Earlier this week, two more partners announced their imminent departures from OMM: Ilan Nissan, former firmwide co-chair of the firm’s M&A and private equity practice, and Christian Nugent, also an M&A partner. Like several of the other O’Melveny defectors, Nissan and Nugent arrived at OMM’s New York office via O’Sullivan Graev & Karabell, the highly regarded corporate boutique that O’Melveny absorbed in 2002, in an effort to build its NYC transactional practice.
Nissan and Nugent will be joining the New York office of Dewey & LeBoeuf. A spokesperson for Dewey confirmed the news to ATL. (A spokesperson for O’Melveny declined to comment.)
In addition, readers brought to our attention two O’Melveny partner departures from this year that didn’t appear in our earlier list. Let’s take a look….
On Tuesday, we tuned in to the late night show debacle unfolding at NBC. On his show that night, Conan O’Brien shared insights about the lawyerly wranglings. From US Magazine:
“Hi, I’m Conan O’Brien, and I’m just three days away from the biggest drinking binge in history,” he said during Tuesday’s monologue. “I spent the afternoon at Universal Studios’ amusement park, enjoying their brand-new ride, the ‘Tunnel of Litigation.’”
Noting reports that he is legally prohibited from bad-mouthing the network behind the mess (Jay Leno is taking over O’Brien’s time slot after his prime time show was axed), O’Brien joked in his monologue Tuesday “Nobody said anything about speaking in Spanish.”
He then rails off an insult in Spanish which translates to: “NBC is run by brainless sons of goats who eat money and crap trouble.”
The final deal includes a payout of approximately $32.5 million for Mr. O’Brien and roughly $12 million for his staff, according a person familiar with the matter. The agreement will allow Mr. O’Brien to appear on another network beginning Sept. 1, the person said….
NBC, which is controlled by General Electric Co., will retain the rights to at least some of the comedic material from the show, according to people familiar with the matter. The deal also includes a non-disparagement clause, both for the 46-year-old comedian and NBC, and a provision that was said to bar or limit Mr. O’Brien from appearing on others’ shows for a period of time, according to people familiar with the negotiations.
Jay Leno gets to reclaim his 11:35 p.m. show starting March 1. Meanwhile, David Letterman is probably just happy that Leno and Conan are monopolizing the late night news cycle instead of his own legal troubles.
What impact will this $45-million ruffling of the Peacock Network’s feathers have on entertainment law practices?
Two experts opine on what this means for the entertainment law industry, and the major takeaway lesson for talent lawyers, after the jump.
Hey, have you read Above the Law for like one single minute in the past month? If so, you probably know that we’re having this big blogger conference on March 14th at the Yale Club. Yeah, the Yale Club. You’ll be able to recognize me: I’ll be the only big… blogger guy surreptitiously holding a can of crimson spray-paint.
Speaking of coming, you should come. We’ve got CLE and all that. Click here to buy tickets to get CLE credit for listening to bloggers scream about stuff on the internet.
To refresh your memory, details on the panel that I’m moderating — almost entirely sober, mind you — follow.
My panel is called Blogs as Agents of Change, and we’re going to talk about whether all of these spilled pixels are actually making a difference. You know my view… just ask Lawrence Mitchell, but here are the panelists:
So you spent a considerable amount of time courting, selling and maybe even doing some friendly stalking of that attractive lateral partner candidate with a sizable book. After he or she ignored your emails and didn’t return your calls, a few weeks go by and you read a press release in the legal media announcing the recent move to a competing firm.
Rats. Another one got away from you. You cringe when you consider how much time was spent in meetings that did not bear fruit. Your heart aches when recall how you were led to believe this was a marriage made in heaven.
You have been rejected.
The sting of rejection is painful, even for fancy law firms. But you need to find a way that you can turn this disappointment into a legitimate learning experience.
No, this isn’t a pre-party before we come back next fall for the real thing. This IS the real thing. Quinn Emanuel is pushing the envelope on recruiting. The party is now. This is when you meet the partners and associates face to face. This is when we begin the dance that could land you an offer for your second summer BEFORE school starts in the fall.
First: You come to the party. Second: If you like us, you send your resume after June 1, 2014. Third: If we like each other, you get an offer.
We’re not waiting for fall. We’re not doing the twenty minute thing. This party is the real thing!
We hope you’ll join us, and look forward to meeting you.
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