SullCrom

  • Associate Bonus Watch 2013

    Biglaw, Bonuses, Money

    Associate Bonus Watch: Sullivan & Cromwell Breaks Its Silence

    Sullivan & Cromwell, arch-rival of Cravath, just announced bonuses — did S&C beat CSM?

    11 Comments / / Dec 11, 2013 at 4:47 PM
  • layoffs RF

    Biglaw, Kramer Levin, Layoffs, Secretaries / Administrative Assistants, Staff Layoffs

    Nationwide Layoff Watch: Voluntary Separations at Two Major Law Firms

    Kramer Levin and Sullivan & Cromwell are trimming headcount.

    12 Comments / / May 3, 2013 at 10:05 AM
  • dude-dell

    Alston & Bird, Banking Law, Biglaw, Crime, Death Penalty, Gay, Gay Marriage, Ho-Love, JPMorgan Chase, Morning Docket, Paul Clement, SCOTUS, Supreme Court, Violence, You Go Girl

    Morning Docket: 03.28.13

    * Based on the justices’ reactions during oral arguments in Windsor v. U.S., there was no defending the Defense of Marriage Act. Not even the Paul Clement, the patron saint of conservative causes could save the day. [New York Times]

    * Alas, the David Boies and Ted Olson Dream Team stole much of the spotlight from Roberta Kaplan, the Paul Weiss partner who argued on behalf of Edith Windsor in an effort to overturn DOMA. Seriously, you go girl! [WSJ Law Blog (sub. req.)]

    * Dude, you’re getting a Dell! Alston & Bird and Kirkland & Ellis are the latest firms to join the Biglaw sharks (including Ho-Love, Debevoise, Wachtell, SullCrom, and Simpson Thacher) circling this major tech buyout. [Am Law Daily]

    * It looks like it’s time for JPMorgan to face the music for its investments in Lehman Brothers, because a federal judge just ruled that the bank cannot “dispatch plaintiff’s claims to the waste bin.” [Reuters]

    * An alleged killer’s sense of mortality: James Holmes, the suspect in the Colorado movie theater shooting, offered to plead guilty and spend life in prison in order to avoid the death penalty. [CNN]

    1 Comment / / Mar 28, 2013 at 9:07 AM
  • 'They stole it from us. Sneaky little ABA. Wicked, tricksy, false!'

    American Bar Association / ABA, Attorney Misconduct, Bankruptcy, Biglaw, Bonuses, California, Dewey & LeBoeuf, Federal Judges, Law Schools, Legal Ethics, Money, Morning Docket, Munger Tolles & Olson, Partner Issues, Patents, Privacy, SCOTUS, Stephen Breyer, Supreme Court, Travel / Vacation, United Kingdom / Great Britain

    Morning Docket: 02.18.13

    Ed. note: Due to the Presidents’ Day holiday, we will be on a reduced publication schedule today. We will be back in full swing tomorrow. We hope that you will enjoy your day off, but please feel free to lament your lack thereof in the comments.

    * “[T]hey don’t want to hear nothing.” Vedel Browne, the man accused of robbing Stephen Breyer at machete-point while the justice was vacationing in his home in the Caribbean, now claims that he’s innocent, mon. [St. Kitts-Nevis Observer]

    * You know what, the farmer in the Super Bowl commercial probably didn’t have to deal with bullsh*t like Monsanto’s seed patents, but today’s farmers do, and they’ll argue their case before the Supreme Court this week. [New York Times]

    * “I’m a betting man. And I would bet and give odds that Sullivan & Cromwell has never said that publicly.” Who dares question S&C’s stance in the hot mess that is Herbalife? None other than Carl Icahn. [Am Law Daily]

    * Here’s an important Biglaw math lesson that’s been provided to us via California-based firms like Irell & Manella, Munger Tolles, and Orrick: a little revenue minus a lot of partners equals profitability. [Recorder]

    * Amid a flurry of filings on Valentine’s Day, love must’ve been a battlefield for the embattled Dewey & LeBoeuf refugees who were in desperate search of their once promised 2011 bonuses. [WSJ Law Blog (sub. req.)]

    * From the department of things that suck: having to defend your office’s alleged “underhanded tactics” in a $150 million wrongful conviction case while you’re trying to get re-elected as district attorney. [New York Times]

    * We got bitches in the office lawyerin’ on, and they ain’t leavin’ till six in the mornin’ — unless they want to be fired. An ex-Travers Smith trainee claims she was canned for leaving the firm “early”… at 6:30 a.m. [Telegraph]

    * If it weren’t for Cosmo, this woman wouldn’t have known her landlord was an alleged creeper. A Maryland lawyer now faces criminal charges for allegedly filming his female tenants in the nude. [Washington Post]

    * “We wants it, we needs it. Must have the precious!” The ABA officially put Florida A&M on notice that its law school accreditation may be in jeopardy if they don’t shape up in terms of bar passage. [Orlando Sentinel]

    * What do you do the second you step off a cruise ship that’s been described as “a floating toilet, a floating petri dish, a floating hell”? You grab the very first lawyers you see, and sue! [Nation Now / Los Angeles Times]

    15 Comments / / Feb 18, 2013 at 9:17 AM
  • Lower Manhattan took some hits from Superstorm Sandy.

    Biglaw, Disasters / Emergencies

    Some Downtown Biglaw Firms Seem To Be Struggling With Sandy Recovery

    There are firms in lower Manhattan that still haven’t recovered from Superstorm Sandy.

    7 Comments / / Nov 15, 2012 at 11:13 AM
  • barack__obama

    Barack Obama, Biglaw, Deaths, Disasters / Emergencies, Election 2012, Election Law, Eric Holder, Gay Marriage, In-House Counsel, Law Schools, Marijuana, Morning Docket, State Judges

    Morning Docket: 11.07.12

    * “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, because 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]

    4 Comments / / Nov 7, 2012 at 9:05 AM
  • Kate Middleton

    9th Circuit, Alex Kozinski, Bankruptcy, Biglaw, Breasts, Dewey & LeBoeuf, H. Rodgin Cohen, Morning Docket, Pictures, Privacy, SCOTUS, Supreme Court, Supreme Court Clerks, United Kingdom / Great Britain

    Morning Docket: 09.17.12

    * Come on, people, Dewey really think that it’s fair that these proposed partnership clawback settlements blame only us for the firm’s implosion? The Steves and ex-CFO Joel Sanders don’t think so. [Bloomberg]

    * “[E]ven if partners’ capital contributions were used to repay Dewey’s indebtedness—so what?” Well, that’s certainly one way to defend a suit alleging Citibank’s participation in a Ponzi-like scheme. [Am Law Daily]

    * A $280K bonus sure seems nice, but do all Supreme Court clerks choose life in Biglaw once they’ve completed their stints at the high court? As it turns out, the answer is no — some view the money as “golden handcuffs.” [Wall Street Journal]

    * Because nobody can ogle these crown jewels except Prince William: the royals’ potential suit against Closer magazine over topless pics of Kate Middleton has turned into full-blown privacy proceeding. [New York Times]

    * If you’re struggling in law school, it may be wise to take some advice from those who’ve been there before you, like SullCrom’s Rodge Cohen, the Ninth Circuit’s Chief Judge Alex Kozinski. [National Law Journal]

    7 Comments / / Sep 17, 2012 at 9:11 AM
  • Supreme-Court-SCOTUS-photo-by-David-Lat1

    Attorney Misconduct, Bankruptcy, Biglaw, Boalt Hall, Copyright, Dewey & LeBoeuf, Drugs, Health Care / Medicine, Law Schools, Legal Ethics, Midsize Firms / Regional Firms, Morning Docket, Partner Issues, SCOTUS, Senate Judiciary Committee, Sex, Supreme Court, Tax Law

    Morning Docket: 06.20.12

    * It’s not just media groups that are urging the Supreme Court to allow live coverage of the announcement of the ACA decision. Senators Patrick Leahy and Chuck Grassley of the Senate Judiciary Committee have joined the club. [Blog of Legal Times]

    * Dewey know whether this failed firm’s former partners will be settling their claims any time soon? Team Togut hopes to reach a deal in the next six weeks, and claims that cooperation will absolve D&L’s deserters of all future liability. [Am Law Daily (sub. req.)]

    * From Biglaw to the big house: former Sullivan & Cromwell partner John O’Brien, who is serving time for tax evasion charges, has been suspended from practicing law in New York. [Thomson Reuters News & Insight]

    * A Stradling Yocca partner and his wife, a Boalt Hall graduate, stand accused of planting drugs on a school volunteer who supervised their son. Looks like the only thing they’re straddling now is jail time. [OC Register]

    * Dharun Ravi was released early from jail yesterday after completing a little more than half of his 30-day sentence. Funny how bad behavior got him into the slammer, but good behavior got him out of it. [CNN]

    * “Why would somebody so smart do something so stupid?” Kenneth Kratz, the sexting DA from Wisconsin, claims that the answer to that question is an addiction to sex and prescription drugs. [Herald Times Reporter]

    * Jay-Z’s got 99 problems and this bitch is one. He’s been accused by Patrick White of plagiarizing parts of his own best-selling memoir, “Decoded,” and slapped with a copyright infringement suit. [New York Daily News]

    9 Comments / / Jun 20, 2012 at 9:10 AM
  • Accounting / Accountants, Biglaw, Constitutional Law, Non-Sequiturs, Politics, Texas

    Non-Sequiturs: 05.30.12

    * Man, the economy is so bad, monks are having to go to court to fight for a new revenue stream. [WSJ Law Blog]

    * We have peace between a Texas auction house and the President of Mongolia over the ownership of a Tyrannosaur skeleton. While we’re here, should anybody wish to invite me to a pre-screening of their inventive dinosaur park, I’d like to note that I’m not the type of bloodsucking lawyer who leaves children behind. [Heritage Foundation]

    * Did you know Sullivan & Cromwell got involved in the birther controversy? The first one, the legitimate one with Mitt Romney’s father. Not the ridiculous one that Romney’s been embracing. [Reuters]

    * Speaking of Mittens, did you know he supports for-profit colleges? That’s like supporting people jumping off the Empire State Building, so long as they pay to get in. [Salon]

    * Could an accounting firm pull a Dewey? [Going Concern]

    * Have an idea for how to improve the Constitution? Share it with the good folks over at Slate. [The Hive / Slate]

    5 Comments / / May 30, 2012 at 5:47 PM
  • money towel

    Biglaw, Caption Contests, Contests, Pictures, Reader Polls

    Caption Contest Winner: Biglaw Beach Blanket Bonus Bingo

    Many lawyers are hoping that Cravath, the former market leader on spring bonuses, will leave Sullivan & Cromwell all wet. Here’s the winner for our latest caption contest…

    10 Comments / / May 7, 2012 at 1:23 PM
  • money towel

    Biglaw, Caption Contests, Contests, Pictures, Reader Polls

    Caption Contest Finalists: Biglaw Beach Blanket Bonus Bingo

    Many lawyers are hoping that Cravath, the former market leader on spring bonuses, will leave Sullivan & Cromwell all wet. Here are the finalists for our latest caption contest…

    18 Comments / / May 3, 2012 at 11:15 AM
  • money towel

    Biglaw, Caption Contests, Contests, Pictures

    Caption Contest: Biglaw Beach Blanket Bonus Bingo

    Many lawyers are hoping that Cravath, the former market leader on spring bonuses, will leave Sullivan & Cromwell all wet. Here’s the photo for our latest caption contest…

    55 Comments / / Apr 30, 2012 at 1:04 PM
  • bobby_rush_hoodie

    Airplanes / Aviation, Bankruptcy, Baseball, Biglaw, Dewey & LeBoeuf, Fashion, Federal Government, Health Care / Medicine, Morning Docket, Trademarks

    Morning Docket: 03.29.12

    * If Obamacare gets struck down, do you think insurance companies will allow children to remain on their parents’ plans until age 26? My Magic 8-Ball says: “Outlook not so good.” [Wall Street Journal] * There’s no crying in baseball bankruptcy sales! Which Biglaw firms hit a home run for playing a part in the […]

    18 Comments / / Mar 29, 2012 at 9:17 AM
  • LunchMoney

    Abortion, Biglaw, Chadbourne & Parke, Education / Schools, Money, Morning Docket, Police, Rape

    Morning Docket: 03.21.12

    * Here’s a reason why Proskauer Rose and Chadbourne & Parke might skip out on spring bonuses this year: millions of dollars worth of blowback from Allen Stanford’s Ponzi scheme. [Thomson Reuters News & Insight]

    * And speaking of spring bonuses, a lot of people noticed that Sullivan & Cromwell seems to have misled associates. “Just because it hasn’t happened yet, doesn’t mean it won’t.” Yeah, right. [Am Law Daily]

    * Next up in the war on women: a senator from Idaho thinks that women are such strumpets that they might be lying their way into abortions by claiming rape. Because that’s not incredibly insensitive. [Washington Post]

    * Apparently George Zimmerman, the man accused of fatally shooting a boy armed with a pack of Skittles, wanted to become a police officer. Looks like it’s time to kiss that dream goodbye. [Los Angeles Times]

    * Give me your lunch money, kid! Teachers aren’t supposed to be bullying students, but that’s what one Baltimore mother is alleging in a $200K lawsuit against the city’s school board. [New York Daily News]

    8 Comments / / Mar 21, 2012 at 9:09 AM
  • Attorney Misconduct, Bankruptcy, Copyright, Department of Justice, Legal Ethics, Morning Docket, Sexual Harassment

    Morning Docket: 01.20.12

    * Listen up, internet pirates: if your license plate says “GUILTY,” it’s almost like you’re doing the DOJ’s job for them. More on this later. [Blog of Legal Times] * Say cheese, because you’ll want to catch this first on camera. Sullivan & Cromwell is serving as lead counsel on Kodak’s bankruptcy case. [Am Law […]

    8 Comments / / Jan 20, 2012 at 9:01 AM
  • 3rd Circuit, American Bar Association / ABA, Law Schools, Mergers and Acquisitions, Money, Morning Docket, New Jersey, Pornography, Prostitution, Television

    Morning Docket: 01.06.12

    * Is New Jersey’s Senator Robert Menendez blocking Patty Shwartz, Obama’s Third Circuit nominee, out of resentment? Time to build yourself a bridge and GTF over it. [New York Times] * Sullivan & Cromwell took the top spot among law firms in M&A transactions in 2011, with $325.7 billion in deals. You better believe they’re […]

    3 Comments / / Jan 6, 2012 at 9:00 AM
  • lawyer-wedding-featured

    Biglaw, New York Times, Weddings

    Easiest Way to Get into the NYT Wedding Section? Be an ‘Elite’ Lawyer

    You literally cannot go wrong with a write-up in the NYT wedding section. So is there an easy way to get into the esteemed wedding section? As proven by our very own Legal Eagle Wedding Watch, lawyers seem to have been featured in abundance. But that’s just the first part of the equation, according to a new demographics study….

    35 Comments / / Dec 2, 2011 at 3:20 PM
  • Advertising, Arent Fox, Biglaw, California, Career Center, Partner Issues, Reader Polls, Shameless Plugs, This Is an Ad

    Career Center Survey Results: Top Partners to Work For – California (Part 1)

    Welcome to the West Coast edition of the Career Center’s Top Partners to Work For. For the past few weeks, we have revealed the best partners to work for in New York and Washington, D.C., as nominated by you, our readers. Now we make our way across the country to present you with the first […]

    / Nov 3, 2011 at 3:55 PM

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