LawyerASAP

Morning Docket

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]

Morning Docket

Morning Docket: 02.09.16

* Demand for corporate work may be down, but that's not stopping senior Biglaw partners from ramping up their hourly billing rates. Partners at some firms have rates that exceed $1,400 per hour. They're not making it rain, they're making it monsoon! [WSJ Law Blog] * No law license, no pretty huge problem: Pennsylvania Attorney General Kathleen Kane's license to practice law is still suspended, so the state Senate has scheduled a historic vote for her removal. For her part, Kane, of course, thinks this is "unwarranted and unconstitutional." [PennLive.com] * Herbert Sudfeld Jr., an ex-partner at Fox Rothschild, was convicted of insider trading. He'd apparently eavesdropped on discussions related to a firm merger client and purchased stock based on what he'd overheard. [Legal Intelligencer via ABA Journal] * Washington & Lee Law settled a suit filed by a former student who claimed he was dismissed as a result of a campus judicial proceeding because he was accused in a sexual assault case. The terms of the deal won't be disclosed. [Richmond Times-Dispatch] * When your firm's founding partners have been disciplined by the state Supreme Court a few times too many, you should probably hurry up and change the firm's name to something kooky like LawyerASAP to distract your existing clients. [Orlando Sentinel]