* I’m not sure why Romney won’t just say that he lied to the SEC about when he left Bain. Lying to the SEC is just good business. Lying to the American people is something that politicians are only supposed to do for sex. [Wonkblog / Washington Post]
* Character and fitness can be a surprisingly tough hurdle, so I’ve been told. [The Toronto Star]
* Here are the top law faculties by scholarship. I’d bet this list and the list for top law faculties by salary are pretty similar. [Brian Leiter's Law School Reports]
* “I think this is destined to fail.” People are not happy with the proposed settlement plan for former Dewey partners, but who are they kidding? These people don’t exactly like to part with money — not even to hand out bonuses. [Am Law Daily (sub. req.)]
* Andrew Levander, a partner at Dechert LLP, is representing ex-Barclays chief executive Bob Diamond. Diamond hasn’t been charged with anything, but this white-collar defense lawyer’s apparently been on his side since 2010. [WSJ Law Blog]
* Money talks: lawyers and law firms are the top donors by industry to presidential campaign funds, with Kirkland & Ellis leading for Romney, and DLA Piper for Obama. [Capital Business Blog / Washington Post]
* Escándalo! Louis Freeh’s report revealed that PSU’s “seriously deficient” counsel billed a whopping 2.9 hours on an incident involving Jerry Sandusky’s locker room shower with a young boy. [Centre Daily Times]
* But here’s where the football chatter comes in (not that I know a lot about football): legal experts say Freeh threw an “incomplete” with this report, because it didn’t go far back enough in time. [New York Daily News]
* Sorry, lady, but you didn’t need to attend a Justin Bieber concert for his music to allegedly cause permanent damage to your ears to the tune of $9M. All you really needed to do was turn on the radio. [Chicago Tribune]
* Today’s court session is business as usual for SCOTUS, because the justices always seem to save the “best” for last. And now I’ll have that stupid Vanessa Williams song stuck in my head all day. Sorry if I got it stuck in yours, too. [National Law Journal (reg. req.)]
* Meanwhile, over at the White House, the air was thick with the sound of silence on the eve of the Supreme Court’s ruling on the Affordable Care Act. More than willing to bet that President Obama probably didn’t sleep too well last night. [Los Angeles Times]
* “If she dies and Romney wins, the Supreme Court will be the most conservative in history.” Oh, please. Stop giving Ruth Bader Ginsburg flak for being too old, and learn to respect your elders — she’ll quit (or she’ll croak) when she damn well feels like it. [New York Times]
* Peter Madoff will plead guilty to two federal charges at the end of the week. He’ll probably serve ten years in prison. In the long run, that’s nothing compared to big brother Bernie’s 150-year sentence. [Bloomberg]
* Reason #11ty-billion why we <3 Flori-duh: a judge rejected the DOJ's request to block Florida's voter purge, and Governor Rick Scott, of course, was pleased as punch, calling it a "common-sense decision." [POLITICO]
* Megaupload wins again: a New Zealand court ruled that the search warrants used to raid Kim Dotcom’s mansion were illegal because they failed to “adequately describe the offenses to which they related.” [Reuters]
* Loan debt will allegedly make you do some pretty crazy sh*t. Jason Bohn, the law school grad featured in an NYT article about the perils of law school, now stands accused of murdering his girlfriend. [New York Post]
* The ABA Journal wants to know if you think your law school’s name and reputation affected your career path. Well, the first comment on my first post was “the what what school of where now,” so you tell me. [ABA Journal]
It's their world and we're all just playing in it.
