Kirkland & Ellis is wildly popular with its associates most of the time but things may have changed a bit this year. Associates received their bonuses this week. No standardized scale has been announced but some details have begun to trickle out. Some associates are reporting bonuses lower than the Cravath scale, and other [...]
Continue reading...Sunday, October 4, 2009
Half a dozen incoming associates to the Katten Muchin Rosenman law firm have reason to celebrate. On Friday, the law firm sent out a statement rescinding their March decision to hold off starting dates for six of their incoming associates. Initially, the associates were to start on February 1, 2010. However, due to what the [...]
Continue reading...Thursday, September 24, 2009
Prominent New York based firm Skadden Arps sent out offers to potential candidates for their 2010 summer program. The firm, which boasts over 2,000 lawyers, announced in August that there would be massive cuts to their summer hiring. They hired 225 students for this summer’s program and they plan to hire less than half of [...]
Continue reading...Tuesday, February 24, 2009
The state of Utah will become the third in the nation, after Georgia and Delaware, to require people new to the practice of law to participate in a yearlong, mandatory mentoring program intended to foster professionalism, ethics, and practical advice. The Utah Supreme Court has already approved the program, called the New Lawyer Training Program, and [...]
Continue reading...Wednesday, January 21, 2009
In the past few years, international law firms have been opening up offices in Dubai. Now, US firms, like Weil Gotshal Manges, and Kilpatrick Stockton, have announced plans to open up offices there. They join other prominent firms such as Clifford Chance, Allen & Overy, DLA Piper, Linklaters, and Latham & Watkins, who all have offices [...]
Continue reading...Monday, January 19, 2009
He goes by the username “Minerva,” after the Greek goddess of wisdom. He rose from anonymity in South Korea, for accurately predicting the current economic crisis. He even predicted the collapse of Lehman Brothers. Now, the 31 year old Park Dae-Sung, is charged with going too far in an online discussion. He stated that the government [...]
Continue reading...Monday, January 19, 2009
The 8th U.S. Circuit Court of Appeals threw out a decade old case on Thursday, relieving the Dorsey & Whitney law firm from the threat of $4 million in malpractice suits. In 1999, an investment bank in Minneapolis, called Miller & Schroeder, which is now non-operational, packaged about $12 million in bonds, selling them to over [...]
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Wednesday, December 23, 2009
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