What’s going on with clerkship bonuses? The last time we really checked was over a year ago. We might do a follow-up; if you have tips — not questions or requests for advice, but hard information about clerkship bonus amounts — please email us (subject line: “Clerkship Bonuses”).
In our last look at the subject, in February 2010, the going rate seemed to be $50,000. You can look back at our prior post for the names of at least 11 firms paying $50K clerkship bonuses. (If any of that info needs to be updated, in either direction, please let us know.)
We can confirm that at least one firm is paying a clerkship bonus in excess of $50,000: BuckleySandler, a young, highly-regarded firm that focuses on banking and financial-services law. We’ve written quite a bit about the firm before; it started with a bang, when Skadden partners Andrew Sandler and Benjamin Klubes left the megafirm to set up their own shop.
Let’s learn a little more about BuckleySandler, and check out the memo announcing the $60K clerkship bonus (along with other compensation-related information)….
The late 20s-early 30s lawyers I sent out both went to school in Boston, both described themselves as Dem-GOP mixes (she said she was a hybrid, he ‘fessed up to being a libertarian), and both named Scalia as their man at One First Street. Asked to describe themselves in three words, she gave me an alliterative four — “sweet, sarcastic, smart, social” — and he used slashes with abandon — “Spunky/energetic, funny, old school/1950s-ish, conservative.”
I sent them to Proof wine bar on a Tuesday night. Here’s what happened next….
Two dates, including one on Valentine's Day, fell flat.
Given the track record of Above the Law’s lawyer-matchmaking series, some may think we should change the name of the series to the Courtship Misconnection.
In one of our first Washington, D.C. couplings, on Superbowl Sunday, a male lawyer fumbled his date with a “disarmingly feisty and unabashedly vivacious” female associate. (Beware the women who self-describe as “feisty,” says Slate.) Undeterred, I’ve continued to set up dates in the nation’s capital.
I sent two Biglaw types to Solly’s on U Street last week — a late 20s female Donkey who wanted a trunk and an early-thirties male Elephant who requested ass. If not a lawyer, she said she’d be a cage fighter, and he said he’d be a writer. I thought I had an excellent “opposites attract” formula. I was wrong.
She described the date as a “pretty lackluster affair” and he said no “love connection was made.” “You are no Patti Stanger,” female Donkey wrote me (a little bitterly). Boring dates may be even worse than disastrous ones.
Luckily, the other two dates recounted here were more entertaining. One, because it was a blind date on Valentine’s Day, and the other because it’s our first occurrence of Courtship Connection leading to a lawyer’s pants being torn off…
This week has been fairly quiet in terms of news about the troubled Howrey law firm. A post over at the Howrey Doody Time blog — with a brilliant punny title (wish I had thought of it myself) — describes the current state of affairs as “a painful holding pattern.”
Well, this morning we do have some Howrey news to report. Above the Law has learned that IP partner Mark Whitaker is leaving the D.C. office of Howrey, his professional home for the past decade or so, to join Baker Botts.
“He’s going to Baker Botts to be the 337 guy,” said a source, referring to Section 337 (19 U.S.C. § 1337), which governs fast-track intellectual property litigation before the International Trade Commission (ITC). “He has a very nice stable of clients he has developed independent of Howrey.”
The hiring of Mark Whitaker — described to us as a “great, great guy,” as well as a former Navy officer (like fellow Howrey partner Richard Beckler) — is a nice coup for Baker Botts, since § 337 expertise is an in-demand area. And luckily for Whitaker, the move won’t mess with his commute: both Howrey and Baker are in the Warner Building, at 1299 Pennsylvania Avenue.
We understand that Whitaker was part of the group of Howrey partners invited to joinWinston & Strawn, but he had other plans underway when the Winston talks were announced. His departure from Howrey comes just a few days after WilmerHale’sannouncement that it was picking up another noted Howrey IP litigator, Robert Galvin (in Palo Alto).
So that’s the latest Howrey partner news. What’s going on with associates and staff?
Only one person had a good time on this date. (Stock photo.)
With Valentine’s Day swiftly approaching, now seems like a great to time to relaunch ATL’s Courtship Connection — our well-intentioned but only sporadically successful program for hooking up our single legal-eagle readers.
Like the Real World, the series is back and in a new city. Judging from the date we’ll now recount, our matchmaking adventures in D.C may be as disappointing as the eight strangers MTV picked to live in a Dupont Circle house last year. (But hey, dating through Above The Law has got to turn out better than dating through Craigslist in D.C.)
This was an East Coast (him) meets West Coast (her) match. Both were of the politically-liberal persuasion. I matched these two top law grads in the 25-35 age range in part because I thought they would look good together. Both are hotties. When asked to describe themselves in three words, neither could stick to the word limit. He said he was a “brainy, preppy reformed frat-guy” and she said she was “disarmingly feisty and unabashedly vivacious.”
I should not have been so superficial. While he enjoyed her vivacity, she enjoyed… writing up a feisty recap of the date….
This is rich. The owner of the Washington Redskins, Dan Snyder, has sued the Washington City Paper for a column he claims defamed him and used anti-Semitic imagery. That’s right, the man who has famously defended his right to name an entire football team after an ethnic slur is playing the ethnic card because a columnist made fun of him.
The kicker is that on top of this amazing execution of rank hypocrisy, Snyder manages to insult all Jews who have actually dealt with anti-Semitism by coming up with an ethnic offense where none existed. The columnist wasn’t making Jewish jokes or playing off of Jewish stereotypes. He was calling Dan Snyder a terrible owner and a shady dude. Saying he was a victim of anti-Semitism degrades the term and make this entire lawsuit look like the petulant reaction of a narcissistic millionaire.
* Awesome diary of a rich wife trying to cut back on expenses. [Going Concern]
* Justice Elena Kagan — who currently lives in D.C., and apparently plans to stay there — was called for jury duty by the District. She wasn’t seated, since we don’t let supremely qualified people sit on juries. [ABC News]
* Bros at George Washington have been charged with being bros. Given what I think about bullying, you can imagine how little tolerance I have for anti-hazing laws. [Jezebel]
In 2010, music superstar Lady Gaga earned an estimated $64 million. Meanwhile, legal superstar Lady Kaga — aka Justice Elena Kagan, of the United States Supreme Court — earned considerably less.
For the part of 2010, the Divine Miss K served as Solicitor General, earning an annual salary of $165,300. After her confirmation as an associate justice of the Supreme Court, she got a raise, to $213,900 a year — a healthy income, but less than the base salary of a fifth-year associate in a law firm (or the total compensation in 2010, bonus included, of a fourth-year associate). Her income as a justice is also much less than her salary of $437,299 as Harvard Law School dean.
Still, even though Justice Kagan might not be filthy rich, she has done well for herself. At the time of her nomination to SCOTUS, she reported a net worth of around $1.8 million. Given this rosy financial picture, as well as her six-figure income and great job security — it’s rare for a federal judge to be impeached, Judge Porteous notwithstanding — it’s not surprising that Her Honor was recently spotted checking out some pretty pricey D.C. digs.
Where was she looking? And what seems to be her homebuying budget?
When Washington, D.C., was buried in snow last week, one suburban Maryland school alerted parents via robocall that they would be opening two hours late. The call, hypothetically letting parents know that they could sleep in that day, went out at 4:30 a.m.
That angered privacy lawyer Aaron Titus. His well-told tale of revenge reverberated around the media last week, thanks to a story in the Washington Post. Titus went Robocop on the school, using an online robocalling company to place a 4:30 a.m. call to the home phones of nine school board members, the school superintendent, and the school’s chief lawyer the next day, letting them know he hadn’t appreciated the early morning wake-up call. (The school said it made a mistake in setting the time for the calls and that it should have gone out at the immensely more reasonable hours of 5 or 6 a.m.)
Titus tweeted that he was following the Golden Rule. Meanwhile, other laws were possibly ignored…
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.
Please note that Evan Jowers and Robert Kinney are still in Hong Kong and will stay FOR THE REMAINDER OF THIS WEEK. We still have a handful of available slots for meetings with our Asia Chronicles fans. If we have not been in touch lately, reach out and let us know when we could meet! There is no need for an agenda at all. Most of our in-person meetings on these trips are with folks who understand that improving a legal practice through lateral hiring is an information-driven process that takes time to handle correctly.
Regarding trends in lateral US associate hiring in Hong Kong, we of course keep much of what we know off of this blog. Based on placement revenue, though, Kinney is having one of our most successful years ever in Asia. We are helping a number of our law firm clients with M&A, fund formation, cap markets, project finance, FCPA and disputes openings. These are very specific needs in many cases, so a conversation with us before jumping in may be helpful. As always, we like to be sure to get the maximum number of interviews per submission, using a well-informed, highly targeted, and selective approach, taking into account short, medium and long-term career aims.
Making a well informed decision during a job search is easier said than done – the information we provide comes from 10 years of being the market leader in US attorney placements at the top tier firms in Asia. There is no substitute for having known a hiring partner since he/she was an associate or for having helped a partner grow his or her practice from zip to zooming, and this is happily where we stand today – with years of background information on just about every relevant person in all the markets we serve, and most especially in Hong Kong/China/Greater Asia. So get in touch and get a download from us this week if we can fit it in, or soon in any case!
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.
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.