Summer Associate Offer Rates (2012): A Round-Up
Which firms are making job offers to 100 percent of their summer associates? A whole lot of them....
Summer Associate Offer Rates (2012): Open Thread
Summer associate programs are winding down, and offer rate news is trickling in. What are we hearing?
Morning Docket: 04.23.12
* No dowry, no problem: Dewey we have a suitor for this imploding Biglaw firm? Rumor has it that Greenberg Traurig was seen whispering sweet nothings into D&L’s ear about its possible interest. [Am Law Daily] * BlackBerry maker Research In Motion has hired Milbank Tweed to work out a restructuring plan. Just think, maybe if your product didn’t suck so hard, you wouldn’t be in this position in the first place. [Reuters] * Sex, money, and betrayal… it sounds like another failed TV series about lawyers on ABC, but in actuality, it’s just a preview of the John Edwards campaign finance trial set to begin this week. [Los Angeles Times] * Technophobes beware, because this copyright battle over code is getting serious. Oracle v. Google turned into Larry v. Larry in court last week as the CEOs for both companies gave testimony. [Bits / New York Times] * George Zimmerman thought he’d have to stay in jail longer because he was having trouble coming up with his bail money, but he was released in the dead of night. Bet he looked pretty suspicious. [CNN] * “There are [fewer students] coming in and crying. I haven’t had a crier yet, which I have had in the past.” Given the legal hiring market, that’s a real accomplishment for a career services official. [Charlotte Observer] * Who gives a sh*t? Not this Russian fertilizer tycoon. When you’re a billionaire, buying an $88M apartment for your kid is just a run-of-the-mill transaction. Come on, he’s not hiding his assets for his divorce. [Telegraph]
Morning Docket: 03.14.12
* Who will play starring roles in the Obamacare arguments before SCOTUS? A bunch of older white guys. Good thing this isn’t televised, because the ratings would probably suck. [Legal Times] * The judiciary is on the cusp of a “financial crisis,” and some trials may be put on hold. That, or they’re just going to get rid of people. Which do you think it’ll be? [Thomson Reuters News & Insight] * When rankings like these are available, who cares about U.S. News? Here’s a list of the law schools you should go to if you want to actually make bank as a lawyer. [Forbes] * Covington & Burling is the latest Biglaw firm to sign up for an office in Seoul. Memo to partners: this is not the spring “bonus” your associates care about. [Capital Business Blog / Washington Post] * The jury in the Dharun Ravi privacy trial is set to begin its deliberations this morning. Oh, to be a fly on the wall in that room — or, more on point, a webcam. [Statehouse Bureau] * Thomas Puccio, a former Biglaw partner known for his notorious clientele, RIP. [New York Times]
Oy Vey! Milbank Mistakenly Touts ‘Only Orthodox Jewish Woman Partner’ in Biglaw
Milbank Tweed, in a recent press release about its new partnership class, gave a special shout-out to Atara Miller. It identified Miller as "likely the only Orthodox Jewish woman partner at a major Wall Street firm." A big shot in Biglaw, and a baleboste to boot. But is it accurate to assert that Miller is unique?
Non-Sequiturs: 01.04.12
* The recess appointment of Richard Cordray to head the CFPB could get tricky — not because Republicans are outraged by recess appointments (much like Democrats are outraged by obstructionist filibusters), but because Congress isn’t technically in recess, due to the sham sessions Congress has been running. [WSJ Law Blog] * Milbank, if you’re going […]
Associate Bonus Watch: Milbank Matches — or Beats? — Cravath and Skadden
Milbank Tweed matched the Cravath bonus scale for 2011. But wait -- did Milbank perhaps beat the Cravath and Skadden bonus scales? Let's look at the details of the Milbank bonus announcement....
Biglaw Perk Watch: Has the Gay Gross-Up Hit the Tipping Point?
It’s late October, so Biglaw bonus news could drop any day now. In 2010, Cravath didn’t kick off the season until November 22. But back in 2009, Cravath announced bonuses on November 2. And in 2007 — yes, the glory days, before the Great Recession — Cravath announced bonuses, regular and “special,” on October 29. […]
Musical Chairs: Orrick Assembles an Impressive Team of Finance and High-Yield Lawyers
The law firm of Orrick, Herrington & Sutcliffe continues to do battle with its former client, MGA Entertainment. It seems that the maker of Bratz dolls is still acting in bratty fashion, by not paying its legal bills, and Orrick has moved to withdraw from representing MGA. Fortunately, things are happier on the transactional side for Orrick. The firm just announced that it's picking up five bank finance and high-yield partners, for its New York office. The new arrivals come from four different places, including three firms whose names you will definitely recognize....
Two Partners Leave Paul Hastings for Nixon Peabody
(Plus Paul Hastings staff layoffs.)
During 2011, Paul Hastings has been picking up partners. Like any large firm, however, Paul Hastings loses partners, too. We've just learned of two partners who are ankling PH for Nixon Peabody. Let's find out who they are, get the backstory on their departures, and also obtain the 411 on some PH staff layoffs....
Why Law Firms Are Moving Beyond The Billable Hour
Explore 5 expert-backed reasons law firms are rethinking the billable hour and how legal billing software is leading the way.
Associate Bonus Watch: Milbank Makes Bank, Matches Cravath Spring Bonuses
Milbank Tweed? More like Milbank Cashmere. Associates at the firm can treat themselves to some luxury goods this weekend, in anticipation of the cash that’s coming their way in a few weeks. Earlier today, the firm announced that it will be matching the Cravath spring bonuses. It’s a pleasant surprise to some….
Non-Sequiturs: 02.11.11
* Tipsters, I’ve seen the Milbank / Harvard Law news. I just don’t have a strong opinion about it. Good, bad, indifferent? You tell me. [Harvard Law School; National Law Journal via Truth on the Market] * Is Ashley Madison (the dating site for adulterers) a scam? [Forbes] * Ah, the real reason Hosni Mubarak […]