Reed Smith
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Biglaw
Drug Company Found Liable In Biglaw Partner's 2010 Suicide
The partner's widow claimed her husband's suicide was the result of a drug side effect. -
Morning Docket
Morning Docket: 02.03.17
* 50 Cent is suing Reed Smith for malpractice. As they say, “Get Rich Or Sue Your Lawyers.” [Law.com]
* The federal government lags in cybersecurity because all the talent is going to the private sector. [New York Law Journal]
* Nothing says, “politics as usual” better than the South Dakota legislature declaring an “emergency” to overturn an ethics law. [Huffington Post]
* D.C. Circuit blocks state attorneys general from coming to the defense of the CFPB. [National Law Journal]
* Kellyanne scolds America for not remembering the Bowling Green massacre. Admittedly it’s easy to forget, what with it never happening and all. [CNN]
* Trump plans to roll back the protections put in place after the financial crisis. Presumably next week he’ll take action to eliminate airbags because, “hey my car isn’t crashing right this second, why does anyone need these?” [Wall Street Journal]
* NFL TE turned Wiley Rein associate Colin Cloherty has a hard time picking who to root for in the Super Bowl. [The Am Law Daily]
* The NLRB’s general counsel issued a memo recognizing college football players as employees, because they fit every conceivable definition of an employee. So obviously politicians — of one party anyway — are demanding his resignation. [Law360]
- Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use. -
Life Science, Rankings, Sponsored Content
Life Sciences Law Firm Index: Thought Leadership Category Update
This update recognizes the top firms in the Thought Leadership category of the Life Sciences Law Firm Index.
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Biglaw, Gay, Minority Issues
How Reed Smith Partner Daniel Winterfeldt Plans To Address Intersectionality Issues In The Legal Profession
What can law firms do right now to have an immediate impact on diversity and inclusion? -
Morning Docket
Morning Docket: 09.14.16
* “Your complaint claims that it must speak for us because we are too afraid to speak for ourselves. That is not how we see ourselves and certainly not how any of us believes our clients and colleagues perceive us.” Some female partners at Chadbourne & Parke are speaking out against the $100 million class-action sex discrimination lawsuit that’s been filed on their behalf. We’ll have more on this news update later today. [WSJ Law Blog]
* Davis Polk is so desperate to improve gender diversity at the firm that it has launched an alumni rehiring program to give women who have opted to leave the firm to raise children a pathway back to an associate-level position. Participants in the program will earn $190K for one year, and may be offered a permanent job. [Am Law Daily]
* Say hello to Michael Gerstenzang, who was elected as Cleary Gottlieb’s new managing partner. He’s been with the firm for his entire career as an attorney since the 1990s, and he’ll continue to maintain his private equity and funds practice during his time serving as the firm’s leader, or rather, its “listener in chief.” Congratulations! [Legal Week]
* The House of Representatives approved the Financial Choice Act, a bill meant to roll back portions of the Dodd-Frank Act, including the Volcker Rule and the Durbin Amendment. Critics had this to say: “This bill is so bad that it simply cannot be fixed. It’s clear that this is a rushed, partisan messaging tool.” [DealBook / New York Times]
* Sixteen years after the alleged fraud took place, ex-AIG chairman Hank Greenberg is standing trial. Although he’s accused of orchestrating multimillion-dollar transactions, David Boies of Boies Schiller says “[t]his case is devoid of any admissible evidence that ties Mr. Greenberg to anything improper in either of these transactions.” [Reuters]
* Deborah Broyles, global diversity director at Reed Smith, RIP. [Big Law Business]
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Associate Salaries, Biglaw, Money
This Biglaw Firm Is Out Of Touch With Associate Compensation Issues
And don't let the door hit you on the ass on the way out! -
Associate Salaries, Biglaw, Money
Biglaw Firm Finally Reveals Compensation For Midlevel And Senior Associates -- And They Are Pissed
Associates are pissed about the newly announced compensation scale. -
Associate Salaries, Biglaw, Money
No, You Are Not Matching The Market: 1st Years To $180K Doesn't Tell The Whole Story
Just because first year associates are making $180,000 doesn't mean everyone is happy. - Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms. -
Associate Salaries, Biglaw, Money
Biglaw Firm Does Right By Junior Associates, Mid-Levels and Senior Associates Not So Much
Not everyone is happy about these raises. -
Biglaw, Rankings
The Global 20 Law Firms Revealed (2016)
Congratulations to all the firms on the list! -
Biglaw, Summer Associates
The Most Important Piece Of Advice For Summer Associates? Be Afraid
Watch your backs, summer associates. -
Conferences / Symposia, Privacy, Technology
The Circuit: Cybersecurity v. Privacy
It seems like every time we take a breath, someone is breathlessly warning us about the latest cypersecurity hit or threat. What can you do to find help? -
Small Law Firms, Solo Practitioners
Why An Unconference Makes Sense For Lawyers
At an unconference, participants gather around a theme or very broad topic, and it is perfect for lawyers.
Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
Legal AI: 3 Steps Law Firms Should Take Now
The Business Case For AI At Your Law Firm
Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
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Morning Docket
Morning Docket: 04.22.16
* Prince will forever be remembered as a pioneering musician who mastered multiple genres, including rock, soul, pop, and funk, but members of the legal profession will always remember him as a ferocious defender of his music’s copyright protections. [WSJ Law Blog]
* Per a recent study that’s being referred to as the Glass Ceiling report, Wall Street Biglaw firms rarely promote women to partner. In fact, out of the 8,549 attorneys practicing at the 300 large law firms surveyed, only 3.9 percent are female partners. [Law360 (sub. req.) via ABA Journal]
* Hunton & Williams recently launched a new practice group dedicated to dealing with legal issues related to 3D printing. The innovative team will work on legal questions involving everything from intellectual property and product liability to insurance and tax. The firm now joins Reed Smith in this unique practice area. [3DPrint.com]
* Anna Alaburda’s case against Thomas Jefferson Law over its allegedly deceptive employment statistics may have ended in defeat, but there’s still one more law school lawsuit fighting its way through the courts. A case that was filed against Widener Law was appealed to the Third Circuit, and a decision is expected soon. [News Journal]
* Thanks to a ruling issued by Judge John A. Ross of the Eastern District of Missouri, the 42 lead plaintiffs in the Ashley Madison privacy hack case will not be allowed to proceed anonymously. It may be embarrassing, but as class representatives, they’ve got special roles. They must identify themselves, or proceed as mere class members. [Reuters]
Staci Zaretsky is an editor at Above the Law. Feel free to email her with any tips, questions, or comments. Follow her on Twitter or connect with her on LinkedIn.
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Biglaw, Law Firm Mergers
Reed Smith Merger Talks Fuel Discontent At Firm
There has been lots of criticism about the way Reed Smith handled this potential merger. -
Biglaw, Law Firm Mergers
Can A Merger Move Improve Morale At Reed Smith?
Reed Smith has a suitor, but the talks are still in the early stages. -
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Biglaw
What's The Biggest Law Firm In The Country?
There's a new champion law firm when it comes to headcount. -
Biglaw, Layoffs
Nationwide Layoff Watch: Beware, More Layoffs Are Coming
Yikes! Are layoffs at other firms really "inevitable"?