Once again, we’re wading into the shallow waters of celebrity careers gone awry. Sometimes actors of the B-list variety just want to do something more with their lives — aside from nurse a stint in acting that’s on its last legs. And, just like everyone else who’s unsure of what that “something more” really is, law school beckons with its promises of fame and fortune.
Jerry O’Connell did it most recently, and many others took the plunge before him (apparently careers in the law work well for the child stars of yesteryear). But who’s the latest victim of the celebrity law school trap?
It’s someone who doesn’t want to wait for her life to be over before accomplishing something with it….
* The Obama campaign is going to court to fight for their big ‘O’ trademark. I guess their claim that Romney’s centrist pragmatism was infringing on Obama’s reputation as a practical moderate fell through once Romney started pandering to his base. [WSJ Law Blog]
When you join a cult alternative religion, it’s expected that you’re going to become accustomed to some rather unusual practices. And if that religion happens to be based upon science fiction books, well, you know that you’re going to be exposed to some crazy strange sh*t in all of life’s events. From marriage, to birth (of the silent variety), to divorce, to death, the Church of Scientology offers unique advice for its adherents to follow — advice that encourages Scientologists to abandon the legal system.
All hail the mighty Xenu, dictator of the Galactic Confederacy, who knows well the dangers of ridiculously high-priced legal bills. That’s why he isn’t a fan of modern-day divorce train wrecks. Take the recent filing between Tom Cruise and Katie Holmes — not only will that cost a pretty penny to litigate, but it will bring shame upon L. Ron Hubbard’s religious dynasty.
That’s why if you absolutely must split with your spouse, Xenu will forgo the necessary funds for Scientology pamphlets used for recruiting new minions, and hook you up with your own in-house divorce attorney….
How the hell are we supposed to pick our Comment of the Week when there was a holiday smack dab in the middle of the week? I mean, really, people are still nursing their Fourth of July hangovers, which made this week’s pickings a little slim.
Luckily for us, Katie Holmes fell prey to the Curse of 33, and “blindsighted” “blindsided” Tom Cruise with divorce papers, just in time for his 50th birthday. You’ve got to feel a little bad for the guy — his marriages all die quicker than Goose.
So this week, we picked the winner from the TomKat divorce post. Hold on to your thetans, folks, because we’re about to ride into the danger zone….
Unless you’ve been living in a volcano for 36 billion years, you’ve heard that Katie Holmes ascended the Bridge to Total Freedom last Friday by “blindsiding” Tom Cruise with divorce papers after five years of sham marriage. Bookies in Vegas no doubt saw this coming, given his marriage record and the fact that everyone claims to know someone who’s worked for him who says he’s totally gay. But unlike the rumors that dogged his last divorce (Nicole was apparently slated to receive a huge chunk of change under her prenup if they made it to ten years, so he divorced her after nine), this time the rumors center around Scientology…
* Killing me softly with taxes, killing me softly, with taxes, taking my whole life, with levies, killing me softly, with these taxes. [Going Concern]
* Texas GOP Platform says that they oppose teaching critical thinking skills to children. The party says it was a typo, but given how many people can’t think themselves above 150 on the LSAT, I don’t think they have anything to worry about. [Talking Points Memo]
* So, does this mean that Republicans don’t think the government can mandate ultrasounds, or what? [Huffington Post]
* Star Magazine says that Katie Holmes is a drug addict. Which drug? Scientology. She might win the libel lawsuit, but her ultimate judge will be Xenu. [Reuters]
* A judge in Illinois won’t let a defendant who looks like the Crazy Cat Lady from the Simpsons get her hair done or wear makeup at trial. [Chicago Sun-Times]
* A judge in New York, on the other hand, will give a defendant the tie off his neck and the Brooks Brothers shirt off his back just so he can look stylish in court. [New York Post]
* Just because your kid went to the prom with a Muslim doesn’t mean that you’re down with Islam — especially not when you want to make it a felony to follow Shariah law. [Washington Post]
* Christina Aguilera got arrested for being drunk in public. Someone needs to put that genie back in her bottle before she heads the way of other infamous Mouseketeers. [ABC News]
* How desperate do you have to be to molest your kid in exchange for a date? How stupid do you have to be to think child porn therapy is real? The answer to both questions is VERY. [Detroit Free Press]
* The SEC has accused Goldman Sachs’s ex-director of insider trading. The next insider trading he’ll probably be doing is for cigarettes in the pokey. [Wall Street Journal]
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: email@example.com.
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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