* This is a newly released video of NYPD kicking the ever-loving sh*t out of a homeless man, who was inexplicably charged with assaulting the officer who, again, beat him up on video. Inside a synagogue. Where the man was sleeping. With permission. Can’t wait to see the lawsuit that comes out of this. [Gothamist]
* SCOTUS has agreed to review the Arizona voter law. Oh goodie. [WSJ Law Blog]
* Everyone’s happy about the Dewey & LeBoeuf settlement except the Ad Hoc Committee and its LeBoeuf retirees, who called Judge Martin Glenn’s attempt to slap them down an “insult to injury.” [WSJ Law Blog]
* While South Carolina’s voter ID law wasn’t found to be inherently discriminatory, its enforcement was still blocked because people will be unable to get their sh*t together in time for the election. [Bloomberg]
* VP debate moderator Martha Raddatz’s 1991 wedding guest list has come under fire because Barack Obama was invited. Clearly there’s a conflict of interest worth arguing about here. [Washington Post]
* This man is nobody’s “butt boy”: Tom Keefe, the interim dean over at Saint Louis Law School, will be footing a $14,212 bill for his students in the form of ABA Law Student Division memberships. [National Law Journal]
* Strippers in California, Florida, Idaho, Kentucky, Texas, and Nevada will be making it rain, because they just scored a $12.9M class action settlement. That’s a whole lot of “college tuition”! [Courthouse News Service]
Ed. note: In honor of Columbus Day (and Canadian Thanksgiving), we’ll be on a reduced publication schedule today. We’ll be back in full force tomorrow.
* Should Biglaw firms bill by the result instead of by the hour? When some of the results-oriented strategies involve reading less and writing faster to improve work efficiency, we’re not sure how well this would work in a law firm setting. [New York Times]
* Roller coaster of employment: after losing 1,400 jobs in August, the legal sector added 1,000 jobs in September. Alas, there are way more than 1,000 new bar admittees gunning for all of those paralegal and secretarial positions. [Am Law Daily]
* “They were throwing furniture at both of us.” Both sides on the Jacoby & Myers non-lawyer firm ownership case took a beating before the Second Circuit during oral arguments, but who won? [New York Law Journal]
* This fall, Floridians will vote on constitutional amendments that deal with abortion and separation of church and state. Meanwhile, half the voters won’t read the entire ballot, so there’s that. [New York Times]
* A love triangle + an Arkansas Wal-Mart = a judicial suspension for Circuit Judge Sam Pope after an all-out brawl with… Bill Murray? Hey, at least this guy’s estranged wife got three punches in. [National Law Journal]
* Tyler Clementi’s family won’t file suit against Rutgers University and Dharun Ravi — instead, they’ll use the publicity from their son Tyler’s suicide for “positive purposes,” like supporting gay and lesbian youths. [CNN]
* “This guy is a bully, and he uses the court system to do it.” Robert V. Ward Jr., former dean of UMass Law, had to deal with Gregory Langadinos, a serial law school litigant, and it wasn’t pretty. [Boston Globe]
* According to a CNN poll, 67 percent of people who watched the debate thought Mitt Romney won, while only 25 percent thought Barack Obama won. Well, either way you slice it, there was definitely one loser: poor old Jim Lehrer. [CNN]
* If Barack Obama could’ve had his way, he would’ve put Osama bin Laden on trial to display American due process and the rule of law. We suppose that now he’ll just have to take credit for being the man who ordered the kill shot. [WSJ Law Blog]
* A handful of Biglaw firms advised on the T-Mobile and MetroPCS merger, but Telecommunications Law Professionals, a boutique firm, showed up to prove it could hang with the big boys. [DealBook / New York Times]
* From boutique to Biglaw? Joseph Bachelder, an executive compensation expert, shuttered his 10-lawyer firm in favor of joining McCarter & English as special counsel in New York. [Thomson Reuters News & Insight]
* Remember Ellen Pao, the former Cravath associate who sued Kleiner Perkins for sex discrimination? She now claims that the VC firm fired her. Of course, like everything else, KPCB denies it. [Bits / New York Times]
* A J.D. isn’t a hoax, but if law schools keep admitting huge classes, the degree will become one. The dean of UC Hastings Law thinks law schools should’ve reduced their class sizes a long time ago. [Huffington Post]
In a few hours, Mitt Romney and Barack Obama will meet in Denver, Colorado, for the first of three presidential debates (though the second is a town hall debate; are those really “debates?”). As lawyers, you likely possess more than a passing interest in the events of the evening.
You are also Above the Law readers, which means you likely possess more than a passing interest in reckless self-destruction through the massive consumption of alcohol.
As a lawyer, drinker, and college debate coach who gets way too into these things, I have constructed a drinking game to shepherd you through the process of viewing tonight’s debate….
From buying their family’s love to buying luxurious lawyerly lairs, attorneys at the nation’s largest firms do a lot of things with their wallets — and now they’re voting with them, too. Earlier this month, we brought you a story about Obama v. Romney in terms of which presidential candidate was leading in the race to collect campaign contributions from the wonderful world of Biglaw.
At present, Obama has an advantage over Romney, with $1.9 million pouring in from America’s 20 biggest firms, as opposed to just over $1 million for his opponent. When we last wrote about this important issue, lawyers from DLA Piper proved to be Obama’s greatest supporters, while Kirkland & Ellis showed up strong for Romney. But what we really want to know is which other firms are opening their hearts wallets for these political adversaries.
With only a little more than a month until Election 2012, let’s take a look at the firms that are making some of the largest (and smallest) political donations….
* Concussion litigation expert Paul D. Anderson discusses the nitty-gritty of all those football players suing because their job may have gave them brain damage. [Legal Blitz]
* In unnerving lawyer news, a Seattle litigator was arrested on accusations of sexually assaulting a masseuse at knifepoint. [Komo News]
* And on the other side of the country, a Pennsylvania attorney was specifically targeted in a home invasion that left him in the hospital with gunshot wounds. What is wrong with people this week? [Philadelphia Inquirer]
* This whole disastrous domestic dispute-turned-shooting could have been avoided by marrying a dog-lover instead of a cat lady. [Legal Juice]
* Casino magnate Sheldon Adelson explains why he’s putting all his chips on Mitt Romney. [Huffington Post]
* Here are some tips on acing your call-back interview. Seriously though, you really only need one item: a Trapper Keeper. [The Careerist]
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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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.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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