Congratulations to Northwestern University and Northwestern Law. The university just announced a $25 million gift, and $15 million of that will go to the law school.
The gift comes from Northwestern Law alum Neil Bluhm, who has an estimated net worth of $2.5 billion. Although Bluhm made his fortune as a real estate and casino magnate, he took his first steps towards wealth in Biglaw. Bluhm worked as an associate and then a partner in the Chicago office of Mayer Brown.
Speaking of Mayer Brown, the firm’s New York office just announced bonuses. Could they be the first big bucks banked by budding billionaires?
Whenever the topic of financial profligacy arises, I like to remind the assembled audience of my own rectitude in such matters. Why, I didn’t get a credit card until my second year of law school. Until that point, I had no need for credit. And I still didn’t even after I got the card. A twelve-hundred dollar limit is what they gave me on account of my non-existent credit. But that was alright with me. What in the world would ever possess a person to spend more than a thousand dollars that they didn’t have on hand? Do you know how cheap eggs are? I mean, I know this sounds like quite the non sequitur, but do you know how cheap a carton of eggs is? You can get them for a dollar. Maybe a dollar and change. The only reason I bring this up is they are a tasty source of protein for next-to-no-money at all. And so I ask you, why in the world would you ever need to borrow an enormous sum of money? Why would you spend your money like some drunk, and likely ethnic, sailor on shore leave? Are you compensating for something? I beseech you, are you too good for eggs? No sir, I don’t think I’m better than you with your spendthrift waffle iron ways. I just think you must never have truly learned how to run a tight fiscal ship.
I owe several entities close to a quarter-million dollars because of a Northwestern legal education that led me to… well, this.
I’m starting to think that law schools should just start offering low cost meal plans so that nobody has to bring their lunch. If everybody buys their lunch, then communal fridges are just used for beer and breastmilk, and anybody who steals lunch from a food truck will at least have to lose their wanted level before they can eat in peace.
For law students, nothing is more devastating than something happening to their precious laptops. They are the very tool that allow the future lawyers of America to survive the rigors of law school. A law student’s class notes are priceless, and if anything were to happen to them, it could have disastrous effects. Trust us when we say that you do not want to mess with a law student’s laptop. You could end up having the crap beaten out of you if you do.
We’re pretty sure there’s a special place in hell for anyone who would dare to steal a law student’s laptop, and this week, someone at one of the top law schools in the nation earned a ticket straight to the inferno. You’re probably a disgusting human being if you think it’s alright to steal a law student’s laptop. You deserve to be punched in the face.
So what happens when a fellow law student’s most prized possession in the world is taken away?
* “The multimillion dollar question is: Is it going to happen and for how long?” Surprisingly, health care attorneys from large firms are being quite blasé about the Congressional battle over Obamacare. [Blog of Legal Times]
* The 2013 Global 100 is out, and with an 8.6 percent growth in revenue, DLA Piper was able to really show the world the benefits of churning that bill, baby! We’ll have more on this news later today. [American Lawyer]
* This is getting exhausting: Dentons, the three-way merger product of SNR Denton (a merger product itself), Salans, and Fraser Milner Casgrain, is in talks with McKenna Long & Aldridge for yet another merger. [Am Law Daily]
* The director of the Commodity Futures Trading Commission’s enforcement unit will be stepping down to spend time more with family. The countdown until he returns to Skadden Arps starts now. [DealBook / New York Times]
* Ted Olson and David Boies, perhaps more commonly known these days as the gay marriage dream team, will be working together to challenge Virginia’s ban on marriage equality. [National Law Journal]
* Should law school be two years long? Kyle McEntee of Law School Transparency (3 points) is beating the pants off Northwestern’s dean (-4 points) in this debate. [Debate Club / U.S. News & World Report]
* The Italian Court of Appeal is retrying Amanda Knox of a crime she’s already been convicted and acquitted of, and the chances she’ll be extradited if convicted again are slim to none. Buon lavoro. [CNN]
On the one hand, people who steal other people’s lunches are kind of the worst. Nobody accidentally steals lunch from a communal fridge. They know damn well that they are taking the food out of somebody else’s mouth.
On the other hand, people who have a conniption when their lunch gets stolen need to chill. You wouldn’t put your iPad or your wallet in a communal fridge. Not just because it would be a weird place to store such things, but because the very definition of “communal” means any random person with low moral character can take your stuff. If something is so precious to you that you’re going to have a fit if you lose it, you should keep it on your person or under lock and key.
But I guess overall I’m happy that law students keep leaving their lunches in communal fridges and are then surprised when somebody else in the community takes their food. Because watching a person lose their minds like their blood sugar has bottomed out in front of the whole freaking class is fun to read about….
It looks like this ‘real’ housewife needs to get a real lawyer.
* The debt “vultures” are still circling Argentina’s carcass, but later this month, the justices of the Supreme Court will convene to decide whether or not they’ll take up the country’s bond case. [DealBook / New York Times]
* Judge Robert Wilkins managed to sail through his D.C. Circuit confirmation hearing before the Senate Judiciary Committee with great ease, but let’s see what happens when he gets to the full Senate. [Blog of Legal Times]
* An in-house attorney in Pennsylvania was suspended from the practice of law for six months because he attached a camera to his shoe to secretly film up women’s skirts. What a classy dude. [Legal Intelligencer (sub. req.)]
* Massive open online courses are trending in the world of higher education, and some law schools — e.g., Harvard and Northwestern — decided to get on the bandwagon while the getting’s good. [National Law Journal (sub. req.)]
* “I’m prepared to drop everything and go to law school,” says the man appealing his age discrimination suit against Baylor Law School because his GPA predates grade inflation. [Texas Lawyer (sub. req.)]
* The man who represented cast members of the Real Housewives of New Jersey was arrested for the unauthorized practice of law. We bet these “reality” TV stars wish they had a real lawyer. [Bergen Record]
Bet you can still get through that thing to someone’s brain.
Jefferson, are you injured or are you hurt?–James Caan, The Program
Yossarian was moved very deeply by the absolute simplicity of this clause of Catch-22 and let out a respectful whistle.–Joseph Heller
A few years ago, ESPN’s Monday Night Countdown used to do this bit where their assorted chuckleheads would sit around reviewing the biggest hits the NFL’s weekend action had to offer. At the soaring crescendo of each smash, one of the giggling ninnies would shout “You got JACKED UP!!!” And everyone would dissolve into further paroxysms of laughter.
I’m not going to tell you that I knew what was being displayed on the TV was morally reprehensible back then. Quite frankly, I’ve never been on the vanguard of moral consciousness. I was recently shocked to find out that beating your pets is not only frowned upon, but deeply taboo in almost every social circle. This late life come-to-Jesus moment does nothing for Rascal, who’s still smarting over my intemperate outbursts.
The point, if there is one, is that the arc of the moral universe seems to be about as long as my patience with animals. Everyone I know is getting gay married these days, weed is damn near legal, and slobberknocking hits are now, if not wholly condemned, quietly enjoyed in the privacy of one’s home (like samizdat or BBW porn). Strange days, indeed.
Yesterday, the NFL settled a major lawsuit filed against it by former players who claimed the league had failed to protect its players in the face of mounting evidence that concussions were making them permanently stupid or crippled or sad or worse.
David Lat and I were on CNBC’s Power Lunch with Dan Rodriguez, Dean of Northwestern Law School, discussing whether law school should be two years. As I mentioned earlier today, this debate got started again when President Obama said that he thought law school should last only two years, at least in terms of classroom instruction. Please see my earlier post if you’d like to talk about why Obama’s thought bubble was literally the least useful thing he could have done to effectuate the change he desires.
Here, we’re going to talk about whether Obama’s idea is good in the first place. Should law school be two years long? Let me rephrase that question: is there any possible justification for forcing people to sit through a third year of law school if they don’t want to?
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
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.
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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: