Martin Lipton

Wachtell has a unique philosophy when it comes to money.

* Lawyers for Dr. Christine Blasey Ford say that she’s “prepared to testify next week” before the Senate Judiciary Committee on her allegations of sexual assault against Judge Brett Kavanaugh, but not on Monday (an “arbitrary” date), and only under “terms that are fair and which ensure her safety.” [CNN]

* Everyone and their mother and their dog who’s been caught up in the Kavanaugh controversy has lawyered up. Patrick Smyth, one of SCOTUS nominee Brett Kavanaugh’s former high school classmates who was reportedly at the party where Dr. Christine Blasey Ford was allegedly assaulted, has hired Kobre & Kim to represent him. [American Lawyer]

* “Cohen’s disavowal of Trump has triggered a series of events that turned once very good friends into permanent enemies.” Michael Cohen has been chatting with Robert Mueller, and his conversations have focused on Trump’s dealings with Russia, possible collusion, and whether he’s ever discussed a pardon with Trump. [ABC News]

* When it comes to Wachtell, “[i]t may be the last true partnership,” but that’s not how 87-year-old “Poison Pill” creater Martin Lipton sees things. “If I wasn’t here tomorrow, the firm wouldn’t be any different,” he says, because he wants to pass everything on to the next generation of lawyers in the future. [Big Law Business]

* $26.5 million can buy you lots of fancy things, including a law school. The University of Alabama School of Law will now be known as the Hugh F. Culverhouse Jr. School of Law at the University of Alabama after Culverhouse donated the largest gift in the school’s history. Congratulations and ROLL TIDE! [Sarasota Herald-Tribune]

* For the first time in history, there are more women than men at Brigham Young University’s J. Reuben Clark Law School. Fifty-two percent of BYU Law’s first-year students are women. According to the dean of admissions, applications increased by 6.7 percent this year, with a nearly 21 percent rise among women. [Daily Herald]

* The trial for Katherine Magbanua and Sigfredo Garcia, who are accused in the 2014 murder of FSU Law professor Dan Markel, was scheduled for October 8, but it’s been delayed due to a defense attorney’s medical treatment. [Tallahassee Democrat]

The lawyer turned media mogul diagnoses the nation's ills in his latest book.

* The Trump administration asks the Supreme Court to toss the travel ban case on mootness grounds — and to scrub the lower-court rulings against it from the books. [How Appealing]

* Meanwhile, the District of Columbia won’t take the fight over its concealed-carry law to SCOTUS, fearing that the Court might just make the situation worse if called to rule on gun rights. [Washington Post]

* At age 86, Marty Lipton of Wachtell Lipton is still in the mix, issuing influential client memos on important issues of corporate law. [Big Law Business]

* Does the emperor have no clothes robes? Zoran (Zoki) Tasic, a former Seventh Circuit staff attorney, calls out Judge Richard Posner over alleged errors in the judge’s new book (affiliate link) about the treatment of pro se litigants. [How Appealing]

* Support staff at Hogan Lovells seem to love the firm’s buyout offers; the firm’s voluntary-retirement program attracted even more interest than expected. (Expect more on this later.) [Law.com]

* What does the future hold for the Obama administration’s proposed changes to overtime rules? Senators seek guidance from Cheryl Stanton, the former Alito clerk and Ogletree Deakins partner who enjoyed smooth sailing at her recent confirmation hearings to serve as head of the Labor Department’s Wage and Hour Division. [Bloomberg BNA]

* In other news about the fate of Obama-era regulations, it looks like the Trump administration will be rolling back the federal requirement for employers to include birth control coverage in their health insurance plans, expanding exemptions for religious objectors. [New York Times]

What has your firm done to speak out against hate?

Early birthday wishes to Marty Lipton!

What can trial lawyers learn from the late Joe Jamail's handling of this famous case?

* Presumptive Republican presidential nominee Donald Trump promises that he won’t speak ill of Judge Gonzalo Curiel anymore, but it took a lot of heavy criticism from GOP leaders for him to come around to the idea of being civil. He now says his comments about Judge Curiel’s ability to remain impartial due to his Mexican heritage were “misconstrued.” [Washington Post]

* You know you’ve screwed up when a judge accuses you of “egregious misconduct,” but you know you may have made the biggest mistake of your career when your “bad faith conduct” results in the voiding of a $200M patent infringement verdict. This in-house Merck patent prosecutor must be in a very bad place right now. [Big Law Business]

* Chief Justice Roy Moore of the Alabama Supreme Court has two weeks to respond to a complaint lodged by the state’s Judicial Inquiry Commission over his order that probate judges not issue same-sex marriage licenses. If found in violation of ethical rules, Moore could be removed from his position — for the second time. [Montgomery Advertiser]

* Arlo Devlin-Brown, the head of the public corruption unit for the U.S. Attorney’s Office for the Southern District of New York since 2014, will be leaving office to head to private practice. After working to put Sheldon Silver and Dean Skelos behind bars, he’s off to Covington & Burling, where he’ll be on the white-collar defense team. [New York Post]

* “The concept of fair market value under Delaware law is not equivalent to the economic concept of fair market value.” Vice Chancellor Laster (Del. Ch.) made lawyers’ jaws drop when he overruled the market in the Dell case. Martin Lipton of Wachtell says more buyers may be tempted to walk away from deals now. [DealBook / New York Times]

Who needs to resort to layoffs when your profits per partner are this high?

There's a website that translates pages into Snoop-speak. We use that on some bios and SCOTUS opinions.

* Former SCOTUS clerks earn more money for having clerked at the high court than SCOTUS justices earn for their yearly salaries. Consider how ridiculous that is. [The Economist]

* As it turns out, the National Security Agency oversteps its legal authority thousands of times each year, but that’s only because it’s a “human-run agency.” [Washington Post]

* Federal judges have come together to bemoan sequestration. “We do not have projects or programs to cut; we only have people.” Eep! Don’t give them any ideas. [National Law Journal]

* Ready, set, lawgasm! The comment period for proposed amendments to the Federal Rules of Civil Procedure opened up yesterday, and yet again, e-discovery rules are on the table for debate. [Forbes]

* NYU professors want Martin Lipton to step down from the school’s board of trustees, but the Wachtell Lipton founding partner has had a honey badger-esque response — he don’t give a s**t. [Am Law Daily]

* As was widely expected, Mayor Michael Bloomberg’s army of New York City lawyers will soon take the first step to appeal Judge Shira Scheindlin’s stop-and-frisk ruling. [New York Law Journal (sub. req.)]

* A West Virginia judge was federally indicted for attempting to frame his secretary’s husband with drug charges. Did we mention that the secretary is the judge’s ex-lover? Quite dramatic. [Charleston Gazette]

* Consortium: Not just for straight couples. A same-sex couple in Pennsylvania is trying to appeal the dismissal of a loss of consortium claim in light of the Supreme Court’s Windsor ruling. [Legal Intelligencer]

* Christian Gerhartsreiter, aka poseur heir Clark Rockefeller, was just sentenced to 27 years to life in prison in a California cold-case murder. Maybe Lifetime will make a sequel to that god-awful movie. [Toronto Star]

* Jacques Vergès, defender of notorious villains and perpetual devil’s advocate, RIP. [New York Times]

* It’s Alito time, bitch! If you were wondering about any of the cases in which the justice recused himself last year, his latest financial disclosure report is quite telling. [Blog of Legal Times]

* Yet another appellate court has ruled that Obama’s recess appointments to the NLRB were unconstitutional. Alright, we get it, just wait for the Supreme Court to rule. [TPM LiveWire]

* Hey baby, nice package: With stock awards soaring, general counsel at some of the world’s largest companies had a great year in 2012 in terms of compensation. [Corporate Counsel]

* NYU Law professors want Martin Lipton of Wachtell Lipton to swallow a poison pill and step down from the school’s board of trustees over his ties to the University’s unpopular president. [Am Law Daily]

* Now that they’ve stopped acting like the doll they were arguing about in court, MGA has put aside its differences with Orrick to amicably settle a fee dispute in the Bratz case. [National Law Journal]

* Who needs to go on a post-bar vacation when you can take a vacation while you’re studying for the bar? This is apparently a trend right now among recent law school graduates. Lucky! [New York Times]

* A man puts assets into his pin-up wife’s name on advice of counsel, she files for divorce, and the firm allegedly takes her as a client. This obviously happened in Florida. [Daily Business Review (sub. req.)]

* David Schubert, the deputy DA who prosecuted Paris Hilton and Bruno Mars, RIP. [Las Vegas Sun]

* I know you don’t want to be evil, but I don’t think “privacy” means what you think it means. Google users have filed a class action suit against the company in New York over its new complete and utter lack of privacy policy. [Bloomberg]

* So you made some anti-war comments, touched Dick Cheney, got arrested, claimed your First Amendment rights were violated, and your case made it all the way to SCOTUS. Greatest accomplishment? Not getting shot by Cheney. [Huffington Post]

* Whoa, whoa, whoa. You mean to tell me that Wachtell’s name partner, Martin Lipton, the man who created the “poison pill,” supports staggered boards? Consider my mind blown. [DealBook / New York Times]

* M&A maven Dennis Block and real estate rock star Jeffrey Feil each donated $1M to their alma mater, Brooklyn Law School. See, you don’t need to go to a T14 school to make bank. [National Law Journal]

* Protip: not even Dov Charney’s world-renowned creepiness can save you from an arbitration agreement. A former employees $260M sex slave suit has been tossed out of court. [New York Daily News]

Wachtell Lipton, the obscenely profitable and dazzlingly prestigious New York law firm, just elected three lawyers to its millionaires’ club partnership. By firm tradition, the partnership vote takes place on Election Day each year. Expect an official announcement tomorrow; we bring you the news today. The three lucky, talented, and hardworking new partners are: — […]

This just in: Earlier this month, M&A powerhouse Wachtell, Lipton, Rosen, & Katz bestowed generous “mid-year bonuses” upon its associates. The dough was distributed “without prejudice” to Wachtell Lipton’s legendary year-end bonuses, which in recent years have come in anywhere between 40 to 80 percent of an associate’s base salary. (WLRK’s base salaries are already […]