Shearman & Sterling
-
Bankruptcy, Biglaw, California, Cozen O'Connor, Craigslist, Disability Law, Drugs, Environment / Environmental Law, Eric Holder, Gay Marriage, Howrey LLP, Kasowitz Benson, Law Schools, LSAT, Marijuana, Morning Docket
Morning Docket: 08.30.13
* The Department of Justice won’t be harshing anyone’s mellow in Washington and Colorado just yet, because Eric Holder has more important things to do than to get involved in people’s pot. [CNN]
* The IRS will now treat all legal gay marriages the same as straight marriages for tax purposes, no matter where the couples live. That’s absolutely fabulous! [Federal Eye / Washington Post]
* Howrey going to deal with all of Allan Diamond’s unfinished business claims made as trustee on behalf of this failed firm? By claiming as a united front that “[c]lients are not property,” even if we secretly think they are. [Am Law Daily]
* In this wonderful post-Windsor world, the parents of a deceased Cozen O’Connor attorney are appealing a judge’s ruling as to the dispensation of their daughter’s death benefits to her wife. [Legal Intelligencer]
* Reduce, re-use, and recycle: environmentally friendly words used to reduce a Biglaw firm’s carbon footprint, not the number of its lawyers. Say hello to the Law Firm Sustainability Network. [Daily Report]
* Disability rights groups are coming forward to defend California’s LSAT anti-flagging law because the amount of extra testing time you receive should be between you and your doctor. [National Law Journal]
* If you thought Charleston School of Law was going to be sold to the InfiLaw System, then think again. The law school is up for grabs on Craigslist. Alas, the “[s]tudent body has been used.” [Red Alert Politics]
If you’re interested in purchasing Charleston School of Law, keep reading to see the ad (click to enlarge)…
-
Beyonce, Biglaw, Contests, Fabulosity, Music, Parties, Reader Polls, Sports, Summer Associates
ATL Summer Associate Event Contest (2013): The Winner!
Above the Law readers are a classy bunch -- check out the winner of this year's summer associate event contest. - Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms. -
Beyonce, Biglaw, Contests, Fabulosity, Music, Parties, Reader Polls, Sports, Summer Associates
ATL Summer Associate Event Contest (2013): The Finalists
Which of these summer associate events is your favorite? Check them out and cast your vote.
-
Ask the Experts, Career Alternatives, Career Center, Career Files, Law Schools, Law Students, Lawyers, Layoffs
From the Career Files: How To Use The JD/MBA Degree In Business And Entrepreneurship
Kristina Tsamis, ATL's Research Manager, shares some career advice for JD/MBAs that was presented at a panel discussion hosted by the Cornell Law School Alumni Association and Duke Law School. -
Biglaw, Federal Government, Lateral Moves, Musical Chairs, Partner Issues
Musical Chairs: Notable New Names at Davis Polk, Paul Hastings, and Orrick
Davis Polk lands a big-name lateral with major government experience, while Paul Hastings and Orrick raid rivals for talent. -
Biglaw, Money, Partner Issues, Partner Profits
A Biglaw Firm Plays With Its Partner Pay Scale
Top partners are getting their pay cut at one leading law firm. Why? -
Airplanes / Aviation, Arent Fox, Biglaw, Depositions, Drinking, Gay Marriage, Husch Blackwell, Labor / Employment, Lateral Moves, Lindsay Lohan, Money, Morning Docket, Partner Issues, White-Collar Crime
Morning Docket: 04.10.13
* The National Labor Relations Board, now with fewer recess appointments! Partners from Arent Fox and Morgan Lewis were nominated to fill seats necessary for the board’s quorum. [National Law Journal]
* Shearman & Sterling seems to be bucking the Biglaw system. The firm is cutting pay for high earners and increasing it for lower-ranking attorneys. We’ll probably have more on this later today. [Reuters]
* Dentons (formerly known as SNR Denton) recently poached a six-partner team led by Stephen Hill from Husch Blackwell to bolster its white collar practice. Welkom too teh furm, guise! [Am Law Daily]
* “It is technically more legal to screw a walrus than to get gay married.” You know you live in a very sad place when not only do article headlines like this exist, but they’re also CORRECT. [Death and Taxes]
* An American Eagle pilot is facing attempted drunk flying charges. Yes, that’s a thing, but come on now, anyone who’s seen the movie Flight knows you can fly a plane while you’re wasted. [Bloomberg]
* Lindsay Lohan blew off a deposition in Los Angeles yesterday. Cut the girl some slack; she had to appear on the Late Show with David Letterman, which was way more important. [Contra Costa Times]
-
Biglaw, Fabulosity, Lawyerly Lairs, Mergers and Acquisitions, Money, Partner Issues, Real Estate
Lawyerly Lairs: An M&A Maven's Magnificent Manse
Biglaw offers big rewards. Check out this M&A partner's townhouse, now on the market for $7.25 million. - Sponsored
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
In this CLE-eligible webinar, we’ll explore the most common accounting pitfalls and how to avoid them for your firm. -
ACLU, Antonin Scalia, Bernie Madoff, Biglaw, Crime, Deaths, Federal Judges, Football, Free Speech, Law Schools, Mergers and Acquisitions, Morning Docket, Partner Issues, Prisons, Robert Bork, Ruth Bader Ginsburg, SCOTUS, Sentencing Law, State Judges, Supreme Court
Morning Docket: 12.21.12
* Seven out of nine sitting Supreme Court justices were silent when it came to the passing of Robert Bork. Justice Antonin Scalia, of course, issued a public statement, as did liberal Justice Ruth Bader Ginsburg (surprise!). [WSJ Law Blog (sub. req.)]
