On Tuesday afternoon, we started receiving tips about the release of the New York Bar results for the July 2013 administration of the exam. We found this to be really odd because it’s not even November yet. In fact, it’s not even Halloween yet. We’ve got to say, the members of the New York Board of Law Examiners have a pretty sick sense of humor if this is their idea of holiday fun.
What kind of frights or delights are in store for New York bar examinees when they open their email? Let’s find out.
Justice Clarence Thomas famously travels around the country over the summer in his 40-foot recreational vehicle (RV). Since 1999, Justice Thomas and his wife Ginni have visited some 27 states in their RV. According to Mrs. Thomas, “it’s a wonderful life.” The Thomases often park overnight in Wal-Mart parking lots. As Justice Thomas notes, “you can get a little shopping in, see part of real America. It’s fun!”
If spending night after night in an RV is good enough for an associate justice of the United States Supreme Court, it should be good enough for a young lawyer, right? In the latest installment of Lawyerly Lairs, we visit with a Biglaw associate who lives in an RV down by the river….
For the past few years, members of the mass media have been continuously harping on how difficult it is for law school graduates to secure jobs after graduation. After all, only a little more than half of the class of 2012 managed to find jobs as lawyers, and the class of 2011 didn’t fare much better.
Joblessness can have real life consequences other than the inability to repay law school debts owed to the government or private lenders, and contrary to popular belief, it’s not just graduates of lower ranked schools that have faced significant hurdles in the job market.
Today, we bring you the story of a young mother, a 2011 Ivy League law school graduate, who just lost custody of her son because she moved to another state to take the only job she was able to find. We’re afraid that this is the “new normal” for law school graduates…
101 Central Park West: home to celebrities, a billionaire’s daughter, and an in-house counsel.
Earlier this year, we wrote about a commendable initiative at Pace Law School called New Directions. It’s a program devoted to helping lawyers who have left the profession, many of them stay-at-home mothers, get back into the world of practice.
The New York Times profiled a few of the program’s graduates. One of them, Jeannette Rossoff, graduated from Boston University School of Law, worked at Shearman & Sterling for a few years, then left the workforce for twenty years to raise four children. After her children were grown, she completed the New Directions program, interned for the New York State attorney general’s office, then landed an in-house job with a nonprofit.
It’s nice that Mrs. Rossoff is back to practicing law, but it certainly wasn’t necessary. If you can afford to live in a $12 million apartment with monthly maintenance charges of almost $7,000, “work” is optional….
I’ve been told that, for liability reasons, I’m not actually allowed to “drive” the party bus, but that’s probably for the best as I’ll be showing up after playing about ten hours straight of Grand Theft Auto V.
I posted this on Friday, and then I remembered that law students don’t wake up on Fridays, so I wanted to mention again that the Above the Law Bar Review Crawl (sponsored by Kaplan) now has a sign up sheet, a schedule, and a party bus.
Below you can see our plans, and one person who signs up will be picked at random (on Thursday morning I assume) to join us as we bus around the city. Right now, I’m actually just interested in your music suggestions for the party bus playlist…
* You skip over the footnotes when you’re reading for class, but Justice Ruth Bader Ginsburg doesn’t think you should. She’s a proponent of the most important footnote in all of constitutional law. [New Yorker]
* New York will modify its pro bono requirement for LL.M. students to allow public service completed outside the country. Well, so much for closing the state’s justice gap. [New York Law Journal (sub. req.)]
* Everything’s bigger in Texas, including the government-initiated trademark infringement actions over “Don’t Mess With Texas.” Like “I <3 NY," the Lone Star State's slogans are off limits. [New York Times]
* You can sue Lady Gaga for overtime pay all you want, but you do not want to face her wrath. The pop star is due in court in early November where she’ll tell a judge “exactly what f**king happened.” [Daily Mail]
This coming Thursday, September 19th, the Above the Law crew will set out to crown the best law school bar in Manhattan. But you knew that already. The first 25 people who show up to hang out with us will have the option of having a free drink sponsored by Kaplan, but you knew that already too.
What you don’t know yet is where we’re going. You don’t know when we’ll be there. And you don’t know how to get on the party bus with us as we travel around to schools, liveblog, and do other party-bus-type things.
Now, after pulling teeth from the people over what bars they drink at, we finally have those details. We’re starting out at 5:30 p.m. around Columbia at The Village Pourhouse.
Check below for the sign-up form to be eligible for some additional ATL swag, Kaplan swag, and a seat on the bus, plus the rest of the schedule….
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@example.com 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.
NYAG Eric Schneiderman: He’s a guy with real power in New York, not that carnival barker Donald Trump.
Trump University engaged in deception at every stage of consumers’ advancement through costly programs and caused real financial harm…. Trump University, with Donald Trump’s knowledge and participation, relied on Trump’s name recognition and celebrity status to take advantage of consumers who believed in the Trump brand.
— New York Attorney General Eric Schneiderman, standing up for the collection of goobers and yokels who “believed in the Trump brand.” The NYAG sued Trump University yesterday. Trump’s lawyers have called the suit politically motivated — as if any sitting NYAG has a motivation other than becoming governor someday. Law school deans should probably call the suit a “near miss.”
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: