Morgan Lewis

In our last report on the beleaguered Bingham McCutchen, we predicted that its partners would vote in favor of the proposed merger with Morgan Lewis — even if some of them might get de-equitized as a result. Why? Because “it’s not clear that Bingham has better options.”

Talk about understatement. Maybe this is fearmongering to get Bingham partners to approve the deal, but check out what management is saying might happen if this deal doesn’t go through….

double red triangle arrows Continue reading “The Rise And Fall of Bingham McCutchen”

FYI Jami and Therese: On Wednesdays, we wear pink!

* SCOTUS justices added 11 cases to this term’s docket yesterday following their megaconference earlier this week. Alas, no same-sex marriage cases have been added yet. [New York Times]

* The Fifth Circuit allowed Texas to enforce its new abortion clinic restrictions. The only thing that will stop its “devastating impact on abortion access” is SCOTUS intervention. [MSNBC]

* Two more women just joined the ranks of the highest tier of Biglaw firm leadership. Congrats to Jami Wintz McKeon of Morgan Lewis and Therese Pritchard of Bryan Cave. [WSJ Law Blog]

* Gibson Dunn poached a prominent partner from U.K. firm Ashurst following his fall from grace as its leader last year. He’s thrilled to work for “one of the strongest U.S. firms around.” [Am Law Daily]

* The Thomas Jefferson School of Law may be “California’s worst-performing law school,” but it certainly performs well in terms of providing entertainment for those who are big fans of schadenfreude. [City Journal]

* Many schools pay their grads to count them as employed — but not UNC Law. Its career services office is aware that “jobs don’t grow on trees,” but hey, at least they’re trying to be transparent. [Daily Tar Heel]

It doesn’t seem like now is a particularly good time to be suing a Biglaw firm. Much like the old adage, when it rains it pours, and the victories just seem to be piling up on the Biglaw side.

Today’s update is from an age discrimination claim filed last year…

double red triangle arrows Continue reading “Another Biglaw Victory Against A Contract Attorney”


Sometimes, the internet seems to exist largely in order to rate things. User-generated and unverified reviews of everything from movies to cars abound. The thing with this proliferation of ratings, be they on Yelp, or Amazon, or whatever, is that we usually don’t have any idea whether or not the reviewer has any basis for his rating. (In fact, the spoof product review has become its own literary micro-genre.)

Spurious or baseless ratings are not a problem when it comes to ATL’s Insider Survey (17,300 responses and counting — thanks everyone!), in which practicing attorneys and current students evaluate their own schools or employers. Among other things, our survey asks attorneys to nominate firms with over- and underrated practices within the respondent’s own practice specialty. Litigators nominate litigation departments, etc.

Which firms do those in-the-know consider to be better (or weaker) than their reputations?

double red triangle arrows Continue reading “Over- And Underrated Biglaw Practice Groups”

Earlier this month, we reported on Bingham McCutchen and Morgan Lewis & Bockius’s agreement to merge. The 750-lawyer Bingham firm has been going through a rough patch lately, so news of the deal with 1,200-lawyer Morgan Lewis sounded like a rescue to some observers.

But rescues come with terms and conditions. What are the ones at issue here? There’s good news for some Bingham partners, and bad news for others….

double red triangle arrows Continue reading “What Needs To Happen For the Bingham / Morgan Lewis Deal To Proceed”

She’s not a porn star, she’s a law student. We could see where you might be confused by that one.

* Now that we know Eric Holder is resigning, there’s been speculation as to where he’ll go next. The obvious choice is a return to Covington & Burling, but he could still surprise everyone. [National Law Journal]

* “Judicial campaign cash is burning a hole in the Constitution.” State court judges are pumping money into their election campaigns, and some have been left to wonder about its true price. [New York Times]

* Details have emerged as to conditions that must be met for Bingham McCutchen’s proposed merger with Morgan Lewis: partner promises, de-equitizations, and forgivable loans, oh my! [Reuters (sub. req.)]

* In the wake of Dean Makau Mutua’s decision to step down at Buffalo Law, a “deep rift” among faculty has been brought to light. The school’s future doesn’t seem as “bright” as we were once told. [Buffalo News]

* A former law student who was falsely identified as a porn star on the radio had her day in court and pulled out a win. Here’s the money shot: she’s walking away with $1 million in damages. [Kansas City Star]

Ed. note: Stat of the Week is a new feature that pulls data points from ATL Research as well as noteworthy sources across the web.

Rumors of a Bingham McCutchen/Morgan Lewis merger were confirmed this week when news broke that the two firms had reached an agreement to combine. The firms have a lot in common in terms of financial metrics: for 2013, Bingham came in at $1.48 million for profits per partner and $960,000 for revenue per lawyer, while Morgan Lewis posted similar numbers, $1.57 million and $945,000, in those categories (according to Am Law).

Something the two firms don’t have in common? The direction they’ve been heading in….

double red triangle arrows Continue reading “Stat Of The Week: The Bingham / Morgan Lewis Merger”

September is shaping up to be a busy month for law firm merger news. On the heels of the Locke Lord / Edwards Wildman deal, we’re getting word that Bingham McCutchen and Morgan Lewis have reached an agreement to merge.

The news doesn’t come as a shock. Rumors of a Bingham/Morgan combination have been circulating for months. There was talk that such a deal could trigger some partner departures, and those departures have already come to pass (presumably removing from the picture some potential objectors to a merger).

Let’s have a look at what a Morgan Bingham — or Bingham Morgan, or maybe just a bigger Morgan Lewis, if no name change takes place — might look like….

double red triangle arrows Continue reading “Law Firm Merger Mania: Bingham McCutchen And Morgan Lewis Reach A Deal”

In the not-so-new normal, clients continue to refuse to pay full freight for inexperienced first-year attorneys to work on their legal matters — or, as one law firm recently mused, “client demand for first year associates has declined.”

What’s a Biglaw firm to do?

It seems that one firm has found a pretty good solution to this problem: make someone else hire those lawyers to work as junior in-house lawyers, and then bring them into the fold as associates after they’ve gained some real-world experience.

Which Biglaw firm has teamed up with a big bank — the biggest bank in the U.S. — for this program?

double red triangle arrows Continue reading “Biglaw Firm Figures Out A Way For Clients Not To Pay For First-Year Associates”

Observers of the legal industry have been wondering about the future of Bingham McCutchen for the past several months. In the wake of a rocky 2013, which triggered some lawyer departures and staff reductions, there has been a fair amount of merger talk.

Some have wondered whether Bingham might “fall victim to its own strategy” — i.e., whether the firm, which grew in power and profitability by swallowing up other firms, might itself get eaten up by a rival.

So what’s the latest on the Bingham merger talk front? And what might happen if the talks go further?

double red triangle arrows Continue reading “Could Bingham Merger Talks Trigger More Partner Departures?”

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