• bankruptcy


    Bringing Bankruptcy Out Of The Stone Age: Meet The Guys From Reorg

    What inspires people to make the jump to startups?

    11 Comments / / Sep 21, 2015 at 5:31 PM
  • 50 Cent


    You Need To Diversify Your Bonds, Fiddy

    Every time Curtis James Jackson tries to get out, they suck him back in.

    0 Comments / / Sep 17, 2015 at 4:28 PM
  • concept of bankruptcy

    Lateral Moves, Sponsored Content

    Will Market Turmoil Boost Bankruptcy Practices?

    Get ready, because bankruptcy attorneys are due for another upswing in hiring. Are you prepared?

    / Sep 11, 2015 at 4:14 PM
  • law firm pool party

    Lawyer Advertising

    Lawyer Bikini Party: Not The Ideal Marketing Plan

    There are industries where a bikini party to pitch your business might work. This is not that world.

    58 Comments / / Sep 11, 2015 at 3:11 PM
  • Kim Davis (Photo by Ty Wright/Getty)

    Morning Docket

    Morning Docket: 09.09.15

    * Kim Davis, the Kentucky clerk who was jailed over her refusal to give marriage licenses to gay couples, was released by order of Judge David Bunning — with a warning not to interfere with her deputy clerks’ duties. Hmm, yeah, she’s totally going back to jail. [New York Times]

    * The law school applicant pool is still dwindling after all these years, so it’s interesting to see which schools are offering students the biggest bribes scholarships and grants (some of which may later disappear) so they can fill the seats in their classes with asses. [Bloomberg via PreLaw]

    * This Montana Law professor claims that he was forced to retire from his teaching position early due to the school’s ongoing budget cuts: “I am the first full-time member of the law faculty upon whom the ax has fallen.” We’ll have more on this later. [Missoulian]

    * Hmm, what Dewey know about the standard of evidence for conviction in the D&L fraud trial? “Woulda, coulda, shoulda is fine for cocktail party conversation. In this courtroom and in any courtroom, the proof must be beyond a reasonable doubt.” [Reuters]

    * Miami Dolphins owner Stephen M. Ross, who received an LL.M. in taxation from NYU School of Law, is making a $20 million donation to the school, its largest gift ever. We wonder how much he’s giving to his alma mater, Wayne State Law. [WSJ Law Blog]

    60 Comments / / Sep 9, 2015 at 9:02 AM
  • StudentLoanDebtMoneyPile

    Law Schools, Money

    Florida Coastal Law School Knows How To Play Hard Ball

    The Seventh Circuit affirms: $260,000 in educational debt for a law school grad can’t be discharged in bankruptcy.

    8 Comments / / Aug 4, 2015 at 1:58 PM
  • 50 Pence None The Richer (Photo by Ethan Miller/Getty Images)

    Morning Docket

    Morning Docket: 07.27.15

    * A jury has ruled that rapper 50 Cent must pay an additional $2 million in punitive damages to a woman whose sex tape he posted online, on top of the $5 million he already owes her. This wanksta better hope the judgment gets discharged in bankruptcy. [Associated Press]

    * California is America’s breeding ground for unaccredited law schools, and “[m]ost jurisdictions simply don’t allow [these] kind of law school[s] to exist at all. Period.” Nearly all students (about 9 out of 10) drop out before graduation. How much money is being wasted? [Los Angeles Times]

    * Since 2007, the pay gap between the highest- and lowest-paid positions in many specialized fields has widened — but that isn’t the case when it comes to the legal profession. Unfortunately, not as many people are making it rain. [New York Times]

    * “[M]aybe legislation should fix this. Not the court.” A San Diego judge has suggested that he’ll likely dismiss a right-to-die lawsuit filed by Christy O’Donnell, a civil rights attorney who’s fighting a battle against lung, brain, spine, rib, and liver cancer. [NBC San Diego]

    * You’ve seen reactions to Harper Lee’s portrayal of Atticus Finch as a racist in Go Set A Watchman (affiliate link) from everyone and their mother and their dog, but maybe you haven’t seen reactions from law professors yet, so have a look. [National Law Journal]

    34 Comments / / Jul 27, 2015 at 8:46 AM
  • Willie Nelson (Photo by Slaven Vlasic/Getty)

    Morning Docket

    Morning Docket: 07.22.15

    * “Mamas, don’t let your babies grow up to be cowboys potheads.” Country singer-songwriter and OG stoner Willie Nelson says marijuana will be legal in all 50 states within the next decade. Who knows, maybe his cannabis-crazed dreams will come true. [San Antonio Express-News]

    * Where do lonely hearts go? To court. This ex-Illinois Law student was accused of stalking a classmate and barred setting foot on campus for a two-year time period. A new trial was ordered, and now he may be able to graduate. Yay? [National Law Journal]

    * Law firms of all sizes are merging at a record pace, but that doesn’t mean that it’s going to continue like this ad infinitum. Eventually, all of the fun is going to stop, and it’ll likely because there isn’t any more profitability to be had for these firms. Womp. [Am Law Daily]

    * Corporate legal departments are pushing for more diversity among their ranks, with companies like Xerox leading the way. NAPABA is hopeful that we’ll see 20 Asian-American lawyers as general counsel of Fortune 500 companies by 2020. [WSJ Law Blog]

    * For a man who wanted to “get rich or die tryin,” things don’t seem to be working out so well: Bankrupt rapper 50 Cent was busy denying ownership of many of his luxury items in court this week. He says he rents, borrows, and leases most of his bling. [Associated Press]

    14 Comments / / Jul 22, 2015 at 9:01 AM
  • Congrats! Welcome to law school!

    Morning Docket

    Morning Docket: 07.20.15

    * “I would hope that we’ve already hit the bottom.” America’s legal educators and admissions deans are wishing, hoping, and praying that the upcoming school year will be the last year that merely having a pulse is a prerequisite for law school admission. [National Law Journal]

    * Bankruptcy court, here we come: We all know that right now, exorbitant law school debt can’t be discharged in bankruptcy, but judges have started to rally in favor of student debtors, noting that the Brunner test is simply incompatible with today’s high tuition costs. [New York Times]

    * “A professional education will never be cheap,” and the ABA has finally decided to give the appearance of caring about the average graduates of private law schools with six figures of loans. Enhanced financial counseling for all! [Big Law Business / Bloomberg]

    * Indiana Tech Law School won’t be appealing its denial of accreditation by the American Bar Association. Before you get too excited about a law school accepting failure and throwing in the towel, it seems that the school is just going to reapply instead. [KPC News]

    * “[O]ne’s face may determine one’s fate, at least in the judicial domain.” Per a new study, the more untrustworthy a criminal defendant looks, the more likely it is that he’ll receive a harsher sentence. Boy, Dewey know defendants in need of a makeover. [WSJ Law Blog]

    26 Comments / / Jul 20, 2015 at 9:00 AM
  • 50 Pence None The Richer (Photo by Ethan Miller/Getty Images)

    Morning Docket

    Morning Docket: 07.17.15

    * “I don’t know what you heard about me, but a bitch can’t get a dollar out of me.” Truer lyrics have never been rapped. 50 Cent’s legal team will face off in bankruptcy court against lawyers for a woman owed $5 million thanks to a sex-tape scandal. [Business Insider]

    * You may be happy that income-based loan repayment exists and is saving you from defaulting on your law school debts, but in a few decades, you’re probably going to get F’d in the A by a ticking tax time bomb. [Student Loan Ranger / U.S. News]

    * If you missed it, James Eagan Holmes, the shooter in the Dark Knight movie theater massacre in Colorado, was convicted for killing 12 people and wounding 70 others. Next up is the sentencing phase of his trial, and the death penalty is on the table. [Denver Post]

    * The head honchos at Goldman Sachs are sad their second-quarter profits were reduced by ~half thanks to protracted litigation stemming from the financial crisis. The bank had to put away $1.45B for “mortgage-related litigation.” [DealBook / New York Times]

    * The stars at night may be big and bright deep in the heart of Texas, but Berg & Androphy, led by attorney David Berg, is trying its hand at big city life in New York. It got the hang of things, y’all: B&A has already poached two Kasowitz partners. [Lawdragon]

    14 Comments / / Jul 17, 2015 at 9:02 AM
  • Get rich or declare bankruptcy.


    Non-Sequiturs: 07.13.15

    * 50 Cent has declared bankruptcy. Forthwith, he shall be known as “The Secured Creditors’ Half-Dollar.” [Business Insider]

    * Nina Totenberg talked with Justice Ginsburg and learned the reason the so-called liberal wing of the Court wrote so few separate opinions: they have agreed to speak with one voice as much as possible. As Justice Ginsburg put it, “If you want to make sure you’re read, you do it together, and you do it short.” [NPR]

    * Are you licensed in Texas? Frequent contributor Dan Hull of Hull McGuire is looking for local counsel. [What About Clients?]

    * Academics are planning to hold onto their jobs past retirement age because you can take their jobs from their cold, dead, tenured hands. [TaxProf Blog]

    * How are you using LinkedIn? Because if you use it only as a connections catalog, you’re missing out on an opportunity to publicize your practice. [Law and More]

    * The opposite of saved by the bell: man free on bond sent to jail cell when fire alarm disrupts hearing. Then the judge leaves the building, stranding the guy in a cell. [Times-Picayune]

    * Richard Hsu chats with author Brad Meltzer about his new book and weathering the rejection he experienced over his first novel. And stay tuned, because there’s more Richard Hsu coming up later. [Hsu Untied]

    * Kaye Scholer’s Managing Partner Michael Solow talks about the firm’s new digs at 250 West 55th Street. [Big Law Business / Bloomberg BNA]

    12 Comments / / Jul 13, 2015 at 5:30 PM
  • Aren't summer associates so cute?

    Biglaw, Summer Associates

    Major Biglaw Firm Thinks It Can Get Away With Charging Clients For Summer Associate Work

    Did the firm seriously think anyone would be willing to pay for that?

    38 Comments / / Jul 8, 2015 at 12:00 PM
  • concept of bankruptcy


    Big Firm Files For Bankruptcy After $20 Million Goes Missing

    Yet another once successful firm is seeking refuge in bankruptcy as it gasps its final breaths.

    34 Comments / / Jul 7, 2015 at 11:45 AM
  • Coming to a law school near you?


    Yet Another Large Firm Shuts Down, Leaving Nearly 300 Jobless

    This is turning out to be a cruel, cruel summer for law firms.

    17 Comments / / Jun 25, 2015 at 12:20 PM
  • Supreme Court 1

    Biglaw, SCOTUS, Supreme Court

    Biglaw Firm Suffers SCOTUS Defeat

    The Supreme Court delivers some bad news to the bankruptcy bar.

    12 Comments / / Jun 15, 2015 at 10:54 AM
  • crazy biz guy


    The US Marshals Service Gets Involved In A Benchslap

    The court called in backup…

    7 Comments / / May 22, 2015 at 11:00 AM
  • Fernglas(alt)

    Biglaw, Sponsored Content

    4 Practice Areas To Watch

    These four thriving and regressing practice areas will likely burden or catalyze a firm’s future

    / May 8, 2015 at 4:38 PM
  • Aww, the ABA wants you back, LSAT.

    Morning Docket

    Morning Docket: 05.05.15

    * Ever argued about weed before SCOTUS? Ever argued about weed before SCOTUS… while high? The Supreme Court asked Solicitor General Donald Verrilli Jr. to weigh in on the marijuana border wars suit filed by Oklahoma and Nebraska against Colorado. [Denver Post]

    * Well, that was quick! After enacting this rule just last year, the ABA now wants to put a stop to law schools using an exception that would allow up to 10 percent of their entering classes to consist of students admitted without having taken the LSAT. [ABA Journal]

    * Landon Thomas, a 2014 NYU Law graduate, has been missing for more than a week. He was last seen in Harlem on April 27. His friends and family have set up a Facebook page to aid in the search. If you have any information, please call the police. [DNAinfo]

    * Corinthian Colleges, a higher education system that ran an employment falsification scam that was eerily similar to what law schools were once doing, has gone belly up, and Biglaw firms are swooping in like vultures to get in on the action. [Am Law Daily]

    * After being convicted on 30 federal charges last month, Boston Marathon bomber Dzhokhar Tsarnaev showed some emotion for the first time during the penalty phase of his trial, where he was seen wiping a tear while his aunt sobbed on the stand. [TIME]

    22 Comments / / May 5, 2015 at 8:56 AM