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9780553801415
A LICENSE TO PRINT MONEY "Founded in 1929 and headquartered in San Francisco, Simpson and Gates is the largest full-service law firm based west of the Mississippi. With over nine hundred attorneys in eighteen offices on four continents, Simpson and Gates is recognized as an international leader in the legal profession." --Simpson and Gates attorney recruiting brochure. "For three hundred and fifty dollars an hour, I'd bite the heads off live chickens." --J. Robert Holmes Jr., chairman, Simpson and Gates corporate department. Welcoming remarks to new attorneys. For the last twenty years or so, being a partner in a big corporate law firm has been like having a license to print money. At my firm, Simpson and Gates, we've had a license to print a lot of money. At six-fifteen in the evening of Tuesday, December 30, the printing press is running at full speed forty-eight floors above California Street in downtown San Francisco in what our executive committee modestly likes to call our world headquarters. Our 320 attorneys are housed in opulent offices on eight floors at the top of the Bank of America Building, a fifty-two-story bronze edifice that takes up almost an entire city block and is the tallest and ugliest testimonial to unimaginative architecture in the city skyline. Our two-story rosewood-paneled reception area is about the size of a basketball court. A reception desk that is longer than a city bus sits at the south end of the forty-eighth floor, and I can see the Golden Gate Bridge, Alcatraz Island and Sausalito through the glass-enclosed conference room on the north wall. The gray carpet, overstuffed leather chairs and antique coffee tables create the ambiance of a classic men's club, which is entirely appropriate since most of our attorneys and clients are white, male and Republican. Even in the evening of the customarily quiet week between Christmas and New Year's, our reception area is buzzing with a higher level of activity than most businesses see in the middle of the day. Then again, most businesses aren't the largest and most profitable law firm on the West Coast. Tomorrow is my last day with the firm and I am trying to shove my way through three hundred attorneys, clients, politicians and other hangers-on who have gathered for one of our insufferable cocktail parties. I hate this stuff. I guess it's appropriate I have to walk the gauntlet one last time. In the spirit of the holiday season, everybody is dressed in festive dark gray business suits, starched monogrammed white shirts and red power ties. A string quartet plays classical music in front of the blinking lights of our tired-looking twenty-foot Christmas tree. The suits have gathered to drink chardonnay, eat hors d'oeuvres and pay tribute to my soon-to-be ex-partner, Prentice Marshall Gates III, the son of our late founding partner Prentice Marshall Gates II. Prentice III, one of many lawyers in our firm with Roman numerals behind his name, is known as Skipper. He is also sailing out of the firm tomorrow. The circumstances of our respective departures are, shall I say, somewhat different. After my five years as an underproductive partner in our white-collar criminal defense department, our executive committee asked me to leave. I was, in short, fired. Although the request was polite, I was told that if I didn't leave voluntarily, they would invoke Article Seven of our partnership agreement, which states, and I quote, that "a Partner of the Firm may be terminated by the Firm upon the affirmative vote of two-thirds (2/3) of the Partners of the Firm, at a duly called and held meeting of the Partners of the Firm." In the last three years, fourteen of my partners have been Article Sevened. I have graciously agreed to resign. On Monday, I'll open the law offices of Michael J. Daley, criminal defense attorney, in a subleased office in a walk-up building in theSiegel, Sheldon is the author of 'Special Circumstances' with ISBN 9780553801415 and ISBN 0553801414.
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