[T]he experience [of working at Cahill Gordon & Reindel] tested my ethical compass, and it coarsened my behavior. I was sometimes a jerk in dealing with my adversaries. I was sloppy in accounting for my time. I managed to care deeply about whether associates at the firm across the street were making a few dollars more. I did almost no pro bono work.
Don’t get me wrong. You get excellent training at big law firms. Many of the lawyers there do good and honorable work. But the big firms are built on a set of ethical tensions.
* Federal judges still have financial allegiances to their former firms that are reported on their mandatory annual disclosures. At least one appellate judge — Jay Bybee of the Ninth Circuit — made a killing after confirmation. [National Law Journal]
* After “a challenging 2013,” Bingham McCutchen is leaking lawyers like a sieve. Fourteen attorneys, including nine partners, recently decided to leave the firm, and they’re all headed to different Biglaw locales. [WSJ Law Blog via Reuters]
* Just one day after Donald Sterling was declared “mentally incapacitated,” he filed a lawsuit against the NBA, seeking more than $1 billion in damages. Skadden lawyers are stripping off their warm-up suits to take it to the court. [USA Today]
* This Am Law 200 firm thinks it figured out a way to help women combine their careers and home lives — by hiring a role model/mentor with an almost six-figure salary. Good idea or bad? [Dallas Morning News]
* We’ve got some breaking news for our readers from the “no sh*t” department: Law schools are competing to cut costs based on a shrinking applicant pool, but tuition is still quite unaffordable. [Houston Chronicle]
* Lewis Katz, co-owner of the Philadelphia Inquirer and alumnus of Dickinson Law, RIP. [Onward State]
Do you willingly feed trolls who are trying to obscure their identities?
I’m not talking about the cave-dwelling, ugly beings depicted in folklore as either giants or dwarfs. Those trolls aren’t yet online.
I want you to focus on the more insidious demons known as the “Internet trolls” (aka troll-holes as in a-holes). Troll-holes are devoid of any moral compass. These sorry-excuse-for-humans seek to ply discord on the internet. They post hateful, anonymous comments on anything from blogs to newspaper sites to Amazon and Yelp.
They want to argue with you. They want to demean you. They want to attack you. They want to provoke you. They want to upset you. They want to emotionally gut you.
Dinesh D’Souza pleaded guilty to a charge related to illegal campaign contributions in Manhattan federal court on Tuesday. D’Souza, a conservative commentator, Reagan White House policy adviser, and Christian apologist, is widely known for his documentary film 2016: Obama’s America. D’Souza faces up to sixteen months in prison. Sentencing is scheduled for September 23.
The case involved D’Souza’s use of “straw donors” when his own campaign contributions reached their legal limit. He encouraged two people close to him to each donate to the 2012 U.S. Senate campaign of his friend, Wendy Long. D’Souza promised to reimburse them for the donations. According to a press release by the Department of Justice, “Later that same day or the next day, D’SOUZA, as promised, reimbursed the Straw Donors $10,000 each in cash for the contributions.”
D’Souza’s defenders and critics can apparently agree on several points:
(1) D’Souza committed the crime.
(2) D’Souza committed the crime in an astonishingly ham-fisted way. (There’s nothing sly about handing over cash the day after a conversation like that. D’Souza might as well have delivered the money in a box marked “Campaign Finance Law Violation.”)
(3) The government is making an example of him.
What each side means by “making an example of him” is what makes this case more interesting . . . .
And let’s not forget: the work can be very, very interesting. For example, imagine being the general counsel or another in-house lawyer at Apple — a company involved in two of the most high-profile litigation battles currently raging….
* “Ladies and gentlemen of the Jury, if my client was the shooter, why would he have left the witness alive to testify? He’s a man who finishes the damn job.” [ABA Journal]
* Who would pretend to be a lawyer who is not? Apparently this public figure. [Legal Cheek]
* Jill Abramson is out at the New York Times. Could the reason be her decision to lawyer up? [Law and More]
* If you’ve hung around ATL long enough, you’ve heard us speculate that it just doesn’t make economic sense to attend most law schools. Here’s proof — only about 50 are even worth it economically. Which is hard to believe because I thought law degrees were worth $1 million. [TaxProf Blog]
* Lawyers get depressed, and not talking about it makes it worse. [Everyday Health]
* Seven-year-old kids are developing health problems from picking tobacco, because we let children work on tobacco farms apparently. [Slate]
* The Asian American Bar Association will be conducting a trial reenactment of 22 Lewd Chinese Women next Wednesday. Register here! [AABANY]
* As the new movie comes out, lawyers are really worked up over the Godzilla intellectual property. They need to hire Jorge Rivers: Godzilla Lawyer, whose ad appears after the jump (starring Thomas Lennon)…. [The Columbus Dispatch]
I have lawyers who are extremely well-connected at the Justice Department who usually can, with one phone call, get [Attorney General Eric] Holder on the phone. And they actually have gotten the people they wanted to get on the phone. And those people have been very unusually unforthcoming about what their thinking is or what’s happening, even to the extent of not being willing to tell them whether there’s already an indictment filed under seal or whether there’s a grand jury investigation…. [T]hey clearly want me to linger in this state of uncertainty.
– Lawyer turned journalist Glenn Greenwald, famous for his reporting on NSA surveillance, discussing with GQ the legal limbo he finds himself in.
(What Greenwald thinks about Hillary Clinton — hint: he’s not a fan — after the jump.)
Earlier this week, Time magazine released the Time 100, its annual list of the 100 most influential people in the world. This year, the same number of lawyers are present on the list as in last year’s legion of law lovers, and many of them are considered household names.
Although lawyers represent 14 percent of this list, only a handful of them were recognized for their work in the legal profession. Some of the representative career alternatives for attorneys on this list include leaders of the free world, television journalists, and arbiters of athletic fairness.
So which legal eagles soared into the Time 100, and were there any repeat honorees? Let’s find out…
It’s been a week of strange splits and noteworthy dissents at the U.S. Supreme Court.
In Navarette v. California, Justice Clarence Thomas wrote for a five-justice majority, holding that a traffic stop premised on an anonymous but reliable 911 tip about a swerving driver provided a police officer reasonable suspicion that the driver was intoxicated. So much the worse for the driver in this case, who happened to have thirty pounds of pot in the bed of his truck. Chief Justice Roberts agreed, as did Justices Kennedy, Breyer, and Alito. Justice Antonin Scalia dissented, joined by Justices Ginsburg, Sotomayor and Kagan. The usual yammering about Thomas as Scalia’s lap dog was quiet in this case. In Navarette, they apparently don’t even agree about how booze works: Scalia writes, “Whether a drunk driver drives drunkenly, the Court seems to think, is up to him. That is not how I understand the influence of alcohol.” He then cites to an article on the science of drinking.
In Paroline v. United States, the case involving restitution for child pornography victims, Justice Kennedy authored the majority opinion, joined by Justices Ginsburg, Breyer, Alito, and Kagan. The Chief dissented, along with Scalia and Thomas. Justice Sotomayor dissented separately. While none of the other justices joined her opinion, Sotomayor would have affirmed the Fifth Circuit’s en banc majority, granting the victim Amy full restitution. That majority included some conservative stalwarts (such as my former boss, Edith Jones) who aren’t often on the same side of divisive issues as the Wise Latina.
Justice Sotomayor also dissented in Schuette v. Coalition to Defend Affirmative Action, this term’s high-profile affirmative action case. Justice Ginsburg joined Sotomayor’s spirited (58-page!) dissent. Justice Kennedy, writing for himself, the Chief, and Alito, concluded that the Constitution does not require the Court to strike down Michigan voters’ ban on race-based admissions policies in higher education. Scalia and Thomas concurred only in the judgment. Breyer separately concurred, based on a different rationale. Kagan was recused.
If the Supreme Court this week is any indicator, we often agree on little. Where we do, we sometimes find ourselves sharing the sheets with some strange bedfellows. A week of vociferous dissents and unexpected alliances suits seems strangely appropriate to me this week . . . .
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: