Fabulosity

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?

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A $500,000 associate? (Click to enlarge.)

Base salaries for Biglaw associates haven’t budged since January 2007, when Simpson Thacher led the charge to $160k. Year-end bonuses have remained fairly static since 2007 as well, the year of Cravath’s special bonuses. The 2012 bonuses represented an improvement over the 2011 bonuses, but only if you ignored the 2011 phenomenon of spring bonuses. On the whole, associate compensation is treading water.

But for Supreme Court clerks, aka “The Elect,” compensation continues to climb. In 2011, the signing bonus for outgoing SCOTUS clerks started to move from $250K to $280K. In 2012, the increase solidified, with $280K becoming the new going rate (and $285K becoming the above-market rate).

Now, just a year later, some firms are offering SCOTUS clerkship bonuses in excess of $280K or $285K. How much are they paying, and which offices of which firms are leading the market higher? The answer might surprise you….

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A clerk at One First Street (click to enlarge).

Ten years after their time at One First Street, where do Supreme Court clerks wind up? Back in 2004, I tossed out a number of possibilities: high-ranking government posts, lucrative partnerships at leading law firms, and tenured professorships at top law schools.

That seems to be about right. Professor Derek Muller put together this interesting analysis — via Orin Kerr, via Judge Dillard on Twitter — of the SCOTUS clerk class from ten years ago. The clerks for October Term 2003 now occupy some pretty prestigious perches, including posts in the Solicitor General’s Office and the Office of Legal Counsel, professorships at Harvard and Yale, and partnerships at Sullivan & Cromwell and Paul Weiss.

Who will follow in their footsteps? We have some new goodies for devotees of SCOTUS law clerk hiring.

Keep reading for a look at (1) the official list of Supreme Court clerks for October Term 2013, courtesy of the Court itself; (2) our unofficial list of OT 2013 clerks, with law school and prior clerkship information; and (3) an updated list of October Term 2014 hires thus far. Justice Ruth Bader Ginsburg has hired multiple clerks for OT 2014, suggesting that she’s not going anywhere….

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As we previously mentioned, Above the Law will be in Seattle tomorrow night. We’re hosting a reception for our readers featuring cocktails, canapés, and a conversation moderated by managing editor David Lat with in-house lawyers:

  • Christi Muoneke – Deputy General Counsel, DocuSign Inc.
  • Brad Toney – Senior VP and Assistant General Counsel, Classmates Media Corp. and President, Washington Chapter of ACC

This event will be a great opportunity for attendees to hear from thought leaders, meet members of the Above the Law team, and network with peers. There is no cost to attend. Thanks to our friends at Recommind for their generous sponsorship.

The reception will take place on Wednesday, July 17, from 6:30 p.m. to 9 p.m. Registration closes tonight, so if you’d like to attend, please click on the link below to request an invitation. We look forward to seeing you tomorrow.

Click here to RSVP.

What lies behind this door?

On New York’s Upper East Side, just down the street from my high school, sits a magnificent mansion. As my classmates and I walked past on our way to gym class in Central Park, I’d wonder: who lives at 7 East 84th Street?

A titan of finance, like a bulge-bracket banker or a hedge-fund god? The CEO of a Fortune 100 company? A reclusive heir or heiress?

Actually, no. It’s the home of a landlord/tenant lawyer. And not even a landlord-side lawyer, but a champion of tenants’ rights.

The scourge of New York City landlords is a lord himself — with a $30 million castle. Can you believe it?

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Last week, we asked our readers to submit their entries for Above the Law’s “Notorious R.B.G.” contest.

On Tuesday, you voted on the finalists, and now it’s time to announce the winner…

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As we previously mentioned, Above the Law is coming to Seattle. We’ve done events this year in New York, Washington, Houston, San Francisco, and Chicago, and now we’re heading to the Pacific Northwest. (If you’re interested in possibly sponsoring an event, please drop us a line.)

We’re hosting a reception for our readers featuring cocktails, canapés, and a conversation moderated by managing editor David Lat with leading in-house lawyers. This event will be a great opportunity for attendees to hear from thought leaders, meet members of the Above the Law team, and network with peers. There is no cost to attend; thanks to our friends at Recommind for their generous sponsorship.

The reception will take place on Wednesday, July 17, from 6:30 p.m. to 9 p.m. Please click on the link below to request an invitation. We look forward to seeing you next week.

Click here to RSVP.

Earlier: Above the Law Is Coming To Seattle

Last week, we asked our readers to submit their entries for Above the Law’s “Notorious R.B.G.” contest.

Let’s take a look at what they were able to come up with, and then vote on the finalists…

double red triangle arrows Continue reading “ATL’s ‘Notorious R.B.G.’ Contest: The Finalists”

Few places on God’s green earth are more beautiful than Seattle in July. The weather is perfect, with little rain and with temperatures in the 70s, and the days are long.

So it should come as no surprise that we’re taking the Above the Law roadshow to the Emerald City next week. We’re hosting a reception for our readers on the evening of Wednesday, July 17, starting at 6:30 p.m.

This event will be a great opportunity for attendees to hear from legal leaders, meet members of the Above the Law team, and network with peers. Cocktails and canapés will be provided, and there is no cost to attend. Thanks to our friends at Recommind for their generous sponsorship.

Please click on the link below to RSVP. We look forward to seeing you next week.

Click here to RSVP.

Justice Ruth Bader Ginsburg

Last week, an overwhelming percentage of our readers voted for Ruth Bader Ginsburg as their favorite Supreme Court justice. And why shouldn’t they have? RBG is the high court’s second female justice, and she’s been hailed as an advocate for women’s rights since she took the oath in 1993. Not for nothing, but Justice Ginsburg is also a huge hit among pop culture audiences.

We’ll break down her popularity for you: not only is she the wealthiest justice, but she’s also got a bobblehead, a comic book, and a Tumblr blog dedicated to her fierceness and fabulosity.

Why not continue to honor Her Honor with a contest?

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