* With the Supreme Court talking about immigration today, let’s take a look at how all the SCOTUS justices got to America. [Reuters]
* In any event, except for Scalia, the Court looks like it’s going to find a reasonable way through the Arizona immigration mess. If you’re detained for something, cops can check your status, but they can’t just go out and ask people to show them their papers on the street. Scalia thinks, I don’t know, he sounds like he thinks we’re still living under the Articles of Confederation or something. [SCOTUSblog]
* You know, I think that in the end I don’t have a problem with LSAC raising fees to take the LSAT. I mean, the cost of law school is completely out of control, prospective law students have proven that they’ll pay any price for any thing. Remember I said this when I start charging $500,000 for “Elie’s Pre-Law Seminars,” which is just a DVD of me screaming at a ten-year-old for 30 minutes. [Balkinization]
* I don’t ever want to piss Alec Baldwin off. I’m serious. [Dealbreaker]
* I’m not sure these ways to stay sane in a “toxic” office would work in a toxic law office. Unless you add liquor. Alcohol lets you go toxic on them! [Forbes]
* I love that Rob Portman, the man who inspired a walk-out at Michigan Law’s Commencement, is thought to be a “safe” pick for Romney. But hey, this is the same party that thinks nominating a wealthier Bob Dole against a charismatic president who can keep it in his pants is going to work out for them. [Recess Appointments]
* Ann Romney doesn’t want to hear it, but there is a difference between working and working a paying job. [The Careerist]
* Should lawyers try journalism? I mean, sure. The job market in the industry is similarly crummy, and journalists make way less money than everyone except baristas and document reviewers. But it is a fun time, and it seems like most lawyers were journalism majors anyway. Go for it… [ Law and More]
* The Romney camp drops a bomb: Obama had a dog as a kid. Oh, wait. I misread that. Obama ate dog as a kid. Clearly, people who didn’t have the moral fortitude at six years old to reject the food their parents gave them are unfit to be president. [New York Post]
* Man, the presidential race is just at an apex of intellectualism today. Voters in Iowa just received a fundraising letter from Rick Santorum (who dropped out of the race, in case you just got out of prison), in which he wrote that Mitt Romney “truly frightens” him. Congratulations Rick, now you know how the rest of us felt about you. [ABC News]
* If you haven’t reserved your .xxx domain name yet, there is still time. They ain’t cheap, but I’m pretty sure ElieMystal.xxx is still available. Hell, who am I kidding. BikeDudeRomance.xxx probably is, too. [Law Technology News]
For Above the Law purposes, this means that there’s one less lawyer in the presidential contest. Senator Santorum graduated with honors from Penn State’s Dickinson School of Law in 1986, was admitted to the Pennsylvania bar, and practiced for several years at Kirkpatrick & Lockhart (now part of K&L Gates). He left full-time legal practice after being elected to the U.S. House of Representatives in 1990.
I must confess that I’m of two minds about Santorum leaving the race….
* All your base are belong to… Rick Santorum? Error! Malfunction! Super Tuesday was not quite as super as Mitt Romney was hoping for. Looks like it’s time to reprogram the Mitt-bot so he can conquer the true conservatives. [CNN]
* Complete pwnage: a handful of LulzSec hacktivists were arrested after their leader, an FBI informant, turned on them. How will this affect the Anonymous movement? More importantly, who cares? [New York Times]
* No postponements for you, Casey Anthony. Try as she might, the acquitted ex-MILF just can’t escape the defamation lawsuit filed by a woman who was only supposed to be make believe. [Washington Post]
* Remember Phillip Closius, the former dean of University of Baltimore Law, who said the university was raiding the law school’s funds? Yeah, he was totally right. Just guess what percent of the law school budget was going to the rest of the university. Starts with “A” and rhymes with “dot.” [National Law Journal]
* The humanity! Oklahoma’s worst fears have come true; American judges are enforcing Sharia Law! Whatever are we going to do? There is no solution in sight — except to maybe stop overreacting… [CNN]
* Mitt Bot won in both Arizona and Michigan last night. Can we send Santorum back to the 16th century yet? [Washington Post]
* Twenty-five suspected members of Anonymous were arrested across Europe and South America. They ain’t anonymous anymore. [New York Times]
Going to law school worked out great for this guy.
And now we come to the real reason I, and so many others, went to law school: I wanted to go into politics. Before I was married, before my father’s name recognition spiked, before I was in debt, before I realized I had no talent asking people for money, I thought elected office was in my future and a law degree was an important credential.
Don’t act like I’m the only one. For as long as anybody can remember, a training in law has been viewed as a good foundation for an eventual career in politics. Even if you never practice, it makes sense that a person who would make laws would have a fundamental understanding of how laws work. A law degree also suggests a certain respect for the rules, a useful quality for those who would be in charge of the rules. In the modern era, law has been the best “career” for would-be politicians to start out in, and historically only military service has been a more common way to elected office.
But maybe that’s all changing? Catherine Rampell of the New York Times has a great piece showing that while lawyers are still the dominant profession among our senators and congresspeople, there are fewer former lawyers running Washington than there have been for a generation.
So, you know, just add one more way in which law school isn’t as valuable as it used to be…
The ATL School and Firm Insiders Survey continues to roll along at a nice clip: we expect our 3,000th respondent any minute now. While we’re pleased with this response, of course we encourage all of you who haven’t yet to take 3-5 minutes and head over here to take our absolutely confidential survey. Thanks in advance.
Last week, we shared a few broad trends we’re seeing, and today, we’ll get a little more specific and name some names.
Among other things, the survey asks law students for their perceptions of a select group of firms as potential employers. In our analysis, we’ll look at which firms are considered the most (and least) attractive by law students. We’ll also consider how these perceptions jibe with what lawyers at these firms are telling us….
* Extra frothy: Santorum’s trifecta of wins in Minnesota, Colorado, and Missouri has made Mitt Romney angry. Because even a guy who wins nonbinding primaries can be dangerous to a man’s campaign. [New York Times]
* Joe Amendola claims that evidence is being withheld in his client’s case — evidence like the alleged victims’ phone numbers. Why does Sandusky need those? So he can call and breathe heavily into the phone? [Philadelpha Inquirer]
* Foxy Knoxy’s lawyer is appealing her slander conviction in Italy, claiming that the police “manipulated” her during questioning. You were already cleared of a murder charge, stop pushing your luck. [USA Today]
* It’s really too bad that Lindsay Lohan doesn’t employ Biglaw firms for all of her drama, because given what she’s spent on legal fees in recent years, those prized spring bonuses would assured. [Huffington Post]
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: