Biglaw Associate Hiring Plunges By 43%, Officially Ending The Lateral Party
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Morning Docket: 04.19.17
* Did anyone really expect Biglaw associates to jump ship so quickly for in-house jobs after the huge raises they got this past summer? According to Michelle Fivel of Major Lindsey & Africa, these days, associates "have increased standards for what they’re willing to throw their hat into the ring for, mostly based around compensation." [Law360 (sub. req.)]
* "This is so important to us from an income point of view." Thanks to President Donald Trump's "America First" immigration policies, law schools are worrying about whether their cash-cow LL.M. programs will suffer. These programs typically bring in about $350 million each year, so this is definitely something worthy of concern. [Legal Intelligencer]
* Texas law school graduates from the class of 2016 performed better in the job market than their classmates who graduated just one year prior. This data comes from the latest employment information gathered by the American Bar Association, which we imagine will be made public soon. How do you think your law school did? [Houston Chronicle]
* "I was honored to be the chair, but there is no requirement for one in the partnership agreement." Tony Valukas has stepped down as the chair of Jenner & Block, and he doubts anyone will replace him since his title was honorary in nature. [Big Law Business]
* Pedro Hernandez, the man who murdered Etan Patz -- the first child to appear on the side of a milk carton -- has been sentenced to 25 years to life in prison. [Reuters]
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Non-Sequiturs: 04.18.17
* BYU and Pepperdine are the "most ideologically balanced faculties." You know, if you want to give more fuel to the snowflakes. [TaxProf Blog]
* When will Neil Gorsuch retire? [Empirical SCOTUS]
* UCLA Law has a $20 million movie deal. Sort of. [Law.com]
* CFPB sues law firm. Wow, there's still a CFPB? [Law360]
* Zara apparently branching out into the Noe-Nazi market. And here I thought Hugo Boss had that locked up. [Fashionista]
* Do you know your state's official bird? Well, this legislator thinks you shouldn't have to and is waging the single most important policy fight in his state. [Lowering the Bill]