* Dewey get the chance to reap revenge against all of the partners who defected? Only in bankruptcy clawback suits. Many are keeping an eye on the Coudert and Thelen Chapter 11 cases to see if they’ll have to pay up. [Thomson Reuters News & Insight]
* “People have bigger concerns on their mind than whether Elizabeth Warren is 1/32 Cherokee.” Well, Scott Brown isn’t most people. He wants all of her job records from her career as a law professor. [Washington Wire / Wall Street Journal]
* “We are not anti-gay, we are pro-marriage.” I don’t think “pro-marriage” means what you think it means. Last night, North Carolina voters passed a constitutional amendment banning same-sex marriage in the state. [CNN]
* Mike McQueary is filing a whistleblower lawsuit against Penn State. Hate to say it, but that’s definitely not the first time Penn State’s seen a lawsuit over something being blown in the locker room. [Centre Daily Times]
* Washington University in St. Louis Law is launching an online LL.M. program for foreign lawyers for the low, low price of $48K. The exchange rate surely can’t be good enough for that to be worth it. [New York Times]
* Joran van der Sloot will likely be extradited to the United States from Peru this summer. His lawyer, Maximo Altez, isn’t a fan, because he thinks that we’ll charge his client with murder. America, f**k yeah! [ABC News]
* Oh, of course a member of the Village People’s claim just had to be the test case for 35-year copyright transfer termination. Well, kudos to you, Mr. Motorcycle Cop. You’re a real “Macho Man.” [Bloomberg]
Every so often, people ask us about the “value” of getting an LL.M. degree. Our answer has remained pretty consistent. Is it a tax LL.M. from Georgetown or NYU? No? Then save your money and buy something valuable like gold or drugs. See this graphic (click to enlarge):
Photo credit: some dude on TLS.
But still, people ask: “Is it worth it to get an LL.M. degree?” And obviously, there are a bunch of people who put down good money chasing an extra credential that has little to no impact on their job prospects.
Why? Well, the simplest answer is that LL.M.s are extremely valuable to law school budgets. LL.M.s are so lucrative for law schools that law school deans are willing to lie or become willfully ignorant as to the employment opportunities generated by an expensive post-law school degree.
The National Law Journal made that EXTREMELY OBVIOUS point yesterday (again)….
And it’s not over yet. What do Professors Richard Epstein and John Yoo — two of legal academia’s most colorful characters, rock stars in Federalist Society circles — think of the current state of law schools here in the United States?
Foreign LLM students are often like Rodney Dangerfield: they don’t get no respect. American-born JD candidates make fun of LLMs: their awkwardness, their accents, their ignorance of U.S. customs, and their repeated references to life and law in their home countries (“Back on Mypos, we don’t have contributory negligence….”).
Well, next time you want to make fun of an LLM student, check yourself. That LLM student might be the future president of his country — like Mikheil Saakashvili, the Georgian president who earned an LLM at Columbia Law School.
Or, better yet, that LLM student might be the most beautiful woman out of 600,000,000. The nation of India has a population of around 1.2 billion — and a former LLM student at NYU Law School was just crowned Miss India, making her that country’s #1 specimen of womanhood. Eat your heart out, Reema Bajaj.
Ed. Note: Will the Lost Generation ever find its way back into Biglaw? This new column is written by a member of the Lost Generation who initially was thrown off of the Biglaw bandwagon but was able to get back on, and is now trying to hang on to his Biglaw second chance.
By the second semester of my 3L year, I began to realize that my whining about graduating law school unemployed was no longer an overly dramatic response to having been no-offered. It had become a legitimate concern.
For the first few weeks of the first semester, I dreamt of finding another Biglaw job somewhere in the country. As the rejection letters rolled in, I began to embrace the idea of practicing in the public sector. I imagined prosecuting violent criminals for assault or defending drug-users for minor misdemeanors. I managed to snag a couple of interviews through the meager offerings of 3L O.C.I. But, I stood no chance against my classmates who had been committed to a side of the criminal “v” since 1L year. Also, there was a glaring white space on my resume where it should have read “offer received.” Instead, it read, “I’m here because the high-paying legal employer that just reviewed over ten weeks of my work didn’t want me, and now I’m screwed and desperate.”
The other candidates had PILC and PILF all over their resumes . . . in bold. I, on the other hand, had never even been to that damn auction everyone kept talking about. Even if I could have competed for those jobs, I knew that I was undeserving as compared to many of my hard-working peers who had committed to being A.D.A.s or public defenders from the beginning of law school. Don’t get me wrong, though. If given the chance, I would have taken one of the jobs immediately…
In a land that is right here and in a time that is right now, a technology has arisen so powerful that it can replace basic human document review. Is it time to bow down before our new robot overlords?
First, here’s a little story about me: my life in the legal world began as a paralegal. My first case was a GIANT patent infringement case that was already six years old and had involved as many as five companies, multiple US courts, the ITC and an international standards committee. I knew nothing about any of this.
On my first day, my supervisor (a paralegal with at least eight other cases driving her crazy) sat me down in front of a Concordance database with a 100,000+ patents and patent file histories. “Code these,” she said. I learned that “coding”, for the purposes of this exercise, meant manually typing the inventor’s name, the title of the patent, the assignee, the file date, and other objective data for each document. I worked on that project – and only that project – for at least the first six months of my job. After a week or so, time began to blur.
What I know, in retrospect and with absolutely certainty, is that as time began to blur, so did my judgment. So did my attention to detail. If you could tell me that I did not make at least one mistake a day – one inconsistent spelling, one reversed day and month, one incorrectly spaced title – I frankly would need to see your evidence. I would not believe it. The human mind is trainable but it is not a machine.
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We currently have a number of active openings for associate roles at US and UK firms in HK / China, Singapore and two new in-house openings. As always, please feel free to reach out to us at email@example.com in order to get details of current openings in Asia, as well as to discuss the Asia markets in general and what we expect for openings later this year. Our Evan Jowers and Robert Kinney will be in Beijing the week of March 25 and Evan Jowers will be in Hong Kong the week of April 1, if you would like to meet them in person.
The US associate openings we have in law firms are in the usual areas of M&A, cap markets, FCPA / white collar litigation, finance, and project finance. The most urgent of our top tier (top 15 US or magic circle) law firm openings in Asia (among many other firm openings that we have in Asia) are as follows:
• 2nd to 5th year mandarin fluent M&A associates needed in Beijing and Hong Kong at several firms;
• Korean fluent 2nd to 4th year cap markets associate needed in Hong Kong;
• 2nd to 5th year Japanese fluent M&A associates needed in Tokyo;
• 4th to 6th year mandarin fluent cap markets associate needed in Hong Kong;
• 2nd to 4th year M&A / cap markets mix associate needed in Singapore.
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