* As an in-house compliance officer, there’s only one guarantee: you’ll be paid, and you’ll be paid quite well — we’re talking like six-figure salaries here. Regulatory corporate compliance, on the other hand, isn’t such a surefire thing. [WSJ Law Blog (sub. req.)]
* When it comes to employment data, this law dean claims that using full-time, long-term positions where bar passage is required as a standard to measure success in the employment market is “grossly misleading.” Uhh, come on, seriously? [Am Law Daily]
* “Bar passes and jobs are inextricably tied,” but eight of New York’s 15 law schools had lower bar passage rates than last year for the July exam. Guess which school came in dead last place. [New York Law Journal]
* Dominique Strauss-Kahn officially settled the sexual assault civil lawsuit that was filed against him by Nafissatou Diallo. Given that she thanked “everybody all over the world,” it was probably a nice payout. [CNN]
* Steven Keeva, a pioneer in work/life balance publications for lawyers, RIP. [ABA Journal]
[S]chools don’t have to go so far as to declare such specifics to the world as having a sheep farmer and a professional poker player in their graduating class to make some salubrious steps toward being a bit more forthcoming.
– Sarah Zearfoss, Michigan Law’s Senior Assistant Dean for Admissions, Financial Aid, and Career Planning, commenting on the need for increased transparency in the employment statistics law schools present to prospective students who peruse their websites.
If there’s one thing that lawyers love more than arguing, it’s law school rankings. Whether you’re a prospective law student, a current law student, or a law school alumnus, you’re likely obsessed with the U.S. News law school rankings, the most well-known of all national law school rankings.
But come on, let’s be real with ourselves: members of the legal profession are unhealthily obsessed with rankings in general. From the rankings that seem to defy logic and common sense to the rankings that seem nonsensical at best, if they’re out there, we know that our loyal readers are going to salivate over them.
One major criticism of the U.S. News rankings of late is that prospective law students still place a far greater weight on these rankings than any other metric — which is quite foolish. That’s why we were excited to see that Law School Transparency recently released an alternative to the U.S. News law school rankings, based on factors that ought to be important to would-be law students: cost and employment outcomes.
Let’s check out the LST rankings alternative, and see what they’ve got to offer….
* Gloria Allred’s “October Surprise” for Mitt Romney didn’t exactly go according to plan, but that’s probably because she never filed the appropriate motions related to the gag order in this decades old divorce case wherein Mitt Romney testified. [Bloomberg]
* This Election Day, 16 Biglaw firms in offices across the country will be manning an Election Protection hotline to field questions, because despite the bad jokes about the legal profession, “lawyers can play a really valuable civic role.” [Am Law Daily]
* “We never make decisions to eliminate positions with any discriminatory conduct.” In other news from the CYA Department, Paul Hastings really doesn’t like getting sued by former legal secretaries who were laid off by the firm. [Thomson Reuters News & Insight]
* The assistant dean of academic support at TSU’s Thurgood Marshall School of Law claims the school discriminated against her based on her skin color. Did we mention she’s white? [Courthouse News Service]
* Apparently the allegations of false reporting levied against TJSL are a “crock of crap” because the school claims the ex-employee who told on them never alerted the dean. Hmm… [Thomas Jefferson School of Law]
* A nice pipe dream: now that “the twilight of the generalist law degree is here,” perhaps law schools will move to a two-year model, with an optional third year for specialization purposes. [DealBook / New York Times]
Back in March, we reported that Thomas Jefferson School of Law’s motion to dismiss Anna Alaburda’s class action lawsuit over the school’s allegedly misleading employment statistics was “not well-taken,” and the case moved on to the discovery phase. We had previously wondered if Thomas Jefferson could actually lose the case, but given the wave of dismissals in the other law school lawsuits, that glimmer of hope soon faded. But then again, none of those cases ever made it to discovery.
Today, we’ve got news that will make all other schools pray that existing and potential cases against them never make it as far as that of Alaburda v. TJSL, the very first law school lawsuit filed. Everything — and we do mean everything — changes when you get to discovery.
For example, you may find out that your law school was allegedly engaged in a deliberate scheme to inflate its own employment statistics….
* Oh, by the way Dewey & LeBoeuf partners, the little contribution plan you signed that received court approval last week might not protect you from your former landlord’s claims for back rent. Hope you’ve all got an extra $45 million sitting in the bank. [Am Law Daily]
* Louisiana Supreme Court Justice Bernette Johnson will finally get to claim her seat as chief justice of the state’s high court after official judicial recognition — on both the state and federal level — that the year 1994 does indeed come before 1995. [Bloomberg]
* No matter how hard law school administrators wish it were so, or how much they beg Jim Leipold of NALP, he’s never going to be able to describe the current entry-level legal job market as “good.” [WSJ Law Blog]
* NYU Law School is changing its third-year program in the hopes of making a “good” market materialize. If you ship students to foreign countries for class, maybe they’ll get jobs there. [DealBook / New York Times]
* “[W]e’re determined to do everything we can to help them find jobs and meaningful careers.” We bet Brooklyn Law’s dean is also determined to avoid more litigation about employment statistics. [New York Law Journal]
* Has the other shoe finally dropped? After the Second Circuit ruled that YSL could sell monochromatic shoes, the fashion house decided to drop its trademark counterclaims against Christian Louboutin. [Businessweek]
* To prepare for the upcoming term, the Supreme Court added six new cases to its docket. Much to our chagrin, none of them are about gay marriage. In other news, Matt Kaiser was right: this is a term only a lawyer can love. [National Law Journal]
* “We are not going to forget where we came from.” As it turns out, not everyone at this firm is a “huge [bleep]hole.” Cozen O’Connor announced this week that Michael J. Heller will step up to serve as the firm’s chief executive officer. [Philadelphia Inquirer]
* Apparently law school deans are “merely middle management.” Frank Wu, Chancellor and Dean of UC Hastings Law, gives an interesting insider opinion about what the view is like from the top of the ivory tower. [Huffington Post]
* “Caveat emptor makes for a lousy law school motto”: an exposition on why law schools should tell their prospective students the truth about their job prospects after graduation. [Thomson Reuters News & Insight]
* Anna Gristina, the Millionaire Madam, pleaded guilty to one count of promoting prostitution. Does this mean we’ll never find out more about the “prominent Manhattan lawyer” who was allegedly a client? [New York Post]
* New Jersey Assemblyman Ronald Dancer (ne Fist Pumper) proposed a piece of legislation called the “Snookiville Law.” If it means more cash for the towns that have to suffer wrath of reality TV, then so be it. [CNN]
* Hey, “regular students” with “regular backgrounds,” you may be able to get a job as a SCOTUS clerk, because Justice Clarence Thomas is the Supreme Court’s honey badger in that he doesn’t give a sh*t about rankings. [Seattle Post-Intelligencer]
* Because $1.05 bill wasn’t quite enough, Apple is asking for additional damages in its patent war lawsuit against Samsung. Ohh, come on, Judge Koh, it’s just an extra $535 million. Everyone else is doing it, come on. Just give us the money. [Bloomberg]
* The D.C. Circuit suit about White House visitor logs is kind of like a recurring issue we see with law schools, in that transparency here means “[w]e will disclose what records we want you to see.” [National Law Journal]
* Sumner Redstone recently donated $18M to BU Law. Will his successor be as charitable? From Columbia Law to Shearman & Sterling to media mogul: meet Philippe Dauman, CEO of Viacom. [New York Times]
* “The employment statistics really are the collective impact of individual choices.” And one of them was attending law school anyway, despite all of the negative media attention they’ve received. [Cincinnati Enquirer]
* Remember the Harvard Law student who ran for Student Government President and pledged to resign after rewriting the organization’s constitution? Well, he graduated, but at least he got a draft in. [Harvard Crimson]
* These are some sad times in Texas, y’all. It really hasn’t been a very good week for the Lone Star state in the courts. First their redistricting plan got thrown out, and now their voter ID law has been struck down. [CNN]
* Jeh Johnson of the Defense Department may take legal action against the former Navy SEAL who wrote a book about the Osama bin Laden raid, calling it a “material breach” of duty. Must be good; go buy it! [CBS News]
* Bros will be bros: disbarment has been recommended for an attorney who failed to disclose to clients that he had been suspended for banging an underage chick who worked at his office. [National Law Journal]
* Here are 15 Northeast law schools ranked by employment rate. After getting excited that mine was on the list — albeit dead last — I realized I’m seriously a low expectation havin’ motherf**ker. [Boston Business Journal]
* George W. Huguely V, the UVA lacrosse player who beat his girlfriend to death, was sentenced to 23 years in prison. Distasteful joke alert: for his sake, we hope the prison uniforms have poppable collars. [Bloomberg]
* A Maryland lawyer with autism and Sensory Processing Disorder has created a way for people to stop getting up in your personal space while riding public transportation. Say hello to the Sensory Shield! [Huffington Post]
* Dewey know how much it costs to keep this failed firm on life support while its remaining partners try to collect D&L’s unpaid bills? A little more than $2M a month, according to the latest reports. [WSJ Law Blog]
* Former Missouri senators — including two Am Law 200 partners — are asking begging Rep. Todd Akin to step aside so the Republicans’ chances of securing the Senate seat aren’t legitimately raped. [Am Law Daily]
* Howrey going to explain this one to the judge? The defunct firm is blaming a deadly forklift accident at a document-storage warehouse for hindering its wind-down process. [Bankruptcy Beat / Wall Street Journal]
* “No matter what they said, it’s not material? Is that what you’re alleging?” It figures that a Skadden partner argued that employment statistics were irrelevant in the fraud class action suit against Brooklyn Law School, but at least the judge attempted to set him straight. [National Law Journal]
* Alaska is suing to overturn federal oversight of its elections, because the portions of the VRA aimed at protecting African Americans aren’t applicable if you can see Russia from your house. [Chicago Tribune]
* An official at ICE is suing because his boss, a woman, allegedly “created a frat house-type atmosphere that is targeted to humiliate and intimidate male employees.” Pledging totally sucks, bro. [New York Times]
* Psst, we think we know what Victoria’s secret is, and she’s no angel. According to police, she’s got a very bad temper, and if you deny her money for booze, she may strangle you to death with her bra. [Daily Mail]
No, this isn’t a pre-party before we come back next fall for the real thing. This IS the real thing. Quinn Emanuel is pushing the envelope on recruiting. The party is now. This is when you meet the partners and associates face to face. This is when we begin the dance that could land you an offer for your second summer BEFORE school starts in the fall.
First: You come to the party. Second: If you like us, you send your resume after June 1, 2014. Third: If we like each other, you get an offer.
We’re not waiting for fall. We’re not doing the twenty minute thing. This party is the real thing!
We hope you’ll join us, and look forward to meeting you.
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: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months (Robert Kinney and Evan Jowers will be in Hong Kong again March 15 to 23), and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.
Register today for the LGBT Bar’s Meet the Power Brokers: Financial Regulators event, held on Thursday, March 13 from 4:00 – 7:30pm. The event is specifically geared towards financial regulation and features an educational workshop and networking reception. Topics discussed will include the role of financial regulators, new rules and regulations related to the Dodd-Frank Act and developments in nation and international capital market regulation.
A reception will follow the workshop, allowing financial professionals to network and build relationships with individuals practicing in similar areas. The workshop will be streamed live via webinar for those individuals who are unable to attend the event in DC. For more information and to register, visit LGBTBar.org or contact Liz Youngblood at (202) 637-7661 or [email protected].
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