It’s official: Lindsay Lohan is heading back to the slammer. She admitted to her probation violations yesterday, and waived her right to a formal hearing.
Judge Stephanie Sautner sentenced LiLo to 30 days in the county lockup, but as we all know, for washed-out movie stars in California, that means she’ll be spending about a week in jail. She has to surrender to the authorities by November 9. You know what that means? A week-long coke bender.
After serving her time, if Lindsay doesn’t perform her assigned community service tasks and go to her mandatory counseling sessions, she’ll go back to jail for an additional 270 days. (Which isn’t a bad thing — she’ll have time to develop a real relationship with her new big-house girlfriend.)
As Judge Sautner said: “This is what we really call putting the keys to the jail in the defendant’s hands.” When will Lindsay realize that her career is over and she should just throw away the key?
* Unfortunately, it looks like law schools aren’t the only ones cooking the books. According to Citigroup, partner profits in the Am Law 100 may have been a teensy bit overstated last year. [Wall Street Journal]
* A perp walk is a terrible thing to waste. Prosecutors may be dropping the charges against Dominique Strauss-Kahn faster than the old frog can allegedly drop his pants in a hotel room. [New York Times]
* Ethics investigation? Florida better realize that it’s dealing with the legal community’s honey badger. Jose Baez don’t care. Jose Baez don’t give a sh*t. [Crimesider / CBS News]
* Lindsay Lohan wants Pitbull to give her everything in this new lawsuit. Sorry honey, but you’ve already done more irreparable harm to yourself than a rap lyric ever could. [New York Daily News]
* In a lawsuit against Urban Outfitters over a picture, we learn that underage boobs are going for $14M a pop these days. Damn you, inflation, damn you to hell. [International Business Times]
* I see an orange jumpsuit in your future. And when you’re facing 47 counts of wire fraud after being busted in Operation Crystal Ball, that’s a pretty accurate fortune. [South Florida Sun-Sentinel]
* Cozen O’Connor is caught between the parents and lesbian partner of a deceased attorney in a death benefits war. Lawyers’ fees will eat through that profit-sharing plan in no time. [Philadelphia Inquirer]
* Because everything’s bigger in Texas, they’ve got the seventh-largest lawyer surplus in the country. Wrangling a job at the employment rodeo is going to be tough this year. [Texas Lawyer]
* The Betty Ford worker suing Lindsay Lohan for $1M claims she isn’t in it for the money. She just wants to teach LiLo a lesson. I don’t think she needs a lesson in how to write a check. [Radar Online]
* Think you’re getting screwed at your job? Carroll Shelby’s alleged liquor ‘n porn run grope girl definitely has you beat. [Fox News]
* Lindsay Lohan is headed back to court today. She’s expected to be arraigned on charges of being the best actress ever. [Hollywood Life]
* Another future Nobelist, Kim Kardashian, has filed a lawsuit against the Gap for using what this article calls “a faux-dashian model in a commercial for its Old Navy brand.” May you live in frighteningly vapid times. [CNNMoney]
* Texas executed a man last night who went on a random brown person killing spree after 9/11. [Fox News]
* Two 14-year-old boys in New Jersey will be forced to register as sex offenders after dropping trou and throwing their stinkholes on two other kids’ faces. Motorboating: taint what it used to be. [WSJ Law Blog]
* The Dodgers squared off against Major League Baseball in a Delaware bankruptcy court yesterday. For more on this story, here’s a dog wearing a toupee. [CBSSports.com]
* Former Congressman and current law firm partner Martin Frost took to the cyberpages of Politico to brag about stealing unflattering file photos of a female judge he clerked for from the Dallas Morning News back in the 1970s. If that sentence doesn’t make sense to you, it’s because I don’t really understand what’s going on here. Also, I don’t write good. [Politico via ABA Journal]
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: