Thursday, March 29, 2007

Dust in the Wind

My condolences to anyone who was supposed to summer here. The firm will be ceasing the practice of law within the month, among other things.

My takeaway from this: watch those satellite offices. J & G Dallas did little to nothing wrong - but J & G Chicago destroyed the entire firm. Says J & G:

The firm’s tax shelter practice was spearheaded by tax practitioners in J&G’s Chicago office who are no longer with the firm. Those responsible for overseeing the Chicago tax practice placed unwarranted trust in the judgment and integrity of the attorneys principally responsible for that practice, and failed to exercise effective oversight and control over the firm’s tax shelter practice. . . . We deeply regret our involvement in this tax practice, and the serious harm it caused to the United States Treasury.
And with that mea culpa, a national law firm is no more.

Labels: ,

5 Comments:

Anonymous je ne sais rien said...

i hope
o i hope
that no boaltie
is affiliated with this self=imploding group of loosely affiliated people.
but i know they might be
and then i wonder why i care
for my fellow boalties
who may as well be strangers in a starbucks line
perhaps the guests in the dining room are gone
perhaps they will stay and drink my dry sherry.
perhaps.

3/29/2007 11:50 PM  
Anonymous Anonymous said...

I spent half my summer there and know a Boaltie who started in their Dallas office in the fall. I'd already made plans to go to another firm before this happened (there were indications of trouble even during the summer program), and I understand that the firm has promised to place all the summers who accepted their offers. The attorneys there are generally good people and I honestly feel bad that this had to happen.

3/30/2007 5:44 PM  
Anonymous Anonymous said...

Who is the keynote speaker at the '07 commencement? Graduation is coming up, and we don't seem to have a speaker. Well, I voted for the girl-and-guy ticket for 3L class president last year; I think they would have acted more decisively and have gotten a speaker by now, and it would have been a great one. They seemed like awesome event planners. I loved the fact that their platform included really practical stuff like getting parking vouchers on commencement day. Oh well. Let's hope the 2007 speaker befits the awesomeness of our class and isn't some boring, second-rate public interest lawyer. In recent years, we had cool people like Gavin Newsom and Walter Delinger (former head of the OLC at the DOJ) speak.

3/30/2007 10:12 PM  
Anonymous Anonymous said...

Yeah, I voted for that guy and girl ticket last year too. It's a shame they lost.

3/30/2007 11:22 PM  
Blogger MRP said...

Maybe one of the democratic presidential hopefuls will speak at the commencement... oh wait...

4/01/2007 7:57 PM  

Post a Comment

Links to this post:

Create a Link

<< Home