General Counsel

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  • Morning Docket: 08.12.15

    * Michael Jordan was present during jury selection for his case against defunct supermarket Dominick’s, but potential jurors didn’t seem the least bit fazed. In fact, just a single one of them considered the basketball star their “personal hero or idol.” Ouch. [Chicago Tribune]

    * Maryland Law will be offering a very topical “Law and ______” class this semester, entitled “Freddie Gray’s Baltimore: Past, Present and Moving Forward.” Students enrolled in the course will be asked to create fixes for social problems. This’ll be interesting. [WSJ Law Blog]

    * According to the GC of Fannie Mae, Biglaw’s profit structure is broken, but the solution he proposes to the problem may not sit well with associates who are slaves to the billable hour — but only if they care about their hourly rates. [Big Law Business / Bloomberg BNA]

    * Unlike most of his colleagues, Larry Sonsini of Wilson Sonsini didn’t immediately join a brand name Biglaw firm after he graduated from law school. Instead, he created his own brand name Biglaw firm, so that worked out well. Your own mileage may vary. [Forbes]

    * It seems that New York City’s Responsible Banking Act is unconstitutional because it conflicts with existing state and federal banking laws. To be fair, between dueling mayoral policies, this law was completely FUBARed from the get go. [DealBook / New York Times]

  • Morning Docket

    Morning Docket: 08.11.15

    * “[H]e’s just a litigious person. Unless he has something going on in the public eye, he can’t exist.” Former Clippers owner Donald Sterling filed a suit against V. Stiviano and TMZ, accusing them of invading his privacy by sharing a recording of his racism. [New York Post]

    * A jury found that an ex-municipal court judge who was convicted of insurance fraud was lying when he claimed that he’d been attacked outside the courthouse by thugs wielding a toilet tank lid. We guess you could say that the jurors were able to flush out all of this guy’s crap. [ABA Journal]

    * Talk about a Hail Mary suit: Ted Wells of Paul Weiss and NFL locker-room bullying report fame is being sued for defamation by the former Miami Dolphins offensive-line coach who happened to be one of the casualties of his investigation. [Washington Post]

    * Deutsche Bank’s general counsel will step down from his position at the end of the year. Deutsche Bank joins JPMorgan and Bank of America as the third big bank to have announced a change in GC within the past month. [Big Law Business / Bloomberg BNA]

    * If you’re considering applying to law school, here are five steps you can take to write a “great” personal statement. Surprisingly, one step isn’t mentioning your guaranteed employment at a family firm after graduation. [Law Admissions Lowdown / U.S. News]

  • Morning Docket

    Morning Docket: 07.22.15

    * “Mamas, don’t let your babies grow up to be cowboys potheads.” Country singer-songwriter and OG stoner Willie Nelson says marijuana will be legal in all 50 states within the next decade. Who knows, maybe his cannabis-crazed dreams will come true. [San Antonio Express-News]

    * Where do lonely hearts go? To court. This ex-Illinois Law student was accused of stalking a classmate and barred setting foot on campus for a two-year time period. A new trial was ordered, and now he may be able to graduate. Yay? [National Law Journal]

    * Law firms of all sizes are merging at a record pace, but that doesn’t mean that it’s going to continue like this ad infinitum. Eventually, all of the fun is going to stop, and it’ll likely because there isn’t any more profitability to be had for these firms. Womp. [Am Law Daily]

    * Corporate legal departments are pushing for more diversity among their ranks, with companies like Xerox leading the way. NAPABA is hopeful that we’ll see 20 Asian-American lawyers as general counsel of Fortune 500 companies by 2020. [WSJ Law Blog]

    * For a man who wanted to “get rich or die tryin,” things don’t seem to be working out so well: Bankrupt rapper 50 Cent was busy denying ownership of many of his luxury items in court this week. He says he rents, borrows, and leases most of his bling. [Associated Press]

  • Morning Docket

    Morning Docket: 07.16.15

    * No pudding pops for you, POTUS! When President Obama answered a question about the possibility of revoking Bill Cosby’s Medal of Freedom, he more or less insinuated that the comedian was a rapist, saying this country should “have no tolerance” for it. [New York Times]

    * “He was acting like a clown.” Even if you reportedly act like a complete and total drunk idiot while hitting on a partner’s wife at your would-be law firm’s holiday party, it’s still possible that you’ll get a job if your dad has political ties and allegedly makes certain promises to the firm. [Journal News]

    * Everyone’s eager to make the jump to an in-house job after years in Biglaw, but many forget the comp scheme is different from what they’re used to. Some in-house earners, however, blow away the competition. We’ll have more on this later. [Corporate Counsel]

    * One of the most important lessons that can be learned from the D&L debacle is that “[g]igantic law firms have a major Achilles’ heel.” When attorneys flee in droves, it can really upset the balance, and boy, Dewey know what a pain that can be. [WSJ Law Blog]

    * If you think all New York City firms will only hire from elite law schools that make up the U.S. News T14, then think again. This prominent real estate boutique seeks to “hire the best candidates based purely on merit, not aristocracy.” Refreshing. [Huffington Post]

  • Morning Docket

    Morning Docket: 06.05.15

    * Per Dean David Herring, applications have tanked at New Mexico Law (ATL #18) — we’re talking a 30% drop over the past five years. Wait, no, nevermind, the school’s assistant admissions dean says things are great. Oops? [Albuquerque Journal; Albuquerque Business First]

    * Gov. Chris Christie thought he was through with the Bridgegate scandal, but oh, how wrong he was. His former deputy chief of staff’s lawyers want to subpoena Gibson Dunn’s work product, but the firm claims it doesn’t exist. [Talking Points Memo]

    * ¡Ay dios mío! This week, a New York appellate court ruled that Cesar Vargas, an undocumented immigrant, should be eligible to practice law in the state, completely sidestepping federal law and a Justice Department brief to the contrary. [WSJ Law Blog]

    * Concordia Law is getting a second chance at obtaining provisional accreditation from the ABA. This would’ve been way more helpful before the majority of its third-year students transferred to an accredited school so they could take the bar exam. [Idaho Statesman]

    * The ex-GC of Zara has filed a discrimination suit against the fashion retailer, claiming that he was fired because he’s Jewish, American, and gay. Apparently senior executives used slurs as ugly as the company’s clothes. [Big Law Business / Bloomberg BNA]