* Eye of newt tiger, and toe of frog, wool of bat, and tongue of dog. You see, Newt, you screw up one part of the witches’ spell, and you get sued for unauthorized song use on the Election 2012 campaign trail. [Bloomberg]
* Which Biglaw firms have the strongest brands in the country according to high-revenue clients? You’d think that those in the top five would be the firms leading the bonus market, but like most things having to do with money, you’d be wrong. [Am Law Daily]
* GW Law will be launching a health care law and policy program next fall for the low, low cost of $5M, but the hordes of law school grads willing to pay top dollar for a useless LL.M. is priceless. [National Law Journal]
Despite the media echo chamber saying that the economy is improving, it’s obviously still tough to find work. Especially for lawyers. Everyone says you’re supposed to have a can-do attitude, but we sometimes prefer to think about all the things that you can’t do as an attorney.
Included in that list is getting a paying job at the U.S. Department of Justice. The DOJ has had a hiring freeze in place for a year now. We’ve heard reports of some thawing — i.e., selected parts of the DOJ receiving authorization to fill a handful of priority positions — but, for the most part, there are hardly any paying lawyer jobs to be had in that division of government.
Instead, U.S. Attorney’s Offices around the country have been posting unpaid Special Assistant United States Attorney positions for some time now. We covered them last May. My colleague (and former assistant U.S. attorney) David Lat defended the SAUSA gigs somewhat, arguing that the nonpaying jobs might not be as bad as they seem. It’s fun, exciting work, and it provides valuable experience and serious professional credibility.
There is a crucial, ominous difference between then and now, though. Previous SAUSA jobs were generally aimed at entry-level or fairly junior attorneys. Now we’ve got a recent opening that’s asking for more.…
President Barack Obama delivered his State of the Union address this evening, and it was even less exciting than last year (which was less exciting than the year before, when the famous Obama v. Alito showdown over Citizens United took place). Tonight was light on drama — one of the most compelling moments came early on, with the arrival in the chamber of retiring Congresswoman Gabrielle Giffords — and President Obama’s speech was light on new ideas. Considering that we’re in an election year, with no major legislation likely to pass anytime soon, this shouldn’t come as a surprise.
Here at Above the Law, we spend a lot of time talking about bonuses to associates working in Biglaw firms. As you might have noticed from our bonus coverage over the past month or so, the size of these payouts is underwhelming to many who are receiving them.
But that coverage only deals with those few, those happy few, who are lucky enough to receive any type of bonus whatsoever. For many in and around Biglaw, their bonus this year will be $0. Their spring bonus will not exist. And they won’t even have Cravath to blame for it.
We’re talking about paralegals. We’re talking about secretaries. We’re talking about government lawyers and law clerks and a bunch of other people who worked really hard in 2011 and might get no bonus at all.
Thanksgiving is just a few days away. But at the U.S. Department of Justice, there might not be a lot to be thankful for. Most of the DOJ-related news floating around right now is depressing.
A court-appointed investigator, Henry F. Schuelke, just issued what the New York Times described as a “scathing” report on one of the DOJ’s most prominent prosecutions in recent years. Schuelke concluded that the prosecution the late Senator Ted Stevens “was ‘permeated’ by the prosecutors’ ‘serious, widespread and at times intentional’ illegal concealment of evidence that would have helped Mr. Stevens defend himself at his 2008 trial.” Ouch.
(The good news, from the Department’s perspective: a recommendation against criminal prosecution of the DOJ officials involved in the case. That’s something to be thankful for, I suppose.)
Alas, that’s not all for depressing dispatches out of the Department. Let’s discussing the hiring freeze, and the state of Honors Program offers….
Congratulations to the 2012 Bristow Fellows, who learned of their selection earlier this month. These one-year fellowships in the U.S. Solicitor General’s Office, awarded to recent law school graduates with outstanding academic records and top clerkships, are generally regarded as second only to Supreme Court clerkships in prestige (and often lead to SCOTUS clerkships as well). You can read more about the Bristow Fellowship, including the job responsibilities and application process, on the Justice Department website.
Let’s take a look at the next crop of Bristow Fellows. Which law schools did they graduate from, and for whom did they clerk?
Also: over the past three years, which law schools and judges have minted the most Bristow Fellows?
We’ve been talking a lot recently about the secretly authorized stuff our government does to us — like killing us, or molesting us at airports.
Here’s another one for the list: digging through our emails or Twitter feeds or cell phone data, without probable cause, our permission, or our knowledge. This isn’t necessarily shocking in and of itself; back in April, Kashmir Hill wrote about how often the government requests information about private individuals from tech companies.
What’s shocking is the ease with which the government gets that information and the secrecy with which it does so. Somehow it’s all based on a law that is older than the Internet. The policy recently came to light when authorities ordered a small Internet provider, as well as Twitter and Google, to turn over information about Jacob Appelbaum, an American who volunteers with WikiLeaks.
How does the U.S. government circumvent basic probable cause and search warrant requirements when it wants electronic information? Let’s see….
Today we bring you news about another arm of the federal government that is hiring graduating law students as well as experienced attorneys. But if you’re interested, you need to act fast; applications are due as early as tomorrow….
Several prominent judges, like Richard Posner (left) and Alex Kozinski (right), hire 'off-plan.'
Over the weekend, we mentioned a very interesting New York Times article on the chaotic state of the clerkship application process, and said we’d have more to say about it later. Well, now is later, quite a bit later — so let’s discuss.
The piece — by Catherine Rampell, who has written about the legal world before — paints a depressing picture of a dysfunctional system. Rampell reports that the clerkship process “has become a frenzied free-for-all, with the arbiters of justice undermining each other at every turn to snatch up the best talent.”
Let’s look at the reasons behind this, and discuss whether the process can be fixed….
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
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: