Thacher Proffitt & Wood

The Legal Eagle Wedding Watch is kicking off 2008 with a few leftovers from 2007. But we think you’ll agree that these offerings are worth savoring. These couples have got a little bit of everything: brains, looks, athletic ability, and (something that never goes stale) lots and lots of money. Here are the contenders: 1.) […]

If you go to Thacher Proffitt & Wood, you might get laid off. Or you might get…. oh, never mind. From Roll On Friday: In an exciting development for lonely male structured finance lawyers, US firm Thacher Proffitt has recruited a former Playboy model to join its structured finance group. The lawyer bared all back […]

In the world of Biglaw, bad news and good news go hand in hand these days. Recall that Clifford Chance announced associate layoffs and generous bonuses in the same week. And now Thacher Proffitt & Wood, on the heels of yesterday’s news about likely future layoffs, is raising base salaries for its senior associates. We […]

* Paul Tvetenstrand, managing partner of Thacher Proffitt & Wood, talks to the Wall Street Journal’s Jamie Heller about the imminent associate layoffs (previously discussed here). [WSJ Law Blog] * Our law school classmate, Professor Lior Strahilevitz, has a fascinating new article coming out in the Northwestern University Law Review: “Reputation Nation: Law in an […]

We had been hearing rumors this morning of associate layoffs at Thacher Proffitt & Wood. The rumor mill was claiming that somewhere between 30 to 40 associates were given pink slips by TPW. As is so often the case, the truth is somewhat different, but the rumors not completely unfounded. Thacher Proffitt has not laid […]

How quickly times have changed. A little over a month ago, Thacher Proffitt & Wood couldn’t hire people fast enough. At Boston University School of Law, they relaxed their traditional on-campus interview standards, to try and get people through the door. From a BU tipster: “Thacher Proffitt & Wood’ lowers standards — see below. Maybe […]

Good things about Cadwalader, Wickersham & Taft: profits per partner of $2.9 million, third behind Wachtell and Cravath. Visits from Cameron Diaz. Bad things about Cadwalader: bed bugs. And $70 million malpractice lawsuits. The indefatigable Anthony Lin has this report, in the New York Law Journal: As the global slowdown in the market for mortgage-backed […]

Via our financially-minded big sibling, Dealbreaker, we just learned about an interesting (and bizarre) insider trading case. It’s about a family that set up its own hedge fund in order to trade on insider information. And as it turns out, a friend of ours appears to be involved. From today’s CCH Wall Street: The SEC […]

It was sent around about ten minutes ago. A source at the firm helpfully provided it to us, along with this exultant cry: “And they said we weren’t vault top 20! HAH!” From: Tvetenstrand, Paul D. Sent: Friday, January 26, 2007 9:58 AM To: NYC Associates; DC Associates Cc: Partners Subject: 2007 Salary Increase Consistent […]