For some women, designer shoes are like works of fine art. With soles that can warm any fashionista’s soul, designer shoes are things to be cherished, nay, worshipped. And if you’re wise, you already know better than to mess with a woman’s shoe collection — especially a woman whose million-dollar shoe fetish inspired her to brand her groin area with a red-soled Louboutin tattoo. But unfortunately, some men still haven’t gotten the memo.
In a hand that professional poker player Beth Shak probably wishes she hadn’t been dealt, her ex-husband has decided to go all in with claims made in a new lawsuit against her. Hedge fund manager Daniel Shak, of SHK Asset Management, isn’t hedging his bets when it comes to allegations that his ex-wife hid a costly collection of designer assets in a “secret room,” thereby shielding her from forking over the big bucks in their divorce settlement.
What does this pretty poker player’s ex-husband seek, and just how many pairs of shoes does Beth Shak own?
* The first day of jury deliberations in the Rajat Gupta insider-trading case ended without a verdict. Benula Bensam’s boredom is epic — the poor girl can’t even blog about the trial anymore. [Bloomberg]
* Baker & McKenzie is celebrating its 50th year in Toronto, Canada by handing out spring bonuses luring in lateral hires. Welcome aboard to Kent Beattie, formerly of Slavies Davies. [Globe and Mail]
* You can run, you can hide, but you can’t escape Sandusky’s love. Alleged Victim No. 9 testified that he screamed for help in vain while staying in the former coach’s allegedly “soundproof” basement. [CNN]
* It’s hard out here for a shoeshiner: Cooley Law grads suing their alma mater over allegedly misleading employment statistics may face an “uphill battle” when it comes to fraud allegations. [WSJ Law Blog]
* The CEO of Caesars Entertainment has proclaimed that he has “tremendous confidence” that online poker will become legal in the near future. So much for keeping your poker face on that one, eh? [MSN Money]
* Imagine my surprise when I found out that a yet another man in Springfield, MA, was arrested for assault and battery with a dangerous weapon. Here’s the surprise… the dangerous weapon was wasabi sauce. [TIME]
* While “Dewey remains a great firm with terrific lawyers” for the time being, check back in after five percent of the firm’s attorneys have been laid off. Then tell us how great and terrific things are, we dare you. [DealBook / New York Times]
* The University of St. Thomas School of Law really “take[s] data accuracy very seriously.” That’s why the employed at graduation rate the school reported to U.S. News was off by 47.7 percentage points, right? [National Law Journal]
* John Edwards has a judge’s permission to use Rielle Hunter’s lawyers at his campaign finance trial. Mmm, there’s nothing like getting some legal sloppy seconds from your former mistress. [Bloomberg]
* After two days of deliberations, jurors in the Dharun Ravi privacy trial still haven’t reached a verdict. Just think, if he had taken the plea, he wouldn’t be worrying as much about deportation right now. [New York Post]
* If Hemy Neuman’s delusions about Olivia Newton-John were about getting physical, instead of getting murderous, maybe he wouldn’t have been sentenced to life in prison without the possibility of parole. [CNN]
* It’s the most wonderful time of the year: March Madness! Are NCAA bracket pools legal in your office? It depends. Either way, all I know is that I’ll be betting on Lehigh. Go Mountain Hawks! [Businessweek]
* Former Quarles & Brady partner Jeffrey Elverman has been sentenced to five years of probation for swindling money from a little old lady. Does that count toward PPP? [Journal Sentinel]
* K&L Gates is suing a casino in Macau to recover client funds that were allegedly gambled away by former partner Navin Kumar Aggarwal. Silly Biglaw firm. Don’t you know the house always wins? [Am Law Daily]
* “I am not a lawyer. I’m a server. Lawyers do lawyer things. Lawyers work at law firms. Lawyers do public policy work… Lawyers don’t serve pizza.” Ah, the plight of the New York Law School graduate. [CBS News]
* Cooley Law: you can check out any time you like, but you can never leave. A former student’s suit over the school’s alleged attempt to keep him from transferring was dismissed this week. [National Law Journal]
I have to do something I hate doing. I have to give Gloria Allred some publicity. Sure, I have to mention her only in order to say that I think she’s wrong and using the plight of women to further her own fame. But I still have to mention her, which is what she wants. It’s a great system she’s set up for herself: she wins even when people talk about how ridiculous she is.
But I can’t ignore Allred here because now she is messing with something near and dear to my heart: scantily clad cocktail waitresses in Atlantic City. That’s right, I live on the East Coast. That means I can’t easily get to Las Vegas or New Orleans. That means occasionally I have to go get my gambling fix in A.C. If you’ve never been to Atlantic City, imagine Vegas after the apocalypse: everything is broken and rundown and more desperate-looking. It’s pathetic. And you feel pathetic while you are there (until you start hitting some points and the table gets hot and you find yourself nailing a hard ten and it feels like the whole casino gives you a high five).
One casino was doing something about that depressing ambiance. It was getting rid of all of its old cocktail waitresses. Believe me when I tell you that this is an important move. Imagine sitting in A.C. down a grand at 4 a.m. and starting to think to yourself if there is any Swingers potential and then your watered-down drink comes back only it’s brought to you by a woman old enough to be your grandmother. And so instead of trying to figure out how to have sex with the waitress, you’re sitting there kind of thinking of how your mother would disapprove if she saw you in that moment. It’s enough to make you want to kill yourself.
It’s certainly enough to make you want to stop gambling. And now along comes Gloria Allred, trying to tell people that 50-year-old cocktail waitresses at casinos are still sexy, and can’t be fired….
Elie was arrested on Friday in Las Vegas, married a former Playboy Playmate on Saturday, and is scheduled to appear in a federal court in Manhattan on Tuesday.
– an Am Law Daily report on Chad Elie, one of the people caught up in the federal government crackdown on my massive Full Tilt bankroll they have no right to seize the online poker industry. (Gavel bang: commenters, who noticed the line in a story linked in Morning Docket.)
Long before Rounders and internet gambling and ESPN’s World Series of Poker coverage came along to ruin it all, poker was the game where if you could play (and had a sufficient bankroll) you could sit at a table with important people and make them know your name. You know, back in the day before poker became all about velvet ropes and posturing.
Luckily, despite the poker explosion, so few people play it well that snagging an invite to a quality Thursday night game is still a huge deal. In your career, you’re only going to have a few opportunities where a partner or client invites you over to his home — you cannot blow them. Being able to play a quality game of poker is a useful skill to have in your set. You need to know when to hold them, know when to fold them, and know when to walk away when your partner or client gives you that “fold boy, this is my table and you’re not allowed to win money here” look.
The evolution of relationships between the genders continues. Currently, in law firms, there is an interesting conundrum; balancing the desire for a gender-blind workplace where “the best lawyer gets the work and advances” and the reality of navigating the complicated maze created by the fact that, in general, men and women do possess differences in their work styles. These variations impact who they work with, how they work, how they build professional connections and how organizations ultimately leverage, reward and recognize the talents of all.
Henry Ford sat on his workbench and sighed. A year earlier, he had personally built 13,000 Model Ts with his own hands. Fashioning lugnuts and tie rods by hand, Ford was loath to ask for help. Sure, there were things about the car that he didn’t quite understand. This explains the lack of reliable navigation systems in the Model T. But Ford persevered because he knew that unless he did everything, he could not reliably call these cars his own.
“Unless my own personal toil is responsible for it, it may as well be called a Hyundai,” Ford remarked at the time.
The preceding may sound unfamiliar because it is categorically untrue. And also monumentally stupid. Henry Ford didn’t build all those cars by hand. He had help and plenty of it. Almost exactly one hundred years ago, Henry Ford opened up the most technologically advanced assembly line the world had ever seen. Built on the premise that work can be chopped up into digestible pieces and completed by many men better than one, the line ushered in an age of unparalleled productivity.
Today, an attorney refers business because he can’t do everything the client asks of him.
There are three reasons why this is way dumber than a made-up Henry Ford story…
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, 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.