Last week, we asked readers to submit possible captions for this photo:
On Friday, you voted on the finalists, and now it’s time to announce the winner of our caption contest….
“Our catering service requires a credit card; client matter numbers no longer accepted. Seamless food ordering requires a credit card or a corporate card.”
“It’s not clear that we still have health insurance.”
“Dewey has cut off subscriptions, and expenses are no longer being reimbursed.”
“Everyone is pretty much packing up. Bankers boxes are on backorder in supplies.”
“Dewey is quietly removing the art from the walls. Perhaps it belongs to the creditors?”
These are some of the sad stories we’re hearing out of Dewey & LeBoeuf today. Let’s discuss the latest news and rumor coming out of the deeply troubled law firm….
Multiple UPDATES and new links, after the jump (at the very end of this post). The Dewey story is moving so quickly that we will do multiple updates to our existing posts instead of writing a new post every time there’s a little additional news to report. Otherwise half of the stories on our front page would be about Dewey, and there is other Biglaw news to report — e.g., the new profit-per-partner rankings from Am Law, salacious lawsuits against prominent D.C. law firms, etc.
* A Biglaw firm that’s got some Seoul: Clifford Chance is the first firm from the United Kingdom — and the first foreign firm — to file a formal application to open an office in South Korea. [American Lawyer]
* Holland & Knight scored a half-million dollar contract to negotiate a deal for a new Massachusetts casino. Instead of giving out spring bonuses, the firm threw a big party to celebrate. [Boston Herald]
* “I am convinced that [he] was given an intentionally defective bomb . . . to stage a false terrorist attack.” This is what a Cooley Law grad said during the Underwear Bomber’s sentencing hearing. Figures. [ABC News]
* 32 law schools provided Law School Transparency with their NALP reports for the class of 2010. Remember when just one school was willing to provide data, and then reneged? [Thomson Reuters News & Insight]
Now the firm wants to put a little extra money into the pockets of Holland & Knight associates. Today, sources tell us that Holland & Knight announced it would be paying out a “fall” bonus. I guess it was a good summer at the firm.
But don’t get confused, this is supplemental money to the 2010 bonus, not an advance on the 2011 bonus. As we’ve already mentioned, firms are using 2011 revenue to pay for 2010 performance, so you really can’t count it against the 2011 bonus pool.
And Holland & Knight acknowledges that….
Recently on my blog I have been posting different viewpoints as to whether the e-discovery industry should have its own specialized certification. In the past year there has been a push by several organizations to establish standards of testing in the industry. In fact, a few weeks ago, the newly formed Association of Certified E-Discovery Specialists or ACEDS (prenounced “A-Saids”) held an inaugural conference in Hollywood, Florida. Although ACEDS was just founded last year by the Intriago Group, led by a former McDermott Will & Emery partner, Charles Intriago, the meeting had over 300 attendees — not bad for a first conference.
I had the chance to speak with two attorneys who spoke at the ACEDS meeting. They provided me with a better understanding of whether the movement toward certification is simply a passing trend or a sign of things to come…
While some people seem to think Japan’s status as a rich nation means it doesn’t need any international aid, I don’t see how the country’s long-term ability to recover has anything to do with the immediate humanitarian crisis. Japan will undoubtedly be able to rebuild in the future, but its citizens need food and water today.
We’ve now received word that even more Biglaw firms are pitching in to do what they can. If you know of additional firms supporting relief efforts that we have not mentioned, please tell us in the comments to this post….
* Elie here: Remember yesterday when I said that it was a prick move by the cop to issue that ticket on the mother of that comatose 13-year-old girl, and then all those commenters said the cops had no choice because issuing the ticket was an important matter in terms of the civil liability of the driver? Yeah, well, I stand by my initial analysis that the cop was a jerkhat. [New York Personal Injury Law Blog]
* How can lawyers dress to impress in 2011? [Lawyerist]
* So let me get this straight, it’s not okay for me to drink Four Loko and drive, but it’s okay for my car to do it? What’s up with that? [Alt Transport]
* Were passports biased against gays? Well, now they won’t be. [Huffington Post]
* If you’ve been following along with the most important news of today — which is obviously that the study showing that a crying woman is a total buzzkill — here’s an important counterpoint. Crying might be nature’s way of saying: “Stop beating on your wife you freaking a**hole. [Newsweek]
When does the gift of a hot gadget feel like an insult? Apparently when you are an associate at Holland & Knight. This bonus season, the firm gave all of its associates free iPads. And…
Well, associates are still waiting to see if there will be anything other than iPads as a bonus present from the firm.
Can somebody explain to me how the iPad turned into a giant pacifier for white-collar employees? Has any kind of consumer protection agency checked to make sure “placation” is an approved use for the product? I mean, I don’t have an iPad, so maybe I don’t know what I’m talking about. But you can’t have sex with it, right? It doesn’t like cure AIDS or grow into a beanstalk or anything?
Maybe the iPad is the most wonderful gadget since the brassiere (the O.G. of gadgets), but at least some of the associates at Holland & Knight were hoping for something a little bit more. And the staff at Holland & Knight, well, I suppose they’re just happy they could help out with getting the associates the iPads…
Anna Nicole Smith: her candle burned out long before her legend ever did. And the great beauty’s legend continues to grow, over three years after her untimely death in February 2007, as litigation involving her estate contributes to the development of a rich body of law regarding bankruptcy and probate law — in a tribunal no less distinguished than the Supreme Court of the United States.
Over at USA Today, Joan Biskupic has this report:
The Supreme Court agreed Tuesday to hear an appeal from the estate of Anna Nicole Smith, the late Playboy model and TV reality-show star, in the decades-old dispute over an inheritance from her tycoon husband.
The action, involving a sensational set of characters in an otherwise dry case at the intersection of probate and bankruptcy law, came on a day of varied court business that included acceptance of 14 new cases for the 2010-2011 term that officially begins Monday.
Sounds scintillating. Let’s get all up in Anna Nicole’s business, shall we?