If we were to hold a contest for “Law Firm Whose Name Sounds Most Like That of a Drag Queen,” the clear winner would be Kaye Scholer. Just drop that first “e” to form “Kay Scholer” — doesn’t she sound fierce? Scroll through this list of drag queen names. Wouldn’t Kay Scholer fit right in?
(Hey — this sounds like a fun idea for a post. If you have an idea for a law firm whose name could inspire a drag name — e.g., Morgan Lewis, Proskauer Rose (“Rose Proskauer”), Saxena White — please put in the comments or email us, subject line “Drag Name.” If we get enough submissions, we’ll hold a contest.)
Sorry, where were we? Ah yes, Kaye Scholer. Earlier this week, the firm announced its 2010 bonus schedule.
For the most part, it’s the Cravath scale, with an hours requirement (1950 hours, 1800 billable). But associates who go over 2400 hours (2250 billable) will find something extra in their stockings this year….
In our post last month about the merger of Cooley Godward and Kronish Lieb, we wondered aloud: And What About Mr. Lieb? His name was unceremoniously dumped from the moniker of the new entity, which will be known as “Cooley Godward Kronish.” Ouch.
Readers have subsequently informed us of what Richard Lieb is up to these days. He can be found alive and well, teaching a full load in the Bankruptcy LLM program at St. John’s University School of Law. He also still maintains an office at the firm, where he’s a retired partner (of counsel).
It seems that the academic life agrees with Lieb, at least according to one correspondent:
[H]e puts a lot of time and attention into his courses and, based on his reputation from many years of practice, has successfully enticed numerous”‘name” bankruptcy lawyers professors and judges to come and speak to his classes. As far as I know, St. John’s is the only LLM program in bankruptcy anywhere, and Mr. Lieb still has a remarkable command of legal principles and reported case law at his fingertips.
Glad to hear it. We hope to still have command of our bowels at age 76, to say nothing of “legal principles and reported case law.”
But still, the question remains: How does Mr. Lieb feel about having his name axed post-merger? According to time-honored law firming naming principles, one would expect the post-merger entity to be called either “Cooley Kronish” (a la “WilmerHale”) or “Cooley Godward Kronish Lieb” (a la “Pillsbury Winthrop Shaw Pittman”).
Our suggestion: Just call the firm “Suri Cruise LLP.” Publicity avalanche — and massive Google traffic — guaranteed!
(That would be almost as good a firm name as our reigning favorite: Saxena White.)
Milberg Weiss, the plaintiffs’ class-action mill currently under federal indictment, continues its swift disintegration. Here’s the latest news:
Indicted law firm Milberg Weiss has lost another partner. Christopher Jones announced Friday he’s leaving the firm’s Boca Raton office to join Saxena White.
Right now you’re scratching your head: “Saxena White, Saxena White… Didn’t I see one of her films when I took that due diligence trip to South Dakota, and stayed in the motel with the vibrating bed?”
But no, Saxena White isn’t a porn star — it’s a law firm:
[The] firm was founded last month by former Milberg partner Maya Saxena and associate Joseph White, who left a few weeks after the firm’s May 18 indictment.
Perhaps they split off from Milberg and started their own shop to avoid criminal liability. Or maybe they wanted a shot at winning Above the Law’s first annual contest for “Law Firm That Sounds Most Like a Porn Name.”
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
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.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
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: