* Spring break is here for many students, and I know what they’re all thinking: what are the tax implications? [TaxProf Blog]
* Man files suit because his adult son is addicted to video games. Well, with games like South Park: Stick of Truth coming out, who can blame him? [IT-Lex]
* Former Sandusky attorney under investigation for misappropriation of client funds. At least he’s only alleged to have showered himself with money. [The Patriot-News]
* Here’s a lesson in the value of knowing the law: DUI charges against a Chicago judge dismissed. Or maybe it’s more accurate to say, “the value of knowing the law needed to beat the rap after you’ve been arrested for totally forgetting the law.”[Checkpoints]
* Business development needs to be everyone’s responsibility in a law firm. Well, at the very least, it needs to be somebody’s responsibility. [The RelSci Web]
* Harvard Law professor seeks help writing regulations for the legalization of marijuana in Jamaica. Wait? It’s illegal in Jamaica? [HLS Administrative Updates]
Are porn stars’ rights deserving of strict scrutiny?
[W]hat I ask for is simple. I, like all other sex workers, want to be treated with dignity and respect. I want equal representation under the law and within societal institutions. I want people to acknowledge our humanity.
– Lauren A., a freshman at Duke University, defending her decision to perform in pornography to fund her education. In her personal manifesto, posted on xoJane, she rejects her categorization as a “bimbo” and a “whore,” and envisions a world in which sex workers will enjoy the equal protection of the laws.
Last spring, Duke Law students had a fit because Duke undergrads were taking up valuable space in the law library. I admit, I enjoy having a little bit of fun with Duke Law students (haters gotta hate), but I’m with them on this one.
Undergraduates have two or three libraries (or maybe more, I don’t know if Duke is one of those schools where every major department has a library in its campus headquarters) where they can go play footsie and pretend to study. Or they can go to the business school library (the MBA kids are all at the bar “networking”) or the medical school library (the would-be doctors are busy being bought by drug companies or conducting unnecessary tests).
But at the law library people need to work. You can’t learn the law without spending a lot of time quietly reading the opinions of old white men (shut up “law firms,” nobody spends three years and $100K to learn practical lawyering skills). Those cases aren’t going to brief themselves! Law students need a quiet environment to think deeply and prepare for the eight hours of terrified regurgitation to come.
It looks like the administrators of Duke finally got the message…
You know what scares me? There’s a version of my career where I end up as the bizzaro version of Tucker Max. The “fat, black, and married” version of Tucker Max. The “other guy” who used douchebag behavior to get through elite institutions, just like Tucker Max.
It’s like, if I everything goes wrong for me but I end up with a book and a movie deal, I’ll be a Tucker Max clone. It’s not likely, but the mere possibility of it keeps me up at night. I’m a nice guy, really, I am. I’m not nice to, like, people or anything, but I have a good soul. I don’t want to be the black Tucker Max! And I’m not.
But then I read things like Max’s latest tweet, and I think “Dear God, is that what I could become?”…
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: