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Bancroft joins K&E

Posted: Mon Sep 12, 2016 1:31 pm
by Jchance
https://www.kirkland.com/sitecontent.cf ... emId=12393

your chance to work with Paul Clement.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 2:24 pm
by Nebby
Damn, that's a pretty big acquisition of talent

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 3:18 pm
by AT9
Wow. Kirkland added some heavy hitters.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 3:26 pm
by RaceJudicata
Wow, massive move.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 3:27 pm
by Dr. Nefario
If only they had timed it a couple weeks earlier for 'crootin.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 3:29 pm
by Anonymous User
Wow. Turned down KE DC, may have affected my decision.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 3:37 pm
by Anonymous User
Anonymous User wrote:Wow. Turned down KE DC, may have affected my decision.
Yeah... actually beating myself over this because I chose a perceived "lifestyle" firm in a secondary market over K&E.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 3:58 pm
by rpupkin
Anonymous User wrote:
Anonymous User wrote:Wow. Turned down KE DC, may have affected my decision.
Yeah... actually beating myself over this because I chose a perceived "lifestyle" firm in a secondary market over K&E.
LOL. As if you were going to work in that group anyway. If you want to work with Clement & Co., go get a DC Circuit/SCOTUS clerkship and then apply there post-clerkship.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 4:17 pm
by Nebby
rpupkin wrote:
Anonymous User wrote:
Anonymous User wrote:Wow. Turned down KE DC, may have affected my decision.
Yeah... actually beating myself over this because I chose a perceived "lifestyle" firm in a secondary market over K&E.
LOL. As if you were going to work in that group anyway.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 4:20 pm
by lawlorbust
Nebby wrote:
rpupkin wrote:
Anonymous User wrote:
Anonymous User wrote:Wow. Turned down KE DC, may have affected my decision.
Yeah... actually beating myself over this because I chose a perceived "lifestyle" firm in a secondary market over K&E.
LOL. As if you were going to work in that group anyway.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 4:23 pm
by Blackfish
.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 4:25 pm
by rpupkin
Blackfish wrote:but... what about the free market system at k&e? wouldn't the system allow ppl to work with clement and co.?
:D

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 4:55 pm
by umichman
rpupkin wrote:
Blackfish wrote:but... what about the free market system at k&e? wouldn't the system allow ppl to work with clement and co.?
:D
THe partners also get to pick who they work with. So clement can still just work with the people he wants to i.e. not people he woudlnt have hired at Bancroft.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 5:00 pm
by FSK
For those who enjoy luxuriating in the penumubra of prestige, K&E is now a much better firm. You're basically a personal injury mill if you don't have a former SG.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 5:02 pm
by rpupkin
umichman wrote:
rpupkin wrote:
Blackfish wrote:but... what about the free market system at k&e? wouldn't the system allow ppl to work with clement and co.?
:D
THe partners also get to pick who they work with. So clement can still just work with the people he wants to i.e. not people he woudlnt have hired at Bancroft.
I assumed Blackfish was joking. But in case not, umichman is correct, of course.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 5:34 pm
by buckiguy_sucks
FSK wrote:For those who enjoy luxuriating in the penumubra of prestige, K&E is now a much better firm. You're basically a personal injury mill if you don't have a former SG.
what if all you have is a former ACTING solicitor general

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 5:41 pm
by rahulg91
buckiguy_sucks wrote:
FSK wrote:For those who enjoy luxuriating in the penumubra of prestige, K&E is now a much better firm. You're basically a personal injury mill if you don't have a former SG.
what if all you have is a former ACTING solicitor general
TTT

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 6:33 pm
by dixiecupdrinking
Didn't Clement quite intentionally leave a big firm to go to a boutique? Not to mention he could have gone by himself to any number of big firms at any time. Wonder what Kirkland did to make this attractive.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 6:34 pm
by RaceJudicata
dixiecupdrinking wrote:Didn't Clement quite intentionally leave a big firm to go to a boutique? Not to mention he could have gone by himself to any number of big firms at any time. Wonder what Kirkland did to make this attractive.
"what" is likely money. The question is how much.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 6:36 pm
by rpupkin
dixiecupdrinking wrote:Didn't Clement quite intentionally leave a big firm to go to a boutique? Not to mention he could have gone by himself to any number of big firms at any time. Wonder what Kirkland did to make this attractive.
My guess is that it's a combination of (a) money and (b) Kirkland's political lean (which is to the right of most big law firms)

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 6:38 pm
by MCFC
dixiecupdrinking wrote:Didn't Clement quite intentionally leave a big firm to go to a boutique? Not to mention he could have gone by himself to any number of big firms at any time. Wonder what Kirkland did to make this attractive.
I only casually follow these things but wasn't the SSM fight involved in his decision to leave?

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 6:39 pm
by dixiecupdrinking
RaceJudicata wrote:
dixiecupdrinking wrote:Didn't Clement quite intentionally leave a big firm to go to a boutique? Not to mention he could have gone by himself to any number of big firms at any time. Wonder what Kirkland did to make this attractive.
"what" is likely money. The question is how much.
Well, yes. I don't think Clement is doing this out of charity. But there are lots of firms with money.

Given how he left King & Spalding, I'd be curious to know if Kirkland had to give assurances the firm will give him full independence to choose his cases, etc.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 6:41 pm
by dixiecupdrinking
MCFC wrote:
dixiecupdrinking wrote:Didn't Clement quite intentionally leave a big firm to go to a boutique? Not to mention he could have gone by himself to any number of big firms at any time. Wonder what Kirkland did to make this attractive.
I only casually follow these things but wasn't the SSM fight involved in his decision to leave?
Yup, my recollection is basically that he took the case for the House GOP, then King & Spalding wanted to drop it after getting a sense of the PR consequences, and Clement made his dissatisfaction very public. His point about not dropping a client you already have due to the way the political winds are blowing is well taken, but I bet a lot of firms are not that interested in adding a litany of appeals about Republican pet causes to their marketing materials.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 6:45 pm
by jbagelboy
Damn.

I think this tees Kirkland up right with Gibson/Wilmer/W&C/ect. in DC as a far as appellate firepower is concerned.

Re: Bancroft joins K&E

Posted: Mon Sep 12, 2016 7:11 pm
by umichman
dixiecupdrinking wrote:
MCFC wrote:
dixiecupdrinking wrote:Didn't Clement quite intentionally leave a big firm to go to a boutique? Not to mention he could have gone by himself to any number of big firms at any time. Wonder what Kirkland did to make this attractive.
I only casually follow these things but wasn't the SSM fight involved in his decision to leave?
Yup, my recollection is basically that he took the case for the House GOP, then King & Spalding wanted to drop it after getting a sense of the PR consequences, and Clement made his dissatisfaction very public. His point about not dropping a client you already have due to the way the political winds are blowing is well taken, but I bet a lot of firms are not that interested in adding a litany of appeals about Republican pet causes to their marketing materials.
Since kirkland offered "lower" profile but still huge partners 8-9m, my guess is they offered him north of 10 guaranteed. http://abovethelaw.com/2014/12/who-is-b ... llion-man/