Real Estate

  • 795 Fifth Avenue 1

    Lawyerly Lairs, Real Estate

    Lawyerly Lairs: Patent Litigator Leaves The Pierre, Selling $23 Million Apartment

    Patent litigation isn’t as lucrative as it used to be, but those who were around for the glory days did very, very well for themselves.

    12 Comments / / Jul 28, 2015 at 5:36 PM
  • Novak Druce's empty office?

    Morning Docket

    Morning Docket: 07.24.15

    * Most Biglaw firms are downsizing their office space, but Ropes & Gray just inked a deal to increase the size of its New York office by 40,869 square feet. It’ll occupy more than 300,000 square feet in Rockefeller Center. Hope the firm has lawyers to fill it! [Commercial Observer]

    * Yikes! Thanks to a string of lateral hires by Buchanan Ingersoll, the newly formed Philly office of Novak Druce appears to have been left without a single lawyer. The firm decided to “refrain from commenting” on the departures. [Legal Intelligencer]

    * The same jury that found James Holmes guilty of several counts of murder in the Dark Knight movie theater massacre completed the first phase of sentencing and decided that aggravating factors existed for him to incur the death penalty. [Los Angeles Times]

    * A former court clerk in Indiana is suing because she claims she was fired for refusing to process same-sex marriage licenses, even though doing so went against her “sincerely held” religious beliefs. We may be seeing a lot more of these in the future. [Indy Star]

    * Per Texas prosecutor Warren Diepraam, medical examiners have ruled that Sandra Bland’s death was a suicide by hanging, and he has “full faith” in the autopsy results. The community remains outraged, and investigation into the case is ongoing. [NBC News]

    10 Comments / / Jul 24, 2015 at 8:56 AM
  • Bill Cosby (Photo by Spencer Platt/Getty Images)

    Morning Docket

    Morning Docket: 07.16.15

    * No pudding pops for you, POTUS! When President Obama answered a question about the possibility of revoking Bill Cosby’s Medal of Freedom, he more or less insinuated that the comedian was a rapist, saying this country should “have no tolerance” for it. [New York Times]

    * “He was acting like a clown.” Even if you reportedly act like a complete and total drunk idiot while hitting on a partner’s wife at your would-be law firm’s holiday party, it’s still possible that you’ll get a job if your dad has political ties and allegedly makes certain promises to the firm. [Journal News]

    * Everyone’s eager to make the jump to an in-house job after years in Biglaw, but many forget the comp scheme is different from what they’re used to. Some in-house earners, however, blow away the competition. We’ll have more on this later. [Corporate Counsel]

    * One of the most important lessons that can be learned from the D&L debacle is that “[g]igantic law firms have a major Achilles’ heel.” When attorneys flee in droves, it can really upset the balance, and boy, Dewey know what a pain that can be. [WSJ Law Blog]

    * If you think all New York City firms will only hire from elite law schools that make up the U.S. News T14, then think again. This prominent real estate boutique seeks to “hire the best candidates based purely on merit, not aristocracy.” Refreshing. [Huffington Post]

    16 Comments / / Jul 16, 2015 at 8:55 AM
  • Justice Antonin Scalia (Photo by Alex Wong/Getty Images)

    Morning Docket

    Morning Docket: 07.10.15

    * Aww man, nothing’s going right for this firm: After facing mass defections that forced it to move to a smaller office, struggling law firm Gordon Silver is locked in a legal battle with its former landlord to the tune of $786,000 in rent that allegedly went unpaid. [VEGAS INC.]

    * Ted Cruz isn’t the only person Ted Olson has a bone to pick with. Justice Scalia thinks the Obergefell decision is a “threat to American democracy,” but Olson disagrees: “[W]ith respect to Justice Scalia, who I do have great respect for, he is wrong.” [National Law Journal]

    * Brooklyn Law School is selling off buildings left and right, and one of its prime pieces of real estate could sell for up to $30 million. According to Dean Nick Allard, its sale will serve as a “better advantage for the future of the law school.” [New York Daily News]

    * Lawyers, make sure to draft your documents carefully, or else you could wind up getting screwed by an errant comma (or the lack thereof). An Ohio woman got out of a summons because she pointed out a missing comma in a local ordinance. [Lexicon Valley / Slate]

    * From the sound of it, not all Uber drivers want to become Uber employees; some of them are perfectly content to be classified as independent contractors. That’s probably going to screw up that whole typicality requirement for this would-be class-action suit. [Forbes]

    10 Comments / / Jul 10, 2015 at 9:03 AM
  • Haunted House 2

    Real Estate

    The Haunted House Lawsuit All Home Sellers Should Know About

    This lawsuit is creepy and scary and important for would-be home sellers.

    / Jun 25, 2015 at 9:49 AM
  • 800px-AIG_wordmark.svg

    Non-Sequiturs

    Non-Sequiturs: 06.15.15

    * Hank Greenberg won his lawsuit against the government for illegally seizing insurance giant A.I.G. as part of a bailout. But the court awarded no damages, finding that shareholders weren’t harmed by the takeover. So, to translate this, the court basically said to Greenberg, “You were so bad at running your business that a cabal of bureaucrats acting illegally did better for shareholders than you.” That’s… gotta sting. [New York Times]

    * Lost in the excitement of today’s Baker Botts decision was the Supreme Court declining to save North Carolina’s struck-down abortion law that would have required doctors to bend over backwards to dissuade women from getting an abortion. Over the dissent of Justice Scalia, the Court killed the law without giving it a chance. [Jezebel]

    * If you’re going to Richmond, California, make sure you’ve left your Ultimate Nullifier at home. [Lowering the Bar]

    * Something finally goes wrong for wealthy people moving into Brooklyn. SPOILER: it’s other wealthy people moving into Brooklyn. [Brownstoner]

    * Justice Ginsburg tells the crowd at the annual ACS Convention that Natalie Portman held up the upcoming RBG biopic, On the Basis of Sex, demanding that the film have a female director. Men’s rights activists can take heart that a man will be directing the inevitable porn version. [The Week]

    * Alan Dershowitz worries that the Zivotofsky decision gives the White House too much power over foreign policy as opposed to some myopic former water commissioner awash in lobbyist money from AIPAC and apocalyptic-minded Evangelicals Congress. [The Blaze]

    * Do you hate patent trolls? Good. Consider supporting this feature comedy film trolling patent trolls. [Indiegogo]

    * If you’re in D.C. Thursday morning, come hear our own David Lat discuss the future of the Roberts Court with some other people who are nowhere near as important. Like congresspeople and former federal judges and such. [Politico]

    32 Comments / / Jun 15, 2015 at 5:31 PM
  • 983 Park Avenue 8

    Lawyerly Lairs, Real Estate

    Lawyerly Lairs: Skadden Royals Sell Their Palatial Pad For $11.8 Million

    The sellers, who sold to one of the nation’s richest families, made a multimillion-dollar profit on the deal.

    15 Comments / / Jun 9, 2015 at 5:56 PM
  • Josh Seiter (Photo by The Bachelorette/ABC)

    Morning Docket

    Morning Docket: 05.20.15

    * Thus far, five law schools — Hawaii, Iowa, St. John’s, Drake, and Buffalo — have decided to drop the LSAT for top-performing applicants, and it’s no surprise that all five law schools have watched their enrollment numbers take traumatic tumbles. [Bloomberg Business]

    * “[E]veryone calls colleagues for advice, particularly when we get gnarly jury notes.” As it turns out, judges in the Southern District of New York are big proponents of the “phone a friend” lifeline for their trickier cases. FYI, those friends are never law profs. [New York Times]

    * Well, that was incredibly quick! Josh Seiter, the 2013 graduate of Chicago-Kent Law who’s built a successful career stripping, working as an escort, and appearing on reality TV shows, didn’t even make it past the first rose ceremony on The Bachelorette. [Heavy]

    * Without WARNing? Butler & Hosch, one of the largest foreclosure firm’s in the country, decided to abruptly close up shop, leaving hundreds of attorneys and staff members of out work. Sources have told us that the firm was unable to make payroll. [Orlando Sentinel]

    * Sorry, boutiques, but according to Lexis/Nexis CounselLink’s Enterprise Legal Management Trends report, the biggest of all Biglaw firms are controlling the market when it comes to performing specialized IP litigation work. [DealBook / New York Times]

    * As we mentioned previously, Sam Kamin of Denver Law is the first professor to hold a pot law professorship. Here’s an interesting Q&A with the law firm partner who came up with the idea. See Prof. Kamin at our marijuana law event in June. [National Law Journal]

    33 Comments / / May 20, 2015 at 9:02 AM
  • US china flags

    China

    Buying A Chinese Company? Why China Deals Don’t Get Done

    Your China lawyer’s advice will probably be a deal-killer, and here’s why you should be happy the deal was killed.

    / May 11, 2015 at 10:02 AM
  • Kerry Washington (Photo by Frazer Harrison/Getty Images)

    Morning Docket

    Morning Docket: 04.29.15

    * In case you haven’t read the transcripts from yesterday’s same-sex marriage arguments at the Supreme Court and you still want to have some talking points at the water cooler at the office, here are six of the more “provocative” questions that the justices asked. [WSJ Law Blog]

    * HBO is filming a TV movie called “Confirmation” about Justice Clarence Thomas’s 1991 nomination hearings. Kerry Washington will play Anita Hill and Wendell Pierce will play our silent justice. No one puts a pube on Olivia Pope’s Coke can and gets away with it! [Hollywood Reporter]

    * If you’re not interested in the CliffsNotes version of the same-sex marriage arguments at SCOTUS, you should know the justices were split along their usual ideological lines, and Justice Kennedy seemed even more wishy-washy than normal. [New York Times]

    * You’re my boy, Blue! Brooklyn Law School will honor 100-year-old Professor Joseph Crea this summer. He’s been teaching at the school for more than five decades, and looks like a well-preserved academic artifact. Congratulations! [Brooklyn Daily Eagle]

    * Still high off its top passage rate for the February 2015 Florida bar exam and thanks to an anonymous $1 million gift, Ave Maria Law announced that it will be purchasing its campus… and launching a totally unrelated $3.2 million capital campaign. [News-Press]

    * If you’re looking to take a year off before law school, then perhaps you ought to consider becoming a paralegal, a research analyst, or an investment banker. At least one of those jobs will make you reconsider your future. [Law Admissions Lowdown / U.S. News]

    20 Comments / / Apr 29, 2015 at 9:00 AM
  • Coming to a law school near you?

    Morning Docket

    Morning Docket: 04.01.15

    * And the law school deans rejoiced! Enrollment is scraping the bottom of the barrel, but applications are only down by 2.9 percent so far this year. If you cross your eyes and squint, you may be able to see some signs of stabilization for the legal academy. [DealBook / New York Times]

    * Indiana has more than one controversial law on the books. Say hello to Purvi Patel, the first woman in the country to be charged, convicted, and sentenced on a feticide charge. Critics say this conviction will have a negative effect on women. [WNCN]

    * When the going gets tough in Biglaw, the tough get going — on either laying off their employees or cutting their real estate losses. Per Colliers International’s Law Firm Services Group, firms have recently reduced their office space by 15 to 32 percent. [Am Law Daily]

    * “We cannot underestimate the seriousness of this incident.” Terrible news: Yesterday, members of the Revolutionary People’s Liberation Party-Front took Turkish prosecutor Mehmet Selim Kiraz hostage in an Instanbul courthouse and later killed him. [Reuters]

    * Which state is the worst in the country for job-seeking law school graduates? That would be Mississippi, where it’s harder to get a job as an attorney than it is to spell the name of the state while intoxicated. There are 10.53 lawyers for every legal job opening. [WDAM]

    23 Comments / / Apr 1, 2015 at 9:04 AM
  • Screen Shot 2015-03-05 at 11.59.14 AM

    Job of the Week, Real Estate

    Job Of The Week: Real Estate Attorney (In-House), Abu Dhabi, UAE

    What could be better than an in-house real estate position in Dubai? Apply here if you’re interested!

    / Mar 6, 2015 at 2:35 PM
  • 3072 Fairmount Blvd 1

    Law School Deans, Lawyerly Lairs, Real Estate

    Lawyerly Lairs: A Disgraced Dean’s Abandoned Abode

    This mansion has lots of charm. Just be sure its former occupant doesn’t feng your shui.

    23 Comments / / Feb 10, 2015 at 5:37 PM
  • Hilary Bricken

    Marijuana, Real Estate

    Asset Forfeiture: Why Your Boilerplate Lease Won’t Cut It For A Marijuana Business

    What can landlords and tenants do to prevent asset forfeiture or federal intervention altogether?

    / Feb 2, 2015 at 4:20 PM
  • Alexandra Marchuk and Juan Monteverde

    Morning Docket

    Morning Docket: 01.28.15

    * There’s nothing like boner talk in federal court: Juan Monteverde of Faruqi & Faruqi reaffirmed his claim that he was too drunk to get it up “consummate the act” during the time Alexandra Marchuk alleged he forced sex upon her. [Law 360]

    * “There’s something deeply ironic about a judge seeking the right to ignore another judge’s ruling while crying ‘judicial activism.'” Justice Roy Moore of the Alabama Supreme Court wants judges to ignore a federal ruling on his state’s unconstitutional ban on gay marriage. [Reuters]

    * Just days after the legal news media found out that Dentons would be tying the knot with Dacheng, the deal has officially been sealed. Talk about a shotgun wedding! Best wishes go out to 大成 Dentons for a happy, international marriage. [Am Law Daily]

    * Elite litigation boutique Susman Godfrey will be consolidating its Dallas and Houston offices into one mega-office in 2016 after the firm’s lease in Dallas is up. Will all of the displaced attorneys remain with the firm? [Houston Business Journal]

    * Can we talk… about wrongful death cases? A lawsuit has finally been filed against the outpatient endoscopy facility and physicians involved in the death of Joan Rivers, and details have been released as to the way the beloved comedian died. [CNN]

    37 Comments / / Jan 28, 2015 at 8:55 AM
  • One Too Many

    Drinking, Real Estate, Rudeness

    Rich Lawyer’s Wife Leaves Incredibly Drunk, Racist Message Promising ‘Massive F-ing Lawsuit’

    She was so pissed off and drunk that she accidentally referred to herself as a rich piece of sh*t.

    57 Comments / / Jan 23, 2015 at 1:30 PM
  • Green California Road Sign with Dramatic Clouds and Sky.

    Biglaw, California, Job Searches

    7 Practice Trends To Watch For In 2015 In California (Part II)

    What do these trends mean for lawyers in different specialties and at different seniority levels?

    / Jan 16, 2015 at 4:48 PM
  • 44 Lillis Road 1a

    Dewey & LeBoeuf, Lawyerly Lairs, Real Estate

    Lawyerly Lairs: Dewey Wonder How The Owner Of This $4 Million Mansion Went Bankrupt?

    Check out the magnificent mansion that helped drive a rainmaker into bankruptcy.

    17 Comments / / Jan 16, 2015 at 3:30 PM