Money
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Lawyerly Lairs, Money, Real Estate
5 Lessons I Learned From Buying A House In Westchester While Poor
I bought a house; learn from my errors. -
Education / Schools, Federal Government, Money, Politics, Quote of the Day, Student Loans
Law Professor Decides It's Time To Stop Ripping Students Off
President Obama offers a no-brainer. - Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so… -
Law Schools, Money, Rankings, Student Loans, U.S. News
10 Law Schools Where Starting Salaries Outweigh Debt
Are these the law schools that'll give you the best headstart in life?
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Airplanes / Aviation, Federal Circuit, Federal Judges, Free Speech, Law Schools, Morning Docket, Police
Morning Docket: 06.06.14
* Federal judges frequently fly across the globe on other people’s dime for conferences and symposia, but 2012′s most frequent flyer is a judge who was recently embroiled in an ethics scandal: Randall Rader of the Federal Circuit. [National Law Journal]
* Even though she claims nothing is “fundamentally broken,” Securities and Exchange Commission chairwoman Mary Jo White proposed “sweeping” new stock market regulations in an attempt to get with the times. [DealBook / New York Times]
* U. of Maine wants to combine its business and law schools, but professors are concerned about pressing questions like, “What will the diploma say?” rather than, “Do I get to keep my job?” [Portland Press Herald]
* Law schools are seen as cash cows for their affiliated undergraduate universities, but this law school is hurting so bad for cash due to low enrollment the university is infusing it with millions. [Minnesota Daily]
* A Pennsylvania man is suing his local police department for First Amendment violations after he was arrested for cursing in front of officers. N.W.A has a song this guy would like. [Pittsburgh Post-Gazette]
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Biglaw, Bonuses, BuckleySandler, Money, Partner Issues, Partner Profits
Associate Bonus Watch: Who Just Announced Midyear Bonuses?
Which highly profitable Biglaw firm is sharing the wealth with its lawyers and staff? -
Adam Liptak, Biglaw, Legal Ethics, Media and Journalism, Money, New York Times, Quote of the Day
Biglaw Will Turn You Into A Big Jerk, Says Famous Ex-Associate
Will a Biglaw job turn you into a big a-hole? -
Biglaw, Billable Hours, Intellectual Property, Litigators, Mergers and Acquisitions, Money, Partner Issues
Which Biglaw Attorneys Make The Most Bank?
If you haven't changed your mind yet about your Biglaw career path, now would be a good time to do it. -
Bankruptcy, Biglaw, Divorce Train Wrecks, Family Law, Money, Partner Issues, Partner Profits
A Messy Divorce Offers An Inside Look At Biglaw Partner Pay
Divorce litigation reveals the partner pay structure at one leading law firm. - Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms. -
Celebrities, Fabulosity, Lawyerly Lairs, Money, Real Estate
Lawyerly Lairs: Ronan Farrow's $1.5 Million Bachelor Pad
Ronan Farrow leads a charmed life; check out his $1.5 million apartment. -
Money, Small Law Firms, Solo Practitioners
Back In The Race: Teaming Up
How should you handle the tricky matter of referral fees? Here's one lawyer's approach. -
1st Circuit, Biglaw, California, Celebrities, Confirmations, Crime, Football, Gender, Lateral Moves, Law Professors, Law School Deans, Law Schools, Money, Morning Docket, Partner Issues, Texas, United Kingdom / Great Britain
Morning Docket: 05.23.14
* Congrats are in order for David Barron. The Harvard Law professor was confirmed to the First Circuit in a close vote (53-45), despite his apparent allegiance to our new drone overlords. [WSJ Law Blog]
* Another one bites the dust: Weil’s London banking leader Stephen Lucas decamped for Kirkland & Ellis. The firm retorted by saying: “We have got 40 finance lawyers left.” Aww, yay for you. [The Lawyer]
* We already know that state prosecutors are very poorly paid, but let’s go one step further and see if women are paid less than men. Shockingly enough, women are getting the shaft in Texas. [Texas Tribune]
* Dean Jack Boger of UNC Law is stepping down, but he’s proud of keeping legal ed affordable. “[B]y relative standards, we’re still doing that,” he said. It’s ~$39K for out-of-state students. [Chapelboro.com]
* O.J. Simpson’s lawyers submitted a gigantic legal doc in an attempt to get him a new trial for his armed-robbery case. Court word limit: 14,000. Words in the Juice’s motion: 19,993. Rules: LOL. [NBC News]
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Basketball, Biglaw, Cars, Google / Search Engines, In-House Counsel, Law Firm Mergers, Law Firm Names, Money, Morning Docket, Patents, Patton Boggs, Racism, Real Estate, Technology
Morning Docket: 05.19.14
* Partners from Patton Boggs and Squire Sanders may vote on their merger sometime this week. Get ready to say hello to Squire Patton, House of Boggs, Hodorific of Its Name. [Reuters]
* “[E]xcuse me, sir, you may not be here in five years.” Biglaw firms are becoming more “egalitarian” about office space because attorneys have expiration dates. [National Law Journal]
* After a flat year in 2013, and much to Biglaw’s chagrin, “[i]t is going to be harder to sustain year-over-year profitability gains.” Oh joy, time to power up the layoff machine. [Philadelphia Inquirer]
* Tech giants Apple and Google have called a ceasefire in their dueling patent suits in a quest to reform patent law — and so Apple can concentrate all of its efforts on suing the sh*t out of Samsung. [Bloomberg]
* GM’s in-house legal department is being heavily scrutinized in the wake of the car maker’s ignition switch lawsuit extravaganza. You see, friends, people die when lawyers don’t even bother to lie. [New York Times]
* Donald Sterling found a lawyer willing to represent him, an antitrust maven who thinks the NBA should take its ball and go home because “no punishment was warranted” in his client’s case. [WSJ Law Blog]
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Lawsuit of the Day, Money, Ted Olson
Lawsuit Seeks $2 Undecillion Dollars In Damages
Damages worth more than the value of the galaxy?
Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
The Business Case For AI At Your Law Firm
Legal AI: 3 Steps Law Firms Should Take Now
Sponsored
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
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Biglaw, Fabulosity, Facebook, General Counsel, Goldman Sachs, In-House Counsel, Twittering
Just How Rich Is Twitter's General Counsel?
The current and former general counsels to companies like Twitter, Facebook, and Goldman Sachs earn eight-figure sums. -
Bankruptcy, Biglaw, Document Review, LSAT, Lunacy, Money, Morning Docket, State Judges
Morning Docket: 05.13.14
* Lawyers for Jones Day got a light spanking in court after sending out some of Detroit’s confidential negotiation documents to its creditors. Quick, blame the doc reviewers. Oh wait, you already did. Nice work. [WSJ Law Blog]
* Cynthia Brim, the judge declared “legally insane” who collected a $182K salary for months without working, was booted from the Illinois bench. She’s the first member of the state judiciary to be removed in a decade. [Chicago Tribune]
* Massachusetts is instituting a $30,000 pay hike for state judges which will prime the pump for pension bumps and retirements. For the love of God, think of the poor ADAs next time, Massholes. [Boston Globe]
* The power of diagramming compels you! If you’re studying for the LSAT, here are tricks you can use when trying to exorcise the demons from the logic games section. [Law Admissions Lowdown / U.S. News]
* Prosecutors want Oscar Pistorius to undergo a psychiatric evaluation in order to urge the court to consider an insanity defense, even though Bladerunner’s legal team doesn’t intend to mount one. [CNN]
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Cheapness, Job Searches, Money, Small Law Firms, Summer Associates
Law Student Turns Down Summer Job With Salary Of 'McDonald's Hourly Worker'
Yet another law student employment train wreck. -
Biglaw, Magic Circle, Money, United Kingdom / Great Britain
Could Raises At Global Law Firms Signal More Raises For All?
Some lawyers are getting raises. Could you be next? -
Courthouses, Job Searches, Money, Student Loans
In What State Do Courthouse Janitors Make More Money Than Prosecutors?
Which state is allowing entry-level government attorneys to live in squalor? -
Fabulosity, Gay, Lawyerly Lairs, Money, Real Estate, United Kingdom / Great Britain
Lawyerly Lairs: A Law Clerk's $1.7 Million Apartment
How can a law clerk afford such an expensive apartment? Well, he's not your ordinary "law clerk." -
Biglaw, In-House Counsel, Money, Partner Issues, Partner Profits
How Did Biglaw Fare In The First Quarter Of 2014?
What are the reasons for optimism in a recent report from Citi Private Bank?