Equity Partners
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Morning Docket
Morning Docket: 09.14.15
* A former DJ is suing Taylor Swift because he claims that he lost his job after he was falsely accused of grabbing the singer’s ass. When contacted for comment, Swift said, “I’ve got a blank motion to dismiss, baby, and I’ll write your name.” [Associated Press]
* BakerHostetler’s partners unanimously agreed to do away with its two-tiered partnership structure. We would’ve been shocked the firm was going to kick its nonequity partner title to the curb, but we broke the news on it last month. [Am Law Daily]
* Albany Law’s new dean thinks she may have a solution to the school’s enrollment problem, which is down by 38 percent since 2010. She wants to hire more professors, even though the school’s existing professors aren’t exactly pleased. [Albany Business Review]
* California’s legislature approved a landmark bill that will permit physician-assisted suicide for terminally ill patients. If Governor Jerry Brown refuses to sign the “death with dignity” law, supporters will likely bring it to a ballot referendum. [New York Times]
* A Brooklyn bride alleges in a recently filed lawsuit that she’s still waiting for her wedding pictures… more than two years after her wedding took place. She’s clearly not a bridezilla, because if she were, a lawsuit wouldn’t have even been necessary. [New York Post]
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Biglaw, Partner Issues
Major Partnership Overhaul In The Works At Biglaw Firm
A major law firm considers eliminating its non-equity partner class. - Sponsored
Luxury, Lies, And A $10 Million Embezzlement
In a scandal that rocked the business community, a former high-profile executive was sentenced to prison, plus five years of supervised release and restitution. -
Bankruptcy, Biglaw, Dissolution, Lateral Moves, Law Firm Mergers, Layoffs, Partner Issues, Staff Layoffs
More Info About The Morgan Lewis / Bingham McCutchen Deal
How many Bingham associates are being invited to join Morgan Lewis, and what will happen to Bingham's Kentucky back-office operation?
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Bankruptcy, Biglaw, Citigroup, Dissolution, Lateral Moves, Law Firm Mergers, Partner Issues, Partner Profits
A Closer Look At The Morgan-Bingham Deal
Sources say that Bingham will NOT go bankrupt. -
Bankruptcy, Biglaw, Dissolution, Lateral Moves, Law Firm Mergers, Partner Issues, Partner Profits
Bingham To Go Bust In Wake Of Morgan Lewis Raid
What is the fate of Bingham after Morgan Lewis's "mass lateral hire" of 226 Bingham partners? -
Bankruptcy, Biglaw, Lateral Moves, Law Firm Mergers, Partner Issues, Partner Profits
Bingham McCutchen Readies Itself For Rescue
Will Bingham go the way of Patton Boggs or Dewey & LeBoeuf? -
Bankruptcy, Biglaw, Lateral Moves, Law Firm Mergers, Partner Issues, Partner Profits
Bingham Cancels Partner Retreat; Will The Morgan Lewis Deal Go Through?
How bad are things looking at Bingham right now? -
Bankruptcy, Biglaw, Lateral Moves, Law Firm Mergers, Partner Issues, Partner Profits
Bingham McCutchen: Is The Patient Stabilizing?
What are the latest revelations about the state of affairs at troubled Bingham McCutchen? - Sponsored
Curbing Client And Talent Loss With Productivity Tech
Law firms must leverage technology to curb client attrition and talent loss, enhancing efficiency and aligning with evolving expectations for lasting success. -
Bankruptcy, Biglaw, Lateral Moves, Law Firm Mergers, Partner Issues, Partner Profits
The Rise And Fall of Bingham McCutchen
What happens to Bingham if the Morgan Lewis deal doesn't go through? -
Biglaw, Lateral Moves, Law Firm Mergers, Partner Issues, Partner Profits
What Needs To Happen For the Bingham / Morgan Lewis Deal To Proceed
There's good news for some Bingham partners, and bad news for others. -
Biglaw, Magic Circle, Partner Issues, Partner Profits, United Kingdom / Great Britain
The Magic Circle vs. New York's Elite
A comparison of the recent financial performance of the top U.K. and New York law firms. -
Biglaw, Clerkships, Football, Kids, Money, Morning Docket, Music, Partner Issues, Rankings, Rap, SCOTUS, Summer Associates, Supreme Court, Technology
Morning Docket: 09.15.14
* “Operas can get pretty gory. I should have put that in my brief.” In the upcoming Supreme Court term, it looks like law clerks will have to educate their justices about the intricacies of rap music’s sometimes violent lyrics. [National Law Journal]
* The pay gap between equity and non-equity Biglaw partners is growing wider and wider. According to recent survey, on average, equity partners are bringing home $633K more than non-equity partners each year. [Am Law Daily]
* Hackers are targeting Biglaw firms to acquire their clients’ important secrets. Unfortunately, no one is brave enough to step up to the plate and say their firm’s been hit — admitting that “could be an extinction-level event.” [Tribune-Review]
* Which Biglaw firms had the most satisfied summer associates this year? There was a big rankings shake-up at the top of the list this time around, and we’ll have more on this later today. [Am Law Daily]
* In the wake of the Ray Rice scandal, Adrian Peterson screwed up many of your fantasy football teams after he was indicted for hurting his child “with criminal negligence.” He’s now out on $15,000 bail. [CNN]
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Bankruptcy, Biglaw, Divorce Train Wrecks, Family Law, Money, Partner Issues, Partner Profits
A Messy Divorce Offers An Inside Look At Biglaw Partner Pay
Divorce litigation reveals the partner pay structure at one leading law firm.
Sponsored
Thomson Reuters' Claims Explorer: A Powerful Tool For Legal Claim Identification
Curbing Client And Talent Loss With Productivity Tech
Tackling Deposition Anxiety: How AI Is Changing The Way Lawyers Do Depositions
Sponsored
Luxury, Lies, And A $10 Million Embezzlement
Law Firm Business Development Is More Than Relationship Building
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Biglaw, Gender, Lateral Moves, Minority Issues, Partner Issues, Partner Profits, Women's Issues
New Study Reveals Women Earn Much More Than Men In Biglaw (Just Kidding!)
Is there a gender pay gap in Biglaw? You bet. -
Bankruptcy, Biglaw, Dewey & LeBoeuf, Dissolution, In-House Counsel, Money, Partner Issues, White & Case
A Non-Equity Partner's Rant
Are non-equity partners getting a bad rap? -
Biglaw, In-House Counsel, Money, Partner Issues, Partner Profits
On 'Hybrid' Partners And The Games Law Firms Play
What do we talk about when we talk about "partners"? -
Ask the Experts, Biglaw, Layoffs, Old People, Partner Issues
From Across the Desk: Hard Conversations 101
One of the thorniest issues any leader has to deal with is telling senior-level underperformers that they’d be better off elsewhere. -
Biglaw, Law Firm Mergers, Layoffs, Locke Lord, Locke Lord Bissell & Liddell, Partner Issues, Partner Profits, Patton Boggs, Staff Layoffs
Can Patton Boggs Escape From The Swamp?
How is Patton Boggs trying to save itself, and will its plan work? -
Biglaw, Lateral Moves, Money, Partner Issues
The Problems Firms Face When Pushing Out Partners
What happens when partners are pushed out of the law firms they once loved? You won't believe how messy these bad romances can get... -
Biglaw, Lateral Moves, Money, Partner Issues, Women's Issues
5 Findings From A Survey Of New Partners
What are the most notable findings from the American Lawyer's latest New Partners Survey?