Perks / Fringe Benefits

Morning Docket

Morning Docket: 03.23.17

* "You have been very much able to avoid any specificity like no one I have seen before. And maybe that’s a virtue, I don’t know. But for us on this side, knowing where you stand on major questions of the day is really important to a vote." Despite hours of questioning, Senate Democrats were unable to get Judge Neil Gorsuch to commit to any response beyond researched generalities. At this point, his confirmation seems inevitable. [New York Times] * Sure, Biglaw associates want their firms to be more progressive when it comes to flexible working arrangements, but that doesn't mean they feel comfortable taking advantage of the programs being offered. Per a survey conducted by the Diversity and Flexibility Alliance, only 8.8 percent of lawyers at firms with reduced hours policies actually work reduced hours. We'll have more on this later today. [Big Law Business] * Is this the end of the Swiss verein? While the legal structure has been adopted in almost every major cross-border law firm merger in recent memory, both of the last two transatlantic Biglaw tie-ups opted to use an entity called the company limited by guarantee (CLG). Apparently this legal structure is being favored for new law firm combinations because there are still questions about vereins' proper use. [Am Law Daily] * Dean Alex Acosta of Florida International University School of Law, a man who is better known these days as Trump's nominee to be the Secretary of Labor, not only says the fiduciary rule requiring retirement investment advisers to put their clients' interest first goes too far, but indicated that he may decline to defend a rule doubling the salary ceiling under which employees would be eligible for overtime pay. Ouch. [Reuters] * Now that Harvard Law has decided to accept applicants' GRE scores in lieu of their LSAT scores for admissions purposes, other law schools have decided to try the alternative exam on for size. Suffolk Law, for example, launched a study last week and offered students $100 to take the GRE. Suffolk's dean says that "the mad dash for the GRE is not being driven by declines in applications." Bless your heart. [Boston Globe]

By Staci Zaretsky