Friday, July 31, 2020

"Top-ranked" restructuring partner gets recruited to O'Melveny; leaves two months later

       On June 1, O'Melveny announced their recruitment of Adam Rogoff, and legal periodicals also covered the move. (Links one, two and three.) O'Melveny's Chair Brad Butwin said he was "delighted" by Mr. Rogoff's arrival. When asked why he left his old firm, Mr. Rogoff praised O'Melveny and listed its advantages. . . . Two months later, Mr. Rogoff has returned to his prior firm of Kramer Levin. Nothing unethical about this on its face, but I include it because I've never heard of such a thing in professional services.

Saturday, July 25, 2020

Attorney reprimanded after allegedly threatening scientists

       Before I get into the details of the story, please let me provide some background on Michael Walsh, because I worked with him at O’Melveny. He was one of the people who wrote my final review there. My impression was that he was another of the firm’s over-promoted associates: associates who had used political connections to get promoted to partner, and who were now making millions of dollars per year even though they didn’t really have much work or clients of their own. Of course, O’Melveny’s other money-grubbing partners are not keen on paying someone who isn’t pulling their weight -- and so I wasn't surprised to see him leave for government in 2018 after only five years as partner. I assume he’s trying to use the O’Melveny strategy of “monetizing” government positions to build a large private sector income stream for himself. Anyway, onto the story.