Fried Frank
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Football, Law Professors, Law Reviews, Law Schools, Non-Sequiturs, Student Loans, Trademarks
Non-Sequiturs: 09.10.14
* Because it’s been such a long time since the NFL has had a scandal, Cowboys owner Jerry Jones is accused of sexual assault in a new suit. The Cowboys claim the suit is nothing but a money grab. No one knows a money grab like a franchise owner milking a new stadium partially financed by taxpayers. [USAToday] * Dean Frank Wu explains why Hastings will survive the end of law schools. [SF Weekly] * A pair of IP litigators, James W. Dabney and Stephen S. Rabinowitz, have jumped from Fried Frank to Hughes Hubbard. Will others be following Dabney & Rabinowitz out of Fried Frank? [Hughes Hubbard] * “Lawyer’s ‘Torture Porn’ Past Pops Up in Pa. Governor’s Race.” OK, let’s see what you’ve got here. [Greedy Associates / FindLaw] * An interesting breakdown of the legal scholars with the widest network of co-authors. Think of these as the most promiscuous scholars around. Actually, no. Don’t think that. [Ryan Whalen] * Etsy sides with the USPTO and bans sales of anything branded “Redskins” on its platform. I’m not sure how smart this is since the economic teeth of the USPTO decision was to allow sites like Etsy to sell massive quantities of otherwise trademark-infringing stuff until Washington relented and opted for a new trademark-protectable name. [Etsy] * Don’t throw peanut butter in my neighborhood (though I don’t understand the blotter… there’s no Bodega at that location). [Legal Juice] * Lest you think law school is reasonably priced: “New IBR and PSLF provide benefits large enough that high earnings still result in nearly $100,000 in loan forgiveness for typical levels of debt for law school graduates. A lawyer earning at the 50th percentile with that debt level stands to have $147,282 forgiven, which is more than he borrowed…” [New America Education Policy Program] * Keeping in touch with your inner child to relate to witnesses as humans. [Katz Justice] * Closing out this football-heavy NS, friend of the blog Mitchell Epner discusses why Roger Goodell won’t (and shouldn’t) survive the fallout of the Ray Rice scandal. Check out the video after the jump… [CNBC] -
Attorney Misconduct, Biglaw, Fast Food, Food, Law Firm Mergers, Law Schools, Legal Ethics, Morning Docket, Partner Profits, Rankings, U.S. News
Morning Docket: 03.14.14
* Valerie Ford Jacob, leader of Fried Frank since 2003, is stepping down from her post prior to her official 2015 departure date. At least she’s leaving on a high note, with the firm’s highest profits per partner ever. Yay. [WSJ Law Blog (sub. req.)]
* Ralph Lerner, the ex-Sidley Austin partner who billed extra car charges to his clients, claims he went into work on weekends to do work for free to make up for it. Aww, how nice of him. [Am Law Daily]
* When we first covered this in January, it was just a rumor, but now it’s officially set in stone. The deed is done: Buchanan Ingersoll is picking up Tampa firm Fowler White Boggs. [Pittsburgh Business Times]
* Many New York law schools moved in the recent U.S. News rankings, but not necessarily in the right direction. Four out of 15 schools moved up; the rest stayed the same or slipped. [New York Law Journal]
* Would you like damages with that? McDonald’s corporate and its franchisees are facing lawsuits filed by employees over their allegedly “stolen wages.” Class actions have been filed in three states. [Bloomberg]
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Biglaw, Bonuses, Books, Partner Profits
