Last September, we wrote about the mysterious departure of Lee Smolen from Sidley Austin. Smolen, former head of Sidley’s real estate practice in Chicago and a member of the firm’s executive committee, departed without comment or a known destination. When that happens, something interesting is usually afoot.
Earlier this month, the other white shoe dropped. A lawyer ethics commission in Illinois leveled charges against Smolen arising out of his time at Sidley.
What has he been accused of? And what does his new law firm have to say about it?
But this has started to change over the past few years, as managing partner Thomas Reid discussed in an August 2011 interview with Am Law Daily. In the August 2010 to August 2011 period, DPW hired a half-dozen prominent lateral partners.
And the lateral hiring spree continues (although not without the occasionalsnag). Let’s hear about Davis Polk’s latest high-profile hire, a new lateral partner at Paul Hastings, and an addition to the leadership of Orrick….
Elite law firms and the Mafia would appear to be worlds apart. Biglaw firms represent all sorts of unsavory characters, but these clients tend to steal using computers rather than cudgels. When you wear white shoes, you don’t want to get them splattered with blood.
But there are commonalities. Both Biglaw and Big Crime are large and lucrative enterprises. They’re intensely hierarchical and often ruthless.
There are cultural similarities as well. As noted in these pages by lawyer turned therapist Will Meyerhofer, “Some big law firms are like the mob. They do ugly things, but prefer to avoid ‘ugliness.’” Instead, there’s a lot of indirection and passive-aggressiveness.
So perhaps it shouldn’t be surprising to learn that a leading defense lawyer to Mob figures has joined “the family” — the Biglaw family, that is….
While summer associates are present, certain subjects are off-limits. Don’t talk about that group of partners with a huge book of business that’s going to defect any day now. Don’t talk about that salacious lawsuit against the firm that’s still pending.
And don’t talk about layoffs — of staffers or lawyers or both. Reductions are such a buzzkill….
If you have a friend who might be interested in serving as the general counsel to a leading technology company, you might want to give that person a poke. As we mentioned earlier today, a top job is about to open up: Ted Ullyot plans to step down as GC of Facebook in the not-too-distant future.
What types of issues has Ullyot tackled in his time at Facebook? How well has he been compensated in his role? Where might he be headed next?
Let’s look at some SEC filings, as well as his departure memo….
If you’re a big corporate defendant hoping to be represented by Sheila Birnbaum and you head over to Skadden Arps, sorry — you’re out of luck. Your princess is in another castle.
The so-called “Queen of Toxic Torts” is about to leave her longtime realm. Birnbaum, the legendary litigatrix who currently serves as co-head of Skadden’s mass torts and insurance litigation group, is decamping to a rival.
So where is Birnbaum taking her talents — and her bulging book of business, estimated at more than $30 million? And is anyone else going with her?
(Multiple UPDATES, including Skadden’s internal memo, after the jump.)
As both trial lawyers and journalists well know, there are (easily more than) two sides to every story. The same underlying events can give rise to completely different narratives, depending on whom you talk to.
Yesterday we wrote about Weil Gotshal’s reaction to losing two litigation partners to Quinn Emanuel in D.C. Since our story was published, we’ve heard from multiple sources who vigorously dispute our prior tipsters’ version of events….
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