Carbon Tax

* Seven people hold $1 trillion in wealth, all tech lords. Biden, where’s that trust bustin’! [The Guardian]

* “When there are 203”: Democrats push for a couple hundred more judges. [Law 360]

* Senate births a trillion dollar baby! Maybe now my roads can get fixed. [NPR]

* Trouble coming up with a way to balance current bottom dollar and caring about future generations? Its taxing, really. [Delaware Online]

* You know its hard out here for a mom: Lawyering and Mom-ing ain’t easy. [ABA Journal]

Ed. note: Above the Law will not be publishing on Monday, May 27, in observance of the Memorial Day holiday. * Manhattan Justice Paul Wooten has ordered CBS to produce all emails between it and the Brooklyn DA’s office concerning “Brooklyn D.A.” and ordered a hearing this afternoon. CBS attorneys are irritated. Now they know how everyone feels when they have to watch Two and a Half Men. [WiseLaw NY] * Lois Lerner, the embattled IRS supervisor at the heart of the recent scandal, invoked the Fifth Amendment in her congressional hearing, but in a way that may open the door to contempt. Ironically, maintaining innocence while invoking the Fifth opens one up to “heightened scrutiny.” As noted in Morning Docket, she’s been put on administrative leave. [Simple Justice] * T.J. Duane of Lateral Link was named one of the 17 Stanford business students who is going to change the world. Duane is working on technology to “provid[e] solo and boutique attorneys the benefits without the drawbacks of big law.” That’s much better than my proposal to provide solo and boutique attorneys the drawbacks without the benefits of big law, which is just a device that passive-aggressively second-guesses every decision a lawyer makes. [Business Insider] * The U.S. Chamber of Commerce has asked the Supreme Court to uphold the D.C. Circuit’s decision holding Obama’s NLRB recess appointments unconstitutional because the appointments caused “major confusion for both employers and employees alike.” They’ve got a point. Not having a quorum on the NLRB because the Senate refuses to confirm anyone and plays parliamentary games does provide certainty… the certainty that the NLRB cannot function and its a free-for-all against workers. [Free Enterprise] * Law school applications are down, but not as drastically as expected. [Faculty Lounge] * In any event, law schools are facing an economic reckoning dubbed “Peak Law School.” [Lawyers, Guns & Money] * A new CBO report analyzes the impact of a carbon tax, in case you’re preparing to start papering cap-and-trade deals. [Breaking Energy] * Do potential clients really care about social media? I “Like” this story. [Associate's Mind] * Courtesy of the ABA Journal, you can check out the swag Chief Justice Roberts and Eric Holder got from foreign nations in 2010 after the jump…