* NY Attorney General investigating fast food restaurants for shorting their employees. This is a worthwhile cause, but what he should be looking into is who ate the bones? [CNN]
* Two schools, University of Mary Hardin-Baylor and York College of Pennsylvania admit they gave false information to U.S. News resulting in better rankings. Those were their BETTER rankings? [TaxProf Blog]
* To keep “misleading statistics” in perspective, the Department of Education leveled one of its steepest fines on Yale for covering up multiple “forcible sex offenses” to keep its campus safety statistics down. [Chronicle of Higher Education]
* A measure of resource governance finds the U.S. has the second best governance of its oil, gas and mining sectors. Give yourself a hand regulators. And we’re gunning for you Norway! [Breaking Energy]
* The Honorable Felicia Mennin does not grasp how time works. Thinks artist should have been more conscious of the public fear surrounding the Boston bombings… back in February. [New York Times]
* Congratulations readers for helping the profile of a White House petition to reform student loan policy. Here are a couple more if you feel like making more reforms to the process… or at least more suggestions for reforms that will sit on someone’s desk. [Whitehouse.gov and Whitehouse.gov]
* Is political intelligence practice too risky? Is political intelligence an oxymoron? An interview with Robert Walker of Wiley Rein LLP after the jump [Bloomberg Law]
We’ll get back to our regularly scheduled programming of news and commentary in a second. But today is 9/11, and so many of us in the legal community were affected by the tragic events that happened 11 years ago. We wanted to take a moment to honor that loss. Below is a statement from New York Attorney General Eric Schneiderman which seems appropriate.
STATEMENT FROM A.G. SCHNEIDERMAN ON 11th ANNIVERSARY OF 9/11 ATTACKS
On this solemn anniversary, I join with all New Yorkers in remembering and honoring those we lost 11 years ago. They were first responders who rushed in to the burning towers to save others, and civilians who were just trying to go about their daily lives. Few in our state have been untouched by the impact of the unspeakable attacks on our country that day, and we still ache at the absence of mothers and fathers, brothers and sisters, sons and daughters. So as we honor their memory today – and the memory of the brave men and women in uniform who have sacrificed their lives to protect us since then – let us pray for their families and loved ones, and recommit ourselves to work for a more secure future.
The Democratic primary for the new New York Attorney General is on Tuesday. Earlier this week, I broke down the candidates and liveblogged the debate between the five Democratics that want to follow in the footsteps of Eliot Spitzer and Andrew Cuomo.
I wasn’t particularly impressed with the frontrunner, Nassau County DA Kathleen Rice. But I’ve got nothing on retired Brooklyn criminal judge, Amy Herz Juviler. Judge Juviler is definitely not going to vote for Rice. And she doesn’t want her friends to vote for her either. Freed from the bench, she’s been emailing her friends encouraging them to avoid Rice like the plague.
In the email, Judge Juviler gets right to the point:
In considering who to vote for in the Democratic Primary, eliminate from your consideration Kathleen Rice.
The last two New York Attorneys General have become wildly famous. Everybody knows who Eliot Spitzer is, mostly for the wrong reasons. Before he became Governor Client Number 9, Eliot Spitzer attained the title “Sheriff of Wall Street.” Meanwhile, the current NYAG Andrew Cuomo was already famous because of his father. As AG, Cuomo has continued Spitzer’s legacy of asserting jurisdiction over anything that will help him run for Governor. The plan seems to be working, and Cuomo is the prohibitive favorite to become the next New York Governor.
Which means New Yorkers need to elect another attorney general. Unfortunately, nobody is paying attention to the Democratic primary (next Tuesday) where the winner will most likely be a shoe in for the job of top lawyer in New York. A recent Quinnipiac poll showed that 77% of registered Democrats have no idea who they’re going to vote for. More embarrassingly, 8% of respondents to an open-ended question about who they will vote for said they were going to vote for a person who is not actually running for NYAG. That’s double the 4% support “frontrunner” Kathleen Rice received.
Arguably, it’s the most important AG job in the country, the election is a week away, and 85% of the potential voters haven’t made up their mind or don’t know who is in the race. Think about that the next time somebody complains about “regulation” of Wall Street. I can’t blame Jamie Dimon if he’s not thrilled about listening to an AG who was elected by five guys who thought it would be a funny to show up and Ice election day workers.
So, as a public service to all the Above the Law readers who might actually have to deal with the NYAG, I’m liveblogging tonight’s Attorney General debate. Please check it out, I’m trying to be helpful…
It’s the kind of fight that wouldn’t have seemed possible just ten years ago. The New York Daily News reports that right now the Democratic candidates vying to replace Andrew Cuomo as New York State Attorney General have started fighting over who can be “softest” on drugs:
Five otherwise intelligent people are competing to be the top prosecutor of a state that has seen a worrying uptick in violent crime, much of it drug-related.
Yet all they seem to argue about is who has fought harder to keep cocaine and heroin dealers out of prison and on the streets.
Okay, obviously Daily News writer Bill Hammond still thinks that the Rockefeller drug laws are not blatantly unfair and ineffective. Whatever. The important thing here is that five potential prosecutors are seemingly done with this simplistic approach to the drug problem, and the people of New York seem to be on board…
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.
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: