* “You’re paying a partner $800 to $1,000 an hour and they’re charging you because they ordered sushi.” In-house counsel are paying more attention to their bills, and they’re refusing to pay for things like photocopies and food. [Wall Street Journal (sub. req.)]
* According to litigators, who are the ten most notable federal district court judges to watch? Three come from S.D.N.Y., but one from N.D. Cal. captured our hearts this summer when she asked counsel for Apple if he was “smoking crack.” [American Lawyer]
* A guide for law students with disabilities says: “If you are thinking that you’re a shoe-in for LSAT accommodations since you had accommodations in undergrad, think again.” But thanks to these suits, LSAC’s policies may soon be changing. [National Law Journal]
* Seeing as there are only nine law schools in Illinois, and given the abysmal job market for new law grads, it’s clear the state needs a tenth school. Say hello to Bradley University College of Law. [Peoria Journal Star]
* Jets backup quarterback Tim Tebow trademarked “Tebowing.” Yes, seriously. But don’t worry, he didn’t do it to make money, he just wants to “control how it’s used, make sure it’s used in the right way.” [Washington Post]
These days, passing or failing the bar exam can have a great impact on employability in what little remains of the entry-level job market for recent law school graduates. That’s probably why those who took the July exam have been so cranky lately — they want to know if they’ll even have a chance to launch their careers.
Not even a month has passed since our last open thread devoted to bar exam results, but it appears that we’ve got a lot of catching up to do. It’s not yet November, so New York and California test takers still have some time left to wait, but we do have confirmed news about results from other states.
Within the past week, including today, at least three states announced their bar exam results. In fact, test takers from one state were so desperate to find out whether they passed that a post about the state’s results from two years ago is one of our most heavily trafficked pages today.
Today we have news of another lawyer leaving the Chicago office of Sidley. But this departure reads more like a mystery novel than a memoir. Let’s find out who’s leaving, even if we don’t yet know why….
If you’ve ever smoked a Cuban cigar, raise your hand. Okay, now you can put it down. If you have not ever smoked a Cuban, please stop lying. Or maybe not, if you want to keep your law license.
Wait, what? If every attorney who smoked the occasional Monte Cristo got disbarred, Bane would be in charge of American law right now. But not every attorney is sentenced to 37 months in prison for smuggling “trunkloads” of the wonderful contraband into the U.S…
* A few weeks back, we mentioned some legal lessons gleaned from Jay-Z’s 99 Problems. Turns out, you might not need law school to become a lawyer. Maybe all you need is a Spotify subscription and a good set of headphones. [FindLaw]
* Government security guard finds suspicious bag and stashes it under his desk, where it chills out for a couple of weeks. Oh yeah, I should probably mention — there was A BOMB in the bag. Nice work, Sherlock. [CNN]
* If you rat someone out, you might avoid prson. But in Illinois, if you end up in prison, don’t be surprised if you end up with a real rat as a cellmate. Maybe a roach too, if you get particularly unlucky. [WBEZ]
It’s over! Do a little dance, make a little noise, get down tonight… etc. etc. As most of you probably know, the bar exam was last week. Duh. Our three Bar Review Diarists thankfully made it through the test without dealing with nightmares like rats or murdered cats, but they do have some interesting stories to tell.
Jeanette, Nathan, and Andrew, you just took the bar exam… how does it feel?
Today the ABA fined Illinois Law $250,000. The ABA also censured the law school.
The Chicago Tribune reports that this is the first time the ABA has fined a law school for inaccurate consumer information. I guess that’s a step in the right direction. Still, considering the average salary for an Illinois College of Law full professor is $194,624, it’s hard to see the fine meaning very much to the school’s operations…
Sometimes work is boring, yes. You do what you gotta do to pass the time. Facebook, Gawker, Above the Law… there are endless amounts of entertainment on the ol’ internet with which one can pass a dull afternoon.
So, with all the PG procrastination tools available online, it should not be that hard to just wait to watch porn until you get home!
Unfortunately, a state judge in Illinois allegedly couldn’t get to the end of the day without some visual inspiration. Now he’s in hot water over accusations that he was looking at hot websites while he was on the job.
Keep reading to learn more about our horn dog Judge of the Day, as well as the names of some of the sites he allegedly visited (don’t lie perverts, you know you’re curious)….
As we reported yesterday, the comely young Reema Bajaj, a 26-year-old Illinois solo practitioner charged with prostitution, has pleaded guilty to a single misdemeanor prostitution count. I previously expressed my favorable opinions of Bajaj and my belief in her innocence (despite the existence of nude pictures of her floating around the internet). Alas, it seems that my confidence may have been misplaced.
As a matter of legal ethics and attorney discipline, what will happen to Bajaj’s law license in the wake of her conviction for prostitution? As a matter of human interest, how did a promising young lawyer wind up in such a compromising situation?
We have some answers. A law professor who teaches ethics addresses the first question, and a friend of Reema speaks to the second….
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: