* Texas law student/international small-arms dealer Cody Wilson got shot down (pun!) days after revealing a fully security-proof 3D printable gun. The State Department pointed out that Wilson seems to be violating all manner of international arms agreements, which was pretty obvious when he went on video boasting about how his weapons were being used in hotbeds of civil strife. [Foreign Policy: Passport]
* The Juice may soon be loose! But probably not. O.J. Simpson has a hearing seeking a new trial in Las Vegas and blaming his former lawyer, Yale Galanter. Best part? Simpson claims Galanter approved the whole “armed, threatening confrontation” plan beforehand. Oops. [FOX News]
* Michael Arrington, a lawyer and “one of the most powerful people on the Internet,” is suing his ex-girlfriend for defamation. The complaint compiles some pretty salacious claims that she made via social media. [Valleywag]
* Just when you thought being an unpaid intern couldn’t be sadder, Judge Baer makes it sadder. [Fashionista]
* The “Thug’s Lawyer” got a reprieve when a judge tossed his indictment for conspiracy, obstruction of justice, theft, and perjury. [The Advocate]
* The EEOC filed suit against a Miami company that required its employees to become Scientologists. In other news, someone actually thought they could get away with making all their employees join the Church of Scientology. [Lowering the Bar]
* The history of the Madison Avenue IPOs alluded to in last week’s Mad Men. [DealBook]
* Dear readers, legal pundits, regular pundits, and the public at large: Please stop with this nonsense of how Sandra Fluke should sue Rush Limbaugh. Because I swear to God, if you guys make me indirectly defend Limbaugh, I will wear you guys out like the dirty little sluts you are. [Politico]
* Which founding partner of a major law firm has abs of steel? [Dealbreaker]
* A ranking of top moot court programs. I wouldn’t be surprised if the schools that are best at moot court are the schools that spend the most time lying to their students about how there’s a single goddamn employer out there who cares about moot court. [TaxProf Blog]
* People think I hate cops, but I have nothing on Republicans in the Indiana House of Representatives. Those guys are such cop haters that they want to pass a law to make it okay to kill them if they enter your house. All I want is to be able to get away with saying “yo’ mama” if they try to falsely arrest you in your own home. [Recess Appointments]
* This legal assistant reminds me of what Lane Pryce might have said if he had been sacked for a job as a legal assistant. [Roll on Friday]
* Really, it’s the pro-death penalty crowd that wants us to be more like Communist China. [A Public Defender]
* Congratulations to the new leaders at Ms. JD. [Ms. JD]
* Michigan man sues movie theater for overpriced snacks. He’s not suing for amount they charge to see movies over the past atrocious season, he just wants to spend less while he’s sucking down Goobers and watching them. (One quick side note on the Oscars ’cause I was sick last week: F*** you, Academy of Motion Picture Arts and Sciences. Maybe they should re-release Margin Call with Zach Quinto replaced by a French mime so you guys might notice something at least 1% of this country cares about.) [Huffington Post]
As with love affairs, all lawyer-client relationships must eventually end. If you’re lucky, they won’t end until retirement or death (not the untimely kind; that would be unlucky). More often though, they will end with one of you — usually the client — finding someone new or simply no longer needing the other. The goal, then, is to try to stave off this end for as long as possible. But it will come eventually. And while no one likes to lose a client, it’s not the end of the world.
But there’s one situation where losing a client is a much more serious problem:
When it’s an uberclient.
Let me explain. When I got the offer at my first law firm, I met with one of the partners one last time before accepting. I felt like I was supposed to ask him important questions about the four-lawyer firm, to help me decide whether to accept. The first question I asked was whether the firm had any debt. Someone told me that this was a good question to ask. He said they didn’t, and that seemed like a good answer. Then I had a brain flash, and asked a much better question:
“Is there any one thing that could put the firm out of business?”
Don’t worry, I’m not going to ruin the season finale of Mad Men for those who still have it sitting in their DVRs.
Instead, I’m here to remind people that Mad Men is a television show set in a time long since past. Much to the disappointment of white males everywhere, those days are gone and never coming back.
Of course, nostalgia (and the cultural memory of a time when white men were in unquestioned positions of dominance) is a powerful thing. It must be sad to know that winning the birth lottery doesn’t pay off quite as much as it used to. But that’s no excuse for trying to force an anachronistic worldview upon your current working environment. Society has moved on; at some point living in the past stops being “traditional” and starts getting “obsolete.”
And maybe even “illegal.” That’s the argument a former secretary at the firm of Honigman, Miller, Schwartz and Cohn is trying to make. She clams that the firm’s “old-school” policies created a hostile work environment and caused her to suffer a physical injury.
According to the secretary’s lawyer, administrative assistants at Honigman are required to strut to work in high heels…
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: firstname.lastname@example.org.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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