* Want to visit Cuba? The Obama administration plans to loosen travel restrictions to la isla bonita. [New York Times]
* Two federal judges in D.C., Judges Emmet Sullivan and Ellen Segal Huvelle, refuse to rubber-stamp settlements they view as insufficient, in actions brought by the feds against Barclays (Sullivan’s case) and Citigroup (Huvelle’s case). [WSJ Law Blog]
* Elsewhere in Washington, Harvard law prof Elizabeth Warren, a leading contender to head the new Bureau of Consumer Financial Protection, meets with lobbyists for big banks. [Washington Post]
* The Rod Blagojevich circus will continue, with the former Illinois governor to be retried on hung counts, but ethics reform in Illinois doesn’t seem to be going anywhere. [New York Times]
* Lehman has gone cold in the grave, but the company’s Chapter 11 case continues to be a cash cow for bankruptcy lawyers. [Am Law Daily]
* Speaking of civil litigation, a trial date has been set in the wrongful death suit filed by the family of Robert Wone against his ex-college roommate, former Arent Fox partner Joseph Price, and Price’s two lovers. [Who Murdered Robert Wone?]
* The Obama administration supports creating a United Nations commission of inquiry into crimes against humanity and war crimes in Burma. [Washington Post]
Ex-Governor Rod Blagojevich was accused of trying to sell President Barack Obama’s former Senate seat in Illinois. The U.S. Attorney for Chicago, Patrick Fitzgerald, seemed to have some great evidence — tape recordings of Blagojevich engaging in apparent wheeling and dealing (and uttering a fair amount of profanity).
Today, on the fourteenth day of jury deliberations, the jury found the former governor guilty on count 24 of the indictment, making false statements to federal agents, in violation of 18 U.S.C. § 1001. The maximum penalty is five years of imprisonment. This makes Blagojevich a convicted felon.
The applications for our Morning Docket opening were so wonderful — and overwhelming (no more apps being accepted) — that we figured we’d go back to the well to fill another freelance position available here on Above the Law. We’re launching a column aimed at in-house counsel, and we’re looking for a writer.
But now we’re looking for someone who has been on the inside. Someone who has been a corporate consumer of legal services, not just a provider of them. Someone who has had the rare joy of calling up a partner in private practice, bossing him or her around at 4:30 p.m. on a Friday, and getting the desired work product by 8:00 a.m. on Monday. You know, someone who has lived the good life.
But we know the challenges a writer could face with this column. We know, for example, that pesky SEC rules could hamstring a writer who is currently employed at a large publicly held company. If you’re in a position where another lawyer at your company would probably have to review your column before publishing, this job probably isn’t right for you.
But maybe you used to work in-house and now have a private consulting practice, or an academic job? Or maybe you’re still in-house, but at a smaller enterprise? What we’re looking for is a person with experience of and insight into the world where lawyers protect the corporate shield (and sometimes make it home in time for dinner).
You can share your wit and insight with ATL’s thousands of readers (who may insult you; don’t take it personally). You can hone your writing skills (on the non-legal side). You can write under your own name or under a pseudonym (so long as you aren’t breaking any laws). And you will be paid (at a level commensurate with a freelance writing gig like this one).
If you’re interested, please send us your résumé or a brief bio, along with a cover email describing your vision for the column and how you’d make it appealing to corporate counsel readers. You can reach us at email@example.com (subject line: “In-House Column”).
Thanks for your interest. We look forward to hearing from you.
With fall recruiting gearing up, and the lateral market warming up, we continue our annual series of open threads about the law firms featured in the Vault prestige rankings. These threads provide ATL readers with a forum to discuss the different firms and their various strengths and weaknesses.
The end of the Vault 100 is in sight. We’re covering the firms in batches of 20 now. Here are the firms ranked #61 to #80, which will provide today’s discussion fodder:
Earlier this month, roughly around the time that newly minted law review editors were hearing the good news, we raised the issue of how many minorities and women are being selected for law review.
It’s not a new debate; whether underrepresented minorities (URMs) and women are adequately represented on the nation’s leading law journals has long been a subject of controversy. But in light of the tough legal job market, in which credentials like law review membership are more valuable than ever, it’s certainly a subject worth revisiting.
We kicked off the discussion with this tip:
You may want to investigate proportions of URMs [underrepresented minorities] and women at some top 5 law reviews. I hear that [one school] took 29 1Ls, but only 7 women and no African-Americans. [Another school] took 45 first-year editors, about even male/female, but only 2 URMs in the bunch.
Which law journals are being referred to here? And how are URMs and women doing at other law reviews — perhaps yours is mentioned — around the country?
UPDATE: Please note that a few updates and corrections have been added since this post was originally published. Check them out after the jump.
In August, 2008 the ABA issued a landmark ethics opinion allowing the outsourcing of U.S. legal work.
This August, the ABA is pondering whether to accredit offshore law schools that follow the U.S. system. Because apparently 200 accredited U.S. law schools just isn’t enough. The National Law Journal reports:
The American Bar Association is already tasked by the U.S. Department of Education to accredit U.S. law schools. Now an ABA committee has recommended that it should seriously consider expanding that power to overseas law schools that follow the U.S. model.
In June, the ABA’s Council of Legal Education and Admissions to the Bar appointed the committee of law professors, attorneys, judges and law deans to examine whether foreign law schools should be allowed to seek ABA accreditation. The council is scheduled to consider the committee’s recommendations in December.
There was a time when Americans knew how to protest a war. Now is not that time. From the Detroit News:
One protester, Ahlam Mohsen, a Michigan State University senior from Coldwater, was arrested and faces arraignment today on a felony charge of stalking, as well as misdemeanor counts of assault and disorderly conduct, Big Rapids police said. She is accused of throwing the apple pie at [U.S. Senator Carl Levin] after her friend Max Kantar made a lengthy statement at a public event at Peppers Cafe and Deli in downtown Big Rapids.
I can accept that money is speech. I can accept that mosque building is religious freedom. But if your political discourse devolves to pie throwing — or shoe throwing, for that matter — you’re just an idiot.
Senator Levin wasn’t injured by the iconic American dessert…
We call it Skaddenfreude: taking pleasure in the misfortune of others who work at large law firms. Today’s tale of Skaddenfreude involves a contract attorney working a project in the Chicago office of Kirkland & Ellis.
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: