As we mentioned in Morning Docket, the American Lawyer recently released its Am Law 200 law firm rankings — a list that’s still closely watched, but not quite as prestigious as being a ranked member of the influential Am Law 100. Sorry, but being a part of the “Second Hundred” just doesn’t have the same ring to it.
While the Am Law 100 celebrated a year of “slow growth” in 2012, it looks like the Am Law 200 will be known for its “bets on bulk.” When all of the big boys were busy playing it safe, perhaps out of fear of becoming the next Dewey, firms in the Second Hundred were gobbling up talent like there was no tomorrow.
Of course, as could’ve been expected, this kind of aggressive hiring had some pretty major effects on firms’ financial performance. So how did the Am Law 200 stack up? Let’s find out…
If you want to show off guns to your summer associates, just take them to a firing range.
Our latest summer associate story — involving a gun, too much wine, the managing partner’s boyfriend, and the summer associate who slapped him — is turning into the Biglaw version of Rashomon. We’ve heard so many different versions of the tale, from so many different perspectives.
Was the managing partner’s boyfriend a lowly transit cop or an NYPD detective? Did he brandish his firearm, or did it “come out in a joking manner”? How inappropriately did the summer associate in question act? How drunk was everyone at this wine tasting event?
If you’ve had enough of this tale, you can stop reading here. But if you’re willing to hear one more account of the proceedings, keep reading….
This morning we told you about an incident in which the boyfriend of a managing partner allegedly pulled a gun on a summer associate. The claim was that the summer associate had touched the managing partner’s arm. A managing partner of a major law firm is a pretty important person, but applying a “do not touch” rule to her, as if she were the Queen of England, might be taking things a bit far.
We stated in our post that there had to be another side to this story — and we were right. In the alternative version, the gun in question was not actually pointed at the summer associate. And the summer associate was not exactly a saint — which might be the real reason he got no-offered by the firm.
Let’s find out what he allegedly did, as well as the identity of the law firm in question….
This could be the last thing you see before you get no offered.
Haven’t we all been there? You’re a summer associate at a law firm event. You see the managing partner. You down your drink and work up the courage to introduce yourself to her, determined to make a good impression. You’re trying to get her attention, and maybe you brush up against her arm. And the next thing you know, her boyfriend is pointing a gun in your face.
Oh wait, that never happens to anybody. At least, it’s not supposed to. But according to one source, it did happen to a summer associate at an IPboutique around town.
And, you’re not going to believe this, but the kid apparently did not get an offer from the firm…
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When Chintan Panchal decided to leave a global BigLaw partnership to start his own firm, he could only hope that he would face the high-quality problem of firm building that many had cautioned him about. Focused on the uncertainty surrounding of a new firm launch, he decided to tackle staffing needs, IT challenges, and financial planning requirements after he had built up his legal practice.
Panchal Associates LLP–a corporate/finance and outside general counsel boutique–was quickly off to a great start. Clients and matters were flying in the door, and Chintan soon had a team of lawyers and staff with a variety of operational needs. To continue building an excellent team and provide them with a competitive benefits package, to expand his physical presence to include a European practice and additional partners, and to scale his operations and IT capabilities to support this growing enterprise brought with it demands of time, money, and expertise. Chintan knew he needed help.
“With the assistance of NexFirm, we have upgraded the capabilities of our firm to meet, and in some cases exceed, the standards we were used to at our former BigLaw firms. Operationally, we can now attract and service clients we didn’t have the bandwidth to support in the past, and continue to build our team with the best and brightest legal talent in the industry,” said Chintan Panchal, adding “It has worked out quite well in our case; NexFirm is an essential partner for us.”
The holiday season is upon us, and yet again, you have no idea what to get for the fickle lawyer in your life. We’re here to help. Even if your bonus check hasn’t arrived yet, any one of the gifts we’ve highlighted here could be a worthy substitute until your employer decides to make it rain.
We’ve got an eclectic selection for you to choose from, so settle in by that stack of documents yet to be reviewed and dig in…
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