* So now the judge accused of watching porn from a courthouse computer admits to watching porn on a courthouse computer. Let me just get this out of the way: if I’ve used your computer, it was probably to watch porn. [Chicago Sun-Times]
* Too soon for Aurora jokes? I think it’s weird that more people believe in waiting periods for zingers than for handguns. [Tax Prof Blog]
* Lance Armstrong’s suit against the U.S. Anti-Doping Agency was dismissed by U.S. District Judge Sam Sparks. How come the only athlete that seemed to get his day in court was Roger Clemens? [Bloomberg]
* Another kid is packing in his sports dreams to go to law school. Though, in fairness, one of the few things worse than the law graduate economy is probably the NHL economy. [North Dakota Inforum]
* I think Republican political candidates should know by now that they only bands they are allowed to like are country music bands. If they want to like non-country music, they should get the artist’s approval, in writing. Meanwhile, liberals are allowed like all kinds of music, even music performed by people who don’t know what they are talking about. [What About Clients?]
* Attorney and rape victim Shauna Prewitt has some facts about rape that apparently Todd Akin didn’t know. [xoJane]
We mentioned yesterday morning that James Holmes, the accused Batman movie theater shooter, had been seeing a psychiatrist at the University of Colorado, Denver, who was so alarmed by his behavior that she contacted the University’s “Threat Assessment” team.
Following that revelation, commentators are now asking if the University of Colorado could face duty to warn liability in the wake of the shooting. Let the hypothesizing begin…
* Presidential campaigns for Election 2012 are focusing in on the Supreme Court and future appointments to the high court, and Vice President Joe Biden is really not a fan of Justice Scalia. [POLITICO]
* Dewey know what the ramifications of D&L’s $50M insurance policy will mean for the resolution of the failed firm’s bankruptcy proceedings? Well, Steve Davis is probably happy. [Thomson Reuters News & Insight]
* Howrey going to pay off all of our creditors? Probably by dipping into the coffers of the 70 other law firms that took on our defectors. Have fun with all of those subpoenas. [Capital Business / Washington Post]
* The percentage of women in Biglaw partnership positions is up 2.8% since 2003, but the equity gender gap remains. At least some progress is being made. [National Law Journal]
* “I thought your papers were terrific, I just disagreed with them.” Kleiner Perkins isn’t a fan of backhanded compliments, so the firm is appealing a judge’s decision to keep Ellen Pao’s case out of arbitration. [Reuters]
* James Holmes, the alleged shooter in the Aurora movie-theater massacre, is scheduled to make his first court appearance today for an initial advisement. Thus far, he’s facing at least 71 charges. [Denver Post]
* The class action suit filed against Cooley Law over its allegedly deceptive employment statistics has been dismissed, much like the NYLS lawsuit before it. More on the dismissal to come later today. [WSJ Law Blog]
* “Sex isn’t going to buy me dinner.” Michael Winner, the attorney accused of offering “pro boner” assistance to female inmates, claims in an interview that the allegations against him are “just plain false.” [WSB-TV Atlanta]
In the wake of the tragic shootings in Aurora, Colorado, President Obama cut short his campaign schedule and issued a call for unity. At an abbreviated stop in Florida, the president said:
I am so moved by your support, but there are going to be other days for politics. This, I think, is a day for prayer and reflection.
Good luck with that.
Our media and political environment don’t allow for reflection on much of anything in the best of times. What do you think is going to happen during an election year?
The Wall Street Journal is already wondering if this shooting is going to cause increased focus on gun laws. New York City Mayor Michael Bloomberg has come out and said that both President Obama (whose administration has done nothing to restrict guns) and Mitt Romney need to clarify their positions on gun regulations. Meanwhile conservatives are criticizing anybody who brings up gun control for trying to “politicize” the moment.
I believe that tragedies are a bad time to make policy, and I choose to believe that no law could have stopped the actions of a madman who wants to kill teenagers in a movie theater. As Alfred said: “Some men just want to watch the world burn.” The suspect, James Holmes, allegedly had his hair painted and claimed he was the Joker.
I don’t think gun restrictions would have stopped this man (which doesn’t mean we had to make it easy for him).
If we’re going to reflect on something today, I’m not sure it’s useful to reflect on our laws, instead maybe we should reflect on our culture…
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: firstname.lastname@example.org.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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