Should we pass around the collection jar for graduates, or their law schools?
Have you ever noticed that law schools claim it’s incredibly hard to find all of their recent graduates for the cause of transparency, but when it comes time for alumni giving, they always seem to know where everybody is?
The ink isn’t yet dry on their diplomas, but members of the class of 2012 are already being hit up for money by their law schools. No, we’re not talking about collections on the debts they still owe (those phone calls don’t start for a year). But law schools are already up with alumni giving campaigns aimed at recent graduates.
I used to make fundraising calls for my college and I know that conventional wisdom says that if you get people to give even a little bit early on you’re setting up a lucrative lifetime relationship with the graduate. But I think conventional wisdom needs to be thrown out of the window when you are dealing with recent graduates who don’t have jobs and do have a lot of debt.
Asking these kids for money right out of the gate isn’t a way to make them feel a connection with the school, it’s a way to further solidify how much they regret borrowing so much money to go to law school in the first place…
Last year, the law clerk application process was chaotic — perhaps even more chaotic than usual. The disarray even made the pages of the New York Times.
One of the driving factors behind the chaos was the growing number of judges who do not follow the Law Clerk Hiring Plan (hereinafter “the Plan”). Of course, the Plan is entirely voluntary, as certain judges like to emphasize. But following it — at least by a critical mass of judges, especially feeder judges on the Second Circuit and the D.C. Circuit — can provide some measure of order to an otherwise shambolic process.
This year, look for the disorder to grow. At least two top law schools are not following the Plan….
Remember Sandra Fluke, the Georgetown Law student who testified before Congress about the need for insurance plans to cover birth control — and then received a verbal smackdown from conservative talk radio host Rush Limbaugh?
As if you needed a reminder, Limbaugh had the nerve to make the following remarks about Fluke over the airwaves: “What does it say about the college co-ed Sandra Fluke, who goes before a congressional committee and essentially says that she must be paid to have sex? What does that make her? It makes her a slut, right? It makes her a prostitute.”
Society was outraged, and even President Obama called Fluke to denounce Limbaugh’s comments. Limbaugh eventually issued an apology, but at that point, it was too late. Everyone had already rallied around Fluke as the new face of women’s issues in America.
So what’s Fluke up to these days? We’ve got all of the details for you….
This $10 million house is owned by a lawyer at a top law firm. Which one?
What can we say? We can’t get enough of Washington real estate. And neither can you, judging from the traffic generated by our recent look at some million-dollar homes in the D.C. area. So let’s return to that well.
Our last story was about homes in the $1 million to $3 million range. Let’s class it up a bit and look at Lawyerly Lairs ranging in value from $7 million to $10 million….
I used to work at Debevoise & Plimpton. Before I interviewed with them, I learned that the firm was called Debevoise (rhymes with “noise”) and not Debevoise (rhymes with voire “boudoir”).
Not everybody who showed for interviews had that level of commitment. How embarrassing for them. At Debevoise, they’re a little touchy about the proper pronunciation of the firm’s name — and not just with potential recruits. Do you know how stupid you sound when you are sitting with a bunch of Biglaw New York lawyers and your roll out with “Debevoir” or “Curtis Mallet” (as in hammer)? You sound like an idiot. People will make fun of you when you go to the bathroom. I once heard a person pronounce Cravath like “cravat,” and it was so jarring that I swear that’s the only thing I remember about the person. If I saw him again, our mutual friend would have to pull me aside and say, “That’s the ‘cravat’ guy.”
There are services out there to help you avoid these embarrassing mistakes. You should put in a little bit of time before you head to New York, or D.C., or L.A., or anywhere where top lawyers are likely to be….
* The Am Law numbers are out. PPP is up 3 percent. Dollar, dollar bill y’all. [American Lawyer]
* Hasbro — the makers of Nerf guns, a.k.a. the best toys ever — apparently hired some Baker & McKenzie attorneys to intimidate a guy who runs an Australian Nerf fan site. I hope they “intimidated” him with Nerf guns, because it would be funny, and no one would actually get hurt. [Crikey]
* At 85 years old, Congressman (and Georgetown Law grad) John Dingell learned that “teabagging” doesn’t mean what he thinks it means. Better late than never! [The Daily Dolt]
* I’m surprised that there are enough businesses horrible brave enough to ask for potential employees’ personal electronic information that it necessitates legislation. But I’m not complaining. [RedTape / MSNBC]
* Finding out that repeated concussions and head injuries may cause long-term brain damage is only surprising to people who have suffered repeated concussions and head injuries. [LexisNexis]
* A 14-year-old Georgia girl and her parents have sued some of her classmates because they acted like bitches on Facebook. Are these girls bullies? Yep. Is it the proper solution to turn the situation into 90210: Courtroom Edition? I still don’t think so. [Threat Level / Wired]
* Support local businesses, like your high-end neighborhood brothel. The Manhattan Madam is now accepting donations… to help her make bail by Mother’s Day. [Dealbreaker]
* Vote for Lat as the most likeable lawyer of 2012! [Likeable U]
* The EEOC suit against Kelley Drye was brought “for a reason.” You hear that, Biglaw? Other firms with mandatory retirement policies better take a look at their partnership agreements and make some changes. [Am Law Daily]
* Media whore lawyers unite! Cheney Mason of Casey Anthony fame has come out of the woodwork to support George Zimmerman. Still waiting on vital impressions from Gloria Allred. Oh wait… [Naked Politics / Miami Herald]
* Just think, maybe if Planned Parenthood of Texas had taken Tucker Max’s money, they wouldn’t be suing the state for banning their organization from the women’s health program. Nah, they’d still be suing. [Reuters]
* Georgetown Law is planning to launch an executive education program, but don’t worry, they’re not going to be competing with Harvard. They know they’re the safety school in this scenario. [National Law Journal]
* Love will definitely make you do some really crazy things, like watch The Expendables. Or allegedly commit a murder-suicide because your husband might’ve had an affair. Things like that. [Atlanta Journal-Constitution]
* Kim Kardashian’s dubious defense of the day: “I’m Armenian and hairy.” The only-famous-for-her-sex-tape star is trying to use that as an excuse to get a lawsuit over a hair removal product dismissed. [Fox News]
Lat here. Not long ago, Elie and I debated the merits of Harvard Law versus Yale Law, in response to a request for advice from a prospective law student lucky enough to be choosing between HLS and YLS. Then we opened up a reader poll, in which about 60 percent of you urged the 0L in question to go to Yale.
Georgetown University Law Center (known for its great gym).
I feel very fortunate to have had an idea of what I wanted to do from such a young age, and even more fortunate that it involved graduate school. What can you do with a bachelor’s degree anymore? I’m hoping that the job market will pick up in the three years I spend at law school, because a lot of lawyers are getting laid off. The American Bar Association is even encouraging college students not to apply to law school, citing the bleak job market.
* Building bridges instead of burning them: a new Republican strategy that just might work. Thanks to this Senate deal, 14 federal judicial nominees will get confirmation votes before summer. [Legal Times]
* According to this survey, Biglaw firm leaders are wearing rose-colored glasses when it comes to the economy and current business conditions. That said, where are the spring bonuses? [Am Law Daily]
* A jury found Virginia Tech negligent in its handling of the school’s 2007 massacre. The administration will probably appeal, but it’d be nicer if they just appeased the victims’ families. [Wall Street Journal]
* Want a tenure-track teaching position? Just sue. Nicholas Spaeth’s age discrimination suit against Georgetown Law will proceed, much to the school’s chagrin. [Thomson Reuters News & Insight]
* Kim Kardashian + boobs + lawsuit = water cooler fodder for lawyers. [New York Post]
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: