WilmerHale

It’s about time. We’ve been writing about the new Boston office of Latham & Watkins for weeks now (here and here), revealing a number of their top lateral hires.

On Wednesday, Latham made its official announcement — and confirmed the accuracy of our prior reporting. All of the partners we previously named as Latham-bound, taken from such top firms as WilmerHale, Proskauer Rose, and Bingham McCutchen, are mentioned.

Let’s take a closer look at the L&W crew, and also learn about additional attorneys who are joining up (including associates)….

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Last week we reported on global megafirm Latham & Watkins heading into the Boston legal market. The firm will officially announce the opening of its Beantown outpost later this month.

We mentioned that Latham snagged Alex Temel, a prominent partner from Proskauer, to help start up LW’s Boston office. Now we’re hearing additional reports about attorneys who will be joining Latham in Boston, as well as the location of the office….

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Here we go. Spring bonuses are making now making their way into firms that are not strict lockstep firms. They’re making their way into firms that are not predominately based in New York City. They’re making their way everywhere.

Yay. If you will allow me to channel my inner Oprah: you get a spring bonus, you get a spring bonus, you get a spring bonus!

WilmerHale is the latest firm to get in on spring bonus mania. The firm’s approach to associate compensation is merit-based. So if you had a crappy 2010 at WilmerHale, well, your life just got comparatively worse, vis-à-vis your more meritorious peers…

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Non-Sequiturs: 02.11.11

* Tipsters, I’ve seen the Milbank / Harvard Law news. I just don’t have a strong opinion about it. Good, bad, indifferent? You tell me. [Harvard Law School; National Law Journal via Truth on the Market]

* Is Ashley Madison (the dating site for adulterers) a scam? [Forbes]

* Ah, the real reason Hosni Mubarak finally stepped down. [Slate]

* These are the kind of epic meltdowns that happen when hedge fund folks tangle with Bess Levin. [Dealbreaker]

* Which law firm claims to embrace diversity while one of its partners — a woman who was once married to a gay man, by the way — goes on TV to bash GOProud (a prominent gay conservative group)? [Pam's House Blend]

* Speaking of law firms and LGBT issues, why is it taking so long for WilmerHale partner Edward DuMont, the first openly gay nominee for a federal appeals court in U.S. history, to get a hearing? [The BLT: The Blog of Legal Times]

* Taco Bell really knows how to defend a lawsuit. [WSJ Law Blog]

* I didn’t know the world had a rape capital, but if we had to pick one this seems right. [ABA Journal]

* You’re not so naive as to think that only guilty plead guilty? [Underdog]

* Congratulations to David Kazzie, creator of the viral So You Want To Go To Law School video, on landing a literary agent. [Wall Street Journal]

I know lots of guys fantasize about boinking “barely legal” teenage girls. Not me, I like women: fully formed, adult women. There’s just something unseemly about older men salivating over girls who could have been in high school a year ago. Call me crazy, but it’s just more interesting as an adult to be intimate with other adults.

Similarly, I like my lawyers to actually practice law. There’s something unseemly about watching market forces turn law school graduates into glorified paralegals and secretaries. Call me a prude, but there’s just something gross about seeing young, nubile attorneys going around begging for document review positions. These people spent three years of their lives and six figures of their (or someone else’s) money to get law degrees; they should have something to show for their efforts.

But even if I don’t like to look, I can’t deny that this is happening. We are all living in a time that will be studied by future generations: a time when attorney career paths bifurcated, between traditional partnership-track associates and what I’ll call “barely legal” career paths….

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Layoffs dropped sharply in 2010.

This evening, many of us — and six Supreme Court justices, according to an announcement this morning from the Court — will listen to the State of the Union address. Don’t be shocked if President Obama tells us that the state of the union is “strong.” When was the last time a president appeared before us to announce that the union is in shambles? (Even Jimmy Carter never did that.)

The truth lies somewhere in between strength and shambles. And that’s true not just of the United States, but of the world of large law firms.

Let’s talk about two indicators: layoffs, and bonuses — including a reader poll, on whether firms will match Sullivan & Cromwell’s yummy spring bonuses….

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Is “phishing” running rampant throughout the legal community? A few weeks ago, Professor Charles Nesson of Harvard Law School fell victim to a phishing scam. As the HLS Help Desk helpfully explained at the time, “Phishing emails are fraudulent email messages claiming to be from a legitimate source that ask you to send confidential information such as username, password, date of birth, etc.”

The latest high-profile victim of a phishing attack is a leading law firm, WilmerHale. A mass email is going around, purportedly from “Brian Willmer” of “Willmer Hale,” regarding an alleged subpoena. The email is a fraud; as far as we know, there is no “Brian Willmer” of “Willmer Hale.” It contains a link that you definitely do not want to click on.

Let’s look at the fake email — and the very real response, from the managing partners of WilmerHale….

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What are the differences between Washington lawyers and New York lawyers? One broad generalization — crude, but largely accurate — is that D.C. attorneys are all about power and prestige, and NYC attorneys are all about money.

It’s certainly true that, in the Biglaw world, New York-based law firms generally enjoy higher profits per partner than Washington-based firms. But D.C. attorneys aren’t doing too badly for themselves.

The latest issue of Washingtonian magazine, available now on newsstands, is the salary survey issue. It’s all about who makes what in the D.C. metro area, from the president to police officers to pediatricians.

And given the proliferation of lawyers in the nation’s capital, there’s a whole section on lawyers and judges. Thankfully for us, Washingtonian has made this portion available online….

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Yesterday we discussed the merger talks that are currently taking place between Akin Gump and Orrick. We solicited your views on a possible combination, and we received some interesting feedback (in the comments and by other means).

Let’s start with the happy stuff. Here are some positive takes on an Orrick / Akin merger, from the comments (yes, positivity in the comments — it happens):

  • “I have been at both firms and I believe it would be a good fit both geographically and practice-wise. Orrick is almost all about finance, and finance is one key area that Akin lacks real depth.” [FN1]

  • “#1 Vacuum company in America + #1 brand of cocktail shrimp = unstoppable legal force.”

But it’s not all vacuums and cocktail shrimp, sunshine and puppies. Insiders with knowledge of both firms also identified downsides to a possible Orrick / Akin merger….

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In anticipation of the release of the summer associate survey results, last week we highlighted the firm with the highest response rate among summer associates, Kasowitz, Benson, Torres & Friedman.  Today we want to congratulate and feature WilmerHale, for having the highest overall number of respondents to the summer associate survey. In a time when firms have scaled back their summer programs to the point that you might blink and miss them, WilmerHale’s 56 summer associate responses are particularly impressive.

So what exactly did so many summer associates have to say about WilmerHale’s summer program?  For one, the best part of the summer program was the attorneys.  Summer associates unanimously praised the “supportive, friendly culture” and the “bright” yet “down-to-earth” people.  WilmerHale also treated summer associates to a lot of good, old-fashioned fun, such as feasting on crab after a sailing trip on the Chesapeake Bay, whitewater rafting and camping, ziplining on Catalina Island, and spending a firm-sanctioned “skip day” at the beach.

But it wasn’t just fun and games all summer long. Summer associates at WilmerHale proved to be more than just overpaid, wannabe lawyers, by completing an average of 10 “substantive” and “important” assignments over the course of the summer.  Spoken like a true Biglaw associate, one WilmerHale survey respondent noted that “it can be tricky to balance events, assignments, and life outside the firm.

To find out more about the associate experience at WilmerHale or other firms, head on over to the Career Center. And be sure to look out for summer associate survey results in the next few weeks.

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