Real Estate

Accreditation Appeal²

* How many of Above the Law’s Scalia groupies tuned in to watch the opinionated Supreme Court justice on Piers Morgan last night? Now we all know what Justice Scalia’s favorite pasta dish is! [CNN]

* In other news, the Supreme Court’s approval rating has dropped even lower in the wake of the Affordable Care Act decision — just 41% of Americans are satisfied with SCOTUS. [New York Times]

* Dewey know if D&L is going to be able to pay out bonuses and retention fees? Not if the U.S. Trustee can help it. They’re not “cost effective or economically feasible” — go figure. [Bloomberg]

* City records for Boaz Weinstein’s and Tali Farhadian Weinstein’s $25.5M lawyerly lair have officially hit the books. Not too shabby for a federal prosecutor. [New York Observer]

* “I am not a racist. I am not a murderer.” George Zimmerman sat down for an interview with Sean Hannity to tell his side of the story. Prosecutors must be thanking Zimmerman’s attorney for this gift. [Orlando Sentinel]

* Duncan Law is appealing its accreditation appeal before the American Bar Association’s Section of Legal Education and Admissions to the Bar. This must be the three strikes approach to accreditation. [ABA Journal]

* Give this undocumented immigrant one of the documents he’s earned. Immigration law professors are lining up to support Sergio Garcia’s attempt to win admission to the California bar. [National Law Journal]

* California’s foie gras ban will remain in effect due to the lack of a “satisfactory explanation” as to why a TRO should be granted. Sorry, but wanting to eat classy French food isn’t a good enough reason. [Businessweek]

Justice Sotomayor is enjoying D.C. life. Last month, she attended a Nationals vs. Yankees baseball game. (Photo by an ATL tipster.)

A reader down in Washington, D.C., recently shared with us this amusing Facebook status update from one of his friends: “Gentrification (noun): When a Supreme Court justice moves into the [condo above] the first apartment you lived in DC, which used to share a block with an abandoned gas station / drug den and a ‘do not bring guns to [elementary] school’ sign.”

Who’s the justice in question, intrepidly moving into a gentrifying neighborhood? None other than Justice Sonia Sotomayor. The Wise Latina recently acquired a condo in D.C.’s uber-trendy U Street corridor.

How much did she pay for her new place? And what does it look like? Yes, we have pictures….

double red triangle arrows Continue reading “Lawyerly Lairs: Justice Sotomayor Está En La Casa”

* “Many organizations have people who do dumb things.” Members of the Secret Service aren’t the only suits getting secretly serviced. Apparently Treasury Department officials like hookers, too. [New York Daily News]

* The cool cats at WilmerHale arrived for their first day of work yesterday at their hip new downtown location. Their library has a Wii, but who are they kidding, it’s probably just for show. [Am Law Daily (sub. req.)]

* On the other side of the fence, we’ve got some signs of the impending lawpocalypse. Soon Biglaw veterans will be forced to say goodbye to the corner office and hello to the glass-walled cubicle. [WSJ Law Blog]

* George Zimmerman: alleged murderer, and now an alleged child toucher (though he was still a child himself). Witness 9 claims Zimmerman abused her for a decade while they were both underage. [CNN]

* “We want to have a bar pass standard that really works. And it’s clear it doesn’t work now.” Oh boy, would you look at that. The ABA is trying to make it look like it’s doing something to improve law schools! [ABA Journal]

* Emory Law received a record donation, and more than half will fund minority student scholarships. Little do these kids know that they’ll soon be condescendingly told to move to Nebraska. [National Law Journal]

* But then again, maybe Nebraska isn’t so bad, considering three law schools are shipping students to neighboring Iowa. The towns are tiny, and the surroundings are rural, but come on, the state’s got jobs. [NPR]


Contrary to popular belief, many lawyers who toil in Biglaw actually enjoy what they do. This is especially true of partners (as opposed to associates who just pass through on their way to in-house or government opportunities). Some partners enjoy their work so much that they’d do it for free — or at least for much less than the millions they typically receive.

Of course, even if you find fulfillment in the work you do as a law firm partner, you can’t deny that the other benefits are nice. Being a Biglaw partner certainly allows you to provide an upscale lifestyle for your family. And it might permit you to enjoy an early retirement for yourself.

When you earn millions of dollars a year in partner profits, with lucrative retirement benefits on top of that (assuming your firm doesn’t do a Dewey), you don’t need to work until you’re 65 or 70. Instead, you can get an early start on your golden years, pursuing all of the hobbies and interests that you never had the chance to explore while billing 2000-plus hours a year.

That’s exactly what a retired Skadden corporate partner, James Freund, has been doing. Freund, who is now 77, retired from SASMF back in 1996, around the age of 61 (a little early, but not hugely so).

A few years ago, Freund scaled back his lifestyle. He traded in his $5 million townhouse for an apartment — one that cost a mere $3 million. Being a retired Skadden M&A partner is a tough life, but somebody’s got to live it….

double red triangle arrows Continue reading “Lawyerly Lairs: Retired Skadden Partner ‘Downsizes’ to $3 Million Penthouse”

A not-so-little house on the prairie. It looks like a Wright, right?

Are you having a difficult time finding a position in the depressed legal job market? Maybe you need to think about relocating. Have you considered moving to Iowa? As noted by Vivia Chen over at The Careerist, the “Life Changing” state is experiencing a lawyer shortage.

Lawyer jobs and husks of corn aren’t all that Iowa has to offer. The state also has a reasonable cost of living, including some very well-priced real estate.

Take the Iowa home of a former partner Biglaw partner and former general counsel to a major media company. This lovely residence is currently on the market for a surprisingly modest sum….

double red triangle arrows Continue reading “Lawyerly Lairs: Hie Thee to Iowa?”

* Have you ever wondered why Justice Clarence Thomas hasn’t spoken during oral arguments before SCOTUS in more than six years? It’s probably because he hates them so much that he thinks we should “do away” with them entirely. [Charlotte Observer]

* Former Solicitor General Paul Clement, he of unparalleled oral advocacy skills, claims that there’s “no magic formula for time management” — but having a superior legal mind certainly helps the situation when preparing for argument. [Appellate Daily]

* It’s “highly likely” that Rajat Gupta will won’t take the witness stand to testify in his own defense at his insider-trading trial. Query what Benula Bensam would have written to Judge Rakoff about that. [Los Angeles Times]

* If you’re thinking of hopping on the “blame the ABA” bandwagon in defense of your employment statistics, think again. A federal judge rejected Cooley Law’s argument on that front last week. [National Law Journal]

* Meanwhile, Cooley “isn’t interested in reducing the size of its entering class on the basis of the perceived benefit to society,” but at least ten other schools will be reducing class sizes. [Wall Street Journal (sub. req.)]

* A judge denied Jerry Sandusky’s motion to dismiss the charges against him. The former football coach clearly needed 1-800-REALITY check if he seriously thought that his request was going to be granted. [CNN]

* If you’re planning on living rent-free in New York City for almost a decade, make sure you’re doing it in a building that isn’t up to code. You’ll never be evicted thanks to this Court of Appeals ruling. [New York Times]

The bankruptcy case of the dying Dewey & LeBoeuf rolls on. As we mentioned yesterday, other Biglaw firms are getting business out of its burial. For example, Brown Rudnick is representing the official committee of unsecured creditors, and Kasowitz Benson is representing the official committee of retired D&L partners. (This group is separate from the 60 or so ex-partners who have hired Mark Zauderer to fight potential clawback lawsuits and other claims that the Dewey estate might bring against former partners and their new firms.)

If asked to name people who might be worried about owing money to the Dewey estate, some observers might cite “the Steves”: former chairman Steven H. Davis, and former executive director Stephen DiCarmine. Some have accused the Steves of mismanaging D&L’s affairs (or worse), contributing to the collapse of a firm that was once in the top 30 U.S. law firms by total revenue.

But if you’re thinking that Steve DiCarmine wants to pay the Dewey estate some money and get on with his tanning life, think again. As it turns out, Steve DiCarmine is claiming that Dewey owes him money….

double red triangle arrows Continue reading “Dewey Have Stephen DiCarmine as a Bankruptcy Creditor?
(Plus pictures of his former office.)

Ed. note: Above the Law will not be publishing on Monday, May 28, in observance of the Memorial Day holiday.

UPDATE (5/28/2012, 11 PM): Unless, well, Dewey files for bankruptcy.

* This is a crazy idea to contemplate: Do bosses’ wives sabotage the advancement of women in the workplace? [The Careerist]

* Mary mother of pearl. This is terrifying. I wouldn’t pull this on my worst enemy. Well, maybe the worst, like an Emperor Commodus-level nemesis. [New York Personal Injury Law Blog]

*The LSAT is bad enough as it is, but no one warns you about how it can lead to getting L-fat. [Life in the Law School Lane]

* Petty crime, penny crime. Same difference. [Legal Juice]

* It’s a wonderful plot of land. You have the hillside, a great view, and if you walk down this way, you’ll see the mine field and our chemical weapons collection. We are offering a discount for… wait, why are you running away? [Courthouse News]

* Wow. Google says it removes a million copyright infringing links… every month. Last month more than half of the requests came from Microsoft. [Threat Level / Wired]

This $10 million house is owned by a lawyer at a top law firm. Which one?

What can we say? We can’t get enough of Washington real estate. And neither can you, judging from the traffic generated by our recent look at some million-dollar homes in the D.C. area. So let’s return to that well.

Our last story was about homes in the $1 million to $3 million range. Let’s class it up a bit and look at Lawyerly Lairs ranging in value from $7 million to $10 million….

double red triangle arrows Continue reading “Lawyerly Lairs: The Five Most Expensive Attorney Abodes in Washington, D.C.”

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.

Dewey have pictures? Most certainly….

double red triangle arrows Continue reading “Lawyerly Lairs: Dewey Know What Steven Davis’s Office Looks Like?”

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