So how much did Aaron Charney get in his settlement from Sullivan & Cromwell? There has been lots of speculation, but little evidence.

Here's one fact suggesting that he did pretty well: Aaron Charney just bought a $1.5 million Manhattan condo. As reported by Max Abelson in the New York Observer:

A deed filed in city records suggests that the Sullivan settlement wasn’t minor: Mr. Charney and a partner just paid $1.495 million for a penthouse at the newly converted condo at 93rd Street and Broadway.

According to the floor plan, they’ll have two bedrooms, a 17-foot-long living/dining room and an L-shaped terrace that stretches 50 feet on each wing....

The 987-square-foot terrace, nearly as big as the interior space, is edged by high walls, which means there’s privacy instead of views. “I would consider it extremely private, with an opportunity to take your inside living outdoors,” the broker said.

Sounds fabulous -- although quite different from his former home. Charney's new abode is in a prewar building (pictured), as opposed to the ultra-modern Orion, where he used to live. And it's in a more staid neighborhood: the Upper West Side, as opposed to the hip and gentrifying Hell's Kitchen.

But at $1.5 million, Charney's new home is 50 percent more expensive than his old one, which he sold last year for a little under a million ($150K more than what he paid). So Charney is definitely movin' on up.

More discussion, including speculation about Aaron Charney's finances and romances, after the jump.

Update: Since this post was originally published, we've appended multiple updates, which appear after the jump.

The time has come, and the crowning of ATL's Lawyer of the Year and Second Favorite Blog After ATL, both of which are sponsored by ATL and Lateral Link, is at last upon us.

In all, a whopping 4,186 votes were cast, with 2,683 of you voting for Lawyer of the Year and 1,503 weighing in on which blog you like second-most after this one. Find out how it all turned out after the jump.

In last week's ATL / Lateral Link survey, we asked you to submit your nominations for Lawyer of the Year. Today, you get to vote!

The nominees, and select comments explaining why, are below:

Aaron Charney

For both the attention focused, success of action, and for the visibility [he] brought to the secondary issue of partner/associate relations (but not those kinds of relations).

Alberto Gonzales

Exemplifies why lawyers are so mistrusted in this country.

Barack Obama

The man had the credentials to do Biglaw. He chose public service instead. Although he is obviously politically ambitious, he at least appears to be in it for the people. He's almost as hot as Judicial Hottie Jeffrey Sutton. I mean, did you see the Obama Girl videos? We've all got a crush on Obama. And he just might be president next year.

Hillary Clinton

She's fabulous.

Loyola 2L

He's generated the most thoughtful discussion of law school. That, and perhaps the publicity will help him get a job.

Ray Beckerman

For his tireless defense and continuous commentary in countless RIAA cases.

Whoever helps Chipmunk lady.

Because.

We know that last one should really be a 2008 Lawyer of the Year, not a 2007 Lawyer of the Year, but we just don't care. You demanded the nomination right now.

So who should win? Cast your vote below.

In our column for this week's New York Observer, we help you plan an imaginary dinner party. A dinner party, of course, is only as good as the guest list. So we review which colorful characters of the legal world, who made headlines in 2007, should be invited to your festivities.

Think of it as a "year in review" piece, aimed primarily at people who don't read ATL (since most of the names mentioned in the article will be familiar to regular visitors to this site). The potential guests under consideration: Charlene Morisseau, the sassy ex-associate who sued DLA Piper; Aaron Charney, who made S&C "bend over"; and internet celebrity Loyola 2L.

ATL bonus content: Due to space considerations, our write-up of Elana Glatt (née Elana Elbogen) wound up on the cutting room floor. But if you'd like to read it, we've reprinted it after the jump.

Culture of Complaint Spreads Through Law Firms [New York Observer]

If Aaron Charney v. Sullivan & Cromwell ever gets turned into a movie, there will be a little epilogue at the end, to inform viewers of the fates of the dramatis personae. Here is our version of it.

Aaron Charney is believed to be happy, spending time with friends, and presumably enjoying those settlement proceeds. No word yet on his future employer (assuming he returns to the work force). Meanwhile, his erstwhile nemesis, partner Eric Krautheimer, passed the California bar and moved out to Los Angeles. He still works for S&C, but now gets to lead more of his own deals.

And what about Gera Grinberg, the former S&C associate who would have been a key witness in the case, who was joined at the hip -- professionally, but not personally -- with Aaron Charney? We've learned two pieces of good news about him:

First, he has landed himself a new job. We understand that he is now the general counsel to a small real estate development company.

Second, on the personal front, here's some news that will put to rest any and all the rumors that he might be gay. Gera Grinberg is engaged (to a woman). His fiancee is a former associate at Kirkland & Ellis in New York, now working in-house for a large hotel company.

Congratulations and best wishes to Gera Grinberg and the future Mrs. Grinberg!

P.S. We still don't know whether he has resolved any of his outstanding issues with S&C. But considering how well Grinberg's life is going right now, both professionally and personally, maybe he should just let bygones be bygones?

Before Thanksgiving, we put up an open thread devoted to discussion of the California bar exam. We're surprised that nobody mentioned this interesting tidbit of news (which we learned about from a tipster via email):

High-powered Sullivan & Cromwell partner Eric Krautheimer, the alleged tormentor of gay associate Aaron Charney, took and passed the July 2007 California bar exam.

Congratulations, Mr. Krautheimer!

Back in April, at the height of the Aaron Charney controversy, it was rumored that Krautheimer was going to be transferred to S&C's Los Angeles office. Some speculated that it was to remove him from the New York office, where Brokeback Lawfirm all went down. But if Krautheimer's move to the West Coast is still going forward, despite the settlement of the Charney lawsuit, we're guessing Krautheimer has his own personal reasons for wanting to move to L.A.

On our earlier post about the move rumors, a commenter called S&C LA wrote: "No truth to this at all. Sorry, this rumor is just that and nothing more." Presumably this commenter thinks that Eric Krautheimer -- a leading M&A lawyer, and a partner making millions of dollars a year, at one of the nation's top corporate law firms -- took California's three-day bar exam just for fun.

It must have been strange for a veteran lawyer, almost 15 years out of law school, to be taking the bar next to newly minted law school graduates -- including 18-year-old Kathleen Holtz. But then again, former Stanford Law School dean Kathleen Sullivan did it -- twice.

On the S&C website, Eric Krautheimer is still listed as based in New York. But expect to see him in L.A. sometime soon, now that he's a member of the California bar.

P.S. On the S&C website, the link to Eric Krautheimer's bio was moved from here to here. Was the firm trying to render all of ATL's links to his bio obsolete? If so, nice try -- but nothing that a site-wide "Find and Replace" can't fix.

July 2007 California Bar Examination Pass List [State Bar of California]

Earlier: Brokeback Lawfirm: Is Eric Krautheimer Headed for Hollywood?

So just how large was the settlement in Charney v. Sullivan & Cromwell? Professor Scott Moss argued it was probably modest, while Professor Art Leonard believed it to be more substantial.

Here's some evidence in favor of a larger settlement:

On Saturday at around 5 p.m., I spotted Aaron Charney in a cafe, in the bucolic town of Cold Spring, New York. I would have gone up and talked to him, but I realized who he was too late.

He was dressed in preppy fall wear, very J. Crew, with a wool hat. He was with two friends, and he was joking with them. He looked happy.

Well, how happy? Was it a $500,000 kind of happy, or a $2 million kind of happy?

Earlier: Just How Far Did S&C 'Bend Over' for Aaron Charney?

The settlement of the litigation between Aaron Charney and Sullivan & Cromwell is not even two weeks old, but we miss the case already. So that's why we decided to write about the case for our column in this week's New York Observer:

So exactly how much did it cost Sullivan & Cromwell to make Aaron Charney go away? That’s the parlor game New York lawyers have been playing since late last month, when a settlement was reached between the white-shoe law firm and its former associate, who had sued S&C for sexual-orientation discrimination. Most memorably, Charney said that a partner dropped a document on the floor and told him to “bend over and pick it up—I’m sure you like that.”

Although it was a P.R. nightmare for S&C—where’s Michael Clayton when you need him?—Charney v. Sullivan & Cromwell offered countless hours of entertainment and schadenfreude for the Big Law chattering class. The lawsuit was first filed in January, so it took nine months to deliver this baby.

From S&C's perspective, Rosemary's. You can read the rest of the column over here. (For the irony-impaired among you, please note that our "calculations," with their mock precision, are not to be taken seriously.)

One more observation about the case, after the jump.

Earlier this month, it was reported that Heath Ledger is in talks to appear in a sequel to Brokeback Mountain. From Defamer:

Who could ever forget the final scene of Ang Lee's tragic Brokeback Mountain, in which Heath Ledger's Ennis Del Mar clutches a shirt belonging to the gay-sheepboy love of his life, as if touching him for the very last time? As shattering as that moment was, however, something called for a coda -- perhaps just a brief shot of a smiling Ennis, finally at peace, serving daiquiris to vacationing tourists at the Key West bed n' breakfast he opened after Jack Twist's death.

We may not have to rely on our imaginations for that kind of closure, however, as OK! Magazine reports that a Brokeback sequel is on the way.

Is life imitating art? Aaron Charney and Sullivan & Cromwell have just settled the litigation between them. But a sequel to Brokeback Lawfirm may be in the works.

Remember Gera Grinberg -- the former S&C associate who worked closely with Aaron Charney, was rumored (incorrectly) to be Charney's gay lover, and left the firm under mysterious circumstances? A reliable source -- we use the source "reliable" intentionally, since all ATL sources should be presumed unreliable, unless otherwise indicated -- tells us a lawsuit by Grinberg against S&C is a distinct possibility.

This source informs us that Gera Grinberg has filed "numerous complaints with S&C," which have not yet been resolved. The former M&A associate hasn't heard back from them regarding the results of any investigation that they may -- or may not -- have undertaken. In terms of pursuing further action against the firm, Grinberg has ruled nothing out.

Very interesting. Stay tuned.

Finally, in happier news for S&C, the firm just announced the election of its new partners. The timing, in the same week as settlement of the Charney litigation, is fitting. The firm is turning a new page in its history.

Check out the memo, and see if you know any of these future (or maybe current) millionaires, after the jump.

The celebrated case of Charney v. Sullivan & Cromwell was fun while it lasted. As we mentioned last night, the fun is over: the parties have reached a settlement.

But the case was good to us -- and we intend to give it a proper sendoff, with several post-mortem posts. If you have any info or gossip about the case that you'd be willing to share, please email us.

This post is the obligatory linkwrap. We've collected and read various reactions to the settlement news, so you don't have to.

Links and excerpts, after the jump.

Yes, the Brokeback Lawfirm litigation has come to an end. No, this is not an April Fools' joke.

Sullivan & Cromwell and Aaron Charney ride off into the sunset, with Charney a little sore in the saddle -- from all the money he's sitting on. No more "bending over" for this cowboy.

The scoop, from Anthony Lin, appears in the New York Law Journal:

Sullivan & Cromwell said Thursday it had reached a settlement with former associate Aaron Charney, who sued the New York law firm earlier this year for sexual orientation discrimination.

"Aaron Charney and Sullivan & Cromwell have resolved their differences in connection with all pending disputes between them," the firm said through a spokesman.

Charney's lawyer, Daniel Alterman of Alterman & Boop, did not return a call for comment.

The settlement, the terms of which are confidential, brings to a close a dispute that had fascinated the New York legal community over the past several months, both with its allegations concerning partners at one of the city's most prestigious firms and its bizarre twists and turns in the courtroom.

The rest of the piece recites the facts of the case and its procedural history, which will be familiar to ATL readers. But it's a clear and cogent summary, and you can read the rest of it here.

We'll have more to say in the morning. In the meantime, have at it in the comments.

Aaron Charney, wherever you are: Good night, and good luck. And if you need any help spending those settlement proceeds -- call us.

P.S. Anthony Lin's article was linked to by Howard Bashman at 10:58 PM, but we're not exactly sure when the news broke. (We just got home from the Georgetown Law EJF auction, which was great fun.)

Sullivan Settles With Former Associate Who Sued Firm for Discrimination [New York Law Journal]

After a quiet period, in which we were reduced to wishing Gera Grinberg a happy birthday, there's some actual news about Charney v. Sullivan & Cromwell. From Keeping Up With Jonas:

Judge Fried issued his decision in response to S&C's partial motion to dismiss. Though both sides landed blows, it seems that S&C can claim itself the victor of this battle. The Court dismissed Charney's Intentional Infliction of Emotional Distress ("IIED") and Conspiracy causes of action, albeit without prejudice. However, at least as it stands now, it appears that Charney may have difficulty reviving these claims. But it was not a complete victory for S&C. The Court declined to strike most of the paragraphs from the Complaint that S&C had requested.

More from Jonas here, and Justice Bernard Fried's order here (PDF). Jonas titled his post "The Empire Strikes Back." But why did he use a photo of Sharon Nelles instead of H. Rodgin Cohen (who is closer in age and appearance to Emperor Palpatine)?

Professor Arthur Leonard offers the detailed, thorough analysis that we've come to expect from him. Here's an excerpt:

So, what does all this mean? I'm not entirely sure....

I had thought that these additional claims were separate and distinct from the NYC HRL [Human Rights Law] claims, as relating to the activities of S&C and Gallion in reaction to the lawsuit rather than to S&C's treatment of Charney as an employee. That is, the HRL claims related to what happened before Charney filed his original lawsuit. The intentional infliction of emotional distress claim was addressed to the tactics that S&C then used after the lawsuit was filed to try to pressure Charney to back down, and the conspiracy claim was specifically aimed at the enlistment of attorney Gallion to add to the pressure and sidetrack Grinberg from allying himself with Charney

Does Fried's action in dismissing these additional legal claims but refusing to strike almost all the factual allegation paragraphs of the complaint that specifically relate to them mean that he believes the events that came after the first complaint are now part of the overall case under the city Human Rights Law? If so, then Charney has lost nothing by this dismissal order, and the judge has at least implicitly ratified the idea that S&C's response to his complaint becomes part of the retaliation case, at the very least.

Professor Leonard's full post appears here. We agree with his assessment that "this continues to be a complicated case." When are we going to get more sexy and salacious allegations?

Charney v. Sullivan & Cromwell [New York Supreme Court (PDF)]
Court rejects bid to expand Charney case [Leonard Link (Art Leonard)]
Charney Sullivan & Cromwell Decision: The Empire Strikes Back [Keeping Up With Jonas]

We've been having a lot of fun with Non-Top-Tier Law School Week here at ATL. So we're extending it, to include all of next week. As we mentioned before, if you have a story idea that fits under this theme, please email us.

As part of this special celebration, each day we're going to highlight a successful non-top-tier law school graduate, and honor this person as our Non-Top-Tier Law School Graduate of the Day.

Here is today's winner:

Name: Eric M. Krautheimer

Law School: Western New England College School of Law, 1993

Current Position: Partner, Mergers & Acquisitions, Sullivan & Cromwell

Why He's Our Winner: Eric Krautheimer is a partner at S&C, one of the world's most prestigious and profitable law firms. In 2006, profits per partner at S&C clocked in at $2.82 million. Innumerable Harvard-Yale-Stanford grads would KILL to be in his shoes.

The best part of his job: (allegedly) ordering a prissy little Columbia boy to "bend over" and take it (where "it" = a corporate document).

Talk about living the non-top-tier dream!

Yesterday we broke the news of Sullivan & Cromwell's new bonus program for its most senior associates. To read the memo from firm chairman H. Rodgin Cohen, click here.

Now we have more details, thanks to the WSJ Law Blog (which has a nice shout-out to us) and the New York Law Journal.

Some ballpark numbers, from the NYLJ:

A Sullivan & Cromwell partner who asked to remain unnamed said Wednesday that the supplemental bonuses would probably range from around $15,000 for fifth-years to around $30,000 for eighth-years.

With the supplemental bonus, the most senior associates at Sullivan & Cromwell can expect to earn total compensation of around $400,000, based on the current top base salary of $310,000 and last year's $60,000 year-end bonus.

The WSJ Law Blog scored an interview with Rodge Cohen, who explained: “Retention is clearly an objective… 95% of the associates we lose we’re sorry to see go."

Five percent = Aaron Charney + Gera Grinberg.

But will a little extra cash make a big difference in retention? Law firm consultant Peter Zeughauser has his doubts.

The WSJ also asked Rodgin Cohen about a subject near and dear to all of your hearts: possible increases in base salaries. Cohen said that the subject won't be discussed for another month or so.

More discussion, plus a reader poll, after the jump.

In response to yesterday's quick post on the Charney v. Sullivan & Cromwell litigation, a tipster sent us this:

I don't have any information on the case, but thought you might be interested in this minor tidbit on Sullivan & Cromwell.

The Lavendar Law conference (the annual GLBT CLE fest) was in Chicago last weekend. S&C did not send anyone for the conference itself, as far as I know, but they flew in several associates just for the closing ceremonies.

They also offered the nicest swag of any firm: gift sets of Kiehl's products. Seems they are trying to repair some damage with the gay community, even if it's only through cosmetics.

"Only" through cosmetics? Kiehl's products are no ordinary cosmetics. S&C is shrewd: they know the way to our hearts is through our pores.

Sure, that Aaron Charney might seem cute and well-meaning. But who wouldn't kick him to the curb for a lifetime supply of Facial Fuel?

Correction: According to various commenters, Sullivan & Cromwell personnel were present for the job fair as well. "S&C was front-and-center at Lav Law. A friend of mine called me from the fair to tell me how pallid and haggard they looked."

Kiehl's [official website]

Are you wondering what's going on in the case of Aaron Charney v. Sullivan & Cromwell? You're not alone.

We went to check the case's status on the electronic docket, but couldn't find the case by party name or by index number (Charney v. Sullivan & Cromwell LLP: 100625/2007; Sullivan & Cromwell LLP v. Charney: 600333/2007). This caused us to wonder: Has the litigation been settled?

Apparently not. Sources close to the case tell us that it hasn't been settled and that there was a court hearing not too long ago. We don't have more details, but if we get them, we'll pass them along.

So what can we tell you?

1. S&C Man of Mystery Gera Grinberg -- perhaps the critical witness in this case, who left the firm under mysterious circumstances -- had his birthday last month. A reader pointed us to his attorney registration information on the New York courts website.

This tipster also noted that Grinberg's attorney registration status was recently updated, but does not list an employer. This suggests he has not yet found new employment since leaving 125 Broad Street. Does anyone know where he might be?

2. Could the Charney case be affecting S&C's recruiting this year? Possibly. We reprint an interesting tip, suggesting that it's affecting the firm's reputation, after the jump.

Do you have any inside info on the latest developments in the Charney case? If so, please drop us a line. Thanks.

Sadly, we'll probably never learn whether former Clifford Chance partner Michael Bryceland was asked to "bend over" (a la Aaron Charney). Unlike Sullivan & Cromwell, CC settled the case quietly, for an undisclosed amount.

Of course, if you have any details, please feel free to send them to us by email (subject line: "Clifford Chance"). Thanks.

Revealed: CC pays out in sexual orientation claim [TheLawyer.com]

After we wrote about Aaron Charney flipping his condo for a tidy profit, a reader emailed us:

Do some research on Noble Black, Charney's agent at Corcoran. I remember reading an article several years ago where he left a New York Biglaw firm to go into residential real estate because the money just wasn't good enough.

I wonder what the connection was to Charney that Charney hired him. Maybe Noble and Aaron dated?

Reader, please keep your fantasies in check. Noble Black may be ridiculously good-looking, and he and Aaron would make a cute couple -- but we have no idea about Noble's sexual orientation. Just because he enjoys "gallery openings," as noted in his Corcoran bio, doesn't make him gay.

But this reader was correct about the article. We unearthed the February 2005 New York Times piece, entitled Six Figures? Not Enough! Those of you feeling poor on $160,000 a year may be able to identify with the plight of Noble Black, as well as the others quoted in the article.

More after the jump.

No, not the Sullivan & Cromwell headquarters at 125 Broad Street. That happened months ago, not long after the young corporate lawyer sued his uber-prestigious employer, claiming anti-gay discrimination and retaliation by S&C.

We're referring instead to Aaron Charney's former home, a luxury apartment on the 53rd floor of the Orion -- a new, high-rise condominium on the West Side of Manhattan. We previously profiled Aaron Charney's apartment (above right) back in this post, wherein we wrote:

City records show that in late November, Charney closed on an $820,000 condominium in the fancy new Orion building, on the west side of Manhattan....

Charney financed this purchase with a $656,000 mortgage -- 80 percent financing. Perfectly respectable; not overly leveraged. This means he put down about $164,000 for the purchase.

(Food for thought: Did S&C help him out with his down payment?)

Well, now Aaron Charney has gotten back all that money -- and then some. NYC records disclose that he sold his apartment last month for $972,500 (and paid off his mortgage).

So Charney flipped a property he owned briefly, just over six months, for $152,500 more than he paid for it. If you've been wondering how Aaron Charney is supporting himself these days, there's your answer (or at least part of it).

Nice work, Aaron! Even after closing costs -- we doubt he paid the full 6 percent commission (who does these days) -- he probably made a tidy profit. If Aaron Charney decides not to return to law, maybe he has a promising career in real estate.

Update / Correction: As discussed in the comments, "[h]e'll have to pay both the NY 'flip tax' and federal capital gains tax because he held it for such a short period." So maybe he's not making as much of a killing as we originally thought.

Further Update: Detailed tax analysis here.

More details about Aaron's pad, including text and images from the real estate listing, after the jump.

From a reader who uses MySpace (no, not a 14-year-old girl in Manassas):

Totally random, and not necessarily newsworthy, but the attached MySpace profile appeared randomly on my "cool new people" list when I logged in.

Strange, huh?

(Random spam like this, in the form of fake profiles -- usually of attractive women from ex-Soviet republics, but apparently now of people who follow Charney v. S&C -- is one of the many reasons we prefer Facebook.)

facebook is better than myspace group [Facebook]