OCI

Morning Docket

Morning Docket: 05.30.18

* Guess which Biglaw firm has decided to bring back on-campus recruiting for its summer associate program? Here's a hint: You're going to need a pair of flip flops. We'll have more on this later today. [American Lawyer] * With an estimated $11 million annual salary, Sandra Goldstein, who recently left Cravath for Kirkland & Ellis, may be the highest paid female partner in all of Biglaw. You go, girl! [The Careerist] * Speaking of female Biglaw partners, Bracewell partner Barbara Jones's $700 per hour rate as special master in the review of materials seized from Michael Cohen's office has added up to a pretty YUGE bill for just one week's worth of work: $47,390. [New York Law Journal] * The Justice Department approved a merger between Bayer and Monsanto, but only after the companies agreed to dump $9 billion in business assets. "Today’s news makes it clear that our antimonopoly laws are completely worthless," said one farm group that's just thrilled by the news. [Washington Post] * Eduardo M. Peñalver, the first Latino dean of an Ivy League law school, has been reappointed to a second five-year term as dean of Cornell Law after achieving quite a few milestones for employment and bar pass rates at the school. [Cornell Chronicle] * Briana Williams, a single mother who requested an epidural while she was in labor so her contractions wouldn't interfere with her completion of a final exam, recently graduated from Harvard Law School. Much respect from one law mama to another. Congratulations and best of luck in all that you do! [Yahoo!]

By Staci Zaretsky
Morning Docket

Morning Docket: 08.11.16

* "Could a firm with a different business model suffer, potentially, if they don't match the $180,000? Maybe." Law firms may be competing for fewer students than in years prior thanks to decreased law school enrollment, but Biglaw's new starting salary scale doesn't seem to have made a big impact on the summer associate applicant pool -- at most schools, OCI participation has held steady or risen only slightly since last year. [Law.com] * “Are you listening? He just flat out lied. ... [I]t could be bad." In a text message that was included in a federal court filing earlier this week, a former aide to New Jersey Governor Chris Christie claimed that the governor lied when he told the media none of his staff knew about a plan to block George Washington Bridge traffic. Uh-oh! [New York Times] * "We'll tell the council that there's a giant need for affordable law schools like us, and we're going to meet that need." After learning it was unlikely his school would receive accreditation due to students' poor qualifications, Dean Royal Furgeson Jr. of UNT Dallas Law shrugged it off, saying the school would "get a fair hearing." [ABA Journal] * Robert Schulman, a former partner at Hunton & Williams, has been indicted for allegedly trading on insider information ahead of Pfizer's $3.6 billion purchase of King Pharmaceuticals, a client he represented in 2010 while at the firm. He, along with his investment adviser, will face up to 20 years in prison if convicted. [Big Law Business] * Yet another Biglaw firm has partnered with a financial company to assist its attorneys with their law school debt. Miller Canfield is working with Social Finance (SoFi) to provide loan refinancing options to the firm's associates to help "ease the financial burden" of their heavy six-figure debt loads. [Grand Rapids Business Journal] * "They're being terribly exploited." Lichten and Bright, a New York labor law firm, has contacted hundreds of UFC fighters in an effort to unionize them and help get them benefits that other sports unions share, like health insurance, pensions, and the ability to negotiate the terms of their contracts with the mixed martial arts giant. [MMA Junkie]

By Staci Zaretsky