Drake and Jay-Z look up to him. Music videos that reference him still get shown on MTV. Television talk-show hosts discuss his plans when he’s not a guest. Warren Buffett takes money from him, and Justin Bieber doesn’t act like an entitled spaz around him.
And he uses only $2 bills.
While your first guess is that we’re talking about the Dos Equis guy, we’re actually talking about a Biglaw partner in New York who adopted a unique calling card and translated it into becoming an under-the-radar celebrity among celebrities. He may not be the Most Interesting Man In the World, but he’s at least the Most Interesting Restructuring Attorney In the World…
Almost everyone who steps foot inside a law school in pursuit of a degree dreams of someday becoming a powerful voice on the world stage, but only a few are able to see that goal through to fruition. In fact, according to the latest Forbes ranking of the World’s Most Powerful People, only 10 lawyers or law school graduates truly matter.
Each year, Forbes compiles a list of the most influential people on the planet, and this year, out of the 72 leaders chosen (one “power broker” per every 100 million people in the world), about 14 percent of those who made the list are lawyers or law school graduates.
Which legal eagles soared to great heights and made their way onto this year’s list? Let’s find out…
* Former Congressman Jesse Jackson Jr. is heading to prison in Alabama for 30 months. Among the items he improperly purchased with campaign funds was a cape. How awesome is that? [Reuters via Yahoo! News]
* The Bureau of Prisons is planning to move its female inmates out of Danbury to convert it to a men’s prison. The author behind Orange Is the New Black has a different plan. [Jezebel]
* Reminiscent of the gun post a while back, more proof that women have all kinds of room to store contraband. [Legal Juice]
* Simpson Thacher lawyers reached some “unsettling conclusions” about the Clinton Foundation. Probably spending too much time with that Lewinsky Foundation. [New York Times]
* You thought there was animosity toward lawyers in the U.S.? Check out how much they hate them across the pond. [Legal Cheek]
Ed. note: This post appears courtesy of our friends at Techdirt. We’ll be sharing law-related posts from Techdirt from time to time in these pages.
Last night, former President Bill Clinton joined Stephen Colbert on his TV show, The Colbert Report. As many people have noted, at the very end of the program, Colbert told Clinton that he had taken the liberty of signing him up for a Twitter account, since Clinton does not currently use Twitter (he joked that he was afraid no one would reply to his tweets). The Twitter account is @PrezBillyJeff, and Colbert sent Clinton’s first tweet live while on the air. If you’re in the US or the one or two other places that Hulu actually works, you can see the exchange below (if you’re elsewhere, blame Viacom for being stupid):
It’s hard out here for authors of judicial memoirs who are not named Sonia Sotomayor. Just ask Judge Frederic Block (E.D.N.Y.), a federal trial judge in Brooklyn since 1994 and the author of an appealing new book, Disrobed: An Inside Look at the Life and Work of a Federal Trial Judge (affiliate link). In Disrobed, Judge Block describes his surprising rise from small-town Long Island lawyer to Article III aristocracy, where he has presided over cases involving the Crown Heights riots, Kitty Genovese, mob boss Peter Gotti, and other headline-making subjects.
The book has received several favorable notices. Writing in the New York Times, Sam Roberts described Disrobed as an “engaging” book that provides “a rare look behind decision-making on the federal bench.” Over at Simple Justice, Scott Greenfield called the memoir a “well-written,” “easy and quick read,” by a “quite well-regarded” judge. I’ve read the book myself, and I concur with Roberts and Greenfield.
But even though the book has sold well, exceeding the expectations of its publisher, Thomson Reuters, Disrobed hasn’t attained the bestselling status of Justice Sotomayor’s My Beloved World (affiliate link). And this makes Judge Block a little sad, as he confessed to me when I recently visited him in chambers.
Especially because Judge Block came painfully close to what would have been a big, big break….
Mitt Romney’s unfortunate comment at the most recent presidential debate, in which he boasted about receiving “binders full of women” while trying to build a diverse cabinet as Governor or Massachusetts, has become a wildly popular internet meme. If you’re looking for some good laughs, check out this Tumblr or this slideshow.
Happily, there’s a Biglaw connection to all of this. At which leading law firm can you assemble your own “binder full of women”?
You know what would have been awesome? 1996-Bill Clinton versus 1980-Ronald Reagan in 2008. I’m not saying Slick Willy would have beaten the Great Communicator, but it’s always a bad idea to bet against Bill.
* David Lat has a new project that you might want to check out. They’re calling it “clerk lit”; it’s a serialized novel entitled Supreme Ambitions. [FindLaw]
* Since a lot of smart kids are not taking the LSAT and applying to law school, maybe this is an opportunity for kids who are not so great at standardized testing to get into a better school than they would have under normal circumstances. Of course, that’s not what I would do. If a bunch of people suddenly start running in one direction, I’m the kind of brother who starts running with them and figures out later what all the fuss is about. [The Careerist]
* Ohio rescinds its early voting directive and asks Sixth Circuit for a stay. [Election Law Blog]
* Charlotte bankers survive the Democratic National Convention. Somehow. [Dealbreaker]
* The problem with owning a gun is that eventually, you are going to give yourself a reason to use it. [NY Daily News]
* Former tennis star ready to return serve at Columbia law school. Obviously, I’m using “star” a little bit broadly since I’m talking about a man who finds himself in the drunken class of 2015. [Dealbook]
* You have to think that Bill Clinton would have made the best trial lawyer ever. “Can you see her? I want you to picture that little girl. [bites lip.] Now imagine she’s white.” [What About Clients?]
* You know what’s really got to suck hard? Turning down a Supreme Court nomination to be governor, and then losing your gubernatorial re-election bid. Mario Cuomo is the Bad Luck Brian of our time. [New York Daily News]
* And speaking of bad luck, this prominent antitrust lawyer is like the harbinger of Biglaw doom. In the last four years, Marc Schildkraut has bounced from Heller to Howrey to Dewey. Good luck to his new firm, Cooley LLP. [Washingtonian]
* Another judge — this time from the S.D.N.Y. — has found that the Defense of Marriage Act is unconstitutional. Paul Clement, the patron saint of conservative causes, is probably facepalming right now. [Reuters]
* “I don’t know how you all practice law in Texas.” It looks like the judge presiding over the Roger Clemens case hasn’t been keeping up with all of our crazystories from the Lone Star state. [Wall Street Journal]
* “[T]he epitome of unprofessionalism”: State Attorney Angela Corey couldn’t take the heat from Harvard Law professor Alan Dershowitz, so she threatened to sue the school and get him disbarred. [Orlando Sentinel]
* “What did you guys do to deserve me? How did you guys get stuck with this? Ay yi yi.” At least Jerry Sandusky’s got a sense of humor about a potential 500 year sentence. [Thomson Reuters News & Insight]
* The election outlook for birthers may not be so bleak after all. Sure, Orly Taitz lost her bid to be a senator, but Gary Kreep might get to be a judge in San Diego County. We’ll find out later today. [North County Times]
Let’s take a break from the sad and serious story of Dewey & LeBoeuf’sdownfall and turn (or return) our attention to another kind of going down. In more salacious, racy fare, we bring you updates about female legal eagles who have flown high in these pages before — and now might find themselves crashing earthward.
The first is Reema N. Bajaj, a beautiful young Illinois lawyer who has been accused — perhaps unfairly — of prostitution charges. The second is Madam Justice A. Lori Douglas, a Canadian judge whose nude photos made their way to the internets.
So what’s the latest news about Bajaj and Douglas? Here’s a hint: What does each share in common with Bill Clinton?
As Republicans continue to play chicken with the nation’s solvency, the idea that the president doesn’t need congressional approval to raise the debt ceiling is gaining traction. The thought bubble suggests that President Obama can raise the debt ceiling because of language in the Fourteenth Amendment stating that the nation’s debt “shall not be questioned.”
The idea has been trumpeted by none other than former president Bill Clinton. Clinton said that he would unilaterally raise the debt ceiling and “force the courts to stop me.”
Of course, President Clinton had what the scientists call “balls.” He knew how to handle a group of intractable Republicans more concerned with scoring political points than governing.
President Obama? The New York Times has his response: “I have talked to my lawyers. They are not persuaded that that is a winning argument.”
Can Aaron Sorkin please write a “Let Obama Be Obama” episode? Because sometimes Barack Obama really likes to dangle his feet in the water of whatever the hell it is he dangles his feet in, when he wants to make it look like he’s trying without pissing too many people off.
In any event, is invoking Section 4 of the Fourteenth Amendment a “winning” argument that could solve this debt crisis?
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: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months (Robert Kinney and Evan Jowers will be in Hong Kong again March 15 to 23), and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.
Are you challenged by the costs and logistics of maintaining your office, distracting you from the practice of law?
Many small firms are successfully moving part—or even all—of their practice to a virtual setting. This even includes multi-jurisdictional practice spanning several states and practice areas, although solo and small partnerships are still the largest adopters of virtual law.
Can you do the same? The new article Mobile in Practice, Virtual by Design from author Jared Correia, Esq., explores how mobile technology bring real-life benefits to a small law firm. Read this new article—the next in Thomson Reuters’ Independent Thinking series for small firms—to explore how a mobile practice:
Everyone is talking about the importance of Social Media in Corporate America. But it is relatively safe to say that most law firms and lawyers are slightly behind the social curve. Most lawyers, at minimum, use LinkedIn, for networking. Some even use Twitter for pushing out short, pithy content, while many have Blogs, where they write their little hearts out. The adage “it is better to give than to receive” is not always true though in the world of Social. In the Social World – it is best to listen, give back and engage.
Social Media is a communications tool that can deeply educate you about the needs and wants of your clients and prospects when used in conjunction social media monitoring and sharing tools.
Take this quick quiz and see if you know how to use Social to help you engage more with your clients or to better service the ones you have.