Thompson & Knight

Last week, the New York Times, the Wall Street Journal, and the American Lawyer all mentioned an unusual debt in the bankruptcy case of Dewey & LeBoeuf. A former D&L associate, Emily Saffitz, was listed as being owed $416,667 — a sum big enough to put her in the top 20 unsecured creditors of the firm. This was apparently due to a “severance arrangement.”

Why did Dewey agree to pay an associate from the class of 2006 more than $400K in severance? According to the Times, Saffitz received this severance agreement after she “complained over how she was treated by a former Dewey partner and told the firm’s management.” According to the Journal, she filed “a complaint regarding sexual discrimination by a Dewey partner who is no longer with the firm.”

Inquiring minds want to know: Who was the partner in question? And what did he allegedly say or do to Emily Saffitz?

Finding out such details is difficult. Settlements in cases of alleged sex discrimination or sexual harassment often contain non-disclosure or non-disparagement provisions that prevent the parties from speaking about what took place.

So we didn’t expect we would ever find out which former Dewey partner triggered complaints from Emily Saffitz. Until, well, he emailed us….

Multiple UPDATES, after the jump.

double red triangle arrows Continue reading “Dewey Know A Partner Whose Alleged Actions Led to a $400K ‘Severance Arrangement’?”

As we reported late on Monday night, Dewey & LeBoeuf has filed for bankruptcy — the largest law firm bankruptcy in U.S. history, in fact. You can access a copy of Dewey’s voluntary petition to enter Chapter 11 over here (via Scribd).

Yesterday afternoon, Dewey’s lawyers appeared in U.S. Bankruptcy Court for the Southern District of New York. The firm’s lead lawyer, Albert Togut, introduced himself as follows: “I can finally confirm the worst-kept secret of the year. I am counsel for Dewey & LeBoeuf.” He’s going to be a very busy man over the weeks and months ahead.

Let’s find out what happened at the hearing, and also take a closer look at one of Dewey’s most intriguing unsecured creditors: a (rather attractive) litigatrix, a former Dewey associate now at another firm, who is owed more than $400,000 in “severance” by D&L….

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(And a report on Dewey’s day in bankruptcy court.)”

DLA Piper scouts locations for its Mexico City job fair.

Some major law firms might be closing offices, but others are in expansion mode. For example, Sidley Austin is opening a Houston office, with partners snagged from several other big players in town. And that’s not the only expansion taking place in the southwest.

Take DLA Piper. When we last checked in with them, the firm’s Baltimore office was operating under third world conditions. The toilets weren’t working.

This led me to joke about a fictitious DLA Guadalajara office.

Evidently, my imagination failed me. It’s not “clear parody” if it’s something that could possibly happen. Next time we joke about a DLA expansion, we need to go to straight fiction. We need to start making DLA Mustafar jokes. Because expanding to Mexico just got real….

double red triangle arrows Continue reading “Sidley Opens in Houston, and DLA Piper Heads to Mexico (I’m Not Joking)”

* Elie here: Remember yesterday when I said that it was a prick move by the cop to issue that ticket on the mother of that comatose 13-year-old girl, and then all those commenters said the cops had no choice because issuing the ticket was an important matter in terms of the civil liability of the driver? Yeah, well, I stand by my initial analysis that the cop was a jerkhat. [New York Personal Injury Law Blog]

* We were unimpressed by Holland & Knight giving iPads to its associates — and we’re not alone. [South Florida Lawyers]

* The merger talks between Reed Smith and Thompson & Knight are apparently off (assuming this isn’t another case of Kilpatrick Townsend & Stockton). [Am Law Daily]

* How can lawyers dress to impress in 2011? [Lawyerist]

* So let me get this straight, it’s not okay for me to drink Four Loko and drive, but it’s okay for my car to do it? What’s up with that? [Alt Transport]

* Were passports biased against gays? Well, now they won’t be. [Huffington Post]

* If you’ve been following along with the most important news of today — which is obviously that the study showing that a crying woman is a total buzzkill — here’s an important counterpoint. Crying might be nature’s way of saying: “Stop beating on your wife you freaking a**hole. [Newsweek]

* Orrick and Akin aren’t the only two who are talking. The firms of Reed Smith and Thompson & Knight are also in merger discussions. [Am Law Daily]

* A “cite-checking battle” actually sounds… kinda fun. [Laws for Attorneys]

* There’s a motion for leave to amend the complaint in the Robert Wone civil case. [Who Murdered Robert Wone?]

* Why your job is making you depressed. Maybe because it sucks? [CNN]

* Women of Biglaw: think you have it bad? Your sisters on Wall Street may be even worse off. [The Careerist]

* Speaking of women in the legal profession, nominations are now being accepted for InsideCounsel’s Transformative Leadership Awards, which “honor women general counsel and law firm partners who have demonstrated a commitment to advancing the empowerment of women in corporate law.” [SuperConference]

Thompson Knight logo.jpgThe Texas firm Thompson & Knight has laid off 42 people: 17 associates, 25 staff. The firm’s managing partner, Peter J. Riley, had this to say to Texas Lawyer:

“It’s no fun,” Riley says. All of the lawyers are associates — only two of them are first years — who practiced in real estate or other business-related areas that require bank money to operate. “It was mostly mid-level associates in business areas. And I’d say it was a one-third real estate and two-thirds more corporate general business,” Riley says. “These are good lawyers. It’s like a rifle shot went through all our law firms, and the financing groups just stopped. We are doing transactions, but man, it’s nothing like it was.”

Wow. Mr. Riley sounds pretty broken up.
The firm also pushed back start dates on its incoming first year associates until January 2010.
Good luck, recently terminated Texans. I’ll tip a Lone Star in your honor.
Thompson & Knight lays off lawyers, staff firmwide [Tex Parte Blog]
Earlier: Prior ATL coverage of law firm layoffs

Thompson Knight LLP Abovethelaw Above the Law blog.jpgWe can confirm the rumor that Thompson & Knight has raised first- and second-year associate salaries. Management recently circulated a press release to associates, along with this brief intro:

“This press release will go out shortly. We will elicit your thoughts on the more senior associate structure.”

The press release — which isn’t on the firm website yet, but should be soon — appears after the jump.
Update: The Texas Lawyer has an article about the raises available here.

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