* Was Barack Obama a “real” law professor at the University of Chicago? Or just a pseudo-prof? [Marc Ambinder / The Atlantic]
* Speaking of Obama, why didn’t he save more for retirement? Professor Mankiw speculates: “Maybe he is expecting vastly higher tax rates in the future, when the accumulated savings will need to be withdrawn and taxed.” [Greg Mankiw via TaxProf Blog]
* Speaking of law profs, should they reveal their political leanings to their students? [PrawfsBlawg]
* The IRS on YouTube. Is “Linda Stiff” her real name? [TaxProf Blog]
* Biglaw jumps on the blogging bandwagon. [Kevin O'Keefe / Real Lawyers Have Blogs]
* We’re all in favor of judicial reform. But will an appointive judiciary yield up fewer Elizabeth Halversons? [Wild Wild Law: Legal Antics and Jurisprudence in Nevada]
* “£295/hr for a junior associate? You mean that 25 year old girl who finished her training contract 3 weeks ago?! If it is true then Geeklawyer is undercharging chronically.” [GeekLawyer]
* Courtesy of Slate, Hillary Death Watch. Today they peg her chances of winning the Democratic nomination at 12 percent. [Slate]
(But don’t forget Monica Crowley’s quip about HRC: “She’s like Glenn Close at the end of Fatal Attraction. You think she’s dead, and then she sits bolt-upright in the bathtub.”)
* Was Barack Obama a “real” law professor at the University of Chicago? Or just a pseudo-prof? [Marc Ambinder / The Atlantic]
With respect to our earlier post, about a rumor that Latham & Watkins represents the Church of Scientology, we have our doubts. See this comment (at 2:53 PM).
But here’s some bad news about Latham that appears to be more reliable. From the WSJ Law Blog:
[Samuel A. Fishman (pictured)] has pleaded guilty to one count of mail fraud and is slated to be sentenced in June….
The criminal information and papers from the U.S. attorney’s office say Fishman, 51 of New Jersey, was a lawyer in the corporate department of a major U.S. law firm with offices in the U.S., Europe and Asia. SEC documents show a Samuel A. Fishman was a lawyer at Latham & Watkins….
The criminal information says that, upon discovering the scheme, the law firm reimbursed its clients hundreds of thousands of dollars in expenses. The information says Fishman was the billing partner for a number of the firm’s institutional clients, including clients in banking, utilities, telecommunications and entertainment.
From 1993 through 2005, it says, Fishman mischaracterized on invoices certain expenses, such as non-reimbursable meals and parking fees, as reimbursable expenses, such as photocopying and express mail, amounting to more than $200,000 of mischaracterized expenses. He also sent client invoices that inflated actual costs to the firm, amounting to $100,000 of non-existent expenses, the information says. It says that he also falsely represented personal expenses, such as hotel bills, as reimbursable business expenses.
In case you’re wondering, Samuel Fishman is a 1981 graduate of NYU Law School. See here. Harvard Law School’s two-day winning streak for Lawyer of the Day has been broken.
Update (4:20 PM): Here is the firm’s official statement about the Sam Fishman matter, from David Gordon, managing partner of Latham’s New York office:
“As reflected in the statements from the U.S. Attorney’s Office, our firm discovered the issues relating to Mr. Fishman in 2005, immediately acted to protect our clients fully, and disclosed the matter to appropriate law enforcement authorities. Mr. Fishman resigned from the firm at the time the issues were discovered. Since that time, we have cooperated fully with the investigation.”
Samuel A. Fishman [Latham & Watkins via Archive.org]
Lawyer Pleas in Case Charging that He Bilked Firm and Clients [WSJ Law Blog]
Lawyer at Major Firm Charged with Bilking Firm and Clients [WSJ Law Blog]
What is it about Florida that causes its lawyers and litigants to misbehave so egregiously? Just last week, the Florida Supreme Court sanctioned colorful attorney Jack Thompson. And now they’ve expressed their displeasure (PDF) with pro se litigant Julio Mora.
What did Mr. Mora do to upset the court? From its opinion:
Mora has filed pro se pleadings containing scandalous and obscene language. Specifically, in his “Petition to Inhibit Jurisdiction From this Very Supreme Court of Injustice,” Mora maintained that through its show cause proceedings with DOC, the Court has proven itself “to be a pack of incompetent cowards, without balls, testicles, courage or valor.” Further, Mora urged this Court to
“take this case and the ultimate decision, if ever, and please shovel it to the chief justice and every other justice’s a**hole, in order to have a common place to store the justices’ crap, together with the justice crap from their’s mind, properly disposed through the sewer system, in order to prevent the contaminants to reach the citizen of Florida, and also kiss Julio Mora’s the idiot seeking justice, kiss his a**hole every time the justice will retire going to their den. . . . Please kiss my a** one more time.”
The court declined to grant Mora the requested relief. Instead, it sanctioned him, directing the clerk of court to reject any future filings from Mora “unless signed by a member of The Florida Bar.”
In a court of law, it’s the parties who do the ass-kissing — not the judges.
Mora v. McNeil (PDF) [Supreme Court of Florida]
Here’s a photo of President Bush and his White House Counsel — Fred Fielding, former senior partner at Wiley Rein (fka Wiley Rein & Fielding), dressed up as the Easter Bunny — at the White House Easter Egg Roll earlier this week:
Quips our tipster: “One can only hope Fielding isn’t splitting hares. Or giving hare-brained advice.”
Okay, you’re groaning. Think you can do better? Then enter the ATL caption contest. Same rules as before:
We welcome your suggested alternative captions, in the comments. Assuming sufficient response, we’ll take our favorites, incorporate them into a poll, and hold a caption contest.
We doubt we’ll receive as many submissions as we did for our last caption contest. But we’re going to limit the entries this time: we’re closing the comments if and when we hit the 100-comment mark. So if you’d like to enter the contest, don’t delay. Thanks.
Update (2 PM): Okay, we’ll let it get up to 200 comments. We especially appreciate suggested captions that are in some way law-related. What makes this picture relevant to ATL is the fact that the man in the bunny suit is President Bush’s chief lawyer (and a former name partner of a leading D.C. law firm).
If we just wanted to post a random, funny photo of the president with the Easter bunny, we would have used this one.
Update (4:50 PM): You seem to be having a lot of fun with this, so we will keep the comments open indefinitely. But in picking the finalists, we will focus on comments that have a connection to the legal profession (as opposed to comments that are more politically oriented or simply random).
Update (3/31/08): Thanks for all the excellent entries. The comments section is now closed.
The rabbit behind the man: White House counsel Fred Fielding [Washington Post]
Bush Hugging Bunny [Wonkette]
Here is today’s Job of the Week, brought to you by our friends at Lateral Link. Even if the U.S. capital markets may be slowing down, the overseas markets are still busy, and many firms are looking for U.S.-trained attorneys. Lateral Link has positions throughout Western Europe and Asia. These positions qualify for Lateral Link’s $10,000 placement bonus.
Position: U.S. Capital Markets Associate
Location: London, UK
Description: The London office of this U.S- based law firm seeks a U.S.-qualified capital markets attorney with at least two years of experience.
Requirements: Candidates must possess excellent academic credentials as well as strong organizational, research, writing and analytical skills.
Firm Description: This New York-based law firm ranks among The American Lawyer’s top 100 law firms based on gross revenue. The firm specializes in project finance, capital markets, and leasing and structured finance. Practice areas include antitrust, emerging markets, municipal bonds, tax, litigation, real estate and corporate.
Job Code: 8005
For more information about this and other international positions, please check out Lateral Link.
As we reported earlier this week, the latest U.S. News & World Report law school rankings are out. And some schools are flipping out over their falling rankings. A tipster at the University of Iowa College of Law writes:
[B]elow is an email the Iowa law students received yesterday from Dean Jones about the new US News & World Report rankings. Apparently our dean is setting up small group meetings with the students. No faculty. No other administration. Methinks this may be somewhat of a divide and conquer strategy. These meetings may be in part a result of the newly formed Facebook group “Stop the Bleeding at Iowa Law.”
My favorite part, though, is that the “faculty” have dubbed their concern about the rankings “Project Apollo.” Well, if they’re not going to do anything about it, at least they can come up with a secret, clever code name, so it looks in hindsight like they’ve been planning D-Day part 2. Bravo profs and administration, you’ve really impressed me this time.
Dean Jones’s email appears after the jump. Meanwhile, a source at University at Buffalo Law School reports:
For the return on investment — a Biglaw job for $13k a year in tuition (for the top of the class) — many students were OK with the shortcomings of this law school. [But] with T3 looking over our shoulder, some fellow students are contemplating jumping ship….
It’s hard to justify leaving for debt-ridden T25 greener pastures when L. Rev. and a market-paying job in the City are likely. No one likes to be on the Titanic, though.
The message sent to the Buffalo student body by interim dean Makau Mutua, after the jump.
Update (10:50 AM): Add the University of Minnesota Law School to the list of institutions whose deans are sending out school-wide emails about their declining rankings:
Students at the University of Minnesota Law School received this email today from the two interim co-deans. It’s pretty hilarious that they try to claim we are still a top 20 school even though we are now ranked #22. It’s particularly amusing that they have decided to “address the particular factors that caused a decline this year.”
The email from the school’s two interim co-deans, after the jump.
Update (11:10 AM): From a source at UNC School of Law:
Since you’re posting panicked USN&WR reactions, add this one to your list. You know it’s bad when you have to respond in Latin.
Dean Boger’s email, after the jump.
* Defense contractor accused of supplying ancient arms to Afghan army and police…. [CNN]
* While Defense Secretary Gates orders review of nuclear arsenal after accidental shipments to Taiwan…. [Washington Post]
* And AG Mukasey vows to crack down on corruption in wake of PR governor accusations…. [MSNBC]
* Meanwhile, 11th Circuit grants bail pending appeal to former Alabama governor, who claims to be the victim of a politically-motivated prosecution. [New York Times]
Today’s Lawyer of the Day has a political connection. He’s a superdelegate to the Democratic convention, as well as an Obama supporter. From the AP:
Puerto Rico Gov. Anibal Acevedo Vila indignantly denied wrongdoing Thursday and gave no sign he would abandon his re-election effort after being charged with campaign finance violations that carry a penalty of 20 years in prison.
Acevedo, a superdelegate to this summer’s Democratic convention, accused U.S. prosecutors of pursuing a politically motivated indictment alleging that the governor and a dozen other people conspired to illegally pay off his campaign debts.
“I am going to defend my rights and protect the dignity of my family and of the people of Puerto Rico who support me,” the governor said in a statement hours after the FBI arrested most of those named in the indictment in San Juan, Philadelphia and Washington area.
Fun factoid: Governor Acevedo is a graduate of Harvard Law School, the alma mater of Eliot Spitzer, another governor — make that ex-governor — facing possible legal trouble. This means that HLS has given us two Lawyers of the Day in a row; yesterday’s LOTD was card-counting queen Jane Willis.
(In Harvard’s defense, Governor Acevedo just got an LLM there. He received his JD from the University of Puerto Rico.)
Feds Charge P.Rico Governor, 12 Others [AP via Blogonaut]
Puerto Rican ‘Governor’ Somehow Caught In FBI Sting [Wonkette]
Aníbal Acevedo Vilá [Wikipedia]
* Sad news: “Jeffrey Epstein’s accuser, Maximilian Cordero, has broken it off with boyfriend – lawyer – blogger William Unroch.” [Dealbreaker]
* Justice Kennedy: “There are all kinds of nuts who can get 90 percent on the bar exam.” At ATL, we call them Lawyers of the Day. [Althouse]
* Delhi to… $33K! And the senior lawyers in India are making out like bandits. Two hundred grand goes a lot further in Mumbai than Manhattan. [Legal Blog Watch]
* Proof that Hillary truly is a badass. [Blogonaut]
Posted below is the European fee schedule of Allen & Overy. At current exchange rates — approximately $1.55 to the Euro, and $2.00 to the British pound — this means that partners bill out at about $1,050 an hour in Paris, and $1,190 an hour in London. Says a source: “Twelve-hundred bucks an hour for a partner in London? Ridiculous.”
On the other hand, if a $1,200-an-hour partner can solve your problem in six minutes — with a well-placed telephone call, or an absolutely brilliant judgment call — maybe she’s worth it. Perhaps you should be more worried about $600-an-hour junior associates (to say nothing of $350-per-hour paralegals).
Inspired by the example of the generous Hamptons-based design firm which is now offering its stagings service at a discounted price to current/former/soon to be former Bear Stearns employees (staging is cleaning and prepping a house to be shown for sale), I have decided to offer a discount on sessions to all current/former/soon to be former Bear Stearns employees. The discount is equivalent to the current value of a share of Bear Stearns stock. That is to say, $2.
I approached this decision with some trepidation. You see, in my experience finance guys usually want things in their asses. I do not offer anal play on demand. Consequently the majority of my clients are lawyers.
Over at Dealbreaker, the commenters had some interesting reactions:
“One of the few times I’m actually glad I chose law instead of finance . . .”
“lawyers already take it up the ass on a daily basis from bankers, so they probably get their fill in the office.”
“so what? a chick’s tongue up there is a wondrous thing.”
That last comment was posted by Eliot Spitzer.
In which I give back to the community [Miss Victoria X: Dominatrix in Manhattan]
Bear Stearns Crisis Brings Out The Softer Side Of Whip-Toting Hooker [Dealbreaker]