Ed. note: This is the latest installment of The ATL Interrogatories, brought to you by Lateral Link. This recurring feature will give notable law firm partners an opportunity to share insights and experiences about the legal profession and careers in law, as well as about their firms and themselves.
Andrew L. Sandler, Chairman and Executive Partner of BuckleySandler LLP and Chief Executive Officer of Treliant Risk Advisors LLP, is a recognized leader in financial services litigation, enforcement, regulation, and compliance. A wide range of financial services companies look to Mr. Sandler for strategic advice and to help them navigate complex litigation and civil and criminal investigations and examinations by federal and state enforcement and bank regulatory agencies. You can read his full bio here.
1. What is the greatest challenge to the legal industry over the next 5 years?
* Once again, Justice Ginsburg offers us some perspective on behind the scenes action at the Supreme Court. We bet you didn’t know that “Get over it” is one of Justice Scalia’s favorite expressions. [Politico]
* The chief justice of Delaware’s Supreme Court turned in his resignation papers on Friday, and rumor has it that the legendary Leo Strine will try to replace him. Best of luck, Chancellor! [Reuters]
* “I wasn’t looking for a job.” Paul Aguggia, the chairman of Kilpatrick Townsend & Stockton, will step down to cash in as the CEO of a New Jersey bank where he served as outside counsel. [American Banker]
* This is what it’s like when bankruptcies collide: AMR Corp. is now disputing Dewey’s billables, including 1,646 hours of contractually prohibited work completed by first-year associates. [Am Law Daily (sub. req.)]
* Bank of America is bleeding money in settlement payments. A $39 million payout in a Merrill Lynch gender bias case brings the total to about $200 million in under two weeks. [DealBook / New York Times]
* GW Law starts its dean search next month, and whoever takes the position needs to be good at raising funds, because the school has struggled in that department ever since Dean Berman left. [GW Hatchet]
* An Ivy League law professor tells us the third year of law school is a “crucial resource” to ensure lawyers are well-trained, so classes like “Understanding Obama” must be social imperatives. [Washington Post]
* It seems to me that the only jurors who might be influenced by the depiction of the legal system on Law & Order are the ones who were too dim to figure out how to get out of jury duty. [WSJ Law Blog (sub. req.)]
We’ve written countless times about the ways that people have tried to get out of jury duty. While some of them have managed to shirk their civic duties, others have been lesssuccessful.
In rare (unpublicized) cases, potential jurors have been more than willing to serve their time. But sometimes, real-life courtroom drama meets with television drama featuring plots ripped straight from the headlines — and that’s where things get messy.
I have successfully avoided jury duty since I moved back to New York in 2003, but this week they finally caught up with me. This week, I’ve had to perform my civic responsibility of sitting in judgment of my peers (like I don’t do that enough already).
Sorry, I had to “be available” to sit in judgement of my peers. Nobody is ever going to pick me for a jury. I blog about law for a living, hold two Harvard degrees, and have a checkered past. I’m not getting impaneled. Instead, I was just looking forward to the rare business day when I didn’t have to invent an opinion or listen to “the internet” pontificate on my weight.
Then the lady who seemed to be in charge of the proceedings told me that I was looking forward to three days of that. I went to protest, but Nurse Ratched told me to sit down and wait for my lobotomy. So i started paying attention to my surroundings — because blogging is how I cope with the slings and arrows of outrageous people asking me to behave like a normal person.
I’ll deal more directly with Nurse Ratched at another time. Today I got an up-close look at the voir dire process in a criminal trial. While I was not picked, I feel like my McMurphy-esque fingerprints will be all over the case.
Let’s take a look inside our clearly broken jury system…
It feels like I receive at least one email a week from a pissed-off white male. I feel like everywhere I look there is some white person whining, complaining, playing the “victim” card, and moaning about how difficult things are for a white person nowadays. I’m telling you, if white males have to live under a non-white male president for another four years, Ted Nugent is going to start writing spirituals.
Sometimes I respond to these “white plight” emails. Sometimes I get into passionate debates with people. Never do I sit back and say, “Man, white men really are getting screwed on this issue. White power!” I mean, at the end of the day the playing field still ridiculously favors white males. Sometimes white men can’t see it, just like sometimes you can’t tell that the Earth is curved when you’re standing on the ground. But if you look up — and do some math — it’s pretty obvious we live on a sphere, and it’s pretty obvious we live in a society that favors white males.
But I am… open-minded. And my mind was blown wide open when I read a blog post on Just Enrichment about the paucity of white male judges as fictional characters. Without having the resources to do a full-scale survey of every movie or television character in the past twenty years, this guy makes a compelling point that white males are disfavored when it comes to portraying impartial justice.
And I think this guy — Adam Chandler, a 3L at Yale Law School — is absolutely right….
In the blogosphere the people are divided into two seperate yet equally important groups: the producers who research new content, and the commentators who analyze and talk about it. This is a story of what happens when it all comes together.
DET. GREEN: We’ve got a man here, a single man, who has endeavored to watch every single episode of the now canceled Law & Order. He’s taking copious notes about conviction rates, plea bargains, and other outcomes, on a season-by-season basis.
Now this other guy is crunching all of that data, cross-referencing it against real New York City crime rates, and making some intelligent conclusions based on the comparisons. It all comes together at Overthinking It. It’s pretty sick stuff.
DET. BRISCOE: I liked TV better when only boobs watched it…
I recently wondered, on Twitter, whether it’s only a matter of time before everyone in Manhattan has bed bugs. Bedbugs are like death and taxes: they will get you eventually, and the only question is when.
For lawyers and staff in the legendary Manhattan District Attorney’s Office, the answer may be: soon. An employee in the office informs us that a bedbug-sniffing canine was brought into the 80 Centre Street building this afternoon — and that the dog alerted to the presence of bedbugs in multiple locations. Furthermore, rumor has it that (1) the powers-that-be in the office have known about bedbugs at 80 Centre Street for at least a week, and (2) the main building, at One Hogan Place, has had bedbugs for even longer.
(Right now Robert Morgenthau is probably thinking to himself, “Thank God I left that dump for Wachtell.” Morgenthau’s sucessor as DA, Cyrus Vance Jr., is probably scratching himself.)
“Several offices apparently came back positive for bed bugs,” said our source. “But, bizarrely, they are only going to fumigate those specific offices — not the entire building, like they should.”
It’s official: NBC has killed Law & Order. Victim was age 20, and is survived by “Law & Order: Los Angeles” and “Law & Order: Special Victims Unit” (for all those who can’t get enough of child rape and murder). NBC’s motives are not known. It may been an act of jealousy by someone connected to Gunsmoke, who did not want to see Law & Order surpass it as the longest-running drama series ever.
Which was the best season? Who was your favorite prosecutor? For how many years will reruns stay on TV? Will the theme music be stuck in your head for the rest of the day in tribute? Please feel free to examine the evidence and argue about it in the comments.
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: