Willkie Farr

Since our Friday photo essay on Dewey & LeBoeuf, the once-proud law firm that probably isn’t long for this world, numerous other outlets have produced some excellent Dewey coverage. We mentioned two of the pieces, about partner problems and unpaid janitors’ bills, in today’s Morning Docket.

It’s interesting to see how the pace of the Dewey story is shifting. We’re moving from the breathless breaking of news into a period of longer pieces focused on analysis and narrative. This makes sense, given that most of the major events have already transpired (with the exception of formalities that will be big news if and when they do occur — e.g., an official vote of dissolution, a filing of bankruptcy, etc.).

So let’s do a more comprehensive review of the latest Dewey stories from around the web. We bring you more theories of blame, more partner departures, and more revelations about the personal life of former chairman Steven H. Davis….

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Dewey & LeBoeuf Chairman Steven Davis was last heard in these pages sounding like Kevin Bacon at the end of Animal House: “Remain calm. All is well.” Your bonuses will be delayed.

Oh, did I say “Chairman”? Sorry, that’s not entirely accurate anymore. “Chairman” connotes a single person who is in charge of a company’s operations. That’s just not Davis’s function anymore.

Instead, Dewey is creating a “chairman’s office” of five co-equal members.

Oh, I’m sure that will work. Just like the Jets will have no problem having two, co-equal, starting quarterbacks….

double red triangle arrows Continue reading “Dewey Know How Many People Can Manage a Firm at One Time?”

As we recently mentioned, our view is “better late than never” when it comes to bonus news. With this in mind, we are pleased to bring you the bonus announcement of Willkie Farr — which came out in December.

Given Willkie Farr’s status as a top New York law firm, you can probably guess what they did in terms of bonuses….

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Willkie Farr is getting raided.

But it’s not an entirely bad thing. Instead of losing talent to a rival law firm, Willkie is losing talent to a top client. Bloomberg LP has decided to beef up its in-house presence, and it’s doing it with a boatload of Willkie attorneys.

Is this a good thing for Willkie? The firm will remain Bloomberg’s outside counsel, but there could be much less work coming from the client.

And Willkie did feel the need to send an email to all their people to make sure nobody freaked out….

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We recently reported that at least 22 partners have left O’Melveny & Myers in 2011 thus far. That number continues to grow.

Earlier this week, two more partners announced their imminent departures from OMM: Ilan Nissan, former firmwide co-chair of the firm’s M&A and private equity practice, and Christian Nugent, also an M&A partner. Like several of the other O’Melveny defectors, Nissan and Nugent arrived at OMM’s New York office via O’Sullivan Graev & Karabell, the highly regarded corporate boutique that O’Melveny absorbed in 2002, in an effort to build its NYC transactional practice.

Nissan and Nugent will be joining the New York office of Dewey & LeBoeuf. A spokesperson for Dewey confirmed the news to ATL. (A spokesperson for O’Melveny declined to comment.)

In addition, readers brought to our attention two O’Melveny partner departures from this year that didn’t appear in our earlier list. Let’s take a look….

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Dewey get more talent? Yes.

LEWW is back, plus one more adorable kid and minus a lot of sleep. Prime wedding season is nearly upon us, but today our task is to get you caught up on some of the nuptial fabulosity that occurred in our absence.

(And by the way, if you missed the NYT’s December feature on the bride and groom who met at their kids’ nursery school and left their spouses to be together — and the whole should-we-celebrate-infidelity uproar that ensued — get your fill here. Good stuff.)

Today’s finalists:

Lauren Tortoriello and Jason Ertel

Eboni Marshall and Rossie Turman III

Elizabeth Raskin and Benjamin Warlick

Check out these newlyweds’ pictures and résumés, after the jump.

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We recently wondered, in the wake of Cadwalader announcing spring bonuses, whether Willkie Farr (and several other top New York firms) might follow suit.

Well, the wait is over. Willkie has announced spring bonuses, on the top-of-the-line Cravath scale….

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Ed. note: Gabe Acevedo will be covering LegalTech for Above the Law this year. If you are interested in communicating with someone from ATL about LegalTech coverage, please contact Gabe at gabe@gabesguide.com. Thanks.

The pregame show for LegalTech New York 2011 has been in full swing the last few weeks. Vendors and their PR reps have been constantly reaching out via emails, text messages, phone calls, and smoke signals, to contact industry experts, “thought leaders,” law firm decision makers, members of the media, and, perhaps most importantly, knuckleheads like me. All are doing their best to generate “buzz” before they announce their new products, alliances, services — fill in the blank as you see fit — at the conference.

Then, at 9:00 AM on Monday, LegalTech New York will open with what I am certain will be a riveting keynote address from Gabriel Buigas, Vice President and Deputy General Counsel of Hewlett Packard, entitled Legal vs. IT: Turn the Battle into a Solution to Meet Compliance. At that point, everything will reach a crescendo.

Well, not exactly.

Don’t get me wrong; I am sure Gabriel Buigas will give an excellent speech. But the real action will begin at 10 AM, when the doors to the exhibit hall open. That is when all hell breaks loose, and hundreds of technology vendors will be eagerly waiting to share with you the great news about their respective companies.

With that as a backdrop, here is some of what I expect to see at this year’s LegalTech….

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The memo is just coming in now, but the news is not shocking. Willkie Farr has decided to match the Cravath bonus scale, continuing the trend of everybody mindlessly doing whatever Cravath tells them to do.

The bonuses will be paid on December 17th, so Willkie associates will still have some time to put the bonus towards holiday shopping.

Let’s check out the full memo…

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The American Lawyer just released its annual summer associate job survey. Back in the day, law students paid a lot of attention to how summers before them enjoyed their summer associate experience. Of course, back in the day the summer associate experience used to be a 12-week-long recruiting event.

Now, it’s a 12 (or 10, or 8) week job interview. And the stress of that showed up in the summer associate surveys.

But despite a difficult job market, some summers still found time to bitch about the lack of lavish recruiting lunches. And Am Law looked at all the surveys and came up with a ranking of the top summer program.

Let’s take a look at the best (and the whiniest) summer programs…

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