It’s impolite to criticize how other people spend their money. Some people value guns, other people want butter, and of course, there are always people willing to borrow hundreds of thousands of dollars to pursue a useless education.
Debt financing your dreams is always a risky proposition, but it’s socially acceptable to do that if your dream is to be a doctor or a lawyer or a homeowner.
But what if you dream is to be a model? Is it appropriate and socially acceptable to debt finance aesthetic improvements in your body that you believe will take you to the next level modeling greatness?
Could this really happen at a law firm pool party?
It’s early June, and most summer associate programs are now in full swing. Sure, these Biglaw indoctrination programs have been pared downsignificantly since the days of yore, but law students are still having a great time gunning hard for offers. Staying at the office until 5:30 on the Friday of Memorial Day weekend was simply awesome. Everyone’s having so much fun!
Unfortunately, lurking in the dark underbelly of large law firms everywhere, a terrifying event lies in wait for these overly cheerful summer associates. Over the frustrated sighs of attorneys nationwide, news has spread that a pool party or beach outing has been scheduled. Sheer dread quickly spreads among the summer associates, and their pale skin from years spent studying blanches a shade whiter, as if such a thing were possible.
Dear God, what the hell should these people wear? Should they wear — gasp! — bathing suits?
Gentlemen, have no fear, because the forced motorboating stops here. Never again will you be asked if you want to sample your female superior’s “duck taco.” Never again will you be asked if you want to lick spilled Coke off a female colleague’s “cannooki.”
Ladies, you can’t get away with this stuff anymore just because you’re women…
* I include this line not to highlight the horribleness of zoos, but because I’m doing NS today and this contains a fun anecdote about walrus masturbation. [Cracked]
* Meanwhile, on Redline, I’m like, doing stuff. [ATL: Redline]
* “I really want to go to law school to study international law and be a part of solving problems like what’s going on in Crimea right now.” — Dumb idiot who will wish he read Above the Law before he went to law school. [Radio Free Europe]
* Student gets punished for sending a tweet from home. Should it really matter where you are sitting when you hit the button on the tweet calling your principal a “pussy ass bitch”? [It-Lex]
* I think the jurors on the Bernie Madoff co-conspirator case might be running a Ponzi scheme. [Dealbreaker]
If you’re a woman working in the legal profession, the odds are already stacked high against you, especially if you want to work for a large law firm. You’ll likely be paid less than your male colleagues. You’ll find that your life’s work has been reduced to a diversity talking point. Motherhood might as well be a crime. You can’t even dress yourselves without assistance.
We’ve heard about that last point of contention from law schools, multiple bar associations (see here and here), and even law firms. The latest slight against women comes from yet another law school, one perhaps too eager to assure potential employers that its female students exude the sensibilities of Lauren Bacall, not Marilyn Monroe.
How many times do women in the law need to be told not to dress like streetwalkers? Enough already…
* A proposal to raise the retirement age for judges in New York was crushed by voters, but Chief Judge Jonathan Lippman has vowed to continue fighting the requirement — just like a stubborn old man. [New York Law Journal]
* Which law schools have the highest percentage of graduates working as corporate directors or executive officers of companies? You might be surprised by some of the results. Or you might not. [National Law Journal]
* Dean Lawrence Mitchell of Case Western Reserve Law wants parts of the retaliation suit that’s been filed against him tossed for being “scandalous” and “salacious.” But those are the best parts. [Cleveland Plain Dealer]
* Thanks to a $25 million donation from an alumnus and his wife, Yale Law School is going to be getting dormitories for law students in the very near future. The thought of all of those coed nerdgasms between future SCOTUS clerks is a thing of beauty. [Fox News]
* Clark Calvin Griffith, the former adjunct professor at William Mitchell Law, has been suspended from practicing law for 90 days after exposing his penis to a law student. Stiff punishment. [Pioneer Press]
* If you were thinking of giving away guns on Facebook, then you should think again. The only way to stop a bad guy with a gun on the internet is with slideshows of the 572 best kitty cat gifs. [Corporate Counsel]
* A police officer in Arkansas ordered a woman to flash him her boobs while she was at work, and when she refused, he allegedly Tasered her repeatedly. She’s obviously suing now. [New York Daily News]
* Let’s get ready to rumble! Senate Democrats are threatening to go “nuclear” on existing filibuster rules if Senate Republicans decide to band together to block Patricia Millett’s nomination to the D.C. Circuit. [New York Times]
* AMR Corp. and US Airways are reportedly trying to broker a deal with the Department of Justice that would allow the airlines’ merger to go through. And this is the room full of people who care. [Wall Street Journal (sub. req.)]
* Proskauer Rose and the zombie corpse of Dewey & LeBoeuf received a Halloween treat from Judge Martin Glenn in the MF Global case. The firms will each be receiving a combined $9 million for their work. [Am Law Daily]
* Twitter is facing a $125 million fraud suit filed by two financial firms claiming that the social media giant had them organize a private sale of shares and then canceled it. #OhShiat #LawyerUp [Businessweek]
* She’s got the right to remain topless: Holly Van Voast, the photographer famous for roaming the streets of New York with breasts bared, settled a lawsuit against the city for $40,000. [New York Daily News]
* “I Love Boobies” case may go to the Supreme Court. [Jezebel]
* Law firms are warning clients to beware of “Misclassification Creep” which is a “threat” to many businesses. Yeah, it’s a real shame that employees might start getting paid what they actually earn. [Corporate Counsel]
* Recurring ATL subject, Caskers craft spirits retailer, has been sold to Anderson Press. [Pandodaily]
* Meanwhile, another legally related business has raised a total of $850,000. Hopefully they can use some of that to make another hilarious commercial. [Techcrunch]
* Here are 10 things every new lawyer should do right now. Shorter version: start puckering up. [The Careerist]
* In horrible news, a missing Wayne State law student was found dead. [Detroit Free Press]
* A former Biglaw, current Midlaw associate has written a book and created this trailer to promote it. What if a sex toy manufacturer became a patent troll? Video embed after the jump…
Now we’re hearing about a public defender who was allegedly unable to keep it in his pants. Coles County Public Defender Lonnie Lutz held his position for 33 years before retiring in June. In the final years of his service as PD, he allegedly took advantage of the attorney-client relationship by repeatedly sexually harassing and fondling his female clients, but not all of them — “only the special ones.” The sweet nothings Lutz allegedly whispered to his “special” clients are quite… graphic in nature.
Is Lonnie Lutz just a horny old man? Let’s find out…
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
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: