Recent Headlines from Above the Law
If you think your firm’s bonuses are bad, check out this sad scale.
* The legal battle that pits Jenner & Block and the Motion Picture Association of America on one side and Google on the other just got uglier. In response to Google’s subpoena of documents related to Jenner & Block and the MPAA’s lobbying efforts, Jenner & Block partner, David Handzo, called out Google tactics saying, “The court should not allow Google’s abuse of the litigation process.” [National Law Journal]
* The repercussions of the Sony data hack just keep on coming. A federal judge ruled that Sony employees that had personal information leaked to the world had standing to sue even if they couldn’t prove that criminals used their information. [The Recorder]
* Former Utah AG Mark Shurtleff now faces lesser charges of bribery and accepting improper gifts (though he could still face up to 30 years in jail if convicted), including allegations that accepting a partnership at Troutman Sanders impaired his judgement as a civil servant. [The American Lawyer]
* How far would you go to save your sinking law firm? The saga of failed firm, Butler & Hosch, got stranger amid allegations that CEO Robert Hosch created fake invoices to the tune of $7 million to secure a loan for the firm. [Daily Business Review]
* Litigation surrounding the May 12th Amtrak derailment in Philadelphia continues forward along with criticism that federal law limits the recovery for all victims combined to $200 million. [Legal Intelligencer]
* “Take it from me, dealing with the complex criminal legal system can be difficult and intimidating for most people.” This ex-Troutman Sanders partner may be facing nine felony charges, but who cares? He’s starting his own firm. [Am Law Daily]
* It’s kind of cute when law school deans lie to themselves to make themselves feel better. For example, the dean of Oregon Law says now is “excellent” time go to go law school, and he doesn’t make decisions “based on what moves the rankings needle.” [Daily Emerald]
* Per the latest Altman Weil survey, the first quarter of 2015 was one of the best ever for law firm mergers. The pace with which law firms merged was the second-quickest since the company started tracking mergers to begin with in 2007. [Philadelphia Inquirer]
* The Rutgers Board of Governors has approved of the proposed merger between Rutgers-Newark and Rutgers-Camden Law. Now they just have to wait for the ABA’s rubber stamp, which they’ll obviously get — the ABA would rubber stamp a shoe. [NJ Advance Media]
* “[T]he law is a noble profession – but it’s also an oversubscribed one, due in large part to excessive federal lending.” Maybe if the government stopped handing out student loans like candy, law schools would be forced to lower their tuition rates. [Washington Post]
* The University of Virginia’s chapter of Phi Kappa Psi is definitely going to try to sue Rolling Stone over its fraternity gang-rape story, but the question is whether “bad journalism [will] amount to legal liability.” What do you think about this? [WSJ Law Blog]
* Even at the top of the in-house food chain, women lawyers are still paid less than their male counterparts. But hey, at least they’re not being forced to cry poverty like their in-house staff attorney brethren. [Corporate Counsel]
* Neil Barofsky, the former King of TARP in the United States, is making the move to Jenner & Block, specifically because as opposed to all other firms, “Jenner took the side of really getting to the truth of the matter.” [Reuters]
* Luxury fashion is fun: four Biglaw firms, including Cleary Gottlieb, Cravath, Torys, and Proskauer Rose, all took Tim Gunn’s mantra to heart to make it work for the $6 billion sale of Neiman Marcus. [Am Law Daily (sub. req.)]
* If you want to try some lawyer, we hear that they taste great when poached this time of year. Speaking of which, Troutman Sanders just reeled in three attorneys from Hunton & Williams. [Richmond BizSense]
* Law schools in the Dakotas are renovating their buildings in the hope of enrolling more students. Luckily, South Dakota has that sweet indentured servitude plan. [Prairie Business; National Law Journal (sub. req.)]
* If you’re thinking of applying to law school, here’s a plan of attack for the month of September. That’s right, friends, you can start gunning right now! [Law Admissions Lowdown / U.S. News & World Report]
* Are you ready for some tax law?! The NFL and other professional sports leagues might lose their nonprofit status if new tax reform legislation makes it through the House and the Senate. [Businessweek]
Thanks to some expert stalking, we now know that some of Facebook’s first members became lawyers. Let’s invade their privacy and find out about them!
Wherein we give some credit to overlooked law firms and law schools based on positive responses to the ATL Insider Survey.
The day that many of you have been waiting for has arrived. Today ATL goes to ATL: the fair city of Atlanta! Based on NALP forms and prior news articles, it seems that starting salaries in the Big Peach generally range from $130,000 and $145,000 (similar to Philadelphia). At $130K: Alston & Bird; Arnall Golden […]