* Now that Barack Obama has secured his seat as a two-term president, in-house counsel in the financial sector can kiss their dreams of Dodd-Frank being repealed goodbye. Here are some issues to think about in light of its new footing. [Corporate Counsel]
* “We’re in the early innings of adjusting what value means.” And these days, it looks like “value” is synonymous with “making less money.” Given the results of this third quarter analysis, it’s quite clear that flat is still the new up for Biglaw. [WSJ Law Blog]
* Blow my whistle, baby? A DLA Piper partner filed a $4M suit against the Office of the Comptroller of the Currency on claims he was maliciously prosecuted as revenge for whistleblowing. [Daily Business Review]
* After being arrested on domestic violence charges, it seems that Steven Guynn of King & Spalding has left the firm. He doesn’t need to sweat his unemployment, because his house is for sale for $3.3M. [Am Law Daily]
* From Biglaw to Midlaw: Morrison Cohen, a midsize firm, managed to poach a partner from Willkie Farr. But how? Apparently this guy was no longer interested in billing “$900-plus” per hour. [New York Law Journal]
* Former Congresswoman Gabrielle Giffords will be present at Jared Lee Loughner’s sentencing hearing today, though it is unknown if she herself will speak. His expected sentence is life without parole. [ABC News]
Steven Guynn, a former partner at King & Spalding, has been the subject of some salacious allegations. Whether they’re true or false, here’s one thing established beyond a reasonable doubt: his $3 million mansion is magnificent.
Most everyone knows what an elevator speech is: it’s a short, pithy, memorable description of a company’s services. Lawyers have always built their reputations on their expertise, such that the creation of an elevator pitch should be one of the easiest things for an attorney to do; however, many lawyers still stumble over the basic question: “What do you do?”
Corporate law partners are supposed to have kick ass deal books, but they’re definitely not supposed to kick their mistresses’ asses. Let’s learn about the charges that one King & Spalding partner is facing….