If you’ve been a loyal reader of Above the Law, you know that law school graduates have done some pretty crazy things to pay off their educational debt, up to and including the attempted sale of their law degrees on websites like Craigslist and eBay. Back in 2008, a graduate of DePaul Law tried to sell his degree on eBay for $100,000, the approximate value of his law school loans. Similarly, in 2010, a graduate of Georgetown Law attempted to sell his degree on Craigslist for his remaining student loan balance.
Some of these stunts failed miserably, but others (sort of) worked — the disgruntled Georgetown graduate managed to sell his diploma for 10 percent of the original asking price. But what about the current deluge of downtrodden law students? What can they do to offset their student loan debt?
Well, they can sell their names on eBay, for starters….
One of the worst parts of attending an institute of higher learning, whether for undergraduate studies or law school, is being forced to purchase overpriced textbooks that in all likelihood you will never need or open.
A cottage industry has sprouted up for people trying to find ways to let students pay less for the costly laptop stands. These days, students can take advantage of local used bookstores, Amazon or eBay, and in some cases, their iPads.
Earlier today, the Supreme Court agreed to hear a case regarding the legality of one unexpectedly common way to make a little cash, and still sell affordable-ish books: buy that s**t abroad for cheap, bring the books back to the U.S., and sell them online for normal American prices.
Unsurprisingly, publishers are not excited about this emerging “gray market.” That’s where SCOTUS comes in….
Here at Above the Law, we know that thanks to the powers of the internet, you can buy and sell just about anything on eBay, including stuff that may be relevant to your life in the law. We’re talking about things like:
Alas, one student at Temple Law School didn’t get the “no begging” memo. She sent out a Facebook invitation to almost 800 people, requesting their attendance at an event entitled “HELP [REDACTED] RAISE MONEY FOR THE BAR EXAM IN JULY!!!!”
Yes, she’s asking her law school classmates — some of whom are probably just as cash-strapped and debt-burdened as she is — to just give her money.
Or pay her for one of her magic spells. Because she’s a witch, you see….
We talk a lot about how expensive legal education is and how prospective law students need to think rationally about their debt exposure before they try to finance a legal education.
I’m not sure if this law student did any of that thinking. But I am sure that her solution to the high cost of legal education is pretty ridiculous. After selling off most of her “excess” possessions on eBay, she decided to use the site to solicit direction donations for her legal education. She’s not taking on more debt, she’s not going out and getting a job — she’s asking for charity.
* Here’s a list of America’s Worst Bosses for 2010. Shocker: some of them are lawyers. [eBossWatch]
* Is this a legal and/or fair way to get a flaking eBay auction winner to pay up? Maybe all is fair in love and war e-commerce — although that approach didn’t work out well for Vitaly Borker. [Reddit via Consumerist]
* Filing a lawsuit against McDonald’s over Happy Meals makes me sad — and Walter Olson mad. (Disclosure: I once worked at McDonald’s.) [New York Daily News]
* Speaking of delicious things — and readers, please note my use of “delicious” to refer to food — how do you overcome the “cupcake challenge”? A panel of experts, including my law school classmate, Georgia state legislator Stacey Abrams, tackled this question in a panel discussion at the U.S. Chamber of Commerce. [The ChamberPost]
* Single D.C. lawyers, there’s still time to entrust your love life to Kashmir Hill. We have many responses, but there’s gender imbalance right now. Kash needs men — please help! [Above the Law]
Earlier this week, we brought you the story of Nelson v. Jones Day — a discrimination lawsuit filed against Jones Day by Jaki Nelson, an African-American woman who worked at JD for almost 18 years. Some of the allegations in Nelson’s complaint — use of racial slurs by firm partners and administrators, sex scandals, and rampant bullying — were salacious and incendiary. If you haven’t already done so, read more about them in our earlier post.
As litigators well know, however, there are two (or more) sides to every story. And this lawsuit is no exception.
(We’re reminded of Aaron Charney’s lawsuit against Sullivan & Cromwell, alleging anti-gay discrimination. Based on the same reporting, some viewed that lawsuit as Philadelphia: The Sequel, while others saw it as an oversensitive and entitled associate suing a firm with no anti-gay bias — and numerous gay partners and associates.)
After we published our post, sources came forward to defend Jones Day and the lawyers mentioned in the complaint — and to dish dirt on the plaintiff, Jaki Nelson….
If your firm is in ‘go’ mode when it comes to recruiting lateral partners with loyal clients, then take this quiz to see how well you measure up. Keep track of your ‘yes’ and ‘no’ responses.
1. Does your firm have a clearly defined strategy of practice groups that are priorities of growth for your office? Nothing gets done by random chance, but with a clear vision for the future. Identify the top practice areas for which you wish to add lateral partners. Seek input from practice group leaders and get specifics on needs, outcomes, and ideal target profiles.
2. In addition to clarifying your firm’s growth strategy, are you still open to the hire of a partner outside of your plan? I’ve made several placements that fit this category. The partner’s practice was not within the strategic growth plan of my client, but once the two parties started talking with each other, we all saw how it could indeed be a seamless fit. Be open to “Opportunistic Hires.” You never know where your next producing partner might come from, so you have to be open to it. I will be the first to admit that there is a quirky element of randomness in recruiting.
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: firstname.lastname@example.org.
We currently have a very exciting and rare type of in-house opening in China at one of the world’s leading internet and social media companies. Our client is looking for an IP Transactional / TMT / Licensing attorney with 2 to 6 years experience. The new hire will be based in Shenzhen or Shanghai. Mandarin is not required (deal documentation will be in English) but is preferred. A solid reason to be in China and a commitment to that market is required of course. This new hire will likely be US qualified (but could also be qualified in UK or other jurisdictions) and with experience and training at a top law firm’s IP transactional / TMT practice and could be currently at a law firm or in-house. Qualified candidates currently Asia based, Europe based or US based will be considered. The new hire’s supervisors in this technology transactions in-house team are very well regarded US trained IP transactional lawyers, with substantial experience at Silicon Valley firms. The culture and atmosphere in this in-house group and the company in general is entrepreneurial, team oriented, and the work is cutting edge, even for a cutting edge industry. The upside of being in an important strategic in-house position in this fast growing and world leading internet company is of the “sky is the limit” variety. Its a very exciting place to be in China for a rising IP transactional lawyer in our opinion, for many reasons beyond the basic info we can share here in this ad / post. This is a special A+ opportunity.
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