Debt
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Law Schools, Money, Student Loans
Law School Tries To Pressure Students Into Snap Decision With 'Buy Now' Sales Tactic
If somebody tries to sell you a spot in law school like it's a bolo tie on QVC, you should be very suspicious. -
Job Searches, Law Schools, Media and Journalism, Student Loans, Unemployment
About Two-Thirds of Parents Want Their Kids to Be Lawyers
These people have very high hopes for their special little snowflakes. - Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get… -
9th Circuit, Bankruptcy, Money, Pro Bono, Student Loans
In Ruling on Undue Hardship, Court Is Not Allowed To Come Into Your House and Repurpose Your Wife
This guy succeeded in discharging his student loan debts, and he didn't have to pimp out his wife...
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Art, Bloomberg, Environment / Environmental Law, Non-Sequiturs, Rankings, State Attorneys General, State Judges, State Judges Are Clowns, Student Loans, U.S. News
Non-Sequiturs: 05.17.13
* NY Attorney General investigating fast food restaurants for shorting their employees. This is a worthwhile cause, but what he should be looking into is who ate the bones? [CNN] * Two more law schools, University of Mary Hardin-Baylor and York College of Pennsylvania admit they gave false information to U.S. News resulting in better rankings. Those were their BETTER rankings? [TaxProf Blog] * To keep “misleading statistics” in perspective, the Department of Education leveled one of its steepest fines on Yale for covering up multiple “forcible sex offenses” to keep its campus safety statistics down. [Chronicle of Higher Education] * A measure of resource governance finds the U.S. has the second best governance of its oil, gas and mining sectors. Give yourself a hand regulators. And we’re gunning for you Norway! [Breaking Energy] * The Honorable Felicia Mennin does not grasp how time works. Thinks artist should have been more conscious of the public fear surrounding the Boston bombings… back in February. [New York Times] * Congratulations readers for helping the profile of a White House petition to reform student loan policy. Here are a couple more if you feel like making more reforms to the process… or at least more suggestions for reforms that will sit on someone’s desk. [Whitehouse.gov and Whitehouse.gov] * Is political intelligence practice too risky? Is political intelligence an oxymoron? An interview with Robert Walker of Wiley Rein LLP after the jump [Bloomberg Law] -
Barack Obama, Biglaw, Environment / Environmental Law, Politics, Student Loans
Non-Sequiturs: 05.16.13
* A White House petition started by a young lawyer asking that at least student loan interest be tax deductible like interest on a mortgage to help out those folks like, frankly, most lawyers, who make too much money to deduct their student loans. [WhiteHouse.gov] * Antoinette “Toni” Bush, partner-in-charge of Skadden’s communications group, is leaving the firm to become global head of government affairs for Rupert Murdoch’s News Corp. Free tip: brush up on your hacking law. [Am Law Daily] * The Department of Energy may adopt a new “commercial maturity test” to get rolling on the backlog of liquid natural gas export license requests. And that, of course, will spur the inevitable lawsuits. [Breaking Energy] * Apparently, President Obama dreams of “going Bulworth and resents the “Harry Potter theory of the presidency,” that the President can wave a wand and make things happen. So he’s pro Pras, Maya, and ODB, and anti-Hagrid. Who’s anti-Hagrid??? [New York Times] * Lois Lerner, the manager at the center of the IRS “scandal,” has backed out of delivering the keynote at the WNEU Law commencement. I’m pretty sure Staci would do a better job… of running the IRS. [Boston Herald] * Overlawyered blasts the Daily Caller for trying to tie Lerner to Obama via her husband, Michael Miles of Sutherland, Asbill & Brennan because the large firm had some ties to Obama. Blerg. Meanwhile, this “partisan scandal” is turning out to be bipartisan entirely based on which IRS office the groups dealt with. [Overlawyered] * Congratulations to this guy. Must have been a hell of a feast. [WDRB] -
Law Professors, Law Schools, Money, Quote of the Day, Student Loans
Progressive Professors Profit, Putting Pupils in Poverty
Law professors are living high off the hog while law students are drowning in debt. -
Facebook, Law Schools, Social Media, Social Networking Websites, Student Loans, Twittering
If You Don't 'Like' Your Student Loan Servicer on Facebook, You Will Default
You better follow your loan servicer on social media sites if you don't want your credit to be ruined! -
Admin, Basketball, Crime, Drinking, Law Professors, Law Schools, Non-Sequiturs, Sports, Videos
Non-Sequiturs: 04.10.13
* Louisville coach Rick Pitino promised his players that he’d get a tattoo if they won the NCAA tournament. I’m hoping Peter Kalis makes the same pledge if K&L Gates makes its projected annual profits. [Huffington Post] * The Harvard Federalist Society held a conference on the importance of intellectual diversity in the legal academy. Somewhere out there, Ted Cruz nods solemnly. [Volokh Conspiracy] * A public service announcement: Don’t wank and drive. [Lowering the Bar] * Hey, Houston readers! Since I’m in town for our event tonight, I wanted to give a plug for the OKRA Charity Saloon. I visited last night and it was great — a beautiful space and all the profits go to a charity that you get to vote on (one ballot for each drink you get). An all-around great idea. So if you’re looking for a location for your next happy hour… [OKRA Charity Saloon] * James Poulos makes a good point: it may put you horribly, horribly in debt, but education is still a good thing. [Forbes] * Tomorrow check out our newest series: Unofficial Orientation to Law School. We will be video chatting with students, professors, and hiring managers about how 0Ls can successfully launch their legal careers. This series is presented by LexisNexis, BARBRI, and Law Preview, a BARBRI Company. [Above the Law] * Have you ever wanted to see puppets set to the L.A. Law theme song? No? Well, after the jump you can see it anyway…. - Sponsored
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
In this CLE-eligible webinar, we’ll explore the most common accounting pitfalls and how to avoid them for your firm. -
Law Schools, Student Loans
Need a Rural Lawyer? Why Not Use a Quasi-Indentured Servitude Plan?
Good plan or great plan? It depends on if you want to live in the middle of nowhere. -
Law Schools, Student Loans
State Comes Up With Quasi-Indentured Servant Plan For 16 Law Students
As long as we ignore Thirteenth Amendment concerns, this plan sounds great! -
Job Searches, Law Schools, Student Loans
Open Thread: Are You Still Happy You Went to Law School?
There's much to be said about law school these days, but are you better for having gone? -
2nd Circuit, Barrington Parker, Biglaw, David Boies, Federal Judges, Hedge Funds / Private Equity, Litigators, Money, Partner Issues, Ted Olson, Wall Street
Clash of the Biglaw Titans: Ted Olson and David Boies Meet in Second Circuit Showdown
Earlier this week, Ted Olson and David Boies, along with lawyers from Cleary Gottlieb and Reed Smith, argued an appeal with billions of dollars at stake. -
Law Schools, Student Loans
Using Michigan Law's 'Debt Wizard' Should Be Part Of The LSAT Games Section
You should be required to use and understand this tool before you apply to law school.
Sponsored
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The Business Case For AI At Your Law Firm
Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
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Fabulosity, Law Schools, Money, Public Interest, Student Loans, Television, UVA Law
Law Student Wins Money To Repay Student Loan Debt On Live Television
How can you win money to pay off your law school debt? It's as easy as being a decent human being! -
Bankruptcy, Biglaw, Dewey & LeBoeuf, Dewey Ballantine, Dissolution, LeBoeuf Lamb, Money, Partner Issues
Dewey Have A Confirmed Chapter 11 Plan? Yes We Do!
What happened at this morning's hearing to confirm Dewey's bankruptcy plan? Detailed commentary, plus photos. -
Education / Schools, Job Searches, Law Schools, Money, New York Times, Pets, Student Loans
In Defense of Law School: It's Not the Only Alleged Culprit in Higher Education
This 30-year-old woman has $312,000 in student loans and earns just $60,000 -- and no, she's not a lawyer. What does she do for a living? -
American Bar Association / ABA, Biglaw, Law Schools, Money, Morning Docket, Murder, Partner Issues, Partner Profits
Morning Docket: 02.22.13
* Law School Transparency? Nay, Biglaw Transparency! Peter Kalis, global managing partner of K&L Gates, just opened the kimono wide on his firm’s financial performance in an “unusually detailed” fashion. [Wall Street Journal (sub. req.)]
* Talk about a pain in the pocketbook: according to American Lawyer, profits per partner and revenues are slowly swirling down the drain at several Biglaw firms, with shrinkage of 16 percent in PPP at one firm. [Thomson Reuters News & Insight]
* The ABA is just now thinking of trying to find someone who will audit the graduate employment data that law schools release each year. Gee, it only took 15 fraud lawsuits to get the ball rolling. [National Law Journal]
* Oh my God, you guys, carrying six figures of law school debt on your shoulders is “unsustainable” in the long run, especially when your salary sucks. This is new information that no one’s heard before. [News-Gazette]
* Former U.S. Attorney Jim Letten is now Tulane Law’s new assistant dean for experiential learning. For the school’s sake, hopefully he’ll be able to control his students better than he did his AUSAs. [Tulane Hullabaloo]
* “You’re a cold-blooded murderer and I’ll stare you down until I die.” Drew Peterson was sentenced to 38 years in prison for the murder of his third wife. A sequel to the Lifetime movie is likely forthcoming. [Reuters]
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American Bar Association / ABA, Job Searches, Law Professors, Law Schools, Money, Quote of the Day, Student Loans, Unemployment
Quote of the Day: The Law School Dream Is Dead
Joblessness, debt, and bitter rage: just some of the shiny, new things a law degree will get you in 2013. -
7th Circuit, Books, Clarence Thomas, Gay, Gay Marriage, Law School Deans, Law Schools, Money, Morning Docket, SCOTUS, Social Media, Social Networking Websites, Student Loans, Supreme Court
Morning Docket: 01.24.13
* The revised transcript from the day Justice Thomas spoke during oral arguments has arrived, and it seems his record for not having asked a single question from the bench is still intact. [WSJ Law Blog (sub. req.)]
* The Seventh Circuit ruled on Indiana’s social media ban for sex offenders, and the internet’s filth will be pleased to know they can tweet about underage girls to their heart’s content. [National Law Journal]
* Propaganda from the dean of a state law school: lawyers from private schools are forcing taxpayers to bear the brunt of their higher debt loads with higher fees associated with their services. [Spokesman-Review]
* Rhode Island is now the only state in New England where same-sex couples can’t get married, but that may change as soon as the state Senate gets its act together, sooo… we may be waiting a while. [New York Times]
* It’ll be hard to document every suit filed against Lance Armstrong, but this one was amusing. Now people want their money back after buying his autobiography because they say it’s a work of fiction. [Bloomberg]
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Crime, Law Schools, Student Loans
Law Graduate Allegedly Robs Bank Because Of His Student Debt (And Because He Might Be Cray-Cray)
We need to stop and think before arming weird people with law degrees...