* In the new economy, new strategies are necessary in hiring law firms. A new paradigm is upon us and we must think outside the box. Synergy, people. Consultants are here to help. [New York Times]
* David J. Stern, Florida’s Foreclosure King, is the gift that keeps on giving. Like syphilis. [Palm Beach Post]
* On Tuesday, Paul Allen revised his patent suit against… well, pretty much the internets. Gotta pay the troll toll. [Reuters]
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* U.S. prosecutors arrested a California woman yesterday on insider trading charges. Immediately after the charges were filed, Michael Douglas’s ex-wife sued the woman for royalties. [CNET]
* A Los Angeles law firm, Glancy Binkow & Goldberg, is being sued for maintaining a hostile work environment and being generally pervy. The article raises several important questions. None more important than this: What the hell is a bikini bar? [Los Angeles Times]
* A primer on Bill Richardson’s possible pardon of Billy the Kid. Emilio Estevez hasn’t been this stoked since the Men at Work premiere party. [WSJ Law Blog]
* Vernon, a small town in California, has hired Latham & Watkins in an effort to save its status as a city. Pretty fascinating read. [Los Angeles Times]
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* A former Israeli President, Moshe Katsav, was convicted of rape. [Bloomberg]
* And finally, what about Brett Farv…ra? Out $50,000. And he may face future litigation over those harmless Croc shots. [New York Daily News]