The people building 1 World Trade Center still seem to be having trouble attracting big-time tenants. Especially law firms. Previous reports have indicated that Mayer Brown and Morgan Lewis have backed out of deals to take up residency in the new tower.
The latest law firm deal to fall through appears to be that of Chadbourne & Parke. In January, the New York Times reported with much fanfare that Chadbourne & Parke would be a “prime tenant” a 1 WTC. But this week, the New York Post is reporting that the deal has fallen through.
Chadbourne, currently housed at 30 Rock, doesn’t have to go downtown, but it can’t stay where it is. So where will Chadbourne be going?
Now, fabulous though they may be, beach houses in the Hamptons and Playboy model girlfriends sound… a bit flashy, a trifle arriviste. Some might view them as not very white-shoe, and not what you’d expect from partners of the oldest continuing Wall Street law practice in the United States. (Sure, some old-money people have places in the Hamptons, but these days the locale appeals more to celebrities.)
Thankfully there are some CWT partners who are kicking it old school. They live in exclusive prewar coops on Manhattan’s Upper East Side. No lofts in Tribeca or Soho — or, God forbid, Brooklyn — for these genteel types.
Let’s look at the Lawyerly Lair that a senior Cadwalader lawyer recently acquired — on Park Avenue, one of the world’s legendary thoroughfares — for just a shade under $6 million….
Remember Todd Remis? How couldn’t you? He’s the disgruntled groom with a Biglaw daddy whose ridiculous lawsuit against his wedding photographer made national news when it hit the New York Times. Why so ridiculous? Because he decided to sue six years after the wedding and one year prior to his divorce being finalized (and he continued to prosecute the suit even after the divorce).
At first glance, Remis’s suit seemed like a simple contract dispute. But thanks to Above the Law, he acquired the title of “groomzilla,” due to deposition testimony where he stated:
“I need to have the wedding recreated exactly as it was so that the remaining 15 percent of the wedding that was not shot can be shot.”
Many publications took our “groomzilla” title and ran with it, leaving Remis as the butt of many jokes. But now, more than two months after the story first broke, Remis has emerged from hiding to combat the New York Times version of his lawsuit. Remis wants to tell his side of the story, and he’s got a website to prove it….
Ever since his heavy-handed lawsuit against his wedding photographer made national news, litigious groomzilla Todd J. Remis has been the butt of many jokes. And he’s also been the subject of much speculation, to wit: What the heck was he thinking?
The lawsuit seems inane and insane (especially when you consider that Remis and his wife are no longer married). But there must be an explanation, right? Todd Remis — a graduate of Bowdoin College, and a former research analyst at several Wall Street firms — is clearly an intelligent man. And his father, Shepard M. Remis, is a litigation partner at Goodwin Procter. So it’s not as if the aggrieved groom lacked access to wise counsel.
A college friend of Todd Remis tries to shed some light on the situation….
Since we first started covering ridiculous wedding-related lawsuits, we’ve found that the vast majority of the plaintiffs have been women — bridezillas, if you will. But we must warn you, readers, that there is another kind of ‘zilla lurking out there.
This elusive creature is known to hide beneath layers of chiffon and tulle, and will emerge only if angered terribly by wedding vendors. By that time, it is too late to escape, and the unknowing victim will face the wrath of the mythical beast known as the groomzilla.
Today, we have terrifying news of a groomzilla sighting in Manhattan. Why so frightening, you ask? Because this groomzilla is armed with the ultimate weapon: his father is a Biglaw partner.
Which firm is championing this groomzilla’s absurd requests?
Our candidates for the coveted Lawyer of the Month title have been a bit tame for the past few months. This time around, we’ve chosen some lawyers and law students who represent our more prurient interests and our unabashed love for scandal.
Anthony Weiner at today's press conference (via Getty Images).
* Kashmir Hill’s take on Weinergate. She shares my admiration for Rep. Anthony Weiner’s sculpted physique, as showcased in his shirtless pics. [Not-So Private Parts / Forbes]
* Charles Colman poses a question for intellectual-property types to puzzle over: “at what point is a slogan so descriptive that it would simply be unreasonable to let just one company use it”? [Law of Fashion]
* Ross Fishman asks: How can law firms in smaller cities and legal markets generate inbound referrals? [Ross's Law Marketing Blog]
In between Christmas and New Year’s, while most of us were stuffing our faces, celebrated litigator David Boies was stuffing his own stocking — with a magnificent New York apartment. Last year was a good one for Boies Schiller associates, at least based on their bonuses. And it probably was a good one for their boss, at least based on his latest real estate purchase.
There’s no need for Boies to feel guilty, though, since it seems he got a bargain. From Bloomberg:
David Boies, the antitrust lawyer who took on Microsoft Corp. and represented Al Gore in the contested U.S. presidential election of 2000, bought a seven room apartment overlooking New York’s Central Park for $7.75 million after the price was reduced by more than 20 percent.
Boies, chairman and founder of New York-based law firm Boies, Schiller & Flexner LLP, purchased a two-bedroom unit at the Sherry-Netherland hotel on Fifth Avenue and 59th Street, according to city property records. The original asking price was $9.95 million, according to listing service StreetEasy.com.
More details, plus photos of the fabulous pad, after the jump.
So you spent a considerable amount of time courting, selling and maybe even doing some friendly stalking of that attractive lateral partner candidate with a sizable book. After he or she ignored your emails and didn’t return your calls, a few weeks go by and you read a press release in the legal media announcing the recent move to a competing firm.
Rats. Another one got away from you. You cringe when you consider how much time was spent in meetings that did not bear fruit. Your heart aches when recall how you were led to believe this was a marriage made in heaven.
You have been rejected.
The sting of rejection is painful, even for fancy law firms. But you need to find a way that you can turn this disappointment into a legitimate learning experience.
No, this isn’t a pre-party before we come back next fall for the real thing. This IS the real thing. Quinn Emanuel is pushing the envelope on recruiting. The party is now. This is when you meet the partners and associates face to face. This is when we begin the dance that could land you an offer for your second summer BEFORE school starts in the fall.
First: You come to the party. Second: If you like us, you send your resume after June 1, 2014. Third: If we like each other, you get an offer.
We’re not waiting for fall. We’re not doing the twenty minute thing. This party is the real thing!
We hope you’ll join us, and look forward to meeting you.
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 six years. You can reach them by email: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months (Robert Kinney and Evan Jowers will be in Hong Kong again March 15 to 23), and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.
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