Below are our top posts for August. As usual, we don’t include our regular features like This Week in Layoffs and The Month in Layoffs in the Top 10 posts for the month. A number of posts from the Laid Off Diary would also make the ranking, but we exclude that too. Go to its dedicated page to catch up on the whole series.
10 – Did Wachtell Really Get UBS a Good Deal? – Revisiting the much-touted UBS settlement. The key component was supposed to be that the bank kept its clients out of the spotlight (surely it wasn’t the $780 million payment), but when that went up in smoke, was the deal really anything to brag about?
The rest of the best, after the jump.
9 – Why is Skadden Scared of Law Schools? – Skadden’s pandering to NALP doesn’t make any sense.
8 – There Are Cliques in BigLaw, Too – Wachtell and a bunch of limited-liability wimps (Cravath, DPW, Latham, Simpson, Skadden, and S&C) joined together to file a comment letter on proposed SEC shareholder-access rules.
7 – DLA Piper Says It’s Too Big to Fail – The UK megafirm was really saying that it could afford to lose partners from time to time, but Frank Birch came across really poorly in his comments about partners’ departures for smaller firms.
6 – Clients Keep Lawyers up All Night – A Paul Hastings bank-finance team didn’t do a good job of keeping their syndicate in line.
5 – Merck Drops Cravath for Williams & Connolly – Some days even a blind dog finds a bone, and some days Cravath gets dropped for another firm.
4 – Diving into the “End of BigLaw” Debate – We added a bit of fuel to the fire between Adam Smith, Esq. and Jason Mendelson, who both made strong arguments (buttressed by some ad hominem opinions) about Douglas McCollam’s WSJ Op-Ed piece. We later heard directly from McCollam, and let him clear up a few points for himself.
3 – Layoffs in the Vault 25. The first in the four-part series breaking down layoffs in the newly released Vault prestige rankings. The posts on V26-50 (the bloodbath), V51-75, and V76-100 also did well. But the second-most-popular post in the series was actually the recap of the entire Vault 100, which includes the most charts and comparative analysis.
2 – Handicapping the Next Layoff. A throwaway line in a Washington Post article about a layoff consultant led to a lot of speculation about which firm was calling for advice on an upcoming layoff. We did a little deductive reasoning from the hints and the layoff tracker to come up with a list of likely candidates.
1 – Revisiting the Candidates for Impending Layoffs. We went back to the well to re-consider the initial filtering criteria we had used. Almost twice as many people read this post as #2 – probably because of the Venn diagram.
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