* Colin Powell continues his tradition of saying the right things only when he has no power to do anything about it. [CNN]
* A new poll shows Americans think it’s more “morally acceptable” to kill criminals than to love somebody of the same sex. After I saw that poll, I turned to Jesus and said, “Now your failure is complete.” [Atlantic]
* Kashmir Hill was on the Kojo show talking about the Dharun Ravi sentence. Sure, like she’s never been taped having a gay hook-up. [The Kojo Show]
* Black people who wear hoodies get shot to death, and white people who wear hoodies don’t live up to their IPO expectations. What a lovely post-racial world some people seem to be living in. [Dealbreaker]
* Here come the men in black. Won’t let you remember. Here come the… what are you doing? Decapitate him? Come on, he’s not an alien, you get that we just saw a movie, AAAAHHHHHHHH NOOOOOOO. [New York Daily News]
On Monday, we posted pictures of law students protesting the Trayvon Martin killing. We had pictures from Yale and Harvard and a few other top-14 law schools.
But these protests aren’t just going on at elite law schools. Since our post on Monday we’ve been inundated with photos from other law schools. There have been so many scary looking people wearing hoodies around me that I’m almost out of bullets.
Seriously though, I can’t remember another protest where students from so many different law schools stood in solidarity with each other. Let’s look at some of the protests…
* If Obamacare gets struck down, do you think insurance companies will allow children to remain on their parents’ plans until age 26? My Magic 8-Ball says: “Outlook not so good.” [Wall Street Journal]
* There’s no crying in baseball bankruptcy sales! Which Biglaw firms hit a home run for playing a part in the sale of the LA Dodgers? Dewey & LeBoeuf, Foley & Lardner, and Sullivan & Cromwell. [Am Law Daily]
* “Just because you wear a hoodie does not make you a hoodlum.” But a hoodie will definitely prevent you from being recognized on the House floor. Just ask Congressman Bobby Rush. [New York Post]
* Things you can’t do on an airplane? Have a mid-flight nutty. Pilot Clayton Osbon has been criminally charged for his erratic form of in-flight entertainment, and he faces up to 20 years in prison if convicted. [Reuters]
* Guess who’s allegedly been infringing upon a high-end fashion house’s trademarks to the tune of $124M? Gucci was in court yesterday to accuse Guess of engaging in a massive “knock off” scheme. [Bloomberg]
Last week, Geraldo Rivera said something stupid even by Geraldo Rivera standards. I don’t want to be accused of “mischaracterizing” his words, so here’s what he said:
Speaking on Friday’s “Fox and Friends,” Rivera said, “”I think the hoodie is as much responsible for Trayvon Martin’s death as George Zimmerman was.”…
Rivera argued that avoiding certain types of attire was a necessary deterrent against racial profiling. “It’s those crime scene surveillance tapes. Every time you see someone sticking up a 7-11, the kid is wearing a hoodie,” Rivera said. “You have to recognize that this whole stylizing yourself as a gangster, you’re gonna be a gangster wannabe? Well, people are gonna perceive you as a menace.”
So, white kids get to wear hoodies without being racially profiled while black kids are stylizing themselves as gangsters if they wear one? Great. That’s fair. I have a Harvard hoodie — am I asking to be racially profiled as a 7-11 stick-up boy when I go out with Harvard emblazoned across my chest?
Sorry, you know what I’m doing? I’m getting into an argument with Geraldo Rivera. Arguing with Geraldo is like trying to convince your dog to stop licking its butt; it hears you, but it doesn’t understand your concerns about propriety.
Students at Harvard Law and Yale Law had a more effective response to all the people who think wearing a hoodie makes you look like a criminal. Tell me if these kids would scare you into gunning them down in the middle of the street….
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: firstname.lastname@example.org.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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