Today marks the two-year anniversary of the Occupy “movement.” I put “movement” in scare quotes because, as far as I’m aware, Wall Street is still occupied by the same group of unaccountable interests as before. At least we have Elizabeth Warren.
While Occupy’s strike against Wall Street (however defined) has predictably failed, the lawsuits against ridiculous NYPD tactics continue. They didn’t get the “fat cats”, but they’re still suing the “attack dogs.”
And the court process is moving at its own, slow pace…
* “There’s no future in working for Dewey & LeBoeuf,” but maybe if the firm’s few remaining employees can hold on for a little while longer, then perhaps they’ll be able to take home some bonus cash. [Am Law Daily]
* Doctors in Arizona are trying to block part of a new law that makes it a crime for physicians to perform abortions after 20 weeks of pregnancy. Well, somebody wasn’t paying attention in Con Law. [Bloomberg]
* All it took was an investigation by the Michigan Judicial Tenure Commission to get this judge to change his tune and apologize for throwing a lawyer in jail for the crime of representing his client. [WZZM]
* What do recent law school grads think about Yale Law’s new Ph.D. program? Most aren’t willing to spend the time or money to “resolve [their] next career crisis by going back to school.” [U.S. News & World Report]
* Come on, you’re not the 99 percent. Clinic members from NYU Law and Fordham Law wrote a report criticizing the NYPD’s response to the Occupy Wall Street movement. [Thomson Reuters News & Insight]
* Wait, law schools are slow to adopt something that may benefit their students? What else is new? Corporate compliance classes are few and far between, even though they could get you a job. [WSJ Law Blog]
* Obama’s win for health care reform didn’t result in a polling bump for him, but it did result in an even higher disapproval rating for SCOTUS, at least as far as Republicans are concerned… [POLITCO; CBS News]
* … which may be why Chief Justice John Roberts escaped to “an impregnable island fortress” to avoid the Right’s fury, criticism, and scorn as soon as he could after the ACA opinion dropped. [New York Times]
* “[W]e have learned from the mistakes that were made.” That lesson only cost a few billion dollars. GlaxoSmithKline will pay $3B in the largest health-care fraud settlement in U.S. history. [Wall Street Journal]
* After losing a bid to quash a subpoena, Twitter has to turn over info about an #OWS protester’s tweets. OMG, please respond to that thing in 140 characters or less. [Bloomberg]
* Unlike most recent law school grads, Yale Law’s Vanessa Selbst hasn’t been hedging her bets in bar prep classes. Instead, she went all in, played her cards right, and won $244K at the World Series of Poker. [ESPN]
* Divorce really does bring out the best in people. Alec Baldwin says that if given the chance, he would murder his ex-wife Kim Basinger’s lawyer “with a baseball bat.” Gee, tell us how you really feel. [New York Post]
* Only 44% of Americans approve of how the Supreme Court is doing its job, but that’s probably because the other 56% wouldn’t know what the Supreme Court was unless the justices were contestants on a reality show. [New York Times]
* Having nothing to do with the outcome of this Tenth Circuit appeal, apparently a juror in the underlying case had no idea when the First Amendment was adopted. As Bush II would say, is our children learning? [U.S. Tenth Circuit / FindLaw]
* Who’s going to win the “Super Bowl” of Android patent trials? Nobody. Judge Richard Posner has issued a “tentative” order which noted that both sides of the Apple/Google case ought to be dismissed. [Reuters]
* U. Chicago Law revolutionized the field of law and economics, but much to the school’s chagrin, everyone copied them. Now they’re thinking up new ways to do the same things. Gunners gotta gun. [Businessweek]
* Say hello to Mary Lu Bilek, the woman who’s been appointed as the new dean of UMass Law. Hopefully she’s not keen on using school credit cards for personal spending like the last dean. [Wall Street Journal]
* Occupy Wall Street protesters can’t sue NYC, its mayor, or its police commissioner, but they can sue the police. And with that news, “F**k tha Police” was sung in drum circles across the tri-state area. [Bloomberg]
* In a Supreme Court decision split across gender lines, prosecutors can now get a do-over on criminal charges without double jeopardy, even if an otherwise deadlocked jury unanimously rejected them. [New York Times]
* And yet another day ended without a verdict in the John Edwards campaign finance trial, but the jury asked to review every exhibit in the case. The former presidential candidate must feel like he’s being punk’d. [CNN]
* The DOJ found that two prosecutors in the Ted Stevens case committed reckless professional misconduct punishable by unpaid time off. Looks like they’ll be getting an extended Memorial Day break. [Blog of Legal Times]
* Hot on the heels of Obama’s announcement in support of gay marriage, yet another California judge has found that DOMA is unconstitutional (along with a provision of the tax code). [Poliglot / Metro Weekly]
* Occupy Wall Street is suing for $48K over the destruction of the group’s “People’s Library” after their eviction from Zuccotti Park. But let’s get real, who wants used books that reek like patchouli and pot? [Bloomberg]
* More than one million “de facto spouses” in Quebec may soon be automatically married by the state against their will. Imagine how much fun it’ll be to get a divorce from someone you never actually married. [Slate]
* Two waitresses who claim they were fired for complaining about their former employer’s “no fatties” policy will get to bring their $15M lawsuit before a jury. Hopefully Peter Griffin isn’t a juror. [Law & Daily Life / FindLaw]
* Is it time to make horse racing illegal? I mean, people only watch it once a year anyway. [Legal Blitz]
* I’m not sure what the point would be of dropping the LSAT requirement. So schools who can’t attract students who do well on the LSAT don’t get embarrassed by U.S. News every year? Oh wait, yeah that’s it. [LSAT Blog]
* Yeah, I’m pretty sure everybody who was ever let go by either Dewey or LeBoeuf is feeling pretty good right now. [Huffington Post]
* Honestly cannot deal with Occupy anymore. It’s an election year. How are these people not in a phone bank? [Dealbreaker]
In Morning Docket earlier today, we mentioned the New York judge who denied an Occupy Wall Street protester’s requests to invalidate the subpoena of his Twitter account. Sorry bro. It probably won’t make him feel any better, but the judge’s ruling in the case might go straight to the hall of instant judicial social media classics. (It’s only a matter of time before ESPN starts showing late-night replays for posterity.)
Apparently Judge Matthew Sciarrino is savvy to the hip Twitter set. One section of the ruling is filled with some awesome hashtag usage, and an informative social media footnote for those who haven’t gotten on the bus yet….
* Low prices. Every day. On everything. Except bribes. The NYT handed the feds an FCPA case against Wal-Mart on a platter, but the discount superstore might soon have a SOX problem to worry about. [Reuters]
* The John Edwards campaign finance trial is already off to a dramatic start. It seems that the prosecution’s key witness is just as shady as the former presidential candidate is alleged to be. [Boston Herald]
* An “abuse of process”? Looks like it’s time to #OccupyTwitter. A New York judge has approved a subpoena for tweets belonging to an Occupy Wall Street protester. [Bloomberg]
* And I am telling you, I’m not going — to help your case. Yesterday, Jennifer Hudson testified at the trial of the man accused of killing her relatives. Wonder if she took some tips from her fiancé, David Otunga. [CNN]
* “I decided to become a kidney donor to my boss, and she took my heart.” A lesson in why you should reconsider donating organs to your boss: you might get fired before the wound heals. [New York Post]
Yesterday I wrote about Justice Antonin Scalia delivering the distinguished Hugo Black Lecture at Wesleyan University. In my write-up of Justice Scalia’s remarks, I alluded to campusprotests held immediately prior to the speech. These protests, by a group calling itself the “Scalia Welcoming Committee,” were styled “Occupy Scalia” (a somewhat unfortunate moniker, in my view.)
I took some photographs and video footage of the protestors. Check these people out….
Justice Scalia speaking last night at Wesleyan University.
Last night, Justice Antonin Scalia delivered the prestigious Hugo Black Lecture at Wesleyan University, speaking in the university’s Memorial Chapel before a packed house. Wesleyan is an uber-liberal school — the basis for the movie PCU, about a very Politically Correct University — and Justice Scalia’s visit was preceded by campusprotests (dubbed “Occupy Scalia”). But I was pleasantly surprised by how respectful and appreciative the audience was of Justice Scalia’s deeply thoughtful and persuasive remarks; the protests during his speech were minor and clustered near the end.
I trekked up to Middletown from New York City to attend the lecture. What did Justice Scalia have to say? And what did the protests entail?
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: