* Justice Sonia Sotomayor just ruined Hobby Lobby’s new year by refusing to block the Affordable Care Act’s contraceptives mandate. All of the members of the company’s legal team will have to scrapbook and crochet for hours to get over this loss. [Reuters]
* Harvard Law graduate Barack Obama is being feted as CNN’s “Most Intriguing Person of 2012,” but he’s currently trailing in fourth place in the most important year-end poll of all: Above the Law’s Lawyer of the Year competition. Get out there and vote! [CNN]
* Federal district court judges aren’t being confirmed as quickly as they once were, and it’s partly because our president isn’t submitting nominees as quickly as those who came before him. [WSJ Law Blog (sub. req.)]
* But even if the president nominated judges more quickly, he’d continue to face harsh opposition from the NRA, which matters because the gun group has an entire party in its pocket. [Opinionator / New York Times]
* A legal problem and a journalism problem wrapped up in a little pretty bow: David Gregory of NBC’s “Meet the Press” is being investigated for displaying an alleged 30-round magazine on the air. [Washington Post]
* One of New York’s most prestigious private schools agreed to settle the sex abuse suit brought against it by former students. Simpson Thacher partner Phil Culhane must be doing a victory dance. [New York Daily News]
* You got a fast car, and now this case will pay all our bills. Toyota settled a class action suit over unintended acceleration, and it’s touted as one of the largest product-liability settlements in history. [New York Times]
* Ay dios mio! You know that you’re never going to enjoy another vacation when you catch a hotel employee spreading his seed all over your clothes. But what did you expect? It’s Mexico. [Courthouse News Service]
This week brought unfortunate news for an unambiguously gay duo. A former employee of Vanderbilt Law and his boyfriend pleaded guilty to stealing more than $500,000 from the law school — as well as to charges of aggravated statutory rape. Both men then got hit with some pretty heavy sentences.
How much time are they getting? How did they perpetrate their fraudulent scheme? And what did they blow the money on?
Keep reading for more details of their crimes, some color commentary from local correspondents, and photographs of some beautiful youths who used to hang out with the defendants….
* In America, lawyers are pissing off state bar associations by offering their services on Groupon. En México, no es un problema. There, you can buy gift cards for the gift that keeps on giving… divorce! [Huffington Post]
* Dewey need to take a look at the Biglaw industry in general before more firms implode? Hell yes, says an author who’s written on the economics and management of law firms. [DealBook / New York Times]
* Wal-Mart was served with its first shareholder suit over its alleged bribery scandal, because the only thing on rollback this week is the price of the company’s stock shares. [Reuters]
* Does diplomatic immunity give you a free pass for getting handsy with the maid? Guess we’ll see next week, when a judge rules on DSK’s motion to dismiss his civil suit. [New York Daily News]
* As long as you’ve got money, the TSA will totally look the other way if you’ve got suitcases filled with drugs. Vibrators, on the other hand, are simply out of the question. [Bloomberg]
* As of yesterday, Connecticut became the seventeenth state to kill the death penalty. But not so fast, death row inmates. You still get to die. Isn’t that nice? [CNN]
* Franchise agreements be damned, because even judges can understand that sometimes, you just need to eat a delicious sandwich while you’re getting a lap dance. [KTVN]
* Vedel Browne has been charged in the machete robbery of Supreme Court Justice Stephen Breyer. He faces up to 20 years if convicted, and with that sentence, we’re betting he wishes he got away with more than $1,000. [CNN]
* ¡Viva México! These days, Mexico’s got more than just drug cartels, violence, and prison riots. More and more U.S. and international law firms (like DLA Piper) are crossing the border to set up shop. [Wall Street Journal]
* Jury selection in the Tyler Clementi case is under way. Dharun Ravi, the Rutgers student who allegedly spied on his roommate, faces up to ten years in prison. Should’ve taken the plea bargain, bro. [New York Post]
* Katherine Darmer, a Chapman University law professor, passed away after falling from a building last week. Her death is now being probed as a possible suicide. Rest in peace, professor. [Los Angeles Times]
DLA Piper scouts locations for its Mexico City job fair.
Some major law firms might be closing offices, but others are in expansion mode. For example, Sidley Austin is opening a Houston office, with partners snagged from several other big players in town. And that’s not the only expansion taking place in the southwest.
This led me to joke about a fictitious DLA Guadalajara office.
Evidently, my imagination failed me. It’s not “clear parody” if it’s something that could possibly happen. Next time we joke about a DLA expansion, we need to go to straight fiction. We need to start making DLA Mustafar jokes. Because expanding to Mexico just got real….
Lawyers, have you been looking for a unique way to do some self-branding? Of course, we don’t mean that you should literally brand yourself, but this Mexican lawyer did just that. She turned herself into a walking piece of art, and is now known as the “Vampire Woman” by her colleagues in the tattoo and body modification industry.
We know what you must be thinking: “Aren’t female vampires supposed to be sexy?” That might be the case on True Blood, but we’re not so sure about this girl. They say that beauty is in the eye of the beholder, but the Vampire Woman’s look makes us wonder whether she’s capable of keeping clients from running out of her office screaming. Don’t believe us? See for yourself….
* Next on the gay rights news beat, after waiting around for 18 months, WilmerHale attorney Edward DuMont has refused to be the last belle at the ball. He’s asked Obama to withdraw his Federal Circuit nomination. [ThinkProgress]
* “Be careful of what you do, ’cause the lie becomes the truth.” Sound familiar? Conrad Murray says the King of Pop deceived him. Oh, boo hoo. Come on, MJ warned you about this stuff via song lyrics back in the eighties. [CNN]
* When a lawyer’s wife allegedly hires you to kill her husband, the easy way out isn’t to burn down his law firm. You kind of need to make sure that he’s in there first. [KBZK]
* Same-sex couples in New Jersey will get the chance to challenge the state’s civil union law. Here’s hoping that my home state gets with the program and allows gay marriage like our New York neighbors. [Star-Ledger]
* “Lawsuit-crazed groomzilla” Todd Remis isn’t happy with the media’s coverage of his wedding woes. We’re “turning this into a circus,” he says. Uh, you did that yourself, buddy. [Huffington Post]
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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