* Is this contract for sex based on Facebook likes enforceable? [Gawker]
* Speaking of unenforceable contracts, what in the hell does Bilbo sign before his unexpectedly long journey? [Wired]
* And Jesus, you certainly can’t barter legal services for sex! I think everybody needs to go home and read the Second Restatement. [Indianapolis Star]
* Now you can hear for yourself the three words that Clarence Thomas spoke. It’s at the 41-minute mark. [The Supreme Court]
* Ms. JD is offering lawyers and law students the chance to submit questions to ABA President Laurel Bellows that will be answered at an event on January 31 (with viewing parties around the country). [Ms. JD]
* How to answer a question when an interviewer asks you something that you don’t have to answer. [Lawyers.com]
* Litigation can be a good excuse to get your client to do things they should have been doing all along. [What About Clients?]
* North Carolina dean claims she was forced to underreport sexual assaults at the college. When reached for comment, the Duke Lacrosse team said, “We kind of have the opposite problem.” [Salon]
Back in 2010, we brought our readers some news on the state of women’s representation on the mastheads of the nation’s law reviews. According to a study conducted by Ms. JD, on the whole, women at the 2009 U.S. News top 50 law schools were doing just fine in terms of overall law review membership and leadership positions. Good news, right?
Ms. JD conducted a similar study for 2011-2012, using the 2011 U.S. News top 50 law schools, and made the following findings:
The overall percentage of women who are members of law reviews, 42.75 percent, correlates strongly with the number of women awarded law degrees during the same time period, 47.3 percent.
The percentage of women in leadership positions on law reviews, 41.53 percent, also correlates strongly with the number of women awarded law degrees during the same time period, 47.3 percent.
That’s where the good news ends, because when it came to the position of editor-in-chief, the number of women holding the title in Ms. JD’s first study was “disproportionately low,” at just 33 percent. This year, that percentage was even lower — only 28.6 of the EICs at the nation’s top 50 law schools were women. Keep in mind that these are the women who are expected to go on to become law professors, federal judges, Biglaw partners, and Fortune 500 general counsels.
Why, then, are they being overlooked for the title of editor-in-chief, year after year?
* If your fraternity has to hire a lawyer to hold a press conference to deny allegations of butt-chugging, and an extraordinarily uncomfortable video of the press conference makes its way online… you’re probably up s**t’s creek without a wine bottle paddle. [Outkick the Coverage]
* There’s no crying in baseball, and, in other creepily homoerotic collegiate news, there shall be no drunken teabagging in college football, either. [New Orleans Times-Picayune]
* Dear readers, legal pundits, regular pundits, and the public at large: Please stop with this nonsense of how Sandra Fluke should sue Rush Limbaugh. Because I swear to God, if you guys make me indirectly defend Limbaugh, I will wear you guys out like the dirty little sluts you are. [Politico]
* Which founding partner of a major law firm has abs of steel? [Dealbreaker]
* A ranking of top moot court programs. I wouldn’t be surprised if the schools that are best at moot court are the schools that spend the most time lying to their students about how there’s a single goddamn employer out there who cares about moot court. [TaxProf Blog]
* People think I hate cops, but I have nothing on Republicans in the Indiana House of Representatives. Those guys are such cop haters that they want to pass a law to make it okay to kill them if they enter your house. All I want is to be able to get away with saying “yo’ mama” if they try to falsely arrest you in your own home. [Recess Appointments]
* This legal assistant reminds me of what Lane Pryce might have said if he had been sacked for a job as a legal assistant. [Roll on Friday]
* Really, it’s the pro-death penalty crowd that wants us to be more like Communist China. [A Public Defender]
* Congratulations to the new leaders at Ms. JD. [Ms. JD]
* Michigan man sues movie theater for overpriced snacks. He’s not suing for amount they charge to see movies over the past atrocious season, he just wants to spend less while he’s sucking down Goobers and watching them. (One quick side note on the Oscars ’cause I was sick last week: F*** you, Academy of Motion Picture Arts and Sciences. Maybe they should re-release Margin Call with Zach Quinto replaced by a French mime so you guys might notice something at least 1% of this country cares about.) [Huffington Post]
* Before you waste your tears crying over how much your fantasy team sucks, you should probably check and see whether it’s even legal to play. [Legal Blitz]
* Chase is giving away over $3M in grants for small charities, so why not take a second and vote for our friends over at Ms. JD? [Chase Community Giving]
* Using free beer to lure criminals into an arrest trap should be a violation of your right against self-incrimination. They should at least be able to drink it before the cuffs go on. [Legal Blog Watch]
* An interesting account, by former Dealbreaker editor (and Skadden lawyer) John Carney, of behind-the-scenes arguments between the SEC and the U.S. Attorney’s Office over Rajat Gupta, pal of Raj Rajaratnam. [NetNet / CNBC]
* A legal loss for the Naked Cowboy — guess his briefs weren’t good enough. [Huffington Post]
Judge Jack Camp
* What should you do if you’re an associate who thinks your firm is going down, a la Howrey? Here are some practical tips. [Vault]
* By the time ex-Sidley associate Tyler Coulson completes his hike across America, “food will cost twice as much! Gasoline will be $5! Charlie Sheen will be running for office in California (and be elected)!” [Funny Business / CNBC]
* Ms. JD’s fourth annual conference on women in law is coming up next month. [Ms. JD]
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: