Over the weekend, we passed along some good news about Dewey & LeBoeuf. It appears that the firm has been given a new (even if temporary) lease on life by its lenders. Initial reports suggested that the firm was getting one week or maybe two in order to reach a new debt deal with its banks. It now appears, however, that the firm could be getting a more long-term extension, in the range of 90 to 120 days. The deal still needs to be finalized; keep your fingers crossed.
That’s the good news. Now, back to the bad news: more partner defections from Dewey….
Attorneys for Facebook went on the offensive yesterday, filing a bold motion to dismiss Paul Ceglia’s lawsuit, which claims a 50 percent ownership stake in the company.
Among other things, the motion, which is a product of an extensive forensic investigation, calls Ceglia’s case “a fraud and a lie.”
I am excited to see this motion, and I hope it succeeds. Ceglia and his cockamamie lawsuit have had their day in the sun. It’s time for Mark Z. to move on to bigger and better things, like handling the company’s impending IPO and fixing the stupid Timeline, which is currently only useful for seeing exactly how terrible my friends’ tastes in music are.
Anyway, let’s look at Facebook’s extensive allegations, as well as Ceglia’s unsurprisingly oddball responses….
* It’s time for the Supreme Court to sound off on the battle over women’s wombs, and you know it’s bad when even a sitting justice calls it “a mess.” Can a child conceived after a parent’s death receive survivor benefits? [CNN]
* Disgusting health warning pictures on cigarette packaging and advertising: now constitutional according to the Sixth Circuit. Maybe this will inspire people to quit a habit that’s almost equally as disgusting. [Thomson Reuters News & Insight]
* When Biglaw is involved, so is big money. Say “aloha” to the largest personal injury settlement in Hawaii’s history. The state will pay $15.4M over the hiking death of Gibson Dunn partner Elizabeth Brem. [Am Law Daily]
* A lawsuit filed against fashionista Alexander Wang over his alleged “sweatshop” has been discontinued, and not because there isn’t a case, but because the lawyers on either side have major beef. [New York Magazine]
* The Better Business Bureau has moved to dismiss a Florida law firm’s suit over its “F” grade. Because sometimes the truth hurts, but that doesn’t mean you can sue over it if you don’t like it. [Orlando Sentinel]
* The biggest bimbo from Wisteria Lane gets screwed again, but this time in court. A mistrial has been declared in Nicollette Sheridan’s lawsuit against the producers of “Desperate Housewives.” [Reuters]
The ATL School and Firm Insiders Survey continues to roll along at a nice clip: we expect our 3,000th respondent any minute now. While we’re pleased with this response, of course we encourage all of you who haven’t yet to take 3-5 minutes and head over here to take our absolutely confidential survey. Thanks in advance.
Last week, we shared a few broad trends we’re seeing, and today, we’ll get a little more specific and name some names.
Among other things, the survey asks law students for their perceptions of a select group of firms as potential employers. In our analysis, we’ll look at which firms are considered the most (and least) attractive by law students. We’ll also consider how these perceptions jibe with what lawyers at these firms are telling us….
We have covered the inveterate scam artist’s losing court battle for an ownership stake in Facebook time and time again. We can’t help it, because the stuff still being disclosed continues to be so absurd.
Last time we mentioned the case, the court had ordered Ceglia to pay Facebook’s legal bills to the tune of $75,776. But we ain’t done yet.
Yesterday, Facebook lawyers from Gibson Dunn and Harris Beach filed another motion to compel. This time they are seeking information about Ceglia’s suspiciously named secret email addresses, as well as a possible connection to the Biglaw firm that used to represent Mark Zuckerberg’s other arch nemeses — the Winklevoss twins….
The story of the tangled relationship between Casey Greenfield, a rising star in New York legal circles, and Jeffrey Toobin, arguably the nation’s leading legal journalist, has gone mainstream. Over the long weekend, the New York Times wrote an 1,800-word story on their affair.
Actually, to be fair, the story was mainly about Casey Greenfield and her law partner, Scott Labby, launching their boutique law firm, Greenfield Labby (which has a beautifully designed website, by the way). The firm specializes in what the Times describes as “high-stakes family law,” which includes not just divorce and custody litigation, but “[c]risis management, strategic planning and contract resolution.”
The story of Greenfield and Labby launching a new small law firm is both interesting and inspiring. But, at the same time, it’s one that we’ve seen — and written — before. You can read our earlier write-up of Greenfield Labby’s launch over here.
The most interesting parts of the NYT piece concern Casey Greenfield’s affair with the then-married (and still-married) Jeff Toobin, a long-running relationship that produced a baby boy. The writer, Times reporter Robin Finn, unearthed several juicy, previously unreported details….
A few years ago, Scalia criticized the law school’s political drift to the left. But just before Valentine’s Day, they kissed and made up. On Monday, Scalia gave a speech at U. Chicago, where he used to teach (and served as faculty advisor to the Federalist Society). He also offered some, how shall we say, unexpected career advice for attorneys who are just starting out….
* Florida: a place where people don’t care about your income tax returns. Mitt Romney dominated the state’s primary, grabbing all 50 of the delegates needed for the Republican nomination. [New York Times]
* Entry-level hiring might be down, but lateral hiring is being approached like an NFL draft. Biglaw firms want the best of the best, and if they have to poach partners to get what they want, they will. [Wall Street Journal]
* Paul Ceglia was ordered to pay Facebook’s legal fees, and now he’s crying over Gibson Dunn’s Biglaw price tag. Instead, he wants to pay podunk fees for his podunk town. [Bloomberg]
* Some cities in New Jersey don’t like pollution — they want to keep the trash down the shore. Hoboken’s mayor has denied MTV’s film permit request for Snooki and J-WOWW’s spinoff show. [New York Post]
“I thought Freshfields [Bruckhaus Deringer] was a supermarket when I got here,” says Kirsty Grant, a fourth-year associate in the London office of Gibson Dunn & Crutcher. Happily, Grant — a fast-learner who got through law school in L.A. while working full-time during the day — quickly figured out that the Anglo-German law firm, a member of the Magic Circle, wasn’t the place to fulfill her grocery needs.
The cultural assimilation enjoyed by the UCLA and Loyola graduate since she arrived in London last March hasn’t stopped there. “At first I couldn’t believe the drinking culture here,” she recalls. “The first Friday after work that I went to the pub, I thought, ‘I haven’t had any food; I can’t do this.’ And then the London lawyers went on until 5 a.m. I just don’t have the liver for it, but it shocks me less now.”
Not that Grant, 33, has oceans of spare cash to splash on boozy nights out. How do her finances as an American abroad compare to those of her Biglaw counterparts back home?
To help me get in the holiday spirit, I’ve been catching up on my favorite movies. Some might prefer It’s A Wonderful Life or Miracle on 34th Street, but I can’t get enough of It’s a Wonderful Lifetime and ABC Family’s 25 Days of Christmas. Give me a movie where a D-list celebrity overcomes the holiday blues to discover the meaning of Christmas, the joy of love, and the warmth of family, and I am a happy girl.
After 22 days of non-stop Christmas movie watching, I began to think that only in a movie staring Melissa Joan Hart would someone devote her professional career to tackling an issue she had to overcome. Not so.
If you are considering a virtual law practice, you know that many of today’s solo firms started that way. But why are established, multi-attorney law firms going virtual?
Many small firms are successfully moving part—or even all—of their practice to a virtual setting. This even includes multi-jurisdictional practice spanning several states and practice areas, although solo and small partnerships are still the largest adopters of virtual law.
Can you do the same? The new article Mobile in Practice, Virtual by Design from author Jared Correia, Esq., explores how mobile technology bring real-life benefits to a small law firm. Read this new article—the next in Thomson Reuters’ Independent Thinking series for small firms—to explore how a mobile practice:
Reduces malpractice risk
Enables you to gather the best attorneys to fit the firm, regardless of each person’s geographic location
Leverages mobile devices and cloud technology to enable on-the-spot client and prospect communication
Transitioning in-house is something many (if not most) firm lawyers find themselves considering at some point. For many, it’s the first step in their career that isn’t simply a function of picking the best option available based on a ranking system.
Unknown territory feels high-risk, and can have the effect of steering many of us towards the well-greased channels into large, established companies.
For those who may be open to something more entrepreneurial, there is far less information available. No recruiter is calling every week with offers and details.
In sponsorship with Betterment, ATL and David Lat will moderate a panel about life in-house and we’ll hear from GCs at Birchbox, Gawker Media, Squarespace, Bonobos, and Betterment. Drinks, snacks, networking, and a great time guaranteed. Invite your colleagues, but RSVP fast, as space is limited.
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 seven years. You can reach them by email: email@example.com.
It’s that time of year again when JDs are starting to apply for 2L summer jobs and 2L summers are deciding which practice area to focus on.
For those JDs with an interest in potentially lateraling to or transferring to Asia in the future, please feel free to reach out to Kinney for advice on firm choices, interviewing and practice choices, relating to future marketability in Asia, or for a general discussion on your particular Asia markets of interest. This is of course a free of cost service for those who some years in the future may be our future industry contacts or perhaps even clients.
For some years now Kinney’s Asia head, Evan Jowers, has been formally advising Harvard Law students with such questions, as the Asia expert in Harvard Law’s “Ask The Experts Market Program” each summer and fall, with podcasts and scheduled phone calls. This has been an enjoyable and productive experience for all involved.