In today’s Lawyerly Lairs column, we’ll step inside the beautiful home of a Biglaw partner — a name partner at an Am Law and Vault 100 firm, in fact. There aren’t many of those folks still around, since most of the nation’s largest and most prestigious firms are so old. Paul Cravath died in 1940, in case you’re wondering.
But there are a few Biglaw name partners around — at (relatively) young, super-profitable firms, like Wachtell Lipton, Quinn Emanuel, and Boies Schiller. And these lawyers own some fabulous real estate.
Which they sometimes put on the market. Let’s look at the next item up for bids: the D.C. home of a leading litigator, on the market for $4.85 million….
Not since its pursuit was enshrined in the Declaration of Independence has “happiness” had a bigger cultural moment than now, and not just because of that “room without a roof” earworm. There is a new and rapidly growing science of happiness, a mash-up of economics and psychology sometimes called “hedonics,” which tells us that money can buy happiness, but only to a point. Meanwhile, in corporate America, we witness the emergence of a new C-suite character, the Chief Happiness Officer, who is responsible for employee contentment. Sort of like an HR director, but smiling and magical.
Recently, the U.S. National Bureau of Economic Research released a paper, “Unhappy Cities,” reporting the findings of a major survey asking respondents about their satisfaction with life. The authors, academics from Harvard and the University of British Columbia, found that there are persistent differences in self-reported subjective well-being across U.S. cities and, unsurprisingly, residents of declining cities are less happy than other Americans. (Interestingly, the authors suggest that these unhappy, declining cities were also unhappy during their more prosperous pasts.)
So there are unhappy cities; there are also unhappy (and relatively happier) law schools. When ATL’s own Staci Zaretsky learned that Springfield, Massachusetts — home of her alma mater, the Western New England University School of Law — made the list of unhappiest cities, it came as no surprise: “It’s hard to tell where the local misery ends and that of the law school begins.” Prompted by Staci’s observation, we wondered whether unhappy cities make for unhappy local law students. Or is the law school experience so intense and self-contained that one’s surroundings have little impact? What are law students in the happiest (and unhappiest) cities in the country telling us about their own personal satisfaction?
* “[T]he nation’s last explicit ban of the right to bear arms has bitten the dust.” On Saturday, a federal judge said D.C. couldn’t ban the carrying of guns in public for self-defense. [Legal Times]
* Late on Friday, Florida’s ban on same-sex marriage was tossed by a state judge, making it latest in a string of major legal victories for marriage equality. Congrats, Floridians! [Bloomberg]
* There’s been some new updates in the case of Dan Markel, the young FSU Law professor who was murdered in his own home. We’ll have more on the details police released later today. [CNN]
* “I’ve come to the realization I’d really like to have a paycheck at some point.” Ouch. Law school graduates in Florida are starting to feel the pain of a very tough job market, and they’re not too happy about the situation. [Tampa Bay Times]
* “[T]hey treat us like step children instead of adoptees.” A group of Texas Wesleyan Law graduates have filed a complaint (in vain?) with the ABA in the pursuit of new diplomas from Texas A&M Law. [WFAA 8]
If television producers put up this Craigslist ad because they were casting for a reality show about a bunch of lawyers living in a D.C. house, then this would make sense. Every week, two of the housemates have to argue why they should stay and another should go. People would watch it.
But this isn’t a television producer being polite, this is law graduates being real. A group of self-described, recent law school graduates are looking for another roommate who must also be a recent law grad — preferably one who is clerking or working for a Congressional committee.
It seems like instead of looking for a roommate on Craigslist, they should be using LinkedIn…
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Sometimes folks ask us, “What’s in it for me?” For example, on last week’s story about the epic UVA email screw-up, one reader wondered why UVA students told us about it in the first place.
Well, venting about something can be therapeutic. But sometimes tipping ATL can help people out in more specific and concrete ways. Here’s a great story involving a reader who emailed us about a problem that we helped to get fixed….
It’s springtime in D.C., and we all know what that means. No, we’re not talking about the cherry blossoms; that was last month. We’re talking about the spinning of the revolving door.
We have some interesting moves to mention taking place in the nation’s capital. One top government lawyer is returning to private practice; one top Biglaw partner is going back to government, perhaps for good; and one major law firm, potentially party to a high-profile merger, is losing some partners to a rival — after holding them prisoner for a while….
Above the Law and Kaplan Bar Review will be back in Washington, D.C., for trivia night on Wednesday, April 2. If you missed us last time, here’s your chance to have some fun. So, drink up, prove your smarts, and get a chance to win mini iPads for your team (maximum of five per team).
The invisible hand of the market makes fools of us all. No, I am not about to launch into a screed blaming capitalism for all of my woes, I’ll leave that to the PhDs desperately seeking tenure track jobs. The reality remains that the ups and downs of the legal market have a large effect on the rank and file document reviewer.
I’ve written before about the ways regional markets can wreak havoc on contract attorney, but it’s more than just dragging down the hourly wage. Without the benefit of full-time employment, contract attorneys are seen as eminently disposable and are rarely provided with much (or any) notice before a change in their employment status. Projects are scheduled that never start or a month-long project suddenly ends in two days. It can happen at any time, it’s the nature of the business (God, if I had a dollar for every time that annoying trope was trotted out by a staffing agency or project manager to cover for their poor management skills, well, I wouldn’t have to review documents any more). But over time, as long term projects fail to materialize it becomes a reflection of the overall health of that market.
David Boies: just one great lawyer among many at Boies Schiller.
What comes to mind at the mention of Boies, Schiller & Flexner? Perhaps the legendary named partners — David Boies, Jonathan Schiller, and Donald Flexner — or perhaps the legendary bonuses, which last year went as high as $300,000.
But there’s much more to the firm than that. Even though BSF is most famous for its litigation work, it has a sizable and well-regarded corporate practice, for example. And even though its biggest presence is in the state of New York, with offices in Albany, Armonk, and New York City, the firm has several other outposts — including a growing and high-powered presence in Washington, D.C.
Boies Schiller has been adding some impressive new talent to its D.C. outpost. Last week, the firm welcomed a leading litigatrix. Let’s learn more about her, shall we?
The legal industry is being disrupted at every level by technological advances. While legal tech entrepreneurs and innovators are racing to create a more efficient and productive future, there is widespread indifference on the part of attorneys toward these emerging technologies.
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past seven years. You can reach them by email: firstname.lastname@example.org.
We at Kinney Asia have made a number of FCPA / White Collar US associate placements in Hong Kong / China thus far in 2014. Most of such placements have been commercial litigation associates from major US markets, fluent in Mandarin, switching to FCPA / White Collar litigation. Some have already had FCPA experience, but those are difficult candidates for firms to find (this will change in coming years as US firms are now promoting FCPA / White Collar to their 2L summers who are fluent in Mandarin and have an interest in transferring to China at some point).
Legal Week quoted Kinney’s Head of Asia, Evan Jowers, extensively in the following relevant article here.
There is a new trend in the market, though, where mid-level transactional US associates, fluent in spoken Mandarin and written Chinese, are interviewing for and in some cases landing junior FCPA / White Collar spots in Hong Kong / China at very top tier US firms.
When the LexisNexis Cloud Technology Survey results were reported earlier this year, it showed that attorneys were starting to peer less skeptically into the future, and slowly but surely leaning more toward all the benefits the law cloud has to offer.
Because let’s face it, plenty of attorneys are perhaps a bit too comfortable with their “system” of practice management, which may or may not include neon highlighters, sticky notes, dog-eared file folders, and a word processing program that was last updated when the term “raise the roof” was still de rigueur.