Chris Danzig here. If you read Above the Law, well, ever, you know that we are deeply concerned about the burden of law school loan debt facing many young lawyers. The general consensus at ATL — vocalized most frequently by Elie and Staci, who each have firsthand experience with six-figure loan debt — is to avoid law school entirely, or at least know what you’re getting yourself into (and STFU when bill collectors come calling).
Occasionally, we hear about unusual approaches to dealing with debt that are undertaken by entrepreneurial — or outrageously bold, depending on your perspective — lawyers or law students. Crowdsourcing seems to be one of the new strategies.
Today, we heard from a 30-year-old graduate of an elite law school who is still living with his parents. He has turned to the internet for help paying off his loans.
I think he may be onto something, but my colleague Staci doesn’t exactly agree….
* Martin Bienenstock, Dewey’s former bankruptcy head, offered some free legal advice to the firm’s bankruptcy advisers: “[P]lease get real about the unfinished business claims.” [WSJ Law Blog]
* In other interesting Dewey news, you’re never going to guess what Steve DiCarmine’s been doing since the firm went under. He of the orange skin tone is making it work at Parsons. [Am Law Daily]
* Remember Kenechukwu Okoli, the guy who slapped a Paul Hastings partner in the face during a depo and then sued him for assault? Yup, that suit got dismissed. [Thomson Reuters News & Insight]
* NerdWallet has created an online law school comparison tool, but users will only get to choose from 50 schools, none of which are in the so-called U.S. News second tier. Guess they don’t think Cooley is the second-best school in the country. How rude. [Bucks / New York Times]
* Cecilia Gimenez, the woman from Spain who accidentally turned a fresco of Christ into a portrait of a monkey, is now seeking royalties from funds the church levied as entrance fees to see her “work of art.” [Telegraph]
* Bridget Mary McCormack, a candidate for Michigan’s Supreme Court, has a simple tip for putting together the best judicial campaign video ever: all you need to do is reunite the cast of The West Wing. Check it out….
* Politicians are barred from speaking at this year’s memorial ceremony at Ground Zero, but will this ever be a day without politics? That still remains to be seen, but it will always be a day of remembrance. Never forget. [ABC News]
* What could possibly be more important than a resolution in the South Carolina voter ID case? Prejudice by font size. The Department of Justice is arguing over the alleged 12-point font size used by the state in a brief. Yes, seriously. [National Law Journal]
* Stephanie Rose was confirmed by the Senate as the first female federal judge in Iowa’s Southern District by a margin of 89-1. Damn, the one guy who voted against her better have a good reason. [Des Moines Register]
* “[He's] still trying to exculpate himself from one of the biggest blunders in the history of jurisprudence.” O.J.’s Dream Team denied allegations that Johnnie Cochran tampered with the bloody glove. [Los Angeles Times]
* Shepard Fairey, the artist who created the Obama “Hope” poster — you know, the one that Paul Ryan says is fading on your wall — has been sentenced to two years’ probation for tampering with evidence. [CNN]
* What are some of the advantages of applying to law school on an early decision basis? If anything at all, you’ll find out earlier that you won’t be getting any scholarship money. [Law Admissions Lowdown / U.S. News]
‘This herpes thing is less embarrassing than my 72-day marriage to Kim Kardashian.’
* Want to know what they call the Supreme Court attorney who deals with requests for stays of execution? The death clerk. Paging John Grisham, because this guy’s nickname would make a great book title. [New York Times]
* “If you’re going to sue, it’s better to sue earlier rather than later.” Probably why battleground states like Florida, Iowa, Nevada, Ohio, Pennsylvania, and Wisconsin are in a tizzy over their election laws. [Washington Post]
* WikiLeaks or it didn’t happen: Bradley Manning’s lawyer has demanded that seven years be cut from his client’s prospective sentence due to allegations of improper treatment while in military custody. [The Guardian]
* Michigan Law’s Sarah Zearfoss, she of Wolverine Scholars fame, finds media coverage about the awful job market for recent law grads “really frustrating.” Try being unemployed. [Crain's Detroit Business (reg. req.)]
* Kris Humphries is being sued for allegedly giving a girl herpes. But alas, the plaintiff seems to have no idea who actually gave her the herp — four John Doe defendants are identified in the complaint, too. [Star Tribune]
* “Given the police idiocy, one wonders where the boobs really are.” A nude model who was arrested during a body-painting exhibition in Times Square won a $15K false-arrest settlement from the cops. [New York Post]
Here’s the problem with running a law school that publishes a laughable rankings system that magically ranks your school second in the nation. If the school is willing to do that, it makes it possible to question (and laugh at) every single thing that comes out of the school.
Hell, the shoeshine boy who tried to troll Staci couldn’t be dismissed out of hand because he said he was a Cooley grad.
It’s not entirely fair, but the school brings it upon itself, at least in part. That’s probably why I received a number of tweets about the new statue at Cooley Law.
At a regular law school, nobody would take much note of a sculpture of the school’s namesake. At Cooley, it’s pretty easy to read in a hilarious motive….
* Yesterday marked day two of jury deliberations without a verdict in the John Edwards campaign-finance violations trial. The former presidential candidate says he’s “doing OK,” but you know he’s secretly pissing his pants over going to prison. [ABC News]
* Martin Weisberg, a former Baker & McKenzie partner, pleaded guilty to money laundering and conspiracy to commit securities fraud. He faces up to 15 years for both crimes. Like he wasn’t earning enough as a Biglaw partner. [New York Law Journal]
* A judge told two fashion houses to leave it on the runway, and not in the courtroom, but that’s not going to stop Gucci from collecting its due. Guess owes the company $4.66M for trademark infringement. [Bloomberg]
* If you’re wondering what you’re going to have to do to get your student loans discharged in bankruptcy, it’s really quite simple. Get diagnosed with an autism spectrum disorder, and you’ll be set. [National Law Journal]
* What’s the difference between looted art and art looted by the Nazis? The Hitler part. Proposed art legislation will ban all museum recovery claims, except those of families affected by the Holocaust. [New York Times]
* “”I can’t believe f**king Allred called you!” In a total attention whore battle royale, Okorie Okorocha has sued Gloria Allred for allegedly stealing both of his clients in the John Travolta gay sex scandal. [CNN]
When it comes to the madness that ensues during the deposition process, we really thought that we had seen it all. We’ve seen witnesses curse at the questioners. We’ve seen a deponent tell an attorney to “suck [his] dick.” We’ve even seen a former Biglaw partner call his opposing counsel an “ignorant slut.” But we’ve never seen something like this.
Apparently when attorneys in Florida get bored during depositions, they turn to their artistic side to get their creative juices flowing. Because there’s nothing like a great dick pic to bring your attention back to the case at hand….
They say that a picture is worth a thousand words. Here at Above the Law, we have given you many thousands of words about the troubles of Dewey & LeBoeuf. See, e.g., this lengthy post about the firm’s former leaders, ex-chairman Steven Davis and former executive director Stephen DiCarmine.
Now we bring you some pictures. As it turns out, the possible demise of Dewey has inspired the creation of art.
Keep reading, and check out the images below for a forthcoming portrait of former chairman Steven Davis, a chilling photograph, and an unfortunate D&L advertisement….
Dewey & LeBoeuf's sign at 1301 Avenue of the Americas. (Photo by David Lat. Feel free to use.)
“Our catering service requires a credit card; client matter numbers no longer accepted. Seamless food ordering requires a credit card or a corporate card.”
“It’s not clear that we still have health insurance.”
“Dewey has cut off subscriptions, and expenses are no longer being reimbursed.”
“Everyone is pretty much packing up. Bankers boxes are on backorder in supplies.”
“Dewey is quietly removing the art from the walls. Perhaps it belongs to the creditors?”
These are some of the sad stories we’re hearing out of Dewey & LeBoeuf today. Let’s discuss the latest news and rumor coming out of the deeply troubled law firm….
Multiple UPDATES and new links, after the jump (at the very end of this post). The Dewey story is moving so quickly that we will do multiple updates to our existing posts instead of writing a new post every time there’s a little additional news to report. Otherwise half of the stories on our front page would be about Dewey, and there is other Biglaw news to report — e.g., the new profit-per-partner rankings from Am Law, salacious lawsuits against prominent D.C. law firms, etc.
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 seven years. You can reach them by email: email@example.com.
Please note that Evan Jowers and Robert Kinney are still in Hong Kong and will stay FOR THE REMAINDER OF THIS WEEK. We still have a handful of available slots for meetings with our Asia Chronicles fans. If we have not been in touch lately, reach out and let us know when we could meet! There is no need for an agenda at all. Most of our in-person meetings on these trips are with folks who understand that improving a legal practice through lateral hiring is an information-driven process that takes time to handle correctly.
Regarding trends in lateral US associate hiring in Hong Kong, we of course keep much of what we know off of this blog. Based on placement revenue, though, Kinney is having one of our most successful years ever in Asia. We are helping a number of our law firm clients with M&A, fund formation, cap markets, project finance, FCPA and disputes openings. These are very specific needs in many cases, so a conversation with us before jumping in may be helpful. As always, we like to be sure to get the maximum number of interviews per submission, using a well-informed, highly targeted, and selective approach, taking into account short, medium and long-term career aims.
Making a well informed decision during a job search is easier said than done – the information we provide comes from 10 years of being the market leader in US attorney placements at the top tier firms in Asia. There is no substitute for having known a hiring partner since he/she was an associate or for having helped a partner grow his or her practice from zip to zooming, and this is happily where we stand today – with years of background information on just about every relevant person in all the markets we serve, and most especially in Hong Kong/China/Greater Asia. So get in touch and get a download from us this week if we can fit it in, or soon in any case!
The legal industry is being disrupted at every level by technological advances. While legal tech entrepreneurs and innovators are racing to create a more efficient and productive future, there is widespread indifference on the part of attorneys toward these emerging technologies.
When the LexisNexis Cloud Technology Survey results were reported earlier this year, it showed that attorneys were starting to peer less skeptically into the future, and slowly but surely leaning more toward all the benefits the law cloud has to offer.
Because let’s face it, plenty of attorneys are perhaps a bit too comfortable with their “system” of practice management, which may or may not include neon highlighters, sticky notes, dog-eared file folders, and a word processing program that was last updated when the term “raise the roof” was still de rigueur.