Morning Docket: 10.28.16
* Slowly but surely, the effects of Brexit have started to take their toll on Biglaw firms in the United Kingdom. Thanks to the declining value of the pound, following a salary review, Akin Gump has decided to completely overhaul its compensation system and will now pay its junior associates in line with current exchange rates. Ouch! [The Lawyer (sub. req.)] * "I do not consider it a coincidence that this Democratic smear on Justice Thomas comes as he celebrates 25 years on the court, and in the heat of a presidential election." Former assistant White House counsel Mark Paoletta is having trouble believing attorney Moira Smith's groping allegation against Justice Clarence Thomas, while the justice himself says it's "preposterous," claiming "it never happened." [Washington Post] * "[M]ale management has not uttered a verbal word to me since April 1 — radio silence — despite my repeated invitations and efforts to sit down and discuss important issues that need to be sorted out...." If you'd like to know what life has been like for partner Kerrie Campbell since she filed her $50M suit against Chadbourne & Parke, this interview, though it may be brief, will tell you quite a bit about it. [Big Law Business] * A troubled Florida law firm -- one that's currently grappling with an ethics investigation against at least two attorneys and whose managing partner has previously been disciplined by the state bar -- has turned to layoffs in an attempt to solve some of its financial problems. Thus far, more than 50 employees have been let go from the firm since this past spring. We may have more on this later today. [Orlando Sentinel] * "This is an attack on the credibility of the court." Just when you thought elections for state judges couldn't get any duller, Microsoft's Bill Gates is banding together with other billionaires to oust Washington State Supreme Court Justice Charles Wiggins from his seat on the bench. In all, they've spent $850,000 to fund political action committees in an effort to convince voters to cast ballots for his opponent. [WSJ Law Blog]
* Slowly but surely, the effects of Brexit have started to take their toll on Biglaw firms in the United Kingdom. Thanks to the declining value of the pound, following a salary review, Akin Gump has decided to completely overhaul its compensation system and will now pay its junior associates in line with current exchange rates. Ouch! [The Lawyer (sub. req.)]
* “I do not consider it a coincidence that this Democratic smear on Justice Thomas comes as he celebrates 25 years on the court, and in the heat of a presidential election.” Former assistant White House counsel Mark Paoletta is having trouble believing attorney Moira Smith’s groping allegation against Justice Clarence Thomas, while the justice himself says it’s “preposterous,” claiming “it never happened.” [Washington Post]
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* “[M]ale management has not uttered a verbal word to me since April 1 — radio silence — despite my repeated invitations and efforts to sit down and discuss important issues that need to be sorted out….” If you’d like to know what life has been like for partner Kerrie Campbell since she filed her $50M suit against Chadbourne & Parke, this interview, though it may be brief, will tell you quite a bit about it. [Big Law Business]
* A troubled Florida law firm — one that’s currently grappling with an ethics investigation against at least two attorneys and whose managing partner has previously been disciplined by the state bar — has turned to layoffs in an attempt to solve some of its financial problems. Thus far, more than 50 employees have been let go from the firm since this past spring. We may have more on this later today. [Orlando Sentinel]
* “This is an attack on the credibility of the court.” Just when you thought elections for state judges couldn’t get any duller, Microsoft’s Bill Gates is banding together with other billionaires to oust Washington State Supreme Court Justice Charles Wiggins from his seat on the bench. In all, they’ve spent $850,000 to fund political action committees in an effort to convince voters to cast ballots for his opponent. [WSJ Law Blog]
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Staci Zaretsky is an editor at Above the Law. Feel free to email her with any tips, questions, or comments. Follow her on Twitter or connect with her on LinkedIn.
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