* Is Ashley Madison (the dating site for adulterers) a scam? [Forbes]
* Ah, the real reason Hosni Mubarak finally stepped down. [Slate]
* These are the kind of epic meltdowns that happen when hedge fund folks tangle with Bess Levin. [Dealbreaker]
* Which law firm claims to embrace diversity while one of its partners — a woman who was once married to a gay man, by the way — goes on TV to bash GOProud (a prominent gay conservative group)? [Pam's House Blend]
* Speaking of law firms and LGBT issues, why is it taking so long for WilmerHale partner Edward DuMont, the first openly gay nominee for a federal appeals court in U.S. history, to get a hearing? [The BLT: The Blog of Legal Times]
Remember the hilarious So You Want To Go To Law School video? The genius behind it, Virginia lawyer David Kazzie, recently sat down with The Careerist to share the backstory behind the video (which was one of the 25 most-viewed videos last month in YouTube’s film/animation section).
So who is David Kazzie? And has he done other law-related videos?
It has been a while since we’ve had one of these cut-rate animation movies discouraging people from going to law school. There have been some great ones in the past: A Law School Carol springs to mind, as well as Don’t Go To Law School.
There was a time when I thought little video clips like the two above would actually help someone. I thought that if people won’t listen to the shrill voices of people like me, they might take advice from Lego-lookalikes speaking in a dull monotone.
But those were the heady days of 2009, when the craptastic state of the legal economy finally started to seep into the consciousness of prospective law students and lawyers. Now, thanks to the Great Recession, there’s less of a need to educate prospective law students about what they’re getting themselves into. Now, these little videos aren’t important teachable moments, they’re simply fun opportunities to make fun of people who fail to look out for themselves. They are opportunities for those who have been through the law school wringer to sit back and enjoy themselves — and exchange knowing glances among fellow colleagues.
The one we just came across today hits exactly the right note…
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
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: