* 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….
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.
It’s the legal profession’s equivalent of a long-term relationship.
When Michelle Waites, Senior Patent Counsel for Xerox Corporation, attended The LGBT Bar’s Lavender Law conference several years ago, she wasn’t sure what to expect. She left having forged a lasting business relationship that still endures today.
It was during The LGBT Bar’s event – an annual gathering of more than 1,600 lesbian, gay, bisexual, transgender and allied legal professionals – that Waites first met Marla Butler, a partner at Robins, Kaplan, Miller & Ciresi LLP, who specializes in patent law.
Today, the two are still close friends as well as professional colleagues. Butler’s firm continues to work with Xerox – a business partnership forged via The LGBT Bar.
On November 19th, The Bar will present its first-ever conference outside the United States. Dubbed “A Lavender Law Experience for Europe,” the day-long Business Legal Conference will replicate programs such as the one that brought Waites and Butler together for legal professionals in Europe.
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: