Biglaw

Morning Docket: 11.14.14

* Loretta Lynch, America’s would-be attorney general, has been flying under the radar for years, and now senators are searching to find something, anything at all really, that could possibly be wrong with her. [Legal Times] * “[T]his is the best period of time that we have seen in a long time.” According to Wells Fargo Private Bank’s Legal Specialty Group, Biglaw’s revenue, hours, and profits all rose in the first nine months of 2014. Nice work! [Am Law Daily] * Biglaw mergers and acquisitions are now on pace to meet or beat last year’s record, and company legal departments are pretty pissed off about it, especially since “[l]arge firm views on conflicts [tend to] drive [GCs] crazy.” [Reuters] * Retired Supreme Court Justice Sandra Day O’Connor attended the groundbreaking of Arizona State Law’s new campus, and even shoveled some dirt in honor of the school named after her. [Arizona Republic] * What’s the price on being blackballed? Condé Nast settled its unpaid intern class-action lawsuit yesterday for $5.8 million, which will result in $700 to $1,900 payouts per aggrieved intern. [Fashionista]

By Staci Zaretsky on November 14, 2014 9:02 am

* Loretta Lynch, America’s would-be attorney general, has been flying under the radar for years, and now senators are searching to find something, anything at all really, that could possibly be wrong with her. [Legal Times]

* “[T]his is the best period of time that we have seen in a long time.” According to Wells Fargo Private Bank’s Legal Specialty Group, Biglaw’s revenue, hours, and profits all rose in the first nine months of 2014. Nice work! [Am Law Daily]

* Biglaw mergers and acquisitions are now on pace to meet or beat last year’s record, and company legal departments are pretty pissed off about it, especially since “[l]arge firm views on conflicts [tend to] drive [GCs] crazy.” [Reuters]

* Retired Supreme Court Justice Sandra Day O’Connor attended the groundbreaking of Arizona State Law’s new campus, and even shoveled some dirt in honor of the school named after her. [Arizona Republic]

* What’s the price on being blackballed? Condé Nast settled its unpaid intern class-action lawsuit yesterday for $5.8 million, which will result in $700 to $1,900 payouts per aggrieved intern. [Fashionista]