* No one ever really doubted that it would take an army of Biglaw lawyers from the likes of Sullivan & Cromwell, Shearman & Sterling, and Wachtel Lipton to handle a monumental deal like the proposed $8.2 billion NYSE/ICE merger. [Am Law Daily]
* Can you coach with Nick Saban and be a Miller Canfield partner at the same time? No. But you can sue (and win!) when the firm allegedly forces you out due to its “culture of fear and intimidation.” [Detroit Free Press]
* Justice Rolando Acosta, who wrote the opinion upholding the dismissal of the class action case against NYLS, rates well among his peers as a nominee for the New York Court of Appeals. [New York Law Journal]
* Peter Madoff was sentenced to ten years in prison for his role in Bernie Madoff’s Ponzi scheme, but the judge will probably let him go to his granddaughter’s bat mitzvah before shipping him to the pokey. [Bloomberg]
* Merry Christmas, now go f**k yourself. A federal judge has given a woman in Louisiana free rein to display holiday lights on her roof in the form of an extended middle finger. God bless America. [CBS 3 Springfield]
-
Associate Bonus Watch 2012, Biglaw, Bonuses, Money
Associate Bonus Watch: Shearman & Sterling
This is not a "match" of the Cravath bonuses in the classic sense. Let's look at the details.... -
Biglaw, Clarence Thomas, Department of Justice, Federal Government, Job Searches, Law Schools, Morning Docket, Patents, Pro Bono, Public Interest, Rankings, SCOTUS, Supreme Court, Supreme Court Clerks, Technology
Morning Docket: 09.24.12
* Hey, “regular students” with “regular backgrounds,” you may be able to get a job as a SCOTUS clerk, because Justice Clarence Thomas is the Supreme Court’s honey badger in that he doesn’t give a sh*t about rankings. [Seattle Post-Intelligencer]
* Because $1.05 bill wasn’t quite enough, Apple is asking for additional damages in its patent war lawsuit against Samsung. Ohh, come on, Judge Koh, it’s just an extra $535 million. Everyone else is doing it, come on. Just give us the money. [Bloomberg]
* The D.C. Circuit suit about White House visitor logs is kind of like a recurring issue we see with law schools, in that transparency here means “[w]e will disclose what records we want you to see.” [National Law Journal]
* Skadden is teaming up with local legal aid groups to start a pro bono initiative in D.C. We hear they’ll be handing out gift cards as a show of appreciation to those who sign up. [Capital Business / Washington Post]
* Sumner Redstone recently donated $18M to BU Law. Will his successor be as charitable? From Columbia Law to Shearman & Sterling to media mogul: meet Philippe Dauman, CEO of Viacom. [New York Times]
* “The employment statistics really are the collective impact of individual choices.” And one of them was attending law school anyway, despite all of the negative media attention they’ve received. [Cincinnati Enquirer]
* Remember the Harvard Law student who ran for Student Government President and pledged to resign after rewriting the organization’s constitution? Well, he graduated, but at least he got a draft in. [Harvard Crimson]
-
Boutique Law Firms, Cardozo Law School, Lateral Moves, Litigators, Melvyn Weiss, Milberg Weiss, Musical Chairs, Partner Issues, Plaintiffs Firms, Small Law Firms
A Portrait of a Plaintiffs' Firm: Seeger Weiss
What is it like to work at a successful and growing plaintiffs' firm? We take a detour from Biglaw to check out Seeger Weiss.... -
Bankruptcy, Biglaw, Dewey & LeBoeuf, Dissolution, Lateral Moves, Law Firm Mergers, Musical Chairs, Partner Issues, Tax Law
Dewey Have Enough Money To Use FedEx?(Plus more potential defections, and bankruptcy planning.)
