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Sales Assistant promotion up to General Counsel?

Through diligent networking, I have been offered an interview for a sales assistant position at a pretty presigious investment management house. I plan to parlay that position into something in the legal department (as ATL reported today, legal departments are downsizing http://abovethelaw.com/2009/04/in-house_counsel_layoff_watch.php , so I am looking for an alternative way to get my foot in the door). My question is this - if I start as a sales assistant in a Long Island branch office of a top tier investment management firm (think Edward Jones, Ameriprise, Raymond James, etc., type office), could I then lateral into the legal and compliance side and then work my way up to the General Counsel level of the company when the economy turns around?

Need litigation advice

All - I had my username stolen on another message board that I visit. I am considering legal action against the person who misappropriated my name.

From my studies at Hofstra, I can recall that I have to specify the writ that I am bringing an action under or else my claim will be dismissed. So which of the following writ(s) should I sue under: Trespass to chattels, trespass de bonis asportatis, trespass quare clausum fregit, trespass vi et armis, replevin, or detinue?

Second, I believe that a court sitting in Hempstead, NY would have subject matter jurisdiction. In which federal court should I file the writ?

I need help using EDGAR

I am trying to find Brett Favre’s recently signed contract with the Jets. I remember my securities professor telling me that all material contracts are filed on EDGAR. I have poked around on there, but I can’t find it. Can someone help me out?

Thanks,

HM

The Beefy Members of the Hofstra Law Review

Kash’s story about the guys from Proskauer Rose who ate a whole 4 pounds of meat made Hofstra Magna remember this story about the Hofstra Law Review:

During Hofstra Magna’s brief foray into the world of big time insurance fraud defense work at one of Long Island’s most prestigious insurance fraud boutiques, he was initially surprised by the party-hard culture at firm events. Once the partner left one Thursday lunch at Burger King, the event turned distinctly frat party-esque, with tables pushed together for a French fry speed eating competition.

One time, a Hofstra Law Review (“HLR”) event turned Animal House scene. The upcoming class had no problem snagging offers on the editorial board this one particular year — and some outgoing HLR editors were willing to risk their coronary health to bring them on board.

This one time, there was a farewell party for the outgoing members of the HLR editorial board. The venue was a nice anteroom at the Jackson Hole in Bayside, very prestigious, white tablecloths and all - it was fit for a diplomat.

Earlier that day, it was announced via e-mail that all of the sixteen members of the HLR who applied for the editorial board had received offers, and that six had already accepted. Then another e-mail: make that seven. Then another e-mail: make that eight.

By the time the party was under way that evening, the managing editor mentioned in his token “what a great volume” speech that yet another four staff members had accepted, so there were only four holdouts.

Then everybody had lots of drinks.

The following is hearsay: One of the not-yet-accepted staff members casually mentions to one of the editors that she’ll accept if the managing editor eats the remaining beef on the buffet.

Not hearsay: we’re talking about nearly a dozen Jackson Hole burgers, nearly a half a cow — at least four pounds of beef, cooked. Note further, this is *after* everyone had dinner and dessert. Lengthy negotiations ensued, [which] got progressively more and more serious as they became more and more specific. (E.g., did the person eating the beef have to keep it down? Yes, for at least 15 minutes.) At one point, another interested staff member checked in: “Hey… where are we on beef?”

In the end, the deal was that two staff members would accept their offers if two editors could finish the remaining beef in 15 minutes. Two editors rose to the challenge, including one who played high school football and once scored four touchdowns in one game.

While the beef was being consumed, one of the staff members generously granted the editors another five minutes.

20 minutes later: beef consumed. Offers accepted.

It was the coolest thing ever and now whenever someone says “Where’s the beef?” at a Hofstra event, everyone laughs because the HLR editors ate it all, all 4 pounds of it.

This one time, at Hofstra

In honor of Hope writing that fulfilling piece about scandals at her biglaw firm, I decided I would write about a big scandal at Hofstra.

It was my 1L year. I was taking contracts, property, criminal law and constitutional law. Earlier that day I had read Marbury v. Madison. It was super awesome. Then, suddenly, I found out there was going to be a party at the most prestigious nightclub in Jericho. This club is uber prestigious, but I don’t want to name it because I have changed names in this story.

Anyway, that night, after I read Marbury v. Madison, which was totally awesome, I took the Jericho Turnpike over to Jericho and approached the club. It was like a scene out of a movie. Everybody was so cool hanging out there. I was wearing my Mike Piazza jersey, with a black tanktop underneath it and a Mets lid on backwards. When I got to the front of the line, they made me turn my hat around. It sucked, it was like a total police state, the undersexed meathead bouncers were not allowing me to express myself.

