* J.P. Morgan is close to a deal in the Madoff affair. Rumors place it at $2 billion or basically a week’s worth of revenue. [DealBook / New York Times]
* After getting busted for cocaine possession, GOP Rep. Trey Radel has hired Rob Walker of Wiley Rein to advise him on the looming House investigation. Only in Washington would you have an investigation into something after the guy already pleaded guilty. [Politico]
* Are you ready for your retirement? The answer is probably, no. [ABA Journal]
* A Texas court overturned Tom DeLay’s conviction on money laundering charges. DeLay immediately thanked Jesus, who played an instrumental role in the three judge panel’s deliberations. [New York Times]
* Eric Holder has eliminated mandatory minimum sentences for those low-level nonviolent drug offenders whose cases are currently pending. In related news, here is a cow riding a razor scooter. [Washington Post]
* This says J.P. Morgan actually did just fine in their settlement with the Securities and Exchange Commission. I get the hugest boner from underdog stories like this one. [WSJ Law Blog]
* A woman has sued Getty Images after her photo was used in an HIV advertisement. She’s apparently holding out for the herp campaign. [New York Post]
* More from Clarence Thomas in Portland: “Why was a black kid in Georgia reading Ayn Rand?” I don’t know. Because he was dumb? [ABC News]
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 seven years. You can reach them by email: email@example.com.
It’s that time of year again when JDs are starting to apply for 2L summer jobs and 2L summers are deciding which practice area to focus on.
For those JDs with an interest in potentially lateraling to or transferring to Asia in the future, please feel free to reach out to Kinney for advice on firm choices, interviewing and practice choices, relating to future marketability in Asia, or for a general discussion on your particular Asia markets of interest. This is of course a free of cost service for those who some years in the future may be our future industry contacts or perhaps even clients.
For some years now Kinney’s Asia head, Evan Jowers, has been formally advising Harvard Law students with such questions, as the Asia expert in Harvard Law’s “Ask The Experts Market Program” each summer and fall, with podcasts and scheduled phone calls. This has been an enjoyable and productive experience for all involved.
Whether you’re fresh off the bar exam or hitting your stride after hanging a shingle a few years ago, one thing’s for certain: independent attorneys who start a solo or small-law practice live with a certain amount of stress.
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