Has your soul winced at all today? The kind of wince that feels like your junk has retreated deep into your abdomen in a way that makes you mostly nauseous… but also a little excited? No? Well, YOU’RE WELCOME, because here’s your chance. Actually, though, don’t thank me — thank a partner at one of Biglaw’s biggest and baddest firms, whose departure memo will leave track marks in your brain for at least the next three days.
Our partner, Garrett Waltzer, started off with the usual sentiments: After 24 years practicing at Skadden, in both Los Angeles and Palo Alto, he’s grateful for the professional opportunities, the terrific mentoring, the millions of dollars friendships he’s made, yada yada yada. Then he starts to tease us:
I have decided to start a new phase of my life. I do not plan to practice law.
Hm. OK. Well, Waltzer, what do you plan to do then? The answers await you after the jump, in what will likely heretofore be known as Chapter 1 of the Mid-Life Crisis Manual handed out to all new associates at Skadden and beyond….
It’s the last day of December, so it’s a good time to look back on the year that was. We’ll do what we’ve done for the past three years (wrap-up posts from 2009, 2010, and 2011 can be found here, here, and here) and identify the ten biggest stories of the past year as decided by you, our readers. With the help of Google Analytics, we’ve compiled a list of our top ten posts for 2012, based on traffic (as represented by pageviews).
By the way, for the third year in a row, the most popular category page on Above the Law was Law Schools. People have now been intensely focused on the declining value proposition of going to law school for as long as it takes to earn a Juris Doctor degree. Isn’t it time that we graduate from the current educational model?
The second and third most-popular categories on ATL in 2012 were Biglaw and Bonuses. Although this year brought us the largest law firm failure ever, nearly all other firms indiscriminately doled out offers to summer associates, and bonus season looked better for the first time in years. While the legal profession is still in transition, things are certainly looking up, and through the highs and the lows, we’ve been there to cover it all.
So what were the ten most popular individual posts at Above the Law in 2012? Let’s find out….
It’s been quite some time since we last wrote in great detail about wedding litigation; in fact, it’s been almost a year. Could that possibly mean that the bridezillas of the world have been happy with how their magical days have turned out? Maybe everybody is happy now that Elie is marrying people. Eh, doubtful. Besides, they’ve probably still got plenty of time before the applicable statute of limitations runs out.
But when a bridal litigant thinks that someone’s actually ruined their wedding day, you can be damn sure that she’s going to sue, and quickly, especially when the thing at the heart of the potential lawsuit is the wedding gown itself. Pretty much every bride looks at the wedding gown — and how beautiful they look in it — as the thing that people will remember most about their big day (but no matter how fabulous the dress, if the food sucks, you’re probably going to be screwed as to what your guests will take away from the overall experience, sorry about that).
Anyway, the plaintiff-bride in this wedding lawsuit was pissed off, and rightfully so, because thanks to the faulty alterations on the gown, she couldn’t even use the bathroom on the day she got married….
The Supreme Court’s 2008-2009 Term resulted in many notable decisions, including Ricci v. DeStafano and NAMUDNO v. Holder. It also resulted in some epic romances among the law clerks who ruled the building that year. This edition of Legal Eagle Wedding Watch features an astounding five Supreme Court clerks, all from that steamy OT ’08 class.
With five SCOTUS clerks — plus one former White House counsel — this is sure to be one prestige-drenched competition. Settle in, wedding watchers. Here are your finalists:
Many women dream of having it all, but some find that it’s just not in the cards. That being said, sometimes when women lawyers get married and decide to start having children, they leave the law — but the law never leaves them. They’ll always hang on to that knowledge for safekeeping if the need ever arises.
Today, we’ve got a story out of California about how a former lawyer used her knowledge of the law to keep milking alimony and child support payments out of her ex-husband. She certainly figured out how to “have it all.”
Here’s a lesson for all of the men out there: just because your ex-wife wore a wedding dress does not mean she’s remarried in the eyes of the law….
The issue of gay marriage can be divisive, but the book has in many ways been uniting. In addition to bringing together Corvino and Gallagher — who have done numerous joint events to promote the book, despite their very divergent views — even the book’s blurbs have made for strange bedfellows. In the words of Dan Savage, author of the Savage Love sex advice column, Debating Same-Sex Marriage “is the first and, without a doubt, the last book in the whole sordid history of books that will be blurbed by both me and Rick Santorum.”
Over the weekend, I interviewed Corvino about the issues discussed in the book, with a focus on legal issues relating to same sex-marriage….
On Friday, I took a little trip to the New York County Clerk’s office to become registered as a marriage officiant in the state of New York.
Let me say that again: I can now legally marry people. Like a mayor. Or a ship’s captain.
Going through the process of becoming a marriage officiant has given me a wonderful look at the state of our marriage laws, and my hours at the clerk’s office were the perfect icing. Let me say just say that the closer you get to the legal process of marriage, the more ridiculous gay marriage opponents appear.
I mean, come on, if I can legally marry people, how “sacred” or “traditional” is the institution of marriage really? Besides, have you looked at some of the man/woman combinations that are getting married these days? I just think we are inviting God’s judgment on our nation when we shake our fists at Him and say, “Instead of helping the poor or sick or infirm, we’re all going to eat chicken sandwiches to show that we’ll defend as sacred something that can be done in two hours at the freaking clerk’s office.”
Let’s just say that the number of gay people getting marriage licenses was dwarfed by the number of men standing their with pregnant girlfriends looking like their balls were being held in a vise grip….
There are many ways that lawyers can advertise their services to the general public, such as television commercials and print ads in the telephone book. But entertaining lawyer billboards are a favorite of ours; they have generated excellent material for some of Above the Law’s own caption contests.
Apparently they’re also great fodder for marriage proposals, as one Texan proved this past weekend….
* In a Supreme Court decision split across gender lines, prosecutors can now get a do-over on criminal charges without double jeopardy, even if an otherwise deadlocked jury unanimously rejected them. [New York Times]
* And yet another day ended without a verdict in the John Edwards campaign finance trial, but the jury asked to review every exhibit in the case. The former presidential candidate must feel like he’s being punk’d. [CNN]
* The DOJ found that two prosecutors in the Ted Stevens case committed reckless professional misconduct punishable by unpaid time off. Looks like they’ll be getting an extended Memorial Day break. [Blog of Legal Times]
* Hot on the heels of Obama’s announcement in support of gay marriage, yet another California judge has found that DOMA is unconstitutional (along with a provision of the tax code). [Poliglot / Metro Weekly]
* Occupy Wall Street is suing for $48K over the destruction of the group’s “People’s Library” after their eviction from Zuccotti Park. But let’s get real, who wants used books that reek like patchouli and pot? [Bloomberg]
* More than one million “de facto spouses” in Quebec may soon be automatically married by the state against their will. Imagine how much fun it’ll be to get a divorce from someone you never actually married. [Slate]
* Two waitresses who claim they were fired for complaining about their former employer’s “no fatties” policy will get to bring their $15M lawsuit before a jury. Hopefully Peter Griffin isn’t a juror. [Law & Daily Life / FindLaw]
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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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: firstname.lastname@example.org.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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