That’s not the way we do business. We’re not Republicans or Democrats.
– Chief Justice John Roberts, speaking at the University of Nebraska-Lincoln College of Law. The Chief Justice has made dispelling the impression of partisanship the cornerstone of his public relations efforts, pointing to a steady stream of 9-0 decisions. It’s a talking point that Dahlia Lithwick has termed faux-nanimity. Still, the Chief Justice soldiers on, hoping that no one looks into what Virginia Thomas is up to or where Justice Scalia goes hunting.
Trial by jury is the palladium of our liberties. I do not know what a palladium is, having never seen a palladium, but it is a good thing no doubt at any rate.
– Mark Twain, offering a stirring tribute to the American legal system. This quote, among many others, appears in a new compilation of Twain’s commentary on lawyers and the law entitled Mark Twain v. Lawyers, Lawmakers, and Lawbreakers. Palladium is a rare metallic element with atomic number 46, but we’re guessing Twain was going for another definition.
I am incompetent! Anybody who thinks they are representing an innocent person and can’t convince a jury is incompetent or ineffective.
– Ira Dennis Hawver, a lawyer who showed up to his disciplinary hearing dressed as Thomas Jefferson. Hawver was… wait, what? Dressed as Thomas Jefferson? Yeah. I guess that’s the sort of thing Tea Partiers do. Anyway, Hawver was defending himself against possible disbarment after he royally botched a death penalty case with his “my client couldn’t have done it because he wouldn’t have left a witness alive” defense — making his turn at cosplay the second dumbest argument he’s made in the courtroom.
Two years ago, the LSAT was given to more than 104,000 people. Last year it was given to 52,000 nationwide, a 50 percent drop. Law is no longer seen as the golden calf. This is very hard work. It’s not Boston Legal.
You don’t walk into the office and pop open a scotch and sit around chatting with your partners about the ball game. It’s emotionally draining. You’re only as good as your last trial, your last settlement. You are constantly looking for more clients. Going to law school is not the automatic $120,000-a-year job.
Size matters, and to be successful today you really have to be in that Am Law 50.
– Alan Levin, managing partner of Edwards Wildman, commenting on the importance of being viewed as a “tier 1″ law firm in the overall Biglaw hierarchy. Levin identified possible merger partners by commissioning a study to separate firms into “tier 1″ and “tier 2″ groupings. Locke Lord was considered a “tier 1″ firm, and Levin will become vice chair of Locke Lord Edwards if the merger goes through.
We can help you waste thousands of dollars in taxpayer money to fight for what you sort of believe in.
– “William Hostetler,” the fictional voice of the very real law firm BakerHostetler. BakerHostetler, recently hired by congressional Republicans to spearhead their infamous lawsuit against President Obama, got a send-up on last night’s Tonight Show with a phony ad in the style of every ambulance-chasing firm ever committing to help you, the viewer, work out your frustrations with a frivolous lawsuit against President Obama.
To ask the students to, on top of [paying for law school], do an internship and not get paid for it, I think that’s just ludicrous. The ABA should do better.
– Monalisa Dugué, a student at Valparaiso University Law School, commenting on the fact that the American Bar Association prohibits law students from receiving monetary compensation for academic credit-bearing internships and externships. Dugué, a mother of two, was forced to leave an internship this summer because working for free “became too expensive” — her financial situation eventually became so dire that she “couldn’t even afford to put food in the refrigerator.”
(The ABA had the chance to revise its rule barring pay for academic credit-bearing internships and externships this summer, but law students’ hopes were quickly dashed. Better luck next time, struggling students.)
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
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: