After four days of deliberating over whether or not former baseball great Barry Bonds lied about his use of steroids and other performance-enhancing drugs, the jury could not reach agreement on a number of charges the government made against Bonds.
But the feds nailed him on the obstruction of justice count. From ESPN:
The guilty verdict on obstruction of justice means the jury believed Bonds hindered a grand jury’s 2003 sports doping investigation by lying.
The judge, after speaking to the jury foreman, said she believes the mistrial is the proper decision given that the jury believes it has reached a crossroads.
We’ve seen it in California; we’ve seen it in New York. Now it looks like Puff the Magic Grade-Inflating Dragon is heading for Washington, D.C.
Yes sir, a school in the D.C. market has decided that the reason its students can’t get jobs has nothing to do with the quality of education or services the school provides, and everything to do with how the school itself calculates student GPAs. And so we have another institution of legal education that is poised to randomly make its curve a third of a grade easier. And the school will also introduce the dreaded A+ — which is worth 4.33 points and should be written on construction paper in glitter, to emphasize how absurdly weak it is for a person over the age of 14 to receive an A+ on anything.
CORRECTION: As pointed out in the comments, the new grade is an A+*; the A+ already exists. I’m sorry, but my little brain could not comprehend such a thing as an A+*; I thought it was a typo.
And the school’s students — who should be embarrassed by this blatant inflation of their grades, in the same way that governments cringe when they are forced to devalue their currencies — are so hopeful that this little gimmick will work that all they can do is ask if the inflation will be applied retroactively to their previous grades.
So really, the only question left is whether this trend will catch on with other D.C.-area schools, rendering the efforts of the first inflator functionally moot….
A trial was scheduled to start in Kansas federal court on June 14, 2011. Defendants moved for a short continuance because one of their lawyers is expecting his first child on July 3. (The lawyer in question, Bryan Erman, is quite cute — check out that chin dimple.)
You know associates are pissed when they end their emails to Above the Law with lines like this one, from a message we received last night:
NO ONE SHOULD COME HERE. EVERYONE HERE SHOULD LEAVE.
Jacob Riis photographs associates at one Biglaw firm
That’s what happens when you tell your associates that they’re going to get paid significantly below market and like it.
Several firms have not yet announced spring bonuses, and associates at these firms are annoyed. But there are only a handful of Biglaw firms that cut associate salaries back during the recession and have not yet brought their people back to market-level base compensation.
One of the firms that is lagging behind the rest of the market had an “all associates” conference call yesterday, during which management tried to explain why associates were being underpaid and undervalued by the firm.
Law firms, and in-house law departments, should be outer-directed.
I realize that I just invented the word “outer-directed,” and sensible people might choose to call this concept being “client-focused.” But “outer-directedness” is broader than mere client focus — and I invented the word, so it’ll mean what I want it to mean.
At a firm, lawyers should naturally be client-focused, in the sense that client work comes first and most internal matters come second. “Outer-directedness” implies not just client focus, but a more general external focus — devoting efforts to impressing the world, rather than to impressing others within the firm.
We should naturally spend our professional time serving our clients. And, in a law firm setting, we should spend our semi-professional time gazing out through our office windows, not peering inwardly down our own corridors. If a case just settled and you have some free time, spend that time impressing the world, not your colleagues. Join a non-profit board, work for a bar or trade association, write an article, give a talk. Raise both your personal and your firm’s profile. That benefits the world and serves institutional purposes. Don’t spend your spare time impressing your colleagues.
We should of course be nice to each other, but that’s civility, not having an undue inner focus. I’m opposed only to the stuff that goes beyond civility, which I’ll delicately call “office politics”….
I was kidding around with some of the guys at my gym, tossing around the question – would you fight Mike Tyson for $3 million?
One of them joked – I think he heard this on Howard Stern – that he’d fellate Mike Tyson for $3 million. He could spend the first $1 million on mouthwash and retire on the rest.
Then another guy spoke up, a sometime professional heavyweight boxer. (I’m not making this up, he really has boxed, for big money, not too long ago – and has plans to do so again.)
“It’s not worth it. Mike would destroy you. There would be no retirement.”
He went on to explain what he meant. He knew from experience – this guy had been in the ring. You’d have more than bruises – you’d have concussions, brain injuries, damaged bones and joints. You’d never be the same – and it wouldn’t be worth it. You’re better off not having $3 million but appreciating the finer things, like being able to walk and talk and think.
I saw his point.
Biglaw is also not worth it, even for big money. That’s because it, too, destroys you – just like Iron Mike…
So this month, we went out of our way to nominate potential Lawyers of the Month who were still breathing. The desire of our readers to bestow this honor posthumously is laudable, but we don’t want to this feature to end up like the “dead people” reel at the Oscars, where folks bet on which deceased celebrity will get the most applause.
Being forced to choose only among living candidates, Above the Law readers perhaps started another trend we’re sure to see in future Lawyer of the Month contests: they voted for a guy who is no longer a practicing attorney…
* The oldest continually operating law firm in Austin, Clark Thomas & Winters, has gone the way of Howrey. [Austin American Statesman]
* If you want to teach high schoolers about privacy, speak to them in a language they understand: embarrassment. [Kashmir Hill / Forbes]
* Can a U.S. state prohibit pre-viability abortions based on concerns about fetal pain? Professors Glenn Cohen and Sadath Sayeed, of Harvard Law and Harvard Medical Schools, respectively, tackle this question. [SSRN]
* Will Maryland be getting medical marijuana? [Underdog]
I was explaining to new Above the Law helper Natasha Lydon how things work in the ATL, and I said: “Basically, from now until finals, we’ll be able to run a ‘stupid law student story’ every day. The kids are stressed, and it’s starting to show.” On cue, I received an email from a law student tipster, with the following subject heading: “Bozo the Clown.” Hilarity ensued.
Above the Law has a long and proud history of documenting the thievery of law students. Who can forget the Tulane Law student who stole a piece of Americana, a shoe worn by Mr. Rogers, from the Louisiana Children’s Museum? Going even further back, there was the Michigan Law student who liked to go around stealing other people’s sandwiches.
Today we’re going to add to that tradition by telling you about the apparent theft — or liberation, depending on how you look at it — of Bozo the Law Library Clown…
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: