* Paul Ceglia didn’t want to pay Facebook’s Biglaw bill for 177 hours of legal work, so the judge slashed the price to $75,776. At just $428 an hour, how will these lawyers feed their families? [Los Angeles Times]
Max Schrems, a 24-year-old law student from Austria, has become one of Facebook's fiercest critics.
While most law students are shaking off the winter break and settling back in for the second semester, Max Schrems is busy doing his best to bring Facebook to its knees.
Last year, the 24-year-old University of Vienna law student spent a semester abroad at Santa Clara University in Silicon Valley. His privacy law professor there, Dorothy Glancy, invited a privacy lawyer from Facebook to be eaten alive by speak to the class. Schrems was shocked by the lawyer’s limited grasp of the severity of European data protection laws, and decided to write his final paper for the class on how Facebook was flunking privacy in Europe.
In the course of his research, he discovered that Facebook’s dossiers on individual users are hundreds of pages long, and include information users thought had been deleted. When he returned to Austria last summer, he formed an activist group called Europe v. Facebook (to legitimize his campaign and make it seem like more than just one law student), filed dozens of complaints in Europe about Facebook’s data practices, and publicized his findings online, leading to widespread media attention, a probe by a European privacy regulator, and questions from Congress.
On Monday, Facebook’s European director of policy (and former MP) Richard Allan and another California-based Facebook exec flew to Vienna to meet with Schrems for a whopping six hours to discuss his concerns.
The battle between educational institutions and loudmouth students who fight for the right to say dumb things is a rich area of recent American history. A student says something inflammatory. The school suspends/fails/disciplines the student. The student sues, and everyone has a big First Amendment debate party.
Usually, I have a lot of sympathy for the schools. Teenagers are, how do I say this, dumb. They think they know everything, and that somehow it’s of cosmic importance that they are allowed to proclaim their love for illegal drugs on campus.
But I cannot abide when schools become the fun police. The University of Minnesota currently falls under this category. In a case that will be heard today by the Minnesota Supreme Court, a mortuary sciences student is fighting to overturn ridiculous penalties levied against her for a couple of (seriously) harmless jokes made on Facebook.
Some commentators are worried about broader implications the case will have on the power colleges have over their students. I’m more upset about the fact that the University of Minnesota can’t take a joke….
History is littered with examples of Aussies sticking it to the Brits: from early convict rebellions to the time Rupert Murdoch bought our favourite tabloid newspaper, The Sun, and had a photo of a topless woman placed on its inside page each day — a tradition that continues to this day (semi-NSFW link).
Last week they were at it again when Australian law firm Slater & Gordon used some of the millions generated from its 2007 public listing — the first ever for a law firm — to snap up the large British personal injury firm Russell Jones & Walker (RJW), in an unprecedented £54m ($85 million) cash and shares deal. Once again, the people of the U.K. were left shaking their heads.
Of course, we should have seen it coming. British lawyers have been talking about the deregulatory provisions of the U.K. Legal Services Act (LSA) for years now. And it’s not as if we haven’t been watching the rapid growth of Slater & Gordon — where turnover, staff numbers and office locations have nearly tripled since the firm responded to Australia’s enactment of a similar law by going public — with eyebrow-raised interest from afar.
For some reason, though, we failed to put the two together….
* Looking for a way to shield your assets during a wrongful death suit? Just adopt your adult girlfriend. It has “nothing to do with the lawsuit” — dude just wants to bang his daughter. No big deal. [Palm Beach Post]
* Unpaid internships are so last season. A former intern for fashion mag Harper’s Bazaar wants class action certification for a lawsuit claiming that her free labor violated wage and hour laws. [New York Times]
* Florida: a place where people don’t care about your income tax returns. Mitt Romney dominated the state’s primary, grabbing all 50 of the delegates needed for the Republican nomination. [New York Times]
* Entry-level hiring might be down, but lateral hiring is being approached like an NFL draft. Biglaw firms want the best of the best, and if they have to poach partners to get what they want, they will. [Wall Street Journal]
* Paul Ceglia was ordered to pay Facebook’s legal fees, and now he’s crying over Gibson Dunn’s Biglaw price tag. Instead, he wants to pay podunk fees for his podunk town. [Bloomberg]
* Some cities in New Jersey don’t like pollution — they want to keep the trash down the shore. Hoboken’s mayor has denied MTV’s film permit request for Snooki and J-WOWW’s spinoff show. [New York Post]
You realize your kids won't even learn how to do this.
Given the tough job market, law students are doing everything they can to get a leg up on the competition. Whether that means showing up with freshly baked cookies before the interviews, or pumping out handwritten thank you notes after they meet people, students are going to the mattresses.
I’m serious about the cookies and notes. I had a person ask me if she should bring cookies to her interview (to which I said, “I think they’ll be more eager to receive their blow jobs…. you realize I’m joking, right? Do not bring cookies or blow people in interviews.”) For thank you notes, even some career service professionals suggest handing them out. Because nothing says “I’m desperate to have one more second of your attention before you throw this away” like a thank you card.
But why should a law student hand-write his own handwritten thank you card? This is American legal education in 2012, baby. Surely, there is a law student out there who is just desperate enough to write another law student’s thank you cards. At least that’s what one student at a top law school was hoping….
The great thing about free stuff is that it is free. Nobody cares what kind of plastic junk they’re getting as long as it’s free. Why do sports fans go nuts over t-shirt cannons, even though the shirts are ugly as hell and always XXL? Duh, because they’re free.
To me, it seems logical that no one has any right to complain when free stuff is taken away, or when it turns out to be a major letdown.
If you want a crummy T-shirt so badly, go buy one. If you want to go to Starbucks, don’t complain that your aunt Maggie didn’t give you a big enough gift card for Christmas. Just go buy your coffee.
Judging from a recent LexisNexis online promotion geared toward law students, though, it seems I might be in the minority. On its Facebook page, Lexis has been advertising “challenges” for law students. Supposedly, the first 1,000 students to complete each challenge win 1,000 “Lexis points,” which are similar to credit card rewards points.
Tragically, some computer problems caused students to have trouble accessing and submitting their answers earlier this week. A tidal wave of law school students became enraged and took to Lexis’s Facebook with their fury. Woe to he who angers law students….
* Paul Ceglia was fined for ignoring a discovery order. He also has to reimburse Facebook for all of its related, Biglaw legal fees. Here’s looking forward to Ceglia’s bankruptcy filing. [Bloomberg]
* “[D]emand for lawyers is declining,” but we definitely need another law school in Texas. A federal judge quit his job to become the dean of the ten millionth law school in the state. [National Law Journal]
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
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: