
This Presidential Candidate Was Miserable In Biglaw
Life in Biglaw isn't so grand.
Life in Biglaw isn't so grand.
* Was Michael Cohen involved in any talk about potential pardons? Lawmakers are now very interested in exploring this topic to find out if anyone was allegedly obstructing justice. [Washington Post] * As we've been hearing for a while now, special counsel Robert Mueller will submit his final report soon, and it's going to turn into a political firestorm. [Bloomberg] * Meanwhile, Rep. Jerry Nadler (D-NY), chairman of the House Judiciary Committee, says it’s "very clear" that President Trump obstructed justice in Mueller's probe, and he’s sending out document requests for his own investigation. [Chicago Tribune] * Thomas Reid is out as the managing partner of Davis Polk after accepting the role of general counsel at Comcast. Congratulations and best of luck! [Corporate Counsel] * No one could have possibly seen this one coming: After his stint as White House counsel, Don McGahn will be returning to Jones Day. [National Law Journal] * Michael Cohen was disbarred just days ago, but it's possible he could practice law again the future. It won't be easy, of course, but it could happen. [Big Law Business] * Yay, more law schools... Concordia Law and Lincoln Memorial Law were granted full accreditation by the American Bar Association this weekend. [KTVB 7; WATE 6]
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Davis Polk shows its support for an alum.
Hope you had a restful Thanksgiving, because Biglaw bonus season is about to kick into high gear.
For the elite Biglaw firms, there's consensus growing around these numbers.
Gary Lynch is ready to practice law again.
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Which super-elite Biglaw firm apparently stiffed its counsel on bonuses this year?
By impaneling a grand jury, Mueller makes things even easier for Republicans.
Our thoughts are with this lawyer's family, friends, and colleagues.
Uh-oh! Trouble in paradise? It looks like Martin Shkreli's lawyer -- who also happens to be his co-defendant -- has turned on him. * Florida has released the results from its administration of the February 2017 bar exam, and they were not pretty. The percentage of those who passed dipped a bit since 2016, but students at both Orlando law schools were more likely to have failed. But which law school did the worst of all? We'll have more on this later. [Orlando Sentinel] * Trouble in paradise? Martin Shkreli's former lawyer, Evan Greebel -- who also happens to be his co-defendant -- has turned on him, accusing the pharma bro of submitting false documents to the Securities and Exchange Commission and engaging in illegal stock trading. Greebel, of course, now wants to be tried separately from Shkreli. [Bloomberg] * "I never in my wildest dreams imagined I would be back." Five women who once worked at Davis Polk and had been gone for at least two years to raise their families have returned to the firm for one-year stints with a program called "Davis Polk Revisited." If all goes well, they may be able to return for a longer period of time. [WSJ Law Blog] * A former Hunton & Williams partner who spent 20 years on the lam as a fugitive has finally been caught. Scott Wolas, who was disbarred in 1999, was most recently accused in a $1.5 million real estate investment fraud scheme. Over the course of his alleged criminal career, Wolas reportedly assumed a number of other aliases. [Am Law Daily] * Each year around Easter, the ABA Journal hosts a Peeps in Law diorama contest. It's time to cast your vote for your favorite, and this time around, the competition is pretty stiff. We're particularly partial to the entry that's been dubbed "State of Peepington v. Trump," but "Peepsburg and Sugarmayor" is also very cute. Vote! [ABA Journal]
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When the legal market struggles, these firms still surge.
* Are federal authorities investigating Fox News? [Law360] * Has Trump made law school "cool again"? No. Law school was never cool. [Quartz] * What do you know? Looks like some firms are finally waking up to the fact that they didn't have good years and really couldn't afford to jack up associate salaries. [ABA Journal] * That said, Davis Polk just had its self-described "best year ever." Did nobody tell these people Bowie died? [Am Law Daily] * Judges say they understand technology, but contradictory rulings about discovery and "the cloud" may say otherwise. [Law.com] * The litigation finance industry is leery of class actions. Should they be? [The Recorder] * Then again, maybe it won't matter because this Congress is trying to gut class actions by making it next to impossible to find lawyers willing to take on these cases. [Forbes] * Hofstra Law is opening a clinic to serve immigrants dealing with deportation. [Newsday] * Nobody actually likes the Rams or Chargers. That's why Biglaw is in deep with a gaggle of antitrust suits brought by the people of Los Angeles over having to buy NFL Sunday Ticket. [Law.com]
Despite a geopolitically tumultuous 2016, the U.S. M&A market had a robust year.
Is it 2014 all over again?
How are we going to afford all those raises?