2013 Biglaw Bonuses: An ATL Infographic
2013 Biglaw Bonuses: An ATL Infographic comparing first-year bonuses and law firm profits per partner.
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Biglaw, Bonuses, Money
Associate Bonus Watch: Bonuses Are Served At Clifford Chance And Fried Frank
Every time an associate says, “I don’t believe in higher bonuses,” there’s a would-be Boies-level bonus someplace that falls down dead. -
Arnold & Porter, Bankruptcy, Biglaw, Billable Hours, Career Files, Intellectual Property, Labor / Employment, Law Students, Litigators, Rankings, Reader Polls
The Best Of Hours, The Worst Of Hours: ATL Survey Ratings
According to the ATL Insider Survey, which practice areas and law firms offer the best (and the worst) hours? -
Biglaw, Layoffs, Secretaries / Administrative Assistants, Severance, Staff Layoffs
Nationwide Layoff Watch: Law Firm Spreads Holiday Jeers, Trims Ranks Like Turkey
Yet another large law firm is conducting significant cuts. Which one is it this time? -
2nd Circuit, Biglaw, D.C. Circuit, Insider Trading, Judicial Nominations, Media and Journalism, Morning Docket, Securities and Exchange Commission, Securities Law, Senate Judiciary Committee
Morning Docket: 07.25.13
* It’s just business as usual: Amid accusations of liberal court-packing, D.C. Circuit nominee Nina Pillard faced questions on abortion and religion during her testimony before the Senate Judiciary Committee. [USA Today]
* Biglaw isn’t as dead as we’ve been told and made to believe. Some of the largest firms are actually doing quite well, says American Lawyer’s editor-in-chief, who’d like her job to retain some meaning for now. [Am Law Daily]
* Fried Frank knew that it’d take a banker to pull the firm from its monetary funk, so it picked up David Greenwald, deputy general counsel of Goldman Sachs, to act as co-chair through 2015. [New York Law Journal]
* With the change in SEC policy, from allowing companies to use neither-admit-nor-deny language, to forcing them to admit guilt in “egregious” cases, lawyers may soon be very busy. [Corporate Counsel]
* Raj Rajaratnam is a firm believer in the “three strikes and you’re out” theory of law. A month after the Second Circuit affirmed his insider trading conviction, he’s asking for a rehearing en banc. [Bloomberg]
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4th Circuit, Antonin Scalia, Biglaw, California, Constitutional Law, Crime, Gay Marriage, Health Care / Medicine, Law School Deans, Law Schools, Morning Docket, Murder, Music, Ruth Bader Ginsburg, SCOTUS, State Attorneys General, Supreme Court, Trials
Morning Docket: 07.12.13
* You’ve seen Justice Ruth Bader Ginsburg give Justice Antonin Scalia the finger in prose, but now you can hear what it would sound like in operatic form as composed by a recent law school graduate. [NPR]
* The Fourth Circuit upheld Obamacare’s employer mandate against Liberty University, calling it a constitutional tax, just like the individual mandate. Now’s a perfect time for a sip of Campari. [WSJ Law Blog]
* The Fried Frank toner bandit was sent to the slammer, but alas, it’s unlikely that the firm will be able to recover any of its losses. Too bad, it could use the cash after its 2012 performance. [Am Law Daily]
* Crisis? What crisis? The dean of UC Davis Law refuses to trim class size, but that doesn’t really matter — the application cycle is handling the situation quite nicely. [Sacramento Business Journal]
* Pennsylvania’s Attorney General Kathleen Kane won’t defend the state against a lawsuit seeking to overturn its ban on same-sex marriage. She’s choosing the people over politics. [New York Times]
* With his trial quickly drawing to a close, George Zimmerman is growing increasingly worried about his future. Let’s face it, even if he’s acquitted, living in hiding isn’t a very good look for him. [ABC News]
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Biglaw, Federal Government, Lateral Moves, Musical Chairs, Partner Issues
Musical Chairs: Notable New Names at Davis Polk, Paul Hastings, and Orrick
Davis Polk lands a big-name lateral with major government experience, while Paul Hastings and Orrick raid rivals for talent. -
Biglaw, Bloomberg, Career Alternatives, Holidays and Seasons, Videos, YouTube
Career Alternatives for Attorneys: Greeting Card Maker
Looking for greeting cards that are a little out of the ordinary? A Biglaw associate turned entrepreneur is here to help. -
Biglaw, Bracewell & Giuliani, Chadbourne & Parke, Cozen O'Connor, Fabulosity, Faegre & Benson, Money, Partner Issues, Partner Profits, Rankings
The 2013 Am Law 100: A Year of 'Slow Growth'
Which firms had the biggest revenue and the highest profits per partner last year, according to the latest Am Law 100 rankings? -
Akin Gump, Antonin Scalia, Biglaw, Clarence Thomas, Insider Trading, Morning Docket, SCOTUS, Student Loans, Supreme Court, Tax Law
Morning Docket: 04.17.13
* “Yes, it is true.” Justice Scalia admitted in a speech this week that he was guided to the right by his colleague, Justice Thomas, who’s apparently “a very stubborn man.” [Wall Street Journal (sub. req.)]
* It’s about time to say so long to your ticking tax time bomb: in President Obama’s proposed budget for 2014, he eliminates taxes on forgiven loan debt under all IBR plans. [Bucks / New York Times]
* “I am the luckiest man in the world.” Larry Macon, an Akin Gump partner from Texas, had nearly finished the Boston Marathon when the bombs exploded, but lived to tell his tale. [Am Law Daily]
* Because sometimes you need to steal $374K worth of copy toner. This ex-Fried Frank staffer pleaded guilty to grand larceny, and is looking at up to 15 years in jail. [Thomson Reuters News & Insight]
* Judge Victor Marrero isn’t a fan of SEC policy, but when it comes to this civil insider trading case, SAC Capital may get to walk away without admitting or denying anything. [DealBook / New York Times]
* This Yale Law graduate is suing Brooks Brothers over a three-button suit, and wants $2K for the 90 minutes he spent arguing over it in the store. Who is the $1320/hour man? [New York Daily News]
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Biglaw, Contests, March Madness, Partner Issues, Partner Profits, Reader Polls
ATL March Madness: The Law Firm With the Brightest Future
It's that time of year again. Vote for the law firm with the brightest future!
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Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
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Biglaw, Elena Kagan, Gay, Gay Marriage, Law Professors, Law Schools, Mergers and Acquisitions, Midsize Firms / Regional Firms, Morning Docket, Ruth Bader Ginsburg, SCOTUS, Securities and Exchange Commission, Supreme Court
Morning Docket: 03.20.13
* OMG! Get ready to have a lawgasm, because the Supreme Court is going to be releasing same-day audio recordings from oral arguments during next week’s gay marriage cases: Proposition 8 and the Defense of Marriage Act. [National Law Journal]
* “Way to go, Justice.” Justices Ruth Bader Ginsburg and Elena Kagan work out with a personal trainer who’s got a client list that would make Article III Groupie swoon — and he just so happens to be a records manager at D.C.’s federal court. [Washington Post]
* Debevoise & Plimpton’s littlest litigatrix, Mary Jo White, sailed her way through the Senate Banking Committee with a vote of 21-to-1. Her nomination to lead the SEC will now head to the full Senate. [DealBook / New York Times]
* “Our 2012 numbers aren’t as good as we would have liked.” Gee, ya think? From attorney headcount to gross revenue to profits per partner, just about everything was down in 2012 for Fried Frank. [Am Law Daily]
* Eckert Seamans will be merging with Sterns & Weinroth, adding 17 partners and seven associates to its ranks. Someone please come up with the semen joke so I don’t have to. [Philadelphia Business Journal]
* As if Inside the Law School Scam weren’t candid enough, Professor Paul Campos sat down for an interview to discuss how to make an informed decision when considering law school. [U.S. News & World Report]
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3rd Circuit, Andrew Cuomo, Basketball, Biglaw, Celebrities, Copyright, Crime, Guns / Firearms, Law Professors, Law Schools, Morning Docket, Rap, Sports, State Judges
Morning Docket: 01.16.13
* “It’s very hard to copyright a story about an individual growing up in the ghetto and getting involved in crime.” Go Third Circuit, it’s your birthday, we gon’ affirm that like it’s your birthday. [New Jersey Law Journal (reg. req.)]
* I believe you have my stapler? A former Fried Frank staffer has been accused of stealing more than $376K worth of copy machine ink from the firm and selling it on the black market for office supplies. [Am Law Daily]
* Governor Andrew Cuomo nominated Jenny Rivera, a CUNY School of Law professor, to fill a vacant New York Court of Appeals seat. If confirmed, she’ll be the second Hispanic to sit on the court. [New York Law Journal]
* This’ll please the gun nuts: Governor Cuomo’s gun-control bill was passed by the legislature and signed into law, officially making New York the state with the toughest gun restrictions in the nation. [New York Times]
* And this right here is the lawsuit equivalent of half-court heave. A lawyer is suing the San Antonio Spurs because the team’s coach sent all of its best players home to rest without the fans’ prior knowledge. [ESPN]
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Barack Obama, Biglaw, Deaths, Disasters / Emergencies, Election 2012, Election Law, Eric Holder, Gay Marriage, In-House Counsel, Law Schools, Marijuana, Morning Docket, State Judges
Morning Docket: 11.07.12
* “We know in our hearts that for the United States of America, the best is yet to come.” Barack Obama was re-elected as president. Bring on the hope and change! No, seriously. [New York Times]
* In news that shouldn’t come as a surprise, regardless of who won the presidential race, there are still post-election voting issues that will likely be resolved in the courts. [Blog of Legal Times]
* But what we really want to know is who will be our country’s next attorney general. Because if anyone can fill Eric Holder’s shoes, it’s Preet Bharara, the U.S. attorney for the S.D.N.Y. [WSJ Law Blog]
* In other important news, several states approved gay marriage ballot initiatives, and others legalized marijuana. But hopefully you don’t have a case of the munchies yet, because federal law still says it’s illegal. [CNN]
* They helped American citizens “ba-rock” the vote: hundreds of law students from around the country rallied around the craziness of Election Day to volunteer their assistance to worthy causes. [National Law Journal]
* Biglaw firms in NYC are still reeling after Hurricane Sandy. While WilmerHale set up temporary offices last week, both SullCrom and Fried Frank could be out of commission for weeks. [Reuters; New York Times]
* At this point, in-house counsel are kind of like the McKayla Maroneys of the legal profession, because they are seriously unimpressed with outside counsel’s efforts to improve services and fees. [Corporate Counsel]
* Judge Theodore Jones, associate judge of the New York Court of Appeals, RIP. [New York Law Journal]
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Biglaw, Lateral Moves, Media and Journalism, Mergers and Acquisitions, Musical Chairs, Partner Issues, Wall Street
Musical Chairs: A Prominent Deal Lawyer's Unusual Move
A prominent M&A lawyer leaves his law firm not for an investment bank -- he's already done that before -- but for something very different. Where's he going? -
Boutique Law Firms, Cardozo Law School, Lateral Moves, Litigators, Melvyn Weiss, Milberg Weiss, Musical Chairs, Partner Issues, Plaintiffs Firms, Small Law Firms
A Portrait of a Plaintiffs' Firm: Seeger Weiss
What is it like to work at a successful and growing plaintiffs' firm? We take a detour from Biglaw to check out Seeger Weiss.... -
Associate Bonus Watch 2011, Biglaw, Bonuses, Crime, Insider Trading, Money, White-Collar Crime
Associate Bonus Watch: Fried Frank Announces Bonuses 'Up to $52,500'
Here’s a Fried Frank bonus for you: Matthew Kluger, the former Fried Frank associate who sued the firm for alleged discrimination, is going to prison. As you may recall, Kluger — who also worked as an associate at other top law firms, including Cravath, Skadden, and Wilson Sonsini — was charged in a massive insider […] -
Advertising, Akin Gump, Biglaw, Career Center, Chadbourne & Parke, Partner Issues, Reader Polls, Shameless Plugs, This Is an Ad
Career Center Survey Results: Top Partners to Work For – Washington, D.C. (Part 1)
Today we head into the nation’s capital to bring you six of the best partners to work for as chosen by our readers. These partners go above and beyond the call of duty, and do so while working at some of the finest law firms: Akin Gump, SNR Denton, Hogan Lovells, Sutherland Asbill & Brennan, […]