* In a “historic day for our judiciary,” the Senate confirmed the first openly gay black male judge, and the 112th female federal judge appointed by Obama — more than any other president. Congrats! [AP]
* “It looks like science fiction, but it’s real.” That’s probably what the good folks at Amazon are going to say after they take a look at Akin Gump’s bill for its drone delivery lobbying efforts. [Legal Times]
* A 90-year-old judge removed himself from Michael Jordan’s big-money case against a grocery store chain, but dropped the gavel on the basketball star’s lawyers before leaving the bench. [Chicago Tribune]
* This Ohio attorney was suspended after he sent some pretty dirty text messages to a 3L who was working in his office. He just wanted assistance on his pro boner representation. [National Law Journal]
* Give this man some money: Jonathan Fleming, the New York man who was wrongly imprisoned for almost 25 years for a murder he didn’t commit, has filed a $162 million lawsuit against the city. [Reuters]
Another day, another paternity suit for a basketball legend, and this time, it’s some regular old baby mama drama (not this delusional “LeBromination” business). Apparently Michael Jordan is the latest NBA star to fall prey to a scandalous request for a paternity test. Of course, this is nothing new for His Airness — he’s had to deal with several such allegations from women claiming they dribbled his balls.
But in this iteration of what would likely be the most-watched Maury Povich episode of all time, thanks to the wonders of the internet, we’ve got a teenager with a video message plea for more Twitter followers, and also for his alleged father to take a more active role in his life….
“There’s winners and there’s nothing else. I don’t give a sh*t what those pinkos over in Russia say. You want to be a loser you go live in Russia. I’m not a loser. I’m a winner. I’m an American. Who wants to be John Wayne? Who wants to grab a root and hang on? Who wants to get a mean on? Get a mean on son.”– Coach Hisler, Johnny Be Good.
All I could think about last Saturday, while Johnny Manziel was breaking down Alabama’s vaunted defense, was Johnny Be Good. It’s one of the worst movies of all time, and it starred the assistant principal from Breakfast Club as a football coach, the nerd from Breakfast Club as some kind of great football player, and Robert Downey Jr., who wasn’t even in Breakfast Club. The soundtrack had the eponymous Chuck Berry song redone by Judas Priest, and also included a track from Ted Nugent. There are cameos by Jim McMahon and Howard Cosell, and the whole enterprise comes off as an indictment of the 1980s as one wildly implausible football scene piggybacks on another. To be strained would be a slap on the wrist for credulity in some of these scenes. I mean, this film is a trainwreck in every meaningful way.
Sports and Presidential politics have a long and storied history of entanglement. Everyone knows that President Obama is a White Sox fan who has dutifully filled out March Madness brackets and agitated for a college football playoff. Likewise, Mitt Romney is said by some melodramatic fans of figure skating to have saved the 2002 Winter Olympics.
Lesser known amongst political nerds is that William Howard Taft, along with being our 27th President and also serving as Chief Justice of the Supreme Court, was the original starting center for the Harlem Globetrotters. The original Round Mound of Rebound, Taft was said to have installed a basketball court in the White House commissary. Late at night, when the Mrs. was fast asleep, Taft could be heard working on his lethal hook shot and pounding large boxes of chocolate donuts downstairs on the newly installed court.
Among his more famous quips, Taft is said to have uttered, during an oral argument at the Supreme Court, “I’m the Michael Jordan of law! Who wants to sex Mutombo?”
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: