Results tagged “lawfirm”

Law firm Cravath, Swaine & Moore has offered incoming associates $80,000 to defer their start date by a year—and not to work for a year. Plus, Cravath will pay up to $1,000/month in student loans and health insurance. Bloomberg News, which calls Cravath one of the country's most profitable law firms but notes its revenue is down 55% so far (vs. same period last year), adds, "Cravath, whose clients include Citigroup Inc., Time Warner Inc., Johnson & Johnson, and Bristol-Myers Squibb Co., is also requiring its current summer associates who are offered full-time jobs to accept $65,000 to defer their start date from October 2010 for a year." Above the Law notes how Harvard Law School immediately sent out a note to its rising third-year students, with suggestions on what to do (hello, judicial clerkship). Earlier this year, Skadden Arps offered associates $80,000 for a year of paid leave.

A lower Manhattan law firm is in hot water today after a Daily News reporter stumbled upon six dumpsters on the sidewalk behind their office piled with confidential documents. The files tossed out by Frenkel Lambert Weiss Weisman & Gordon mostly dated back to the 1990s and included addresses, medical records and Social Security numbers for clients. Passers-by were observed digging through the documents, and former clients of the law firm were appalled when the Daily News rang them up, using the personal information from the files. One 62-year-old woman who sued her landlord in 1997 was shocked to learn that her Social Security number, medical records and contact information were in the trash: "I don't let nobody have my Social Security number. Now I don't know who else has my papers. They should be held accountable. That's why they have shredders." A partner at the firm says the documents were discarded as they prepare to change offices, and blames the "licensed and bonded company" they hired to dispose of everything in a proper manner. Sounds like they went with the same company that tossed Citi Habitats clients' confidential documents out on the street in January.

The arrest of prominent Manhattan lawyer Marc Dreier in Canada last week appears to be just the tip of the iceberg: On Sunday night, Dreier was arrested by U.S. authorities at LaGuardia airport, accused of "a $100 million fraud scheme". The NY Times says the feds "portray[ed] his recent undertakings as more high-stakes grifting than high-end lawyering."

A well-known lawyer who founded a law firm to fight for women's issues has been sued by an office manager who claims he sexually harassed her. Lisa Brockington says that Jack Tuckner, of Tuckner, Sipser, Weinstock & Sipser (whose firm URL is womensrightsny.com), is a "chauvinist masquerading as a woman's advocate."