Real Estate

We have written thousands upon thousands of words about Dewey & LeBoeuf this week — in fact, this day. Covering this sad but fast-moving story has been exciting and exhausting.

We’re tired. So let’s resort to pictures, as we have in the past, to tell the Dewey story….

double red triangle arrows Continue reading “Dewey & LeBoeuf: A Visual Essay
(Or: Dewey know what Steve DiCarmine looks like?)”

They say that a picture is worth a thousand words. Here at Above the Law, we have given you many thousands of words about the troubles of Dewey & LeBoeuf. See, e.g., this lengthy post about the firm’s former leaders, ex-chairman Steven Davis and former executive director Stephen DiCarmine.

Now we bring you some pictures. As it turns out, the possible demise of Dewey has inspired the creation of art.

Keep reading, and check out the images below for a forthcoming portrait of former chairman Steven Davis, a chilling photograph, and an unfortunate D&L advertisement….

double red triangle arrows Continue reading “Dewey & LeBoeuf: A Visual Essay (Part 1)”

Adriana Ferreyr

* Starting next year, if you want to be a lawyer in New York, you’re going to have to work for free. Because nothing says “we care” like indentured servitude. Thank God for law school clinic hours… maybe. [New York Times]

* Mo’ law schools, mo’ problems? That’s what Dean Wu thinks. Here’s a new trend to watch: UC Hastings, like other law schools, will be reducing its incoming class sizes. [USA Today]

* MOAR TRANSPARENCY! Support has been shown for the ABA’s proposed changes to law school disclosure requirements. All the better for those “sophisticated consumers,” eh, Judge Schweitzer? [ABA Journal]

* “Dogs are always happy to see you, no matter how you do on your Evidence exam.” Only real bitches would throw shade. Emory has joined the therapy dog pack for finals. [11 Alive News]

* In trying to dismiss a $50M suit against billionaire George Soros, his lawyer claimed that his ex would have had to suffer an “unconscionable injury.” Dude, she did. She banged an octogenarian. [New York Daily News]

* Ann Richardson, Associate Dean for Academic Affairs at the UDC School of Law, RIP. [Washington Post]

In August of 2009, while driving around Silicon Valley after speaking at Santa Clara Law, I saw an office park in East Palo Alto with a sign that jumped out at me. Being a Biglaw groupie, I stopped and snapped a picture:

I parked, got out of my rental car, and walked around. I was struck by the beauty of the overall office complex, with its expansive plaza, immaculate landscaping, and fountains. It was a veritable law firm Xanadu!

Or maybe an old Indian burial ground….

double red triangle arrows Continue reading “Lawyerly Lairs: Dewey Have An Exorcist In The House?
(Plus more potential partner departures.)”

Ekaterina Rybolovleva: 'But daddy, I want an $88M apartment now!'

* No dowry, no problem: Dewey we have a suitor for this imploding Biglaw firm? Rumor has it that Greenberg Traurig was seen whispering sweet nothings into D&L’s ear about its possible interest. [Am Law Daily]

* BlackBerry maker Research In Motion has hired Milbank Tweed to work out a restructuring plan. Just think, maybe if your product didn’t suck so hard, you wouldn’t be in this position in the first place. [Reuters]

* Sex, money, and betrayal… it sounds like another failed TV series about lawyers on ABC, but in actuality, it’s just a preview of the John Edwards campaign finance trial set to begin this week. [Los Angeles Times]

* Technophobes beware, because this copyright battle over code is getting serious. Oracle v. Google turned into Larry v. Larry in court last week as the CEOs for both companies gave testimony. [Bits / New York Times]

* George Zimmerman thought he’d have to stay in jail longer because he was having trouble coming up with his bail money, but he was released in the dead of night. Bet he looked pretty suspicious. [CNN]

* “There are [fewer students] coming in and crying. I haven’t had a crier yet, which I have had in the past.” Given the legal hiring market, that’s a real accomplishment for a career services official. [Charlotte Observer]

* Who gives a sh*t? Not this Russian fertilizer tycoon. When you’re a billionaire, buying an $88M apartment for your kid is just a run-of-the-mill transaction. Come on, he’s not hiding his assets for his divorce. [Telegraph]

New Yorkers: you can have this house for the cost of a one-bedroom in Queens.

We will admit to some bias in Lawyerly Lairs, our column about the fabulous homes of lawyers all across this great land. As you may have noticed, Lairs coverage focuses disproportionately on the East Coast and the West Coast. Most recently we’ve written about a $10 million beach house in Malibu, a $3 million condo in Manhattan, a $10 million mansion in Brooklyn Heights, and a variety of properties in Washington, D.C.

So we’re going to try something different today. We’re heading to the heartland, where there are some major real estate bargains to be had.

Have you ever fantasized about selling your $500,000 (or $1 million or $2 million) home in an expensive coastal city, buying a $250,000 place in a less expensive part of the country, and pocketing the difference (so you can live off it for a while)? Keep reading….

double red triangle arrows Continue reading “Lawyerly Lairs: A Visit to Flyover Country”

Partnership has its privileges. Partners at major law firms enjoy glittering prestige and eye-popping profits. The retirement benefits are amazing; some partners take home seven-figure checks for years after leaving their firms. All of this filthy lucre allows some partners to snag beautiful mates — sexy Russian spies, ex-girlfriends of Hollywood celebrities, and former models from Brazil.

The real estate isn’t bad either. Many Biglaw partners own million-dollar homes, which we lovingly cover in Lawyerly Lairs. And law firm offices are paragons of elegance and comfort — which they ought to be, considering how much time the partners spend in them. (In New York, I’m particularly fond of Proskauer’s premises and Davis Polk’s digs.)

Partners with sufficient seniority enjoy coveted corner offices. Right?

Not necessarily. That brings us to our latest Biglaw blind item….

double red triangle arrows Continue reading “Biglaw Blind Item: Paradise Lost”

Most of the coverage of this $10 million Malibu beach house changing hands has focused on the famous seller. Music mogul Irving Azoff, executive chairman of Live Nation Entertainment and the founder of Azoff Music Management Group, has represented such mono-monikered celebrities as Seal, Jewel, and Christina (Aguilera, of course).

But we’re more interested in the buyer, a phenomenally successful litigator. Who is he, and where does he work?

And what does the inside of his new home look like? We have photos, of course….

double red triangle arrows Continue reading “Lawyerly Lairs: Litigator Laps Up Malibu Mansion
(For A Cool $10 Million)”

Hotter than a real poison pill.

* I know you don’t want to be evil, but I don’t think “privacy” means what you think it means. Google users have filed a class action suit against the company in New York over its new complete and utter lack of privacy policy. [Bloomberg]

* So you made some anti-war comments, touched Dick Cheney, got arrested, claimed your First Amendment rights were violated, and your case made it all the way to SCOTUS. Greatest accomplishment? Not getting shot by Cheney. [Huffington Post]

* Whoa, whoa, whoa. You mean to tell me that Wachtell’s name partner, Martin Lipton, the man who created the “poison pill,” supports staggered boards? Consider my mind blown. [DealBook / New York Times]

* M&A maven Dennis Block and real estate rock star Jeffrey Feil each donated $1M to their alma mater, Brooklyn Law School. See, you don’t need to go to a T14 school to make bank. [National Law Journal]

* Protip: not even Dov Charney’s world-renowned creepiness can save you from an arbitration agreement. A former employee’s $260M sex slave suit has been tossed out of court. [New York Daily News]

The people building 1 World Trade Center still seem to be having trouble attracting big-time tenants. Especially law firms. Previous reports have indicated that Mayer Brown and Morgan Lewis have backed out of deals to take up residency in the new tower.

The latest law firm deal to fall through appears to be that of Chadbourne & Parke. In January, the New York Times reported with much fanfare that Chadbourne & Parke would be a “prime tenant” a 1 WTC. But this week, the New York Post is reporting that the deal has fallen through.

Chadbourne, currently housed at 30 Rock, doesn’t have to go downtown, but it can’t stay where it is. So where will Chadbourne be going?

double red triangle arrows Continue reading “Will Chadbourne & Parke Wind Up Homeless?”

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