* Since summer’s start, Patton Boggs has been leaking lawyers like a sieve. Thus far, 22 partners and 11 associates have defected from the firm to Holland & Knight, Jackson Lewis, Arent Fox, and WilmerHale. [Blog of Legal Times]
* Considering the deadly force choke American health care reform legislation has supposedly put on employers, perhaps more lawyers ought to consider becoming Jedi masters of the Affordable Care Act. [Daily Business Review]
* The new normal for the ivory tower: Law schools are tackling falling applications by “voluntarily” decreasing their class sizes, or by “voluntarily” offering faculty and staff buyouts. [Wall Street Journal]
* But look on the bright side, professors, the ABA wants to amend its accreditation standards to save your jobs and offer greater protections. Too bad its unwilling to do the same for students. [ABA Journal]
* If you’ve been swindling clients for long enough, the law school you donated money to will try to scrub your name off its walls. That is what’s happening now at IU-McKinney Law. [National Law Journal]
You'll bump into more black people at the Indiana State Fair than you will at the Indy Law atrium.
If you had told me at the beginning of the week that something happening at Indiana School of Law – Indianapolis would turn into a three-day Above the Law story, I would have said, “No dude, I’m not going to race-bait the Jews during Passover.”
But it turns out that my powers of racial inflammation were not needed for this Indy Law story. A student writing as “Invisible Man” managed to stoke racial passions at the school simply by finding reverse racism where few others could: in the banners hanging in the law school’s atrium. Indy Law Dean Gary Roberts found the student’s objection essentially incomprehensible, but we haven’t actually seen the law school atrium, to judge for ourselves just how oppressive these banners of black people might be to the white students that make up 80% of the Indy Law student body.
Until now. Finally, tipsters send us photos of the atrium banners, to put this whole controversy into perspective. I hope you brought your magnifying glasses to work today…
I think we’ve all seen law schools or law firms conduct a “diversity campaign” through extremely selective photography. There might be only four people of color at your law school, but you can best believe that all four of them will show up in the brochure for prospective students. Your 100-person law firm might have only two brothers who can show up to work without wearing a uniform, but both of those dudes will magically end up in a central position on the law firm website.
Everybody knows the game. Black people, brown people, women, and people in the majority all know what the PR department is trying to do. Back when I was in law school, there was this sister in a wheelchair who had Harvard photographers following her around like paparazzi.
I never thought of these attempts to represent through photography what cannot be achieved in reality to be particularly problematic. I never thought that over-representing minorities in law school brochures was painful or offensive to the overwhelming majority that would therefore be underrepresented in the pictures. I guess I thought that one of the benefits of being in the majority is that you don’t need a stupid PR photo shoot to make you feel like you might be able to get through school without being discriminated against.
But maybe I was wrong about all that. Maybe there really is one law student in Indiana who is ready to blow the lid off of a serious case of reverse racism that has just been staring us right in the face…
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: