* Biglaw’s billing bonanza: at least 12 firms are advising on the multi-billion dollar deals going on between Microsoft / Nokia and Verizon / Vodafone, and Simpson Thacher landed a seat on both. [Am Law Daily (sub. req.)]
* Standard & Poor’s is now accusing the Department of Justice of filing its $5 billion fraud lawsuit in retaliation for downgrading the country’s credit rating. Aww, we liked the “mere puffery” defense much better. [Reuters]
* The new ABA prez doesn’t think Obama meant what he said about two-year law degrees. He thinks it’s about cost. Gee, the ABA should probably do something about that. [National Law Journal (sub. req.)]
* Meanwhile, New York Law School wants to condense its offerings into a two-year honors program that comes complete with a $50,000 scholarship. Sweet deal if you can get it, but it sounds like most people won’t. [Crain's New York Business]
* Stewart Schwab, the dean of Cornell Law School, will be stepping down at the end of the academic year. The search for someone new to oversee the filming of amateur porn in the library is on. [Cornell Daily Sun]
* Crisis? What crisis? Nothing is f**ked here, dude. Amid plummeting applications, GW Law increased the size of its entering class by about 22 percent. The more lawyers, the better, right? /sarcasm [GW Hatchet]
* Jacked up! Attorneys for NFL player Aaron Hernandez got a stay in the civil suit accusing the athlete of shooting a man in the face until after the athlete’s murder charges have been worked out. [USA Today]
The ATL/Kaplan Bar Review Crawl is going full steam ahead. The calendar has been cleared, the bus has been rented, the IVs have been commandeered. On Thursday, September 19th, we will be drinking all across New York.
We’ll be starting up by Columbia and slowly making our way downtown on an ATL party bus. We’ll make one bar stop per Manhattan-based law school, and then rate them. The first 25 people at each bar will get a free drink.
The only problem with this awesome plan is that we still don’t have enough bars. Students at NYU Law School have been very forthcoming with bar suggestions… and all signs point to the Wagon. But the rest of you guys aren’t being as helpful.
Columbia, where can we get a drink for happy hour? Fordham, where can we go around Lincoln Center to make fun of opera fans? NYLS… where are you again?
Seriously people… nominate some bars. Stop what you are doing and send an email to [email protected] or post in the comments. I live on the Upper East Side, I have a kid, you do NOT want me picking these bars myself… we’ll end up at a damn Olive Garden.
* The NFL has reached a $765 million settlement with the over 4,500 retired concussion victims whose injuries paved the way for the league’s success. [Sports Illustrated]
* Dennis Rodman confidante Kim Jong-un had his ex-girlfriend executed on pornography charges. Kind of puts the whole “revenge porn” thing in perspective. [The Telegraph]
* A lawsuit against Curt Schilling, based on allegations that he deceived the state into giving his company $75 million, will go forward. Like most conservative Republicans, Schilling saw no problem with taking millions in handouts from the government so long as poor people don’t get $4.50 a day for food. [Comcast SportsNet]
* Judge Mark Bennett (N.D. Iowa) ripped the Department of Justice for creating massive drug sentencing disparities because the DOJ went years without a policy for when prosecutors should double the prison time for repeat offenders. In Northern Iowa, that’s a LOT of meth heads in prison. [Des Moines Register]
* Attorneys for the Governor of Pennsylvania equate gay marriage to letting 12-year-olds marry. Just because a demographic calls everything “gay” doesn’t make them gay. [ABA Journal]
* Study shows academics use lots of adjectives and adverbs. This is really a very terrific and awesome study. [TaxProf Blog]
* REMINDER: OK NYU, Columbia, Fordham, Cardozo, and NYLS students! It’s time to send nominations to us for where you want us to go on the Great Above the Law/Kaplan Bar Review Bar Crawl. Send bar nominations to [email protected], subject: “Bar Crawl.” See you on September 18th! [Above the Law]
Here’s what we’re going to do, and it’s going to be glorious.
On Thursday, September 19th, your Above the Law editors will set off on a night-long mission to crown the best law school bar in New York City. We will visit five bars, one near each of the five major law schools on Manhattan island, and we’ll blog about them. Later, readers will vote on the winner. If you don’t live in Manhattan, don’t worry, if this works we’ll be coming to a city near you soon enough. And if you live in a city that is too boring to host a full-on bar crawl, you should be able to follow along as we live blog and tweet about the evening as it progresses.
Save the date: Thursday, September 19th, 2013.
Kaplan Bar Review will be sponsoring this crawl, because nothing says “Jesus, I really need to study for the bar” than hanging out with ATL editors for an entire evening. Kaplan will also be providing a free drink to the first 25 people who meet us at each of the locations. And they’ll be giving out some other swag.
I’ll pause now for applause and praise.
But wait, there’s more. Did I mention the “party bus” that will be taking us — and maybe you — around the city? Here’s what we need from you…
* Eric Holder comes clean on his involvement with the James Rosen search warrant, and to the chagrin of many, he isn’t plotting the death of journalism. That, or he’s a big liar. You pick. [Volokh Conspiracy]
* George Zimmerman is going to be staring down an all-female jury for the next few weeks in his murder trial. And let me tell you, that’s going to be so much fun when everyone’s cycles start to sync up. [CNN]
* It’s amazing that the Framers’ intentions can be applied to true love. Best wishes to Ilya Shapiro on his new marriage. Professor Josh Blackman is one hell of a wedding speaker. [CATO @ Liberty]
* Is there an appropriate way to deal with cosmetic surgery — like a breast enlargement, breast reduction, or a nose job — in the office? Just be ready for people to talk about you. [Corporette]
* Former Above the Law columnist Jay Shepherd offers up the secret to lawyer happiness in just six minutes, while taking shots at the world’s largest law firm and the world’s shortest movie star. [jayshep]
Day by day, law school applications continue to tumble. As of May 31, applicants were down 13.2 percent and applications were down 18.6 percent from last year. As we’ve mentioned previously, this is the third year in a row that there’s been a double-digit percentage drop like this. Welcome to the reckoning.
Law schools are understandably scared by the precipitous drops in applications. While some are handing out admissions offers like candy, others are exploding scholarship offers to entice prospective students to join their ranks. Still others have been forced to think outside the box to come up with innovative ways to fill their incoming classes.
Have you heard of the “Just Diapers to Juris Doctors” program yet? We’ve got to hand it to this school, because it’ll be at least two decades before this new admissions program turns into “Just Debt”….
* “I don’t believe judges should be filibustered.” Tell that to the rest of your Republican pals, Senator Hatch. D.C. Circuit nom Sri Srinivasan faced little drama at the Senate Judiciary Committee yesterday. [Bloomberg]
* A bipartisan gun regulation deal has been reached in the Senate, and of course the NRA is opposing it — well, except for the parts that expand gun rights. The group really likes those parts. [Washington Post]
* Trolling for patent partners? Bingham recently snagged five IP partners from DLA Piper’s Los Angeles office, including the former co-chair of DLA patent litigation department. [Thomson Reuters News & Insight]
* Time well spent: while Detroit hangs on the precipice of bankruptcy, local politicians are worrying about whether retaining Jones Day poses a conflict of interest for their emergency manager (Kevyn Orr, formerly of Jones Day). [Am Law Daily]
* NYLS — or should we say “New York’s law school” — is revamping its clinical program to kill two birds with one stone (e.g., fulfilling pro bono hours and boosting job prospects). [National Law Journal]
* For all the talk of his being a hard ass, Judge Rakoff is a nice guy after all! The judge gave an ex-SAC trader permission to go on a honeymoon after his release from prison. [DealBook / New York Times]
* If you’ve ever wondered how Lat spends his free time, sometimes he’s off writing book reviews for distinguished publications. Check out his review of Mistrial (affiliate link) here. [Wall Street Journal]
* “Lindsay Lohan is the victim.” What the Heller you talking about? LiLo’s lawyer thinks there’s a conspiracy among the prosecutors on her case that’s resulted in leaks of information to TMZ. [CNN]
Are you challenged by the costs and logistics of maintaining your office, distracting you from the practice of law?
Many small firms are successfully moving part—or even all—of their practice to a virtual setting. This even includes multi-jurisdictional practice spanning several states and practice areas, although solo and small partnerships are still the largest adopters of virtual law.
Can you do the same? The new article Mobile in Practice, Virtual by Design from author Jared Correia, Esq., explores how mobile technology bring real-life benefits to a small law firm. Read this new article—the next in Thomson Reuters’ Independent Thinking series for small firms—to explore how a mobile practice:
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months (Robert Kinney and Evan Jowers will be in Hong Kong again March 15 to 23), and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.
Everyone is talking about the importance of Social Media in Corporate America. But it is relatively safe to say that most law firms and lawyers are slightly behind the social curve. Most lawyers, at minimum, use LinkedIn, for networking. Some even use Twitter for pushing out short, pithy content, while many have Blogs, where they write their little hearts out. The adage “it is better to give than to receive” is not always true though in the world of Social. In the Social World – it is best to listen, give back and engage.
Social Media is a communications tool that can deeply educate you about the needs and wants of your clients and prospects when used in conjunction social media monitoring and sharing tools.
Take this quick quiz and see if you know how to use Social to help you engage more with your clients or to better service the ones you have.