* It’s hard to get a mortgage if you have a lot of student debt, even if you make a lot of money. Who needs a house anyway? Your advanced degree will keep you warm. [BusinessWeek]
* A civil trial over BP’s Gulf Oil spill was supposed to start today, but it was postponed at the last minute. Is it just me or does it smell like settlement in here? [New York Times]
* As if anyone needed another reason to never take a Carnival Cruise…. [CNN]
* The Catholic Church just couldn’t handle sharing its ignominious spotlight with Penn State any longer. Attorneys allege that the late Cardinal Anthony Bevilacqua, former Archbishop of Philadelphia, destroyed a list of 35 active priests accused of child sexual abuse. [Washington Post]
* Some movie with no sound, color, explosions, or giant robots won a bunch of Academy Awards last night. I can’t say I care too much. Here’s a rundown of some classic cine con lawyers instead. [ABA Journal]
Were you disappointed by James Franco and Anne Hathaway as Oscars hosts? If so, you weren’t alone. PopEater described their hosting efforts, especially Franco’s, as “a disaster.” The New York Times declared the proceedings to be “downright painful” at points.
Next year, the Academy Awards should go in a different direction. Enough pandering to the youth. For 2012, the Oscars host should be a certain hilarious, older Jewish gentleman, who has been celebrated over the years for his brilliance and wit, and who knows a great deal about movies.
Bring back Billy Crystal? Not a bad idea — but here’s a better one. Bring on Chief Judge Alex Kozinski, of the U.S. Court of Appeals for the Ninth Circuit!
In addition to his incredible intellect and superb sense of humor, Chief Judge Kozinski has an encyclopedic knowledge of film. Recall his famous ruling in the movie-industry case of United States v. Syufy Enterprises, featuring over 200 film titles woven artfully into the text of his opinion.
Chief Judge Kozinski knows movies, and he loves movies. He goes to the cinema every chance he gets. In fact, His Honor recently sent a movie recommendation my way — and it’s PG-13, in case you’re wondering….
Ed. note: This is the latest installment of Size Matters, one of Above the Law’s new columns for small-firm lawyers.
As has become my tradition, Sunday night I watched the Academy Awards while drinking an Oscar-themed martini. While watching the three-and-a-half-hour award show, I was reminded of a few life lessons that I have learned about practicing law.
First, as I listened to the kids from P.S. 22 sing “Somewhere Over the Rainbow,” I remembered that my years at Biglaw have left me dead inside.
Second, as I saw the many beautiful (and not so beautiful) nude dresses, I was reminded of the importance of transparency in the management of a small law firm. Yes, perhaps this analogy is a stretch, but I just wanted to be able to write about the Oscars and my Black Swan-tini….
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: