* 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]
* If you took the “over” on the cold day in Hell when BP is allowed to drill in the Gulf again, you’re gonna lose that bet. [New York Times]
* It’s a bit anticlimactic. And we’ve been pulled apart by political divisiveness. But we are just about done with the Iraq War! Yay? Ticker tape in Times Square, or is it going to be all, “Welcome home, while you were away we misplaced all the jobs and money”? [Politico]
Last month, we reported on the latest adventures of Deidre Dare, the sexy expat lawyer who once worked in the Moscow office of Allen & Overy. Her London lawsuit against the firm was dismissed, but Dare is now suing A&O here in New York, seeking $35 million in punitive and compensatory damages.
In the same post, we mentioned that Dare was seeking to raise $25,000 to publish Expat, a book based on her time in Allen & Overy’s Moscow office. Dare described it as “a novel about a group of Westerners living and working in Moscow, Russia and their extravagant but dangerous lifestyle,” with a plot “inspired by a British Petroleum scandal that happened when I was there.”
Dare was trying to raise the $25K on Kickstarter, the popular website that serves as a fundraising platform for creative types with a surplus of ideas and a shortage of cash. Did she succeed?
* BP has its granny panties in a bunch over Transocean’s liability for the oil spill. So they’re suing. [Bloomberg]
* Major League Baseball sought to take over the Dodgers from Frank McCourt yesterday. Your move, Wilpon. [Los Angeles Times]
* Tax Lady Roni DEUTCH may be thrown in jail. I’m not entirely sure what’s going on in this video, but definitely wait for the thrown dog. [ABA Journal]
* Juvenile killers are hoping to reach the Supreme Court in an effort to overturn their life sentences. If their cases make it that far, they’ll undoubtedly find a certain justice who only cares about inferior MP3 players and Emilio Estefan. [New York Times]
* Something called the Second Amendment Foundation has sued Massachusetts over their law forbidding legal immigrants from owning handguns. Crocodile Dundee didn’t need a handgun. [Fox News Latino]
Yesterday, after whining about law schools on NPR, I motored over to the Fox headquarters on Sixth Avenue. They wanted me on to to talk about a post I did a couple of weeks ago, encouraging oil-spill victims to take their BP money from the $20 billion fund being administered by Ken Feinberg, instead of pursuing private lawsuits against BP. For the debate, they brought on a plaintiff’s lawyer.
I thought it was a good segment, and I do believe the BP fund will be better for the victims (and the justice system) than a slew of plaintiff’s lawyers jumping on BP — and taking a sizable cut out of whatever damages a judge (most likely) reduces.
Ellie [sic], I think you are on the brink of finally embracing the fallacy of prudential regulation and the idea that government or semi-government programs are ever going to be able to take care of someone who refuses to take the most basic steps of self-preservation. I saw you on Fox News and I bet you vote Republican this November.
I don’t think I was accessing my inner elephant. But check out the clip and tell me what you think…
As we mentioned this weekend, the BP oil spill has been capped (for the time being), and now we can fully focus on who needs to get paid. As with so many things, it’s Ken Feinberg’s world and we’re just living in it. Bloomberg reports:
Kenneth Feinberg, who is overseeing a $20 billion fund to pay damage claims from BP Plc’s oil spill, pledged to create a system “more generous and more beneficial” to spill victims than taking the company to court.
More generous than court? Ooohh, judicial system, Czar Feinberg is calling you out. You gonna just take that?
* Yesterday was a big day at the Supreme Court. Who were the Biglaw winners and losers at One First Street? [Am Law Daily]
* Of the four opinions from yesterday, McDonald v. Chicago, aka “the guns case,” seems to have generated the most headlines. [How Appealing (linkwrap)]
* And Solicitor General Elena Kagan wants to get in on all the fun. Dana Milbank summarizes yesterday’s confirmation hearings in five words: “talking about Elena is boring.” [Washington Post]
* Federal prosecutors have accused 11 people of being part of a Russian spy ring — including couples living apparently normal lives in places like Cambridge, Massachusetts, and Montclair, New Jersey. [New York Times]
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 seven years. You can reach them by email: firstname.lastname@example.org.
Things have changed recently in Korea – a few of our US and UK client firms are looking, very selectively, for a lateral US associate hire. Until just recently, there was not much hiring like this going on in Korea, since US and UK firms started opening offices there. We have already placed two US associates in Korea in the past month at top firms. Most of the hiring partners we work with in Korea do not actively work with other recruiters.
If you are a Korean fluent US associate in London, New York or another major US market, 2nd to 6th year, at a top 20 firm, with cap markets or M&A focus (or mix), or project finance background, and you are interested in lateraling to Korea to a top US or UK firm, please feel free to reach out to us at email@example.com or firstname.lastname@example.org. Our head of Asia, Evan Jowers, was just in Korea recently, and Evan and Robert Kinney will be in Korea in a few weeks. We are in the process of helping several firms open new offices in Korea (a number of which are interviewing our partner level candidates) and also helping existing offices there fill openings.
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