I’m somewhat reluctant to criticize other people’s bad financial decisions, having made so many atrociously dumb decisions in my own life. My financial stupidity isn’t even in the past tense — I have a brand-new PS4, but I’m waiting until the new year when my Flexible Spending Account resets to go to the doctor.
On the other hand, sometimes it takes an idiot to spot an idiot (I just made that up). At the very least, I’m somewhat uniquely qualified to identify which financial mistakes are “common” among the financially illiterate, versus the mistakes that take a special kind of dumb.
There are a few articles making the rounds today: there’s a Salon article trying to explain why law schools are comfortable scamming their students, and there’s a Forbes article making the stupid “now is a good time to go to law school” argument (which should make smart people roll their eyes). We’ve been down those roads before.
But we also have an article from a guy who says law school was the start of his financial downfall. He doesn’t blame law school, which is good, because I’m pretty sure he’s got nobody else to blame besides himself. And maybe his ex-wife….
South Park metaphorically linked the 2004 election to a matchup between a turd sandwich and a giant douche. As bad as the Bush era had become, John Kerry came across as such a self-righteous tool it was hard to get swing voters psyched up to vote one way or the other. I think of this episode today as I approach the tale of two lawyers sniping at each other over Facebook about whether a woman deserves to have her parental rights terminated. It’s not that I think either is really wrong, as much as both of them exhibit the worst of their respective positions in their online feud.
So what did one entitled Biglaw lawyer say about a poor client, and what did a self-righteous public interest lawyer say in response? All bets final once you read past the jump….
The kids here only look this happy because there are strippers off camera.
A mom reportedly hired strippers to show up at her 16-year-old’s birthday party, and she’s being charged with a crime. This is why we can’t have nice things. Shouldn’t kids learn how to objectify women in a controlled and safe environment with adult supervision, or do you really want them learning that stuff out on the street from Hannah Montana?
New York mom Judy H. Viger allegedly hired strippers to perform at the bowling alley where her son was having his party. The strippers allegedly performed lap dances. Viger was charged with child endangerment; her lawyer claims that she will cop to a plea. Child endangerment!
Like “I’m going to beat you with this switch” endangerment, only instead of a switch the kids got hit with fake stripper boobs….
Quick question: when is your child no longer a “child,” so that you are not legally obligated to support the bugger when you are a non-custodial parent?
If you answered “over 18,” you might be wrong, depending on your state. Some states require you to pay child support for college expenses even after your kids are no longer minors. Sounds “enlightened,” doesn’t it? I’m sure it does if you are a university president who enjoys charging as much as possible for tuition. I’m telling you, birth control is the biggest bargain in the world.
A decision last week will take one state off the list of those with an extended definition of childhood. The decision can be looked at in a lot of ways: it’s a strike against the extended childhood of millennials, while at the same time registering as a shot to single parents trying to do their best for their children. And the decision is penned by a wackadoodle judge who probably thinks this will help Jesus in his eternal quest to keep people locked into loveless marriages.
* For everyone at the midway point of a bar exam: Here… [Dinmoney]
* Naked selfies: Not just for Carlos Danger anymore. A female police officer uses her workday to post naked pictures of herself. [Legal Juice]
* Speaking of NYC politics and placing Weiners where they don’t belong, Professor Lawrence Cunningham argues that Eliot Spitzer would be a horrible Comptroller based on his record as New York Attorney General. Cunningham then lists every reason Eliot Spitzer was an awesome Attorney General. [Concurring Opinions]
* An appeals court has upheld the ruling that killed Mayor Bloomberg’s large sugary soda ban. Drink up, fatasses! It’s your right as an American. In the meantime, check out this argument over whether the decision contains a curious paradox [PrawfsBlawg]
* The Sixth Circuit affirmed an earlier decision dismissing a suit brought by Cooley grads. But they did not repeat the classic, “an ordinary prudent person would not have relied on [Cooley's] statistics to decide to spend $100,000 or more.” [ABA Journal]
* After winning Survivor, Cochran has decided to turn his law degree into the most expensive TV screenwriting degree ever. He’ll be penning a sitcom this Fall. [St. Louis Today]
* Susan Westerberg Prager, the incoming dean of Southwestern Law School, is the first female dean of a law school… again. [Chronicle of Higher Education]
* As someone without kids, I find this fascinating. Popehat has a poll asking readers their thoughts on monitoring the electronic communication of their middle schoolers. As a parent, are you more Edward Snowden or J. Edgar Hoover? [Popehat]
Ultimately, I think the price is right — you’ve got all the amenities of living at home that you wouldn’t have otherwise. The washer and dryer at your place, the full kitchen all the time, and you’re not living that rugged lifestyle. You get to eat steak and not ramen.