So I got in and proceeded to meet up with some guys from my section. They started talking about the Rule Against Perpetuities, but I didn’t want to sit there and listen to how no interest is valid unless it vests within 21 years of all lives in being. I wanted to ask them what their favorite toppings on Nathan’s hot dogs were and whether they thought the Mets had a good chance to do damage in the playoffs. So I excused myself and told them I had to go to the bathroom.

I immediately met up with the cool kids from my section. They were talking about the Jets and making fun of professors, my favorite hobby.

As I polished off my first Jager bomb, I realized I was getting pretty buzzed because I had a single shot of Apple Pucker right before that. As I looked around the room, I realized people were starting to hook up. I had left the group and was standing in the corner throwing off the vibe by myself because I didn’t want to talk to any more law school people because they are all so socially awkward but I am not, so I decided some alone time was best.

As I stood alone in the corner, I was watching the dynamics of the room. Everyone was impervious to the fact that their moral and intellectual superior was standing in the corner watching. One guy, who was the teaching/research assistant for our constitutional law prof was totally getting ready to hook up with this girl from my section, who I totally could have hooked up with if I wanted to because all the chicks love me. But I don’t want to hook up with chicks just for the sake of hooking up. Especially not the undersexed, ugly introverted law school chicks. I’m too good for them.

I walked up to them and told the guy that if he hooked up with the girl, it would be in violation of the honor code and that I would report them. I think they hooked up anyway.

Then, the song “Nothing but a Gangster Party” came on, and this guy named Tony from Mineola grabbed the mic and every time the loop said “Ain’t nothing but a gangsta party”, he yelled out “ain’t nothing but a Hofstra party” and everyone erupted. It was so awesome. Then, Tony and some his buddies decided they were going to Dirty Jers to scoop up some chicks, and they offered me to ride along, as long as I paid for gas and sat in the back seat of the PT Cruiser.

So we rolled out, and everybody was like “There goes Tony and all the cool guys, including Hofstra Magna.” When we got in the PT Cruiser, we couldn’t stop talking about the “Hofstra Party,” which is what we called it after it was over.

Then, when we got to Jers (I was totally bombed from the Jager and Apple Pucker) my buddy Tony did this dance and we videotaped it. I can’t believe that teachers assistant hooked up with the student. It was such a scandal, but the “Hofstra Party” and the song “Nothing but a Hofstra Party” will live forever. Here’s the dance Tony did:

http://www.youtube.com/watch?v=8rYcfO_BK5w&feature=related

Dreams Deferred - How the Credit Crisis May Prevent Me From Being An I-Banker

Until this morning, I had a solid plan to attend Zarb (Hofstra) and go into I-banking, PE or Hedge Fund Management, which would have been easy given my Triple H credentials. Unfortunately for me, Zarb, being the best business school on the Island, is pretty expensive and would have required me to borrow over $100k for tuition and living expenses.

I completed a FAFSA and worked with several private lenders to cover what the Staffords won’t cover, and get this, student loan companies are rejecting me as a debtor. They asked how much student loan debt I currently have, which is about $285k between principal and accrued interest from my undergrad and law degrees at Hofstra. Every lender has said I have too much debt and they are not willing to work with me until I pay it down.

That’s such a joke. I told the lady at one of the lenders I spoke with this morning that when I get done, I’ll be making like half a million year and I’ll pay them back within 5 years, but she said the “system wouldn’t let [her] make the loan even if [she] wanted to.” WTF???

Has anyone else had an injustice of this magnitude happen to them with respect to law school or business school funding?

Suitable haircuts for male attorneys

I just finished my first week at an unpaid summer internship for one of Long Island’s top insurance fraud defense boutiques, and the attorney with whom I am working stated that my “haircut was not very professional.”

I have a blowout. It is the only haircut that I am comfortable with. What am I supposed to do, comb it down so I look like a total herb? No way.

I don’t want to get fired because (a) rumor has it that last year the attorney took the summer intern to Jackson Hole for burgers on his last day and (b) I think this will be great work experience leading up to my MBA at Zarb. What should I do? Should I change my haircut or keep the blowout?

Top NYC Area Law Schools

Based on an informal survey of colleagues and friends, I present to you my NYC area LS rankings based on a general consensus of reputation amongst practitioners in Long Island and New York City:

TOP TIER (go to the highest one you get into - everyone gets a good job):

1) Columbia
2) NYU
3) Hofstra
4) Fordham
5) Cardozo

SECOND TIER (go to the one that is the cheapest - jobs are a crapshoot):

6) Brooklyn
7) St. John’s
8) NYLS
9) Pace
10) CUNY

THIRD TIER (Retake the LSAT - if you really want to go to LS, settle for one of these, but buyer beware):

11) Touro
12) Rutgers (Newark)
13) Seton Hall

What does everyone think? The shortcomings of the US News Rankings have been widely discussed, so maybe ATL can have a series of threads on each major metro area so prospective students can see where respective schools stack up against each other, without the gaming and sampling bias that plagues the US News Rankings.

Best,

HM

Recruiting at Hofstra - Is it improving?

When I went to Hofstra a few years ago, the place was abuzz with V50 firms from the City looking to fill their ranks with the best and brightest Hempstead had to offer. Could a current Hofstra student comment on this question: With Hofstra’s meteoric rise into the T100, are employers being turned away from Hofstra to make room for expanded recruiting from Wachtell and Cravath?

Comments

Posted by HofstraMagna in "Nationwide Layoff Follow-Up: More Numbers From Baker Botts" Friday, August 28, 2009 3:35 PM

I'm glad I don't work at Baker Botts. These guys can forget about recruiting at Hofstra for the next decade or so.

Posted by HofstraMagna in "Breaking: UCLA Law Dean Michael Schill Will Leave for Chicago" Tuesday, September 8, 2009 1:51 PM

Dear Future Elie:

I have a fantasy football draft tonight. It is in a keeper league. Now that Favre is gone, should I draft Sanchez in the first round? Does he take the Jets back to glory? Thanks.

Posted by HofstraMagna in "Lawsuit of the Day: Worst Safety Drill -- and Christmas Eve -- Ever" Tuesday, September 8, 2009 3:26 PM

Paging Future Elie:

Please tell me if Sanchez is going to be good over the next few years. Will the Jets win the Super Bowl?

Posted by HofstraMagna in "Cleary Lawyers, The NYAG Would Like to Meet You" Tuesday, September 8, 2009 4:13 PM

Future Elie:

Please help me ASAP, my fantasy football draft is in a few hours and I need to know whether I should draft Sanchez. Will he make the Jets better? Will he be good? Where are you, Future Elie?

Posted by HofstraMagna in "Cleary Lawyers, The NYAG Would Like to Meet You" Tuesday, September 8, 2009 4:46 PM

Elie - thank you for responding, but I was hoping for some of Future Elie's insight because he is from the future and you're just guessing based on whatever your Nintendo DS told you (I assume you are playing Nintendo DS, right, surely someone begging for a student loan bailout is living in poverty and can't afford a PS3 or XBOX?). However, I would be ecstatic with a 12-4 record this season followed by a Super Bowl victory.

14 - Where I come from, Jets players don't last too long past the first round. At best, I'm hoping to be able to get Sanchez in round 1 and Greene in round 2. This is a keeper league and I still have Brett Favre from last season because some idiot traded him to me for Tom Brady before the season. I would definitely start Sanchez right off the bat. I just wish the Jets would go out and get Colston. Remember how awesome the last Hofstra player on the Jets was?

Posted by HofstraMagna in "Hamline Law Faculty Might Need Some Ritalin" Thursday, September 10, 2009 10:46 AM

I had ADD during law school, too. The school gave me extra time to take my exams and I finished Magna. Haters who didn't finish at the top of the class tried to call me "asterisk" as they said my Magna should have an asterisk next to it. The only thing worse than suffering from chronic ADD is having people chastise you for it. I hope this lady wins, but she will always be kind of a loser for working at a TTT.

Posted by HofstraMagna in "Clerkship Application Season: D-Day" Thursday, September 17, 2009 4:34 PM

Double Hofstra.

Magna.

Law Review.

Clerkship at a specialized court in NJ.

Posted by HofstraMagna in "Harvard Law School to the Rescue" Friday, September 18, 2009 10:51 AM

Elie - Any update on whether Hofstra has taken this hard line stance as well?

Future Elie - Should I start Sanchez or Pennington at QB this week?

Posted by HofstraMagna in "UVA 3Ls Threaten to Eat Their Young " Friday, September 18, 2009 11:45 AM

Some jealous D-bags at Hofstra tried to tell me I wasn't really Magna because had the top people not transferred out of Hofstra after 1L, I would have never graduated Magna. They are douches and these guys at UVA are douches.

Posted by HofstraMagna in "Deidre Dare Proposes Prostitution as a Layoff Solution?" Monday, September 21, 2009 1:14 PM

There must be some pretty hard up blind dudes in Russia if she thinks she can get $2500. Surely, though, this will help get her name out there which will help her land a new job. She should just network instead of resorting to this. Even Hofstra's career services office knows that networking is the best way to get a job, why can't she figure that out?

By the way, Elie's Madden 2010-based prediction of the Jets having a good season is coming true. Keep up the good work, Elie.

J-E-T-S

Posted by HofstraMagna in "Should 2Ls Accept All of Their Offers to The Detriment of Fellow Students" Monday, September 21, 2009 6:30 PM

Don't hoard offers. Hoarding of offers is why I didn't get into Cravath or S&C. It's not cool, don't do it.

Posted by HofstraMagna in "Lawyer of the Day: Stephanie Birkitt, Cardozo Law Grad and Ex-Letterman Lover" Friday, October 2, 2009 2:24 PM

Cardozo? Please, if it was free she should have at least gone to a good school, like Hofstra.

Posted by HofstraMagna in "Lawyer of the Day: Stephanie Birkitt, Cardozo Law Grad and Ex-Letterman Lover" Friday, October 2, 2009 2:47 PM

7 - you are an idiot - Hofstra has been ranked 3rd in the NYC area, 2 spots ahead of Carbozo.

http://abovethelaw.com/community/2008/05/top-nyc-area-law-schools.php

Posted by HofstraMagna in "Bloomberg to Compete with Lexis and Westlaw" Tuesday, October 6, 2009 12:11 PM

OMG Elie, you almost considered interviewing there? I did interview there, but they passed on me. It would have been boss if we worked together, though. We could have talked about the Jets all day and we would have been BFF. That would have been awesome.

Posted by HofstraMagna in "Breaking: Arrest at Ropes & Gray in Galleon Insider Trading Case" Thursday, November 5, 2009 9:51 AM

Does anyone have the hiring partner's contact information? Surely, they will be hiring to replace the work that was being done by the accused, right?

Posted by HofstraMagna in "Police Pay Informant to Frequent Prostitutes. Court Cries Foul." Monday, November 9, 2009 2:39 PM

I just talked to a potential client who is a janitor at Pace Law School. He told me that he is looking to sue a student who threw a nickel into a trash can full of vomit a few hours ago. The vomit splashed back on him and he is now not feeling well. I want to help the guy out, but my guess is that the tortfeasor is judgment-proof and since he clearly couldn't get into a good school, like Hofstra, his employment prospects and future earning potential are dismal at best. Thoughts?

Posted by HofstraMagna in "Morning Docket 11.10.09" Tuesday, November 10, 2009 10:10 AM

So let me get this straight - you guys think the recovery in the ADA case will be zero, meaning that my, errr, this guy's lawyer's 1/3 share of that will be zero, right? Why would the disability law profs at Hofstra tell us, I mean his lawyers, to take an expansive view of the meaning of a place of public accomodation if the courts aren't doing so. I think this guy is going to win big and you guys are all idiots.

Posted by HofstraMagna in "The ABA Has a Plan for Law School Loans" Wednesday, November 11, 2009 2:44 PM

Oh man, I have $297,000 in private loans from 7 years at Hofstra (I avoided taking out federal loans because Citibank offered a free Mets beach towel each year if you signed an exclusive loan agreement with them, so I avoided the Stafford and Perkins Loans like the plague and now I have a pretty boss set of 7 Mets beach towels). Does this mean I can roll those loans into federal loans and get a forebearance? Would I be in breach of my agreement with Citibank if I did that?

Posted by HofstraMagna in "Seyfarth Shaw: Salary Cuts and Deferral Extensions, Oh My" Friday, November 20, 2009 3:11 PM

Seyfarth can forget about ever recruiting at Hofstra after this. What a joke.

Since this only impacts a limited number of associates, I bet they offered each one a different amount of money per month, and now the one who was offered $2000 is going to find himself going from the deferred line to the rescinded line.

Posted by HofstraMagna in "Non-Sequiturs: 11.20.09" Friday, November 20, 2009 5:56 PM

Whoa, the real story in these stories is that someone was dumb enough to transfer from Hofstra to NY Law School. Everyone knows Hofstra is way better.