SullCrom

Earlier this week, we asked readers to submit possible captions for this photo:

Let’s have a look at what our readers came up with, and then vote on the finalists….

double red triangle arrows Continue reading “Caption Contest Finalists: Biglaw Beach Blanket Bonus Bingo”

Brother, can you spare a dime? This year’s spring bonuses from Sullivan & Cromwell made legions of attorneys feel like they were hustling for spare change instead of living the Biglaw high life. With the bar on bonuses set so low, Cravath now has the opportunity to blow S&C out of the water.

And truth be told, many lawyers are hoping that the former market leader on spring bonuses will leave SullCrom all wet. Aww, don’t worry, we’ll get you a towel.

Here’s the photo for our latest caption contest….

double red triangle arrows Continue reading “Caption Contest: Biglaw Beach Blanket Bonus Bingo”

* 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 sale of the LA Dodgers? Dewey & LeBoeuf, Foley & Lardner, and Sullivan & Cromwell. [Am Law Daily]

* “Just because you wear a hoodie does not make you a hoodlum.” But a hoodie will definitely prevent you from being recognized on the House floor. Just ask Congressman Bobby Rush. [New York Post]

* Things you can’t do on an airplane? Have a mid-flight nutty. Pilot Clayton Osbon has been criminally charged for his erratic form of in-flight entertainment, and he faces up to 20 years in prison if convicted. [Reuters]

* Guess who’s allegedly been infringing upon a high-end fashion house’s trademarks to the tune of $124M? Gucci was in court yesterday to accuse Guess of engaging in a massive “knock off” scheme. [Bloomberg]

* 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]

That's sexual harassment, but you probably want to take it.

* 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 Daily]

* Protesting fail: looks like New York’s Occupy the Courts group won’t even be able to occupy the courthouse steps today. [Bloomberg]

* Stephen Colbert’s lawyer, Trevor Potter of Caplin & Drysdale, is now an internet celebrity. He’s a UVA Law grad, so pop your collars. [Chicago Tribune]

* Sexting extraordinaire Ken Kratz is fighting the suspension of his law license, because if he can’t practice as an “atty,” how can he be the prize? [Wisconsin State Journal]

* Apparently lots of DAs like to sexually harass their coworkers. Myrl Serra has been sentenced to one year for exposing himself at the office. [Denver Post]

Watch this before Sunday.

* 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 giving out huge spring bonuses. [Bloomberg]

* “No one wants to pay for something that doesn’t pay off.” At least those at the annual meeting of the AALS realize this applies to law school. When will the ABA sign on? [National Law Journal]

* In his first move after being appointed to the CFPB — a so-called valid appointment, mind you — Richard Cordray has launched a program for oversight of non-banks. [Legal Times]

* You can’t bill clients for hookers and porn and then try to get out of it by blaming your mental disorder. Or you can, but it will come back to bite you in the ass. [Thomson Reuters News & Insight]

* The Firm: from the best sellers list, to the silver screen, and now to the small screen. Look out for Mitch McDeere in his two-hour, television premiere this Sunday on NBC. [Wall Street Journal]

'Til billable hours requirements do we part.

Since getting engaged, I’ve been wondering whether we should even bother trying to get into the New York Times wedding section. I’m sure that almost every newly engaged couple has similar thoughts, especially the blushing bridezillas in training. After all, the NYT wedding section is the place to announce your upcoming nuptials. Being featured in those hallowed pages is viewed as the ultimate sign of marital prestige.

You literally cannot go wrong with a write-up in the NYT wedding section (unless, of course, you end up with a Sex and the City situation and it looks like you’re a woman with a Hitler-esque mustache). 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….

double red triangle arrows Continue reading “Easiest Way to Get into the NYT Wedding Section? Be an ‘Elite’ Lawyer”

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 set of California partners who hail from the prestigious firms of Sidley Austin, Sedgwick, DLA Piper, Orrick, Arent Fox, and Sullivan & Cromwell.

Let’s find out why these six partners are truly stellar….

double red triangle arrows Continue reading “Career Center Survey Results: Top Partners to Work For – California (Part 1)”

* After Anwar al-Awlaki’s death, everyone wants to know if it’s legal to kill American citizens abroad. Well, if Ron Paul is wrong, then I don’t want to be right. [New York Daily News]

* Sullivan & Cromwell and the Mailroom of Death: Harry Potter series reject or SCOTUS-bound appeal? If only there were a spell to make this screw-up disappear. [Washington Post]

* A class action suit alleges that Facebook is secretly tracking its users after they log off. Oh hi, Big Brother. I, for one, welcome our new lanky, douche overlord. [Bloomberg]

* When it comes to Scalia, caring about the coed dorm situation at Catholic University was this “Supreme Court justice’s latest supreme lapse of judgment.” Pure pwnage. [New York Times]

* Jared Lee Loughner is still just a tad too crazy to stand trial. Another four-month stay in a rubber room certainly will make his future insanity defense more believable. [Forbes]

* Hooters is suing Twin Peaks, a rival “breastaurant”, for allegedly stealing trade secrets. Boobs, butts, and booze are trade secrets? I guess that means I can’t open Grand Tetons. [Daily Mail]

This is just coming into the ATL inbox, but it appears that Sullivan & Cromwell has announced bonuses that will essentially match the Cravath bonus scale.

“Essentially,” because there are a few interesting caveats: people in the class of 2003 will get $37,500 — i.e., $2,500 more than the Cravath class of 2003 — and our tipsters say there is language in the memo suggesting that S&C might pay a spring bonus next year. (You’ll remember that S&C did not pay out spring bonuses this year.)

UPDATE (1:07 PM): In addition, people in the class of 2002 will get $42,500. The spring bonuses will depend on the firm’s performance.

UPDATE (1/21/11): Read about the S&C spring 2011 bonuses over here.

If you have more information (or the memo), please send us an email at tips@abovethelaw.com, or a text message at 646-820-TIPS.

In the meantime, this news looks like a compromise between the conflicting SullCrom factions we reported on last week

double red triangle arrows Continue reading “Associate Bonus Watch: That’s All Folks, Sullivan & Cromwell (Basically) Matches Cravath”

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