Thad Money, a former roommate of Stephen McDaniel, came to public attention last week when his name was mentioned at McDaniel’s magistrate court hearing. In building their case against McDaniel, Macon police are relying in part on Money’s recollections of the defendant.
After the hearing, Thaddeus Money gave an interview to the Macon Telegraph. Let’s learn more about this young man, and hear what he has to say about his ex-roomie….
One of the lasting effects of the recession has been clients wising up on the value of first-year associates (or the lack thereof). Many at large law firms knew that junior associates contributed little more than manpower during their first couple of years at a firm. But only in the crucible of the recession did clients start asking why they were paying money to finish the training of junior Biglaw associates.
Of course, being able to bill out your new labor at high billing rates is a key part of the law firm business model. Firms are already in a bind: since American law schools insist on graduating students with little to no practical skills, the kids must be trained. Training them on the client’s dime (while the law firm partners pocket a profit) is just one of the ways it has always been done.
But those who do not innovate die. Today brings news that two major law firms are going to try something different with their first-years.
The first-years will get paid their usual $160K salary. But at least at the start, they’ll have to go through more training…
Are there people out there who don’t think we’re heading for a student loan default crisis? That’s a serious question. I’m wondering if there are actual professionals out there who think that student debts are a safe bet? If so, can those people be exiled to one of the PIGS countries where they can breed in their natural habitat?
Today we have more evidence that the student loan market is headed for disaster. We live in a world where the cost of education has become completely disassociated from the value that the education provides. The tuition is too damn high, and there aren’t enough high paying jobs available for all of the young people with enormous debt.
For many recent college graduates, default is inevitable. The numbers are starting to catch up with reality….
There has been a lot of talk in the media lately about how law schools are failing to adequately prepare recent graduates for the working world. Because after having your nose in a book for three years, let’s face it, you probably don’t know how to do “useful things with the law” that would actually help a client.
And in the spirit of killing two birds with one stone, law schools may soon have a solution for both of these problems. Instead of inventing temporary jobs to make you “practice-ready,” they might invent a whole law firm….
When I was a child, my mom’s friend visited the house and brought her newborn baby with her. Without warning, the woman whipped out her boob and began feeding the newborn in front of me and all of God’s creation. I stared for an uncomfortably long ten seconds at the parasitic orgy, then quickly scampered behind the curtains located less than five feet from the feeding frenzy. As I stood behind the curtains, my face beet red with embarrassment, my mother and her friend tried to coax me out, assuring me that everything would be okay. After an unusually long time behind those curtains, I stomped past the horror and made a beeline to the kitchen. I had to conquer my fear. I was also determined to salvage what was left of my 14th birthday party.
And so it was that a lady filed a complaint with the Equal Employment Opportunity Commission, claiming that she was fired from her job as a teacher because she had to leave the classroom to suck milk out of her boob.
Back in 2009, some teen girls in Indiana had a sleepover that lived up to any teen boy’s fantasy version of one. After racy photos from the summer slumber party made their way to the principal’s office, two of the athletes in attendance were suspended from school sports for the year. That’s, like, totally unfair, said the ACLU, which helped the students sue the school, alleging violation of their First Amendment right to post slutty photos of themselves online.
The girls took photos of themselves “playing” with “phallic-shaped rainbow colored lollipops,” in the court’s words. It sounds like the oh-so-innocent unicorn horn lollipop to me. Though unicorns are usually associated with purity and virginity, these girls took the horn in a different direction, using it in photo shoots that simulated various sexual positions. I’ll leave the descriptions to the court, which wrote one of the racier opinions [pdf] I’ve ever come across (via Professor Eric Goldman’s Technology and Marketing Law Blog)….
As we mentioned in Friday’s Non-Sequiturs, the legal team of Dharun Ravi has moved to dismiss the criminal charges against Ravi stemming from the suicide of Tyler Clementi. As many of you know, Clementi committed suicide after Ravi streamed video of Clementi hooking up with another guy.
Lawyers to Dharun Ravi discovered comments from Clementi suggesting that Clementi was concerned about his parents’ reaction to his sexual orientation. Other Clementi messages are getting more headlines. According to New York Magazine, Clementi “also made jokes about Ravi’s family, calling them ‘sooo indian / first gen americanish…his rents defs owna dunkin [donuts].’ In other words, typical teen asshole gossip, on both sides.”
Typical is how I’ve been describing Ravi’s behavior from the very beginning. I didn’t need the system digging into the past of a suicide victim to determine whether his roommate “caused” him to take his own life.
But this is what many people wanted. So now that we’re here, I’m wondering if people are happy….
When I was a little girl, I wanted to be a princess, an actress, and a firewoman. For most, growing up means losing the “and” (and the dreams of doing something so far-fetched, by which I mean me becoming a firewoman). Indeed, for many of my lawyer friends, particularly those in Biglaw, you become “a lawyer,” no “and.” Billing hours overtakes your life. If you are lucky, you become a lawyer AND someone who sleeps occasionally (on a huge pile of money).
I recently met a small-firm lawyer who embraced the “and.” Whether it is unique to the small firms where she has practiced or is true of many small-firm lawyers, Cheryl “Cheri” Richards reminded me of something I had forgotten about lawyers: they can be interesting and multidimensional….
The worst thing about being betrayed is the loss of innocence and optimism that forever changes the victim of the betrayal. The reality is so stark you can literally see it on people’s faces as they realize the extent to which an ally has turned on them. Robert the Bruce saw it on William Wallace’s face in Braveheart. My wife saw it on my face when Obama agreed to the debt ceiling deal. And you are going to see it on the faces of the young and educated when they realize that, once again, the president has sold them down the river for the cause of electoral expediency, even as Obama’s numbers drop so low that his heat can only be measured in Kelvin degrees.
In the total debt ceiling cave-in that will mark Barack Obama as the most successful Republican president since Ronald Reagan, there was one cut that really illustrates how little the president cares for his young, college-educated constituents. To save about $26.3 billion dollars, the debt ceiling deal eliminates the graduate student loan subsidy. That means that law students (and other grad students) will continue accruing interest on their non-dischargeable educational loans throughout their graduate studies.
I can see why they call education the “silver bullet,” because education certainly seems like a surefire way to kill one’s economic future….
On Friday, Dean Closius blew the lid off the way the University of Baltimore has been making money off the backs of the UB Law School, despite the down legal economy. Evidently, the UB administration took the weekend to examine its motives. Then, on Monday, UB President Bogomolny struck back hard. He sent an open letter to the U. Baltimore community (and the media), disputing Closius’s claims.
Oh, the University still takes money from the law school. A lot of it. President Bogomolny just claims that the University retains less than Closius says it does.
Yes, these kinds of “juking the stats” discussions are usually handled behind closed doors, but now we all get to see it…
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.
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The Four P’s
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