* If Biglaw firms wants to get back into a financial sweet spot like in their days of yore, they had better get in on these billion-dollar international arbitrations while the getting is good. [DealBook / New York Times]
* Women lawyers, please take note: your future depends on it. Apparently the key to making partner in Biglaw is to get the backing of general counsel at big money corporate clients as a gender. [Corporate Counsel]
* ¡Ay dios mío! ¡Escándalo! Holland & Knight yoinked 10 attorneys, including three partners, right out from under Chadbourne & Parke’s nose to open up its new Mexico City office. [South Florida Business Journal]
* “If we actually got another million dollars going forward to spend on something, is the highest and best use to produce attorneys?” Even in a flyover state like Idaho, the answer to that question is a resounding yes when it comes to law school expansion. [Spokesman-Review]
* “A jurisprudence of ‘don’t ask, don’t tell’ does not properly safeguard [a defendant's rights].” California Justice Goodwin Liu is raging against policies on race-based peremptory jury challenges. [The Recorder]
* “I’ve been doing Paula Deen in a strongly metaphorical sense.” The magnate of marmalade’s case may be settled, but that doesn’t mean sanctions have been taken off the table. [Courthouse News Service]
* The hefty price of killing? Following his acquittal in the death of Trayvon Martin, George Zimmerman is now asking Florida to pay for his legal expenses, to the tune of $200,000 – $300,000. [Orlando Sentinel]
How are you fixed for Skittles and Arizona watermelon fruitcocktail (and maybe a bottle of Robitussin, too) in your neighborhood? I am fresh out of ‘purple drank.’ So, I may come by for a visit. In a rainstorm. In the middle of the night. In a hoodie. Don’t get upset or anything if you see me looking in your window… kay?
* PepsiCo can no longer label its Naked juices as “natural” because the only place you can find more unnatural substances in something naked is in a Vivid Video production. [New York Daily News]
* The New Yorker shines a light on the world of civil asset forfeiture. In honor of Shark Week, the article should have spent a lot more time on the United States v. Approximately 64,695 Pounds of Shark Fins case. [The New Yorker]
* Thomas J. Kim, the Chief Counsel and Associate Director of the Securities and Exchange Commission’s Division of Corporation Finance since 2007, is going to be a partner at Sidley Austin. Don’t let the revolving door hit you on the way out! [Bloomberg Businessweek]
* Want to know another thing that’s causing Biglaw to implode? All of these huge partner compensation spreads we’ve told you about are creating a “star culture,” and even law firm partners are capable of jealousy. [Am Law Daily]
* It looks like Charleston School of Law is the latest institution of legal education to be enticed and swallowed up into the for-profit InfiLaw System. Will a sale be next? We’ll have more info on these developments later today. [Post and Courier]
* Sorry, but in Pennsylvania, you cannot represent clients on a quid pro blow basis. You could get suspended for a year, like this guy. Wonder what his retainer agreement looked like. [Legal Intelligencer]
* The sole minority juror from the George Zimmerman trial — the one who was liable to allow the jury to be hung — is now telling the world she thought the acquitted “got away with murder.” [ABC News]
* Lawyers for accused kidnapper Ariel Castro are considering a deal offered by prosecutors that takes the death penalty off the table. He might be able to enjoy some ribs in prison if he’s there for life. [CNN]
* Supreme Court justices employ more strident language in dissents. We didn’t really need a study to prove that justices get salty when they lose. We could just watch Scalia invoke Godwin’s Law. [Washington Post]
* Last year, Ryan Braun, proclaiming innocence, successfully appealed his suspension for steroid use. Right now Braun’s appeal seems a bit disingenuous. [Sports Illustrated]
* Bipolar man who pretended to be a lawyer sentenced to three years. How will he pay off his fake law school debt? [New York Post]
* U.S. District Judge Daniel Hovland has enjoined North Dakota’s new abortion law. Turns out it wasn’t viable. [USA Today]
* Rachel Jeantel, the controversial prosecution witness from the George Zimmerman trial, says the experience has inspired her to become a lawyer. That’s an unfortunate lesson to take from the trial. [Newsone]
* The most interesting thing about the decline of Biglaw is how long a completely nonsensical business model persisted. [Slate]
* USDA requiring a magician to develop a disaster plan for his rabbit. I don’t think this is such a bad idea — have you ever seen Bullwinkle? [Lowering the Bar]
* The Middle Class is disappearing in the country. Why can’t we get a disaster plan for them like we have for that rabbit? [Lawyers, Guns & Money]
* Patton Boggs is rebooting. Just like when a TV show adds a long-lost cousin in season 8, this isn’t a sign of weakness at all. [Politico]
* President Obama, speaking of the Trayvon Martin case, notes: “There are very few African-American men in this country who haven’t had the experience of being followed when they are shopping at a department store. And that includes me.” See, he was uniquely prepared for the job of being followed by security guys EVERYWHERE. The difference, of course, is he knows these guys aren’t going to shoot him. [NBC Politics]
* A Miami firm is suing LexisNexis for “deceptive” fees. If they’re going to litigate this case, they’d better hope their Westlaw bill is paid in full. [Miami New Times]
* The reporter’s privilege had a bad day. After all that’s been revealed in the last couple months, let’s all agree it’s only newsworthy when the reporter’s privilege has a good day. [PrawfsBlawg]
In fairness, only one legal story dominated the week. The Zimmerman verdict provided a new twist daily. It even got Kim Kardashian involved, which was a relief to the unwashed masses waiting to hear how a spoiled sex-tape star would react to a verdict at the intersection of race and gun policy.
But the most newsworthy verdict in years was not the only thing happening this week, regardless of what CNN would like you to believe…
It’s not just about the Trayvon Martin case. Now it’s about your kids. It’s about other kids. What do we tell our sons?
– Trayvon Martin’s mother, Sybrina Fulton, whose first thoughts after learning of George Zimmerman’s fate were of “shock” and “disgust,” in a moving interview with Good Morning America. This is the first time Martin’s parents have spoken out since Zimmerman was acquitted of second-degree murder in the death of their son. They are still weighing their options with regard to a civil suit.
* While “Stand Your Ground” only played a small role at the criminal trial, it can still loom large over a subsequent civil suit. [Time]
* Nancy Grace summed up her objection to the Zimmerman verdict thusly: “Give Zimmerman back his life? He’s out on bond driving through Taco Bell every night, having a churro.” For some reason I couldn’t get this American Dad scene out of my head after hearing that. [Newsbusters]
* The Twitterverse killed Juror B37’s book, but this article asks if that’s a good thing? For my part, it seems disturbing to profit off a civic duty like that, but on the other hand, it would’ve been interesting to get more insight into B37’s psyche now that the other jurors are calling her crazy. [The Read Zone]
* Incoming law students: Here’s a guide to building your law school wardrobe. Or more accurately, a networking wardrobe because you can basically wear pajamas to class. [Corporette]
* Yale is offering a Ph.D. in law because there are so few lawyers with ample experience looking for academic jobs. In all seriousness, though, I think it would be worth it — there’s a study out there that says a Law Ph.D. is really worth $2 million! [Ramblings on Appeal]
After much fanfare surrounding her arrival on the case, Angela Corey really had very little to do with the George Zimmerman trial. Maybe she wanted to steer clear of a case she expected to lose. Maybe she was too busy pursuing the much easier case to convict a woman who intentionally missed someone.
Angela Corey’s next high profile case is actually eerily similar to the Zimmerman trial. Or perhaps it’s more fair to say disturbingly similar, since it suggests Florida has way too many “guy makes racist statements then shoots black teenagers” cases…
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
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: