Last September, we wrote about the mysterious departure of Lee Smolen from Sidley Austin. Smolen, former head of Sidley’s real estate practice in Chicago and a member of the firm’s executive committee, departed without comment or a known destination. When that happens, something interesting is usually afoot.
Earlier this month, the other white shoe dropped. A lawyer ethics commission in Illinois leveled charges against Smolen arising out of his time at Sidley.
What has he been accused of? And what does his new law firm have to say about it?
* The first rule of Insider Trading Club is, you do not send discoverable e-mails about Insider Trading Club. [Dealbreaker]
* Arnold & Porter staged a mock Olympics last time around. Now we’re just waiting for the other shoe to drop and we learn that the antitrust group was doping. [Washington Post]
* Georgetown Law student Bindhu Parmathi crowned Miss District of Columbia! She will go on this September to participate in the Miss America pageant (aka “The pageant that Donald Trump doesn’t own). [The Examiner]
* Indiana thinks it can discipline lawyers for criticizing a judge via private email. I would say that’s an insane misreading of the law, but I don’t want to get disciplined in Indiana, which sounds like the terrible prequel to Fifty Shades of Grey (affiliate link). [The Indiana Lawyer]
* Five businessmen take off their pants to protest taxes. This is a bad precedent. I don’t want to see any of these Tea Party folks take off their pants. [TaxProf Blog]
* Congrats to ATL reader Alicia Long, as well as co-author Jayne Jones, on publishing their new book Capitol Hell. [Amazon (affiliate links)]
* The Judge Edith Jones incident should raise the national concern to improve diversity on the bench. But it won’t. [Judicial Clerk Review]
* More follow-up on CBS’s improper campaign ad totally objective news documentary “Brooklyn D.A.” [New York Daily News]
* If fans in the front row of your concert start holding out papers for you to grab, DON’T DO IT! Unless you want to get sued. Video after the jump, courtesy of Gawker…
* AG Eric Holder sat down and had a little chat about what’s been going on at the Justice Department. He’s not impressed with his agency’s work, but he claims he’s not stepping down just yet. [NBC News]
* “Can you hear me now?” Oh, Verizon, what an apropos slogan you’ve got considering the latest government scandal. The NSA has been spying on you through your phone records since late April. [Guardian]
* Lawyers for Matthew Martoma still want more time to comb through millions upon millions of documents in their client’s insider trading case, but it seems rather pointless after a judge’s kiss of death. [Reuters]
* Looks like she got her wish: thanks to Judge Michael Baylson, a little girl with terminal cystic fibrosis may have a better chance at getting a longer lease on life in this donor lung transplant case. [CNN]
* Being a politician didn’t really work out so well for him, so John Edwards is going to try his hand at being a lawyer again. Just think of all of the lovely ladies he’ll be able to pick up as clients. [USA Today]
* Speaking of former public servants who are getting back into the law, Ken Salazar will be opening the Denver office of WilmerHale — and when it comes to pay, he’s got a “very good package.” [Denver Post]
* And not to be forgotten, famous flip-flopper Joe Lieberman will be taking his services to Kasowitz Benson. We certainly hope the firm will appreciate his superior legal mind. [WSJ Law Blog (sub. req.)]
* The ABA is considering law school job data collection 10 months after graduation, instead of nine, because bar exam results come out so late. Like that extra month will help… [National Law Journal]
* Erika Harold, a Harvard Law grad and ex-Sidley associate known for her reign as Miss America, is running for Congress in Illinois. What will she she do for the talent portion of the competition? [Politico]
The task of keeping cranky, nervous, and potentially mutinous law grads on task and learning requires a lecturer being memorable enough to hold the audience’s attention. There are many paths to being memorable.
This video “trailer” for a film by one BARBRI professor takes a very particular route to memorability, and that route is a balls-to-the-wall crazy collection of hallucinogenic images.
As far as I can tell through the psychedelic fog of the production embedded below, a piece of African art in his living room convinced the instructor to kill a bunch of people and then take off his shirt in front of the jury. African art… why does it always have to be a black guy’s fault?
And now Reema Bajaj has been hit with ethics charges from the Illinois Attorney Registration and Disciplinary Commission (IARDC). The IARDC’s most salacious allegation: that Bajaj traded sex acts for office supplies.
What would Reema do for a ream of printer paper? How much toner to access that taut, toned body?
In June 2011, we brought you the story of Reema Bajaj, a lovely young lawyer in Illinois who was accused of prostitution. I expressed a belief in her innocence, although my faith was somewhat shaken by the nude photos of her that circulated on the web. And then, in June 2012, Bajaj pleaded guilty to one misdemeanor charge of prostitution.
After covering her guilty plea, we thought we had seen the last of her. As I wrote, “The post you’re now reading could very well represent the final story we write about Reema Bajaj…. We will miss writing about this colorful young woman, but we wish her the best in getting on with her life and her law practice.”
I spoke too soon. Now Bajaj is back — with a vengeance….
Note the UPDATE at the end of this post, based on comments from Bajaj’s counsel.
With spring semester drawing to a close, graduating law students must be getting really antsy. After all, the July 2013 bar exam is just around the corner, and in this kind of a competitive job market — you know, the kind of job market where only 56 percent of graduates secured long-term, full-time jobs that required bar passage in 2012 — passing the test is more important than ever.
That being said, wouldn’t it be convenient if you knew how hard you needed to study for your own state’s exam (not that you shouldn’t be studying hard in the first place), as compared to other states’ exams? Luckily, there’s a brand new ranking for that.
You’ve all got some preconceived notions about which states have the toughest bar exams, so the top 10 on this list might just blow your mind. Let’s take a look….
On April 1st, first thing in the morning, a number of law students all across the state of Illinois received a forwarded message that the upcoming administration of the Illinois Bar Exam would be “harder” than it has been in the past. Students were told that the Illinois Supreme Court had “resolved” to make the exam more difficult, and the students were exhorted to make the appropriate preparations for the exam.
The email found its way into my inbox, but I largely ignored it. April 1st, April Fool’s Day, I’ve been doing this internet thing for a while now. I didn’t believe that a law professor randomly decided to freak out the entire law student population of Illinois.
But the joke is on me… and Illinois Bar takers. The test is going to be graded with more rigor this year, in an attempt to make it harder….
This is the third in a series of posts looking at how law schools in specific markets stack up based on the results of our ATL Insider Survey. Very few law schools are truly national institutions. Typically, the majority of graduates don’t stray too far from their alma maters, so the strongest network will be local, for local jobs. It’s to your advantage to go to school where you want to practice, sometimes even more so than going to a higher-ranked school.
In recent weeks, we’ve looked at our survey results pertaining to Boston and New York-area law schools. We examined how current law students rate their schools in terms of academics, career counseling, financial aid advising, practical/clinical training, and social life.
Today we turn to Chicago. Which school was highest rated by its current students in all but one category?
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: