
Judge Delivers Stinging Rebuke To Partners For Freezing Out Associates
This may come as a shock, but he wasn't pleased.
This may come as a shock, but he wasn't pleased.
A federal judge told the parties they had to let their associates speak or neither side would get oral argument. The firms said they'd rather take option B.
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* If you’re looking for an easy résumé line, then consider joining the Supreme Court bar, an elite organization that doesn’t check to see if its members are still alive. All you need is three years of practice, two signatures, and $200. [Associated Press] * Stanley Chesley, the master of disaster himself, was disbarred for his “shocking and reprehensible” conduct in a fen-phen case. His wife, U.S. District Court Judge Susan Dlott of the Southern District of Ohio, must be oh so pleased. [Courier-Journal] * Howrey like dem apples now? Some of Howrey’s former partners, including ex-chairman Robert Ryuak, all lined up to make deals to delay lawsuits from firm’s bankruptcy trustee, Allan Diamond. [WSJ Law Blog (sub. req.)] * This Biglaw firm’s future was just a little bit dimmer in 2012, with a 4.9 percent dip in profits per equity partner. This is unexpected from Milbank, a number 3 seed in our March Madness competition. [Am Law Daily] * The NRA’s New York affiliate filed suit challenging the state’s new gun laws, claiming that ban on assault weapons violates the Second Amendment — because this is clearly what the founders intended. [Reuters] * Raj Rajaratnam’s younger brother, Rengan Rajaratnam, was indicted yesterday in a federal insider-trading scheme tied to the Galleon case. You can’t fault the guy, he was just trying to keep it in the family. [Bloomberg] * Sorry, Dean Boland, but you’re not going anywhere. A judge denied the attorney’s request to withdraw from Paul Ceglia’s Facebook case. He must be wishing there were a dislike button now. [Law 360 (sub. req.)]
The year is quickly drawing to a close, but we have unfinished business to conduct here at Above the Law. We still have to crown our Lawyer of the Year for 2011. The polls will remain open until January 3 at 11:59 PM. And the nominees are....
He was clearly the salesman-in-chief, and he did a darn good job at it. I remember being told that despite the fact that the economy was essentially collapsing around everyone’s heads, 2008 was going to come in well over budget with record revenues and profits. — Andrew Ness, former managing partner of the D.C. office […]
One of the most colorful characters in the saga of Howrey LLP, the once-thriving law firm that dissolved this past March, was Robert Ruyak, former chairman of the firm. Alas, many at Howrey found Ruyak's leadership to be less than inspiring, but yesterday brought news that Ruyak has found a new professional home. Where's he going?
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* “How can I keep other people from stealing my idea?” If you’re hoping to do so through copyright law, good luck. [Law of Fashion] * Howrey CEO Robert Ruyak blamed alternative fee arrangements for contributing to Howrey’s downfall, but Jay Shepherd isn’t buying it. [The Client Revolution] * Speaking of Howrey, former partners have […]
Whoops. Even though the polls closed about a week ago, we forgot to announce our Lawyer of the Month for February. So let’s get to it. Who is Above the Law’s latest honoree?
* Howrey’d come to this? Robert Ruyak’s ruminations on his law firm’s fall. [WSJ Law Blog] * Speaking of Howrey, it’s only the latest of several major law firms to go from Am Law 100 status to dissolution. Take a swim in the Biglaw Dead Pool. [Law Shucks] * Dov Charney, CEO of American Apparel, […]
The partners of the law firm of Howrey LLP, founded in 1956, have voted to dissolve the existing Howrey partnership. The dissolution will take effect on March 15, 2011, according to a press release that was issued earlier tonight by the firm. The firm’s chairman and CEO, Robert Ruyak, has not been the most popular […]
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Yes. The voting started today at 11:30 AM (Eastern time) and remains underway, according to Am Law Daily. We will keep you posted, either by adding updates to this post or publishing a new post. Meanwhile, the CEO (and poet laureate) of Howrey, Robert Ruyak, gave an interview to the Wall Street Journal about the […]
Partners at the differently abled challenged Howrey law firm continue to leave the reservation in droves. Last night, Am Law Daily reported on the departure of antitrust litigatrix Roxann Henry. She’s joining Dewey & LeBoeuf, which has picked up a number of Howrey refugees (including Henry Bunsow, former vice-chairman of the firm). What’s next for […]
The spinning of the revolving door at the beleaguered Howrey law firm is making our heads spin here at Above the Law. Keeping track of all the partner departures is becoming quite the challenge. We’ve collected some links about the latest partner defections, after the jump. At this rate, it’s not clear how many lawyers […]
On Twitter, somebody told me that “February is the Monday of months.” So true. For such a short month, February just drags on and on and on. Maybe it does make sense to dump Black History Month in February, because the month is like the freaking Middle Passage, bringing us to the tyranny of hay-fever […]
The Howrey saga rolls on. The story has been interesting to cover, since it involves some colorful characters and illustrates a number of trends that are reshaping the large-law-firm landscape (as noted in the recent Washington Post piece on Howrey). But at a certain point, we’re just going to want some closure on this story. […]