* Chief Justice John Roberts might “enjoy that he’s being criticized,” but that’s probably because he’ll get the chance to show his true conservative colors this fall when issues like affirmative action and same-sex marriage are before SCOTUS. [Reuters]
* Dewey know why this failed firm thinks a bankruptcy judge is going to allow it to hand out $700K in “morale” bonuses? You better believe that Judge Martin Glenn is going to tell D&L where it can (indicate). [Bankruptcy Beat / Wall Street Journal]
* It seems like attorneys at Freshfields may actually need to get some sleep, because it was the sole Magic Circle firm to report a decline in in revenue and profitability in its latest financial disclosure statements. [Financial Times (reg. req.)]
* Judge Kenneth Lester Jr. didn’t do George Zimmerman any favors when he set his bond at $1M. Watch how quickly the defense fund Zimmerman concealed from the court disappears as he struggles to post bail. [CNN]
* Whatever it takes (to count you as employed): 76% of law schools report that they’ve now changed their curriculum to include more practical skills courses in light of the dismal job market. [National Law Journal]
* Texas Christian University is expanding its graduate programs, but a law school isn’t necessarily in the works, because TCU is only interested in “programs that promote employability.” Well, sh*t, y’all. [TCU 360]
* ATL Stock Tip of the Day: Start shorting Pottery Barn. [How Appealing (linkwrap)]**
* A hot new trend among federal judges out west (even more popular than Bikram yoga): Benchslapping the Bush Administration over its environmental policies. [Washington Post]
* Joan Biskupic is a distinguished Supreme Court reporter; but this article is très USA Today. In tomorrow’s paper: “Justices Explain Their Views By Issuing Opinions.” [USA Today]
* Judge Jeremy Fogel (N.D. Cal.) thinks about tinkering with the machinery of death. [Los Angeles Times]
* Heh. Harvard Law School revises its first-year curriculum, in what sounds like a Yale-ish direction: less emphasis on all that boring “One L” crap — contracts, torts, property, procedure — and more emphasis on sexy stuff like “policy” and “international law.” Not far behind: Law and Basket-Weaving. [Harvard Crimson via How Appealing]
* If Sun Microsystems CEO Jonathan Schwartz has his way, the SEC’s corporate disclosure rules would be amended to allow him to disseminate company news via his personal blog. Who says blogs are nothing but political grandstanding or snarky commentary? Sometimes you can actually learn stuff from ‘em. [WSJ Law Blog]
** Pottery Barn is actually a subsidiary of Williams-Sonoma (NYSE ticker: WSM).
And no, it’s not instant messenger. It’s this thing called blogging…
Sun Microsystems General Counsel Mike Dillon has started a blog (the blandly named “Legal Thing”). According to the WSJ Law Blog, it’s the first blog launched by a Fortune 500 GC. Dillon explains why he’s blogging in these terms:
My primary motivation is a question that I am frequently asked. It comes in two forms. From others in my profession, it is articulated as: “What is it like being the General Counsel of a Fortune 500 company like Sun Microsystems?” From my children it is posed as: “Daddy, what do you DO at work all day?”
We don’t know anything specific about Dillon. But if he’s like general counsels at most big corporations, the answer is pretty simple: “I hire outside counsel to do everything for me, including wiping my ass. Then I bitch to them about the bill. And then I collect my grossly inflated paycheck, before leaving the office to get in a round of golf in before dinner.” This Should Be Interesting [The Legal Thing]
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: