At the demand of the commenters, I’ve spent most of my afternoon becoming familiar with Four Loko, the caffeinated, alcoholic beverage. Apparently I’m way too old-school. When I want a “high-octane” energy drink, I pour some Absolute Poverty out of my flask, mix it with a Red Bull, and get back to the craps tables.
But now we live in a world where you can get a premium malt beverage and an energy boost all from the same can. Who knew? Progress, baby!
Yet before I’ve even been able to get my hands on this product, there are lawmakers trying to take it away. It seems that this drink has been dropping fools like flies. There’s a story that nine (nine!) Central Washington University students were hospitalized after excessive consumption of the beverage. People would be calling Four Loko a date rape drug, except nobody can seem to stay on their feet long enough to have sex with anybody after they drink it.
As we all know, we live in a world where kids can’t be irresponsible and careless with their own well-being before the government wants to get involved. So Four Loko is now under scrutiny by the FDA…
We hear lots of stories about screamers — the abusive partners that all associates dread getting assignments from. But what about those partners that associates seek out — the ones who are good mentors, who give younger lawyers pointers about how to become better lawyers?
This week our ATL / Lateral Link survey asks you to take a minute to nominate the partner you most like to work for — and tell us why. Don’t worry, you won’t be asked for your name, so give your honest feedback. We’ll tally the data and in the coming weeks, we will present the top partners to work for throughout the country…
This is probably a joke. In fact, I’m almost sure this is a joke. Law school women don’t really talk like this, not on Craigslist. And law school guys are more than capable of satisfying their female classmates.
Wait a minute, that last line is false — almost entirely false. Crap, does that make this Craigslist ad real?
I don’t know. There’s a Craigslist ad, purportedly from a Seton Hall law student, that’s making the rounds among people who check out things on Craigslist and then email Above the Law.
Give it a look, then give me your true/false sensibility…
A prudential perspective, because it appeared in Slate’s advice column, Dear Prudence (alongside an inquiry from a woman dating a wonderful man who unfortunately has a “micropenis”):
I am just a little over a year away from becoming a lawyer, and I’m miserable because I hate it. I wasn’t forced into the profession. I just mistakenly believed that since I loved to read and debate, law was the natural progression. But I don’t like law, and I’m not applying myself to it wholeheartedly. I can’t imagine being in this field for the rest of my life or even a few years. My parents have sacrificed and spent so much on my education, and I have no idea how to tell them that I made a mistake. Worse, my mom thinks this is my dream, and I don’t have the heart to tell her that it isn’t. The only thing that really brings me joy is escaping into books that have nothing to do with law. Please help me.
Today, we have news that GULC is extending the fellowship for an additional three months. That’s great news for GULC grads. But it’s terrible news for administrators at UCLA Law and UT Law, two schools which are hoping to knock Georgetown out of its vaunted #14 spot in next year’s U.S. News Law School Rankings. Consider GULC’s employment stats sufficiently juked.
Potentially, it’s also terrible news for part-time night students attending Georgetown. This money has to come from somewhere, and right now it looks like part-time students are helping Georgetown cover the budget…
Outsourcing; you might have heard of it. It’s the trend whereby law firms send high man hours/low brain effort work overseas to workers who can complete the tasks at a fraction of the cost. Clients love it, consultants are pushing it, and law firms are struggling to add this new efficiency opportunity into their overall business model.
Well, not all law firms. Peter Kalis, managing partner of K&L Gates, gave a quote to the Legal Intelligencer where he called outsourcing “a gnat in an elephant’s ear.” Evidently, K&L Gates is the elephant, LPO’s are the gnats, and I’m not sure who the clients are supposed to be. Perhaps Peter “Aesop” Kalis can let us know in a future fable.
It’s not that Kalis has his head in the sand when it comes to cost savings that can be generated by moving work out of places like New York and Washington. It’s just that in his world he doesn’t view Mumbai as all that different from Pittsburgh.
I wasn’t able to catch Larry King’s interview with Clarence Thomas’s ex-girlfriend, Lillian McEwen. I had prior commitments (how ’bout them Cowboys). But after reading reports all morning, I can see why her memoirs are stuck in the “manuscript” stage. There doesn’t seem to be any “there” there.
Perhaps the most interesting thing we learned is that Lillian McEwen would rather date a raving, porn-obsessed alcoholic than an angry, black conservative. Don’t get me wrong, I feel precisely the same way. But if this is all the “dirt” she’s got on Thomas, then it’s difficult to see how this materially impacts our understanding of the man.
And that’s assuming that everything she said is true….
Think back to the long gone days of 2006. In the pleasing sepia-tones of your memories, you can see a booming job market, Johnny Depp and Keira Knightley, and a time when Barack Obama was a random black dude who made a good speech that one time.
This is the world of Tom “The Hammer” DeLay. A world where a “tea party” was a game for little girls. A world where corporations were not allowed to openly buy Congressional elections.
That was a long time ago: before allegations of campaign finance shenanigans brought DeLay down and turned him into an extra on Dancing with the Stars.
The days of DeLay’s political relevance might be over, but the slow pace of the justice system is now putting DeLay back in the spotlight. His long awaited trial starts today…
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: firstname.lastname@example.org.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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