Wall Street

  • Mary Jo White RF SEC chair Debevoise Plimpton

    Biglaw, Fabulosity, Federal Government, Legal Ethics, Litigators, Litigatrix, Mary Jo White, Money, Partner Issues, Partner Profits, Securities and Exchange Commission, Securities Law, Wall Street

    Just How Rich Is Mary Jo White, Debevoise Partner and Likely Future SEC Chair?

    She’s a longtime Debevoise partner, and she’s married to a longtime Cravath partner. Let’s take a look at their financial disclosures.

    24 Comments / / Feb 12, 2013 at 2:47 PM
  • Super Bowl XLVII

    Blogging, Books, Canada, Continuing Legal Education / CLE, Law Professors, Law Schools, Non-Sequiturs, Richard Posner, Sports, Videos, Wall Street

    Non-Sequiturs: 02.04.13

    * Dear professors, please try to understand that most people who experience normal, human emotions are more concerned with the future of American law students than they are with whether or not American law schools can survive by bilking the hell out of foreigners. [PrawfsBlawg]

    * In Canada, they raided somebody’s Super Bowl party to bust up an illegal gambling ring. They never would have done this during the Grey Cup. [CTV News]

    * Apparently some kind of law something happened on Downton Abbey last night? I missed it, because staring at a dark stadium is literally more interesting than that freaking show. [Law and More]

    * Thomson Reuters is getting out of the academic book publishing business. If only law professors would do the same thing. [TaxProf Blog]

    * Is Washington & Lee’s “experiential” curriculum working? [The Volokh Conspiracy]

    * Just to be clear, torturing people only works in the movies and television. [Politics USA]

    * Cleary might become an ATL feeder firm. [Legal Cheek]

    * Here’s an excerpt from a fun interview with David Lat, in which he talks about asking Richard Posner out on a date. [California Lawyer]

    And there’s video, which you can watch for CLE credit, after the jump….

    Lat participated in Legally Speaking, a series of in-depth interviews with prominent lawyers, judges, and academics, co-produced by California Lawyer and UC Hastings College of the Law.

    You can watch Lat’s interview with Professor Evan Lee via the embed below. You can check out earlier interviews — with luminaries like Justice Stephen Breyer, Professor Alan Dershowitz, Justice Ruth Bader Ginsburg, Professor Harold Koh, Professor Larry Lessig, and novelist Scott Turow — over here. California CLE credit is available for watching each video.

    3 Comments / / Feb 4, 2013 at 5:39 PM
  • Linday Lohan

    Bloomberg, Deaths, Guns / Firearms, Job Searches, Lindsay Lohan, Non-Sequiturs, Securities and Exchange Commission, Wall Street

    Non-Sequiturs: 02.01.13

    * There’s an interesting take here by Scott Greenfield on Glenn Reynolds’s op-ed suggesting there be a “waiting period” before new legislation to try to make sure everybody at least reads it first. Personally, I’m a little more concerned with getting longer waiting periods before people can buy guns and shoot me. [Simple Justice]

    * Funny to see Lindsay Lohan as the plaintiff, instead of the defendant. [Los Angeles Times]

    * When reached for comment about the weakness in the U.S. legal job market, clients responded, “Frankly my dear, I don’t give a damn.” [Associate’s Mind]

    * And now we’re back to the argument that allowing non-lawyer ownership of law firms will magically give clients a better experience. Yes, because whenever I’m on hold with Time Warner, I think, “Man, these business people sure get customer service.” [The Economist]

    * R.I.P. Mark Hummels. [Huffington Post]

    * It feels like it’s been a while since we made fun of Oklahoma. [Legal Juice]

    * After the jump, Bloomberg has a fun video on whether Wall Street should fear Mary Jo White….

    2 Comments / / Feb 1, 2013 at 4:36 PM
  • Me, earlier today.

    Blogging, Constitutional Law, Election Law, Fashion, Federal Circuit, Guns / Firearms, Non-Sequiturs, Politics, Wall Street

    Non-Sequiturs: 01.25.13

    * PETA sends Bebe a cease-and-desist letter over fur-free advertising. To be honest, I only understood half of what I just wrote. [Fashionista]

    * Here are five reasons why editors hate lawyers. Of course, when the editors are lawyers, you just kind of end up hating yourself. [About Editing And Writing]

    * Can someone explain to me how it’s constitutional for Virginia to promise not to enforce laws? [Pilot]

    * Did you enjoy the South Park episode that involved proprietary towel technology? Then you’ll love this lawsuit! [Thomson Reuters News and Insight]

    * I asked Professor Rick Hasen whether or not I should self immolate to prevent the GOP from legally rigging the next election, and he’s telling me to chill out because it’s gonna be okay. [Slate]

    * I’ve been trying to find an excuse to link to this. It’s a guy who is blogging about news from 1913 as if it was happening in real time, in this technological environment. Here, we look at some very swift Southern-style justice. [Retro Pundit]

    * I must admit, I wanted to pull out my Leonardo DiCaprio coconut drinking goblet to fully enjoy this rich-white-man fight. [Dealbreaker]

    * Belated congratulations to Elbert Lin, aka Mr. LEWW, on his appointment as solicitor general for West Virginia. [Bench Memos / National Review Online]

    10 Comments / / Jan 25, 2013 at 5:09 PM
  • SEC seal LF

  • resume RF

    Job Searches, Law Schools, Wall Street

    An Awesome, Self-Deprecating Cover Letter That’s Going Viral

    When you’re underqualified for a job, sending this kind of brutally honest cover letter may be of some assistance to you.

    21 Comments / / Jan 17, 2013 at 11:14 AM
  • DVF: 'You must be kidding me.'

    2nd Circuit, Blogging, China, Fashion, Federal Judges, Intellectual Property, Law School Deans, Law Schools, Money, Morning Docket, Patents, S.D.N.Y., Wall Street

    Morning Docket: 12.13.12

    * “This is a total victory not just for the C.F.T.C., but also for financial reform.” Regulators, mount up, because you basically just got a free pass to do your jobs and keep a more watchful and vigilant eye on Wall Street. [DealBook / New York Times]

    * Last year, China officially surpassed the United States in terms of the number of patent applications filed. China’s probably surpassed the United States in terms of patents infringed, but that’s neither here nor there. [National Law Journal]

    * And now we see why St. Louis University School of Law’s interim dean said he’d be donating his salary to the school. He’s no “butt boy” — he’s settled $25M worth of cases since the fall. [Madison-St. Clair Record]

    * “Help me, I’m poor”: the Huffington Post’s army of unpaid bloggers will continue to be unpaid, because the Second Circuit recently affirmed the S.D.N.Y.’s decision to toss out their case. [WSJ Law Blog (sub. req.)]

    * Diane von Furstenberg, the fashion designer behind luxury brand DVF, is suing an ex-distributor for selling her wares on the cheap to the likes of TJ Maxx and Marshalls. Ugh, cringe… that’s très déclassé. [Bloomberg]

    0 Comments / / Dec 13, 2012 at 9:08 AM
  • Trolls!

    Death Penalty, Election Law, Food, Law School Deans, Law Schools, Non-Sequiturs, Religion, Wall Street

    Non-Sequiturs: 12.06.12

    * If you swap out a menorah and put in a dreidel, does your Hanukkah display avoid violating the Establishment Clause? I know, I know, WAR ON HANUKKAH. [Huffington Post]

    * I wonder why Martha Minow (law dean, HLS) or Robert Post (law dean, YLS) doesn’t write an op-ed defending the value proposition of going to law school? Wouldn’t you like to hear this argument from somebody who isn’t desperate to fill their class seats? [Constitutional Daily]

    * Isn’t the concept of the “last meal” the best thing about death row? Granted, that’s a low bar, but still. Having a last meal sounds so civilized. No wonder Texas and Florida want to take it away. [Legal Blog Watch]

    * Do patent trolls have a weakness to fire, just like videogame trolls? Because, I’d like for them to get burned. [Business Insider]

    * The fact that voter suppression doesn’t work doesn’t make it right. [Election Law Blog]

    * Ignoring losses until they go away sounds like the basis of any sound financial strategy. [Dealbreaker]

    2 Comments / / Dec 6, 2012 at 5:22 PM
  • loose lips 3

    Biglaw, Crime, Wall Street, White-Collar Crime

    Lawyer of the Day: An Allegedly Loose-Lipped Cravath Associate

    If you’re smart enough to get a job at Cravath, you should be smart enough to keep client confidences, right?

    21 Comments / / Dec 3, 2012 at 4:24 PM
  • stand up comedy RF

    Bloomberg, Career Alternatives, Television, Videos, Wall Street, Willkie Farr, YouTube

    Career Alternatives for Attorneys: Comedian

    Meet a Biglaw and in-house alum who’s now a hugely successful, Emmy and Peabody Award-winning comedian.

    9 Comments / / Nov 28, 2012 at 6:58 PM
  • Alan Dershowitz, Bar Exams, Gloria Allred, Jeffrey Toobin, New Jersey, Non-Sequiturs, Pets, Violence, Wall Street

    Non-Sequiturs: 11.20.12

    * Better late than never: congratulations to everyone who passed the New Jersey bar exam. You’re just in time to get in on some Sandy class-action litigation. [New Jersey Board of Bar Examiners]

    * Congratulations to all the honorees from the National Asian Pacific American Bar Association conference in D.C. last weekend — including, but not limited to, the Best Lawyers Under 40 awardees. [NAPABA]

    * And congrats to Professor Sherrilyn Ifill, incoming president and director-counsel of the NAACP Legal Defense & Educational Fund, Inc. [Concurring Opinions]

    * Does every bra made in America have Gloria Allred’s phone number sewn into it? [WSJ Law Blog]

    * Who is “Portfolio Manager A” in the latest major insider-trading scandal? [Dealbreaker]

    * You don’t need to be a dog lover to find these allegations abhorrent. [Alabama Live]

    * Want to avoid dating Democrats (or Republicans)? There’s an app — okay, two websites — for that. [Jezebel]

    * After the jump, Jeffrey Toobin and Alan Dershowitz discuss Obamacare….

    Toobin is the author of The Oath (affiliate link). Dersowitz is the new owner of a $1.7 million Manhattan apartment. Their conversation took place last Friday, November 16, at the 92nd Street Y.

    1 Comment / / Nov 20, 2012 at 5:03 PM
  • dartboard pen on target inside straight

    In-House Counsel, Money, Old People, Wall Street

    Inside Straight: Looking Backwards

    How much have things changed over the past 25 years? Mark Herrmann offers his reflections.

    4 Comments / / Oct 18, 2012 at 10:16 AM
  • He's going to Disney World? No, not this veteran M&A lawyer....

    Biglaw, Lateral Moves, Media and Journalism, Mergers and Acquisitions, Musical Chairs, Partner Issues, Wall Street

    Musical Chairs: A Prominent Deal Lawyer’s Unusual Move

    A prominent M&A lawyer leaves his law firm not for an investment bank — he’s already done that before — but for something very different. Where’s he going?

    15 Comments / / Sep 12, 2012 at 10:19 AM
  • Poison Pill

    Crime, Sentencing Law, Suicide, Wall Street

    Yale Law Grad Takes Poison Pill, Effectively

    Wall Street banker and Yale Law grad convicted of arson, and then takes matters into his own hands…

    98 Comments / / Jun 29, 2012 at 3:31 PM
  • Bernie Madoff, Crime, Sentencing Law, Wall Street, White-Collar Crime

    Sir Allen Stanford, Sentenced

    * Only 44% of Americans approve of how the Supreme Court is doing its job, but that’s probably because the other 56% wouldn’t know what the Supreme Court was unless the justices were contestants on a reality show. [New York Times]

    * Having nothing to do with the outcome of this Tenth Circuit appeal, apparently a juror in the underlying case had no idea when the First Amendment was adopted. As Bush II would say, is our children learning? [U.S. Tenth Circuit / FindLaw]

    * Who’s going to win the “Super Bowl” of Android patent trials? Nobody. Judge Richard Posner has issued a “tentative” order which noted that both sides of the Apple/Google case ought to be dismissed. [Reuters]

    * You should’ve “known better”: in case we didn’t make it abundantly clear when we spoke about NALP’s data for the class of 2011, the job market for new law grads is being classified as “brutal.” [National Law Journal]

    * U. Chicago Law revolutionized the field of law and economics, but much to their school’s, everyone else copied them. Now they’re thinking up new ways to do the same things. Gunners gotta gun. [Businessweek]

    * Say hello to Mary Lu Bilek, the woman who’s been appointed as the new dean of UMass Law. Hopefully she’s not keen on using school credit cards for personal spending like the last dean. [Wall Street Journal]

    * Occupy Wall Street protesters can’t sue NYC, its mayor, or its police commissioner, but they can sue the police. And with that news, “F**k tha Police” was sung in drum circles across the tri-state area. [Bloomberg]

    1 Comment / / Jun 8, 2012 at 9:05 AM
  • 907 Fifth Avenue 12W 5

    Fabulosity, Federal Government, Hedge Funds / Private Equity, Hotties, JPMorgan Chase, Lawyerly Lairs, Money, Pictures, Real Estate, Supreme Court Clerks, U.S. Attorneys Offices, Wall Street

    Lawyerly Lairs: A Federal Prosecutor’s $25 Million Apartment

    Government work doesn’t pay particularly well. So how can a federal prosecutor afford to live in a $25 million apartment?

    63 Comments / / Jun 5, 2012 at 6:38 PM
  • peter griffin

    Attorney Misconduct, Books, California, Canada, Constitutional Law, Department of Justice, Family Law, John Edwards, Legal Ethics, Morning Docket, SCOTUS, Supreme Court, Tax Law, Trials, Wall Street, Weddings

    Morning Docket: 05.25.12

    * In a Supreme Court decision split across gender lines, prosecutors can now get a do-over on criminal charges without double jeopardy, even if an otherwise deadlocked jury unanimously rejected them. [New York Times]

    * And yet another day ended without a verdict in the John Edwards campaign finance trial, but the jury asked to review every exhibit in the case. The former presidential candidate must feel like he’s being punk’d. [CNN]

    * The DOJ found that two prosecutors in the Ted Stevens case committed reckless professional misconduct punishable by unpaid time off. Looks like they’ll be getting an extended Memorial Day break. [Blog of Legal Times]

    * Hot on the heels of Obama’s announcement in support of gay marriage, yet another California judge has found that DOMA is unconstitutional (along with a provision of the tax code). [Poliglot / Metro Weekly]

    * Occupy Wall Street is suing for $48K over the destruction of the group’s “People’s Library” after their eviction from Zuccotti Park. But let’s get real, who wants used books that reek like patchouli and pot? [Bloomberg]

    * More than one million “de facto spouses” in Quebec may soon be automatically married by the state against their will. Imagine how much fun it’ll be to get a divorce from someone you never actually married. [Slate]

    * Two waitresses who claim they were fired for complaining about their former employer’s “no fatties” policy will get to bring their $15M lawsuit before a jury. Hopefully Peter Griffin isn’t a juror. [Law & Daily Life / FindLaw]

    5 Comments / / May 25, 2012 at 9:04 AM