Did you lose all your money? Did your girl leave you? Is your life in shambles? Do you feel like you’re trapped in a bad country song?
Perhaps you’ve visited this sad little strip mall and stepped into all three of these stores one time too many…
* Jamie McCourt, a former family law attorney, strikes out in trying to set aside her divorce settlement with Frank McCourt, former owner of the Los Angeles Dodgers. She’s stuck with $131 million and several luxury homes. #richpeopleproblems [National Law Journal (sub. req.)]
* Good news for the news business: the Senate Judiciary Committee approves a federal media-shield bill. [Washington Wire / Wall Street Journal]
* Nathan Myhrvold, the CEO of a patent holding company, warns that anti-patent-troll sentiment could have unforeseen consequences. [Corporate Counsel]
* Praise in the WSJ for Unprecedented: The Constitutional Challenge to Obamacare (affiliate link), the new book by Professor Josh Blackman (who recently wrote a guest post for us on Supreme Court beauty contests). [Wall Street Journal (sub. req.)]
* If you’re in New York this weekend, go see Arguendo. Or buy tickets for the 7 p.m. performance on September 22, when I’ll be doing a talkback with artistic director John Collins after the show. Enter the discount code “ABOVE” for $35 tickets (a special rate for ATL readers). [Public Theater]
At the risk of sounding like a legal academia groupie, I must declare: I love law professors. I love their big brains, their big ideas, and their big paychecks. This is why Above the Law treats certain law professors like bona fide celebrities.
But nobody’s perfect, and that includes legal academics. For example, law professors have an unfortunate tendency to overcomplicate matters.
Take divorce. Two formerly married law professors have been involved in a knock-down, drag-out legal fight that judges have called “frightening” and “appalling.” Who are the profs, and what are they fighting over?
If your response to someone cheating on you is to file a lawsuit, then you have something in common with the lawyer at the center of this story.
After learning that his fiancée was cheating on him, it was off to the courthouse to bring fraud and intentional infliction of emotional distress claims. A scorned lawyer runs back to the safety and security of a forum that makes him or her most comfortable, I suppose.
After reading the complaint, this guy might just want to cut his losses and consider himself lucky because his ex sounds kinda terrible….
When my late grandmother heard I was going to law school, she recommended that I go into matrimonial law. It was her view that in a divorce, the real winner isn’t the husband, or the wife, but their attorneys: “The couple ends up with nothing, the lawyers end up with everything!”
That’s not exactly true. My grandmother — who worked as a doctor and not a lawyer, in a country that doesn’t have divorce — was hardly an expert on family law.
But there’s no denying that some divorces are very expensive for the couples — and very lucrative for the lawyers. One Biglaw partner and his (soon to be former) wife have racked up seven figures in legal bills. And they’re not even done yet….
* Want to know another thing that’s causing Biglaw to implode? All of these huge partner compensation spreads we’ve told you about are creating a “star culture,” and even law firm partners are capable of jealousy. [Am Law Daily]
* It looks like Charleston School of Law is the latest institution of legal education to be enticed and swallowed up into the for-profit InfiLaw System. Will a sale be next? We’ll have more info on these developments later today. [Post and Courier]
* Sorry, but in Pennsylvania, you cannot represent clients on a quid pro blow basis. You could get suspended for a year, like this guy. Wonder what his retainer agreement looked like. [Legal Intelligencer]
* The sole minority juror from the George Zimmerman trial — the one who was liable to allow the jury to be hung — is now telling the world she thought the acquitted “got away with murder.” [ABC News]
* Lawyers for accused kidnapper Ariel Castro are considering a deal offered by prosecutors that takes the death penalty off the table. He might be able to enjoy some ribs in prison if he’s there for life. [CNN]
* Neiman Marcus settled a case with a divorcée whose ex-husband was allegedly cheating on her with a saleswoman. You really can return anything, up to $1.4 million in value! [FDLuxe / Dallas Morning News]
If he doesn’t have a prenup, he would have to see a psychiatrist and not a lawyer.
– Raoul Felder, the high-profile divorce attorney to the stars, commenting on the high likelihood of there being an iron-clad prenuptial agreement between multi-billionaire Rupert Murdoch and his soon-to-be ex-wife, Wendi Deng.
Mr. Armstrong sat at the controls of Morgan Stanley, which employed and paid Blank Rome millions of dollars in fees, thus allowing Blank Rome to be the ultimate ‘puppet master,’ as Blank Rome could control Ms. Armstrong’s divorce litigation in a manner designed to protect Morgan Stanley.
(More about Armstrong’s allegations, after the jump.)
* With the capture of Boston bombing suspect Dzhokhar Tsarnaev, many legal questions are being asked, like if he’ll be Mirandized, where he’ll be tried, and if he’ll be considered an enemy combatant. [New York Times]
* Thanks for kicking this keg, Mr. Baer: the Department of Justice and Anheuser-Busch InBev have settled their antitrust differences with respect to beer brewery’s planned acquisition of Grupo Modelo. [Legal Times]
* Which firm has a “generous tuition reimbursement” program? And by “generous,” we mean 100% of law school tuition, which is awesome. We may have more on this later today. [Capital Business / Washington Post]
* Stan Chesley, the “master of disaster,” is retiring — not because he wants to, but because he’s disbarred in Kentucky and surrendered his Ohio license before the state could take it from him. [WSJ Law Blog (sub. req.)]
* California may soon follow in New York’s footsteps when it comes a pro bono mandate before bar admission, but the New Jersey Bar Association has an active hit out on the idea. [National Law Journal]
* In an effort to avoid a trial that would’ve lasted longer than their sham marriage did in the first place, fauxlebrity Kim Kardashian and NBA player Kris Humphries settled their divorce last week. [Reuters]
* Morris Kramer, an M&A pioneer and part of Skadden’s “Fab Four,” RIP. [DealBook / New York Times]
Marriage can be a tricky business, especially when it comes to an end. Just ask the former Skadden partner whose remarkable departure memo has everyone talking. Both his former and current marriage have attracted a lot of attention.
And at least his marriages were between one man and one woman. When same-sex unions fall apart, things can get especially complicated….