Pensions

Won’t someone, anyone merge with Stroock now?

This practice area offers opportunities to interact directly with clients as a relatively junior associate.

One firm -- guess which one -- has a plan with an average account balance of $2.1 million.

Don't postpone these tough but necessary conversations.

An important new book addresses our nation's retirement income security crisis -- and contains investment advice too.

* Today’s the first Monday in October, and we all know what that means. The Supreme Court starts its Term as disapproval of its work reaches a new high for recent years. [Gallup via How Appealing]

* And here’s Adam Liptak’s excellent overview of the new Supreme Court Term, so you can sound smart at cocktail parties this month. [New York Times]

* In other SCOTUS news, Senator Bob Menendez is fighting the bribery charges against him by relying upon a high court decision he once condemned — can you guess which one? [The Record How Appealing]

* Which presidential candidates get the most in campaign contributions from Silicon Valley lawyers? The second-place finisher might surprise you. [The Recorder]

* Elsewhere in presidential politics, Hillary Clinton will announce new gun-control proposals later today. [New York Times]

* Don’t rush off to law school just yet, but the legal sector did gain a few thousand jobs last month, layoffs notwithstanding. [American Lawyer]

* Dewey have any idea of when this jury will reach a verdict? [Law360]

* Super-mediator Kenneth Feinberg’s latest challenge: pension reform. [National Law Journal]

Can Detroit even go broke successfully?

Which law firm turned to the government for help this time, and how underfunded was its pension plan?

Additional thoughts on in-house counsel compensation, from columnist David Mowry.

Lawyers often think that leaving a law firm to go in-house involves a pay cut. Think again....

Greenberg Traurig's CEO opens up on a variety of subjects, ranging from the firm's recent capital call to the measures it has taken to respond to prior scandals.

The latest Dewey developments: partner reactions to the proposed settlement plan, how to handle or dispose of thousands of boxes of client files, and pension problems for ex-employees.

What's the latest news in the Dewey & LeBoeuf bankruptcy?

* Dewey retired partners with unfunded pensions get a seat at the table for this bankruptcy circus? Yeah, but only because the U.S. Trustee did something unheard of and appointed a committee of former partners as creditors. [WSJ Law Blog]

* Yesterday was definitely a great day to be gay on the east coast. In addition to the First Circuit’s DOMA decision, a New York appellate court ruled that being called gay is no longer defamatory per se. [New York Law Journal]

* Milberg is the latest firm to dump Paul Ceglia of Facebook lawsuit fame, but Dean Boland, his other lawyer, says the Biglaw firm just “serve[d] as a distraction.” Somebody please give this man a dislike button. [Buffalo News]

* Humblebrag of the day by Judge Alsup of Oracle v. Google fame: he’s written lines of code “a hundred times before.” He also squashed Oracle’s API copyright infringement claims like bugs. [Courthouse News Service]

* Remember Kimberly Ireland, the Kansas attorney who falsely accused Judge Kevin Moriarty of waxing his gavel beneath the bench? She got a retroactive two-year suspension. [ABA Journal via Legal Profession Blog]

* Elizabeth Warren has confirmed that she told Harvard Law and Penn Law that she was a Native American, but only after she had been hired. She didn’t get any action of the affirmative variety, no sir. [Associated Press]

* Recent law school graduates are a little more desperate than we thought they were. At least 32 people have already applied for that BC Law job advertising a salary below minimum wage. [Boston Business Journal]

* Activision settled a lawsuit with two Call of Duty developers, but isn’t worried about an effect on its financials due to a strong third quarter performance. And you can thank your damn Elite packages for that. [PCMag]

Dewey & LeBoeuf is preparing itself for the afterlife: it's shedding overseas offices, sending partners packing, and finding new takers for its real estate (and its pension obligations).

* When Dewey tell the world that we’re dead, but not yet buried? The firm filed a notice with the New York State Department of Labor listing its closing date as yesterday. And what’s their reason for doing so? “Economic.” [Am Law Daily (sub. req.)]

* “The continuing loss of revenue-generating partners and Dewey’s debt load has culminated in the imminent demise of Dewey.” Damn, the PBGC certainly doesn’t mince words. Say hello to the flailing firm’s latest lawsuit of many. [Reuters]

* A judge reinstated Le-Nature’s $500M case against K&L Gates for failure to detect fraud. Hope the firm has a half-billion lying around — they haven’t been doing too well with the whole honesty thing lately. [Businessweek]

* You stay classy, DSK! Your aggravated pimp hand is strong! Dominique Strauss-Kahn filed a $1M countersuit against Nafissatou Diallo because she “ruined his life, personally and professionally.” [Wall Street Journal]

* Conspiring to price fix? There’s an app for that! A federal judge denied Apple’s and several book publisher’s motions to dismiss a consumer class-action lawsuit about e-book pricing. [Media Decoder / New York Times]

* Now this is some backwards ass Fern Gully sh*t. A judge refused to dismiss Chevron’s racketeering and fraud lawsuit against New York attorney Steven Donziger for his work done in Ecuador. [New York Law Journal]

* Thomas Jefferson Law will be the site of the next solo incubator. This is a great way to keep your grads from suing you (not to mention a great way to increase your employed-at-nine-months rate). [National Law Journal]

What is one prominent Dewey partner's theory for what caused the firm's collapse?

Dewey have enough money to pay its pension liabilities? Apparently not....

What is the latest news and rumor about Dewey & LeBoeuf? Not good, for starters....