Two of Dewey & LeBoeuf’s leaders, both members of the Office of the Chairman, are abandoning ship. Where are they going?
Being a partner at a top law firm is still highly desirable. This is especially true of partners at firms near the top of the Biglaw hierarchy — places like Cravath, Swaine & Moore and Simpson Thacher & Bartlett, with profits per partner in 2010 of $3.17 million and $2.64 million, respectively. They both announced new partnership classes this month. Let’s learn about the new partners at CSM and STB. Maybe you know some of them — from college, or law school, or a case or matter you’ve worked on….
It has long been the case in Hong Kong that most UK law firms and a very small minority of US law firms have three month notice periods for their US associates built into their employment contracts. But until about 18 months ago it was not common for any firm to enforce a three month notice period when a US associate left solo[…]