* With help from Fenwick & West, Facebook snatched up Instagram in a $1B deal that closed in just 54 hours. That’s a big accomplishment, but the bigger one was valuing a company that helps f**k up your photos at such a high price. [Am Law Daily]
* Senator Dick Durbin is trying to collect stories about soul-crushing law school debt in an effort to reform lending laws, but law students and new lawyers aren’t speaking up about the problem. Hey, Dick, it’s time to start reading Above the Law. [National Law Journal]
* Apparently sarcasm is lost upon mention of George Zimmerman, so let’s play this one straight. The man who shot and killed Trayvon Martin has set up a website to solicit money for his defense fund. Actually, that’s a pretty great punchline on its own. [MSNBC]
* A judge has refused to reduce accused “Millionaire Madam” Anna Gristina’s $2M bail. With her alleged clientele, you’d think she’d be able to afford it. Come on, John Edwards gets $400 haircuts. He’s probably willing to pay top dollar for his call girls. [Bloomberg]
* Amanda Bynes wasn’t drunk on alcohol, she was drunk on emotions, claims her daddy. That’s a defense that will totally stand up in court on a DUI charge. [New York Daily News]
But sometimes — perhaps most of the time? — alert and engaged citizens are a good thing. Today we bring you the happy and heartwarming story of two Florida law students who helped apprehend a fugitive from justice.
How did they do it? Through keen observation and quick thinking….
Lat here. Not long ago, Elie and I debated the merits of Harvard Law versus Yale Law, in response to a request for advice from a prospective law student lucky enough to be choosing between HLS and YLS. Then we opened up a reader poll, in which about 60 percent of you urged the 0L in question to go to Yale.
This has turned into one of my favorite posts of the year. We’re calling for all creative law students. We’re calling for all law students who can carry a tune or time a joke to send forth the very best law revue videos to be judged — harshly — by the Above the Law audience.
The creative team behind the winning video will get Above the Law t-shirts and mad respect. The losers will provide entertainment for the masses. This is the time to show them everything. Make sure they remember you.
But, before you start sending us your videos, you should know that there are rules, RULES THAT YOU MUST FOLLOW….
These days, law school is a sucker’s bet, and it’s even clear to judges. Just look at what happened with the class action lawsuit that was filed against New York Law School. That thing got dismissed faster than a recent law school graduate turned barista can ask how you’d like your coffee.
Indeed, it’s clear to everyone except prospective and current law students that law school is for suckers….
It’s not every day that you hear about a law professor who allegedly exposed himself to a law student, but today’s just one of those days.
A criminal complaint has been lodged against Clark Calvin Griffith, a former adjunct law professor at the William Mitchell College of Law. Griffith is 70 years old, but he stands accused of unzipping his pants and forcing a female law student to squeeze his penis. Makes you wonder if they serve Viagra in the William Mitchell faculty lounge.
Let’s learn some more about the lurid allegations against him….
Ah, the Bluebook. Some people love it, but even more people despise it. If you ask my colleague Elie Mystal about the Bluebook, he’ll tell you that it’s the only book in the world he’d actually consider burning in public. Even federal judges hate the Bluebook. In fact, when we held a poll about whether use of the Bluebook should be abolished, 51% of our readers agreed that it should be banished.
All that being said, is it any wonder that a student from a law school in Virginia is raging against the law review’s upcoming Bluebook exam? Several law students have written to us about this student’s “guerilla campaign” against the school’s annual exercise in “academic hazing,” and they have even provided us with copies of this kid’s manifesto. (Yeah, he’s got one.)
Who is this revolutionary, and why does he think the school’s Bluebook exam needs to go?
Lat here. It’s March, so you know what that means: prospective law students, those wise or foolish people who have decided to ignore the warnings of law school’s manycritics, are deciding where to matriculate. And they want our — and your — advice.
Last year, my colleague Elie Mystal offered advice to 0Ls who were considering such schools as Columbia, Chicago, NYU, Michigan, Northwestern, Vanderbilt, Illinois, and Minnesota. In case you missed the post, you can check it out here.
This year, Elie and I are going to offer conflicting advice — yes, it’s an ATL Debate — to a future law student with a real high-class problem. He’s choosing between Yale Law School and Harvard Law School.
Grab yourself a drink, make yourself some popcorn, and sit back, as Elie and I argue against our respective alma maters. And then, at the end, cast your vote in our reader poll….
Usually, it’s law professors who spend time bitching about students using Facebook and Gchatting in class. Boring, old, can’t hold an audience unless it’s captive, law professors. For the most part, I let those professorial concerns go in one ear and out the other. You’re making six figures as a law professor and you have to teach a couple of times a week. If your lecture isn’t more interesting than Minecraft, it’s your own damn fault. If you try, they will listen.
Yesterday we got something that we don’t see a lot: a letter from a law student complaining about the way her classmates use Facebook and Gchat. Yeah, apparently there is some law school out there that forces students to look at other students’ Facebook pages during class. Can you believe it… oh, wait; I’m getting new information over the wire that suggests the complaining student is just an incredible busybody who thinks she’s been elected police commissioner of other people’s in-class behavior.
Let’s delve into the mind of a person who wants to be the boss of you….
Professor Joel P. Trachtman (JD Harvard Law School) has developed a unique, practical guide to help lawyers analyze, argue, and write effectively.
The Tools of Argument: How the Best Lawyers Think, Argue, and Win is a highly readable 200-page book, available for about $10 in paperback or e-book. Chapters focus on foundational principles in legal argument: procedure, interpretation of contracts and statutes, use of evidence, and more. The material covered is taught only implicitly in law school. Yet, when up-and-coming attorneys master these straightforward tools, they will think and argue like the best lawyers.
For most attorneys, time spent managing the books is a necessary evil at best. Yet it is undeniably a crucial aspect of running a successful practice. With that in mind, we invite you to view or download a free webinar by Above the Law and our friends at Clio to learn how to better manage your finances.
Take this opportunity to learn what it takes to streamline your accounting and get the most out of your time. The webinar agenda:
● The basics of accounting for lawyers.
● How legal accounting differs from regular accounting.
● Report and reconciliation issues surrounding trust accounts.
● How to pick and integrate the best accounting tools for your practice.
● Steps to prepare your tax return for your firm’s income.
Do not miss this crucial chance to optimize your accounting practices. Save time and get back to billing!
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.
Please note that Evan Jowers and Robert Kinney are still in Hong Kong and will stay FOR THE REMAINDER OF THIS WEEK. We still have a handful of available slots for meetings with our Asia Chronicles fans. If we have not been in touch lately, reach out and let us know when we could meet! There is no need for an agenda at all. Most of our in-person meetings on these trips are with folks who understand that improving a legal practice through lateral hiring is an information-driven process that takes time to handle correctly.
Regarding trends in lateral US associate hiring in Hong Kong, we of course keep much of what we know off of this blog. Based on placement revenue, though, Kinney is having one of our most successful years ever in Asia. We are helping a number of our law firm clients with M&A, fund formation, cap markets, project finance, FCPA and disputes openings. These are very specific needs in many cases, so a conversation with us before jumping in may be helpful. As always, we like to be sure to get the maximum number of interviews per submission, using a well-informed, highly targeted, and selective approach, taking into account short, medium and long-term career aims.
Making a well informed decision during a job search is easier said than done – the information we provide comes from 10 years of being the market leader in US attorney placements at the top tier firms in Asia. There is no substitute for having known a hiring partner since he/she was an associate or for having helped a partner grow his or her practice from zip to zooming, and this is happily where we stand today – with years of background information on just about every relevant person in all the markets we serve, and most especially in Hong Kong/China/Greater Asia. So get in touch and get a download from us this week if we can fit it in, or soon in any case!