Every now and again, attorneys email into Dear Prudence over on Slate and ask the columnist for advice. Then we here at Above the Law read that advice and offer our own, unsolicited versions. It’s fun. It’s like being a know-it-all at a beer garden when somebody mutters “I’ll have a Sam’s” when there’s Goose Island right there on tap.
Today, we have an embarrassment of riches; two attorneys have appeared in recent Dear Prudence columns. They sound entitled and confused, suspicious but trusting, fun for the whole family…
I am a lucky guy. I have two true partners in life: my mother and my wife. They each contribute to my happiness in different, but equally vital, ways. To them, I wish a Happy Mother’s Day.
Even though my mom does not know I write this column. When I write things related to my legal practice, I try and send her copies. But she is relatively new to email, and she is always busy between her kids and growing collection of grandchildren. I am not sure she reads what I send her. Nor is she that impressed with any of my career accomplishments. But that is fine, and truth is, she needn’t be. That is not the standard, just as my career accomplishments are not my standard for success in life. It is more important that she take pride in the family I have built, as that is truly my life’s work.
I am not qualified to talk about what being a mom in Biglaw is like (father, yes, as I have been a father for my entire Biglaw career). From observation, being a mom in Biglaw looks very difficult. It is one thing if you are a partner with teenage kids, and you went to law school after your kids reached grade-school age. Biglaw partner moms are generally a rare breed. What I see more often are associates and junior partners struggling to balance the demands of having and raising children with trying to advance in Biglaw. Very rarely are both objectives accomplished. I have tried to think about how I would feel if I was in such a situation. Unsuccessfully. Honestly, even if I was married to Oprah, I could never see myself playing stay-at-home dad, or even having primary responsibility for the children while trying to have a legal career. So I respect the mothers out there that are at least trying….
Elie’s story earlier today about Cynthia Wachenheim, a Columbia Law School graduate and New York court attorney who took her own life and almost killed her infant son, has generated a lot of controversy. See, for example, the more than 100 comments on the original story.
Here at Above the Law, we believe in providing a wide range of viewpoints on different issues. Keep reading for a detailed and heartfelt message from a friend of Wachenheim who provides a counterpoint to Elie’s point of view….
The holiday season is upon us, and yet again, you have no idea what to get for the fickle lawyer in your life. We’re here to help. Even if your bonus check hasn’t arrived yet, any one of the gifts we’ve highlighted here could be a worthy substitute until your employer decides to make it rain.
We’ve got an eclectic selection for you to choose from, so settle in by that stack of documents yet to be reviewed and dig in…
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: firstname.lastname@example.org.
We currently have a very exciting and rare type of in-house opening in China at one of the world’s leading internet and social media companies. Our client is looking for an IP Transactional / TMT / Licensing attorney with 2 to 6 years experience. The new hire will be based in Shenzhen or Shanghai. Mandarin is not required (deal documentation will be in English) but is preferred. A solid reason to be in China and a commitment to that market is required of course. This new hire will likely be US qualified (but could also be qualified in UK or other jurisdictions) and with experience and training at a top law firm’s IP transactional / TMT practice and could be currently at a law firm or in-house. Qualified candidates currently Asia based, Europe based or US based will be considered. The new hire’s supervisors in this technology transactions in-house team are very well regarded US trained IP transactional lawyers, with substantial experience at Silicon Valley firms. The culture and atmosphere in this in-house group and the company in general is entrepreneurial, team oriented, and the work is cutting edge, even for a cutting edge industry. The upside of being in an important strategic in-house position in this fast growing and world leading internet company is of the “sky is the limit” variety. Its a very exciting place to be in China for a rising IP transactional lawyer in our opinion, for many reasons beyond the basic info we can share here in this ad / post. This is a special A+ opportunity.
If your firm is in ‘go’ mode when it comes to recruiting lateral partners with loyal clients, then take this quiz to see how well you measure up. Keep track of your ‘yes’ and ‘no’ responses.
1. Does your firm have a clearly defined strategy of practice groups that are priorities of growth for your office? Nothing gets done by random chance, but with a clear vision for the future. Identify the top practice areas for which you wish to add lateral partners. Seek input from practice group leaders and get specifics on needs, outcomes, and ideal target profiles.
2. In addition to clarifying your firm’s growth strategy, are you still open to the hire of a partner outside of your plan? I’ve made several placements that fit this category. The partner’s practice was not within the strategic growth plan of my client, but once the two parties started talking with each other, we all saw how it could indeed be a seamless fit. Be open to “Opportunistic Hires.” You never know where your next producing partner might come from, so you have to be open to it. I will be the first to admit that there is a quirky element of randomness in recruiting.
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