UPDATE (3:00 p.m.): Maybe there’s a joke in there that was a tad too dry. Let’s just say there’s a reason why we — who advise against going to most law schools — would be “alright” with one of the law schools Shaq has mentioned because we don’t think he’d really end up going there.
‘Have spent all day fending Edna off my graphite shaft.’
We already knew that Biglaw firms aren’t exactly the most friendly places for women. We already knew that some male lawyers are still quite miffed that women invaded their good old boys’ clubs. What we didn’t know was that some Biglaw firms would go so far as to essentially sign off on their partners’ extremely sexist views.
Which firm recently found out that one of its partners was involved in a sexist email scandal, and is doing absolutely nothing about it?
You might die on Mars, but you’d probably be employed.
* Due to the extreme polarization of SCOTUS, with its near constant 5-4 opinion line-ups, “it becomes increasingly difficult to contend … that justices are not merely politicians clad in fine robes.” Yep. [The Upshot / New York Times]
* Tim Wu, the Columbia Law professor who first introduced the term “net neutrality” to the world, had two of his clerkships (Posner and Breyer) “arranged” by Professor Lawrence Lessig. If only we could all be so lucky. [New York Times]
* We’re getting the sinking feeling that the lack of diversity in law school is one of those problems that everyone and their mother claims to be trying to fix, but the lack of momentum keeps it from ever truly improving. [National Law Journal]
* When contemplating what law schools would have to do to get a bailout, this law professor has three ideas, and they involve changing her colleagues’ lives in uncomfortable ways. Well played. [Boston Globe]
* Cole Leonard is struggling to decide between going to law school and going to Mars. Well, he’s more likely to have a job doing anything on Mars than here on Earth as a lawyer. HTH. [Dallas Morning News]
* The L.A. Clippers have a new CEO, for the time being. Say hello to Dick Parsons, the former chairman of Patterson Belknap, a man who the world hopes is not quite as racist as his predecessor. [Am Law Daily]
This is the delicate dance done between American cities and the NFL. The American city will bow, the NFL will embrace. They glide across the dancefloor of time and space, dipping and twirling, bumping and grinding. The city and the NFL become one as the dance reaches its climactic stage, the NFL gently caressing the city, like a mother might a child. As the music of the universe crescendos, the NFL will whisper gently into the willing city’s ear.
GIVE ME ALL YOUR F*$&ING MONEY, YOU DIRTY PIECE PIECE OF S&!*
The stadium is built and the dance is complete.
In upstate New York, this thrusting, rapey foxtrot is just getting started. Governor Cuomo, the Bills, Roger Goodell, they’ve all been invited. And so has a lawyer… natch.
Because the Bills need a new stadium and because they need a new owner. Because the state of New York drafted an attorney with tremendous upside potential.
* The Senate confirmed nine judges this week, the highest one-week total since the current session of Congress began. They even managed to confirm a “controversial” nominee. Congrats! [Legal Times]
* If you need a reason for your merger-product firm’s poor financial performance, don’t use the verein structure as a scapegoat. Maybe your firms weren’t profitable to begin. Burnnnnn. [The Economist]
* Skadden lawyers await the day they’re called upon to provide the NBA’s defense against a potential suit filed by Don Sterling. They’ll be ready, because Skadden’s the best brand in the world, yay! [Am Law Daily]
* A suspect is being held by police in the fatal hit-and-run of Judge Dean Pregerson’s son. He’s been charged with vehicular manslaughter, and is expected to be arraigned on Monday. [Los Angeles Times]
* Fifty-five schools are being investigated for alleged violations of federal law in the mishandling of sexual assault and harassment cases. One professional school is on the list. Sup Harvard Law? [Huffington Post]
* Boies Schiller announced it will be working with Hausfeld LLP for the limited purpose of creating a new practice group that will allow the firms to co-represent professional athletes. (Sorry, college athletes, you don’t count yet.) [Bloomberg]
* It’s highly likely that departing White House counsel Kathryn Ruemmler will return to her former stomping grounds at Latham & Watkins. Imagine how many pairs of shoes she’ll be able to buy with her Biglaw money. [Washington Post]
* Governor Andrew Cuomo is so desperate to keep the Buffalo Bills in Western New York that he recently inked a $350K deal with Foley & Lardner to convince the team’s future owners to stay put. [Buffalo News]
* The Above the Law Top 50 Law School Rankings are virtually ungameable, but Kyle McEntee of Law School Transparency proposes a novel way deans can try: by lowering tuition. GASP! [Law.com (reg. req.)]
* Marc Randazza, one of the preeminent lawyers on First Amendment rights (who happens to represent us from time to time), thinks what happened to Don Sterling was “morally wrong.” Interesting theory. [CNN]
* If the NBA owners agree — as expected — to force Sterling to sell the Clippers, it could cost his heirs over $100 million. Let’s feel sorry that megamillionaires might be slightly less megamillionaires. [Slate]
* The inimitable Charles P. Pierce with more on the horrifically botched execution in Oklahoma last night. Overlooked in the horror was the constitutional crisis that preceded it — where the very authority of the state supreme court was called into question. [Esquire]
* The conservative argument for copyright reform. Seriously, at this point there’s no political philosophy in favor of lengthy copyright terms, so why can’t we change this? Oh, right. Media companies have tons and tons of money. [R Street]
* For the third year in a row, Skadden has topped the list of the Biglaw firms GCs love to pay, the firms with the best brands. Kirkland & Ellis and Latham & Watkins rounded out the top three. Congratulations! [PRWeb]
* A federal judge struck down Wisconsin’s voter identification law yesterday, noting that it “only tenuously serve[d] the state’s interest in preventing voter fraud.” Ouch. Sorry about that, Scott Walker. [Bloomberg]
* Hot on the heels of the release of the second annual ATL Law School Rankings, we’ve got a list of the law schools where graduates reportedly have the least amount of debt. We’ll have more on this news later today. [The Short List / U.S. News & World Report]
* It was kind of like the night of the living dead in Oklahoma last night, where an execution was botched so badly the defendant attempted to rise up off the table. That must have been horrific. [New York Times]
* Here’s an eligible bachelor alert: After being suspended from practice for six months for filming “upskirt” videos of women in public, this in-house lawyer has been reinstated. [Legal Intelligencer (reg. req.)]
* Poor Justice Lori Douglas. Not only are her kinky S&M pictures floating around somewhere online, but the man who took them — her husband, Jack King — just died. RIP, good sir. [CTV Winnipeg News]
* NBA Commissioner Adam Silver, a former Cravath lawyer, fouled L.A. Clippers owner Donald Sterling out of the league, but people are questioning whether his punishment was legal. [WSJ Law Blog (sub. req.)]
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: