Money
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Litigators, Money, Sponsored Content
How Litigation Financiers Value A Claim
How do litigation financiers value a claim? There are four steps. -
Associate Advice, Biglaw, Billable Hours, Bonuses, Money
Which Biglaw Firm Just Got Rid Of Billable Hours?
What will replace the billable-hour requirement at this large law firm? - Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use. -
Antonin Scalia, Biglaw, FCC, Gender, Law Firm Mergers, Law Schools, LSAT, Money, Morning Docket, SCOTUS, Supreme Court, Technology, Texas, Women's Issues
Morning Docket: 11.12.14
* With all this net neutrality talk, one of the biggest fans of the cause is Justice Antonin Scalia. He may not be tech-savvy, but he may yet save the internet. [National Law Journal]
* And the partners rejoiced? Bingham McCutchen approved a Morgan Lewis merger, and now the firm waits for its valiant rescuer to ride in upon its trusty steed. [WSJ Law Blog]
* A new study says the way to close the law school gender gap is to adopt gradeless grading policies similar to those of top law schools. Honors for everyone, yay! [Stanford News]
* LSAT prep company Test Masters Educational Services Inc. — not to be confused with TestMasters — must pay about $927K in legal fees, because as it turns out, some people were confused. [Legal Times]
* A Texas state representative submitted a bill calling for a new law school in the Rio Grande Valley because there aren’t enough lawyers there. Unemployed lawyers, you know what to do. [Action 4 News]
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Litigators, Money, Sponsored Content
Lake Whillans Litigation Finance: How To Secure Financing For A Commercial Claim
What does the process of securing litigation finance look like? -
Biglaw, Conferences / Symposia, In-House Counsel, Money, Partner Issues, Partner Profits
How Did Biglaw Do In The Third Quarter Of 2014?
Some firms should be happy, but others should be worried. -
Biglaw, Bonuses, Clerkships, Fabulosity, Money, Supreme Court, Supreme Court Clerks
Which Law Firm Won The SCOTUS Clerk Sweepstakes (Again)?
Is this collection of top talent worth more than $2 million in signing bonuses? -
Bar Exams, Money
This Bar Exam Failure Needs Your Help
Would you broadcast your bar exam failure to the world in order to get your bar costs covered? -
Litigators, Money, Sponsored Content
Litigation Finance: Transaction Structures
Shedding some light on a few frequently asked questions about the structure of litigation finance deals. - Sponsored
Are Small Firms Going Big On Legal Tech?
Please help us benchmark your firm against your peers through this (always) brief and anonymous survey and enter for a chance to win a $250… -
Law Schools, Money, Quote of the Day, Small Law Firms, Solo Practitioners, Student Loans, Unemployment
The Incredibly Harsh Stigma Of Law School Debt
What's been the worst part of having to grapple with unemployment and pay off student loans? -
Banking Law, Gay, Job Searches, Law Schools, Money, Morning Docket, Rankings
Morning Docket: 11.03.14
* Two women will be making their oral argument debuts before the Supreme Court this week. One of them will be arguing two cases in the span of a month, which is absolutely insane. [National Law Journal]
* Big banks are putting aside big money for legal costs: Citi squirreled away an extra $600 million, RBS is ready to hand over $600 million, and Barclays has $800 million on tap. [DealBook / New York Times]
* In preparation for the prestige frenzy come March 2015, law schools will have about three weeks to complete their survey information for the annual U.S. News law school rankings. [Morse Code / U.S. News]
* The controversial, anti-gay Trinity Western University Law School may not be able to open after all. The B.C. Law Society just voted to overturn its prior approval of the school’s accreditation. [CBC News]
* It seems the United States isn’t the only place where recent law school graduates are struggling to find jobs. In Japan, newly licensed lawyers can’t find work either. Saitei, my friends, saitei. 🙁 [Japan Times]
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Bankruptcy, Biglaw, Crime, Dewey & LeBoeuf, Law School Deans, Law Schools, Money, Morning Docket, Partner Issues, Sentencing Law, Trials
Morning Docket: 10.31.14
* Many lawyers may think that Biglaw is in recovery what with its record gross revenues and profits, but if you adjust the numbers for inflation, the overall picture looks pretty grim. Reality certainly does bite, folks. [American Lawyer]
* Please pay up and shut up: Alas, seven partners who sought to dismiss the clawback suits filed against them by failed firm Dewey & LeBoeuf’s bankruptcy liquidation trustee were denied in court this week. [WSJ Law Blog]
* Thomas Jefferson School of Law restructured its debt to avoid default, and now its dean has announced he doesn’t think the school’s enrollment will ever return to its former glory. Aww. [National Law Journal]
* Warren Gladders, the WUSTL Law grad turned bank robber, received 45 years in jail for his getaway shootout with the cops. It’ll run consecutively with his 24-year robbery sentence. [St. Louis Post Dispatch]
* The judge overseeing the Jodi Arias sentencing retrial made the unusual decision to bar the public from watching the testimony of the defense’s first witness. We’re now awaiting Nancy Grace’s anuerysm. [AP]
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Biglaw, Boutique Law Firms, Duval & Stachenfeld, Midsize Firms / Regional Firms, Money, Partner Issues, Partner Profits, Real Estate, Small Law Firms
Reinventing The Law Business: Making Partner -- Doing The Math
Why are large law firms so stingy when it comes to making new partners? -
Job Searches, Law Schools, Money, Student Loans
Graduate Of Elite Law School Forced To Live Off Welfare Due To Terrible State Of Job Market
Which law school left this woman penniless and destitute?
Sponsored
How AI Is The Catalyst For Reshaping Every Aspect Of Legal Work
Profit Powerhouse: Elevating Law Firm Financial Performance
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
Sponsored
Are Small Firms Going Big On Legal Tech?
Document Automation For Law Firms: The Definitive Guide
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Money, Small Law Firms, Solo Practitioners
Squeezing The Middle Class For Legal Fees Is Like Trying to Get Blood From A Turnip
What does the shrinking of the middle class mean for small-firm and solo lawyers? -
Law Schools, Money, Student Loans
Student Loan Calculator Is Brutally Honest About Law School
Recently, The Washington Post published a student loan calculator to assist students out there in figuring out exactly how much they will suffer for their education. And the answer for lawyers is "much more than they can afford." -
Biglaw, Career Alternatives, Clarence Thomas, Department of Justice, Eric Holder, Gay, Gay Marriage, Gender, Law Schools, Money, Morning Docket, SCOTUS, Supreme Court, Women's Issues
Morning Docket: 10.27.14
* “I think we have to be concerned that almost all of us are from two law schools.” Justice Clarence Thomas thinks that the Supreme Court bench ought to be more diverse. [New York Times]
* The DoJ expanded its recognition of gay marriage by adding six states to its roster of those newly entitled to federal benefits — now more than half the country. Yay! [Bloomberg]
* Former White House Counsel Kathryn Ruemmler has withdrawn from consideration as a nominee for Eric Holder’s job as AG. She and her shoe collection will remain at Latham. [WSJ Law Blog]
* [I]t’s profound that we have not made much progress on that front in the legal profession.” There’s still an income gap between men and women in the law, and it gets worse over time. 🙁 [National Law Journal]
* Come sail away, come sail away, come parasail away with me. This former Biglaw associate found that life slaving away at a law firm wasn’t her paradise, so she decided to move to the beach. [Am Law Daily]
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Education / Schools, Minority Issues, Money, Politics, Public Interest
A High-Dollar Koch Habit: Should Defense Lawyers Accept Money From The Koch Brothers?
Why can't more organizations place the needs of the people they serve over partisan stubbornness? -
Cars, Contracts, Guns / Firearms, Insider Trading, Law Schools, Money, Morning Docket, Police
Morning Docket: 10.24.14
* Thanks to this Government Accountability Office ruling, the company that cleared NSA leaker Edward Snowden and Navy Yard shooter Aaron Alexis may lose a $210M contract. [Legal Times]
* After being acquitted on insider trading charges, Rengan Rajaratnam agreed to settle the civil suit filed against him for a cool $840K. At least he’s not in jail like his brother. [DealBook / New York Times]
* Those interested in going to law school may want to know that Philadelphia is purportedly home to some of the cheapest law schools in the country — not Penn Law, though, sorry ’bout that. [Main Street]
* Professors at WUSTL Law held a “teach-in” to discuss the Michael Brown police shooting case. According to them, the likelihood Darren Wilson will be federally charged is “slim to none.” [Student Life]
* Attack of the aggrieved ex: a man drove a burning pickup truck loaded with explosives into a law firm, destroying much of the building. He had apparently dated one of the firm’s former clients. [Virginian-Pilot]
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Bankruptcy, Biglaw, Books, Crime, Football, Kids, Law Schools, Libraries / Librarians, Money, Morning Docket, State Judges, State Judges Are Clowns
Morning Docket: 10.23.14
* Everyone knows Bingham McCutchen is considering a merger with Morgan Lewis, but not many know bankruptcy may be an option. It’s a remote option, but still an option. [Boston Globe]
* When Kaye Scholer moved offices, it left behind most of its library. “It tells you everything you need to know about law firm libraries”: they’re not necessary. [New York Times]
* Everyone loves the Sixth Amendment: Thanks to money from Koch Industries, the National Association of Criminal Defense Lawyers will offer better indigent defense training. [WSJ Law Blog]
* The judge in Adrian Peterson’s case won’t be replaced, despite the fact that he called the lawyers involved in the case “media whores.” Meh, Peterson’s attorney says he’s been called worse. [Bloomberg]
* Gilberto Valle, better known as the “Cannibal Cop,” really wants to go to law school. He’s apparently scored quite well on LSAT practice tests. Do law school ladies look delicious or what? [New York Post]
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Law Schools, Money, Rankings
The Best Law Schools For Making Money (2014-2015)
Was your law school one of the 55 institutions to make the list?