Now, I don’t consider myself the most religious person you’re likely to meet. But I’ve had my fair share of Judeo-Christian indoctrination. And there is one phrase that has always stuck with me: “There but for the grace of God go I.”
Sure, I mostly remember the phrase as my Nana would cluckingly utter it, in a tone that seemed far less Christian than a strict textual interpretation might suggest, but the point remains. Sometimes it is necessary to appreciate the dumb luck and seemingly small and inconsequential decisions that separate your good fortune from those with far less.
That is certainly how I feel about the poor, dumb bastard who had the audacity to take on Biglaw….
* Earlier this week, Verizon faced off against the Federal Communications Commission in a net neutrality battle royal before the D.C. Circuit. Next time, make FiOS work before trying to get a do-over on the way the internet runs. [New York Times]
* “I see my job as an air traffic controller. And I see an unending line of airplanes.” Federal judges are buckling under the heavy weight of their caseloads, and from the sound of it, they’re not at all happy about the situation. [National Law Journal (sub. req.)]
* Which Biglaw firms strike the most fear into the hearts of their opponents when it comes to litigation? One firm got the boot from last year’s list, and we’ll have more on this later today. [Law360 (sub. req.)]
* Duane Morris is the first U.S. firm to open an office in Myanmar on some prime real estate. Be jealous of their associates as they bask in the splendor of its beautiful architecture. [Philadelphia Business Journal]
* A trio of Quinn Emanuel partners, including John Quinn himself, teamed up to open a high-class sushi joint in L.A. If he waits tables, he’ll definitely need someone to break a hundred. [Am Law Daily (sub. req.)]
* The Sixth Circuit affirmed the dismissal of a former student’s suit against Thomas M. Cooley Law School, and now he’ll have to live with shame for all eternity after being branded a cheater. [Law360 (sub. req.)]
* Strippers aren’t independent contractors, they’re employees entitled to minimum wage, says a judge. Taking off their clothes for only $7.25 an hour will do wonders for their self-esteem. [New York Daily News]
* Lady Gaga is being taken to trial over the wage-and-hour lawsuit filed by her former personal assistant. We wonder if the pop star will be as foul-mouthed on the stand as she was in her deposition. [ABC News]
Back in September, we declared that Lil Wayne was the best celebrity deponent of all time, but now we may have to take back that title and hand it over to Lady Gaga, who recently proved herself to be a gigantic bitch on the record in sworn deposition testimony.
In case you were unaware, Lady Gaga is the queen of all things fabulous. She can get away with wearing things — like dresses made entirely of meat, plastic bubbles, and Kermit the Frogs — that not even Madonna would consider. Her little minions monsters span the globe, and will jump to defend her highness at a moment’s notice. Her lyrics are powerful and awe-inspiring, and she’s a major proponent of gay rights, worldwide.
And last, but certainly not least, she’s a true New Yorker, as is evidenced by the f**k-laden deposition transcript that the New York Post got its grubby little hands on….
When I visited New York back in January, I stayed with some friends. When I woke up Saturday morning on the couch, my buddy and his roommate had already taken out their laptops and were typing away. I asked, “What are you guys doing today?” They both responded, “Working.”
I could not believe it. It was a surprisingly warm winter day. And my friends decided to remain cooped up in their literally windowless Manhattan apartment. Why wouldn’t they go outside? Go to park, or a bar for some day drinking.
But that’s America. We are always connected, always on call, and ignoring your BlackBerry for more than 90 minutes may be a fireable offense.
It wasn’t always this way. And there are some heretics among us who make a compelling case for a return to the 40-hour work week. Before you shoot the scruffy Californian, hear me out….
As we mentioned in Morning Docket, a San Francisco appeals court decided that law clerks still waiting to pass the bar are ineligible for overtime pay.
Oh, I know struggling law grads out there are eager to wring every last penny they can out of their employers. But if you step back and think about it, paying law clerks overtime is just stupid. The nature of the work doesn’t lend itself to an overtime compensation structure — to say nothing of the fact that the client who paid time-and-a-half for “overtime” legal work would be the dumbest client ever.
Sorry, law clerks. Even though many of you don’t use it, you guys have way too much independent discretion to get overtime….
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: