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Some Firms Cutting Bonuses to Cover Cost of Rising Salaries
Following the stampede of larger California firms to hike associate salaries to the New York level, other firms continue to join the herd. Wilson Sonsini, Fenwick & West, Heller Ehrman and Irell & Manella are among the latest to raise starting pay in California to $160,000. But some firms that have matched have done so partly with money already set aside for their associates. MoFo, Heller and, according to a leaked memo, Wilson Sonsini have eliminated or reduced some associate bonuses.
Two L.A. Firms, Caught Up in Wiretapping Probe, Raise Associate Pay
Greenberg Glusker Fields Claman & Machtinger and Christensen, Glaser, Fink, Jacobs, Weil & Shapiro recently raised their first-year associate salaries while facing key partner departures and a federal criminal probe into whether their lawyers engaged in illegal wiretapping. Though the raises lag behind other firms' salary boosts this winter, partners say the raises have nothing to do with the wiretapping scandal. "We may be slow, but we're not stupid." says Christensen Glaser partner Patricia Glaser.Finally, Miranda Interrogation to Begin
The landmark Miranda v. Arizona decision faces its first full fledged frontal attack in a U.S. Supreme Court case scheduled for oral argument on April 19th. With more than two dozen amicus briefs on file, the high court in Dickerson v. United States will have to navigate a minefield of its own making even if it eventually decides to uphold Miranda.
WilmerHale Nets SEC Honcho for L.A. Foray
Wilmer Cutler Pickering Hale and Dorr has scored a high-profile securities lawyer to anchor its move into Los Angeles: Randall Lee, the former SEC regional director there. The firm's partnership voted in Lee this week, closing the door on what has been weeks of heavy recruitment since he left the SEC in mid-July. As the SEC has heightened its enforcement activity, its leaders are increasingly being sought in the private sector.Court Tosses Out Suit Against Groups That Vet Judges for Bush
A federal judge has tossed out a lawsuit aimed at subjecting California's judicial selection committees to open government rules, a move that would have shined a light on how California's federal judges are chosen. Lawyers for a failed U.S. attorney candidate in L.A. said the advisory committees should be open to the public under the Federal Advisory Committee Act. But a U.S. District Judge ruled last week that the question presented in the suit was political, not judicial.Two Early Boies Firm Recruits on Their Way Out
Two of the first partners David Boies recruited to join the firm now known as Boies, Schiller & Flexner are planning to leave. Steven Neuwirth will join Quinn Emanuel Urquhart Oliver & Hedges, and Andrew Hayes will be heading a nonprofit group. Both men said their departures stemmed from a desire to explore other opportunities rather than any dissatisfaction with the high-profile firm. But their decision raises anew the question of whether a firm founded by superstars can groom a new generation of partners.Calif. High Court: Court's Friends Not Subject to Lawyer Fees
In an eagerly anticipated ruling, the California Supreme Court has held that in most instances organizations' decisions to offer their views as amici curiae shouldn't subject them to private attorney general fees. Justice Carlos Moreno noted that the organizations involved in the case had played a more "active role" than most amici, but concluded that the "policy of encouraging amicus curiae participation is not compatible with a rule that would place such a litigant at risk for attorney fees."
Attorneys Split on Likely Effectiveness of Former Apple GC's Defense
The Securities and Exchange Commission's civil fraud charges against former Apple Inc. general counsel Nancy Heinen on Tuesday represent the agency's highest-profile condemnation so far of stock option backdating at a tech company. But attorneys are mixed on whether Heinen's apparent defense -- that she did not backdate options but actually forward-dated them in accordance with what she thought the law allowed -- will hold water with a jury.
Calif. High Court: Apply 'But For' Standard in Transactional Malpractice Case
When it comes to legal malpractice suits, there's no difference between transactional lawyers and litigators, California's high court has ruled. The decision in Viner v. Sweet reverses an appellate ruling that said disgruntled clients didn't have to go through a "trial within a trial" to determine whether they would have obtained a better deal in a business transaction "but for" their lawyer's alleged negligence.Trending Stories
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