* Dewey think Joel Sanders and Steve DiCarmine, former head honchos of the failed firm D&L, have a friend in the District Attorney’s office? Even their opponents in their criminal case want their civil case stayed. [WSJ Law Blog]
* “They’re literally dancing in the streets in Cleveland.” Frederick Nance, Cleveland-based regional managing partner of Squire Patton Boggs and lawyer to King LeBron, couldn’t be more thrilled that his client is returning to the Cleveland Cavaliers. Hooray for hometown billables. [Am Law Daily]
* Tracy Morgan filed a lawsuit against Walmart over the fatal car wreck that killed his friend and left him with numerous broken bones. We suppose his injuries will prevent him from getting girls pregnant. [CNN]
* The NYLS grad who founded an imperiled cupcakery dropped enough Crumbs to lead investors to her rescue. Now the bakeshop has enough cash to make it through bankruptcy. [DealBook / New York Times]
* Fabulicious? Teresa Giudice, the Real Housewife of New Jersey who pleaded guilty to fraud charges last year, is awaiting sentencing of up to 27 months, but isn’t sure she regrets what she did. [New York Post]
Back in 2010, Leicester Bryce Stovell, a D.C.-based lawyer, filed a pro se lawsuit against LeBron James claiming he was the star athlete’s father — and that he had the genetic material to prove it. As it turns out, the paternity test came back negative, but that didn’t stop Stovell from further alleging that he had been defamed when LeBron was quoted as saying that he “want[ed] to be a better father than [his] was.” The King’s lawyers from Squire Sanders argued that Stovell was simply delusional, and the case got bounced out of court.
You’d think that Stovell would’ve taken his ball and gone home, but earlier this spring, he returned to court to file additional defamation charges against his fantastical son for making statements about his father (i.e., anyone but Leicester Bryce Stovell) in a Sports Illustrated interview.
On Labor Day, a federal judge — the same one who originally came to the conclusion that Stovell wasn’t the father — took Stovell to task for his lacking lawyering skills…
* A chat with Chief Judge Alex Kozinski. Kozinski is the only interviewee who can talk about political oppression and reserve the real shock and horror for jury verdicts. [Concurring Opinions]
* On a serious note, a summer intern at Bank of America has died after pulling three all-nighters. Biglaw reminds associates that the lesson here is to get your work done faster. [Gawker via Instapundit]
* LeBron James thinks he’s actually above the law. What’s more despicable? Using celebrity to ruin everyone else’s commute so you can watch a concert or being part of the Heat? [Grantland]
* Case Western Reserve is changing its legal curriculum out of desperation an effort to revolutionize law school. [Cleveland Plain-Dealer]
* Women’s magazines make a ton of demoralizing helpful promises. What if lawyers inserted themselves into the editorial process? [The Tangential]
It’s tough to choose just one event from my summer to nominate for The Best Biglaw Summer Associate Event of 2012. First, there was “Wear Your Pajamas to Work Day,” which was so successful the firm extended the event for the entire summer. Another one of my favorites was the cooking class I attended, “Upgrading Your Kitchen: 101 Ramen Recipes.”
Some of the firm’s events were also educational. I particularly enjoyed the invaluable seminar “Dodging Your Debts,” featuring guest speaker Elie Mystal. And each week I looked forward to the “Friday Bonfire,” where the other summer associates and I gathered to roast off-brand marshmallows in the tall fire we’d built with that week’s haul of rejection letters as we basked in the glow of the flames of our legal careers.
Fortunately, most summer associates are working at firms that aren’t in bankruptcy. Let’s take a look at our quintet of impressive entries for this year’s summer associate event contest….
Yep, born and raised right here in Miami, Florida. I know, you hate me more now. Shucks. When I was a kid though, the only people who took their talents to South Beach were drug dealers, prostitutes, and movie producers depicting the place through the eyes of Tony Montana.
And now we are NBA Champions. We deserve it. We’ve waited a whole six years for this.
And you hate us. We love it, watching all of you whine and moan about how much you hate the Heat, hate Lebron, how Miami “bought” their championship. Yep, we bought it – cost a fortune too, you petty jealous nothings. We are the best, we are having a parade, probably right at the moment you sit in your miserable office, or Starbucks, and read this.
No surprise that I am a big fan of divisive people. I love watching the hate, the squirming when these people are successful, the “yeah, but…” commentary. I love watching losers nip at the feet of winners.
* “If you love me you’ll pass this bill.” Sorry, Obama, but even the Democrats are busy washing their hair on this one. How about we pass a resolution like this instead? I’d totally love Obama for that. [New York Times]
* Gary Giordano, the man accused of killing his swinging gal pal in Aruba, has hired a new attorney. Apparently Jose Baez is now the go-to guy for defendants with shady pasts and even shadier alibis. [Daily Mail]
Despite the waves of people trying to show me the humor and humanity of stomping a bird to death, I prefer my laughs to come in more traditional formats. Something light: like YouTube videos, made by prospective law students, that are both intentionally and unintentionally funny at the same time.
And it just so happens that I have the perfect thing. A prospective law student made a YouTube clip about his choice of where to go to law school. Yep, it’s the law school version of The Decision…
LeBron James is taking his talents to Washington. Well, at least his lawyers are. Lawyers for King James have filed their motion to dismiss the suit filed by Leicester Bryce Stovell, a D.C.-based lawyer. Stovell claims that he is LeBron’s father and that LeBron’s mother, Gloria James, tampered with the paternity test that would have proven his claims. Our own Gabe Acevedo did an interview with Stovell back in July.
We offered LeBron the opportunity to appear on Above the Law during an hour-long special called “The Paternity,” where he would reveal the identity not of his biological father, but of whichever man gave him the best chance of expanding LeBron’s global reach. My money was on Justin Bieber, but so far LeBron has declined our offer.
So, for the moment, we’ll have to content ourselves with what his lawyers say about this Leicester Bryce Stovell character…
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: