Goldman Sachs
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Biglaw
The Big Bank Decision That'll Spur Work-From-Home Orders At Biglaw Firms
The omicron surge is driving professionals out of the office and back to their homes. Will your firm be next? -
Morning Docket
Morning Docket: 03.23.21
* A new lawsuit alleges that marijuana was mixed with salads from Whole Foods and transported interstate to help another weed business. Gives new meaning to the term “Devil’s lettuce”… [Crain’s Chicago Business]
* A former doctor has been sentenced to prison for attempted murder against a California lawyer. [Mercury News]
* A judge has certified a class action against Apple over claims that MacBook keyboards were defective. Hope the class members read the terms and conditions. [Verge]
* Biglaw associates are seemingly sitting pretty when compared to some analysts at Goldman Sachs. [Law and More]
* Another lawyer is leaving the criminal defense legal team of the former NXIVM leader. [ABC News]
* Check out this article about who owns the moon. Guess finders keepers, losers weepers does not apply to space law… [Yahoo News]
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Morning Docket
Morning Docket: 03.03.21
* A chapter of The Satanic Temple lost a cybersquatting lawsuit against former members. Oh hell… [Info Security Magazine]
* A top lawyer for Goldman Sachs is reportedly heading for the exit. [New York Post]
* A new lawsuit alleges that cities used curfews to crush legitimate protests last summer. [Los Angeles Times]
* The New York Attorney General has a stark warning for the cryptocurrency industry. [CNBC]
* Joe Exotic has hired a new lawyer in his bid for a new trial. Please let this all be in another season of Tiger King… [TMZ]
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Morning Docket
Morning Docket: 10.27.20
* The judge in the Google antitrust case just set the first hearing in the lawsuit. Maybe the parties scheduled it through Google Hangouts… [Fox Business]
* Amy Coney Barrett was confirmed by the Senate and sworn in last night as an Associate Justice of the Supreme Court of the United States. [New York Times]
* Another lawyer, who accused the Attorney General of Texas of criminal acts, has resigned. [Seattle Times]
* A lawsuit filed by the estate of a Holocaust survivor featured in the new Borat movie has been dismissed. [Deadline]
* A former employee at Goldman Sachs is suing the company for sexual misconduct allegedly committed by a top lawyer at the shop. [Business Insider]
* The Idaho Attorney General is warning of fake COVID-19 cures. It’s like the Carbolic Smoke Ball all over again… [Idaho Statesman]
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In-House Counsel
How To Go In-House, And How To Excel Once You're There: An Interview With David Stiepleman
After graduating from Columbia Law and spending five years at Cleary, David worked as an in-house lawyer at Goldman Sachs and Fortress Investment Group, before becoming COO of a multibillion-dollar business. -
Morning Docket
Morning Docket: 03.24.20
* A lawyer for the Red Sox is adamant that the franchise is not guilty of sign stealing. But underhanded tactics is kind of a tradition for Boston-area teams… [Yahoo News]
* A former staffer for Mike Bloomberg’s presidential campaign has filed a class action lawsuit alleging that numerous staffers were promised jobs through November and were actually laid off after Bloomberg suspended his campaign. [Hill]
* A Detroit courthouse has been disinfected after an attorney who visited the courthouse tested positive for COVID-19. If Detroit’s courts are even open, they’re a few weeks behind New York and New Jersey… [Detroit Free Press]
* The New Jersey Attorney General has said that citizens who break a stay-at-home order may face jail time or fines of up to $1,000. [Hill]
* Goldman Sachs paid its top in-house lawyer over $8 Million last year. I’m in the wrong field. [Bloomberg Law]
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Morning Docket
Morning Docket: 10.10.19
* Where does Gordon Caplan go from here? Maybe he goes back to school… I hear there are some folks out there who can help him get in. [American Lawyer]
* Mitch McConnell’s aide is running for Kentucky AG. The only problem? Kentucky has a law requiring candidates for the post practice law at least sometime in the past eight years. He’s arguing that a federal clerkship should count as “the practice of law” as opposed to “one year Fed Soc externship.” We’ve made a mockery of so many rules, why not this one? [Corporate Counsel]
* Mark Zaid’s daily adventures representing whistleblowers. [The Hill]
* Bill Brewer heads to court to see whether or not his $177K benchslapping he received will stand up on appeal. [Texas Lawyer]
* Matt Lauer’s attorney pushing back against rape allegations, explaining that her former anchor client was involved in a completely mutual and consensual affair with someone on the lower end of a gross power imbalance. [National Law Journal]
* Railroaded former Goldman Sachs coder Sergey Aleynikov lost his recent appeal. He’d argued that double jeopardy precluded his conviction, which of course is a non-starter in a dual sovereignty world. [Law360]
* Freshfields partner resigns over accusations of “engaging in sexual activity with intoxicated junior colleague” [Legal Cheek]
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Finance
Goldman Sachs Follows Jamie Lannister Character Arc (Hopefully To A More Satisfying Conclusion)
Is this old repository for rich white guys maybe, just maybe, turning over a new leaf? - Sponsored
Document Automation For Law Firms: The Definitive Guide
Legal document automation is no longer only for the exclusive few. -
Intellectual Property
Goldman Sachs Asks: 'Is Curing Patients A Sustainable Business Model?'
Will Goldman Sachs’s question reduce investments in research and development of disease cures? -
Minority Issues, Racism
Well This Is Certainly An Awkward Time For #Resistance Leader Lloyd Blankfein To Deal With A Racial Discrimination Suit
'Segregation is alive and well on Wall Street.' -
Securities and Exchange Commission
Jay Clayton Didn’t Really Work At Goldman Sachs But He Really Will Head The SEC Because He’s Qualified To Do So
With Donald Trump offering up daily rounds of target practice to his opponents, it would be wise to hold fire on Jay Clayton. -
Goldman Sachs, Politics
Gary Cohn Ungently Reminding Steve Bannon That Real Goldmanites Always Triumph Over Fake Ones
Why is everyone so shocked that Gary Cohn has usurped power from Steve Bannon? -
Banking Law
‘Twenty-First Century Glass Steagall’ Still Just A Meaningless Assemblage Of Words
Well, this'll help Gary Cohn achieve transcendence.
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Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
Document Automation For Law Firms: The Definitive Guide
Are Small Firms Going Big On Legal Tech?
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How AI Is The Catalyst For Reshaping Every Aspect Of Legal Work
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Biglaw, Money, Politics
A Peek Inside Sullivan & Cromwell Partner Pay
A financial disclosure form gives us hints about the wealth of S&C partners. -
Morning Docket
Morning Docket: 01.25.17
* Donald Trump is launching a “major investigation” into voter fraud because the rest of us pointed out that his popular vote claims were pure bull hockey. This is fantastic. We’ve known that voter fraud really isn’t a thing for years but now there’ll be proof. [CNN]
* A deeper dive into the Dentons conflict check snafu. [Litigation Daily]
* The original patent troll firm is no more. [Ars Technica]
* Sergey Aleynikov’s conviction reinstated. “The decision is a ‘big victory’ for Vance and helps to enhance his reputation as a ‘no-nonsense’ prosecutor who will aggressively prosecute financial fraud.” Wasting years pursuing a conviction the federal courts threw out just to appease Goldman Sachs donors in their private vendetta… sure that’s the kind of financial fraud everyone’s looking to see aggressively prosecuted. [Bloomberg]
* Deutsche out $110 million. [Law360]
* Hughes Hubbard files trademark application for Trump’s reelection slogan “Keep America Great.” Which he stole from The Purge, if you’re wondering what’s next on his agenda. [The Am Law Daily]
* Oh. And we have our first martial law sighting! [Salon]
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Finance
Lloyd Blankfein, Jamie Dimon Singing A Oddly Similar Tune On Dodd-Frank
No need to kill the poor law, just rough it up a little. -
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Biglaw
Chipotle Has Some Special Biglaw Burritos For Bill Ackman
The burrito chain puts Wall Street in formation, tells Ackman it’s got hot sauce in its bag. -
Crime
Goldman Sachs Doesn’t Want To Pay *Its* Legal Fees, Either
Joseph Jiampietro knows what we’re talking about. -
Law Schools, Student Loans
Billionaire Cautions That Law School Is Great -- For Accumulating Debt
If you're considering law school, heed this warning.