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…
* 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]
* 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….
So if the firms are waiting for a personal invitation to announce their 2011 bonus payments, they should feel free to RSVP to this post. We’re ready for the bonuses now.
The firms aren’t scared, are they? They’re not worried about Occupy Wall Street protesters objecting to mere five-figure bonus news, are they? Haven’t the Occupy people proven that they aren’t even paying attention to the Wall Street lawyers?
So let’s get on with the process of spreading the wealth around Biglaw….
Mayor Michael Bloomberg can have his way with the Occupy Wall Street protesters. According to the Associated Press, Justice Michael Stallman of New York Supreme Court just shot down the Temporary Restraining Order sought by the protesters against Mayor Bloomberg.
November 15th, 2011, there was a riot in the streets, tell me where were you? While you were at home watching your T.V., I was participating in some anarchy.
Well, there wasn’t really a riot in the streets. And I wasn’t really participating in it so much as taking the 5 train to work today. But I did bump into some would-be Occupy Wall Street protesters looking to join the movement after the main group was evicted from Zuccotti Park under the cover of darkness early this morning. The people on the train asked for my legal advice.
I laughed — then told them I could do them one better. Let’s see if we can’t crowdsource a legal recourse for the Occupy protesters now that big bad Bloomberg has put his jackboot on the movement….
Dear police officers: next time you simply must beat unarmed protesters who are not threatening you, maybe you shouldn’t do it in front of a law school.
Many of you have heard about the beatings that took place at UC Berkeley’s Occupy Berkeley protests on Wednesday night. The police brutality wasn’t particularly brutal, so much as it was entirely uncalled for.
The Berkeley legal blog Nuts & Boalts sums up what should be the feeling of any person concerned about the laws of this country: “Regardless of how you feel about the Occupation, this behavior by police against unarmed, non-violent protestors is not only illegal, but is shameful.”
If you haven’t seen the video, it’s below. Just as disturbing as the actual footage is the facile message Berkeley Law students received before the event that was a warning that the police were going to be totally unreasonable about the situation….
* Herman Cain’s got Wood over all of these sexual harassment accusers. No, seriously. He hired Bryan Cave defector L. Lin Wood to handle his possible defamation claims. [WSJ Law Blog]
* Sad and depressing old man news: Joe Paterno’s legal innocence was irrelevant. Instead of letting him retire at the end of the year, the Penn State Board of Trustees fired him last night. [New York Times]
* A woman from Idaho with some real backwoods charm. What to do when your husband — a lawyer — plots to kill you? Stand by your man and blame the corrupt government. [ABC News]
* Tired of getting screwed? Mayor Bloomberg makes nice with the OWS people, congratulating them for “generally . . . not break[ing] the law.” What a sad great accomplishment. [New York Post]
* And this is why you don’t play games with your résumé, folks. Here’s some proof that next time you lie about being covered in Ivy, you’re going to get a wicked bad rash. [Boston Herald]
* If assignments like this appeared more often, I bet people would stop procrastinating so much and do their homework all day, every day (and then do it again for extra credit). [Arizona Republic]
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months, and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.
The evolution of relationships between the genders continues. Currently, in law firms, there is an interesting conundrum; balancing the desire for a gender-blind workplace where “the best lawyer gets the work and advances” and the reality of navigating the complicated maze created by the fact that, in general, men and women do possess differences in their work styles. These variations impact who they work with, how they work, how they build professional connections and how organizations ultimately leverage, reward and recognize the talents of all.
Henry Ford sat on his workbench and sighed. A year earlier, he had personally built 13,000 Model Ts with his own hands. Fashioning lugnuts and tie rods by hand, Ford was loath to ask for help. Sure, there were things about the car that he didn’t quite understand. This explains the lack of reliable navigation systems in the Model T. But Ford persevered because he knew that unless he did everything, he could not reliably call these cars his own.
“Unless my own personal toil is responsible for it, it may as well be called a Hyundai,” Ford remarked at the time.
The preceding may sound unfamiliar because it is categorically untrue. And also monumentally stupid. Henry Ford didn’t build all those cars by hand. He had help and plenty of it. Almost exactly one hundred years ago, Henry Ford opened up the most technologically advanced assembly line the world had ever seen. Built on the premise that work can be chopped up into digestible pieces and completed by many men better than one, the line ushered in an age of unparalleled productivity.
Today, an attorney refers business because he can’t do everything the client asks of him.
There are three reasons why this is way dumber than a made-up Henry Ford story…