Ed. note: This is the first 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.
BuckleySandler LLP landed a big fish in Los Angeles. With the firm’s recent hiring of Richard Gottlieb, a well-known class action defense litigator, and Fredrick Levin, a class action and securities litigator, the partners confirm that BuckleySandler’s Los Angeles office (and soon-to-be-opened Chicago office) are serious contenders in the quest for lateral partners. Gottlieb is a heavy hitter in the consumer finance and mortgage class action space, and he developed a very significant book of business with a national client base.
No one enjoys driving in Los Angeles. There’s smog, hours of backed up traffic, and occasional car chases. Angelinos can now add one more item to their reasons to hate driving — an area attorney waiting to beat the hell out of them.
“Road rage” is a fact of life in Southern California. Remember this clip from L.A. Story? But people like to — unfairly — think of road rage as a phenomenon afflicting working stiffs, not well-heeled professionals.
However, a veteran attorney lost his cool in a roadside brawl with another motorist in business attire just off the 405 in Van Nuys.
* When it comes to medical marijuana prosecutions, the government is supposed to have “bigger fish to fry,” but it looks like even the Department of Justice couldn’t resist reeling in one last big catch. [New York Times]
* According to the results of this study, if you want to do well in law school, you should probably stop being so damn awkward, scale back your antisocial habits, and consider joining a study group. [National Law Journal]
* “[U]nder American law, anyone interesting is a felon.” This Columbia Law professor argues that the legal system failed Aaron Swartz because he was treated like a criminal instead of a deviant genius. [New Yorker]
* Porn stars in Los Angeles are challenging the constitutionality of being forced to wear condoms during filming — because the transfer of STDs is “constitutionally protected expression.” [Courthouse News Service]
* So, it looks like Lindsay Lohan fired her best gal pal in the world: her lawyer. But sometimes you have to fire people when you allegedly owe them oodles of money to the tune of $300K and you don’t have any. [Daily Mail]
Back in 2011, the National Association for Law Placement (NALP) produced an extremely useful chart for people trying to figure out where to start their Biglaw careers. The chart, which tracks buying power based on starting salaries for associates, is a great way to find out where you’ll get the most bang for your buck if you land a lucrative Biglaw gig.
NALP’s Buying Power Index continues to use New York City ($160,000) as the baseline. It takes the median starting salary for the class of 2011 and the cost of living index for NYC and sets that figure at 1.00. Cities with a better purchasing power than NYC have a value greater than 1.00. In all, 76 cities have been ranked.
When we first wrote about this, associates in New York City were crestfallen when they found out that their city was number 42 on the list — they realized they were essentially throwing their money down the drain. This year, NYC has tumbled even further down the list.
How badly are they getting screwed, and where can you go if you want greater purchasing power?
* What happens if a Supreme Court clerk violates the Code of Conduct and leaks information to the press at the behest of a justice? At worst, he’d probably be forced to wash dirty socks from the SCOTUS morning exercise class. [National Law Journal]
* “[T]he great expectations when he was elected have not come to fruition.” Making judicial nominations wasn’t a high political priority, so President Barack Obama will be ending his term with just 125 lower-court appointments in the federal judiciary. [New York Times]
* If there’s anything that Paul Ryan’s good at, it’s soliciting money from lawyers and Biglaw firms. Alston & Bird tops the list of legal campaign contributors, with Patton Boggs in a close second. [Am Law Daily (sub. req.)]
