Private Equity
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Biglaw, Books, Facebook, Federalist Society, General Counsel, Hedge Funds / Private Equity, In-House Counsel, Law Professors, Morning Docket, Murder, Musical Chairs, Partner Issues, Politics, Social Media, Social Networking Websites, Tax Law, Technology
Morning Docket: 05.13.13
* Given the name and origins of the Tea Party movement, it actually makes perfect sense that their groups got grief from the IRS. [Washington Post]
* Wachtell Lipton weighs in against the practice of shareholder activists offering special compensation to director nominees. [Dealbook / New York Times]
* A law professor, Joshua Silverstein, argues that schools should embrace grade inflation. (But haven’t most of them done this already?) [WSJ Law Blog]
* Facebook shareholders might not “like” this news, but Ted Ullyot is stepping down as general counsel after almost five years. We’ll have more on this later. [National Law Journal]
* The Brooklyn DA’s office is reopening 50 murder cases that were worked on by retired detective Louis Scarcella (who looks oh-so-savory in the NYT’s photo of him). [New York Times]
* In news that should shock no one, Nicholas Speath’s dubious discrimination case against Georgetown Law has been dismissed. [The BLT: The Blog of Legal Times]
* Not long after leaving Cravath for Kirkland, Sarkis Jebejian is putting together billion-dollar deals for private-equity clients. [Am Law Daily]
* Professor Jeffrey Rosen reviews an interesting new book, The Federalist Society (affiliate link), authored by Michael Avery and Danielle McLaughlin. [New York Times]
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Biglaw, China, Dewey & LeBoeuf, Headhunters / Recruiters, Job Searches, John Edwards, Law Schools, Morning Docket, Private Equity, Religion, Trials
Morning Docket: 05.15.12
* Dewey need to send them a wedding present? Because to be honest, we really can’t afford one. Fifty of the firm’s European lawyers jumped ship to tie the knot with Greenberg Traurig in Poland. [WSJ Law Blog]
* “I don’t think there’s enough space in the legal market to absorb all the Dewey lawyers that aren’t prepackaged in a group.” When Dewey get on the unemployment line in New York City? [New York Law Journal]
* Ropes & Gray is expanding its Chinese private equity practice with plans to double its Asian-based lawyers by the end of the year. For now, the firm’s just poaching partners from Norton Rose and Paul Weiss. [Bloomberg]
* John Edwards’s legal team began his defense, and they still don’t know if he’ll be taking the stand. Not to worry, because he’ll be torturing his daughter, Cate Edwards, instead. [CNN]
* Remember the Catholic school that fired someone for getting IVF? They’re asserting the “ministerial exception” against Emily Herx — an unordained woman who doesn’t teach religion. [Washington Post]
* Apparently this only matters when top-tier schools do it, but like UC Hastings, George Washington Law will be reducing its class size in the hope of keeping new student enrollment below 450. [National Law Journal]
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Barack Obama, Books, California, Non-Sequiturs, Prisons, Private Equity, Violence, Wall Street, Women's Issues
Non-Sequiturs: 04.24.12
* California is cutting prisons. That’s step one. Step two is to shuttle all the prisoners to Los Angeles. Step three involves a series of earthquakes… [McClatchy] * Private equity billionaire Stephen Schwarzman isn’t into 50 Shades of Grey (affiliate link). But David Lat apparently is. I dunno, if you are going to bother with that kind of stuff, you might as well hit Brazzers and get it over with. [Dealbreaker] * I’m all for making sure that the Violence Against Women reauthorization prevents violence against women, not annoyances against women, or criticism against women. [The Volokh Conspiracy] * Speaking of violence against women, I never blame the victim, but dating gun-toting dumbasses rarely helps matters. [Legal Blog Watch] * @chrisdanzig: Stop bullying Obama @realjonlovitz. Leave him alone. Leave Obama alone! [Huffington Post] * What do Vladimir Putin and former Dewey partner John Altorelli allegedly share in common? [New York Post]
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Bar Exams, BARBRI, Private Equity
Leeds Private Equity To Acquire BAR/BRI
Back in November, we told you that Thomson Reuters was looking to unload BAR/BRI, its bar exam preparation business. The news was huge, given BAR/BRI’s status as a de facto finishing school for would-be lawyers. Today, it appears that BAR/BRI has found a home. According to various reports, BAR/BRI will be acquired by Leeds Equity […]