* The Wisconsin Senate passed sweeping curbs on collective bargaining yesterday. The protesters are still howling, but I wonder how loud they’ll be when Pinkertons shove batons in their faces. That’s not actually happening. I just have a fairly violent and anachronistic imagination. [Reuters]
* House Republicans have gone meta in promising a defense of the Defense of Marriage Act. [Los Angeles Times]
* State Senator Carl Kruger, of Brooklyn, will turn himself in on corruption charges today. Big up to Crooklyn. [New York Times]
* Coach Sweater Vest’s hilarious understanding of attorney-client privilege is hilarious. [The Lantern]
* Profits per partner at Kirkland & Ellis topped $3 million in 2010, and the firm boosted its revenue even though it shed some lawyers. I Can Has Spring Bonus? [Am Law Daily]
Mel Gibson. (In background is his career going up in flames.)
Sorry, Braveheart fans. You can no longer name this movie as your favorite of all time without making women around you shudder in disgust — thanks to the off-screen actions of the film’s barbaric leading man.
Mel Gibson used to be a perfect man crush: squeaky clean Hollywood blockbusting-star, with a big family and serious passion. But now his major hits tend to be for gossip websites reporting on his misdeeds, first with his anti-Semitic rant while being arrested for drunken driving in 2006 (later expunged from his record), then with the end of his 28-year marriage amid accusations of adultery, and now with the alleged battery of and abusive phone calls to his current Russian-musician girlfriend/baby mama.
Gibson usually plays an affable and inspiring good guy in films. But in real-life phone calls to his girlfriend — check out recordings #1 and #2 (with added death threats and heavy panting!) — it sounds like he’s auditioning for a horror movie, using his mouth as a lethal weapon. Here’s a censored version of one of the calls (so you can listen with your kids), from the AP:
Gibson’s girlfriend, Oksana Grigorieva, taped the calls after Gibson allegedly punched her in the face and broke a few teeth — all while she was holding their love child. California is a two-party consent state when it comes to taping conversations, with $2,500 fines and jail time for those that break the wiretapping law.
Could Grigorieva get in trouble for recording Mad Mel?
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: email@example.com.
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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