* This is a great article on why the Supreme Court doesn’t leak, while more important institutions, like our national security apparatus, leak like a freaking sieve. [New Republic]
* Most law professors think the Affordable Care Act is constitutional. Most law professors think the Supreme Court will overturn the ACA anyway. ARE YOU NOT ENTERTAINED? [Bloomberg]
* And now for some SCOTUS thoughts from the amazingly amorphous Mitt Romney. Look at his works in equivocation, ye mighty, and despair. [Washington Post]
* You know, I don’t know how they afford this stuff, but having an inalienable right to “paid vacation” really feels like the kind of European invention we should be emulating. Good ideas can come from anywhere, folks. [Legal Blog Watch]
* Letting students sit for the bar exam after their second year but then making them come back to school for an even more obviously useless third year is a great way to make somebody have a total mental dissociative break. Just imagine calculating how much money you’re being forced to waste while you sit there in a 3L seminar called “Law and Ceramics.” [Faculty Lounge]
* Oh, I like this. The little Democrat in me can’t help but like this: a “global” financial transaction tax. Mmm… there’s nothing like the smell of global redistributive fairness. [Overlawyered]
* Jonathan Turley seems hurt that Ann Althouse and other conservative academics acted in a way that shows “we have lost the tradition of civil discourse in this country.” Yeah, umm, Professor Turley, perhaps you didn’t read the footnotes, but here on the internet we don’t have a tradition of civil discourse. We do have a tradition of ad hominem attacks, hyperbole, and pictures of cats. [Jonathan Turley]
* Hyper-competitive weekend warrior kills himself racing down a mountain path and his family is suing the internet start-up that makes an app that allows you to track your time against other users. Is anybody making an app to track really stupid lawsuits filed by bereaved family members who receive terrible legal advice during times of crisis? [Not-So Private Parts / Forbes]
* The Fast and the Furious Legal Edition: Executive of Privilege. [WSJ Law Blog]
* Bringing the billable hour to social media seems likely to make me cry. [Legal Cheek]
* Some say we need judges, not doormats, but I say we need our doormats to be more judgmental. [The Atlantic]
* I wonder if the voters will like how Romney surrogate Donald Trump is now threatening beauty pageant contestants. [Dealbreaker]
* Sure, the headline seems crazy: “mother arrested for cheering too loudly at high school graduation.” But honestly, some parents need to shut the hell up. There are lots of kids graduating. Your child can figure out that you are proud of her achievement without you ruining the experience for everybody. [MSNBC]
* This article on ten things law schools won’t tell you should be titled, “100 things Above the Law has told you over and over again but you won’t listen to because you refuse to learn.” Though, in fairness, that is a bit long for a title. [Smart Money]
* D-Day. You know, the reason why the Queen’s Diamond Jubilee wasn’t celebrated as a government in exile. [What About Clients?]
* Scott Walker, the not-exactly-beloved governor of Wisconsin who cut collective bargaining rights for most public workers, is still popular enough to survive a state recall election. In related news, the nation’s Republicans wish to report that, yes, they feel great this morning. [New York Times]
* Someone hacked Mitt Romney’s email. Gawker published a massive expose didn’t even peek at the emails and informed the Romney camp straightaway. Wait, really? [Gawker]
* The New York City Bar Association says it’s okay to do online research about prospective jurors, as long as the jurors don’t know about it. So, basically, that means you can’t friend the cute redhead on Facebook, even as part of your “research” for the case. [Thomson Reuters News & Insight]
* Who knew that the Barnes & Noble children’s section is apparently a pedo hangout? [The Consumerist]
* An employee in the Texas State Attorney General’s office was convicted of abusing her position to commit identity theft. And it was fun, fun, fun, until she was sentenced to two-and-a-half years in the slammer. [Courthouse News Service]
* Dewey know how deep in the red D&L’s international operations were? Enough to make you shout bloody hell and sacré bleu: the U.K. and Paris offices had liabilities of at least $175M. [Financial Times (reg. req.)]
* “To the extent that we the estate have claims, we would like to settle those claims sooner rather than later.” The joke’s on you if you thought you’d be able to keep your Dewey defector money. [Wall Street Journal (sub. req.)]
* According to the allegations in former Cravath associate Ellen Pao’s sex discrimination suit against venture capital firm Kleiner Perkins, the “Mad Men” culture seems to be alive and well in Silicon Valley. [New York Times]
* Who will be the first to puff, puff, pass the vote — Obama or Romney? It looks like the path to the White House in Election 2012 might depend upon the legalization of marijuana in key states like Colorado. [Reuters]
* Apparently you can’t take the “duh” out of “Flori-duh” when it comes to voting laws without a fight in the courts. A federal judge has blocked portions of the Sunshine State’s “onerous” voter registration law. [Bloomberg]
* “People want to go to our school, and why should we say no?” Because they can’t get jobs? Northwestern Law is considering shrinking its class sizes; John Marshall Law, not so much. [Crain's Chicago Business]
* Stop crying about coming in second in the U.S. News rankings, Harvard, because you can still brag about beating Yale in having the most-cited law review articles of all time… for now. [National Law Journal (reg. req.)]
* Gloria Allred is representing one of the Miami “zombie’s” girlfriends for reasons unknown. Maybe the zombie apocalypse is truly upon is and she saw an opportunity to stand up for undead women’s rights. [CBS Miami]
* Man, the economy is so bad, monks are having to go to court to fight for a new revenue stream. [WSJ Law Blog]
* We have peace between a Texas auction house and the President of Mongolia over the ownership of a Tyrannosaur skeleton. While we’re here, should anybody wish to invite me to a pre-screening of their inventive dinosaur park, I’d like to note that I’m not the type of bloodsucking lawyer who leaves children behind. [Heritage Foundation]
* Did you know Sullivan & Cromwell got involved in the birther controversy? The first one, the legitimate one with Mitt Romney’s father. Not the ridiculous one that Romney’s been embracing. [Reuters]
* Speaking of Mittens, did you know he supports for-profit colleges? That’s like supporting people jumping off the Empire State Building, so long as they pay to get in. [Salon]
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
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.
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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: