* While “Dewey remains a great firm with terrific lawyers” for the time being, check back in after five percent of the firm’s attorneys have been laid off. Then tell us how great and terrific things are, we dare you. [DealBook / New York Times]
* The University of St. Thomas School of Law really “take[s] data accuracy very seriously.” That’s why the employed at graduation rate the school reported to U.S. News was off by 47.7 percentage points, right? [National Law Journal]
* John Edwards has a judge’s permission to use Rielle Hunter’s lawyers at his campaign finance trial. Mmm, there’s nothing like getting some legal sloppy seconds from your former mistress. [Bloomberg]
* After two days of deliberations, jurors in the Dharun Ravi privacy trial still haven’t reached a verdict. Just think, if he had taken the plea, he wouldn’t be worrying as much about deportation right now. [New York Post]
* If Hemy Neuman’s delusions about Olivia Newton-John were about getting physical, instead of getting murderous, maybe he wouldn’t have been sentenced to life in prison without the possibility of parole. [CNN]
* It’s the most wonderful time of the year: March Madness! Are NCAA bracket pools legal in your office? It depends. Either way, all I know is that I’ll be betting on Lehigh. Go Mountain Hawks! [Businessweek]
Get your brackets ready, March Madness is here! It’s the most wonderful time of the year, at least for those who enjoy illegally gambling with co-workers.
Every year, we here at Above the Law like to put together a little bracket of our own. In the past, we’ve asked you to vote for such things as the coolest law firm or the douchiest law school.
This year, we’ve come up with a question that you don’t hear a lot of people asking when they’re talking about pursing a career in law: Which law school is the most honest?
Don’t start checking youLST transparency index just yet. Sure, being honest to prospective or incoming students can be a factor in a law school’s reputation for honesty. But we want to look at this question in the broadest possible sense….
The votes have been tallied, and we have a new champion. The Coolest Law Firm in the land, according to you, the readers of Above the Law, is Davis Polk. DPW crushed Sullivan & Cromwell in the final vote. It was a good run for S&C, but I guess people who aren’t attractive enough to work at Davis Polk want what they can’t have. It’s kind of like high school.
Actually, it’s a pretty big week for DPW. Not only did they win the tournament, the firm is now under new management!
While the real NCAA men’s basketball tournament has devolved into a three-point shooting exhibition, the ATL bracket pits an irresistible force against an immovable object: Davis Polk versus Sullivan & Cromwell, or hot versus rich.
Check out the bracket below and start mulling things over. One of these firms will be named the “coolest” in all the land…
There haven’t been any VCU-style upsets in our Coolest Law Firm Bracket. That’s probably because lawyers don’t like upsets. Lawyers get paid to make sure no “surprises” happen; lawyers like things to proceed in a predictable and organized fashion. Sure, Davis Polk (ranked #5 by Vault) topped Skadden (ranked #4) in the Elite Eight. But the real surprise there is that the gargantuan-sized Skadden couldn’t whip up enough of its own people to vote it through to the next round.
As we move into the Final Four, we’ve got some intriguing match-ups. On one side of the bracket, people will have to choose whether or not making money is cooler than being attractive. On the other side of the bracket, we’ll answer the question: Is being “first” more important than being “best”?
We will have a new winner in this year’s Coolest Law Firm contest. When Above the Law first ran this bracket back in 2008, you picked Latham & Watkins as the victor. This time around, they got… Lathamed, in the first round. Cravath crushed Latham by a 60% – 40% margin. That was the second-highest margin of victory among all of the first-round match-ups.
As we move into the Elite Eight, some of our readers are asking us to give a more clear definition of what is “cool.” We respectfully decline to do so. It’s up to you to tell us what makes a top law firm cool. Is it job security, making maximum bank, prestige points? It’s really up to you. Personally I think the coolest law firm would be the one most likely to represent bad-ass clients on the correct side of moral issues, but… eeek, that’s not really what Biglaw is all about.
So bring your own prejudices to the table when you vote in the next round of the Coolest Law Firm Tournament. Use whatever reasoning makes sense to you. Just don’t go with chalk because you can’t be bothered to actually form an opinion — don’t be boring, son….
Every year, in honor of the NCAA Men’s Basketball Tournament (Pervis Ellison is not walking through that door, Louisville fans), Above the Law runs a law-related bracket. Law firms or schools advance based on the outcome of reader polls.
We’re past the first round of our Best City to Practice Law, March Madness bracket. Last week saw a few upsets in terms of overall city population, but few true surprises:
This is good for ATL office pool participants Kash and Lat. They are both tied for first place having picked 7 of the 8 match-ups correctly in round one. Elie’s lagging behind, with only 6 of 8 correct — Elie has a whole new reason to hate the denizens of Houston who couldn’t even show some civic pride and vote for their stupid city. [If you want to check out how the real NCAA brackets are going, check here. Elie's in 30th (thanks Georgetown), while Kash is 21st and has "Kansas" losing to Michigan State this round anyway.]
Today we’re tackling our regional finals in the East and South. In one corner, we have two bastions of East Coast intellectualism (and elitism). In the other corner, we’ve got a high quality of life that is occasionally interrupted by truck nutz. It should be a spirited debate, let’s get to it…
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.
Are you challenged by the costs and logistics of maintaining your office, distracting you from the practice of law?
Many small firms are successfully moving part—or even all—of their practice to a virtual setting. This even includes multi-jurisdictional practice spanning several states and practice areas, although solo and small partnerships are still the largest adopters of virtual law.
Can you do the same? The new article Mobile in Practice, Virtual by Design from author Jared Correia, Esq., explores how mobile technology bring real-life benefits to a small law firm. Read this new article—the next in Thomson Reuters’ Independent Thinking series for small firms—to explore how a mobile practice:
Everyone is talking about the importance of Social Media in Corporate America. But it is relatively safe to say that most law firms and lawyers are slightly behind the social curve. Most lawyers, at minimum, use LinkedIn, for networking. Some even use Twitter for pushing out short, pithy content, while many have Blogs, where they write their little hearts out. The adage “it is better to give than to receive” is not always true though in the world of Social. In the Social World – it is best to listen, give back and engage.
Social Media is a communications tool that can deeply educate you about the needs and wants of your clients and prospects when used in conjunction social media monitoring and sharing tools.
Take this quick quiz and see if you know how to use Social to help you engage more with your clients or to better service the ones you have.