Those working in the Biglaw world may think they’re living lifestyles of the rich and famous, but their prestige pales dramatically when compared to those working in the glittery world of Hollywood glamour. Let’s face the facts: rainmaking aside, being a behind-the-scenes ERISA or tax practitioner is nowhere near as fabulous as keeping Lindsay Lohan out of jail. Representing celebrity clients will catapult your name into the news and turn your practice into a household topic of conversation.
Those behind the entertainment law bar have worked with some of the most celebrated (and sometimes reviled) clients in the country, and in most cases, the world. Obviously, there should be some sort of a ranking to evaluate the top talent from this Hollywood throng of attorneys.
Luckily, the Hollywood Reporter has been in the rankings game for seven years, and this year’s list is no less entertaining than last year’s. Let’s check out the newly released list of the entertainment industry’s top 100 “power lawyers,” which we’ve dubbed the Hollywood 100….
You could make an entire Olbermann-like career just exposing the ridiculousness of legal education… I think.
A couple of days ago, we talked about how law schools are trying to increase revenue by offering “master of laws” degrees of questionable value. These programs are just the latest attempts by law schools to charge people for something without assessing their value in the marketplace for jobs.
The more traditional way for law schools to jack revenue out of students who want “extra” credentials is to offer LL.M. programs. We’ve talked about the low value of these programs before. In fairness, there are a couple of useful LL.M. programs. If you can match the degree with a specific employer who wants it, some programs can help. Note: you’ll want to ask the employer if it’s worth it for you to get the LL.M., not the law school administrator trying to get you to sign up and cut them a check.
But one of the scam bloggers has put together a list of LL.M. programs that you should almost certainly avoid at all costs. That seems more useful than arguing whether NYU or Georgetown has a better tax LL.M. program….
* NY Attorney General investigating fast food restaurants for shorting their employees. This is a worthwhile cause, but what he should be looking into is who ate the bones? [CNN]
* Two schools, University of Mary Hardin-Baylor and York College of Pennsylvania admit they gave false information to U.S. News resulting in better rankings. Those were their BETTER rankings? [TaxProf Blog]
* To keep “misleading statistics” in perspective, the Department of Education leveled one of its steepest fines on Yale for covering up multiple “forcible sex offenses” to keep its campus safety statistics down. [Chronicle of Higher Education]
* A measure of resource governance finds the U.S. has the second best governance of its oil, gas and mining sectors. Give yourself a hand regulators. And we’re gunning for you Norway! [Breaking Energy]
* The Honorable Felicia Mennin does not grasp how time works. Thinks artist should have been more conscious of the public fear surrounding the Boston bombings… back in February. [New York Times]
* Congratulations readers for helping the profile of a White House petition to reform student loan policy. Here are a couple more if you feel like making more reforms to the process… or at least more suggestions for reforms that will sit on someone’s desk. [Whitehouse.gov and Whitehouse.gov]
* Is political intelligence practice too risky? Is political intelligence an oxymoron? An interview with Robert Walker of Wiley Rein LLP after the jump [Bloomberg Law]
* “The only thing that can stop a bad guy with a gun is a bear cub with a gun. Or something.” [Bear Lawyer]
* Professor Nick Rosenkranz wonders if a 50/50 quota is appropriate to generate intellectual diversity at law schools since Harvard Law seems to think that gender diversity merits a 50/50 quota. The answer is no. Thanks for playing. [Volokh Conspiracy]
It’s a good thing lawyers love law school rankings, because there are tons of them. Every year, it seems like there’s a whole new crop of them. Aren’t you getting tired of them? No, of course not. You just want MOAR RANKINGS!
I have been thinking about how to explain the Am Law 100 rankings to a layman. Quite frankly, there is little use in trying to engage in a productive discussion of the rankings with colleagues. One segment of the Biglaw population is fixated on the fictional profits-per-partner figure, while another marvels at the “global reach” and exploding headcounts of the giga-firms. Some like to talk about the firms they interviewed with in law school, while others only care about the firms that have stronger resources in their practice areas. If you are in Biglaw, or hoping to be, you will come up with your own way of making sense of it all. Have fun.
What is more interesting to me is the following question: How can a normal person relate to this year’s Am Law 100 rankings? Put another way, if I was told that I was eligible for a large cash prize if I could explain the Am Law 100 chart to ten random strangers in a way that was compelling to them, what would I say?
* “Chim chim-in-ey, chim chim-in-ey. Chim chim cher-ee! A sweep of a law firm has found a body!” Dead body found in law firm chimney at Moody and Woolley Solicitors in England. [BBC]
* Reddit joins the new trend of writing terms of service that can be read by real-life people. [Associate's Mind]
* Defense Distributed, the arms dealer fronted by Texas law student Cody Wilson, announced today that they have completed a fully 3D printed gun, with the added benefit of avoiding metal detectors. Yay? [Gizmodo]
* A Howard Law School grad has set up a new business allowing companies to hire bike messengers through their smartphone. So now there’s an app for THAT. [DCist]
* Is the legal profession poised for a comeback? Not sure I buy the argument. Just because more litigation kicks up, doesn’t mean firms will go on a hiring spree because litigation doesn’t need a glut of associates anymore. Document management companies are smothering future associate jobs in the cradle and they’re not going anywhere. [TaxProf Blog]
Yesterday, we released the inaugural ATL Top 50 Law School rankings. A lot of us here worked really hard on it. I’d be lying if I said I wasn’t proud of the effort.
But I haven’t made my career based on liking things. I hate things. If anybody else released a new law school rankings, I’d be critical of it. There’s no reason I should give ATL special treatment.
No rankings are perfect — ours certainly aren’t — so we should talk about the problems. And I mean the real problems, not the stupid interview answer of, “I think my biggest weakness is that sometimes I try too damn hard.”
Let’s douse these new rankings in a cold shower of haterade….
As we mentioned in Morning Docket, the American Lawyer recently released its highly influential, closely watched Am Law 100 law firm rankings. They say that “slow and steady wins the race,” and with regard to economic recovery, Biglaw firms seem to have taken that up as their new motto.
Yes, partners are still living as large as they ever were, but their success now comes in the form of single-digit returns with regard to key financial metrics. The divide between the “haves and the have-nots” in the world of major law firms has grown to epic proportions, and some Am Law 100 staples have fallen out of the top hundred firms altogether. Welcome to the new normal.
Are you ready to get excited about “modest” and “spotty” gains across the board? Let’s dig in….
* The Obama administration asked the Supreme Court to wade into the constitutional contretemps of recess appointments, but if the high court refuses to take up the case, it may be back to the drawing board for the NLRB. [National Law Journal]
* The Am Law 100 law firm rankings are out, and it looks like there’s a new leader of the pack in terms of gross revenue. But which firm could it be? Not Skadden or Baker & McKenzie. We’ll likely have coverage on this later. [American Lawyer]
* Apparently the FBI wanted to continue questioning Dzhokhar Tsarnaev under Miranda’s public-safety exception, but a judge read the accused bomber his rights anyway. [Wall Street Journal (sub. req.)]
* “This case is over. Someone should put it out of its misery.” Be that as it may, New York’s attorney general is desperate to get AIG’s Maurice Greenberg on the stand at trial. [DealBook / New York Times]
* “I have had it with these motherf**king snakes in my motherf**king files!” This spring, clerks in this old Mississippi courthouse are finding more and more snakes filed under “Ssssssss.” [Associated Press]
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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…
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