promote burner 2

Your Ad Here

Monday, August 31, 2009

Non-Sequiturs: 08.28.09

Non-Sequiturs: 08.28.09

Russia.jpg* Hypocrisy on stilts. The Pay Czar banked $5.76 million as a law firm partner last year. [ABA Journal]

* Law firm love anthems. [Am Law Daily]

* Really, we're behind Uruguay now when it comes to civil rights? [The Stimulist]

* My home only has one bathroom. Does that explain everything? [Tax Prof Blog]

* Apparently it's scatological day at law firms at home and abroad. [Roll On Friday]

* Has there been less than stellar legal advice given to the Stanford Financial Group? [Houston's Clear Thinkers]

* Don't steal jokes from a comedian who is also a 1L at Cardozo. [Jeremy Schacter's in Law School]

* Child support is about the children Ms. Heche. [Popsquire]


Read more...

Sunday, August 30, 2009

The Douchiest Law School: Eight in the Douche Bag

The Douchiest Law School: Eight in the Douche Bag

douche.jpgYesterday we brought you ATL Douche Madness, a competition to crown the douchiest law school in the land. This was inspired by GQ.com's list of the Top 25 Douchiest Colleges in America.

What is a douche? We know lawyers thrive on precision, but this term resists an exact definition. To paraphrase Justice Stewart, you know a douche when you see a douche. For example, that guy in the photo to the right.

We started the contest with a field of 16 law schools, taken from the top of the latest U.S. News & World report rankings. The first eight match-ups garnered over 7,000 votes each. The field has now been narrowed to the eight douchiest law schools.

Check out the douches, and vote in the next match-ups, after the jump.

The closest contest in the first eight was UVA vs. NYU. We had hoped NYU would triumph in order to go head to head with Columbia, but UVA's popped collars triumphed over NYU's ironic popped collars. Here are the new brackets:

ATL Douche Madness brackets eight.jpg

Polls close Monday at midnight. Here are the next four match-ups:





Your ATL editors have placed their bets on this contest. To see our brackets for the Final Four, though, you'll have to friend me and/or Lat on Facebook, and check out our walls.

(We know. Kind of a douchey friend-request plug.)

Read more...

Legal Eagle Wedding Watch 8.17 and 8.24: Astrophysical

L
egal Eagle Wedding Watch 8.17 and 8.24: Astrophysical

champagne glasses small.jpgLEWW is fascinated by ATL's Douchiest Law School contest. Official results haven't been announced yet, but based on our preliminary read, Yale seems to have notched a decisive first-round victory over the University of Texas, and it looks like Harvard has trounced UCLA. Stanford Law School, however, appears to have been decisively out-douched by lowly Georgetown. Conclusion: The relationship between douchiness and prestige is not linear.

This week's weddings feature two YLS grads and two SLS grads, so these lawyer newlyweds are undeniably prestigious. But are they also representative of their respective institutions' reputations for d-baggery? We'll let you make the call.

Here are the couples:

1. Wendy Katz and Matthew Waxman

2. Megan Wall-Wolff and Joshua Younger

3. Julia Kripke and Matthew Kellogg


Read more...

Nationwide Layoff Follow-Up: More Numbers From Baker Botts

Nationwide Layoff Follow-Up: More Numbers From Baker Botts

Baker Botts logo.JPGThanks to all of the tipsters who are helping us put together numbers on the Baker Botts layoffs. Even though the firm doesn't want you to know how many people it is letting go, our sources have been relentless in helping us expose the information.

Yesterday we reported that Baker Botts laid off at least twelve associates in Houston. Today we can report that at least seven other associates were laid off in Baker's Washington office. One tipster has a colorful description of the action in D.C.:

Baker Botts DC canned 7 associates. They handled it so poorly that one found out from a secretary. ... They laid off associates who had a lot of hours and were strong performers, so it was even more ridiculous. None of us feel safe now. Apparently, this firm has no loyalties to anyone but the dollar.

According to NALP, there are 65 associates in Baker Botts's D.C. office. So the cuts represent around 10% of the associates in that office.

After the jump, we learn that the timing of these layoffs couldn't have been worse for one Baker Botts associate.

Read more...

Sidley D.C. Wants Some Incoming Associates to Start ... Early!

Sidley D.C. Wants Some Incoming Associates to Start ... Early!


Sidley Austin new logo Sidley Austin Brown Wood ATL Above the Law blog.jpgYesterday, we learned that Morgan, Lewis & Bockius came up with only one offer for the 17 second-year law students who summered in the firm's D.C. office.

At Sidley Austin's D.C. office, the news is very different. Above the Law has learned that Sidley D.C. is calling some of its incoming associates and asking them to start early. A Sidley-bound tipster reports:

Everybody in the D.C. office who expressed an interest has received a call from the D.C. office to start early -- right after the Labor Day. Yay! Yay! Yay!

Sidley offered a voluntary deferral option to its incoming associates. The firm reports that about a third of their incoming class voluntarily decided to start in November 2010. The rest of the class is slated to begin work in November 2009. But a few people in D.C. will have the opportunity to start earning money even earlier. A Sidley spokesperson released this statement to Above the Law:

[A]bout 100 associates will start with the firm on November 16, 2009. Due to the needs of certain practice groups, a handful of fall associates will join the firm before November 16, 2009.

This is good news. Cherish it, my friends.

Read more...

Lawsuit of the Day: Bathroom Breaks Receptionist

Lawsuit of the Day: Bathroom Breaks Receptionist

woman has to pee urinate gotta go.jpgThe law firm of Littler Mendelson is embroiled in a pretty nasty lawsuit with a former receptionist. The Washington Business Journal reported on the suit brought by the former Littler Mendelson receptionist, Rebecca Landrith:

According to the July 27 lawsuit the receptionist filed -- on her own behalf -- against her old firm, Littler provided no back-up or substitute receptionist, and "had no consistent policy or procedure as to when or how Landrith could take a restroom break."

Apparently, the receptionist was so bereft of bathroom breaks that she -- on multiple occasions -- pissed herself. Literally:

On two separate occasions, Landrith claims, she had to "wet her pants" at the reception desk because nobody would, well, relieve her.

Eww. Just yuck, man. Was there a physical chain attaching her to her desk? If not, there is simply no excuse. Can you imagine walking into a place of business, and the first person you see -- and smell -- is a woman covered in her own urine? Did she at least have some hand sanitizer on her desk!!!??? If I wanted to deal with that kind of stuff, I'd take the subway.

So, how much does Landrith want Littler to pay for her own incontinence?


Read more...

Accept Your Offers: All of Them

Accept Your Offers: All of Them

handshake with fingers crossed behind back.jpgLast recruiting season, Above the Law was the first publication to warn law students to accept their offers for summer employment as soon as possible.

This year that advice is so obvious that even law school career service professionals are telling students to accept offers quickly. William A. Chamberlain, assistant dean for law career strategy and advancement at Northwestern, wrote an article for the National Law Journal this week, strongly urging students to make decisions rapidly:

Our message to students about how to handle offers has been straightforward -- accept your offer quickly. The key is to get a job for next summer. Smart students will not rely on NALP's 45-day guideline but rather accept their offers as soon as humanly possible. [W]e have dealt with all sorts of reactions by firms to the economy and are urging our students to be risk-averse. Any sense of entitlement will be fatal this fall.

Relying on NALP guidelines = fatal?

You know, when the career services dean is directly warning students not to rely upon the NALP rules, I am forced to ask why students should heed the NALP rule limiting the number of offers students can accept.

Read more...

Notes from the Breadline: To Be On Your Own (Part III)

Notes from the Breadline: To Be On Your Own (Part III)

Notes from the Breadline Roxana St Thomas.jpgEd. note: Welcome to the latest installment of "Notes from the Breadline," a column by a laid-off lawyer in New York. Prior columns are collected here. You can reach Roxana St. Thomas by email (at roxanastthomas@gmail.com), follow her on Twitter, or find her on Facebook.

Dear Lat,

Thank you so much for the back-to-school care package you sent when I started classes at Solo Practice University! I must ask: where did you find the Wonder Twins pencil box? I absolutely adore it, and I love the Trapper Keeper (and the puffy stickers with googly eyes!) you picked out. I am also crazy about the Dukes of Hazzard lunchbox, and the note you included was very thoughtful. (I'm not sure that "Knock 'em dead!" is appropriate advice for a lawyer, but why split hairs?)

I'll address, seriatim, the questions you posed in your enclosed letter. Regarding your first question ("What are you going to wear on your first day of class??"), I had a hard time deciding between the plaid skirt, button-down shirt, and penny loafers you helped me pick out when we went back-to-school shopping, and something a little more casual, like the Guns 'n Roses t-shirt and holey jeans you turned your nose up at when I was modeling outfits. (I believe your exact words were "If you think you're leaving the house dressed like that, young lady, think again," and "If I put a 7-11 hot dog and a Slurpee in your hand, you'd look like Britney Spears - on a bad day.")

But that, my fashion-forward friend, is the beauty of Solo Practice University: I don't have to leave my house to go to class. Susan Cartier Liebel, the headmistress of Solo Practice University, calls it "carpet commuting," but since, as you know, I live in true Manhattan-style squalor and thus do not have a carpet, I simply call it "convenient." In any event (and because I also do not have an air conditioner), I opted for a tank top with a large coffee stain on the front, and shorts. Though I was certain my mother would pop out of the closet, smack me on the back of the head, and remind to "dress for the job you want," she did not make an appearance. The cats, however, channeling her disapproval, looked at me with disdain.

As for your second question, things here at Solo Practice University, or "SPU," as we call it on campus, are going well. The classes that SPU has to offer are - at this point - too numerous to list here, but as you know, they are divided four general areas: Substantive Law, Marketing and Management, Technology, and Work/Life Balance. In fact, the course content is so voluminous that I spent a few undignified minutes wringing my hands, uncertain about where to begin. (Again, the beauty of SPU is that no one can observe, firsthand, your minor meltdowns.)

No, Lat: there's no need to start gathering piles of Zoloft for my next care package (although a little Valium never hurt anyone - let's talk later). It turns out that my generalized anxieties, and the sense of being overwhelmed by the nuts and bolts of solo practice, were a valuable object lesson. Many people, Susan told me, are derailed by their fear of solo practice. One of her goals, therefore, was simply to "demystify" the reality of lawyering without a net. This led me to a minor, but useful, epiphany about one of my perceived barriers to solo practice: my fear of commitment.


Read more...

Job of the Week: The Real Employment Lawyers of Atlanta

Job of the Week: The Real Employment Lawyers of Atlanta

Job of the Week Lateral Link ATL logo.gifThe latest Job of the Week, brought to you by Lateral Link, is for someone who wants to relocate to Atlanta. To those of you living in New York and other expensive cities: just think of that cost of living adjustment!

Position: Employment Attorney

Location: Atlanta, GA

Description: A medium-sized Atlanta-based firm is seeking an employment litigation associate with 3-4 years of employment lit experience, preferably with some ERISA class action experience. The firm offers associates the chance for significant responsibility and lean case staffing and is known for maintaining the flexibility of a smaller firm, while providing a level of sophistication usually associated with much larger firms. The quality of the Firm's attorneys is evidenced by numerous honors and awards, including recognition as one of Atlanta's top law firms by the Atlanta Business Chronicle. Big firm experience and excellent academic credentials required. Out-of-state candidates preferred.

For more information about this position, please contact Lateral Link's Director for the Southeast, Jordan Abshire. Jordan is a graduate of Harvard Law School and a former Troutman Sanders attorney. Current Lateral Link members can also view Position #5207 on Lateral Link. Membership in Lateral Link is free and you can apply at www.laterallink.com.

Read more...

Legal Eagle Wedding Watch 8.17 and 8.24: Astrophysical

Legal Eagle Wedding Watch 8.17 and 8.24: Astrophysical

champagne glasses small.jpgLEWW is fascinated by ATL's Douchiest Law School contest. Official results haven't been announced yet, but based on our preliminary read, Yale seems to have notched a decisive first-round victory over the University of Texas, and it looks like Harvard has trounced UCLA. Stanford Law School, however, appears to have been decisively out-douched by lowly Georgetown. Conclusion: The relationship between douchiness and prestige is not linear.

This week's weddings feature two YLS grads and two SLS grads, so these lawyer newlyweds are undeniably prestigious. But are they also representative of their respective institutions' reputations for d-baggery? We'll let you make the call.

Here are the couples:

1. Wendy Katz and Matthew Waxman

2. Megan Wall-Wolff and Joshua Younger

3. Julia Kripke and Matthew Kellogg

Read all about these couples and vote for your favorite, after the jump.


Read more...

Some Random Friday Fun

Some Random Friday Fun

Mainly we're posting this because it's a Friday afternoon and rainy (at least here in New York). We figure you need some entertainment to launch you into the weekend.

But there is a legal angle to this music video. It might have spawned intellectual property litigation, if Disney -- and Miley Cyrus -- didn't have such a good sense of humor. Enjoy!

(If you like, feel free to discuss "fair use" issues in the music video context in the comments.)

Disney Allows a Gay Miley Cyrus Knock-Off Video to Flourish Online [Media Decoder / New York Times]
Finally, an Excuse to Post This Video of Fire Island Gays Lip-synching to Miley Cyrus [Daily Intel / New York Magazine]
Fire Island Gays Get the Attention of Miley Cyrus With 'Party' Video [Towleroad]


Read more...

Non-Sequiturs:

Non-Sequiturs:

Russia.jpg* Hypocrisy on stilts. The Pay Czar banked $5.76 million as a law firm partner last year. [ABA Journal]

* Law firm love anthems. [Am Law Daily]

* Really, we're behind Uruguay now when it comes to civil rights? [The Stimulist]

* My home only has one bathroom. Does that explain everything? [Tax Prof Blog]

* Apparently it's scatological day at law firms at home and abroad. [Roll On Friday]

* Has there been less than stellar legal advice given to the Stanford Financial Group? [Houston's Clear Thinkers]

* Don't steal jokes from a comedian who is also a 1L at Cardozo. [Jeremy Schacter's in Law School]

* Child support is about the children Ms. Heche. [Popsquire]


Read more...

The Douchiest Law School: Eight in the Douche Bag

The Douchiest Law School: Eight in the Douche Bag

douche.jpgYesterday we brought you ATL Douche Madness, a competition to crown the douchiest law school in the land. This was inspired by GQ.com's list of the Top 25 Douchiest Colleges in America.

What is a douche? We know lawyers thrive on precision, but this term resists an exact definition. To paraphrase Justice Stewart, you know a douche when you see a douche. For example, that guy in the photo to the right.

We started the contest with a field of 16 law schools, taken from the top of the latest U.S. News & World report rankings. The first eight match-ups garnered over 7,000 votes each. The field has now been narrowed to the eight douchiest law schools.

Check out the douches, and vote in the next match-ups, after the jump.



Read more...

Tuesday, August 18, 2009

Mamas Don't Let Your Babies Grow Up To Be Contract Attorneys

Mamas Don't Let Your Babies Grow Up To Be Contract Attorneys

staff attorney contract attorney doc review.jpgThe world of contract attorneys isn't our primary focus around here. We make occasional forays into that territory, but for the most part we leave it to sites that can focus on it with more intensity. E.g., Temporary Attorney (aka Tom the Temp).

If the temp-attorney world is your cup of tea, however, then check out this interesting new site, which several ATL readers have emailed us about: Big Debt, Small Law. We reached out to Law Is 4 Losers -- the angry author, who still works as a contract attorney (he just finished a New York project for a large national law firm) -- and we asked him about the origins of the site. He explained:

I was prompted to start the blog for two reasons. First is the membership solicitation from the ABA asking me for $250 in dues and listing all the wonderful things that they've been doing of late to "improve" this profession (curiously, outsourcing my job to India via ethics opinion 08-451 was not among them).

Another reason was my recent NYS Law license renewal of $350. There was no waiver provision or extension for unemployed lawyers. [W]e contract attorneys have to pay health insurance, bar dues, CLE fees, and other obligations out of our own pocket. And at the $28 an hour straight-time now offered by NYC Biglaw (or the $40K small firms are paying), this is a hell of a lot of money. Forcing people to choose between their rent and their job is unconscionable....

I hope to warn incoming One L's and prospective law students about the reality out there behind the slick admissions brochures and silver-tongued charlatan deans who will lie thru their teeth to get their hands on that Sallie Mae loan money. I'd also like to lobby the state bars to offer fee waivers or extensions on dues to unemployed lawyers who can prove financial hardship.

If you're an associate and feeling sorry for yourself, perhaps because your pay has been cut or layoffs are taking place at your firm, Law Is 4 Losers doesn't want to hear it:

Bad as things are for associates, they are 100 times worse for doc reviewers. We've been losing jobs every few weeks or months ever since leaving law school, having no "careers" to speak of, and also no health insurance, severance, or savings.

His most recent blog post -- deeply depressing, but scabrously funny -- describes the misery of temping at two of Biglaw's biggest names: Paul Weiss and Sullivan & Cromwell. And he doesn't pull his punches.

Read more...

Lawsuit of the Day: Sort of Like the AutoAdmit Case

Lawsuit of the Day: Sort of Like the AutoAdmit Case

liskula cohen blog lawsuit.jpgBut with a hot blonde model as the plaintiff. From our sister site, Fashionista:

Liskula Cohen's modeled for Versace and Armani and landed international Vogue covers, but recently she's made less fashionable headlines.

Last year, a doorman smashed her over the head with a vodka bottle, and this year she's sued Google to reveal the identity of an especially cruel blogger. The both tragic and anonymous person used Google's blogger.com platform to unleash constant rants about the blond's imagined sexual habits, but argued in court that the words were "non-actionable opinion and/or hyperbole."

Find out how this fared, at Fashionista.

Internet Anonymity at its Worst [Fashionista]


Read more...

$40 Million Benchslap for Weil Gotshal

$40 Million Benchslap for Weil Gotshal

Weil.gifDon't get too comfortable with that shiny new #6 Vault ranking, Weil Gotshal. The firm just got served, Texas style. The ABA Journal reports:

The Texas judge who ordered Microsoft to pay $290 million for infringing a patent included a $40 million enhancement that he said was partly justified because of alleged trial misconduct by a lawyer from Weil, Gotshal & Manges.

U.S. District Judge Leonard Davis tacked on the $40 million penalty because of evidence of willful infringement. But also "favoring enhancement," he said in an opinion, was trial conduct by lawyer Matthew Douglas Powers, a Weil Gotshal partner.

Matthew Douglas Powers is a big name in IP circles. And he's the co-chair of Weil's litigation department. But he's not going to comment on Judge Davis's $40 million critique of his trial performance.


Read more...

Paul Hastings Offer Rates

Paul Hastings Offer Rates

Paul Hastings logo.JPGThere has been a lot of chatter about the offer situation at Paul Hastings. Right now, we understand that about 50% of the current summer class has received an offer to return to the firm. The other 50% are in limbo.

Above the Law talked with a spokesperson for Paul Hastings. We have some good news, some bad news, and some great news to report.

First the good news: Paul Hastings intends to make offers to between 70% and 75% of its current summer class, firm wide. That means as many as half of the people who haven't heard anything about their offers could be receiving an opportunity for full time employment. Yay.

Obviously, the bad news is that there will be quite a few summers that will not be getting an offer from Paul Hastings.

At least the firm is being upfront about the reason to no offer between 25% and 30% of the class. Paul Hastings told us "it's the economy." You can't get any more straightforward than that.

We understand that Paul Hastings will end the suspense for its summers by the end of the program. The summer program wraps up over the next two weeks at the firm.

But for the majority of Paul Hastings summers that will be getting a full-time offer, there is some truly great news for you just after the jump.


Read more...

Sunday, August 16, 2009

This Week In Layoffs: 08.15.09

This Week In Layoffs

pink slip layoff notice Above the Law blog.jpgEd. note: Above the Law has teamed up with Law Shucks. Law Shucks has done excellent work translating all of the layoff news into user-friendly charts and graphs: the Layoff Tracker.

Hallelujah!

We've come so close recently, but we can finally call it.

For the first time this year, we have gone an entire week without a layoff reported at any major law firm.

By popular demand, we'll first address the broader US economy, where the news isn't quite as good. Initial jobless claims rose unexpectedly, to 558,000, last week. Curiously, what seems like good news might not be: the total number of unemployed dropped to the lowest level since April. Once again, that's more likely the result of people no longer qualifying as "unemployed" under the BLS definition. In the worst case, people whose right to receive benefits has expired (i.e., they've been unemployed for more than 12-18 months) don't count. There is also a substantial contingent of disaffected workers, those who have simply given up searching, who also don't count.

Perhaps the better indicator of BigLaw's clients' health is the S&P 500, which was relatively flat for the week and held at the psychologically important 1,000 level.

After the jump, a celebration of the week without layoffs.

Read more...

An ATL Event: Rooftop Gathering with Applied Discovery

An ATL Event: Rooftop Gathering with Applied Discovery

If you'll be in New York on Monday, August 24, you might be interested in this event, brought to you by Above the Law and our friends at Applied Discovery:

Applied Discovery kickoff Empire Hotel rooftop roof party.jpg

SPACE IS LIMITED. To request an invitation, please email InviteRequest@breakingmedia.com. Please include your name, employer, and job title in your response. If we can accommodate you, we will send you a confirmation by email.

Thanks! We hope to see you on the 24th.


Read more...

Good thing the Supreme Court has its own gym!

Good thing the Supreme Court has its own gym!

Sonia Sotomayor Above the Law small.jpgWhen Justice Sonia Sotomayor needs to work off all the rice, beans and pork she's consumed, she hits the gym.

Alas, it appears that Her Honor's Equinox gym membership was canceled, after she apparently refused to show identification when trying to enter the premises. We're with Justice Sotomayor on this: she's a frickin' federal judge, the closest thing this nation has to an aristocracy. Showing ID is for little people!

Sure, Barack Obama showed his birth certificate identification when he visited Equinox health clubs during the campaign. But he's Article II -- ick, having to run for election, how déclassé -- and Justice Sotomayor is Article III, fabulous and life-tenured.

Luckily, the SCOTUS has its own gym -- replete with a basketball court, aka "the highest court in the land." And Justice Sotomayor won't have to worry about being recognized at One First Street (where even the law clerks are recognized on sight by the Supreme Court police).

Sotomayor v. Equinox Fitness: The Case of the Canceled Membership [New York magazine]

Read more...

Wednesday, August 5, 2009

Lawyerly Lairs: Latham Partner Gives His Wife a Fabulous Paris Pad for Her Birthday

Lawyerly Lairs: Latham Partner Gives His Wife a Fabulous Paris Pad for Her Birthday

Bryant Edwards Bryant B Edwards Paris pied a terre.JPGEarlier this year, Latham & Watkins laid off some 400 employees (190 associates and 250 staff). This caused many to wonder about how tough times were getting at Latham.

Well, don't shed tears for LW partners just yet. From the New York Times:

If a tourist passing along the Rue du Cloître Notre-Dame just looks up, it is not hard to glimpse, through the open windows above, the rich colors of old master paintings that have been stretched across a ceiling in Linda and Bryant Edwards's first-floor apartment.

And from the home itself, in an elegant Haussmann building dating to 1905, the family has its own view -- of the garden behind Notre Dame Cathedral....

When her husband, 54, presented her with the apartment as a gift for her 40th birthday, Mrs. Edwards envisioned a kind of "Tale of Two Cities" life, split between Paris and what was then the couple's home in London.

The generous husband in question, Bryant Edwards, is a partner at Latham & Watkins. Last year he moved to Dubai, where he serves as managing partner of the firm's Middle East office. The Edwardses now use their Paris apartment as a pied-à-terre when they return to the Continent.

So, the question you're all wondering: How much did this amazing apartment cost?

Read more...

Nationwide Salary Cut Watch: Mintz's Levy on Salaries

Nationwide Salary Cut Watch: Mintz's Levy on Salaries

Salary Cuts.jpgTwo weeks ago, Mintz Levin laid off 15 associates. But apparently those cuts were not deep enough. Above the Law has been able to confirm that Mintz Levin has cut associate salaries. A tipster explains it this way:

Salaries will be adjusted as follows (firm-wide, all departments) based on this 12-month period:

* Hours greater than 1635, salary reduced by 5%

* Hours between 1445-1635, salary reduced by 15%

* Hours between 1250-1444, salary reduced by 25%

* Hours less than 1250, salary reduced by 35%

Associates who were employed by the firm for the full fiscal years ended March 31, 2007 and 2008 and who met or exceeded target (i.e. 1925 hours) will have their salaries reduced by only 5%, regardless of their hours for the 12 month period (i.e. this safe harbor effectively only applies to 4th yr associates and above).

To make these cuts Mintz is looking at hours billed over the last 12 months. And we all know what has happened over the last 12 months:

[The cuts are] based on their utilization during the prior 12 months - August 1, 2008 through July 31, 2009. Why the arbitrary period? It's a snapshot of the recession at its height.

But the firm will make people whole and return the money at the end of the fiscal year if their projections are wrong. For people on track to make their hours in FY 2009 who nonetheless fall below the threshold if you count the entire recession against them, they will have an opportunity to get some of their money back. So they should consider it simply loaning money to the firm right now at a 0% interest rate.

Feel better? More details, including a statement from Mintz Levin, after the jump.

Read more...

Thanks to This Week's Advertisers

Thanks to This Week's Advertisers

thank you post it note.JPGA quick word of thanks to this week's advertisers on Above the Law:

  • Stone & Magnanini (a job listing!!! see HERE)
  • University of Massachusetts, Amherst, Isenberg School of Management (read about JD/MBA programs HERE)
  • OCI Advantage
  • The New York Times
  • The Economist
  • Kinney Recruiting
  • Mestel
  • Law.com

    If you're interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email advertising@breakingmedia.com. Thanks!

  • Read more...

    Notes from the Breadline: Alone, Alone, Alone

    Notes from the Breadline: Alone, Alone, Alone

    Notes from the Breadline Roxana St Thomas.jpgEd. note: Welcome to the latest installment of "Notes from the Breadline," a column by a laid-off lawyer in New York. Prior columns are collected here. You can reach Roxana St. Thomas by email (at roxanastthomas@gmail.com), follow her on Twitter, or find her on Facebook.

    On a drizzly Thursday morning, my friend Giovanna calls to invite me to lunch. "I have a window between a meeting and a conference call," she says, referring to concepts that are increasingly foreign to me. "Come and meet me."

    "I don't know," I say guiltily, tallying the lunches, dinners, and coffees to which she has treated me in the past few months, "you just bought me dinner.'

    "Don't be silly," she says cheerfully. "Consider it a public service, since you'll have to shower."

    "Whoa!" I tell her, "let's not be rash."

    "Take a shower," she says sternly. "I'll meet you downstairs at one."

    A few hours later, we are sitting at a restaurant. Giovanna is dressed beautifully for work, her hair and makeup perfect. Although I have showered, I realize that I could easily be mistaken for her maid. We talk about her new colleagues, her most recent deposition, and my job search, before the conversation turns to what women invariably talk about when they talk to other women: men.

    Sitting at the table -- hands wrapped around our coffee cups, voices lowered conspiratorially -- I am reminded of television commercials in which women confide sheepishly about unseemly problems, like occasional irregularity or embarrassing ring-around-the-collar. But, before a chipper paid spokesperson can appear, offering us laxative yogurt or assistance with our laundry woes, we identify the issue at hand: DWUI.

    No, puzzled readers -- not that DWUI. Without diminishing, in any way, the seriousness of operating a motor vehicle after tossing back too many suds or hitting the pipe, let's be clear: we are talking about something entirely different. We're talking about the insidious problem of Dating While on Unemployment Insurance.

    Read about the perils of DWUI, after the jump.

    Read more...

    Bad News for Lawyers....

    Bad News for Lawyers....

    Specter Switches parties.jpgAnd accountants, and investment bankers. Senator Arlen Specter (D-PA) has introduced legislation that, if passed, would make it easier for investors to sue law firms, accountants and investment banks involved in perpetrating fraud. The law would effectively overrule Supreme Court precedent placing limits upon suits against parties with indirect involvement in fraud.

    Read more -- and comment -- over at Going Concern (link below).

    Arlen Specter Not Pandering to the Bean Counter Vote [Going Concern]

    Read more...

    Glue(d) Stick Victim Arrested

    Glue(d) Stick Victim Arrested

    Women glue husband penis.JPGRemember the fellow we mentioned yesterday, whose wife (and her friends) gave him the reverse Bobbitt treatment, by gluing his penis to his stomach?

    Poor guy -- things have gone from bad to worse for him. From the Madison Capital Times:

    The eastern Wisconsin man who was the victim in a bizarre plot to punish him for disloyalty in a lover's quadrangle is in jail.

    Fond du Lac Police Capt. Steven Klein said Wednesday the 36-year-old man was arrested Tuesday on allegations of child abuse, theft, unlawful phone use and harassment with a death threat in a domestic abuse investigation.

    Sounds to us like a very sticky situation.

    Read more...

    Nationwide Salary Cut Watch: Perkins Coie Makes a Tiny Incision

    Nationwide Salary Cut Watch: Perkins Coie Makes a Tiny Incision

    Salary Cuts.jpgMight this be the kindest cut of all? Perkins Coie just announced a salary cut for associates, but it's rather small -- and it was accompanied by good news.

    Today a firm-wide voice mail from managing partner Robert Giles went out, announcing the following:

    -- an average 3.8 percent pay cut for Perkins Coie associates, effective September 1;

    -- deferred salary rollbacks in some offices -- e.g., Menlo Park -- until "our competitors in these markets rollback associate salaries" (hmm, sounds like an invitation to us); and

    -- an expression of confidence that there will be no more layoffs this year.

    We reached out to Bob Giles, who confirmed the accuracy of the foregoing.

    All in all, it's on the mild side for bad news, sort of like the firm's modest layoffs back in April (just 12 attorneys). No wonder Perkins employees seem to like the place so much.

    P.S. Congratulations to Perkins Coie partner Harry Schneider, this year's winner of the American Inns of Court's Professionalism Award for the Ninth Circuit. We met Schneider at the Ninth Circuit Judicial Conference, where the honor was presented to him in person. Schneider successfully represented Guantanamo detainee Salim Hamdan in Hamdan v. Rumsfeld.

    Read more...

    Non-Sequiturs

    Non-Sequiturs

    Althouse engaged.jpg* Naked shorting: it sounds hot, but it might just get you into trouble with the SEC. [Dealbreaker]

    * So you worked for Bernie Madoff -- or Marc Dreier, aka Mini-Madoff. Is it okay to lie on your résumé? [Let's Talk Turkey]

    * Are Canadian law students and lawyers cuter than their American counterparts? Based on the ones in this video, yes. [Law Is Cool]

    * In case you're wondering, Professor Ann Althouse kept her name when she married her commenter / suitor -- no "Mrs. Meade" for her. [Althouse]

    * Boobies!!! (Maybe NSFW, but probably not -- it's artsy photography, for Australian Vogue.) [Fashionista]

    Read more...