Fulbright & Jaworski

Back in December, we told you about a football coach who had recently been fired from his position as a cornerbacks coach for West Virginia University. Back in 2010, we told you about this same football coach, because he’d recently been picked up to work for the Detroit Lions. There’s a reason we keep telling you about this football coach: it’s because he gave up what could have been a prosperous Biglaw career after graduating from Harvard Law School to work for free to pursue his dreams on the field.

Are you ready for some football?

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Here at Above the Law, we’ve been writing about the “Biglaw boys’ club” for quite some time. According to the latest report compiled by the National Association of Women Lawyers, when it comes to firm life in the fast lane, women continue to have difficulty ascending to the ranks of firm leadership. In fact, that study concluded that in the Am Law 200, women hold only 20 percent of the positions on firm governance committees. What’s worse is that only four percent of Am Law 200 firms have a firmwide managing partner who’s a woman. So much for girl power.

But when it comes to Am Law 100 firms, the American Lawyer recently conducted a similar study, and the results were less than awe-inspiring — in their discussion of the results, the editorial staff go so far as to refer to it as “the law of small numbers.” Lovely. Apparently the glass ceiling is still strong in Biglaw.

So what does the leadership hierarchy look like for women in the Am Law 100? Let’s find out….

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Law firm mergers seem to be popping up as frequently as, well, problematic emails between married generals and their gal pals. Just a week after SNR Denton’s three-way merger with international firm Salans and Canadian firm Fraser Milner Casgrain, we’re learning of another law firm combination with Canadian and European elements.

This morning brings word of a merger between the global law firm of Norton Rose and the international but U.S.-based law firm of Fulbright & Jaworski. As you may recall, Fulbright has been the subject of merger buzz before — including rumors that featured Norton Rose as suitor.

How big will the new firm be, and what name will it operate under?

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The law firm of Fulbright & Jaworski is a leader in many fields — at least 31 of them, according to the latest Chambers rankings. In addition to recognizing Fulbright as a leading firm in 31 categories, the influential Chambers guide also named 99 Fulbright lawyers as leading individuals in their practice areas.

Fulbright excels in other areas well — for example, social media. It is one of the few major law firms that knows how to use Twitter.

Alas, these days the firm is also a leader in a less appealing arena: staff layoffs. Last October, the firm laid off at least a dozen employees.

And now it seems that more reductions might be on the way. Could Fulbright be trying to slim itself down in advance of a merger with another firm?

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(And could a merger be in the works?)

Yes, Biglaw firms do use Twitter. And apparently some of them use it quite well!

But who is the Biglaw King of 140 characters? We came across an interesting infographic today that pits two of the hottest hitters in the law firm world against each other.

Which firms are they and how do they line up?

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The Texas Law School is that way.

Everything is softer in Texas?

Occasionally we have an opportunity to look at how soft law school has become. Gone are the trials by fire immortalized in the book One L. Now it seems that law schools are taking their teaching cues from Harry Potter and Professor Dumbledore.

At the University of Texas School of Law, they’ve divided their classes into “societies” that compete against each other in games, wear special uniforms, have dedicated house mentors, and employ special Care Bears who hug people when they get back from the library. Okay, one of those things isn’t true.

Of course, the Texas millennials love it…

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The last we heard from Fulbright & Jaworski and Pillsbury Winthrop, the former was busy conducting staff layoffs, and the latter was exploring on-shore outsourcing options. Today, we have bigger and more exciting news: the two Biglaw firms may be headed to the altar.

What would a combined firm look like? Fulbright has approximately 900 lawyers, while Pillsbury has a little under 700 lawyers. If the rumors are true, then we could be looking at a gigantic, global mega-firm — a veritable army of lawyers marching at roughly 1,600 strong.

But what stage are the firms’ merger discussions in? Is this a sure thing?

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“Oh, What a tangled web we weave, When first we practise to deceive,” said Judge Guy Anthony, quoting Sir Walter Scott’s poem Marmion, as he sentenced British Biglaw attorney Francis Bridgeman to 12 months in prison on Friday. The former Allen & Overy (A&O) and Macfarlanes partner, who had already had his membership of the latter firm’s limited liability partnership terminated, then collapsed in the dock.

Until recently, Bridgeman, 43, was just another hotshot Biglaw equity partner enjoying a millionaire’s life-style. Educated at Oxford University, he joined Magic Circle firm A&O in the early 1990s and rose through the ranks so quickly that he made partner in 2000, aged just 32. Having got married, he bought a big house in the countryside outside London and became a governor at a local school. Three years ago, he capitalised on his success by moving to boutique financial law firm Macfarlanes, where profit per equity partner is still high for U.K. standards (last year it came in at £752,000) but the hours and stress are generally considered less than at the likes of A&O.

Then, on April 6 2010, everything changed for Bridgeman, in the most unexpected and surreal way….

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Over the summer, we wondered: what can law firms do to prepare for a possible double-dip recession?

One obvious answer: firms can “right-size” themselves, by making sure that they are as lean and as mean as they can be. And this seems to be what has been happening over the past few months.

We haven’t seen much in terms of lawyer layoffs lately, but staff layoffs are another story. In fact, on the staff side, we seem to be looking at a trend of firms reducing their permanent staff positions in favor of outsourcing.

Since August, we’ve learned of staff layoffs at O’Melveny & Myers (75 positions) and Paul Hastings (45 positions) — both as a result of domestic outsourcing to outside service providers. In addition, Pillsbury Winthrop announced that it might have to cut staffers who aren’t willing to relocate to its new Professional Services Center in Nashville. This prompted us to ask: Is On-Shore Outsourcing the Biglaw Wave of the Future?

The answer seems to be yes. Today we bring you news of additional staff reductions, at Fulbright & Jaworski and Goodwin Procter, both involving outsourcing….

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Non-Sequiturs: 09.15.11

* Nikki Finke, the Deadline.com diva, disses Debevoise. [Am Law Daily]

* This kind of friendly fun between opposing counsel would surely warm Jay Shepherd’s heart. [The Namby Pamby]

* This opinion describes a murder gory enough to turn the stomach of Bruce Reilly (aka the Tulane 1L Murderer). [You Shall Never Know Security]

* A new national poll on same-sex marriage shows that… Americans aren’t very good at answering poll questions. [Poliglot / Metro Weekly]

* I definitely live it up when in Las Vegas, but even I have a hard time fathoming a $20,000 hotel bill. [Deadspin]

* Law Firm Merger Mania: Fulbright & Jaworski + Norton Rose? [Legal Week via ABA Journal]

* Good luck to S.D.N.Y. nominee Jesse Furman (who’s a talented attorney and a great guy, and who edited my case note once upon a time). [National Law Journal]

* An interesting issue: “In free speech vs. privilege battle, who wins?” [Thomson Reuters News & Insight]

* If we didn’t waste spend this much money on litigation, wouldn’t there be even more unemployed lawyers? [eLocalLawyers]

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