Morning Docket: 11.09.07
* Mukasey confirmed as U.S. Attorney General [CNN; Washington Post]
* Merck settles thousands of Vioxx suits for $4.85 billion. [New York Times]
* Bernard Kerik indicted on fraud charges. [AP; New York Times]
And some items of interest from the ABA Journal this morning:
* "Associate loyalty" reaches a low. [ABA Journal]
* Law firm to open a branch in second life. [ABA Journal]
Comments
OMG! OMG! FIRST!
Posted by: Anonymous | November 9, 2007 09:11 AM
do you just make up links?
Posted by: Not the Mama | November 9, 2007 09:20 AM
$2 billion in fees for the plaintiff firms. I wonder what the profits per partner will look like for them. I think it safe to say what the associate bonuses will look like....$50 gift card.
Posted by: PI Attorney PPP to $100 million! | November 9, 2007 09:31 AM
The ABA server is offline?
Posted by: Anonymous | November 9, 2007 09:39 AM
Like the Law Offices of Billy Merck have $ 4.85 billion.
Posted by: Anonymous | November 9, 2007 09:42 AM
Wait a minute. Who the fuck is B. Clerker? Lat, what do they pay YOU to do over there you fuck?
Posted by: B. Clerker is Billy Merck's Stage name | November 9, 2007 09:58 AM
Re: the article about associate loyalty. The article states that loyalty is at an all-time low, as evidenced by the fact that most associates in the US and UK don't expect to be at their firms in 5 years. That fact, however, doesn't mean they aren't loyal. It is more likely evidence that (1) associates see the writing on the wall regarding their partnership prospects, and/or (2) they don't want to continue to work such long hours.
I am at a great firm (a top firm that's pure lockstep and matches compensation without fail), and am very loyal to it, but I don't expect to be there in 5 years. The two alternative reasons for that expectation I mentioned above are in fact my own reasons.
Posted by: Loyal Associate | November 9, 2007 10:02 AM
I expect to be at my firm and make partner because I will continue to crush any fellow associate who shows the slightest sign of weekness!
Posted by: Terminator | November 9, 2007 10:10 AM
9:58, you aren't very observant. B. Clerker has been doing Morning Docket (morning collection of news links) for months now...
Posted by: Anonymous | November 9, 2007 10:11 AM
RE: Merck settlement ... how about Visa's massive ($2+ billion) settlement with Amex earlier this week. Where's the antitrust love?
Posted by: Anon | November 9, 2007 10:31 AM
Billy Merck to Debtor's Prison!
Posted by: Anonymous | November 9, 2007 10:34 AM
Lat no one cares (all that much) about gov't bonuses. As you can see in the comments they want to know average hours at various offices. Do a post collecting that information. Which agencies are 9 to 5 and which are biglaw hours.
Posted by: gov't atty hours | November 9, 2007 10:55 AM