Kirkland & Ellis

* Chief Justice John Roberts gave a Solicitor General’s Office attorney a vicious tongue-lashing for failure to be upfront about policy changes between presidents. Now that’s what we’d call a verbal benchslap! [Thomson Reuters News & Insight]

* When asked if they’d be following Cravath’s bonuses, a dozen Am Law 100 firms didn’t even care to respond or discuss the matter. It seems the partners would rather keep their associates squirming with suspense a while longer. [Am Law Daily]

* Watch out, world, because Catholic University of America just hired a Biglaw senior partner to lead its law school. Say hello to Dean Daniel Attridge, formerly managing partner at the D.C. office of Kirkland & Ellis. [National Law Journal]

* A federal judge ordered tobacco companies to disclose in product warnings that they chemically induce smoking addictions to turn a profit, but those fools will keep puffing their cancer sticks anyway. [WSJ Law Blog]

* This just in from Flori-duh: you know you’re probably going to have a bad day in court when the judge won’t declare a mistrial even though the prosecutor technically wasn’t a member of the state Bar. [Miami Herald]

Now is the time on ATL when we dance — around the subject of money. With just two months left in the year, law firms are focused on collections, associates are focused on bonuses, and partners are focused on profits. Even though money is not the be-all and end-all of law practice, as we have emphasized in these pages before, it’s a topic that people follow — and a topic that we will therefore be covering closely in what remains of 2012.

Earlier this week, the American Lawyer magazine touched upon a topic that doesn’t get as much attention as it should in the world of Biglaw: compensation for non-equity partners. Let’s take a look at Am Law’s findings….

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* A case of alleged murder by legal form. Christ, this sounds like a bad Twilight Zone episode. [Lake Expo]

* A novel reason why teenagers should still refrain from posting party pictures on Facebook, future job concerns be damned. [ABA Journal]

* Kirkland & Ellis donated $5 million to the Northwestern University Law School. I think some celebratory key jangling is in order. [Northwestern News Center]

* Con law nerds, you can now check out the audio from the Supreme Court’s announcement of its ruling in the Affordable Care Act, a.k.a. the Obamacare case. [Oyez]

* What do the naked Kate Middleton pictures mean for modern privacy law? Other than the fact that all famous people should just become nevernudes, obviously. [LinkedIn]

* A judge blocked the controversial Pennsylvania Voter ID law, at least until election season ends. [WSJ Law Blog]

* Although law school application rates are falling across most of the country, application numbers have spiked at the extraordinarily prestigious Kansas University School of Law. Wait, what? [LJWorld]

* Oh lord, here we go again. Samsung sued Apple for patent infringement in the iPhone 5. Let’s begin round #72,354. Ding! [CNET]

The world keeps getting smaller, but the law firms keep getting bigger. The American Lawyer magazine just announced its Global 100, the world’s 100 largest law firms in terms of total revenue, and Biglaw seems bigger than ever.

Despite the challenging economic climate, law firms continue to grow. In three key categories — revenue, profits per partner, and attorney headcount — the top firm for 2012 boasts a bigger number than last year’s #1 firm….

double red triangle arrows Continue reading “All Hail the Global 100, the Highest-Grossing Law Firms in the World”

From buying their family’s love to buying luxurious lawyerly lairs, attorneys at the nation’s largest firms do a lot of things with their wallets — and now they’re voting with them, too. Earlier this month, we brought you a story about Obama v. Romney in terms of which presidential candidate was leading in the race to collect campaign contributions from the wonderful world of Biglaw.

At present, Obama has an advantage over Romney, with $1.9 million pouring in from America’s 20 biggest firms, as opposed to just over $1 million for his opponent. When we last wrote about this important issue, lawyers from DLA Piper proved to be Obama’s greatest supporters, while Kirkland & Ellis showed up strong for Romney. But what we really want to know is which other firms are opening their hearts wallets for these political adversaries.

With only a little more than a month until Election 2012, let’s take a look at the firms that are making some of the largest (and smallest) political donations….

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Money. Politics. Corruption. HORSE RACE!

Between now and the election, there are going to be a ton of stories about who is up and who is down. Barack Obama is enjoying a modest convention bounce, and with daily tracing polls, the media will have plenty of opportunities to tell us who’s winning while we wait for America to actually vote.

But there are other ways to pick winners and losers. Taking a look at fundraising is a good way to look at who is going to be able to “blitz” the airwaves with a mind-numbing array of ads. Money raised also gives us a way to look at the “enthusiasm” the candidates enjoy among their key constituents. And as we all know, “blitzing” airwaves makes people “enthusiastic” about “moving to Canada.”

I mean, I find it hard to believe that there are people who haven’t yet made up their mind as to who they are going to vote for. Mitt Romney has been running for president for eight years. Obama has been the president for four. The two parties support wildly different platforms. If last minute ads are going to influence your vote, you’ve got the mental capacity of a goldfish.

Of course, there are a few Biglaw firms who have contributed a lot of money to the candidates, they probably know just how stupid the American public can be….

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Biglaw litigators are to be feared in general, but certain Biglaw litigation departments strike fear into the hearts of their opponents like no others. BTI Consulting Group recently polled 240 in-house lawyers to determine which Biglaw firms they dread “see[ing] as lead opposing counsel in a litigation case.” Each year, after culling through all of the survey results, BTI names the “Fearsome Foursome” — the most-feared litigation firms in the country.

This year, while two litigation powerhouses remained on the list, two prominent Biglaw firms were edged out by other worthy victors. Another 15 firms were honored as “Awesome Opponents.”

So which Biglaw firms are the most feared when it comes to litigation? Let’s check out the latest rankings….

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David Bernick

As we just noted in Non-Sequiturs, the litigation powerhouse of Boies Schiller & Flexner has managed to fill the — possibly peep toe? — shoes that were recently vacated by Elizabeth Wurtzel. Trading one famous name for another, the firm just hired celebrated litigator David Bernick (as reported earlier today by Thomson Reuters).

So it seems that there will be two David B’s in the building. Boies Schiller was founded, of course, by the legendary David Boies, one of the greatest litigators of our time — known for his work on such marquee cases as Microsoft, Bush v. Gore, the Perry / Prop 8 case (which could end up in the Supreme Court), and too many others to mention.

Let’s take a closer look at David Bernick’s résumé, and analyze what his arrival means for BSF….

double red triangle arrows Continue reading “Musical Chairs: Star Litigator David Bernick Joins Boies Schiller”

* “I think this is destined to fail.” People are not happy with the proposed settlement plan for former Dewey partners, but who are they kidding? These people don’t exactly like to part with money — not even to hand out bonuses. [Am Law Daily (sub. req.)]

* Andrew Levander, a partner at Dechert LLP, is representing ex-Barclays chief executive Bob Diamond. Diamond hasn’t been charged with anything, but this white-collar defense lawyer’s apparently been on his side since 2010. [WSJ Law Blog]

* Money talks: lawyers and law firms are the top donors by industry to presidential campaign funds, with Kirkland & Ellis leading for Romney, and DLA Piper for Obama. [Capital Business Blog / Washington Post]

* Escándalo! Louis Freeh’s report revealed that PSU’s “seriously deficient” counsel billed a whopping 2.9 hours on an incident involving Jerry Sandusky’s locker room shower with a young boy. [Centre Daily Times]

* But here’s where the football chatter comes in (not that I know a lot about football): legal experts say Freeh threw an “incomplete” with this report, because it didn’t go far back enough in time. [New York Daily News]

* Sorry, lady, but you didn’t need to attend a Justin Bieber concert for his music to allegedly cause permanent damage to your ears to the tune of $9M. All you really needed to do was turn on the radio. [Chicago Tribune]

It’s been a while since we’ve had a good New York to 190 post. As we’ve discussed before, associate salaries at New York law firms are long overdue for a raise. Starting salaries have stagnated in New York.

What’s worse, total associate compensation has gone down this year from last year, thanks to Cravath’s low bonus and the absence of spring bonuses. The buying power of a New York associate is pathetic.

But one new firm in New York seems poised to change that. The firm isn’t nearly as big as our salary market leaders, but the firm is leaving the stagnated Cravath salary scale in the dust…

double red triangle arrows Continue reading “New York to $180K. I’m Totally Serious.”

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