Biglaw
Biglaw Firm Contemplating Transatlantic Merger
Hopefully these two lovebirds can find a way to make it in this crazy world.
* The Senate rejects the latest GOP effort to repeal the Affordable Care Act — with Senator John McCain casting the decisive “no” vote. [Washington Post]
* Riley Safer Holmes and Cancila continues its rapid expansion, adding 13 new lawyers — including eight from Bryan Cave, led by former managing partner Joseph McCoy. [Law360]
* More bad news for the LGBT community from the Trump administration: the Justice Department takes the position that Title VII doesn’t cover discrimination on the basis of sexual orientation. [How Appealing]
* Meanwhile, civil rights and LGBT groups get ready to file suit if President Trump’s plan to ban transgender people from the military becomes a reality (which is not yet the case). [National Law Journal]
* And these groups might just prevail — Michael Richter and Anna Pohl, chairs of the New York City Bar Association’s Military Affairs and LGBT Rights Committees, lay out the case for why the transgender ban is unconstitutional. [The Hill]
* Stephanie Francis Ward takes a long, hard look at the woes of Charlotte School of Law — and the rest of the beleaguered Infilaw consortium of law schools. [ABA Journal]
* Closing statements in the Martin Shkreli case paint very different pictures of the infamous “Pharma Bro.” [Law.com]
* Nuisance claims, or nuisance suits? Judge James Donato (N.D. Cal.) seems skeptical of a purported class-action case targeting Pokémon GO (which recently added Legendaries to the game). [The Recorder]
* Remember when Trump recaptured the news cycle from the string of blunders and Russian scandals that rocked his first month? That seems like just yesterday…. [Washington Post]
* What happens to lawyers after they publicly demean themselves appear on The Bachelor? [The Ringer]
* After a massive scandal, Wells Fargo is slashing executive pay in the name of accountability. Well, by “slashing,” they mean “the people who failed to pick up the fraud will still make millions,” but it’s the tokenistic thought that counts. [Corporate Counsel]
* JP Morgan replaced 360,000 hours of annual legal work with a robot that does the work in seconds. That sounds impressive, but when you control for Biglaw hour padding the software really replaced about 20 minutes of work. [Bloomberg Markets]
* Yahoo’s GC resigned over their cybersecurity kerfuffle. Most Americans greet the news by wondering, “wait, Yahoo is still around?” [NY Times]
* Salary increases may be nice, but it just intensifies senior skepticism over what young associates really bring to the table. [Law360]
* Gibson Dunn building its Houston office on with Latham laterals. [Texas Lawyer]
* Even with revenue down, Bryan Cave manages to get PPP up. [Am Law Daily]
* Because he’d like to stop “freeriding on the services of Bryan Cave,” Stephen DiCarmine, Dewey & LeBoeuf’s former executive director, told a judge that he’d like to dump Austin Campriello as his lawyer and represent himself in the retrial of his criminal case. DiCarmine, a current textile design student, was warned that this likely wasn’t a very wise choice on his part. [WSJ Law Blog]
* Kaye Scholer’s managing partner “wouldn’t comment on any speculation or rumor,” but word on the street is that his firm and Arnold & Porter may potentially be discussing a possible merger. Information related to this merger is really just a game of Biglaw telephone at this point. Let us know if you have any credible details. [Big Law Business]
* This seems like the plotline of a reality TV series: A trial date has been set for one of the three Trump University lawsuits, and if all goes according to plan for likely Republican nominee Donald Trump, it looks like we may have a president-elect taking the witness stand to testify about allegations related to fraud before his inauguration. [CBS News]
* Just in time for law school commencement ceremonies, the Bureau of Labor Statistics has some depressing news about employment statistics. In April, the legal services sector lost 1,500 jobs. Thus far, the only month in 2016 when jobs were added in the legal services sector was March. Well… this really isn’t very encouraging. [Am Law Daily]
* “It’s been one step forward, two steps back since [2009].” The job market for law school grads is still challenging, but due to the fact that class sizes are smaller now, job prospects may seem a bit brighter for some. Are things really looking up? This John Marshall Law grad — with a job! — thinks things are going to be fine. [Chicago Tribune]
* Everyone was under the impression that Dickstein Shapiro and Bryan Cave would be tying the knot by the year’s end, but instead, it looks like their brief love affair has turned into a bad romance. Oh no! Will Dickstein Shapiro be left at the altar? [Big Law Business / Bloomberg BNA]
* “The idea they own the name ‘blue’ for a manual for legal citations is ridiculous.” A rival citation guide to The Bluebook will be released in 2016, using the name “BabyBlue.” Since a Biglaw IP attorney is involved in the copyright clash, this is already more exciting than techciting. [WSJ Law Blog]
* Ethan Couch, the Texas teen who was too rich to realize his actions had consequences, was apparently also too rich to realize he shouldn’t hide out in a ritzy vacation locale in Mexico while on the run from police with his mother. Damn you, affluenza! [CNN]
* If you’re looking for a law firm where you can take time off whenever you want and still earn a healthy paycheck, then look no further than Ashton KCJ Lawyers in England. That’s a perk we’re sure attorneys in the U.S. would love their firms to adopt. [Mirror]
* Annie, get your gun: Gun-toting Texans are going to have a very happy new year, because come January 1, 2016, the state’s new open carry law will go into effect. The open carrying of handguns had previously been banned in the state since 1865. [RT]
* Jeffrey Feulner, founder of the Men’s Divorce Law Firm, was charged with domestic violence battery after he allegedly attacked his wife. She filed for divorce three days later — and presumably used a more woman-friendly lawyer as counsel. [Orlando Sentinel]
Steven M. Baumer, Chief Executive Officer
University of Michigan, JD
