Can gay marriage be stopped? Professor Tribe thinks not.
* Professor Laurence Tribe on “the constitutional inevitability of same-sex marriage.” [SCOTUSblog]
* You can sleep when you’re dead — and you can prevail against the IRS in litigation, too (as the late Ken Lay just did). [TaxProf Blog]
* Speaking of the dead, just because someone is burglarizing your business doesn’t mean you can kill them. [Jonathan Turley via WSJ Law Blog]
* Professor Daniel Hamermesh asks: “Why not offer legal protections to the ugly, as we do with racial, ethnic and religious minorities, women and handicapped individuals?” [New York Times via ABA Journal]
* When you use YouTube to bootleg 24, the terrorists win. [WSJ Law Blog]
* North Carolina doctors refuse to play executioner; executions temporarily blocked. [Jurist]
* Wal-Mart agrees to cough up $33 million for overtime violations. [FindLaw]
* This wasn’t the law already?. [AP via Yahoo!]
* Seven defendants, including the estate of Kenneth Lay, dismissed from Enron shareholder derivative suit. [Jurist]
* Can someone please fix the damn clock in the Lewis Libby courtroom, before every news outlet turns it into a metaphor? [New York Times]
* “Colombian Supreme Court: grabbing a woman’s behind is a crime.” [Herald-Tribune via How Appealing]
* One week until elections — there must be some litigation somewhere. [Wall Street Journal via [How Appealing]
* Justice O’Connor spoke in Utah this week, and she and Justice Breyer shed some politico-rhetoric in Washington. [CNN]
(For related links, see yesterday’s MD.)
* A second plea bargain has been reached in the Iraqi civilian murder case. [MSNBC]
* For you trusts-and-estates buffs, check out Kenneth Lay’s will. Notice he leaves much of his assets in the “Ken Lay Trust,” which seems oxymoronic. [Slate]
* None of this really sounds all that bad, but “Christmas bonuses” makes a good headline. [CNN]
* When this goes to court, will “Vaughnifer” be an official legal entity? [MSNBC]
* Can’t argue with a 99-page decision. Or read one. [New York Times]
* Wait, so he DIDN’T defraud investors out of millions of dollars? This would be the “deny, appeal, and decease” defense. [NYT]
* “‘The book is for those who are more right-brain than left-brain,’ says Tribe, often considered to be the brains of the legal left.” [Harvard Crimson]
Tune in for legal tidbits AND fantasy football advice tomorrow.
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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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 six years. You can reach them by email: firstname.lastname@example.org.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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