Thursday, November 05, 2009

 
I've been following the news this morning about the Ropes & Gray associate accused of insider trading as part of an investigation into the Galleon Group hedge fund.

Ropes & Gray released a statement, saying in part: "We are deeply disappointed about this situation, which suggests an extreme breach of this person's duty of trust to our clients and to the firm."

Well, no kidding. It's damn well a breach of the duty of trust to the firm. If an associate here found out some insider information we could use to make a killing, they better not be keeping it to themselves. They ought to tell a partner, tell the whole executive committee, give us all a chance to get in on it. If we can't trust our associates to bring us valuable opportunities to increase our own personal wealth, what do we really need them around for? I've spent years digging through client paperwork looking for information that I could use to make better investment decisions. And for an associate-- not even a partner-- for an associate to be running with this, without making the opportunity available to his superiors.... Well, it was a pretty easy decision to fire him. And it should serve as a warning to everyone else at the firm-- you find a good deal, you bring it up the chain of command and let us all have a piece.

Hey, it's not like I don't tell my associates when I go to mortgage foreclosure auctions and try to feast on the corpses of evicted homeowners. They're welcome to come along and join the fun.

As long as their work is done.

And they carry my briefcase. I hate carrying my own briefcase.

Comments:
"As long as their work is done..." What does that mean? Your associates can actually finish their work? Not so in my firm - associates NEVER finish their work - ever. Sure, we have box seats for all the major sport in town, country club memberships, and endless supplies of tickets to great shows...BUT associates never get to use any of these because their work is NEVER done...EVER. If I see an associate at any of these places, or even spending more than absolutely necessary in the bathroom, they are so fired.

You're softening up - aren't you the one who advocated catheters? Grow some balls, man.
 
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"As long as their work is done." - so it is okay if they do that in wrong way or by cheating others? Is that alright? How can you said something like that? There should be some evaluation too.

"And they carry my briefcase. I hate carrying my own briefcase." - Well, what you need is a potter or bellboy, not a partner.

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"As long as their work is done..." What does that mean? Your associates can actually finish their work? Not so in my firm - associates NEVER finish their work - ever. Sure, we have box seats for all the major sport in town, country club memberships, and endless supplies of tickets to great shows...BUT associates never get to use any of these because their work is NEVER done...EVER. If I see an associate at any of these places, or even spending more than absolutely necessary in the bathroom, they are so fired.

You're softening up - as a San Diego Attorney aren't you the one who advocated catheters? Grow some balls, man.
 
"As long as their work is done..." What does that mean? Your associates can actually finish their work? Not so in my firm - associates NEVER finish their work - ever. Sure, we have box seats for all the major sport in town, country club memberships, and endless supplies of tickets to great shows...BUT associates never get to use any of these because their work is NEVER done...EVER. If I see an associate at any of these places, or even spending more than absolutely necessary in the bathroom, they are so fired.

You're softening up - as a San Diego Attorney aren't you the one who advocated catheters? Grow some balls, man.
 
"As long as their work is done..." What does that mean? Your associates can actually finish their work? Not so in my firm - associates NEVER finish their work - ever. Sure, we have box seats for all the major sport in town, country club memberships, and endless supplies of tickets to great shows...BUT associates never get to use any of these because their work is NEVER done...EVER. If I see an associate at any of these places, or even spending more than absolutely necessary in the bathroom, they are so fired.

You're softening up - as a San Diego Attorney aren't you the one who advocated catheters? Grow some balls, man.
 
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Wow - feast on the corpse of evicted home owners. Pretty tough - wouldn't you say? - but that's what happens in a capitalistic system.

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Thanks..
 
This is one of those situations when yo9u will value the idea of keeping the right people in your company and choosing the right associates!
 
Immense Post! You have a great list of followers. I am a criminal lawyer at Chicago. I am pleased to be a part of your post.
Chicago Federal Criminal Lawyer
 
Good job with the post - lawyer salary
 
http://personalinjury-lawyer-chicago.com/
 
Great blog. http://personalinjurylaw-losangeles.com/
 
Wow, it's so good to hear from other practitioners of immigration law- very well spoken, gentlemen, thank you. If you'd like more, check out http://immigrationlaw-newyork.com
 
Super blog and nice writings

Thanks for all posts

Thanks in advance for coming posts...

Keep writing...............

By

Biz and Legis
Online Legal Service providers with Virtual Legal Service and Legal Process Outsourcing
 
Hi,
This blog is great very good my friend keep it going
Very good post, helped me a lot.
Thanks.
 
....................NICE.^_^v...............
 
So many law firms fail to have employee handbooks and contracts with their employees. It is amazing that as attorneys we don't think about these things but expect them from our clients. Even though we are a personal injury law firm, we tell our employees that it is a breach to discuss client business outside of the office. Plain and Simple!
 
"And they carry my briefcase. I hate carrying my own briefcase." I must be old fashioned or perhaps new fashioned. I'm more than capable of carrying my own ;)
 
I like this blog
verry Good Post
 
Nice blog and i must say you have good followers.
 
Great post. Just find another good associates that you can trust and can be a good partner of yours
 
I like this post and a Franchise Lawyer is also plays an important role in helping the business.
 
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Where did you go ? You no longer post. I liked your stuff thought it was funny.
 
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