* With the Supreme Court talking about immigration today, let’s take a look at how all the SCOTUS justices got to America. [Reuters]
* In any event, except for Scalia, the Court looks like it’s going to find a reasonable way through the Arizona immigration mess. If you’re detained for something, cops can check your status, but they can’t just go out and ask people to show them their papers on the street. Scalia thinks, I don’t know, he sounds like he thinks we’re still living under the Articles of Confederation or something. [SCOTUSblog]
* You know, I think that in the end I don’t have a problem with LSAC raising fees to take the LSAT. I mean, the cost of law school is completely out of control, prospective law students have proven that they’ll pay any price for any thing. Remember I said this when I start charging $500,000 for “Elie’s Pre-Law Seminars,” which is just a DVD of me screaming at a ten-year-old for 30 minutes. [Balkinization]
* I don’t ever want to piss Alec Baldwin off. I’m serious. [Dealbreaker]
* I’m not sure these ways to stay sane in a “toxic” office would work in a toxic law office. Unless you add liquor. Alcohol lets you go toxic on them! [Forbes]
* I love that Rob Portman, the man who inspired a walk-out at Michigan Law’s Commencement, is thought to be a “safe” pick for Romney. But hey, this is the same party that thinks nominating a wealthier Bob Dole against a charismatic president who can keep it in his pants is going to work out for them. [Recess Appointments]
* Ann Romney doesn’t want to hear it, but there is a difference between working and working a paying job. [The Careerist]
* Should lawyers try journalism? I mean, sure. The job market in the industry is similarly crummy, and journalists make way less money than everyone except baristas and document reviewers. But it is a fun time, and it seems like most lawyers were journalism majors anyway. Go for it… [ Law and More]
* The Romney camp drops a bomb: Obama had a dog as a kid. Oh, wait. I misread that. Obama ate dog as a kid. Clearly, people who didn’t have the moral fortitude at six years old to reject the food their parents gave them are unfit to be president. [New York Post]
* Man, the presidential race is just at an apex of intellectualism today. Voters in Iowa just received a fundraising letter from Rick Santorum (who dropped out of the race, in case you just got out of prison), in which he wrote that Mitt Romney “truly frightens” him. Congratulations Rick, now you know how the rest of us felt about you. [ABC News]
* If you haven’t reserved your .xxx domain name yet, there is still time. They ain’t cheap, but I’m pretty sure ElieMystal.xxx is still available. Hell, who am I kidding. BikeDudeRomance.xxx probably is, too. [Law Technology News]
* Remember Phillip Closius, the former dean of University of Baltimore Law, who said the university was raiding the law school’s funds? Yeah, he was totally right. Just guess what percent of the law school budget was going to the rest of the university. Starts with “A” and rhymes with “dot.” [National Law Journal]
* The humanity! Oklahoma’s worst fears have come true; American judges are enforcing Sharia Law! Whatever are we going to do? There is no solution in sight — except to maybe stop overreacting… [CNN]
* Mitt Bot won in both Arizona and Michigan last night. Can we send Santorum back to the 16th century yet? [Washington Post]
* Twenty-five suspected members of Anonymous were arrested across Europe and South America. They ain’t anonymous anymore. [New York Times]
* Speaking of presidents, the Arizona and Michigan primary elections are today. I know folks on the coast often don’t pay too much attention to those middle-of-the-country states, but it will be interesting to see what the Illegal Immigration State and Crippled American Auto State have to say about our ragtag bunch of Republican presidential candidates. [New York Times]
* Emails published yesterday by Wikileaks appear to show that certain Pakistani military intelligence knew where Osama bin Laden was hiding in the months before Seal Team Six raided his garrison and killed him. I hope Wikileaks has juicier material in the pipeline? [Telegraph (U.K.)]
* Congratulations to Tony West, who will become acting associate attorney general, the No. 3 post in the Justice Department. [Chicago Tribune]
* Interesting report on tensions between the White House and the NSA, which has tried to get permission to monitor private web activity, perhaps at the expense of privacy. But Google knows everything you do on your computer, so why shouldn’t the government? [Washington Post]
* Florida: a place where people don’t care about your income tax returns. Mitt Romney dominated the state’s primary, grabbing all 50 of the delegates needed for the Republican nomination. [New York Times]
* Entry-level hiring might be down, but lateral hiring is being approached like an NFL draft. Biglaw firms want the best of the best, and if they have to poach partners to get what they want, they will. [Wall Street Journal]
* Paul Ceglia was ordered to pay Facebook’s legal fees, and now he’s crying over Gibson Dunn’s Biglaw price tag. Instead, he wants to pay podunk fees for his podunk town. [Bloomberg]
* Some cities in New Jersey don’t like pollution — they want to keep the trash down the shore. Hoboken’s mayor has denied MTV’s film permit request for Snooki and J-WOWW’s spinoff show. [New York Post]
Last week, you might have noticed a pop-up asking you to participate in our straw poll of potential Republican nominees. You were only supposed to see it once — if you saw it more than once, it’s because you hate cookies.
The poll was put together by a new member of our Above the Law team. Please welcome Brian Dalton, the new Director of Research at Breaking Media. He comes to us from Vault.com, where he was Director of Research & Consulting. Dalton will be putting together information for us at a statistically significant level. He’ll be telling you guys how you think.
With over 1,000 responses, we’re able to call the GOP primary and crown the lawyers’ choice among the candidates. Breaking news: it’s not Mitt Romney!
Well, I mean, Romney’s gonna win. Everybody knows that. But the guy lawyers want to win is very interesting. I’ll let Brian explain….
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: