She’s not a porn star, she’s a law student. We could see where you might be confused by that one.
* Now that we know Eric Holder is resigning, there’s been speculation as to where he’ll go next. The obvious choice is a return to Covington & Burling, but he could still surprise everyone. [National Law Journal]
* “Judicial campaign cash is burning a hole in the Constitution.” State court judges are pumping money into their election campaigns, and some have been left to wonder about its true price. [New York Times]
* Details have emerged as to conditions that must be met for Bingham McCutchen’s proposed merger with Morgan Lewis: partner promises, de-equitizations, and forgivable loans, oh my! [Reuters (sub. req.)]
* A former law student who was falsely identified as a porn star on the radio had her day in court and pulled out a win. Here’s the money shot: she’s walking away with $1 million in damages. [Kansas City Star]
A law dean has resigned amid allegations that he perjured himself in response to a lawsuit. I should care about this. Law school corruption! Perjury! Deans behaving badly!
Meh. We live in a world where deans say shady, misleading, or flat untruthful things all the time. We call it the “business of legal education.” We are used to deans going out there every day and straight hustling prospective law students. And I’m supposed to care that one of them allegedly actually perjured himself? One guy lied when he wasn’t supposed to as opposed to all the others who lie when it’s okay to do so. Big whoop.
Whatever. State school law dean goes down for reasons unrelated to the problems with legal education…
Another day, another law school administrator talking out of both sides of his mouth. Sure, his law school is reducing its faculty numbers because there isn’t enough tuition money to pay their salaries, but everything is going to be fine. According to this dean, “I think the market is coming back and we are stabilizing. I think the future looks bright for us.”
Which law school is politely pushing its older faculty members out the door this time?
This Thanksgiving, I was thankful for a healthy baby. Watching the Cowboys get blown out with your son is a whole other level of awesome that I can’t begin to adequately describe.
Trust me, my little guy will not grow up to like the Cowboys, he won’t end up being a Republican, and there’s no way in hell he’s going to law school. As soon as I got back to work, I remembered to be thankful (again) that I graduated from law school long before the economic meltdown and the era of high tuition with low job prospects.
Other people aren’t as lucky. Over the holiday, a presumably unemployed, 2012 law graduate sent a scathing letter to the dean and the faculty of the law school he graduated from. He’s angry. Based on the letter, he also might be a little loopy, possibly from hunger, but he’s certainly very, very angry….
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: