New Partners

What do the incoming partner classes at 10 leading law firms reveal about the state of Biglaw?

* While we’re celebrating recently anointed Biglaw partner classes, let’s take a minute to call out the firms that haven’t bestowed the honor upon a single woman this year. Cheers, jerks. [Am Law Daily]

* The results of the NLJ’s Law Firm Billing Survey are out, and lo and behold, one of the top partners in the country is pushing $2,000 an hour for his services. Congrats, Ted! [National Law Journal (sub. req.)]

* Everyone’s buzzing about the federal law clerk who’s been accused of attempted aggravated rape and solicitation of a minor under 13. Don’t let that legendary 4.0 GPA go to waste. (More on this later.) [Times-Picayune]

* Congratulations to Gerchen Keller Capital, the litigation finance firm founded by former SCOTUS clerks and hedge-fund alumni, on raising $260 million for its new fund. [DealBook / New York Times]

* Iowa is thinking about allowing law school grads to practice immediately instead of having to take and pass a bar exam. Paired with its recent tuition cuts, the Hawkeye State is looking better and better. [Des Moines Register]

* If you’re in the unfortunate situation of still having to look for a law job once OCI has ended, then you might want to start considering applying for some of the other law jobs that don’t want you. [Mashable]

* The incarceration of a blogger known for making salacious allegations against federal judges raises First Amendment concerns. [New York Times]

Are this firm's bonuses higher than the market rate? Just a tad, for some.

Who are the 13 new partners at Quinn Emanuel, and what does their selection say about the firm?

Who are Weil's nine new partners, and what does their selection say about the direction of the firm?

How many new partners did Cravath make, in which practice areas, and do you know any of them?

What do the incoming partner classes at ten leading law firms reveal about the state of Biglaw?

Who are the ten new partners at Quinn Emanuel, and what does their selection say about the firm?

You just made partner; congratulations. Now pull up a chair and listen to some wise advice from Anonymous Partner.

Cleary and Proskauer fall in line behind Cravath. Cleary's paying early, and Proskauer's memo is really nice.

How many new partners did Cravath name this year -- and what might this suggest about bonuses? Perhaps you know some of these fine folks?

One of the former associates involved in the Sullivan & Cromwell mailroom of death debacle has been promoted to partner at her new Biglaw firm. Let's find out the details...

Are graduates of elite law schools "too good" for Biglaw? Interestingly enough, they tend not to stick around large law firms. Grads of many lower-ranked schools make partner at higher rates than grads of certain top law schools.

Which law schools excel at sending their graduates into jobs at large law firms, i.e., Biglaw? Check out the National Law Journal's annual ranking of the top 50 law schools by the percentage of 2011 juris doctor graduates who took jobs at NLJ 250 firms.

Milbank Tweed, in a recent press release about its new partnership class, gave a special shout-out to Atara Miller. It identified Miller as "likely the only Orthodox Jewish woman partner at a major Wall Street firm." A big shot in Biglaw, and a baleboste to boot. But is it accurate to assert that Miller is unique?

Just as it did last year, the powerhouse litigation boutique of Susman Godfrey announced associate bonuses that put the bonus scales of most other firms to shame. Happy Holidays, Susman Godfrey associates! So, the Susman bonuses -- what are we looking at here?

Being a partner at a top law firm is still highly desirable. This is especially true of partners at firms near the top of the Biglaw hierarchy -- places like Cravath, Swaine & Moore and Simpson Thacher & Bartlett, with profits per partner in 2010 of $3.17 million and $2.64 million, respectively. They both announced new partnership classes this month. Let's learn about the new partners at CSM and STB. Maybe you know some of them -- from college, or law school, or a case or matter you've worked on....

At Wachtell Lipton, which announced its new partners on Tuesday afternoon, three lawyers can give thanks for being named to the powerhouse firm's partnership. With profits per partner in excess of $4 million, they are the 1 percent. Who are the new WLRK partners?

‘Tis the season — for new partner elections at large law firms. Although there are some exceptions, most firms pick and announce their new partner classes around November and December, with partnership effective on January 1 of the following year. These partnership announcements sometimes contain interesting information, if you read between the lines. As we’ve […]

Wachtell Lipton, the obscenely profitable and dazzlingly prestigious New York law firm, just elected three lawyers to its millionaires’ club partnership. By firm tradition, the partnership vote takes place on Election Day each year. Expect an official announcement tomorrow; we bring you the news today. The three lucky, talented, and hardworking new partners are: — […]