A look at the law schools of the South, based on our ATL Insider Survey.

* Law School Transparency? Nay, Biglaw Transparency! Peter Kalis, global managing partner of K&L Gates, just opened the kimono wide on his firm’s financial performance in an “unusually detailed” fashion. [Wall Street Journal (sub. req.)]

* Talk about a pain in the pocketbook: according to American Lawyer, profits per partner and revenues are slowly swirling down the drain at several Biglaw firms, with shrinkage of 16 percent in PPP at one firm. [Thomson Reuters News & Insight]

* The ABA is just now thinking of trying to find someone who will audit the graduate employment data that law schools release each year. Gee, it only took 15 fraud lawsuits to get the ball rolling. [National Law Journal]

* Oh my God, you guys, carrying six figures of law school debt on your shoulders is “unsustainable” in the long run, especially when your salary sucks. This is new information that no one’s heard before. [News-Gazette]

* Former U.S. Attorney Jim Letten is now Tulane Law’s new assistant dean for experiential learning. For the school’s sake, hopefully he’ll be able to control his students better than he did his AUSAs. [Tulane Hullabaloo]

* “You’re a cold-blooded murderer and I’ll stare you down until I die.” Drew Peterson was sentenced to 38 years in prison for the murder of his third wife. A sequel to the Lifetime movie is likely forthcoming. [Reuters]

Wherein we give some credit to overlooked law firms and law schools based on positive responses to the ATL Insider Survey.

In our dual Lawsuits of the Day, we read about some men who are allegedly having trouble appropriately managing their, errm, manhood…

Last week, when we first wrote about Bruce Reilly — the Tulane 1L who committed a murder nearly 20 years ago — we noted that when he outed himself on his website, he posted a t-shirt that read, “F**k Google, ask me.” It appears that many Tulane Law students did just that. We’ve already heard from the Tulane students who don’t know Bruce. We’ve heard their concerns and opinions. Now let’s hear from some of Bruce Reilly’s new friends on campus….

From what we hear, it’s been a wild couple of days at Tulane Law School since we outed the convicted murderer in their midst. Well, we didn’t out him. Bruce Reilly outed himself on his blog (that he has since taken down). But being profiled on Above the Law can sometimes stir up the pot. Our Tulane readers have been asking to know more about the actual murder Reilly served time for. We’ve dug up some of the old reports….

You have probably never heard of Charles Russell, but he was a professor who was murdered in 1992. His attacker served 12 years in prison and admits his guilt. The man who killed Professor Russell is named Bruce Reilly. And after a lot of work, he was accepted into the Tulane Law School for the class of 2014. Does that sound like an amazing success story about a guy who has turned his life around? Well, you haven’t heard Tulane Law students tell it….

On what basis can one be confident that law schools acquaint students with prosecutors’ unique obligation under Brady? Whittaker told the jury he did not recall covering Brady in his criminal procedure class in law school. Dubelier’s alma mater, like most other law faculties, does not make criminal procedure a required course. [FN21] [FN21] See…

In case you were too busy watching the End Times unfold in Japan last Monday, back in sunny L.A., music soared and angels cried as second-time-around Bachelor Brad Womack finally selected a fiancée from a cumulative pool of 60 desperate women. As ABC production assistants stood just off camera with guns, Brad and his fiancée…

The volume of applications to law schools nationwide is down by about 13 percent for the fall 2011 class, as noted recently by the Daily Journal (subscription). This is positive news. Maybe it means that people who are thinking prudently about their futures are finally getting the message that law school is no longer a…