Nonequity Partners

Baker McKenzie Poaches Partner From O’Melveny: In M&A

Biglaw Trend That Is Surprisingly Risky: Expanding non-equity partner ranks.

Aileen Cannon Unsealed A Bunch Of Documents: It sure seems tense in that courtroom.

Another Trump Criminal Case, Another Gag Order: Another unhinged social media post from the former president.

Biglaw Is Growing In Atlanta: But the traditional ATL firms stay dominant.

* Yes, it’s true: Jeff Sessions came thisclose to resigning as attorney general, after Donald Trump berated him following the appointment of special counsel Bob Mueller in the Russia probe. [New York Times]

* Bye-bye to blue slips? It wouldn’t exactly be “nuclear,” since their treatment has varied greatly over the years. [BuzzFeed]

* The State Bar of California tries to cut down the arguments in favor of a lower cut score on the bar exam. [ABA Journal]

* Technology platforms are driving an increase in transparency that’s having profound consequences for the employer/employee relationship (as I recently discussed on the podcast of Akerman employment-law partner Matt Steinberg). [Akerman]

* Embattled Equifax has turned to Phyllis Sumner and King & Spalding for much-needed legal help in the wake of its massive data breach. [Law.com]

* Statutory interpretation question: can you be both the victim and the perpetrator in a child pornography case? [How Appealing]

* The ranks of nonequity partners continue to grow; has this trend gone too far? [Big Law Business]

* Prosecution of individuals in cases of corporate wrongdoing (aka the Yates Memo), and Justice Department policy on enforcement of federal marijuana laws in states where it has been decriminalized — both are “under review” at the DOJ, according to Deputy Attorney General Rod Rosenstein. [Law.com]

* According to Senate Majority Leader Mitch McConnell, Judge Neil Gorsuch will be confirmed to the Supreme Court at about 11:30 a.m. on the first day of the Senate’s nuclear winter. Now that we’re in the nuclear age, when it’s time for the next SCOTUS nominee’s confirmation hearings, Senator Orrin Hatch “expect[s] Armageddon.” [CNN]

* It’s been about a month since Preet Bharara was ousted from his position as the U.S. Attorney for the Southern District of New York, and he isn’t mincing his words when it comes to his firing, calling it “a direct example of the kind of uncertain helter-skelter incompetence” people associate with the Trump administration. [New York Times]

* Speaking of the Trump administration’s “helter-skelter incompetence,” Twitter has filed suit against the Department of Homeland Security in an attempt to block an agency summons to reveal the identity of @ALT_uscis, an anonymous user who has used the social media platform to criticize the president’s immigration policies. [Reuters]

* According to the latest data from Bloomberg, Cleary Gottlieb handled the largest volume of M&A deals in 2017’s first quarter, with the firm involved in 22 deals worth more than $98 billion. Skadden Arps, Cravath, Kirkland & Ellis, and Slaughter and May fell in line behind Cleary, each surpassing $54 billion in deal volume. [Big Law Business]

* Welcome back, John White! Now that Mary Jo White has departed from her position at the U.S. Securities and Exchange Commission and is back at Debevoise & Plimpton, her husband — who was the firm’s lone nonequity partner for four years — will return to the firm’s equity partnership, where he can enjoy all of the rain he makes. [Am Law Daily]