of our two Judges of the Day, both out of the Chicago area. The first claims that she is “being persecuted extensively by many people in many ways.”
Let’s learn about the mysterious forces who are supposedly causing trouble for this jurist. Does she have actual enemies, or is she simply cuckoo in Cook County?
When renowned federal prosecutor Patrick Fitzgerald stepped down as U.S. Attorney in Chicago, he reacted skeptically to the suggestion that he join the dark side jump over to private practice and become a defense lawyer. When asked about this at a press conference regarding his departure, he quipped, “Can you see me as a defense attorney?”
Well, pooh-poohing something isn’t the same as rejecting it out of hand. Yesterday brought news that Pat Fitzgerald will be entering private practice after all.
The filing should be stricken. It’s absolute insanity. It’s bizarre beyond belief. It’s so unbelievable, I don’t know what to say. I’m speechless.
– Joel Brodsky, lead attorney for convicted murderer Drew Peterson, responding to attorney John Paul Carroll’s motion for a new trial. Carroll has not been involved in the case thus far, except as a consultant to advise Peterson about his pension rights.
I assume the hero in this story looks like Gandalf.
Every once in a while, we cover special Lawyers of the Day who earn spots on ATL not for embarrassing goofs, but for making unique attempts do the right thing — from outside the courtroom. Often, these stories end happily, like the attorney who chased down some cell phone thieves.
Earlier this week, a tipster told us about a heroic Chicago prosecutor who helped some imperiled strangers, but wound up getting stabbed and beaten in the process. Thankfully, police have arrested a suspect. No good deed goes unpunished, but looks like the odds aren’t much better for bad ones either….
Today we have news of another lawyer leaving the Chicago office of Sidley. But this departure reads more like a mystery novel than a memoir. Let’s find out who’s leaving, even if we don’t yet know why….
If you don’t know the video I’m talking about, it’s an old home movie from 1992 of Shaun Sperling’s bar mitzvah. In the video, the then 13-year-old boy dances — quite enthusiastically, in front of dozens of cheering friends and family members — to Madonna’s “Vogue.” It’s just as goofy and awesome as it sounds.
Well, 20 years later Sperling is a commercial litigation attorney in Chicago. In between appearances on the Today Show and Jimmy Kimmel, we caught up with him to ask if his newfound fame has affected his legal work over the last few weeks. In short: it’s been great.…
It's great to work this hard and get paid less than minimum wage. And by 'great' I mean 'amazingly horrible.'
Welcome to Above the Law’s ongoing series: “Jobs that will put y’all back in chains.”
Unlike many of our terrible jobs, today’s story about the terrible job market is at least a job for lawyers that involves the practice of law. And earning money.
Mind you, it’s not a lot of money. Depending on how many hours you work, it’s below minimum wage. And the ad says that the hours are grueling.
But the combination of low pay and hard work isn’t what makes this job particularly horrible. It’s the fact that the employer thinks they’re going to attract the best of the best with this pathetic excuse for legal work….
If your firm is in ‘go’ mode when it comes to recruiting lateral partners with loyal clients, then take this quiz to see how well you measure up. Keep track of your ‘yes’ and ‘no’ responses.
1. Does your firm have a clearly defined strategy of practice groups that are priorities of growth for your office? Nothing gets done by random chance, but with a clear vision for the future. Identify the top practice areas for which you wish to add lateral partners. Seek input from practice group leaders and get specifics on needs, outcomes, and ideal target profiles.
2. In addition to clarifying your firm’s growth strategy, are you still open to the hire of a partner outside of your plan? I’ve made several placements that fit this category. The partner’s practice was not within the strategic growth plan of my client, but once the two parties started talking with each other, we all saw how it could indeed be a seamless fit. Be open to “Opportunistic Hires.” You never know where your next producing partner might come from, so you have to be open to it. I will be the first to admit that there is a quirky element of randomness in recruiting.
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 six years. You can reach them by email: firstname.lastname@example.org.
We currently have a very exciting and rare type of in-house opening in China at one of the world’s leading internet and social media companies. Our client is looking for an IP Transactional / TMT / Licensing attorney with 2 to 6 years experience. The new hire will be based in Shenzhen or Shanghai. Mandarin is not required (deal documentation will be in English) but is preferred. A solid reason to be in China and a commitment to that market is required of course. This new hire will likely be US qualified (but could also be qualified in UK or other jurisdictions) and with experience and training at a top law firm’s IP transactional / TMT practice and could be currently at a law firm or in-house. Qualified candidates currently Asia based, Europe based or US based will be considered. The new hire’s supervisors in this technology transactions in-house team are very well regarded US trained IP transactional lawyers, with substantial experience at Silicon Valley firms. The culture and atmosphere in this in-house group and the company in general is entrepreneurial, team oriented, and the work is cutting edge, even for a cutting edge industry. The upside of being in an important strategic in-house position in this fast growing and world leading internet company is of the “sky is the limit” variety. Its a very exciting place to be in China for a rising IP transactional lawyer in our opinion, for many reasons beyond the basic info we can share here in this ad / post. This is a special A+ opportunity.
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