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Morning Docket: 06.18.18
* This weekend, a passerby recognized Michael Cohen on the street, calling him out as "that guy that’s going to jail." For his part, President Trump later recognized Michael Cohen as a "good person," calling him out as "not my lawyer anymore." Ouch. [The Hill]
* For what it's worth, Michael Cohen may not have to worry about jailtime for too long. After all, Rudy Giuliani says that the president may pardon Paul Manafort after the conclusion of the Russia investigation. His longtime personal lawyer could very well get a pardon thrown his way too. [Washington Post]
* Justice Anthony Kennedy had dinner in Manhattan this weekend following his grandson's graduation, and he was treated like the superstar that he is. Per sources, as soon as Justice Kennedy arrived at Antica Pesa for his meal, “a security detail almost shut down a street, as onlookers wondered who he was.” [Page Six / New York Post]
* According to a survey conducted by the Corporate Legal Operations Consortium, some in-house leaders are really angry about the latest Biglaw associate raises, and other in-house leaders aren't angry about them at all -- so long as they don't have to pay more for their outside counsel, that is. [Corporate Counsel]
* Hot off the heels of her settlement with the Securities and Exchange Commission, Theranos founder Elizabeth Holmes was recently indicted on charges of wire fraud and conspiracy to commit wire fraud in an alleged scheme to con investors and mislead doctors and patients. [MedCity News]
Non-Sequiturs: 06.17.18
* Are you paying too much in mutual-fund fees? If you're paying more than zero, then yes -- or so argue Professors William Birdthistle and Daniel Hemel in this interesting and persuasive op-ed. [Wall Street Journal]
* James Comey, FBI director turned author (affiliate link), responds to the criticisms of him in the Inspector General's report. [Althouse]
* It's complicated -- but just how complicated? Adam Feldman uses word counts and citations to measure opinion complexity during the current Term of the Supreme Court. [Empirical SCOTUS]
* Judge Alex Kozinski (Ret.) pays tribute to the memory of his late colleague on the Ninth Circuit, Judge Stephen Reinhardt. [Concurring Opinions]
* If you're confused by why the latest Obamacare litigation over the individual mandate matters, since the mandate was rendered toothless by the recent tax reform, Professor Ilya Somin can help. [Volokh Conspiracy / Reason]
* Ethics expert Steven Lubet reviews Ryan Holiday's book (affiliate link) about the Hulk Hogan/Gawker case -- and argues that Peter Thiel's financing of the litigation might have violated legal ethics. [American Prospect via PrawfsBlawg]
* Thomson Reuters, a leader in applying artificial intelligence in the law -- we're partnering with them on our Law2020 series, exploring how AI is affecting the legal profession -- also utilizes machine learning to help people trade cryptocurrencies (among many other use cases). [Artificial Lawyer]
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CLIFFORD CHANCE RAISED SALARIES: The first Magic Circle firm to do so.
AND CAHILL: I mean, why not at this point?
AND GOODWIN PROCTOR: Same.
WHICH KIND OF FORCED ROPES TO DO IT: But they tried to play it coy for reasons entirely passing understanding.
AND PAUL MANAFORT WENT TO JAIL: Oh, wait, that's not a salary thing. Holy crap, this story is NOT about Biglaw salaries!
I FEEL BAD FOR SCOTT PRUITT'S DAUGHTER: Her father is so corrupt, it's kind of hard to believe that she got into UVA Law, honorably. Even though I want to respect UVA enough to believe that she did.
IS BEN BRAFMAN'S PLAN FOR WEINSTEIN DEFENSE TO ATTACK THE #METOO MOVEMENT? How does that even work? "This movement that my client kind of proved was necessary is a victim... of a thing... that didn't really exist... until everybody found out what a sleaze he is."