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The Lawyers of the 'Forbes' 400
Forbes released its annual list of the 400 wealthiest Americans last week and according to The American Lawyer's analysis, 37 of those who made the cut are law school graduates. While most of them didn't accumulate their fortunes in the legal trade, Forbes does identify Houston's Joe Jamail as the nation's richest practicing attorney. Here are some of those that gave up billing by the hour in order to make billions.Money Damages Awarded for Title IX Violations
Louisiana State University has given female athletes short shrift, the 5th U.S. Circuit Court of Appeals ruled. Civil rights lawyers say the opinion is groundbreaking because the court concluded that college athletes can collect monetary damages, not just injunctive relief, for violations of Title IX, which outlaws gender discrimination in education programs receiving federal financial assistance. The suit was brought by former fast-pitch softball players and soccer players.Falling In (House) and Out of Love
Jason Mark Anderman says BigLaw associates everywhere covet the opportunity to go in-house. While you do take a significant pay cut, you are often much happier with your lot in life, because many in-house lawyers usually leave work between 5 p.m. and 6 p.m. each day, and rarely work on the weekends. He discusses making the move, separating the experience into two different areas: 1. quality of life, and 2. quality of practicing law.Two patent holding companies with very different business models are giving companies looking to avoid expensive IP litigation a lot to think about this week.
Timing Is Everything for Lawyers on the Move
Beware of those fledgling ".com" companies on your firm's client list. Sure, they have the potential to be a huge source of business down the road. But they also have the potential to lure away the firm's bright, young legal talent with juicy stock-option deals and exciting, cutting-edge work. That's what happened to 185-attorney Cummings & Lockwood in Stamford, Conn. In little more than a year, two newly elected C&L partners defected to Stamford-based priceline.comEdward L. Kaufman, WWF Entertainment Inc.
As general counsel for WWF Entertainment Inc., Edward L. Kaufman handles the legal affairs of a media and entertainment company which includes wrestlers with names like "The Rock" and "Mankind." A wrestling fan since he was a teenager, Kaufman describes it as entertainment and says the image of wrestling as violent and a negative influence is "misplaced."Old-Line O'Melveny Seeks a New Breed of Client
O 'Melveny & Myers is promising its services to fledgling high-tech clients for equity instead of cold, hard cash. One day that start-up might go public and make anyone holding stock richer than rich. After all, the new object of commercial and legal interest these days is a bustling technology corridor that stretches from San Diego to Santa Barbara. And O'Melveny doesn't want to miss out.Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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The Ultimate Guide to Remote Legal Work
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Practical Guidance Journal: Protecting Work Product in a Generative AI World
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