Accounting / Accountants
Global accounting firms are increasingly looking to enter the legal services market.
Is the lawyers vs. accountants conversation really a “pointless debate”?
It has long been the case in Hong Kong that most UK law firms and a very small minority of US law firms have three month notice periods for their US associates built into their employment contracts. But until about 18 months ago it was not common for any firm to enforce a three month notice period when a US associate left solo[…]
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What are the latest allegations about Zachary Warren, the handsome and high-powered young lawyer facing criminal charges in the Dewey & LeBoeuf fraud case?
* A guy who tried to get on the bench more than once was just busted in a prostitution sting. Oops. He also spells his name weird. [The Press Democrat]
* Tomorrow, Gibson Dunn partner Miguel Estrada will argue before the Second Circuit that private parties can’t get injunctions under RICO. For those keeping score, Gibson Dunn partner Randy Mastro hangs his whole case in Chevron v. Donziger on a request for an injunction under RICO. Time to play the Distinguish Polka. [Courthouse News]
* Wait until the RIAA realizes there are royalties to be made at CIA black sites in Uzbekistan. Because the only thing more torturous than being forced to listen to this music is the tenacity of the RIAA. [Slate]
* More on the legislative fight over accrual accounting versus cash-basis accounting for Biglaw firms. To the barricades! Swear your allegiance to Generalissimo MacEwen! [Adam Smith, Esq.]
* Is there a right to online anonymity? All the people out there trying to hire contract killers over the Internet certainly think so. [InsidePrivacy]
* Jay Edelson and Chandler Givens of Edelson PC examine the flawed law firm recruitment model. [Legal Solutions Blog / Thomson Reuters]
* Slip and falls at the IRS office. [Lowering the Bar]
* President Obama says he’s not changing his mind on the legality of marijuana “at this time.” I guess we need Biden to go on Face the Nation this time around to get some movement on the drug war. [Volokh Conspiracy]
* California lawmakers are looking to retool its “revenge porn” — the act of posting embarrassing sex pics/videos of a significant other who screwed you over — bill. Now California won’t be able to post all those amateur vids of the organizers behind Prop 13. [WSJ Law Blog (sub. req.)]
* New York just boasted the largest seizure of illegal guns in NYC history because a rapper used Instagram to show the world a whole mess of illegal guns. Sometimes you have to avoid that “pics or it didn’t happen” tweet. [ABA Journal]
* Michael Jackson’s estate is battling the IRS. The article coyly suggests that the estate has told the IRS to “Beat It.” What they don’t understand is the IRS, as a general rule “Don’t Stop ‘Til [They] Get Enough.” [TaxProf Blog]
* Inspired by our recent post on the 15 Reasons to Date a Lawyer, Going Concern has found eHarmony’s “15 Reasons to Date an Accountant” and given it a similar beatdown. [Going Concern]
* Congratulations to the M&A Advisor’s “40 Under 40″ award winners. Your families would be so proud if they remembered what you looked like. [The M&A Advisor]
* I was quoted in this week’s episode of This American Life. Host Ira Glass interviewed Sharon Snyder, the court clerk fired for helping free an innocent man. [This American Life]
* Bruce MacEwen explains the mid-year results for Biglaw as reported by Wells Fargo and Citi respectively. Video after the jump…
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* Lat’s turning his serialized web fiction into a real live book, scheduled for publication in 2014. Congrats, Lat! [Supreme Ambitions]
* REMINDER: If you’re looking to enter the annual ATL Law Revue Video Contest, send us that submission by THURSDAY, APRIL 18, at 5:00 PM (Eastern time). That’s not a soft, law school deadline; it’s a hard, law firm deadline. [Above the Law]
* A reminder that yesterday’s events may be more aptly compared to the Atlanta Olympics bombing than 9/11, at least with regard to the targeting of a public event, regardless of the media’s inclinations. [Balloon-Juice]
* Employees around the country are wildly abusing Twitter’s new app, Vine, exposing themselves to retribution and disclosing confidential information. And I’m highly looking forward to the first “Biglaw associate abuses Vine” tip showing up in my inbox. [Connecticut Employment Law Blog]
* Congratulations CPAs! You’ve survived tax season and Broadway wants to punish reward you with free tickets to Spider-Man: Turn Off the Dark. [TaxProf Blog]
* Bear Lawyer comments on the Bitcoin debacle. [Bear Lawyer]
* Congratulations to NYU Law for winning its 5th Straight Deans’ Cup over Columbia on a last second play. I’ve been waiting for video of this ever since I learned that the game ended on a buzzer beating 3-pointer when an unknown NYU student informed me of it on the subway platform that night. Well, now we have our video and it is highlight worthy….
* Wait, auditors agree that auditor letters are pretty much a waste of time, but they still want them anyway? As I learned in Civ: “The only thing that saves us from the bureaucracy is inefficiency.” [Going Concern]
* Yes, the legal world is still buzzing because one of the nine most powerful people in America deigned to utter a few words in court. I hope Thomas appreciates that his obituary is going to prominently include references to his confirmation hearings and his well documented muteness. [ZombieLaw]
* This Die Hard director picked a bad day to try hard to stay out of jail. [The Hollywood Reporter]
* You know, there are laws against firing pregnant people. [Pregnant and Fired]
* Bottom line, I don’t want to be on the side of praising SEC enforcement actions. [National Law Journal]
* I hope Obama is well armed, because the only thing that stops a politician in the pocket of the gun lobby are the people holding their votes to the heads of their Congressmen. [Blog Briefing Room / The Hill]
* Same-sex marriage should be legal because gay people should be allowed to save money too. [The Atlantic]
Dear Prudence sets the record straight for the wife of a future law student when it comes to student debt and entry-level jobs.
Woman files lawsuit over stressful job…
* Man, the economy is so bad, monks are having to go to court to fight for a new revenue stream. [WSJ Law Blog]
* We have peace between a Texas auction house and the President of Mongolia over the ownership of a Tyrannosaur skeleton. While we’re here, should anybody wish to invite me to a pre-screening of their inventive dinosaur park, I’d like to note that I’m not the type of bloodsucking lawyer who leaves children behind. [Heritage Foundation]
* Did you know Sullivan & Cromwell got involved in the birther controversy? The first one, the legitimate one with Mitt Romney’s father. Not the ridiculous one that Romney’s been embracing. [Reuters]
* Speaking of Mittens, did you know he supports for-profit colleges? That’s like supporting people jumping off the Empire State Building, so long as they pay to get in. [Salon]
* Could an accounting firm pull a Dewey? [Going Concern]
* Have an idea for how to improve the Constitution? Share it with the good folks over at Slate. [The Hive / Slate]
Dewey know how to do the partnership’s taxes? Some D&L partners are confused by the updated K-1 tax forms issued to them by the firm. And, speaking of Dewey partners, defections continue….
I don’t always cover electronic discovery, but when I do, I prefer juicy court decisions. And that’s what we have today. The United States District Court for the Southern District of New York released a blunt, controversial ruling last week, slamming down accounting firm KPMG for requesting a less intense preservation obligation. The case has […]