Hello. How are you guys? Working hard? Getting ready for the season of bonuses and profit distributions? Realizing that 3L year is just as useless as I’ve always said it was? I hope all is well.
You might have noticed that I was away last week. That’s because at 10:59 p.m. on September 24th, my wife gave birth to a healthy baby boy. Here’s my son, Claudius Elie Charles Mystal:
He’s a Libra, which means he’s supposed to have an affinity for lawyering. Don’t worry, I’ll make sure to crush any law school dreams early on. Actually I’ve already got to start thinking about getting him into preschool. Bloomberg now has people going to school once they’re six weeks old.
Since I’ve got so much stuff to do, I’ll be out a couple more weeks. I’ve already learned that having a newborn is like going to jail in The Wire: you only lose two minutes of sleep, the minute you wake up and the minute before you get back to bed.
Every law firm’s got its own superheroes. Some of you may be familiar with The Litigatrix, a high-powered woman partner who renders opponents’ arguments completely useless with a single motion. Others once knew Captain Bonus, a monetary daredevil whose additional associate dollars recently disappeared faster than a speeding bullet. And everyone knows The Dismisser, who with several iterations of BAM! and KAPOW! manages to get every lawsuit that comes before him tossed out of court.
But holy office space, Batman, where do all of these legal superheroes meet to conduct their business on a daily basis?
Remember Sydney Spies, the teenage dream from Colorado who fought valiantly to get her provocative pictures featured in her high school yearbook, all in the name of free expression? Despite the threat of a lawsuit and national media coverage, all of Spies’s racy photos were rejected — but she was able to earn a spot in Americans’ hearts (and spankbanks) around the country.
The young Hollywood hopeful landed a small role in an upcoming SyFy movie, and her mother, Denise “Miki” Spies, was preparing to ship her daughter out to Los Angeles in the hopes of her making it big. Why not throw one last bash to celebrate Sydney’s single success in stardom? And that’s apparently where all the trouble began for this mother and daughter duo.
Little did Sydney and Miki know that their alleged exploits at the party would someday be able to serve as the basis for a Lifetime movie. The pair could face jail time for allegedly serving alcohol to minors — but at least they’re back in the headlines. (And this underage drinking drama could earn Sydney another line on her iMDB profile, so she’s probably patting herself on the back.)
Let’s discuss the charges that the Spies are currently facing, and all of the allegations that make them appear to be quite the hot messes….
Here’s the problem with running a law school that publishes a laughable rankings system that magically ranks your school second in the nation. If the school is willing to do that, it makes it possible to question (and laugh at) every single thing that comes out of the school.
Hell, the shoeshine boy who tried to troll Staci couldn’t be dismissed out of hand because he said he was a Cooley grad.
It’s not entirely fair, but the school brings it upon itself, at least in part. That’s probably why I received a number of tweets about the new statue at Cooley Law.
At a regular law school, nobody would take much note of a sculpture of the school’s namesake. At Cooley, it’s pretty easy to read in a hilarious motive….
As Derek Zoolander would say, there’s a lot more to life than being really, really, ridiculously good looking — including filing lawsuits for really, really high damages. Male models may be stereotypically portrayed as stupid, but when they’ve allegedly been taken advantage of, they have the good sense to sue for millions — especially if a defendant has deep pockets.
And that’s exactly what Benjamine Bowers, a beautiful male model, did in a recent filing. This hottie claims he was told that he needed to “relax,” and if this were a movie, he’d have strut down the runway performing jiu jitsu moves to a track by Frankie Goes to Hollywood. But because this apparently happened in real life, Bowers instead was told that he needed to show his o-face on camera….
It must be tough to leave an apartment like this one, with great views of Central Park, to go work in a drab federal office building.
Being a federal prosecutor is an amazing legal job, but it doesn’t pay particularly well. When I worked in theU.S. Attorney’s Office, I earned well under six figures. An assistant U.S. attorney can break the $100,000 mark after a sufficient number of years in practice, but AUSAs generally don’t earn Biglaw money.
(People who work as special AUSAs on secondment from better-paying parts of the federal government, such as Main Justice or the SEC, earn significantly more than regular AUSAs on the “AD” — Administratively Determined, aka Awfully Depressing — pay scale. But even these SAUSAs, not to be confused with the completely unpaid SAUSAs, make less than they would in comparable private practice positions.)
This brings us to the question du jour: how can a federal prosecutor afford to live in an apartment that is worth more than twice as much as the most expensive lawyer home in Washington, D.C.? We’re talking about a $25 million apartment on Manhattan’s Upper East Side, in one of Fifth Avenue’s finest prewar buildings, with amazing views of Central Park.
Let’s talk about two of our favorite topics here at Above the Law: Dewey & LeBoeuf and real estate. They’re two great tastes that go great together.
There’s certainly news on both of these fronts. In Washington, for example, the firm is facing an eviction lawsuit. Dewey’s D.C. landlord, Property Group Partners, claims that the firm hasn’t paid $927,052 in rent on its 140,000 square feet of space.
In New York, home of Dewey’s headquarters at 1301 Avenue of the Americas, there’s bad news too. The Ben Benson’s steakhouse in the building, which was something of a company canteen for Dewey, is closing next month. Said a source: “Could it be that the building is cursed, ever since JC Penney moved out decades ago?”
Near the top of the 45-floor building, the office of Steven H. Davis, Dewey’s ex-chairman, is also getting packed up. This space, described to us as the “Taj Mahal” of law offices, is not what it once was.
The evolution of relationships between the genders continues. Currently, in law firms, there is an interesting conundrum; balancing the desire for a gender-blind workplace where “the best lawyer gets the work and advances” and the reality of navigating the complicated maze created by the fact that, in general, men and women do possess differences in their work styles. These variations impact who they work with, how they work, how they build professional connections and how organizations ultimately leverage, reward and recognize the talents of all.
Henry Ford sat on his workbench and sighed. A year earlier, he had personally built 13,000 Model Ts with his own hands. Fashioning lugnuts and tie rods by hand, Ford was loath to ask for help. Sure, there were things about the car that he didn’t quite understand. This explains the lack of reliable navigation systems in the Model T. But Ford persevered because he knew that unless he did everything, he could not reliably call these cars his own.
“Unless my own personal toil is responsible for it, it may as well be called a Hyundai,” Ford remarked at the time.
The preceding may sound unfamiliar because it is categorically untrue. And also monumentally stupid. Henry Ford didn’t build all those cars by hand. He had help and plenty of it. Almost exactly one hundred years ago, Henry Ford opened up the most technologically advanced assembly line the world had ever seen. Built on the premise that work can be chopped up into digestible pieces and completed by many men better than one, the line ushered in an age of unparalleled productivity.
Today, an attorney refers business because he can’t do everything the client asks of him.
There are three reasons why this is way dumber than a made-up Henry Ford 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 six years. You can reach them by email: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months, and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.