Money
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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
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… -
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?
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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* Former White House Counsel Kathryn Ruemmler has withdrawn from consideration as a nominee for Eric Holder’s job as AG.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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Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use. -
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? -
Biglaw, Boutique Law Firms, Duval & Stachenfeld, Midsize Firms / Regional Firms, Money, Partner Issues, Partner Profits, Real Estate, Small Law Firms
Reinventing The Law Business: Embracing Volatility For A Law Firm
Managing partner Bruce Stachenfeld offers 7 tips for how to run a law firm. -
Art, Lawyerly Lairs, Melvyn Weiss, Milberg Weiss, Money, Plaintiffs Firms, Real Estate
Lawyerly Lairs: From A Big House To The Big House And Back Again -- Mel Weiss's $19 Million Mansion
The former king of securities class actions, now out of federal prison, has put his massive mansion up for sale. -
Associate Salaries, Biglaw, Money, NALP, National Association for Law Placement (NALP), Quote of the Day
NY To $190K? Not So Fast, Because $160K Salaries Are No Longer The Norm
Stop trying to make $190,000 salaries for first-year Biglaw attorneys happen. It’s not going to happen. -
Courthouses, Fashion, Money, Pictures, Quote of the Day, State Judges
Court Shockingly Refuses To Accept Money From Defendants' Disgusting Underwear
What could have happened to necessitate these signs being posted?
Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
The Business Case For AI At Your Law Firm
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
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Law Schools, Money, Quote of the Day
This Guy Will Pay You Not To Go To Law School
He's trying to save prospective law students from their futures as debt-saddled, unemployed attorneys. -
Biglaw, Boutique Law Firms, Duval & Stachenfeld, Layoffs, Midsize Firms / Regional Firms, Money, Partner Issues, Partner Profits, Real Estate, Small Law Firms
Reinventing The Law Business: Beyond Profits Per Partner -- Embracing Volatility
Why are lawyers so afraid of volatility, and what are the advantages of overcoming that fear? -
Fabulosity, Money, Rankings
Meet The Richest Lawyers In America (2014)
Which lawyers made the Forbes 400 list this year? -
Biglaw, Celebrities, Law Schools, Midsize Firms / Regional Firms, Money, Morning Docket, Real Estate
Morning Docket: 10.01.14
* Weil Gotshal is tired of winnowing its workers, so this time around, the firm is relinquishing some of its real estate. The firm will have the same address as usual, but its space will be smaller — 20 percent smaller. [WSJ Law Blog]
* It’s not just leaders of Biglaw firms who are looking to downsize. Leaders of midsize firms are trying to do the same thing, but with their management responsibilities instead of their people. Charming. [Pittsburgh Post-Gazette]
* Lawyers are typically stereotyped by the uninformed as being some of the richest people in America. As luck would have it, some lawyers are the richest people in America. Which ones? We’ll have more on this later. [Am Law Daily]
* “If I could redo a year ago, I would still go. Just because I know that [law school] still opens doors.” We’ve got a correction: Silly 2L, Columbia Law — not law school in general — still opens doors. [USA Today]
* Tracy Morgan has spoken out for the first time since his tragic accident this summer, but only after Wal-Mart blamed him for getting hurt in the first place. It’s a rollback on pure class. [New York Daily News]
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Bad Ideas, Law Schools, Money, Small Law Firms, Solo Practitioners, Student Loans
Every Law School Mistake Ever, From One Lady
How the other half is ruined. -
Constitutional Law, Election Law, Jeffrey Rosen, Money, Politics, Quote of the Day, Ruth Bader Ginsburg, SCOTUS, Supreme Court
Justice Ruth Bader Ginsburg Thinks This Is The Worst Supreme Court Ruling
There's no truth without Ruth, and she pulled no punches in this interview. -
Biglaw, Money, Partner Issues, Partner Profits, Rankings
The Global 100 Rankings: Which Biglaw Firms Are The Richest In The World?
Hallelujah and rejoice, for there are new Biglaw rankings upon us.