* In case you’ve been sleeping under a rock, Mitt Romney picked Rep. Paul Ryan as his Vice Presidential running mate. Putting politics aside, this is a great pick, if only because Ryan is so handsome. Seriously, he’s a total stud. [Wall Street Journal]
* “How can I be the one guy with a good degree who is going to be chronically unemployed?” Sadly, many lawyers are still looking for jobs after (multiple) layoffs, but thanks to a lack of positions, employment is just “not in the cards” for them. [New York Times]
* Deadliest clerkship? The Washington, D.C. judge who presided over one of the most violent mass shooting cases in the nation’s capital was reportedly held up at gunpoint last week, with her law clerk in tow. [Fox DC]
* Something is rotten in the state of Denmark Texas. Judge Sam Sparks “know[s] the smell of bad fish,” and now wants to know why the USADA waited so long to bring charges against Lance Armstrong. [Bloomberg]
* After reversing a bankruptcy court’s decision that loan repayment would be an “undue hardship” for a law school debtor, a judge took the time to rip law schools a new one over escalating tuition. [Oregonian]
* Match.com class-action plaintiffs found no love in court after a federal judge ruled that the dating website hadn’t breached its user agreement. Much like their love lives, their claims aren’t getting any action. [Reuters]
* A man who is his own lawyer has a fool for a client: 23% of all cases filed in the federal court for the S.D.N.Y. are brought by pro se litigants, and the vast majority of them seem to have lost their minds. [New York Post]
* Arizona Gov. Jan Brewer tapped the brakes on the Insane Train yesterday, vetoing one measure that would allow guns at schools and another that would require presidential candidates to prove they weren’t Kenyan immigrants hellbent on the destruction of Lee Greenwood. [TucsonSentinel.com]
* Microsoft went before the Supreme Court yesterday to argue that patents should be easier to challenge. Sotomayor spent the entire oral argument asking the Microsoft attorney how she could fit more Miami Sound Machine on her Zune. [Reuters]
* Customer accounts have been frozen following the indictment of online poker companies. Bloomberg decided this was the perfect time to upload their stock poker photo, featuring the caption “A royal flush, circa 1950.” [Bloomberg]
* And here’s a rundown of the potential attorneys and firms who will work the defense side in said p-p-p-poker case. [Am Law Daily]
* The Taco Bell soylent beef lawsuit was dropped yesterday. Posting will be light today while Elie makes a run for the border. [NPR]
* Yo, Mr. Dopeman, you think you’re slick. You sold crack to my sister and now she’s sick. But if she happens to die because of your drug, federal judges will have a difficult time sentencing you. Oof, that N.W.A. lyric took a weird turn, didn’t it? [New York Times]
* The Supreme Court rejected an appeal by five Uyghurs being detained in Guantanamo Bay. On a related note, I just wasted a good ten minutes listening to this pronunciation of Uyghur. [CNN]
Would new Match.com regulations stop Ben Roethlisberger from connecting with a receiver?
By now, many of you have see the story about the woman who is suing Match.com. It’s been in the L.A. Times, the WSJ Law Blog (replete with a very creepy picture), and the ABA Journal. It’s a sad story. A woman alleges she was sexually assaulted while on a date with a man she met through Match.com.
If the allegations are true, you can only hope her attacker is punished to the full extent of the law.
This story is making national news because, in addition to pursuing charges against her alleged attacker, the woman has also filed a lawsuit against Match.com. She wants them to conduct a screening of the users on their site.
In the heat of a disturbing story about an assault, I’m sure that checking a member’s name against a registry of sex offenders seems like a minimal requirement that can be easily done by a large company like Match.com. At least that’s what her lawyer would like us to think.
But I think any dispassionate and reasonable analysis of the situation would reveal that such a requirement is at worst dangerous, and a best entirely ineffective. I don’t care how many proprietary algorithms these dating sites throw at you — at the end of the day, there is no substitute for human intuition, common sense, and luck….
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: