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May 3, 2010 |
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LAWYERS SEE
THE LIGHT
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| Our next New Washington event: Internet and sports mogul Ted Leonsis and SAIC CEO Walt Havenstein, May 11, Tysons Ritz Carlton. All attendees will receive a copy of Ted's new book, which he will hang around to sign. More info. |
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| Please don’t say DC lawyers look drab. Well, at least not at the Kentucky Derby. |
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| We snapped this in between raindrops on Saturday of a gaggle of lawyers at Churchill Downs evidently not billing time: Buchanan Ingersoll’s Lloyd Smith, C2 Group’s Hunter Bates, Sughrue Mion’s Ellen Smith, Hunter’s wife Jennifer, Gibson Dunn’s Dave Burns and wife Tina, Covington’s Matt O’Connor and wife Suzette (GC at Technest). The ladies narrowly avoided catastrophe on the way to the grandstand when a group of (ahem) well served and very muddy college gals offered them bear hugs. Lloyd tells us that having recently argued on behalf of Deere & Co. at the US Court of Appeals for the Federal Circuit, the green and yellow John Deere tractors working on the track looked as majestic as the horses. |
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| Seriously, the clouds parted for about 20 minutes practically as the procession started to the gates. Oh, and everyone bet on Super Saver (at least that’s what they said afterward). |
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| This is not a new 50-foot high statue in front of Williams & Connolly but in front of Hillerich & Bradsby, the firm that’s made Louisville Sluggers for the last 126 years. |
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Q:
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What are your thoughts on the financial reform legislation?
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Pravin Rao, Perkins Coie, Financial Services Litigation Partner. "Even if we agree financial reform is needed, does giving Wall Street cops more power, clamping down on debt, shifting responsibilities amongst regulators, and creating another agency to protect consumers become moot where ‘too big to fail’ mantra reigns supreme?"
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Brian Brooks, O’Melveny & Myers, Chair of Financial Services Practice. "The idea of a federal consumer protection agency that sets only minimum standards, leaving states free to impose their own stricter standards, would take us back to the pre-McCulloch v. Maryland era. And it is not ‘consumer protection’ to ban products that benefit many consumers and small businesses."
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Paul Aguggia, Kilpatrick Stockton, Chair of Financial Institutions Team. "What concerns me is the pressure legislation will place on the ‘innocent’—community banks that did not cause the problems we are facing today. Will the legislation deal effectively with the ‘guilty?’ I am not so sure."
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Dan Crowley, K&L Gates, head of Capital Markets Reform Group. “Congress is revisiting every financial services law passed since the National Bank Act of 1864, and will create winners and losers. Financial services companies that are not adequately represented will have the playing field defined largely by competitors who are.”
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Working with the world's leading law firms, consulting firms, and financial services companies, Hellerman Baretz Communications creates PR-fueled business development campaigns that turn professionals' expertise into new business opportunities. See our latest research about the effectiveness of different business development activities.
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| PULLING RANK |
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| The US News law school ratings just came out, and law dean Shelley Broderick tells us they ranked UDC second in the nation for diversity of enrollment, and top 10 in clinical practice. She says they apply medical school hands-on philosophy, requiring their 300 students to do two seven-credit clinics in their second and third years, getting experience representing tenants in court, writing wills for AIDS patients, or figuring out regulations for immigrants. Shelley’s been dean 12 years and at the school a total of 31; it started out as Antioch law school in ‘72, in ‘88 became DC School of Law, and in ’96 merged with UDC. And, for the record, this is not her normal attire even though she comes from a lobster fishing village in South Freeport, Maine, population 138. It had been administrative professionals day and she took her staff on a picnic to Hillwood. |
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| Down the hall, we found UDC president Allen Sessoms, who’s been on the job 20 months, previously president of Delaware State College and Queens College, NYC, and EVP at the University of Mass. At one time the former career foreign service officer was deputy chief of mission at the US embassy in Mexico (witness the pic of him with President Reagan over his shoulder). He’s a PhD in physics from Yale and has aspirations to transform the physical facility, faculty, admissions standards, and size of UDC, and even introduce D-1 sports. In 15 years he wants it to resemble a University of Virginia more than the current UDC. |
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| Send story ideas to legalstories@bisnow.com |
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