* A former general counsel has settled a case with the SEC alleging a slew of backdated options. It was suspicious when all the options were backdated to October 30, 1929. [ABA Journal; The Recorder]
* “If Microsoft Shuts Down Google Maps In Germany, How Does That Benefit The Public?” Um, it makes it harder for them to find Poland! Duh. [TechDirt]
* Senator Ted Cruz is having a rough go of it in the Senate. He’s already been publicly ripped by fellow Republicans John McCain and Lindsey Graham. Then he raised the ire of Senator Diane Feinstein, who has exactly zero patience for his crap. [Jezebel]
* Based on the description, HLN is licking its chops. [Craigslist]
* Supreme Court bobbleheads! I’m particularly impressed by Justice Brandeis riding the railroad. [Justices For Sale]
* To get yourself wound up for March Madness, here’s a fictional lawyer bracket from Constitutional Daily. Jack McCoy didn’t even make the field so this won’t be a repeat of the Above the Law winner. [Constitutional Daily]
Perhaps the winner of our Fictional Lawyer contest was never in doubt. Perhaps it was always obvious that the main character from the longest-running legal drama in the history of television was going to win this thing.
From my perspective, Lionel Hutz losing in the semifinal round was a huge upset. I don’t want to take anything away from Jack McCoy — whose face is probably next to the word “lawyer” in the dictionary for a generation of people — but I thought Lionel Hutz would walk away with this thing.
And in the other semifinal, there was another upset of sorts. Apparently Elle Woods is human after all.
I hope you all maxed and relaxed over the holiday weekend, because things are about to get serious. We have reached the final four stage in our Fictional Lawyers bracket. We started with 32 lawyer characters, but the top four shouldn’t really surprise anybody.
We’re giving you the rest of the week to vote on this one. We expect these match-ups to be close so it might be time to call on some friends to champion your favorites…
I want the record to show that I tried. In our Fictional Lawyer Madness contest, I really tried to find a lot of female legal characters to put into the bracket. Of the 32 lawyers in the bracket, eight were female. One fourth is not a lot, but given the preponderance of male lawyer characters this was a good representation.
But here we are, just in the Elite Eight, and we’re down to only one woman. Hey, we all know that if ladies voted as a bloc (like African-Americans or NRA members), they’d be the most powerful force in American politics. And therefore we all know that women don’t vote as a bloc.
But are we really living in a world where Elle Woods is one of the few things women will rally around?
And now our Fictional Lawyers Tournament gets serious. We are into the regional finals. The Elite Eight. People have handicapped the tournament. I’ve bet on the tournament (at least I would have if gambling were legal). And now we are here. Powerhouse v. Powerhouse.
As usual today we’ll vote on the left side, Thursday we’ll vote on the right. But because of the upcoming holiday weekend, you’ll want to make sure to vote early…
At this stage in our Fictional Lawyer Madness bracket, the very, very young ATL summer intern has a perfect bracket so far, and mine is tanking. I picked based on who I thought you crazy readers would vote for. The fetus picked based on the lawyers he had actually heard of.
The lesson, as always, is that Millennials are really the worst generation ever and I can only hope to be dead before they take control of the government.
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
LexisNexis and OverDrive®, the digital library solutions provider chosen by 22,000+ libraries, schools and colleges worldwide, have joined forces to provide a library management solution that suits evolving legal research requirements mobility, simplified library management, and space and budget reductions.
Reduce your library costs and extend the budget.
With LexisNexis® Digital Library, overhead and administrative costs for maintaining a print library are reduced dramatically. Adopt an easy-to-use platform that requires minimal staff resources so your organization can make the most out of your library budget. Plus, multi-year purchase options let your library lock in savings.
Empower your librarians.
Your firm’s librarians will have more time to conduct value-added research. They’ll have greater insight into what resources the staff actually uses so they can make adjustments to the collection quickly using a single website. Librarians can gain greater control, which can lead to better library utilization and increased strategic value to the firm.
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@example.com.
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.
The traditional job application and interview process can be impersonal, and applicants often struggle to present themselves as more than just the sum of their GPAs, alma maters, and previous work history. ATL has partnered with ViewYou to help job seekers overcome this challenge. ViewYou NOW Profiles offer a unique way for job seekers to make a personal, memorable connection with prospective employers: introduction videos. These videos allow job candidates to display their personalities, interpersonal skills, and professional interests, creating an eDossier to brand themselves to potential employers all over the world. Check it out today!