Greenberg Traurig

When we sit down at Thanksgiving this year, we’ll give thanks for Weil Gotshal. Over the past few months, the highly prestigious and profitable firm has generated a cornucopia of tasty news to cover.

And the drama isn’t over yet. Instead, the soap opera continues.

Soap operas feature ups as well as downs; they’re not all bad news (because that would be boring). Births and marriages balance out deaths and divorces.

So for today’s Weil Gotshal update, we’ll start with the happy stuff — new partners! — before moving on to the gloomier news….

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Sorry, Patton Boggs…

* The right to choose… to drive out of state? SCOTUS rejected an application to block Texas from enforcing a law requiring abortion doctors to have privileges at nearby hospitals. [New York Times]

* Patton Boggs should prepare for the day when Locke Lord is too busy washing its hair to go on a date. The would-be merger is just one of many “interesting opportunities” the firm is considering. [Am Law Daily]

* In case you were wondering about the type of people who are accepted into Greenberg Traurig’s residency program, the recent law grad profiled in this article went to Nova Southeastern. [Sun Sentinel]

* Law firm merger mania, mid-size Midwest edition: Chi-Town law firm Shefsky & Froelich merges with Cincinnati-based Taft Stettinius & Hollister. [Crain's Chicago Business]

* When it comes to law faculty hiring, it doesn’t matter what color your skin is or what you’ve got between your legs, so long as your résumé is covered in Ivy and you’re dripping with prestige. [National Law Journal]

* Ave Maria School of Law is in need of a new dean. It seems the man who created the school’s “Advanced Critical Thinking Department” engaged in deep thought before deciding to call it quits. [Naples Daily News]

Ed. note: Say hello to our newest columnist covering the world of small law firms, Carolyn Elefant of MyShingle.

Two weeks ago, Greenberg Traurig announced a lawyer residency program — one-year positions where lawyers spend a third of their time on training, are paid “considerably less than associates,” and billed out at lower rates. When the program concludes, residents may be offered a position as an associate, become a non-partnership track “practice group attorney,” or get shown the door. The program has elicited a range of reactions over its implications for Biglaw, ranging from potentially promising (David Lat and Toby Brown), to shortsighted and risky (Jordan Furlong), to a mixed bag for associates (Adam Ziegler).

But from the perspective of lawyers who want to start their own firms and have the option of handling traditionally “big firm” matters, residency programs like that offered by Greenberg Traurig are a boon. Imagine being paid to do little more than spend a year learning the ins and outs of big firm practice and practice areas by observing depositions and trials and accessing unlimited PLI content. Plus, residents have a chance to meet and network with other lawyers at GT and throughout the legal community; presumably, fewer billable hours means more time to hobnob.  At the end of the residency, lawyers could move on to start their own firms — but with the benefit of a year of student loan debt repaid and a big firm credential on the résumé — which can be a selling point for certain types of clients (usually the kinds of clients who won’t experience sticker shock at your $250/hour rates because they’re accustomed to paying double that at a large firm)….

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There’s good news, and there’s bad news. Or maybe good news with a catch, as we mentioned in Morning Docket.

The good news: Greenberg Traurig is hiring. The catch: the positions don’t pay $160,000 a year (or even $145,000, the new starting salary in GT’s Miami and Fort Lauderdale offices).

Following the lead of Kilpatrick Stockton, Orrick, and other Biglaw firms, Greenberg Traurig has created some new non-partnership-track attorney positions. They pay less than traditional partnership-track — or, in GT parlance, shareholder-track — positions, but the billable-hour requirements are lower and the training is better.

What do these positions look like? Let’s find out….

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* President Obama defends Obamacare (aka the Affordable Care Act), saying that the dysfunctional HealthCare.gov website will get fixed. [Washington Post]

* “Calling All Unemployed Law Grads: Greenberg Traurig Is Hiring.” But there’s a catch. We’ll have more on this later today. [Am Law Daily (sub. req.)]

* The Supreme Court agrees to hear a case regarding how to determine mental disability in death-penalty cases. [National Law Journal]

* If you’re thinking of selling legal services over Groupon, proceed with care. [ABA via WSJ Law Blog]

* Want to get out of jury duty? Try flipping the bird at the defendant (which is what this Biglaw partner allegedly did). [ABA Journal]

* Chris Geidner takes a closer look at Chris Christie’s decision not to keep fighting marriage equality in New Jersey. Is it all about 2016? [BuzzFeed]

* More details on the circumstances surrounding a Reed Smith partner’s profane and ill-advised tweet. Expect Steven Regan to be sent back to “Tweet School.” [Am Law Daily (sub. req.)]

Ed. note: This is the latest installment of The ATL Interrogatories, brought to you by Lateral Link. This recurring feature will give notable law firm partners an opportunity to share insights and experiences about the legal profession and careers in law, as well as about their firms and themselves.

Richard A. Rosenbaum is the Chief Executive Officer of Greenberg Traurig. Richard joined the firm in 1985 as its 90th lawyer, and just as he has been a leader in its spectacular growth across the Americas, Asia, Europe and the Middle East, navigating the changing times in which we live, he has been fiercely devoted to serving the firm’s clients, lawyers and staff, and the communities in which they live and work, for the past 28 years. You can read his full bio here.

1. What is the greatest challenge to the legal industry over the next 5 years?

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‘I love being an associate!’

We’ve waited a long time to type these words. A major law firm just raised starting salaries for first-year associates.

Before you start chanting “NY to 190,” however, there are some things you should know. The raise relates to associates in what some might call a “secondary” legal market; we’re not talking about New York, or Washington, or Los Angeles. Associates at this firm, even post-raise, won’t be making the magic number of $160,000 a year.

That said, the legal market in question is rather large, and the law firm in question is a national and even international player. So the move could have ramifications beyond just the affected associates….

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Ed. note: This is the latest installment in a new series of posts on lateral partner moves from Lateral Link’s team of expert contributors. Today’s post is written by Michael Allen, the Managing Principal of Lateral Link, who focuses exclusively on partner placements with Am Law 200 clients.

From Q3 2012 through Q2 2013, we have seen approximately 7,500 lateral moves at the top 200 law firms. Approximately 4,500 (60%) were associates; 1,900 (25%) were partners; and perhaps most surprisingly, 1,100 (15%) of the lateral movement consisted of “counsel” or “of counsel” positions.

To clarify, some firms promote their senior associates to a “counsel” position based on seniority, but even excluding this pool of associates, that still leaves a significant number of counsel-level laterals finding opportunities within new law firms. From April 2012 to the end of the second quarter this year, Gordon & Rees had the largest number of lateral counsel transitions, with 34 (in large part due to the fact they opened seven offices in 2012 alone). Seyfarth Shaw, Greenberg Traurig, and Wilson, Elser, Moskowitz, Edelman & Dicker followed closely with 26, 23, and 22 counsel placements, respectively. Notably, Quinn Emanuel Urquhart & Sullivan had 11 counsel transitions in that same timeframe, 8 of them from a group of more than 15 Skadden Arps product liability attorneys who followed colleagues Sheila Birnbaum and Mark Cheffo, two heavyweights in the product liability world….

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Discriminatory bottle service for old dudes?

* When it comes to the Affordable Care Act’s contraception coverage mandate, corporate personhood only goes so far. Religious freedoms apply to human beings, not their businesses, and the Third Circuit agrees. [New York Times]

* According to the Bureau of Labor Statistics, the legal sector added 2,800 jobs in July after major losses in the two months prior. We’re sure that the eleventy billion members of the class of 2013 will be very pleased. [Am Law Daily]

* Not a Nigerian scam: Biglaw firms in Washington, D.C. — like Covington & Burling, Greenberg Traurig, and Williams Mullen — are busy chasing business in Africa. [Capital Business / Washington Post]

* A New Jersey municipal judge faces ethics charges due to his “extra-judicial activities” with an exotic dancer. It seems she appeared before him in his courtroom and in his bed. [New Jersey Law Journal]

* Tawana Brawley, the woman who dragged a New York prosecutor into an elaborate rape hoax (complete with race-baiting), is finally making payments on a defamation verdict. [New York Post]

* “Either I’m a stupid lawyer, or I’m stupid for thinking the court will enforce the rights of guys.” Former Cravath attorney and men’s rights advocate Roy Den Hollander is at it again. [New York Daily News]

* Morehouse College will be the fifth undergraduate school in the nation to publish a law journal. This is basically a case study in what it means to begin law school gunning while in college. [Daily Report]

* Things are pretty dire for New York City mayoral candidate Anthony Weiner. Not even “that [law grad] who takes pictures of himself in his underwear in the mirror” would vote for him. [Delaware News Journal]

* Julius Chambers, famous civil rights lawyer and former leader of the NAACP LDF, RIP. [NBC News]

Ed. note: This is the latest installment in a new series of posts on lateral partner moves from Lateral Link’s team of expert contributors. Today’s post is written by Michael Allen, the Managing Principal of Lateral Link, who focuses exclusively on partner placements with Am Law 200 clients.

An intriguing demographic dilemma is approaching a powerhouse law firm, Jones Day, as several senior partners and chairs are straddling the mandatory retirement age. The firm currently has over eight partners — including numerous practice leaders and partners in charge — above their proclaimed mandatory retirement age, and over ten partners nearing the cutoff, which probably signals that Jones Day gives some partners a pass when it comes to retirement. For example, Mark Sisitsky, Hugh R. Whiting, and Bob Mittelstaedt, just to name a few, are all very respectable partners who are refining with vintage.

Jones Day generally restocks from within by promoting partners in the first quarter each year. In 2013, the firm internally promoted 29 partners in the first quarter, each with an average of 12.5 years of experience. Although Jones Day is five months away from the next round of promotions, Lateral Link has identified around fifty associates who are in the running for a partner promotion (although only a handful will ultimately get the nod). We have an idea who fits in both categories and have been fairly accurate in our projections from the past….

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