Is it true that FedEx is banned at Dewey? Which D&L partners might be heading for the door next? And what's all this talk about bankruptcy protection?
Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
The Business Case For AI At Your Law Firm
-
3rd Circuit, American Bar Association / ABA, Barack Obama, Biglaw, Constitutional Law, Federal Government, Free Speech, Guns / Firearms, Legal Ethics, Money, Morning Docket, Old People, Politics, Pornography
Morning Docket: 04.18.12
* Since you’re so funny, crack some jokes about this one, Obama. Senate Republicans will be filing an amicus brief in support of a challenge to the constitutionality of the President’s recess appointments. [New York Times]
* Thanks to this Third Circuit ruling, you can rest easy knowing that you can rely on the First Amendment to protect your homemade sex tapes from all of those strict porn record-keeping and labeling requirements… for now. [Reuters]
* Due to Kelley Drye’s EEOC settlement, the New York State Bar Association is asking firms to end mandatory retirement policies. Because old folks need to make bank till they croak. [Thomson Reuters News & Insight]
* The ABA’s Commission on Ethics 20/20 has decided to ditch its proposal to allow limited nonlawyer ownership of law firms. Cue tears and temper tantrums from the likes of Jacoby & Meyers. [Am Law Daily]
* “If I believe that Chris Armstrong is a radical homosexual activist, I have a constitutional right to express that opinion.” Yeah, yeah, yeah. Tell that to the judge who dismissed your suit, Shirvell. [Detroit Free Press]
* Presenting “her royal hotness”: apparently Pippa Middleton has been seen cavorting around France with gun-toting lawyer Romain Rabillard, of Shearman & Sterling. [Daily Mail]
-
Drinking, Email Scandals, Letter from London, Sex, Sex Scandals, Travel / Vacation, United Kingdom / Great Britain
Letter from London: Shearman Lawyer in 'Spit-Roast' Email Shame
It was just another day at Shearman & Sterling. Daniel England, a British trainee lawyer based at the firm's Singapore office, took a break from whatever thrilling piece of work he was doing to email his friends about their forthcoming vacation in Dubai. Being a rules-obsessed lawyer, he included a list of "do’s and don’ts" for the group -- two of whom work in London's financial district, the City -- to follow on the trip. A few days later, the poor fellow found the email plastered across the British press.... -
Akin Gump, Associate Bonus Watch 2011, Associate Salaries, Bonuses, Dewey & LeBoeuf, Ho-Love, Money, Partner Profits
Keeping Up With the Cravathians: The Ten Most Generous (or Foolish?) Law Firms
Cravath is among the most profitable firms in the world. We thought it would be interesting to see what the implications of matching Cravath are for those firms with much lower profit margins. Which firms’ partners willingly take the biggest hit by keeping up? Are these firms arguably more “generous”? After the jump, check out those firms that pay the largest percentage of PPP in bonuses.... -
Associate Bonus Watch 2011, Biglaw, Bonuses, Money
Associate Bonus Watch: Shearman & Sterling
As they say in the Pokémon movie, you gotta catch 'em all. That's how we approach bonus news here at Above the Law. We've heard some rumblings about some big, Cravath topping bonuses at a well known shop, but for now, we've got a standard Cravath match. Shearman & Sterling, come on down. You're on "The Price Is Meh"... -
Biglaw, Lateral Moves, Musical Chairs, Partner Issues
Musical Chairs: Orrick Assembles an Impressive Team of Finance and High-Yield Lawyers
The law firm of Orrick, Herrington & Sutcliffe continues to do battle with its former client, MGA Entertainment. It seems that the maker of Bratz dolls is still acting in bratty fashion, by not paying its legal bills, and Orrick has moved to withdraw from representing MGA. Fortunately, things are happier on the transactional side for Orrick. The firm just announced that it's picking up five bank finance and high-yield partners, for its New York office. The new arrivals come from four different places, including three firms whose names you will definitely recognize.... -
Advertising, Biglaw, Career Center, Holidays and Seasons, Intellectual Property, Shameless Plugs, This Is an Ad, Trusts and Estates
Career Center Survey Results: Who Labored on Labor Day?
Almost half (48%) of Career Center survey respondents said they were too busy billing on the Labor Day holiday to fire up the barbie. That’s more than the 35% of survey respondents who reported working on the Fourth of July, but less than the 73% of respondents who worked on Presidents’ Day, and the 66% […] -
Biglaw, Cold Offers, Job Searches, NALP, National Association for Law Placement (NALP), No Offers, Summer Associates
Summer Associate Offer Rates: Another Update(Now we'd like to hear about the no-offering....)
Welcome to our latest round-up of summer associate offer rate news. This post contains the latest list of law firms and offices with 100 percent offer rates. Time to pop the bubbly....