Fiscal Cliff

  • Don't be a sucker!

    2nd Circuit, Bar Exams, Barack Obama, Billable Hours, California, Constitutional Law, Free Speech, Law Professors, Law School Deans, Law Schools, Money, Non-Sequiturs, Police, Politics

    Non-Sequiturs: 01.04.13

    * According to the Second Circuit, the long arm of the law doesn’t extend to the middle finger. You can’t just go around arresting dudes for flipping you the bird. [U.S. Second Circuit / FindLaw]

    * President Obama jetted off to Hawaii before he could sign the fiscal cliff bill, so he ordered it be signed by autopen. Of course, people are losing their minds over it. [Volokh Conspiracy]

    * Should we scrap the Constitution? Georgetown Law professor Louis Seidman continues to advocate for constitutional disobedience in this epic ConLaw throwdown. [HuffPost Live]

    * Don’t celebrate your increase in California bar passage points yet. The state bar changed its tune, and a 40% pass rate is the new standard. That shouldn’t be hard, eh TJSL? [California Bar Journal]

    * One of our former columnists, Jay Shepherd, has a great way to calculate what your actual hourly rate should be, if you don’t mind working for just pennies a day. Most lawyers would mind. [jayshep]

    * For the love of God, even Gawker knows that going to law school these days is a fool’s errand, or in their own words: “IT’S A SUCKER’S BET. A CLEAR SUCKER’S BET.” Come on, stop being suckers. :( [Gawker]

    * If you’d like to hear Dean Lawrence Mitchell of NYT op-ed fame sound off on why there isn’t a lawyer oversupply problem, and why it isn’t his job to get law students jobs, we’ve got a video for you to watch….

    5 Comments / / Jan 4, 2013 at 5:00 PM
  • Yelp-Reviews

    ACLU, Bankruptcy, Biglaw, Defamation, Department of Justice, Dewey & LeBoeuf, Federal Judges, Free Speech, Money, Morning Docket, New York Times, Partner Issues, Technology

    Morning Docket: 01.03.13

    * Dewey know how much money this failed firm has run up on its tab for legal advisers since May? It’s quite the pretty penny — $14.8 million — and that amount actually includes some pretty ridiculous fees and charges, like $21,843 for photocopies. [Am Law Daily]

    * Everyone’s glad that we didn’t nosedive over the fiscal cliff, but the people who are the most excited about it seem to be Biglaw partners. This wasn’t the best bill, and more uncertainty means more work, which means more money. [National Law Journal]

    * It looks like we’re never going to find out what the Justice Department’s legal justification was for the targeted killing of Anwar al-Awlaki, because a federal judge upheld the validity of its secret memo. [New York Times]

    * Everyone flipped out over Instagram’s money filter, but they’re keeping relatively quiet about this mandatory arbitration provision. Quick, post some pseudo-legalese on your Facebook wall. [WSJ Law Blog (sub. req.)]

    * Good news, everyone! Thanks to this ruling, in Virginia, you can be as nasty and negative as you want to be on Yelp without fear that your voice will be censored… kind of like the Above the Law comments. [All Things D]

    1 Comment / / Jan 3, 2013 at 9:19 AM
  • You stole my building.

    Free Speech, Intellectual Property, Law Schools, Non-Sequiturs

    Non-Sequiturs: 01.02.13

    * Lawyers who re-argue 2,400 year old cases are lawyers with too much time on their hands, even if they’re doing it for charity. [ABA Journal] * What do you know, free speech is allowed to exist on the internet. [Public Citizen Press Room] * I shaved my balls for this fiscal cliff deal? [Huffington […]

    0 Comments / / Jan 2, 2013 at 5:03 PM
  • Fiscal-Cliff-300x256

    Attorney Misconduct, Barack Obama, Department of Justice, Federal Government, Guns / Firearms, Legal Ethics, Money, Morning Docket, Pictures, Politics, Prostitution, Reality TV, State Department, State Judges, State Judges Are Clowns, Television, Violence

    Morning Docket: 12.17.12

    * “To do nothing in the face of pending disaster is to be complicit. It’s time to act. It’s time to vote.” What a convenient time to discover that the Department of Justice tabled new gun control proposals in favor of an upcoming election campaign. [New York Times]

    * Rumor has it that the president will nominate Senator John Kerry to be secretary of state for his second term. Upon hearing the news, Hillary Clinton updated her Tumblr page before she caught a case of the vapors, fainted, and got herself all concussed. [CNN]

    * “If you don’t know, then you have to plan for the worst.” Everyone’s pissed off about the possibility of being pushed off the fiscal cliff, but on the bright side, it’s creating a mountain of billables. [National Law Journal]

    * Remember the judge who resigned after he accidentally showed a colleague a picture of the “judicial penis”? He was removed from office by a judicial ethics panel. How very effective. [Seattle Post-Intelligencer]

    * And for the talent portion of the competition, Alicia Guastaferro, the pageant princess who was picked up for prostitution after getting caught with an attorney, will have her hooking charges dropped. [Huffington Post]

    0 Comments / / Dec 17, 2012 at 9:06 AM
  • Asians, Books, Federal Judges, Jews, Judicial Nominations, Nancy Grace, New Jersey, S.D.N.Y., State Judges, Tax Law, Videos, YouTube

    Non-Sequiturs: 12.13.12

    * How much could going over the fiscal cliff cost midlevel to senior associates whose bonuses get paid in January? Here’s an estimate. [Thomson Reuters News & Insight]

    * Congratulations to the newest member of the S.D.N.Y. bench: former Debevoise partner Lorna Schofield, the first person of Filipino descent to be confirmed as an Article III judge. [AABANY]

    * Judges in my home state of New Jersey are always so fair-minded. Here’s a great recusal motion, directed at Judge Carol Higbee in the New Jersey Accutane mass tort case. [Reed Smith via Drug and Device Law.]

    * Make sure you don’t murder any babies before signing up to meet Nancy Grace. [Charity Buzz]

    * If you’re looking for a stocking stuffer (affiliate link) for a young lawyer in your life, look no further; Dan Hull has a great recommendation. [What About Clients?]

    If you’re interested in Judaism, Supreme Court clerks, or both, there’s a video for you after the jump….

    I find Orthodox Jews who are boxers or professional basketball players more impressive than Orthodox Jews who clerked for the Supreme Court (shocking, I know). In case you’re curious as to who is the first Orthodox Jewish woman to clerk for the Supreme Court, watch this video….

    2 Comments / / Dec 13, 2012 at 5:36 PM
  • 12 12 12

    Election 2012, Gender, Lindsay Lohan, Non-Sequiturs, Patents, Politics, Sexism, Tax Law

    Non-Sequiturs: 12.12.12

    * It’s 12/12/12. Or as rational people call it, “just another Wednesday already, God.” [ABC News]

    * Elizabeth Warren is going to be on the Senate Banking Committee. Boom. How ya like me now. [Reuters]

    * Do women make better lawyers than men? For some reason this question made me want to make a really sexist joke. But I’m afraid of being yelled at by feminists. Afraid, like a little girl. [Law Frat]

    * Verizon to take on copyright trolls. I hope this leads to a commercial with that Verizon 4G woman playing whack-a-mole in a sun dress. [Torrent Freak]

    * You know what could keep us from falling off the fiscal cliff? The death tax? Mwahahaha. [Tax Prof Blog]

    * SCOTUSblog is looking to hire a good law student or LL.M. student. Qualification #1: you should probably know what SCOTUS refers to. [SCOTUSblog]

    * Lindsey Lohan had her probation revoked. If you are one of the people who care about this story, thus necessitating this mention of it, I hope bad things happen to you this holiday season. I’m serious, if you care about Lindsey Lohan, I hope Santa brings you herpes. [TMZ]

    2 Comments / / Dec 12, 2012 at 5:41 PM
  • Fiscal-Cliff

    Courthouses, Politics

    Courts Poised to Tumble Off Fiscal Cliff

    I don’t know who to believe about the so-called fiscal cliff. I think Steve Kornacki is right and it’s more like a fiscal slope. But if the markets keep acting like petulant children who are easily frightened, then it will really have a deleterious impact on our economy. Then again, Wall Street being happy doesn’t […]

    15 Comments / / Dec 11, 2012 at 4:10 PM
  • Weil Gotshal Manges logo

    Associate Bonus Watch 2012, Biglaw, Bonuses, Money, Tax Law

    Associate Bonus Watch: Weil You Wait

    Weil Gotshal announced its bonuses today. They aren’t a 100 percent Cravath match. When are they being paid?

    8 Comments / / Dec 6, 2012 at 1:07 PM
  • Shakira

    Attorney Misconduct, Bad Ideas, Biglaw, Contracts, Law Schools, Legal Ethics, Money, Morning Docket, Music, Patents, Pornography, Real Estate, Shakira, State Judges, State Judges Are Clowns, Technology

    Morning Docket: 12.03.12

    * When it comes to the art of law firm valuation, you may be surprised when you find out which Biglaw firm is worth the most. Here are a few hints: it’s not Baker & McKenzie, and it’s not DLA Piper or Skadden, either. [American Lawyer]

    * Remember back in July when this Judge of the Day was busying clicking on hardcore porn sites while in chambers? As it turns out, now he’s busy crying in court while battling to keep his judicial career intact. [Chicago Sun-Times]

    * Evening students are capable of doing more than ruining your class rank. Jacob Lew, once a night student at Georgetown Law, is now the White House chief of staff assisting with fiscal cliff negotiations. [New York Times]

    * For now, the only thing that’s keeping Florida from gaining another law school is a lack of square footage in the real estate rodeo. But that’s probably a good thing, because adding a twelfth law school would be more than a little ridiculous. [Daytona Beach News-Journal]

    * Samsung’s trying to get out of paying $1.05B to Apple, and their lawyers are trying to pin knowledge of the jury foreman’s misrepresentations on their technological nemesis to get the verdict thrown out. [Bloomberg]

    * Shakira’s hips don’t lie, but her contracts allegedly do. The sexy singer’s ex-business partner (who’s also her ex-boyfriend) is suing her for $100M to “recover his share of past and future partnership profits.” [Billboard]

    1 Comment / / Dec 3, 2012 at 9:07 AM
  • Marvin Miller

    Deaths, International Law, Jersey Shore, Labor / Employment, Non-Sequiturs, Sports, Tax Law

    Non-Sequiturs: 11.27.12

    * Legendary union leader Marvin Miller died today at the age of 95. This is a guy who lost a huge case at the Supreme Court fighting against Major League Baseball, and still found a way to win. He wasn’t a lawyer, but he mastered the law. [USA Today]

    * Tax professors weigh in on the fiscal cliff. [Tax Prof Blog]

    * Jersey Shore residents are suing over sand dune protection from storms. They’re not suing because they’re weren’t protected enough, they’re suing because the new sand dunes block their ocean view. [Asbury Park Press]

    * Yahoo! and NBA lawyers might need to talk about what, precisely, the NBA is endorsing. [Marc Edelman Blog]

    * I’m going to go on and vote “no” on the question of whether or not the U.N. should get to “govern” the internet. Wait… I don’t get a “vote” on what the U.N. should do? Well, that sounds like a good reason to go back to not giving a crap about anything the U.N. says. [The Volokh Conspiracy]

    * Looks like the wheel finally came ’round on InTrade. [Dealbreaker]

    * The Justice Resource Center, coordinator of the 2013 NYSBA High School Mock Trial Tournament, seeks voluntary attorney-coaches. Help teach young people about the law — and get CLE credit, too! [Justice Resource Center]

    1 Comment / / Nov 27, 2012 at 5:02 PM
  • growing tax

    Associate Bonus Watch 2012, Biglaw, Bonuses, Money, Tax Law

    Weil Won’t Pay Bonuses Until January: Associates See Sinister Tax Motives

    Did Weil just kick its associates over the fiscal cliff?

    40 Comments / / Nov 27, 2012 at 11:56 AM

Our Sites

  • Above the Law
  • How Appealing
  • ATL Redline
  • Breaking Defense
  • Breaking Energy
  • Breaking Gov
  • Dealbreaker
  • Fashonista
  •