Recent Headlines from Above the Law
* With the Dewey trial wrapping up, a look back at the history of firm honchos earning jail time. [Law360]
* Slick video explaining the everything wrong the way law schools market themselves to students. [Business Insider]
* Remember when Sony got hacked? It unveiled some fun stuff, like how the new movie Concussion changed its plot around to avoid offending the NFL. [ABA Journal]
* As college football prepares to kick off tonight, Baylor has hired Pepper Hamilton to look into how the school handles sexual violence allegations in light of the rape conviction of former player Sam Ukwuachu. [Dallas Morning News]
* Here’s one of the dumbest arguments ever: Larry Lessig is liberal. About 47 years ago, unchecked campaign spending marginally helped a liberal (he did ultimately lose the nomination… and Nixon became president). Therefore, Larry Lessig shouldn’t be against money in politics. Signed, the former Executive Director of the Club for Growth. [The Daily Caller]
* Meanwhile, the GOP runs into the downside of Citizens United: arming a terrible candidate with so much money he won’t drop out. [Slate]
Scary story about a lawyer’s behavior results in immediate suspension.
* McDermott Will & Emery poached six partners from K&L Gates as part of its Dallas office “re-launch.” Their poor paralegals: Right now, the lawyers are working in temporary offices, and don’t have access to land lines. [WSJ Law Blog]
* Dean Paul Mahoney of UVA Law announced he’ll be stepping down from his position on June 30, 2016, after eight years of dedicated service to the school. Law students, please lower your collars to a half-pop in light of this news. [UVA Today]
* Dewey think these defendants are full of themselves? The former leaders of this failed firm had insane and enviable compensation packages, but that doesn’t mean their multimillion-dollar guarantees weren’t justified — or even deserved. [Am Law Daily]
* Experts speculate that the Justice Department’s case against FIFA could strengthen its global power, but of course, that will hinge on whether Loretta Lynch can get RICO charges to stick for conduct that took place overseas. [DealBook / New York Times]
* After months of going back and forth on their urge to merge, Hiscock & Barclay completed its combination with Damon Morey. The new 275-lawyer firm will be known as Barclay Damon, and could possibly become a member of the Am Law 200. [Syracuse.com]
* Legal marijuana business need lawyers and bankers, but those willing to advise them are few and far between. If you want to join the green rush and learn how to help these people comply with the law, come to our marijuana law reception later this month. [Forbes]
A prominent law firm gets dragged into a rich family’s feud.
So what adjustments did the firm make to its base salary scale?
* Per a recent study, the class of 2010 is still screwed when it comes to securing work as attorneys. There are plenty of would-be lawyers working in “tennis instruction, office management, lingerie sales, and pest control.” [WSJ Law Blog]
* Law schools may be admitting less qualified students, but when the bar exam results are bad, it’s obviously the bar exam’s fault. Is it even fair to make new lawyers have to pass a bar exam at all? We should have more on this bar exam backlash later today. [DealBook / New York Times]
* Following layoffs in two other firms’ litigation practices, McDermott Will & Emery is losing three of its top litigation partners. Two are expected to decamp to Paul Hastings, and one is abandoning ship for King & Spalding. Yikes! [Big Law Business / Bloomberg]
* Law school applications are on the verge of hitting a 15-year low. Don’t worry, cautions LSAC, because “the rate of decline [in applications] is slowing.” Check out the sad (yet amazing) picture in the article and see if it makes you feel better. [Bloomberg Business]
* Undergrads at Villanova got a crash course in how to pay for law school this week, and were hopefully scared straight when they found out the majority of law students take out loans and “typically accumulate around $100,000-$200,000 in debt.” [The Villanovan]
This guy didn’t want to live his life in six-minute increments.