* A law firm in England, Edwards Duthie, believes that everyone is entitled to legal representation, even those who don’t believe in the rule of law. Have fun with Gaddafi; he should be a model client. [Guardian]
* An appeals court has ruled that Casey Anthony must serve her probation in Florida. It’s time for Extreme Makeover: Acquitted-of-Baby-Killing Edition. Casey would look good as a blonde. [CNN]
* Now that we know that a software program can practice law, with this settlement, is it fair to say that LegalZoom was only kinda illegally practicing law in Missouri? [WSJ Law Blog]
* Football players are suing over concussions. If the helmet on your head wasn’t warning enough that you could get a brain injury from playing the game, then I don’t know what to tell you. [Fox News]
The Libyan rebels have it easy. All they have to do is overthrow a megalomaniacal dictator who has mustard gas.
But in-house lawyers? Now, they have it tough.
(I write these columns several days before they appear on-line. If Qaddafi is still in power as of Monday, March 7, then read this column as providing advice for the future. If, on the other hand, Qaddafi’s already out of power, then view this as a remarkably quick historical case study.)
On February 25, President Obama signed an Executive Order prohibiting certain transactions relating to Libya. (Here’s a link to that order.) Australia, Canada, and the United Nations Security Council promptly imposed sanctions of their own. Other countries will surely follow suit.
The rules governing trade with Libya will evolve in the United States as, among other things, the Treasury Department’s Office of Foreign Assets Control identifies entities linked to the targeted regime or that engage in targeted behaviors. The rules will also change in the rest of the world, as other countries create and implement sanctions regimes. Large multinational companies will be doing business in countries that will impose differing economic sanctions on Libya.
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: