Did Sandy’s thumb tip the scales in favor of Obama? Yesterday, we asked you, the ATL readers, and the answer was an emphatic no. For just last week, you predicted a comfortable reelection, despite the contemporaneous claims of a dead heat. And you were right. So, apart from the election, where the Superstorm seems to have been of little account, we wondered how Sandy (ed. note: are we still talking about the damn storm?) was, in your view, handled by your employers and schools.
Responses to our ATL Insider Survey tell us that, generally speaking, lawyers rate their employers highly in more abstract areas (e.g., “satisfaction” and “culture”) and lower in more concrete categories (e.g., “compensation” and “training”). Last week, we in the Northeast megalopolis all faced the very concrete challenge of Superstorm Sandy. Since then, we’ve covered how many firms have acquitted themselves admirably in the wake of the storm, with pro bono efforts and charitable contributions to support relief and recovery efforts.
But how about during the run-up to Sandy? Yesterday, we asked our readers who live and work in Sandy-impacted areas to assess the performance of their schools or employers in the face of the storm: how prepared were they? Was sufficient technology in place to continue operations? And how are things going now, a week later? This, in addition to a question about how the storm might have affected the outcome of yesterday’s election. Read on for the results….
* “We know in our hearts that for the United States of America, the best is yet to come.” Barack Obama was re-elected as president. Bring on the hope and change! No, seriously. [New York Times]
* In news that shouldn’t come as a surprise, regardless of who won the presidential race, there are still post-election voting issues that will likely be resolved in the courts. [Blog of Legal Times]
* But what we really want to know is who will be our country’s next attorney general. Because if anyone can fill Eric Holder’s shoes, it’s Preet Bharara, the U.S. attorney for the S.D.N.Y. [WSJ Law Blog]
* In other important news, several states approved gay marriage ballot initiatives, and others legalized marijuana. But hopefully you don’t have a case of the munchies yet — federal law still says it’s illegal. [CNN]
* They helped American citizens “ba-rock” the vote: hundreds of law students from around the country rallied around the craziness of Election Day to volunteer their assistance to worthy causes. [National Law Journal]
* Biglaw firms in NYC are still reeling after Hurricane Sandy. While WilmerHale set up temporary offices last week, both SullCrom and Fried Frank could be out of commission for weeks. [Reuters; New York Times]
* At this point, in-house counsel are kind of like the McKayla Maroneys of the legal profession, because they are seriously unimpressed with outside counsel’s efforts to improve services and fees. [Corporate Counsel]
* Judge Theodore Jones, associate judge of the New York Court of Appeals, RIP. [New York Law Journal]
Hurricane Sandy hit the legal world hard, as we’ve chronicled in these pages. And many lawyers and legal employers are stillfeeling its effects — quite literally. If you work at one prominent downtown law firm, for example, we hope you’re wearing thermal underwear.
As we mentioned on Friday, some individuals have been exploiting the Superstorm Sandy crisis to take advantage of others. The Justice Department and the SEC have issued warnings about various “Sandy scams.”
On the opposite end of the decency spectrum, some lawyers and law firms are stepping up to the plate and supporting Hurricane Sandy relief and recovery efforts. Let’s see what they’re doing — and give them some well-deserved kudos for their work….
Manhattan is going back to work today. The power is on, pretty much. The subways are running, basically. And, well hell there’s money to be made, so get your asses to your desks.
While Staten Island is still a soggy disaster, Emperor Bloomberg has gotten the corporate centers of wealth generation back online in his “luxury city.” And so the city that never sleeps is waking up.
But just because we have power doesn’t mean there is heat. Yeah, the power is back on in SoPo, but in many places the heat isn’t yet working. (This is the case in Lat’s apartment; luckily he’s already in Nashville for an eventtomorrow at Vanderbilt Law.)
So, I guess you need to be able to type with gloves on? A tipster at one Biglaw firm tells us a chilling story….
Cancelling classes is the easy part. It’s not clear that current students are even capable of taking notes in class without power.
But classes cancelled this week need to be made up next week. Not because the extra teaching is all that crucial, but because the ABA and various state bars mandate a certain number of classroom hours for law students. It’s regulation at its worst: they can’t directly measure what matters (are kids getting a quality education), so they mandate an arbitrary figure that at best means nothing.
At worst, it forces schools to jump through hoops to meet the requirements even during times of hardship. At Rutgers Law-Newark, they’re looking to have finals right up until the holidays. At NYU Law, their best solution is just to make classes excruciatingly long to make up the hours…
* The pledge of allegiance is under attack. Well, not the pledge exactly, they’re just going after God. [Boston Globe]
* You know, I get that the people without power are feeling like they’re in an episode of Revolution right now, but Manhattan has ALWAYS been two cities: the haves and the people we haves to step over on our way to having more. I feel bad for people living in Lower Manhattan who have been without their muffin cart for a couple of days… but not as bad as I feel for the poor schlep who will drag the muffin cart around for 12 hours a day every day until death. [Time]
* Shashank Tripathi appears to be behind the fake tweets about the flooding of the New York Stock Exchange. Is that protected speech or (wait for it) DID HE JUST SAY “FIRE” IN A CROWDED THEATER??????? [Gigaom]
* But to be clear, Romney is free to lie as much as he wants. Political speech, even misleading speech, is clearly protected. [ABA Journal]
* Just to be clear, because I know “low information” voters are easily confused, “Government” are the people going around trying to help you out in the storm. “PRIVATE BUSINESS,” in this case insurance companies, are the ones looking to screw you over and profit from the disaster. [New York Times]
* If you want to help the victims of Sandy (instead of just staring at pictures of their suffering like I do), you can. [Red Cross; NY Cares; Humane Society]
* Only now, at the end, do you understand the true power of Disney. Skadden helps Disney buy Star Wars. Now Lucas’s failure is complete. [Am Law Daily]
Unless you are working on fixing this, you might not be ‘essential’ today.
I was feeling pretty goddamn sorry for myself yesterday afternoon. I was working when it felt like everybody else on the Eastern seaboard had the day off. I wanted to sit in bed and watch Homeland instead of writing whatever the hell I wrote yesterday. I couldn’t even get a pizza delivered. When New York City immigrants aren’t out there trying to make a buck, you know things are shut down.
But then a crane nearly fell down and I realized that a bunch of people were “remoting in” and trying to work or appear to be work, and it made me feel better. Who are these clients that needed “service” yesterday? What the hell do they want today? Honestly, the worst part about being a lawyer with clients is that I believe “client” is Greek for “unreasonable omega-hole.”
Did you work yesterday? What is your firm’s “storm plan” to keep you billing hours instead of taking A DAY OR TWO off? There are some fun stories about Cravath’s and Orrick’s emergency keep working plans. Let’s take a look and take a poll to see who is really working today…
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
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However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: