* Even at the top of the in-house food chain, women lawyers are still paid less than their male counterparts. But hey, at least they’re not being forced to cry poverty like their in-house staff attorney brethren. [Corporate Counsel]
* Neil Barofsky, the former King of TARP in the United States, is making the move to Jenner & Block, specifically because as opposed to all other firms, “Jenner took the side of really getting to the truth of the matter.” [Reuters]
* Luxury fashion is fun: four Biglaw firms, including Cleary Gottlieb, Cravath, Torys, and Proskauer Rose, all took Tim Gunn’s mantra to heart to make it work for the $6 billion sale of Neiman Marcus. [Am Law Daily (sub. req.)]
* If you want to try some lawyer, we hear that they taste great when poached this time of year. Speaking of which, Troutman Sanders just reeled in three attorneys from Hunton & Williams. [Richmond BizSense]
* Are you ready for some tax law?! The NFL and other professional sports leagues might lose their nonprofit status if new tax reform legislation makes it through the House and the Senate. [Businessweek]
* Want to know another thing that’s causing Biglaw to implode? All of these huge partner compensation spreads we’ve told you about are creating a “star culture,” and even law firm partners are capable of jealousy. [Am Law Daily]
* It looks like Charleston School of Law is the latest institution of legal education to be enticed and swallowed up into the for-profit InfiLaw System. Will a sale be next? We’ll have more info on these developments later today. [Post and Courier]
* Sorry, but in Pennsylvania, you cannot represent clients on a quid pro blow basis. You could get suspended for a year, like this guy. Wonder what his retainer agreement looked like. [Legal Intelligencer]
* The sole minority juror from the George Zimmerman trial — the one who was liable to allow the jury to be hung — is now telling the world she thought the acquitted “got away with murder.” [ABC News]
* Lawyers for accused kidnapper Ariel Castro are considering a deal offered by prosecutors that takes the death penalty off the table. He might be able to enjoy some ribs in prison if he’s there for life. [CNN]
For most luxury shoppers, a trip to Neiman Marcus is the stuff that dreams are made of. After all, bags overflowing with designer merchandise can usually put a smile on any face, no matter the cost. But for others, such a shopping excursion just serves as a reminder of all the sex, lies, and betrayal that go hand-in-hand with a bitter divorce.
Because apparently when your husband stops in to buy hundreds of thousands of dollars in merchandise year after year, it’s essential for your former personal shopper to allegedly swipe his “credit card” — over, and over, and over again….
At least that’s what one divorcée in Texas is alleging. She filed suit against Neiman Marcus after the luxury retailer refused to take back $1.4 million worth of gifts that she attempted to return after discovering her ex-husband’s alleged affair….
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 seven years. You can reach them by email: email@example.com.
It’s that time of year again when JDs are starting to apply for 2L summer jobs and 2L summers are deciding which practice area to focus on.
For those JDs with an interest in potentially lateraling to or transferring to Asia in the future, please feel free to reach out to Kinney for advice on firm choices, interviewing and practice choices, relating to future marketability in Asia, or for a general discussion on your particular Asia markets of interest. This is of course a free of cost service for those who some years in the future may be our future industry contacts or perhaps even clients.
For some years now Kinney’s Asia head, Evan Jowers, has been formally advising Harvard Law students with such questions, as the Asia expert in Harvard Law’s “Ask The Experts Market Program” each summer and fall, with podcasts and scheduled phone calls. This has been an enjoyable and productive experience for all involved.
If you are considering a virtual law practice, you know that many of today’s solo firms started that way. But why are established, multi-attorney law firms going virtual?
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:
Reduces malpractice risk
Enables you to gather the best attorneys to fit the firm, regardless of each person’s geographic location
Leverages mobile devices and cloud technology to enable on-the-spot client and prospect communication
Transitioning in-house is something many (if not most) firm lawyers find themselves considering at some point. For many, it’s the first step in their career that isn’t simply a function of picking the best option available based on a ranking system.
Unknown territory feels high-risk, and can have the effect of steering many of us towards the well-greased channels into large, established companies.
For those who may be open to something more entrepreneurial, there is far less information available. No recruiter is calling every week with offers and details.
In sponsorship with Betterment, ATL and David Lat will moderate a panel about life in-house and we’ll hear from GCs at Birchbox, Gawker Media, Squarespace, Bonobos, and Betterment. Drinks, snacks, networking, and a great time guaranteed. Invite your colleagues, but RSVP fast, as space is limited.