Back in June, we got a chance to see an absolutely great response to a cease and desist letter. The author of that response letter, Stephen B. Kaplitt, is an Above the Law folk hero for kicking off his response to an unnecessarily threatening C&D with “obviously [this] was sent in jest, and the world can certainly use more legal satire,” before systematically ripping the opposing attorneys a new one.
Now comes another great response to a C&D letter, and this one may even be better because of the firm on the receiving end.
Last week, we toured the $5 million estate of a renowned plaintiffs’ lawyer down in Texas. We mentioned that this legal eagle was fleeing his finely feathered nest in favor of even better abode: a $14 million mansion, smaller in square footage than the old house, but with a much better location.
Now it’s time for us to check out the new digs. This mansion has “only” 12,000 square feet, compared to the former home’s 14,000 square feet, but it has many other things going for it….
Whenever we write about a lawyerly lair in New York City, our readers in Texas scoff. They mock the tiny size and high price. They observe that for the cost of a minuscule Manhattan studio, you could get yourself 3500 square feet — plus a Lexus! — down in Texas. And did you know that there’s no state income tax down there?
Today our Texas tipsters will be happy. We’re visiting the $5 million, 14,000-square-foot mansion of a renowned plaintiffs’ lawyer — with room for many Lexuses, in the 13-car garage….
This column, Lawyerly Lairs, is all about real estate voyeurism. But today’s story emphasizes the voyeurism over the real estate. Let’s hope there are some Rear Window fans among you.
In Cobble Hill, one of Brooklyn’s loveliest and leafiest precincts, the “sexy shower” of one attorney abode has got the neighborhood talking. Lawyers are often focused on minimizing exposure, but neighbors claim that’s not the case for the owners of a beautiful, multimillion-dollar townhouse.
Let’s see what all the fuss is about. It seems that there’s more to this story than meets the eye….
If you were to ask lawyers to name some lucrative practice areas, immigration law would probably not top many lists. While there are some elite firms that do immigration law for corporations or high-net-worth individuals (and charge a pretty penny for their services), many immigration lawyers are more dedicated to helping their clients over their bank accounts.
But some immigration lawyers with their own firms do very, very well for themselves. Take, for example, the one who just sold his Tribeca apartment for a cool $3.6 million — to a pair of poker champs, so presumably they got a fair deal.
The buyers might have paid a reasonable price, considering the fabulosity of the unit. But the seller still earned a seven-figure profit on the transaction….
There hasn’t been much major good news on the associate compensation front over the past few years — since, say, January 2007. But recent weeks have brought pockets of minor good news for limited constituencies. Green shoots, anyone?
325 West 52nd Street: modest on the outside, fabulous on the inside.
These are challenging times for print journalism. The Boston Globe, which the New York Times acquired in 1993 for $1.1 billion, recently sold for $70 million (or perhaps negative $40 million, as Matt Yglesias suggests). Jeff Bezos just bought the Washington Post for $250 million, a fraction of its former worth (and he may have paid four times its true value).
But print journalism was good to many people for many years. In the glory days of magazine writing, publications would pay several dollars a word for features that were thousands of words long. These generous fees might explain how a prominent magazine journalist amassed enough cash to buy a four-bedroom apartment Manhattan, which he recently sold to a law firm associate for just under $2 million.
That’s a sizable chunk of change for a young lawyer. How many sixth-year associates can afford $2 million apartments? Let’s learn more of the facts….
Summer associate class sizes might be shrinking, but for those law students lucky enough to make it into a summer program, life is good. The offers are being given outliberally, and the summer events are just as fun as ever.
Need proof? Just consider the six excellent events that we’ve selected for the finals of this year’s summer associate event contest. Some were cultural extravaganzas, others were athletic outings, but all were fun and fabulous. Thanks to everyone who submitted a nomination.
Vote below for your favorite. Without further ado, here they are:
In our recent offer rate round-up, we suggested that the summer associates of 2013 might be a bit… boring. Based on the dearth of juicy summer associate stories, the outgoing SAs don’t sound very fun.
That doesn’t mean, however, that they didn’t have fun this summer. They probably did — because as we know from prior years, Biglaw firms know how to put on great summer programs (which bear little resemblance to what life as an associate is like; you all know the old joke about summer programs).
This takes us to today’s topic: which law firm put on the best summer associate event of 2013?
Are you challenged by the costs and logistics of maintaining your office, distracting you from the practice of law?
Many small firms are successfully moving part—or even all—of their practice to a virtual setting. This even includes multi-jurisdictional practice spanning several states and practice areas, although solo and small partnerships are still the largest adopters of virtual law.
Can you do the same? The new article Mobile in Practice, Virtual by Design from author Jared Correia, Esq., explores how mobile technology bring real-life benefits to a small law firm. Read this new article—the next in Thomson Reuters’ Independent Thinking series for small firms—to explore how a mobile practice:
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: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months (Robert Kinney and Evan Jowers will be in Hong Kong again March 15 to 23), and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.
Everyone is talking about the importance of Social Media in Corporate America. But it is relatively safe to say that most law firms and lawyers are slightly behind the social curve. Most lawyers, at minimum, use LinkedIn, for networking. Some even use Twitter for pushing out short, pithy content, while many have Blogs, where they write their little hearts out. The adage “it is better to give than to receive” is not always true though in the world of Social. In the Social World – it is best to listen, give back and engage.
Social Media is a communications tool that can deeply educate you about the needs and wants of your clients and prospects when used in conjunction social media monitoring and sharing tools.
Take this quick quiz and see if you know how to use Social to help you engage more with your clients or to better service the ones you have.