Millennials are mad as hell, and they’re not going to take it anymore! Or get that reference!
Well, at least one is. The always entertaining “millennial op-ed” showed up in a business magazine this morning. After reading an entire Crain’s Business feature full of anecdotal evidence from millennials about how “screwed” they are in the current job market, a different millennial wrote an op-ed citing anecdotal evidence about how she’s… unscrewed.
While the feature piece focused on young people who were bartenders, nannys, and “perma-students,” the counter-narrative comes from a millennial who is 2L in law school. And everything is going to work out for her, don’t ya know…
* The United States is launching air strikes against ISIS in Syria and Iraq, but some have been compelled to wonder whether it’s legal under international law. Of course it’s legal, under the Rule of ‘MERICA, F*CK YEAH! [BBC]
* Dewey know whether this failed firm’s former COO can get out of paying $9.3M to its bankruptcy trustee? Dewey know whether we’ll ever be able to stop using this pun? Sadly, the answer to both questions is no. [WSJ Law Blog]
* Marc Dreier of the defunct Dreier LLP has been ordered to testify in person in his firm’s bankruptcy case in Manhattan, but he’d rather stay in the comforts of his prison home in Minnesota. Aww. [Bloomberg]
* Dinesh D’Souza won’t have to do hard prison time for his campaign-finance violations. Instead, he’ll be spending eight months in a “community confinement center,” which sounds just peachy. [New York Times]
Every year, law students find themselves at odds with each other thanks to the convenience of school-wide listservs. Where else can you spew all of your vitriol at classmates with just the click of a button? Welcome to law school, folks.
Perhaps the most storied law school listserv belongs to Northwestern University School of Law, where the “PC Police” live to serve. As we’ve noted in the past, “[t]he school seems to have a number of students who are easily offended. Some of the kids there overreact at the slightest provocation.”
So what happens when something that’s actually offensive occurs? For example, what do you think would happen if a conservative student group like the Federalist Society were to host a debate on same-sex marriage, with food catered by Chick-fil-A? As you can imagine, students lost their minds…
It’s not much of a secret that women are routinely paid less than their male counterparts in the United States — to the tune of about 20 percent. It’s such a non-secret that even those who call the gap a “myth” don’t actually deny it as much as say “who cares?” Which makes the word “myth” more of a PR move to sell a license to be a prick. Usually literally.
More of a secret is the fact that even bastions of self-described enlightenment participate in this system. For example, academia. A new report by research site FindTheBest discovered that some of the top universities in the country — most boasting law schools — systematically underpaid female faculty.
And one law school clocked a $44,000/year pay gap between male and female faculty, making it the second-worst offender in the study….
There’s a curious case making the rounds today involving a top law school, its LL.M. program, and a convicted con man.
Mauricio Celis was convicted in 2009 for pretending to be a lawyer in Texas. Celis said that he was barred in Mexico but authorities contended that he was not, though Celis maintains his innocence.
In any event, after his conviction for unauthorized practice of law, he went to get an LL.M. After he enrolled, paid money, and spent months in the program, the school found out about his conviction and expelled him before graduation. After expulsion, Celis essentially filed an Adam Sandler-style lawsuit against the school, arguing that this was news that could have been brought to his attention yesterday.
While most of the internet is reacting with antipathy towards Celis, I’m going to defend the man. If schools weren’t so desperate to cash in on foreigners through expensive LL.M programs, they might have noticed the easily available public information about Celis’s past…
The whole world has ground to a halt to watch the World Cup. Except of course in the United States, where the World Cup is mostly a curiosity to fill our days now that the NBA and NHL have finished their seasons.
Perhaps you’d pay closer attention if you had a guide to the teams that gave you a personal stake in a given squad. Without further ado, here’s an explanation of which law schools most closely resemble World Cup sides…
‘Should I go to law school? Nah, I don’t want to be poor.’
Last year, there was such a substantial national decline [in law school applicants], and a lot of law school deans said, “It’s got to be the bottom of the market, right?” People assume there has to be an uptick, because there’ll be a recovery and students will see an opportunity to get into better schools. But then a year goes by and there’s an additional decline. I will say this: The preliminary data I’ve seen on the students who have taken the LSAT this year suggests that we’re not seeing a big recovery — let’s put it that way.
* According to Justice Kagan, Justice Ginsburg “is responsible for eliminating sex discrimination from American law.” Whoa, that’s a nice thought, but let’s not get ahead of ourselves with wishful thinking. [New York Law Journal]
* After handing out pink slips staff, Heenan Blaikie lawyers sat down and voted to dissolve the Canadian firm’s partnership and wind up its business. It’s kind of like Dewey, but with maple syrup! [Legal Post / Financial Post]
* Jack W. Butler, the bankruptcy bigwig who managed to negotiate the American Airlines / US Airways merger, will leave his home at Skadden Arps after 23 years and head to Hilco Global. [DealBook / New York Times]
* Vermont Law School has partnered with several historically black colleges and universities in order to put warm bodies in empty seats promote the expansion of racial diversity in the legal profession. [VT Digger]
* David Savner, a corporate partner at Jenner & Block, recently donated $1 million to his alma mater, Northwestern Law, to fund a high-tech classroom. It must be nice to be rich. [Crain's Chicago Business]
* The ABA Journal wants to know what the “oddest” elective course you ever took in law school was. If you took a “Law and _____” class and didn’t get an “A,” you should hang your head in shame. [ABA Journal]
Last week, we looked at which Biglaw firms were the highest rated in 2013 by their own lawyers, according to the ATL Insider Survey. As we noted, we’ve amassed in excess of 15,500 responses to our survey from practicing lawyers and law students. The information from our survey provides our readers with a deep resource for comparing and evaluating schools and firms, particularly in the form of our Law Firm and Law School Directories.
Today, we continue to milk the “it’s a New Year/here’s a list” format and present 2013’s highest-rated law schools. Please note this is not to be confused with the ATL Law School Rankings, which assess schools based on a range of employment outcomes (and which are coming out later this year). These ratings are a pure function of how schools were rated by current students in the areas of academics, financial aid advising, career services, practical/clinical training, and social life.
More clues that these are not the ATL Law School Rankings: Northeastern beats Northwestern, while Yale and Harvard do not even make the cut…
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: