Yes, there are going to be a lot of Simpsons references this week.
Moving on, it’s back to school time, which means campus brick-and-mortar bookstores all across the country are actually seeing some business. Forcing students to buy physical books is a good business to be in. The utility of running a textbook scam can be explained in one helpful chart:
You can blame your professors for this. Every student can get every case they need with a complimentary legal search password (thanks to our advertisers), yet professors still assign reading from casebooks. Even more incredibly, professors still write casebooks! And then those casebook publishers go out of their way to rip off students with multiple editions. There was even a cockamamie plan to prevent casebook resale that had to be beaten back by public outrage.
But, professors can also help students avoid unnecessary and costly book fees. Faculty members at one school fought back against their administration on behalf of their students…
Are there lots of people in law school who are under 21? Are there lots of people in law school who can’t give legal consent for taking out hundreds of thousands in student loan money? Are there lots of people in law school who should have to ask for a hall pass before they go take a leak? Not many? Then maybe law students should be allowed to congregate and have a freaking beer without the administration threatening them with sanctions. Maybe the law school’s policies regarding alcohol at student functions should be a little bit different than the policy of the undergraduate school. Maybe a group of legal educators should be able to DISTINGUISH between a law student and a college freshman.
A law school has come up with a set of embarrassing and ludicrous alcohol-related policies, and now it’s threatening students who try to work around them…
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: