Behind the blue door lies a world of great beauty.
You’d expect a top mergers-and-acquisitions lawyer to have excellent business sense. So it shouldn’t be surprising to learn that an M&A partner at a leading law firm bought a Manhattan townhouse for $837,000 that is now probably worth more than $7 million.
It’s a gorgeous home, very tastefully decorated (which can’t be said of all our Lawyerly Lairs). Let’s see some pictures and learn more about it, including the identities of the owners….
Renowned diplomat Richard Holbrooke, who came very close to becoming Secretary of State, passed away in December 2010. His wife, noted journalist Kati Marton, recently sold the magnificent apartment they shared at the Beresford, the legendary prewar co-op on Manhattan’s Upper West Side.
Over the years, as noted in the building’s Wikipedia entry, the Beresford has been called home by such celebrities as “comedian Jerry Seinfeld, singer Diana Ross, tennis player John McEnroe, Citigroup CEO Vikram Pandit, actor Tony Randall, and musician Laura Nyro.” (I was going to say that Nyro’s publicist must be a Wikipedia admin, but it seems that Nyro passed away back in 1997.)
UPDATE (1/16/2013, 11:45 AM): We just heard from a longtime Beresford resident who advises us that Diana Ross never lived in the building (although the Diana Ross Playground is across the street).
Now the Beresford will be graced by a former Biglaw partner, who bought Holbrooke’s home for an eight-figure sum. Sharing an elevator with Jerry Seinfeld will be….
Back in 2011, the National Association for Law Placement (NALP) produced an extremely useful chart for people trying to figure out where to start their Biglaw careers. The chart, which tracks buying power based on starting salaries for associates, is a great way to find out where you’ll get the most bang for your buck if you land a lucrative Biglaw gig.
NALP’s Buying Power Index continues to use New York City ($160,000) as the baseline. It takes the median starting salary for the class of 2011 and the cost of living index for NYC and sets that figure at 1.00. Cities with a better purchasing power than NYC have a value greater than 1.00. In all, 76 cities have been ranked.
When we first wrote about this, associates in New York City were crestfallen when they found out that their city was number 42 on the list — they realized they were essentially throwing their money down the drain. This year, NYC has tumbled even further down the list.
How badly are they getting screwed, and where can you go if you want greater purchasing power?
Our long national nightmare is over. Law enforcement authorities claim that the so-called “Well-Dressed Groper” or “Gentleman Groper” has finally been caught.
For those outside the New York area who don’t understand how a man who is accused of sexual assault earned the aforementioned monikers, I don’t know what to tell you. I think it probably has something to do with the New York media not being particularly interested in the sexual assault that happens to working-class women all across this city, but this guy was allegedly grabbing the asses of educated women, and he doesn’t wear a hoodie, so… WELL DRESSED GROPER.
The other interesting twist is that this time the police believe they have the right man. Which means that there was a time when they caught and accused the wrong man.
The innocent man was well-dressed, but not a struggling attorney, so I always thought that bust was fishy…
November brought us many things to be thankful for, ranging from time spent with family to hurricane relief efforts to the lawyerly antics worthy of representation in our Lawyer of the Month competition.
In what’s probably a first, the majority of this month’s contestants are judges, with a mere sprinkling of lawyers here and there. But when it comes to laying down the law — at least insomuch as this contest is concerned — these controversial jurists are top notch.
Let’s check out our nominees for November’s Lawyer of the Month….
Tensions between cyclists and pedestrians are always high in big cities, especially a city like New York. When walking on extremely crowded sidewalks, it’s never a pleasant experience to be nearly blindsided as some dude on a bike whizzes by at high speed without a care in the world. We pedestrians are arguably more balanced than those riding bicycles — if one of us got knocked down, we might complain about a scraped knee for a week or two before getting over it. It wouldn’t really be that big of a deal.
But if a cyclist gets knocked down, the consequences could be much worse, and one Sidley Austin lawyer is learning just what a big deal something like this can turn into once the courts are involved. Back in June, Marshall Feiring, tax counsel at Sidley Austin, was arrested and charged with third degree assault and second degree harassment after he allegedly stepped into the bike lane in Central Park and made contact with a female cyclist, causing her to crash.
As if the criminal charges weren’t enough, Feiring is now being sued over the incident….
When I receive the sections of the Sunday New York Times that get delivered on Saturday, the first one I reach for is Real Estate. And one of the first features I read is The Hunt, Joyce Cohen’s delightful column chronicling the victories and defeats of those who dare to take on the New York City real estate market.
A recent installment of The Hunt featured a lawyer who was previously a movie star. With two daughters and a penchant for entertaining, she and her husband had outgrown their three-bedroom condominium on the Upper East Side. They wanted a townhouse. But with a budget of no more than $2 million, they had their work cut out for them.
Who is the actress turned attorney — a star of one of the most iconic films of the 1990s, in fact — and where is her new home?
Maybe he should check out some of the law firms downtown. While most New York-area law firms focused on getting people back to work as quickly as possible after the storm, some shops continue to experience more structural issues.
Not that those firms are talking about it. I guess some firms don’t like to admit that anything can go wrong in the Financial District….
I’ve done some fairly unacceptable things whilst blackout drunk. Life is hard, and navigating this world fifteen to twenty Bud Lights in is nigh on impossible. I fell asleep on a train platform a few months ago. For instance. I was awakened by the bleating of the oncoming train’s horn. WAKE UP AND MOVE YOUR FEET FROM MY PATH BEFORE I CHOP THEM OFF, the train said. I moved them. Still have my feet.
This weekend, an assistant district attorney with the Brooklyn D.A.’s office allegedly lost something more important than his feet. His head. He allegedly lost his head, lost his cool, and probably stands to lose a whole lot more in the days to come.
Michael Jaccarino is the ADA’s name, and it took all the restraint the New York Post had not to scream in its headline, “Wacko Jacko On The Attacko.”
Y’see, Micael Jaccarino allegedly attacked a female EMT early Saturday morning…
Manhattan is going back to work today. The power is on, pretty much. The subways are running, basically. And, well hell there’s money to be made, so get your asses to your desks.
While Staten Island is still a soggy disaster, Emperor Bloomberg has gotten the corporate centers of wealth generation back online in his “luxury city.” And so the city that never sleeps is waking up.
But just because we have power doesn’t mean there is heat. Yeah, the power is back on in SoPo, but in many places the heat isn’t yet working. (This is the case in Lat’s apartment; luckily he’s already in Nashville for an eventtomorrow at Vanderbilt Law.)
So, I guess you need to be able to type with gloves on? A tipster at one Biglaw firm tells us a chilling story….
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.
Please note that Evan Jowers and Robert Kinney are still in Hong Kong and will stay FOR THE REMAINDER OF THIS WEEK. We still have a handful of available slots for meetings with our Asia Chronicles fans. If we have not been in touch lately, reach out and let us know when we could meet! There is no need for an agenda at all. Most of our in-person meetings on these trips are with folks who understand that improving a legal practice through lateral hiring is an information-driven process that takes time to handle correctly.
Regarding trends in lateral US associate hiring in Hong Kong, we of course keep much of what we know off of this blog. Based on placement revenue, though, Kinney is having one of our most successful years ever in Asia. We are helping a number of our law firm clients with M&A, fund formation, cap markets, project finance, FCPA and disputes openings. These are very specific needs in many cases, so a conversation with us before jumping in may be helpful. As always, we like to be sure to get the maximum number of interviews per submission, using a well-informed, highly targeted, and selective approach, taking into account short, medium and long-term career aims.
Making a well informed decision during a job search is easier said than done – the information we provide comes from 10 years of being the market leader in US attorney placements at the top tier firms in Asia. There is no substitute for having known a hiring partner since he/she was an associate or for having helped a partner grow his or her practice from zip to zooming, and this is happily where we stand today – with years of background information on just about every relevant person in all the markets we serve, and most especially in Hong Kong/China/Greater Asia. So get in touch and get a download from us this week if we can fit it in, or soon in any case!
The legal industry is being disrupted at every level by technological advances. While legal tech entrepreneurs and innovators are racing to create a more efficient and productive future, there is widespread indifference on the part of attorneys toward these emerging technologies.
When the LexisNexis Cloud Technology Survey results were reported earlier this year, it showed that attorneys were starting to peer less skeptically into the future, and slowly but surely leaning more toward all the benefits the law cloud has to offer.
Because let’s face it, plenty of attorneys are perhaps a bit too comfortable with their “system” of practice management, which may or may not include neon highlighters, sticky notes, dog-eared file folders, and a word processing program that was last updated when the term “raise the roof” was still de rigueur.