Could Biglaw See Another Associate Pay Raise — Followed By A Recession?
Another pay raise is possible; another recession is likely.
Another pay raise is possible; another recession is likely.
When it comes to diversity, it doesn't just get better; we must make a real and sustained effort.
With the addition of Uncover’s technology, the litigation software is delivering rapid innovation.
The 2009 layoffs that rocked the legal industry were brutal.
Managing partners, don't act like lemmings; don't follow Cravath if you can't afford it.
* Even if you are trying to be ethical, you just might fall into one of these pitfalls. [United States Law Week / Bloomberg BNA] * Chief Justice John Roberts unloaded some Microsoft stock so he can hear the Xbox 360 case. [Associated Press] * Sex toys really can bring us closer together: longtime rivals reach agreement over sex toy patent. [Law360] * The U.S. may be "importing a recession," but at least bankruptcy lawyers will make out. [Law and More] * Unable to attend this year's Legaltech conference? Here's what you missed. [Business of Law Blog] * You shouldn't feel bad about offending some people. [Associate's Mind] * Leaving Biglaw once you have kids -- but not in order to play with the baby 24/7. [Hire an Esquire] * Check out the latest podcasts on Legaltech 2016. [CodeX]
Which group of professionals has had the most trouble getting back into the workforce after the recession?
LexisNexis sat down with John Ursin, Managing Partner at Schenck Price, to learn how the firm is using legal AI to strengthen client service and daily legal work.
Bruce MacEwen discusses one apprenticeship that seems to be working for law school graduates.
* A three-judge panel of the Tenth Circuit seemed a bit torn as to the constitutionality of Utah’s same-sex marriage ban during oral arguments yesterday. This one could be a contender to go all the way to the Supremes. [New York Times] * Another concussion lawsuit has been filed against the National Hockey League by a group of former players, this time alleging a culture of “extreme violence.” The pleadings are a bit… odd. We’ll have more on this later today. [Bloomberg] * “We’re not going back to 2006 anytime soon,” says NALP executive director Jim Leipold. The legal sector lost lots of jobs in the recession, and they’re not likely to come back. Happy Friday! [National Law Journal] * It’s never too soon to start writing your law school application essay. Please try not to bore the admissions officers — make sure you have a “compelling” topic. [Law Admissions Lowdown / U.S. News] * Katherine Heigl (remember her?) probably needed some cash, so she filed a $6M lawsuit against Duane Reade for posting a picture of her carrying one of the drugstore’s bags on Twitter. [Hollywood Reporter]
* A bipartisan immigration reform bill made its way through the Senate Judiciary Committee and will head to the Senate floor. Of course, the amendments in support of gay marriage didn’t make it in, but that may be moot soon anyway. [CNN] * IRS official Lois Lerner may not be very “good at math,” but at least she seems to know the basic principles of constitutional law. She’ll invoke her Fifth Amendment rights before the House Oversight Committee today. [Politico] * The D.C. Circuit ruled that the top secret Osama bin Laden death photos will remain top secret, but the internet’s desperate cries of “pics or it didn’t happen” will live on in our hearts. [Thomson Reuters News & Insight] * Attention naysayers: it may be time to face the music. According to the latest Altman Weil survey, most law firm leaders think all of these fun recession-driven changes are here to stay. [Am Law Daily] * Twenty-two law firms are banding together to fight against fraudulent financial products on a worldwide scale. It’s too bad this legal alliance didn’t exist before the Bernie Madoff scandal. [New York Times] * It looks like New Jersey may soon be hopping aboard the pro bono work before bar admission train. You better hope you get your clinic placements in order, people. [New Jersey Law Journal (sub. req.)] * The results for the February 2013 bar exam in California are out, and they’re frightening. It’s time to try that acting thing again, because only 41 percent of all test takers passed the exam. [The Recorder] * Jodi Arias is now begging jurors to allow her to live out the rest of her days in prison. She wants to contribute to society by painting, recycling, and… not slashing additional throats. Lovely. [Fox News]
* “Given health care, I don’t care if he speaks in tongues.” Chief Justice John Roberts botched Barack Obama’s presidential oath at his first inauguration, but this time he managed to get it right. [New York Times] * What was more important to Justice Sonia Sotomayor than swearing in Joe Biden as VP at noon on Sunday? Signing books at Barnes & Noble in New York City. Not-so wise Latina. [Los Angeles Times] * D.C. Biglaw firms — like Holland & Knight, Covington, K&L Gates, and Jones Day — allowed others to bask in their prestige at their swanky inauguration parties. [Capital Business / Washington Post] * It’s been 40 years since SCOTUS made its ruling in Roe v. Wade, and this is what we’ve got to show for it: a deep moral divide over women being able to do what they want with their own bodies. [Huffington Post] * The latest weapon in the fight against terrorism is the legal system. The Second Circuit recently issued a major blow to those seeking to finance militant attacks in secret. [Thomson Reuters News & Insight] * “Firms don’t just hire a body anymore.” The 2012 BLS jobs data is in, and if you thought employment in the legal sector was going to magically bounce back to pre-recession levels, you were delusional. [Am Law Daily] * Three months have come and gone since Hurricane Sandy rocked law firm life as we know it in Manhattan, but firms like Fragomen and Gordon & Rees are still stuck in temporary offices. [New York Law Journal] * This seems like it may be too good to be true, but it looks like New York’s chief judge may be on board to grant law students bar eligibility after the completion of only two years of law school. [National Law Journal] * Law professors may soon be in for a nasty surprise when it comes to their salaries if their schools follow Vermont Law’s lead and remove them as salaried employees, paying only on a part-time basis. [Valley News] * Resorting to a life of crime in order to pay off your law school debt is never a good thing — unless you’re doing it while waring a Bucky Badger hat. We’ll probably have more on this later. [Wisconsin State Journal]
Law firms and legal departments are writing the future of the profession in separate rooms. What happens when they actually work together?
Are the reports of Biglaw’s death greatly exaggerated? In-house columnist Mark Herrmann shares his thoughts on whether times have permanently changed for Biglaw firms.
Are start dates for first-year associates at major law firms back to normal, i.e., where they were before the Great Recession? And what about the class sizes for entering associates?
* Patton Boggs partner Benjamin Ginsberg serves as the Mitt Romney campaign’s top lawyer, and he’s taking flak for GOP rules revisions that have been likened to “killing a fly with a sledgehammer.” [Am Law Daily] * “I am still shocked that I did everything right and find myself on the brink of destitution,.” This just in from the Things Everyone Already Knew Desk: even law firms have been hit hard by the recession. [Washington Times] * The lead lawyer in the inquisition against Madam Justice Lori Douglas turned in a resignation letter. Perhaps he grew tired of being part of judicial farce that’s spread wider than Her Honor’s legs. [Canadian Press] * Penn State Dickinson School of Law might not be losing its accreditation, but it will be reducing enrollment and consolidating all first-year classes at its University Park campus. [Central Penn Business Journal] * A would-be law student wants to know if he has a good chance of getting into a top 20 school with a low 150s LSAT and an average GPA. You’ll get in everywhere you apply! [Law Admissions Lowdown / U.S. News] * Roger Fisher, Harvard Law School professor and co-author of “Getting to Yes,” RIP. [WSJ Law Blog]
Who is at fault for the Dewey debacle? Above the Law readers speak out.
Elie Mystal is at the 2012 National Association of Law Placement conference. Every year, NALP tells conference attendees the trends in legal hiring. This year, the numbers are worse than ever! And that’s the good news....