Fabulosity

Congratulations! You made it!

Few people are happier about the world’s surviving the Mayan Apocalypse than new partners at top law firms. Can you imagine slaving away in Biglaw for almost (or even over) a decade, finally winning election to the partnership in late 2012, and then having the world end before your hard-won partner status took effect?

Fortunately that didn’t happen. Heck, we didn’t even go over the fiscal cliff. But some people will have to pay higher taxes this year (and for many years to come).

Like these people: the talented and hardworking lawyers who, as of January 1, 2013, became partners of their respective law firms. Let’s find out who they are, so we can congratulate them….

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It looks like we survived the Mayan Apocalypse, and though your paycheck may be sad, we didn’t fall off the fiscal cliff. So we’ve decided to throw a party to celebrate the new year with all of our loyal readers.

The Above the Law New Year’s party will be held on Wednesday, January 16. Now no one can complain that our fiesta is interfering with their precious finals schedule or their luxurious holiday travel plans. Come hang out with all of your favorite Above the Law editors, say hello to some of our columnists, and enjoy our open bar!

Due to limited space, you must sign up to be placed on the guest list. We’ll let you know if you make the cut and provide details on location later. Here’s the sign-up form; may the odds be ever in your favor!

Your Name

Your Email

Company

Title/Position

The eight finalists in this year’s law firm holiday card contest were very well-received by our readers. In fact, more than a thousand votes were cast, and many firms took to Twitter and intra-office message boards in an attempt to rally last minute votes.

(FYI: We continue to receive submissions for this contest, despite the fact that the entry deadline was December 17, 2012. Please check back in with us next year; we’ve had enough holiday cheer.)

Some of these cards were clever, some were beautiful, and some were funny. All of them were excellent, deserving of recognition and praise for the thoughtfulness and creativity that went into them.

But in the end, there can only be one winner. Which firm was lucky enough to take home this year’s title?

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It’s the last day of December, so it’s a good time to look back on the year that was. We’ll do what we’ve done for the past three years (wrap-up posts from 2009, 2010, and 2011 can be found here, here, and here) and identify the ten biggest stories of the past year as decided by you, our readers. With the help of Google Analytics, we’ve compiled a list of our top ten posts for 2012, based on traffic (as represented by pageviews).

By the way, for the third year in a row, the most popular category page on Above the Law was Law Schools. People have now been intensely focused on the declining value proposition of going to law school for as long as it takes to earn a Juris Doctor degree. Isn’t it time that we graduate from the current educational model?

The second and third most-popular categories on ATL in 2012 were Biglaw and Bonuses. Although this year brought us the largest law firm failure ever, nearly all other firms indiscriminately doled out offers to summer associates, and bonus season looked better for the first time in years. While the legal profession is still in transition, things are certainly looking up, and through the highs and the lows, we’ve been there to cover it all.

So what were the ten most popular individual posts at Above the Law in 2012? Let’s find out….

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What better way to illustrate the rules of evidence than to explore whether (and why) things that Professor Xavier read in your mind would be admissible in court and whether Spider Man could testify in his mask? What better way to explore the “functional/informative” split in trademark law than to ask whether Captain America’s round shield might be the subject of a trademark, or just the design on its face? What better way to explore corporate law than to explore the sort of legal entity the Fantastic Four and the Justice League of America should look to form in order to minimize liability and streamline their decision-making process?

– SciFi author Cory Doctorow, commenting on the interesting legal issues presented in The Law of Superheroes (affiliate link), a book penned by lawyers James Daily and Ryan Davidson, who write the Law and the Multiverse blog, which is up for ABA Blawg 100 honors in the “For Fun” category.

The field of contenders in our fourth annual law firm holiday card contest was quite impressive. We received numerous nominations, and we thank everyone who participated. It took many hours to review the plethora of submissions.

Like last year, apparently reading comprehension isn’t a skill that many lawyers possess, as a few of you declined to follow rule #3 of our contest, limiting the entries to “cards that are unusually clever, funny, or cool…. cards with some attitude, with that extra je ne sais quoi.” But because it’s the holiday season, we won’t rag on you too much. Even if you can’t follow simple instructions, you’re still great.

But some of you were greater than others. Let’s look at this year’s finalists….

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In 1853, in Chicago, Frederick Hampden Winston founded the law firm that would eventually become Winston & Strawn. Today Winston is a global giant, with approximately 1,000 lawyers practicing in 15 offices around the world.

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 that Henry 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….

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As law firm associates and partners rejoice over their bonuses and profits, we urge you to keep in mind the importance of giving back this holiday season. The law firm of Skadden Arps certainly does, through its support of the Skadden Fellowships. It’s fitting that word of the new Skadden Fellows always comes out around this time of year.

In case you’re not familiar with it, the Skadden Fellowship program has been described as “a legal Peace Corps.” It was established in 1988, in honor of Skadden’s 40th anniversary as a law firm, and it supports graduating law students committed to public interest work as they embark upon specific projects at sponsoring organizations.

How many fellowships were awarded this year? Which law schools do the fellows come from?

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It’s the most wonderful time of the year. The season of law firm holiday parties, for starters. And, better yet, bonuses. This year, Santa Cravath stuffed stockings with a goodly amount of cash.

But the parties and paychecks pale in comparison to what’s about to get underway: Above the Law’s fourth annual holiday card contest!

Last year, Haynes and Boone, a frequent finalist in the contest, took home top honors. Will they repeat in 2012, will a prior winner reemerge, or will a totally fresh face grab the Christmas card crown?

Read on — and read carefully, counselors — for the official contest rules….

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David Boies

Today brings news that David Boies, one of the finest trial lawyers of our time, is working for $50 an hour. Who says you can’t afford affordable, high-quality legal representation in this country?

Fortunately, the associates who work for him are taking home quite a bit more. As we alluded to earlier today, Boies Schiller & Flexner just announced — and paid out — some pretty amazing associate bonuses.

Let’s get some numbers and reactions. We also have comments from David Boies himself, who spoke with us this morning about a wide range of subjects — associate bonuses, of course; his firm’s overall performance in 2012, its best year ever; and what the U.S. Supreme Court might do in Hollingsworth v. Perry (aka the Proposition 8 case), which he has been litigating alongside Ted Olson, his opposing counsel from the Bush v. Gore days….

double red triangle arrows Continue reading “Associate Bonus Watch: Big Bucks at Boies Schiller”

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