For the past twoweeks, readers of this column have benefited from the insights of Professor William (Bill) Henderson of Indiana University’s Maurer School of Law regarding the current state of Biglaw. When Professor Henderson kindly acceded to being interviewed, he made a request that was both unexpected and welcome: he asked that I commit to answering a number of his questions in return.
I agreed and am pleased to present our exchange. I found his questions probing, and I have tried to answer them from a broad perspective, despite the fact that they call for some personal viewpoints that are by their nature unique to my outlook and experiences. I have answered the questions in the order presented, and have not altered them in any way. Now, I get my turn in the interviewee’s chair….
* Hughes Hubbard & Reed is doing its part to help fulfill wishes made in children’s letters to Santa at a time when the Post Office’s Operation Santa program is in desperate need. So to all you other Biglaw firms, the ball’s in your court. [USA Today]
* Judge Timothy Black cited Justice Scalia’s dissent to reject Ohio’s gay marriage ban. I’m sure this is a cite that warms the justice’s heart. [Associated Press]
* Professor Pam Karlan is off to become Deputy Assistant Attorney General for Voting Rights. Here’s the last article of the preeminent voting rights expert in her old role as a commentator at the Boston Review describing strange SCOTUS bedfellows. Good luck in the new job! [Boston Review]
* Good news for Florida lawyers! The Florida Bar has revoked its opinion banning LinkedIn endorsements and recommendations. Go back to patting each other on the digital back. [IT-Lex]
* We shouldn’t have been so surprised by the affluenza defense because North Texas is basically one big monument to the concept. [New York Times]
* Here’s an infographic showing the most popular TV show set in each state. What legal shows make the list? [Business Insider]
* The top 10 most ridiculous lawsuits of the year. Apple porn guy clocks in at a mere number 10? Outrage! Bigger outrage: they ultimately link to the HuffPo write-up of… the original Above the Law piece. Why no direct link, hm? Video embedded after the jump… [Faces of Lawsuit Abuse]
A district attorney who failed basic PR skills has issued a press release touting the arrest of “Rudolph the Red Nose Reindeer” (which should be “Rudolph the Red-Nosed Reindeer,” but editing press releases isn’t their jam) for “Flying Under the Influence.” The office display includes a Rudolph doll ready for his mugshot. If you’re looking for a place to move, try this joint because there’s obviously no real crime whatsoever if they have time to pull this.
Thank you to everyone who submitted nominations for our fifth annual holiday card contest. In terms of quantity, we received a great many submissions. And (almost) all of you complied with the contest rules, so thanks for that as well.
Quantity was strong, but in terms of quality… well, at the risk of sounding Grinch-like, this wasn’t the strongest batch we’ve seen over the years. We received a lot of cards that were tasteful and well-executed but boring. While it’s not surprising that many firms take a “do no harm” approach to holiday cards, it doesn’t make for the most exciting contest.
That said, there were still a few stalks of wheat mixed in with the chaff. Here are the eight fabulous finalists, for you to review and vote upon….
Last weekend, New York once again endured the insufferable gathering of mouth-breathing douchebags known as SantaCon. Scores and scores of bros and ho ho hoes crawled into Manhattan bars dressed as Santa Claus (or some other holiday character) to get absolutely wrecked before screwing the bartender on the tip and moving on to the next bar for another dose of Jagerbombs. That Agent Smith quote from the Matrix about how human beings are a disease that ruin everything and then move on to another area? That’s SantaCon.
And it’s all fun and games until they have to explain to the rental place why there’s vomit all over the red velvet suit. Or write a major publication pretending to be a lawyer to complain about the world watching Christmas-themed sex acts through a Duane Reade window….
It’s that time of year again. Maybe you call it the most wonderful time of the year, but it isn’t all holiday parties and goodwill towards men. There is inherent stress build into the expectations of the season (the trifecta of family time, gift giving and less sunlight) that can turn ordinary people into basket cases.
While contract attorneys may not have the burden of worrying about what to get their secretary, there are still financial, emotional and social pitfalls to avoid.
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: