Musical Chairs: 11.27.06
We've fallen a bit behind in telling you who is going where, and why. So here's a short recap of notable recent moves within the legal profession:
From Law to Finance:
* It's rare for partners to leave Wachtell Lipton, but it does happen. Earlier this month, former WLRK corporate partner Mitchell Presser left the firm, to join Fox Paine. Presser, renowned at Wachtell for his impeccable taste in sushi, focuses on deal structuring and new investment opportunities at Fox Paine.
New Partners:
* Simpson Thacher & Bartlett: Eight new partners in New York. Corporate: Barrie Covit, John Ericson, Ellen Reilly Patterson, Kathryn King Sudol. Executive compensation and employee benefits: Gregory Grogan. Real estate: Sasan Mehrar. Litigation: Michael Garvey and George Wang (whom we know, and who are both very fine lawyers -- congrats, guys).
* Willkie Farr & Gallagher: Eleven new partners in New York. Corporate and financial services: Leah Campbell, Mark Cognetti, Morgan Elwyn, Rita Molesworth (luv the name), Adam Turteltaub. Litigation: Mary Eaton, Scott Rose, and former AUSA Michael Schachter. Tax: Christopher Peters. Business reorganization and restructuring: Rachel Strickland.
You may recall Michael Schachter as the superstar federal prosecutor in the Southern District of New York, who helped send Martha Stewart to prison (where she learned to make delicious dishes using vending machine fare and the inmates' communal microwave).
* Weil Gotshal & Manges: Twenty new partners around the country. That's too many for us to reprint here, so check out the list in the press release.
A majority of these twenty partners are women, and two are "flex-time partners." Details here.
Out the Door:
* Myron Olesnyckyj, former general counsel of Monster Worldwide Inc. (which owns Monster.com). Stock options backdating. Yawn.
* And a bunch of execs at ACS and Quest Software, also because of backdating. Some lawyers, some not. Double yawn.
NY Biglaw Associates Making Partner [NYLawyer.com]
Another GC Axed Over Stock-Options [NYLawyer.com]
Backdating: More Resignations, More Legal Business [WSJ Law Blog]
Weil Gotshal Elects Twenty to Partnership and Appoints Five as Counsel [Weil Gotshal & Manges]
Weil’s Partnership Class Has More Women Than Men: News? [WSJ Law Blog]










Comments
Fun horrifying fact of the day: female lawyers working more than 45 hours a week are 5X as likely to feel high stress at work and 3X more likely to experience a MISCARRIAGE as are female lawyers who work fewer than 35 hours a week.
http://www.nytimes.com/specials/women/warchive/970611_970.html
http://www.ucdmc.ucdavis.edu/news/medicalnews/womenlawyers.html
Yeah, and male partners wonder why so many young women at their firms run screaming for the exits within a couple years of arriving. If the unrelenting latent sex harassment doesn't get you (no, it doesn't just happen in training videos from 1985), those pesky spontaneous abortions will. How great would it be if a pregnant associate dropped this little factoid during her next performance review when queried on her billables? Particularly to a male partner whose wife doesn't work.
Posted by: Anonymous | November 28, 2006 12:11 AM