Money
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Law Schools, Money, Student Loans
Good Grief: These Law School 'Debt Per Job' Numbers Are Ugly
For every job obtained by a graduate of these law schools, an extraordinary debt burden has been accrued. -
Biglaw, Money
alt.legal: Tackling The Green Elephant In The Room
One of the hardest things about leaving Biglaw is saying goodbye to that nice, hefty paycheck. - Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use. -
Associate Advice, Money
Quitting After A Partner Screams At You Won't Get You More Money
You can't quit your job just because a partner embarrassed you and expect to be paid for it.
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Associate Salaries, Biglaw, Job Searches, Money
Nationwide Pay Raise Watch: Philadelphia To $160K (This Time For Real)
Which top law firm is leading the march to $160,000 in Philly? -
Morning Docket
Morning Docket: 04.07.15
* Which Biglaw firm just raised its starting salary for associates? Will this be the beginning of a revolution? Don’t you wish your firm would follow this firm’s lead? We’ll have more on this exciting salary news later today. [Legal Intelligencer]
* “With the decline of lawyers and law students, we were looking for new avenues to attract students.” William Mitchell Law may say its hybrid J.D. program was for its students’ benefit, but it was really only to put asses in seats — even digital ones. [CNBC]
* It’s so hard to say goodbye to yesterday… when you’re a Biglaw partner trying to escape the terms of your contract by making a lateral move. Some firms are even holding capital contributions hostage to discourage partners from leaving. [Recorder via ABA Journal]
* Potential penalties for Supreme Court protesters seem to be getting stiffer. Perhaps federal prosecutors are pissed about 99Rise’s persistence, because this time, members of the social justice group are facing jail time for “haranguing” our justices. [Legal Times]
* According to the Administrative Office of the U.S. Courts, the U.S. District Court for the Southern District of Florida was the most productive federal trial court in the nation last year. When Flori-duh is kicking your ass, it’s time to reevalute your life. [WSJ Law Blog]
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Biglaw, Career Alternatives
A How-To Guide For Escaping Your Biglaw Job (Part I)
Escaping any job, especially one that you probably spent many years striving to get to, is not a linear process. It’s a journey. -
Money, Paul Clement, Small Law Firms
Federal Judge Says Paul Clement Isn't Special Enough To Command Insane Hourly Rates
How much was this superstar attorney trying to charge his client? -
Associate Salaries, Biglaw, Bonuses, Money
Associate Bonus Watch: Mixed Feelings -- Plus Changes To Base Salaries -- At McDermott Will & Emery
So what adjustments did the firm make to its base salary scale? - Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get… -
Biglaw, Bonuses, Money
Associate Bonus Watch: Coveting Your Neighbor's Bonus
Bonus news being announced this late can't be good, right? -
Biglaw, Bonuses, Money
Associate Bonus Watch: Furious Associates At A Major Law Firm
Will the firm do anything about it? That's not so clear. -
Money, Small Law Firms, Solo Practitioners
Are You A Suckcessful Lawyer?
How do you project wealth when you don't have it? By becoming a "suckcessful" lawyer, explains columnist Shannon Achimalbe. -
Biglaw, Bonuses, Money
Staff Bonus Watch: Open Thread (Kicked Off By Orrick And Vinson & Elkins)
One firm is paying $500; another firm is paying $1,000 (or more). What's your firm doing? -
Biglaw, Bonuses, Money, Sheppard Mullin
Associate Bonus Watch: Which Firm Just Issued Supplemental Bonuses?
Is bonus "season" becoming a year-round phenomenon? Check out how this firm just sweetened the pot.
Sponsored
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
Legal AI: 3 Steps Law Firms Should Take Now
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
Sponsored
The Business Case For AI At Your Law Firm
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
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Law Professors, Money
Law Professors Make Bank While Their Students Drown In Debt
How much money does YOUR law professor make? -
Law Schools, Student Loans
The Top 10 Law Schools With The Most Heavily Indebted Graduates
Which law school graduates have the most debt of all? U.S. News has a ranking for that! -
Morning Docket
Morning Docket: 03.17.15
* A ballsy decision dripping with prestige? It seems that a few too many students at Yale Law School requested access to their student admissions evaluation records under FERPA, so instead of handing them over, Yale deleted them. [New Republic]
* Here’s some good news for women attorneys visiting clients in Massachusetts jails: you’ll no longer be forced to lift up your shirt and shake out your bra if your underwire makes the metal detector go off. Instead, you’ll get
felt upa pat down. [Boston Globe]* According to early data culled for the Am Law 100 rankings, from revenue to profits per partner to revenue per lawyer, Winston & Strawn posted record financial results in 2014. Perhaps the days of no-offers and layoffs are long gone for this firm. [Am Law Daily]
* Just because more people took the LSAT in February, it doesn’t mean that the law school crisis is over. It does, however, mean that law school administrators may soon be wishcasting the year-over-year growth of their first-year classes. [National Law Journal]
* Rahul Gupta, the graduate student who used the tried and true “my girlfriend did it” defense during his trial for the fatal stabbing of a Georgetown Law student, was convicted on first-degree murder charges yesterday. He’ll be sentenced on April 16. [WJLA]
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Morning Docket
Morning Docket: 03.16.15
* Last week in court, a murder suspect in Louisiana apparently pooped his pants during a case status hearing, wiped said poop all over his face, and muttered to himself that “life is like a box of chocolates.” Sorry about that crappy candy, dude. [New Orleans Advocate]
* According to early Am Law 100 data, New York’s most elite and prestigious firms have once again broken away from the rest of the pack when it comes to both revenue and partner profits. Biglaw’s best may be back to models and bottles. [Am Law Daily]
* Michelle Lee, the first woman to ever serve as director of the USPTO, was sworn in on stage at SXSW Interactive. Michelle Lee, who worked with the Girl Scouts to issue a patent patch (instead of more makeup and sewing patches), is pretty damn awesome. [Mashable]
* The federal judiciary has plans to decrease the word limit of appellate briefs from 14,000 to 12,500, and lawyers are pissed. Lawyers from Brown Rudnick say it could result in more acronyms, confusing construction, and less “punctilious citation,” oh my! [WSJ Law Blog]
* Lee Smolen, the ex-Sidley Austin partner who faked $69,000 in travel expenses while at the firm (and possibly $379K more), has been suspended from practice for one year and will have to undergo psychiatric treatment. [Legal Profession Blog via ABA Journal]
* Taking New York’s lead, California is considering requiring all would-be attorneys in the state to complete 50 hours of pro bono work within one year of being admitted. Leave it to people who don’t know what they’re doing yet to close the justice gap. [Los Angeles Times]
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Job Searches, Law Schools, Rankings, Student Loans
The Most And Least 'Creditworthy' Law Schools
What if law schools were assigned “credit ratings” like the ones that are given to corporations? -
Biglaw, Bonuses, Money
Associate Bonus Watch: Mayer Brown (Non-New York)
Here's the memo from managing partner Ken Geller. -
Law Schools, Student Loans
Which Law School Has The Highest Tuition In The Country?
With sky-high tuition prices like this, it's no wonder law school has become a game of loans.