Jones Day

You just wonder if Jones Day could try recruiting adults instead of making a bunch of rules to regulate the kids they have there. Think about it: one of the defining features of Jones Day is its policy of secrecy regarding attorney compensation. The firm is worried about petty jealousies sprouting up between competing attorneys over compensation. Other firms handle this problem by assuming their people can act like trained professionals, Jones Day thinks that its people can’t handle the truth.

This condescending view doesn’t just apply to salary information. Apparently, Jones Day employees cannot be trusted to dress themselves without explicit instructions.

Jones Day has so many nanny-state policies that I’m surprised Mike Bloomberg isn’t a partner in the firm…

double red triangle arrows Continue reading “It’s The Jones Day Dress Code”

Let’s all take a deep breath. Associate bonus season, which usually wraps up sometime in January, looks like it’s been extended well into April. This is just more proof that Biglaw firms don’t actually collude. No rational business person would want to be making decisions in April 2011 about how much to pay employees for 2010 performance.

For those trying to keep score, there seem to be the following categories of firms (roughly using a letter-grade system):

A – Firms that are paying Cravath-level spring bonuses in all offices. (Example: Cravath.) [FN1]
B – Firms that are paying Sullivan & Cromwell-level spring bonuses in all offices. (Example: S&C.)
C – Firms that are paying spring bonuses in New York but not elsewhere, like California or D.C.. (Example: Read more below.)
D – Firms that are not paying spring bonuses because their year-end bonuses beat the Cravath year-end bonuses, and they’re hoping their associates can’t add. (Example: CHECK YOU QUINN EMANUEL.)
F – Firms that are not paying spring bonuses and invite disgruntled associates to S some D if they don’t like it. (Example: Jones “We can still hear all the poors who live inside your black box” Day.)

Right now, we want to focus on Group C. Group B gets a pass because they started the spring bonus phenomenon and goddamnit we’re going to respect that. Partners at firms in Groups D & F will have to examine their own motives for why they want their associates to secretly hate them.

But Group C is weird. Why create inter-office jealousy and rage when most top firms are paying spring bonuses in all of their offices? Why look that desperate to save a little bit of money?

And you can’t spell “Weird Cost-Cutting” without White & Case

double red triangle arrows Continue reading “Associate Bonus Watch: Which Firms Are Springing Only in New York?”

Yesterday we reported on talks last week between Jones Day and key partners in the construction group of Howrey. It appears that the talks have borne fruit.

As reported yesterday by the Daily Journal (subscription), a group of seven Howrey partners — led by prominent construction lawyer Steve O’Neal, former chairman of the now-defunct Thelen law firm — left Howrey this week for Jones Day. The move was confirmed yesterday by Robert Mittelstaedt, the partner in charge of Jones Day’s San Francisco office.

Who are the departing construction-law partners? And which other partners might be leaving Howrey’s California offices?

double red triangle arrows Continue reading “Howrey Met Your Mother (Then Lost Her to Another Firm)”

After all, there are fewer partners for Howrey to lose with each passing day, as the Howrey lawyer diaspora continues to grow. Let’s review the recent activity — and discuss some possible future defections.

On Friday we reported that IP litigator Mark Whitaker would be joining Baker Botts. That news has now been publicly announced.

Back on February 4, we mentioned that government contracts lawyer Barbara Werther was leaving Howrey, most likely for Ober|Kaler. She’s now on the Ober|Kaler website (although the firm apparently didn’t issue a press release touting her arrival, as it did for two first-year associates).

UPDATE: Just this morning, Ober|Kaler issued a press release on Werther and insurance coverage litigator Stephen Palley (who also joined from Howrey).

UPDATE (4/5/11): All in all, five Howrey construction lawyers joined Ober|Kaler.

Other outlets have noted additional partner departures. K.T. “Sunny” Cherian, described by The Recorder as a “top IP litigation rainmaker” with a book of business worth more than $10 million, joined the San Francisco office of Hogan Lovells this past weekend. Four other partners will join him in soaking up the Ho-Love: John Hamann, Sarah Jalali, Constance Ramos, and Scott Wales (who had been the hiring partner for Howrey’s S.F. office).

Also in S.F., Pillsbury Winthrop picked up IP partner Duane Mathiowetz. The news was reported by the Daily Journal (subscription), which noted that Mathiowetz, who worked as a mechanical engineer for a decade before going into law, has taken five patent cases to trial in the past five years (winning four).

Who might be the next to leave Howrey? Here’s some speculation….

double red triangle arrows Continue reading “Howrey Losing More Partners? Construction Lawyers Might Be Next to Leave”

Sometimes lawyers at Cadwalader are the victims of theft. And sometimes they’re the ones doing the stealing.

Here’s the promised follow-up to yesterday’s post about Cadwalader’s successful raid on the energy law practice of McDermott Will & Emery. It’s big news in Biglaw. As of now, nine partners are moving — Paul Pantano, Karen Dewis, Greg Lawrence, Greg Mocek, Tony Mansfield, Ken Irvin, Rob Stephens, Daryl Rice and Doron Ezickson — but if they’re followed by associates, a few dozen lawyers could be involved.

In an email sent out on Wednesday by MWE leaders Jeff Stone and Peter Sacripanti, reprinted in full after the jump, McDermott tried to minimize the losses. Stone and Sacripanti pointed out that “[t]his group of partners focused mainly on one aspect of our overall energy practice, which was commodities and derivatives trading for financial clients,” and that “the departing partners’ total collections in 2010 amounted to about three percent of overall firm revenue.”

Still, three percent of total MWE revenue is nothing to scoff at. In 2009, McDermott had total revenue of $829 million, according to the American Lawyer. Assuming that 2010 revenue is similar (the Am Law numbers aren’t out yet), three percent amounts to $24.87 million. Dividing that out over nine partners yields revenue per partner of about $2.8 million — not a bad book of business.

Let’s check out some reader views on this news….

double red triangle arrows Continue reading “More on Cadwalader’s Capture of Energy Lawyers from McDermott”

Ed. note: This is the latest installment of Inside Straight, Above the Law’s new column for in-house counsel, written by Mark Herrmann.

Is blogging a useful business development tool?

The folks who sell blogging platforms to lawyers say that blogging is the route to riches. But bloggers themselves are far less certain whether blogging actually generates business. What’s the truth?

Let me start with my personal experience; I’ll conclude with a thesis. The personal experience is just the facts — what I did as a blogger, how successful the blog was, and how, if at all, I profited from the experience. (I’ve previously recited parts of this story in both the print media and elsewhere. I’ll try to add a few new thoughts here.)

What did I do as a blogger? For three years — from October 2006 through December 2009 — while I was a partner at Jones Day, I co-hosted the Drug and Device Law Blog with Jim Beck, of Dechert. We wrote almost exclusively about the defense of pharmaceutical and medical device product liability cases. We affirmatively chose to have the blog co-hosted by partners at two different firms, for two reasons….

double red triangle arrows Continue reading “Inside Straight: Business Development (Part 3)”

Ed. note: This is the latest installment of Inside Straight, Above the Law’s new column for in-house counsel, written by Mark Herrmann.

Business development: What works?

I was on the other side — the law firm side — of the business development coin for 25 years. And those 25 years taught me this about generating business: Raise your profile; stay in touch with people; and get lucky.

I was never once retained by dint of good looks or charm. (Anyone who’s seen or met me won’t find this to be surprising.)

And I don’t play golf.

So what’s a lawyer to do? What business development efforts worked for me, and what might work for you?

double red triangle arrows Continue reading “Inside Straight: Business Development (Part 1)”

Some time ago, we solicited applications for a new position here at Above the Law: a columnist to cover the world of in-house counsel. We received many outstanding applications, and we thank everyone who applied for their interest.

Today we are pleased to announce the launch of the new column, entitled Inside Straight (for the poker aficionados among you). As its name suggests, the column will cover the world of corporate counsel with all of the candor and insight that you’ve come to expect from ATL.

Our columnist — a former law firm partner, current in-house lawyer, and author of a well-received book on legal practice — should be familiar to longtime followers of the world of legal blogging….

double red triangle arrows Continue reading “Above the Law Launches a New Column for In-House Counsel”

Earlier this week, we brought you the story of Nelson v. Jones Day — a discrimination lawsuit filed against Jones Day by Jaki Nelson, an African-American woman who worked at JD for almost 18 years. Some of the allegations in Nelson’s complaint — use of racial slurs by firm partners and administrators, sex scandals, and rampant bullying — were salacious and incendiary. If you haven’t already done so, read more about them in our earlier post.

As litigators well know, however, there are two (or more) sides to every story. And this lawsuit is no exception.

(We’re reminded of Aaron Charney’s lawsuit against Sullivan & Cromwell, alleging anti-gay discrimination. Based on the same reporting, some viewed that lawsuit as Philadelphia: The Sequel, while others saw it as an oversensitive and entitled associate suing a firm with no anti-gay bias — and numerous gay partners and associates.)

After we published our post, sources came forward to defend Jones Day and the lawyers mentioned in the complaint — and to dish dirt on the plaintiff, Jaki Nelson….

double red triangle arrows Continue reading “Nelson v. Jones Day: Another Side to the Story”

Oh boy. Discrimination lawsuits filed by former employees against law firms can get pretty salacious. But we haven’t seen a complaint this juicy since Allgood v. Williams Mullen (aka the “cucumber incident”), or maybe Braude v. Maron Marvel (girl-on-girl sexual harassment in Delaware).

This latest lawsuit is captioned Nelson v. Jones Day. It was actually filed back in September, but it only seems to be coming to light now. It was covered last week by eBossWatch, then picked up today by the ABA Journal.

The allegations — which include claims of Jones Day partners and staff supervisors using racial slurs, junior associates “treat[ing] office staff like servants,” and office affairs and sex scandals — are not to be missed….

double red triangle arrows Continue reading “Lawsuit of the Day: Ex-Jones Day Secretary Alleges Racial Slurs, Sex Scandals, and More”

Page 5 of 6123456