* Apparently the female reproduction system shuts down to prevent conception upon rape. This improbable tidbit from a man who sits on the House Committee on Science, Space, and Technology. [Wall Street Journal]
* But a great way to take some of the heat off of the “legitimate rape” dude is to break news about another Congressman’s nude swim in the Sea of Galilee while in Israel. Excellent work on this distraction. [POLITICO]
* What crisis? Despite a steep decline in applicants, the average law school’s tuition will climb by more than double the rate of inflation this fall. It’s really heartwarming how they put students first. [National Law Journal]
* Customs agents in Los Angeles seized 20,457 pairs of faux Christian Louboutins that would’ve been worth approximately $18M. For this heinous crime of fashion, the offending shoes will undergo a trial by fire. [CNN]
* Karma sure is a Blitsch. Matthew Couloute, the alleged lawyerly Lothario who got slammed by his exes on LiarsCheatersRUs.com, is now being slammed by someone else: his soon-to-be ex-wife. [New York Post]
* Beauty school dropout, no pube hair trimming days for you! Seventeen female plaintiffs have alleged that a cosmetology instructor subjected them to less-than-sanitary lessons in a federal suit. [New York Daily News]
* “I don’t think I should have to pay anything back, because I wasn’t part of the management that drove the firm into the ground.” Dewey know when it’s time to stop complaining, pay up, shut up, and move on? [DealBook / New York Times]
* Good news, everyone! According to the Citi Midyear Report, based on the first half of 2012, Biglaw firms may have trouble matching last year’s single-digit profit growth. You thought the worst was over? How embarrassing for you. [Am Law Daily]
* Apparently Andrew Shirvell didn’t do a very good job questioning himself on the stand, because the former Michigan AAG now has to shell out $4.5M in damages for defaming Chris Armstrong. [Detroit Free Press]
* Six of one, half a dozen of the other: Barry Bonds’s lawyers filed a reply brief in their appeal of his obstruction conviction, arguing that his statements were truthful but nonresponsive, as opposed to being misleading. [AP]
* “We’re crazy about sex in the United States. I call it ‘sexophrenia.’” The Millionaire Madam’s attorney had a nutty yesterday after a judge refused to dismiss a prostitution charge against his client. [New York Daily News]
* The opposite of a fluffer? Los Angeles officials seeking to enforce the city’s new adult film condom law are beginning a search for medical professionals to inspect porn shoots for compliance. [Los Angeles Times]
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.
We’ve all had bad flying experiences. It is just part of life in modern America. My colleague Elie has been groped by the TSA, everyone has to deal with humorless flight crews, and even the lead singer from Green Day has been kicked off a plane for not pulling his pants up high enough. The list goes on.
Still, our Lawyer of the Day created quite a stir on a Continental flight from Los Angeles to Houston, even by today’s standards. Let’s meet the Mile-High Flasher, who also happens to be (for now) a lawyer in good standing in California and a graduate of Loyola Law School in New Orleans…
If there was ever a place where your self-esteem could be crushed just by stepping into an airport, Los Angeles is it. Being a New Yorker, I had the high-minded misconception that New York was the mecca of beautiful people, especially in summer. Wrong. I’ll end this tangent with the statement that I saw more perfectly tanned, toned, muscular, and ridiculously in shape people in the 15 minutes it took me to walk to baggage claim in LAX, than I have in my entire time in the Big Apple.
I was in L.A. to present at ACC’s Corporate Counsel University (“CCU”). CCU is a two-day nuts to bolt immersion program for folks who are new to in-house positions. It’s relatively small compared with the Annual Meeting, 200 or so attendees, but I have enjoyed presenting at this conference more than any other, because I can so readily identify with being new to in-house and feeling overwhelmed about how much I did not know….
Lat here. Not long ago, Elie and I debated the merits of Harvard Law versus Yale Law, in response to a request for advice from a prospective law student lucky enough to be choosing between HLS and YLS. Then we opened up a reader poll, in which about 60 percent of you urged the 0L in question to go to Yale.
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past seven years. You can reach them by email: email@example.com.
Things have changed recently in Korea – a few of our US and UK client firms are looking, very selectively, for a lateral US associate hire. Until just recently, there was not much hiring like this going on in Korea, since US and UK firms started opening offices there. We have already placed two US associates in Korea in the past month at top firms. Most of the hiring partners we work with in Korea do not actively work with other recruiters.
If you are a Korean fluent US associate in London, New York or another major US market, 2nd to 6th year, at a top 20 firm, with cap markets or M&A focus (or mix), or project finance background, and you are interested in lateraling to Korea to a top US or UK firm, please feel free to reach out to us at firstname.lastname@example.org or email@example.com. Our head of Asia, Evan Jowers, was just in Korea recently, and Evan and Robert Kinney will be in Korea in a few weeks. We are in the process of helping several firms open new offices in Korea (a number of which are interviewing our partner level candidates) and also helping existing offices there fill openings.
Professor Joel P. Trachtman has developed a unique, practical guide to help lawyers analyze, argue, and write effectively.
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For most attorneys, time spent managing the books is a necessary evil at best. Yet it is undeniably a crucial aspect of running a successful practice. With that in mind, we invite you to view or download a free webinar by Above the Law and our friends at Clio to learn how to better manage your finances.
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