Our own David Lat has been popping up a fair amount on Bloomberg Law’s television programming. You can see some of his appearances here and here.
If Lat keeps it up, maybe he’ll get invited to a Russell Brand party? That’s because apparently Katy Perry’s ex-husband is a fan of the show. Or, at least he watched it once.
Honestly, it’s a little bit difficult to explain what Russell Brand is doing in this picture, which is why I offer it to you….
Last week Britain was treated to the surreal sight of a junior lawyer collecting a lifetime achievement award for his services to pop music. Dave Rowntree, drummer in the band Blur — honoured with a lifetime achievement award at Wednesday’s BRIT awards — now spends his days working as a trainee lawyer at London corporate firm Kingsley Napley, and plays music part-time. Judging by his constant fiddling with his Blackberry during the awards ceremony, Rowntree seems to have got into the spirit of Biglaw.
The lure of the legal profession hangs heavily over celebrities in Britain….
* “All My Justices” may soon be coming to daytime television station near you. In a close vote, the Senate Judiciary Committee approved a bill that calls for television access to Supreme Court proceedings. [Legal Times]
* A former Cravath associate’s law license has been suspended as a result of a DV assault charge. For every day spring bonuses go unannounced, another CSM attorney will do something to embarrass the firm. [Am Law Daily]
* Duncan Law wants wants a judge to reconsider an injunction, claiming “eight students have withdrawn” since its accreditation was denied. In other news, only eight students at Duncan Law have half a brain. [National Law Journal]
* If you liked it, then you should’ve put a trademark on it. Jay-Z and Beyoncé have filed a trademark application for their daughter’s name. Nothing says love like exploitation. [New York Post]
* Remember the siblings involved in a nationwide manhunt last summer? Stripper and bank robber extraordinaire Lee Grace Dougherty pleaded guilty, and now faces up to 28 years in jail. [New York Daily News]
* At least two firms probably won’t be handing out spring bonuses like candy this year. While gross revenue remained steady at Dickstein Shapiro and Crowell & Moring, PPP dropped at both firms. [Legal Times]
* Not-so breaking news: the Thirteenth Amendment applies only to humans. It seems like the only people who didn’t already know that were the lawyers PETA hired for their orca whale slavery case. [Washington Post]
* Washington has approved a bill to legalize same-sex marriage, and Governor Gregoire has vowed to sign it. Wedding planners can prepare for a fabulous summer season, and divorce practitioners can create a new niche. [CNN]
* In China, lawyers are allowed to name their firms after imaginary people. Here in the United States, we’ve got laws against that, and for good reason. Because knowing Americans, we’d probably end up with a bunch of dueling Dewey, Cheatem & Howes. [Thomson Reuters News & Insight]
* Valentine’s Day is right around the corner, and if you’re still trying to find the best present for your crappy spouse, then look no further. This law firm is giving away a free divorce. [Charleston Daily Mail]
Our profile drew heavily upon a New York Observer piece that dubbed him “the James Bond of Columbia Law School.” What did Professor Bobbitt do to earn that sobriquet?
“His mannerisms just kind of ooze a James Bondian kind of quality,” says Vishal Agraharkar, a former [Legal Methods] student and a teaching assistant for this year’s class. “Someone who acts like that in class and outside class we assumed must have just an incredible personal life. James Bond has a hell of a personal life, so he must as well.”
Well, it appears that Professor Bobbitt, 63, does have one heck of a personal life. Over the past few days, we’ve received some rather interesting information about the good professor’s love life. The reports go something like this: “Professor Bobbitt married one of his students! Over the Christmas holiday! She’s a 3L at Columbia Law! And a Turkish princess! They were married at the Supreme Court! By one of the justices!”
As is generally the case with juicy gossip, most of this is true — but some of it is not. Here’s the real story, based on my interview with Professor Bobbitt himself. And wedding photos, of course….
If you’re a longtime reader of Above the Law, then you’ll remember Harvard Law School graduate and former Sidley associate, David Otunga. We’ve previously written about Otunga’s adventures in reality television on VH1′s I Love New York, his engagement to singer-actress Jennifer Hudson, and his foray into the wonderful world of “professional” wrestling with World Wrestling Entertainment.
Otunga’s been flexing his muscles in the ring since 2008, but our tipsters were unimpressed, noting, “From Harvard Law School to I Love New York to the WWE. Unfortunately the next stop is probably porn.” Well, sorry to disappoint you, but Otunga hasn’t signed up for his porn industry debut just yet. Instead, he took a momentary break from wrestling to make his return to the courtroom.
Was he able to lay down either of his finishing moves (the Verdict and the Case Closed) to pull out a win?
* Illinois is suing Standard & Poor’s, accusing the financial services company of misleading investors and putting the country in the poorhouse thanks to its high ratings for mortgage-backed investments. [Washington Post]
* Groupon: now ethical for advertising legal services in New York thanks to this recent opinion from the New York Bar Association Committee on Ethics. Will Biglaw start catering to deal hunters? Prediction: hell no. [WSJ Law Blog]
* Get off my lawn, you damn kids! A lawyer from Long Island was arrested after firing a warning shot into the air and holding a neighborhood teen at gunpoint following several rounds of “ding dong ditch.” [CBS New York]
* A woman is suing Lindsay Lohan, claiming that LiLo hit her with her Maserati. She’s suffered from disabling personal injuries, pain, anguish, and a lack of settlement money. [Daily Mail]
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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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: asia@kinneyrecruiting.com.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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