Greenberg Traurig

Looks like Fiona was picturing all the “Criminal” headline puns that she knew were coming.

* In the continuing tales of “It’s not easy being Green(berg),” the firm is settling more than 30 claims from NFL players who say the firm didn’t warn them about investing in an unlicensed casino project. Well, at it’s least better than investing in unlicensed dog-fighting. [Daily Business Review]

* Professor Dale Carpenter, author of a new book (affiliate link) about Lawrence v. Texas, wonders: If gay marriage goes to SCOTUS, could Justice Scalia get hoisted with his own petard? [SCOTUSblog]

* Fiona Apple was arrested for pot at the same Texas border stop as Willie Nelson, Snoop Dogg, and hacker wunderkind George Hotz. What she needs is a good defense… attorney. [TMZ]

* If I got stuck behind one of these d-bags who pays tolls with a hundred-dollar bill, I would be more concerned about whether it’s a civil rights violation for me to smash their back window with a tire iron. [FindLaw]

* Hey beer nerds, the top secret White House brew recipe has been declassified. This is some crucial government transparency in action. [Legal Blog Watch]

As regular readers of Lawyerly Lairs know well, some attorneys have beautiful — and expensive — homes. As we’ve just learned from the impressive submissions in our contest to find the best law firm offices in America, many attorneys’ workplaces are no less spectacular.

With the help of Mary Kate Sullivan, our wonderful intern here at Above the Law, I’ve winnowed the large and impressive field to eight finalists. There’s nice diversity here, in terms of firms (Biglaw versus non-Biglaw); decor (traditional versus modern); and geography (seven different cities, located all over the country).

Let’s check them out, shall we?

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Hey girl, did you like being a Biglaw associate? I know you did. But now it's time to make sweet love to a new career.

We’re taking a break from covering the “nothing to see here” capital call from Greenberg Traurig to cover people fleeing Greenberg Traurig.

I’m just kidding. We’ve got a fun departure memo from an associate who happens to be from Greenberg, but I don’t think this woman’s departure has anything to do with the firm’s financial health. Instead, she’s just pursuing new opportunities.

And it looks like she’ll be leaving with fond memories of her time at Greenberg. We know that from her choice of ’90s R&B bands that she used to herald her leaving….

double red triangle arrows Continue reading “Departure Memo of the Day: Boyz To Traurig”

The current CEO of Greenberg Traurig, Richard Rosenbaum, recently gave an interview to the Daily Business Review in which he discussed the firm’s recent capital call (among other subjects). We mentioned the interview in Morning Docket, but because it contains a lot of grist for the mill, it merits a second look.

The subtext of the interview — and, at one point, the explicit text of the interview — could be summarized as, “Look, we are not like Dewey!” The bad news is that such statements should even be necessary. The good news is that they seem to be true (at least based on the information currently available).

Let’s hear what Richard Rosenbaum had to say….

double red triangle arrows Continue reading “Commendable Candor from Greenberg Traurig”

* That’s one hell of a “rainy day fund.” Greenberg Traurig is asking for $24M over the next two years, and has no plans to do it again in the near future. [Daily Business Review]

* Lots of law firms have been listening to that Petula Clark song about how great things are downtown, because that’s where their offices are headed. [WSJ Law Blog]

* Republicans are begging Todd “Legitimate Rape” Akin to quit, but he’s vowed to stay the course. “[A]bortion is never an option,” not even for his campaign. [New York Times]

* Dipping and squeezing is serious business in the condiment world, and that’s why there’s a patent lawsuit over this innovative ketchup packet. [Huffington Post]

* Career alternatives for attorneys: sci-fi salvaging savior? This entertainment lawyer is taking out-of-print fantasy novels and turning them into e-books. Sometimes being a nerd is pretty cool. [New York Daily News]

* Chris Danzig will be attending and live tweeting the Apple v. Samsung trial today. Follow him! [Twitter]

I watched your last few seconds of life, and I prayed for you! I saw you saved lives by your effort.

– a hand-written card left at the scene of the West Los Angeles plane crash that killed Greenberg Traurig attorney and volunteer medical pilot Sean McMillan. McMillan’s Cessna went down in a residential neighborhood, but he avoided hitting any homes or other people.

As businesses go, the business of law isn’t extremely capital intensive. Most of the capital in Biglaw is really human capital. As one bankruptcy lawyer put it, “It’s incredible how fragile law firms are. Unlike a company, the principal assets walk out the door every night.”

But law firms do need some capital. Those fabulous offices — and fabulous associates, at $160,000 and up — don’t come cheap.

Firms can obtain the capital they need to operate through borrowing; but credit needs to be used judiciously, lest a firm go the way of Dewey & LeBoeuf. And partners make capital contributions to the firm, most notably when they buy into the partnership.

But sometimes that capital isn’t enough. So firms issue capital calls to their partners, which brings us to today’s topic….

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As we mentioned yesterday in Morning Docket, Judge Marcia Gail Cooke (S.D. Fla.) recently issued an omnibus order on multiple motions for sanctions in the high-profile case of Coquina Investments v. TD Bank. The plaintiff, Coquina Investments, moved for sanctions related to various alleged discovery violations.

At a contempt hearing held back in May, Judge Cooke heard testimony from employees of TD Bank and current and former lawyers from Greenberg Traurig, which previously represented the bank. She took the matter under advisement — but not before saying things like, “It is hard for me to describe in words the difficulty throughout this trial related to documents and discovery.”

Now Her Honor has ruled. What did she decide?

double red triangle arrows Continue reading “Benchslap of the Day: Judge Cooke Sanctions Greenberg Traurig and TD Bank”

* From the White House to the ivory tower: Cass Sunstein is leaving OIRA to return to Harvard Law. Perhaps his thoughts on behavioral economics and public policy will be appreciated in academia. [New York Times]

* It’s too late to apologize this time, Cesar. Greenberg Traurig has been sanctioned in the TD Bank to-do for the firm’s negligent failure to bring forth documents during discovery. [Tampa Bay Business Journal]

* Jared Loughner is reportedly set to plead guilty in the Arizona shooting attack that killed six people, including Judge John Roll, and injured 13, including former Representative Gabrielle Giffords. [Los Angeles Times]

* Lance Armstrong is going for the gold against the U.S. Anti-Doping Agency, this time with a bid to Judge Sam Sparks for a restraining order blocking the USADA from forcing the cyclist into binding arbitration. [Bloomberg]

* “[T]his is not the time for us to become an international accrediting agency.” The ABA will remain a faulty U.S. accrediting agency, because the Legal Ed Section voted against accrediting foreign law schools. [ABA Journal]

* Apparently Texas Tech Law has more than beauty queens. Secretary of Defense Leon Panetta has appointed dean emeritus and current law professor Walter Huffman to the new Defense Legal Policy Board. [KCBD 11]

* Remember Joshua Gomes, the UVA Law student who allegedly broke into the school’s registrar office? As it turns out, there’s no more “allegedly” about it. We’ll likely have more on this news later today. [Daily Progress]

* Law school graduates’ tales of woe are still making headlines in newspapers. Please take heed, 0Ls, and remember that you decided to discount this info if you’re told that you “should have known better.” [Oregonian]

* If you want to eat mor chikin but the thought of supporting Chick-fil-A’s stance on gay marriage is giving you indigestion, now you can eat your fill with the assistance of Ted Frank’s chicken offsets. [Huffington Post]

The “It firm” of May 2012 would appear to be Greenberg Traurig. It’s the Biglaw behemoth that’s generating the greatest buzz and the most headlines right now (not counting Dewey & LeBoeuf, which will soon find itself in bankruptcy).

Whenever there’s a big story, GT is there. In the past month, it has appeared in these pages as the possible savior of Dewey, the actual savior of Dewey’s Poland operations, and the victim of some alleged rudeness by a divorce lawyer in Texas.

And, of course, Greenberg Traurig has found itself at the center of the TD Bank controversy. Late last week, Judge Marcia Cooke held a contempt hearing, to decide whether Greenberg should be sanctioned due to a discovery debacle.

The hearing spanned two days and featured some high-powered witnesses. What happened?

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