Imagine that you are an associate at a law firm who is taken out for the “last drink.” And you are forced to deplete your savings, and now you can’t pay your bills, and your credit score suffers — greatly.
Now, imagine that you land an interview. And the potential job has a box on its application that you check — allowing them to check your credit. Ding! So, essentially you can’t get a job because you lost a job, and now you need a job to cover your bills that have accrued since you lost the first job.
Ed. note: This is the latest installment of The ATL Interrogatories. This recurring feature will give notable law firm partners an opportunity to share insights and experiences about the legal profession and careers in law, as well as about their firms and themselves.
Larren Nashelsky is the chair of Morrison & Foerster. Prior to becoming chair, Mr. Nashelsky focused his practice on U.S. and international restructurings, including Chapter 11 reorganizations, workouts, restructurings, secured financings and distressed acquisitions and investments. Larren is a graduate of Hofstra University School of Law.
In 1920, Lydia C. Chamberlain, a woman from Des Moines who moved to Manhattan, donated her $500,000 estate to create a fellowship at Columbia University. The fellowship had a few restrictions. Notably, recipients were not allowed to study “law, medicine, dentistry, veterinary surgery or theology.” Ha. Seems reasonable. Oh, and the recipients had to be from Iowa and had to move back to Iowa after completing their studies.
This kind of dead-hand control should really not be allowed in our modern, global society, but that’s not why the “Lydia C. Roberts graduate and traveling fellowships” is making news today. It’s making news because the other restriction is that recipients of the fellowship have to be white. “Of the Caucasian race” is the exact formulation.
This isn’t just a story about racism, it’s a story about institutional advantages white people have that some of them pretend to not even be aware of…
LSATs are lower than in previous years. There’s been an arms race with LSATs and GPAs [among top law schools], but I think the shrunken pool has forced admissions officers to think about what we really need in our class, and it’s not just the LSAT. I think we are choosing substance over LSATs.
– Sarah Zearfoss, dean of admissions at the University of Michigan Law School, explaining to The Careerist that with fewer applications, Michigan is starting to consider substance (implying that she doesn’t think the LSAT is substantive).
Apparently attorneys for pimps are equally colorful if a New York sex-trafficking trial is any indication. And comparing the prosecution’s expert to a prostitute is not the only wacky legal tactic in the case.
Why can’t I ever get this case when I get called for jury duty?
It’s the hypocrisy that bothers me first. Lawmakers at the National Transportation Safety Board have recommended that states lower the legal blood-alcohol concentration for drivers from .08 percent to .05 percent. For a normal-sized person, that’s going to be little more than a glass of wine with dinner. For a guy like me, that means I’ll only be able to have one bottle of whiskey. In a country that claims it can’t be bothered to run a simple background check before allowing people to legally purchase military grade weapons over the internet, we’re thinking of criminalizing having some wine with dinner and then driving home.
I suppose you could have all the alcohol you want if you drive home in a freaking tank, because as long as there is a gun involved, the government isn’t allowed to do squat.
But even if we ignore the hypocrisy and move past the obvious enforceability problems of turning nearly everybody on the road after 1:00 a.m. into a criminal, there’s still another huge problem with this NTSB recommendation. It’s a “national” standard for what absolutely is a state-by-state concern.
That’s right, I said it, I object to this recommendation on federalism grounds….
You’ll be popular. Just not, quite as popular, as, meeeee!
* Now that Republicans have some actual issues to concern themselves with, they’re going to… vote to repeal the Affordable Care Act again? My God, they’re dumb. [New York Times]
* Sonia Sotomayor has the highest name recognition on the Court. Kennedy is the most liked. Clarence Thomas has lower favorability among African-Americans than he does in the population as a whole. [Public Policy Polling]
* Aside from bitching, is the anything the AP can actually do about the DOJ subpoenas? [National Law Journal]
* The Obama administration is running a $51 Billion dollar profit off of student loans. Billion. With a ‘B.” As in “these students are my Bitch.” [Huffington Post]
* Liberals could learn a lot from the Federalist Society. [ABA Journal]
* This is an interesting “equal time” issue. Should a network run a reality series about a prosecutor’s office when that prosecutor is up for reelection? [Daily Business Review]
The actress decided to take the preventative measure after genetic testing determined that she had an 87 percent risk of breast cancer and a 50 percent risk of ovarian cancer.
Now, Jolie is a movie star married to another movie star, so the decision to undergo an expensive procedure did not deter her like it will many women in the United States.
Not the mastectomy. Insurance usually covers that if the patient presents such risks. No, the expensive procedure is the initial genetic testing. And the Supreme Court might be able to do something about that in the next couple of months…
* Even JFK had mommy issues. Unfortunately, his came with possible nuclear armageddon. [Lowering the Bar]
* Washington, D.C. is a horrible back-biting hellhole. Except for the D.C. Circuit, where Judge Tatel and Chief Judge Sentelle apparently hold weekly kumbaya circles and talk about their feelings. [Concurring Opinions]
* Prosecutors file motions to keep George Zimmerman’s lawyers from bringing up Trayvon Martin’s past in the trial. Probably because “getting into school fights” is not particularly probative of “deserved to get murdered.” [WKMG]
* Another look at the DOJ/AP scandal from a unique perspective: a privacy lawyer who used to be a journalist. [Inside Privacy]
* Jones Day landed the plum job as restructuring counsel for Detroit by one “point.” [AmLaw Daily]
* When you’re choosing an expert witness, you should really look for that elusive “part-Don Draper, part-Lois Griffin” type. [The Expert Institute]
* This was an actual problem I encountered when I had to edit the bills of some of my colleagues. [First World Lawyer Problems]
For soldiers who risked their lives in circumstances where bullets are flying around like rain and wind, if you want them to get some rest, a comfort women system was necessary. That’s clear to anyone.
Dear Republicans who are multi-orgasmic over this IRS scandal, just skip this article. Skip the comments. We get it: “OBAMA… had the GOVERNMENT… like, DO STUFF… which PROVES that taxes are bad!!!” Click over to Red State and bathe in the echo chamber. Here, the adults need to have a talk.
My question for the lawyers is this: how are we supposed to check the validity of groups asking for 501(c)(4) tax-exempt status? I mean, let’s look at this “scandal” in the way the justice system will look at it, without all the partisan accusations:
Group asks for 501(c)(4) status.
Group has anti-government message in its very name.
Group doesn’t apply for 527 status as a political organization because???
IRS asks questions to figure out if these groups are really “social welfare” organizations.
???
CONSERVATIVE OUTRAGE!!!!!
I’m open to the possibility that the IRS did something wrong. I’d just like somebody to tell me what the hell they were supposed to do? Just rubber stamp it? Because if that’s true, I certainly think this website is concerned about the “social welfare” and would like to be tax-exempt.
Maybe we should ask the woman in charge of the IRS Exempt Organization Division if we can get tax-exempt status? She’s actually getting an honorary tribute at a law school this weekend…
A commenter on our story from last month about salaries for Boalt Hall law professors requested data about faculty compensation at UC Hastings. Ask and you shall receive. As noted over at TaxProf Blog (via the ABA Journal), the median salary for an assistant professor at Hastings is $112,942 and the median salary for a tenured professor at Hastings is $187,221 (not counting summer stipends).
Watch to find out what some of our subscribers received in their May box!
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We currently have a number of active openings for associate roles at US and UK firms in HK / China, Singapore and two new in-house openings. As always, please feel free to reach out to us at asia@kinneyrecruiting.com in order to get details of current openings in Asia, as well as to discuss the Asia markets in general and what we expect for openings later this year. Our Evan Jowers and Robert Kinney will be in Beijing the week of March 25 and Evan Jowers will be in Hong Kong the week of April 1, if you would like to meet them in person.
The US associate openings we have in law firms are in the usual areas of M&A, cap markets, FCPA / white collar litigation, finance, and project finance. The most urgent of our top tier (top 15 US or magic circle) law firm openings in Asia (among many other firm openings that we have in Asia) are as follows:
• 2nd to 5th year mandarin fluent M&A associates needed in Beijing and Hong Kong at several firms;
• Korean fluent 2nd to 4th year cap markets associate needed in Hong Kong;
• 2nd to 5th year Japanese fluent M&A associates needed in Tokyo;
• 4th to 6th year mandarin fluent cap markets associate needed in Hong Kong;
• 2nd to 4th year M&A / cap markets mix associate needed in Singapore.
The last time I flapped my wings your way, I tried to make at least enough noise about your mobile phone to make you more than a little bit uncomfortable. I hope I did. If enough of us become anxious enough about the known and unknown unknowns and knowns in our mobile phones, then we can start making wise decisions about how to manage that information and its resultant investigations.
Today, I’d like to put a finer point on the last installment’s topic by asking a question that seemed to catch most attendees off-guard at a conference panel that I moderated last week: is there discoverable personal information in a mobile app? Our panelists’ answer was a uniform “yes” with one stating that, if he had to choose only one type of data that he could discover from a mobile phone, he’d choose app data. Why? Because there’s simply so much of it and because almost all of it is objective – not just user-created like an email – but machine-tracked like GPS, usage duration, log in and log out times, browsed web addresses, browsed actual addresses. Also, most of us seem to have the idea that data doesn’t actually “stick” to our mobile devices the way it “sticks” to our hard drives. Maybe there’s a disconnect based on the fact that our phones are mobile so we assume the data is mobile to?
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