Loans
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Morning Docket
Morning Docket: 10.12.18
* While you were busy watching Kanye spew drivel in the Oval Office, you may have forgotten that he was there to watch the Music Modernization Act get signed into law to enrich artists. And by “artists” we mean the RIAA. [The Verge]
* The public service loan forgiveness program appears to be a total disaster. Glad we got 10 years of free public service out of those chumps who honestly believed the Department of Education would honor its commitments! [Law.com]
* Washington strikes down the death penalty as racially biased in application. [Washington Post]
* A reminder that Republicans used to support “sanctuary” laws because they objected to the federal government commandeering local law enforcement. How the times of changed… [Mother Jones]
* Cleary’s hired a chief talent officer to handle recruiting, retention and diversity and it’s a wonder more firms haven’t gone this route. [American Lawyer]
* Former Newsweek owner pleads not guilty in $10 million bank fraud scheme, claiming the charges are false and trumped up by Manhattan DA Cy Vance in retaliation over negative news coverage. This is the fundamental problem with Vance staying in this job: these charges may be legit but based on his history of high profile screw-ups, this retaliation defense sounds entirely reasonable. [Law360]
* Georgia sued over law that its Secretary of State is using to block new voter registrations from mostly minority citizens. For the record, that Secretary of State is himself in a tight race for governor against a black woman. Funny that so many minority registrations would get blocked like this, huh? [AJC]
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Public Interest
States Are Looking To Bolster Their LRAPs
A pair of states seek to improve the funding of their state-administered loan repayment programs for public interest lawyers. - Sponsored
How Generative AI Will Improve Legal Service Delivery
Learn how emerging tools will likely change and enhance the work of lawyers for years to come in this new report. -
Finance
How to Aggressively Defend Against Lender Liability Lawsuits
Following an economic downturn, lenders are inundated with lender liability suits typically based on purported promises to extend the maturity dates of loans, alter the terms of loan agreements, or to forbear from foreclosing on real property collateral.
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Biglaw, Citigroup, Depositions, Howrey LLP, Money, Partner Issues
Quote of the Day: Howrey Going To Void These Loans?
A former Howrey partner alleges fraud by a major bank. -
Airplanes / Aviation, American Bar Association / ABA, Antitrust, Arnold & Porter, Biglaw, Confirmations, Crime, Deaths, Department of Justice, Hate Crimes, John Roberts, Law Schools, Morning Docket, Murder, Patents, SCOTUS, Student Loans, Supreme Court, Travel / Vacation, Trendspotting, Violence
Morning Docket: 01.02.13
* While Chief Justice of the United States John Roberts made a plea to keep funding for the federal judiciary intact, we learned that student loan default cases have fallen since 2011. You really gotta love that income-based repayment. [WSJ Law Blog (sub. req.)]
* Introducing the Asia 50, a list of the largest firms in the Asia-Pacific region. When it comes to the firms with the biggest footprints, only one American Biglaw shop made the cut. Go ahead and take a wild guess on which one it was. [Asian Lawyer]
* Congratulations are in order, because after almost a year of stalling, Arnold & Porter partner William Baer was finally confirmed by the Senate as the chief of the Department of Justice’s Antitrust Division. [Bloomberg]
* Our elected officials might not have allowed the country to fall off the fiscal cliff, but the American Invents Act was put on hold, so if you’re a patent nerd, you can still be mad about something. [National Law Journal]
* Remember when Rutgers-Camden Law said “many top students” were making bank after graduation? Yeah, about that: Law School Transparency just filed an ABA complaint. [Thomson Reuters News & Insight]
* Here are some law school trends to look out for in 2013. FYI, the applicant pool is smaller because no one wants to foolishly gamble on their careers anymore. [Law Admissions Lowdown / U.S. News & World Report]
* In the latest NYC subway shoving death, a woman was charged with second-degree murder as a hate crime, and allegedly bragged about other hate crimes she’s committed to police. Lovely. [New York Times]
* Next time you’re trapped on a plane that’s literally filled with other people’s crap for 11 hours, don’t bother suing over your hellish experience — you’re going to be preempted by federal law. [New York Law Journal]
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Biglaw, Citigroup, Dewey & LeBoeuf, Dissolution, Partner Issues, Partner Profits, Wells Fargo
Dewey Know Who's Next? (Reprise)
Which major law firm might follow in the footsteps of Dewey and LeBoeuf? Let's discuss.... -
Biglaw, Citigroup, Dewey & LeBoeuf, Money, Partner Issues, Partner Profits
Dewey Collude With Citi To Screw Individual Partners?
A former Dewey partner alleges that the firm and Citibank worked together to improve the firm's cash position at the expense of individual partners. -
Bankruptcy, Law Schools, Money, Student Loans
Can You Show 'Undue Hardship' On Your Student Loans? You May Be Surprised.
Maybe claiming undue hardship isn't as impossible as it seems, if you truly have no hope... - Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so… -
Bad Ideas, Cars, Law Schools, Money, Rank Stupidity, Student Loans
3L With Law School Debt and Underwater Mortgage Wants A New Car. Stupid Is As Stupid Does.
Wife of a 3L tries to stop her husband from being a total idiot...