* Can we please fill this Facebook pay-for-posts rabbit hole with cement, ASAP? Then let’s grow a forest on top of the cement, and then napalm the whole thing for good measure. [Not-So Private Parts / Forbes]
* In America, law school dropouts turn to aggressive blogging. In Syria, they join the rebel army. [LA Times]
* A U.S. judge upholds the government’s indictment of Kim Dotcom and Megaupload, despite the whole “they’re based in another hemisphere” snag. The only tricky part is getting him here. [Ars Technica]
* This insane wedding ended with a dead uncle, a relative in jail, and several dozen cops on the scene. I”ll bet ten-to-one Zach Galifianakis was somewhere nearby. [Dealbreaker]
* Hello, Jimmy, welcome to the Pleasantville Middle School Scrapbooking Club! We’re so glad to have you. But, first, could you please pee in this cup? [Overlawyered]
* This is an amusing video of British law students sucking up to William and Kate. More importantly, a reminder that Kate is gorgeous, even when she is unpixelated and wearing clothes. [Legal Cheek]
Yesterday, he unveiled the teaser for his new music product, known as Megabox. And this morning, he earned an extensive personal apology from New Zealand’s prime minister. Apparently the Kiwi equivalent of the American National Security Administration had unlawfully spied on Dotcom, and Prime Minister John Key said the “basic errors” involved in the mistake were appalling.
After months of living under house arrest and frozen assets, Megaupload leader Kim Dotcom has finally won a multimillion dollar victory in New Zealand court — one that will unfreeze some of his money and allow him to sell off some of his luxury cars so he can pay his attorneys.
Not a glamorous win, by any means, but it is what it is.
The Justice Department’s prosecution has been riddled with problems almost from the case’s beginning, back in January. This is another setback in their attempts to curb file-sharing.
So how much of his money will Dotcom now be able to fork right over to his lawyers? And which cars can he sell?
Last time we checked in with the crumbling prosecution of Megaupload, the massive cyber locker, and its similarly massive leader, Kim Dotcom, a New Zealand court had declared the search warrant served against Dotcom unconstitutional.
This week, the same judge has ruled that the United States government needs to let New Zealand see why exactly they want to extradite Dotcom. You know, so the country can decide if it’s really a good idea to turn over someone to a foreign government.
What a shocking request! Let’s keep reading to see the details of the ruling, as well as additional updates as to what Dotcom is doing to try to pay his lawyers, who thus far have not received a dime for their services….
* A photo of $211,223.04 that Matthew Inman of the Oatmeal raised for charity. Hopefully this means that the Oatmeal/Charles Carreon lawsuit circus is finally leaving town. [The Oatmeal]
* “Bada da da daaah… I’m loving it! Now give me my Big Mac or I’ll shoot you in the face.” [Legal Juice]
* A San Francisco restaurant finds an creative way around California’s new foie gras ban. Force-fed duck liver 4Lyfe! [Inside Scoop SF]
* The Supreme Court Term feels like a distant memory, but now’s a good time to look back on it with added perspective. Courtesy of MoloLamken, here’s a great guide to the big business cases of the Supreme Court Term just ended. Download or print it, then read it at your leisure. [MoloLamken (PDF)]
* Nothing says justice like for-profit probation companies. [New York Times]
* Was this really a courtroom exchange involving Redskins tight end Fred Davis, or was it a weird performance art piece/Abbott and Costello comedy routine? [Washingtonian]
* There is no such thing as a free trip to Disney World. Well, technically there is. There are many, in fact, at least until you get caught. [Legal Juice]
* The insane legal fight between the Oatmeal and Charles Carreon continues to get weirder. Oh yeah, and serial suer extraordinaire Jonathan Lee Riches has hopped into the fray as well. [Lowering the Bar]
A New Zealand court made another ruling today, and it’s another sledgehammer to the government’s case against the formerly massive cyber locker. Keep reading to see what once was a slamdunk case continue crumbling before our eyes….
* Today’s court session is business as usual for SCOTUS, because the justices always seem to save the “best” for last. And now I’ll have that stupid Vanessa Williams song stuck in my head all day. Sorry if I got it stuck in yours, too. [National Law Journal (reg. req.)]
* Meanwhile, over at the White House, the air was thick with the sound of silence on the eve of the Supreme Court’s ruling on the Affordable Care Act. More than willing to bet that President Obama probably didn’t sleep too well last night. [Los Angeles Times]
* “If she dies and Romney wins, the Supreme Court will be the most conservative in history.” Oh, please. Stop giving Ruth Bader Ginsburg flak for being too old, and learn to respect your elders — she’ll quit (or she’ll croak) when she damn well feels like it. [New York Times]
* Peter Madoff will plead guilty to two federal charges at the end of the week. He’ll probably serve ten years in prison. In the long run, that’s nothing compared to big brother Bernie’s 150-year sentence. [Bloomberg]
* Reason #11ty-billion why we <3 Flori-duh: a judge rejected the DOJ's request to block Florida's voter purge, and Governor Rick Scott, of course, was pleased as punch, calling it a "common-sense decision." [POLITICO]
* Megaupload wins again: a New Zealand court ruled that the search warrants used to raid Kim Dotcom’s mansion were illegal because they failed to “adequately describe the offenses to which they related.” [Reuters]
* Loan debt will allegedly make you do some pretty crazy sh*t. Jason Bohn, the law school grad featured in an NYT article about the perils of law school, now stands accused of murdering his girlfriend. [New York Post]
* The ABA Journal wants to know if you think your law school’s name and reputation affected your career path. Well, the first comment on my first post was “the what what school of where now,” so you tell me. [ABA Journal]
As part of our continuing coverage of Maximus, err, Kim Dotcom, the charismatic, renegade technology leader of Megaupload who appears to be in the process of defying an entertainment empire, let’s take a quick look at the most recent filings in his copyright fight with United States government.
Plus, more importantly, we have a look at Dotcom’s awesome new Twitter feed. Spoiler alert: the account includes photographic evidence of money “laundering,” “racketeering,” and a guest appearance by the Woz…
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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