As longtime readers will recall, Deidre Dare (real name: Deidre Clark) was a Columbia Law School graduate who worked in the Moscow office of Allen & Overy. Everything was going swimmingly, until Clark decided to write some erotic fiction on the side — erotic fiction that may have been based in part on Clark’s experiences working as an expat in Russia. One thing led to another, and Clark’s employment at A&O was terminated.
Clark sued the firm in London, alleging her firing was improper; that suit was dismissed on jurisdictional grounds. She then sued in New York, making claims for sexual harassment, sexual discrimination, wrongful termination, and retaliation, among other claims.
When we interviewed her last year, Clark (a member of the New York bar) sounded confident about her chances of success in the Big Apple: “I think NY will take jurisdiction. And thank God for that.”
So, was Clark correct? Will her suit be moving forward in New York?
Last month, we reported on the latest adventures of Deidre Dare, the sexy expat lawyer who once worked in the Moscow office of Allen & Overy. Her London lawsuit against the firm was dismissed, but Dare is now suing A&O here in New York, seeking $35 million in punitive and compensatory damages.
In the same post, we mentioned that Dare was seeking to raise $25,000 to publish Expat, a book based on her time in Allen & Overy’s Moscow office. Dare described it as “a novel about a group of Westerners living and working in Moscow, Russia and their extravagant but dangerous lifestyle,” with a plot “inspired by a British Petroleum scandal that happened when I was there.”
Dare was trying to raise the $25K on Kickstarter, the popular website that serves as a fundraising platform for creative types with a surplus of ideas and a shortage of cash. Did she succeed?
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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