* Dewey think you should’ve signed up for the partnership contribution plan? That probably would’ve been wise. One of Dewey & LeBoeuf’s ex-service partners has been forced into Chapter 7 bankruptcy thanks to a clawback suit. [Am Law Daily]
* As long as the job market for new attorneys remains laughable, law schools will continue to make moves when it comes to deep tuition cuts. Say hello to a $30K drop in sticker price, Roger Williams University Law students. [WSJ Law Blog (sub. req.)]
* Syracuse Law’s class sizes keep getting smaller, but it was “strategically managed” — just like the new law building was financially strategically managed on the backs of alumni and their tuition. [Daily Orange]
* A trial date was set for Dzhokhar Tsarnaev’s friends who allegedly tried to cover up his role in the Boston bombings. No word yet on whether any stupid girls have set up fan clubs for them. [National Law Journal]
* The curtains are finally closing on the King of Pop’s life: Lloyd’s of London settled its insurance suit with Michael Jackson’s estate, and Conrad Murray’s involuntary manslaughter conviction was upheld. [AP]
Was this attorney able to moonwalk his way out of this without sanctions?
It has long been the case in Hong Kong that most UK law firms and a very small minority of US law firms have three month notice periods for their US associates built into their employment contracts. But until about 18 months ago it was not common for any firm to enforce a three month notice period when a US associate left solo[…]
Bankruptcy, Biglaw, California, Celebrities, Defamation, Dewey & LeBoeuf, Law Schools, Lindsay Lohan, Michael Jackson, Money, Morning Docket, Partner Issues, Pro Bono, Rap, Small Law Firms, Unemployment
* Dewey have some false expectations of success for this partner settlement agreement? Only one in four affected partners have signed on the dotted line, but advisers think the plan will win bankruptcy court approval. [Am Law Daily]
* “There comes a point where the prospects of substantially increasing your income just outweigh everything else.” Even on his $168K salary, this appellate judge wasn’t rich in New York City, so he quit his job. [New York Law Journal]
* The middle class needs lawyers, and unemployed law school graduates need jobs. The solution for both problems seems pretty obvious, but starting a firm still costs money, no matter how “prudent” you are. [National Law Journal]
* “This is a time when law schools are trying to look carefully at their expenses and not add to them.” New York’s new pro bono initiative may come at a cost for law schools, too. [Thomson Reuters News & Insight]
* Much to Great Britain’s dismay, Ecuador has announced that it will grant political asylum to Julian Assange of Wikileaks fame. Sucks for Ecuador, because Assange is known to not flush the toilet. [New York Times]
* A smooth criminal gets a break: Michael Jackson’s father dropped a wrongful death suit against Dr. Conrad Murray. It probably would’ve been helpful if his attorneys could actually practice in California. [Washington Post]
* Did Lindsay Lohan’s lawyers plagiarize documents from internet websites in their defamation filings against Pitbull? You can deny it all you want, but his lawyer is out for blood and sanctions. [New York Daily News]
* Guys in my high school White House dropped threats to veto defense bills authorizing infinite detention of U.S. citizens all the time, it was no big deal. Nothing like bastardizing the Sixth Amendment. [New York Times] * So much for occupying the court system, eh? This judge won’t budge on dismissals, and more than […]
* We suspected as much: it appears that the “poop tattoo” story is, er, “full of crap.” [The Smoking Gun] * What’s the first Michael Jackson lyric that Conrad Murray will hear in jail from his fellow prisoners? My vote: “I want to love you, pretty young thing.” [Hollywood Reporter] * Herman Cain wants the […]
* A bill to repeal DOMA made it past the Senate Judiciary Committee, but members of the Senate don’t do dick (unless it’s in an airport bathroom), so it’s probably not going anywhere. [Blog of Legal Times] * Next on the gay rights news beat, after waiting around for 18 months, WilmerHale attorney Edward DuMont […]
When doing research for her columns, Valerie Katz spends a lot of time thinking about how small-firm attorneys can get the right kind of attention. Here is a case study about a small-firm attorney who did just that….
With hundreds gathered outside of a courthouse in California (with a stunning lack of Michael Jackson impersonators), we can finally answer this lingering question. Who’s bad? Dr. Conrad Murray. Dr. Murray, the King of Pop’s doctor, has been found guilty of involuntary manslaughter. What kind of sentence is Dr. Murray looking at?
* People seriously need to stop complaining about alternative careers for attorneys. Having a JD can lead to a fulfilling career outside of the law, assuming you can make partner at Cravath first. [DealBook / New York Times] * Due to a decline in filing fees on the killing of the American dream, the Florida […]
My father is a military man. Accordingly, all things in life, from mundane trips to the grocery store to complex life decisions like planning for and choosing a college, was subject to careful, deliberate planning. Digesting evidence and facts was a far better road than the proverbial “crossing of fingers” and trusting that “it will all work out for the best.” Former NYC mayor Rudolph Guiliani said it best when he announced that “Hope is not a strategy.”
I was reminded of this adage when reading a few industry reports compiling data points about corporate legal departments and the ever –increasing complexity of the regulatory environment. Here are some shockers: