* Obama is forfeiting $20,000 in solidarity with sequester victims. An excellent opportunity for right-wing hacks to complain about his vacations, as though Secret Service protection is supposed to be free. [Washington Examiner]
* Ken Cuccinelli is running for governor in a state that voted for Obama twice. So, obviously, he’s making a public show of his fight to reinstate a law used to harass gay people. [Washington Blade]
* Conrad Black, the media mogul who served three years in the federal pen, sits for an interview with California Lawyer magazine. Check it out (and earn California CLE credit). [California Lawyer]
* Two weeks from today, the Supreme Court will be hearing oral arguments on the Obamacare case. Everyone thinks Justice Kennedy’s vote will swing the Court, but Chief Justice Roberts isn’t about to let him steal his sunshine. [New York Times]
* Gaming post-graduation employment statistics: the Columbia Law School and NYU Law edition. It looks like it might be time to fire up the Strauss/Anziska machine for the top tier of our nation’s law schools. [New York Post]
* But speaking of Alston & Bird, some Floridians are complaining about the firm’s bill. $475 an hour for four partners and associates? You really need to stop, because you’re getting the deal of the century. [The Ledger]
* All your base are belong to… Rick Santorum? Error! Malfunction! Super Tuesday was not quite as super as Mitt Romney was hoping for. Looks like it’s time to reprogram the Mitt-bot so he can conquer the true conservatives. [CNN]
* Complete pwnage: a handful of LulzSec hacktivists were arrested after their leader, an FBI informant, turned on them. How will this affect the Anonymous movement? More importantly, who cares? [New York Times]
* No postponements for you, Casey Anthony. Try as she might, the acquitted ex-MILF just can’t escape the defamation lawsuit filed by a woman who was only supposed to be make believe. [Washington Post]
Montana Chief Judge Richard Cebull started the first day of the rest of his life today. The judge who sent around a racist and sexist email about Barack Obama and the president’s dead mother started the “damage control” process that will never really end.
Richard Cebull could emancipate slaves and everybody would still know he’s a racist. Obviously, his family and friends already knew he was racist, but now the general public gets to know. There’s nothing for it now. Whether or not he will still be allowed to have a job is pretty much all he can fight for.
And he is: he’s voluntarily asked the Ninth Circuit to review his conduct. And he’s written a letter of apology to President Obama — who is rapidly on his way to becoming the most poorly treated president in American history (even though the last one was openly thought to be mentally retarded, and the one before that was impeached for getting a BJ).
But we’ll get to all that. First, free of charge, I’m going to slow down long enough let everybody catch up to why the original letter was racist, and why sending the thing makes Cebull a racist, too….
We mentioned this last night in Non-Sequiturs, but it merits more coverage. Judge Richard F. Cebull, current chief judge for the District of Montana, admitted to forwarding a racially charged joke about President Barack Obama from his courthouse email account. Chief Judge Cebull, a graduate of the University of Montana Law School and a former federal magistrate judge, was appointed to the district court by President George W. Bush in 2001. One of the readers who brought this story to our attention described Cebull as “a good judge.”
A good judge who tells bad jokes. Let’s get to what you all want to know: What was the joke? And was it offensive, or funny, or both?
* Now prison inmates will literally be able to listen to the jailhouse rock. Dancing to it is a different issue. [USA Today]
* Why do students surf the web in class instead of taking notes? Probably because their professors are boring. [Legal Skills Prof Blog]
* The current Supreme Court justices have less time practicing law or working in politics than any other previous Supreme Court roster. But they have way more pillow fights. [Social Science Research Network via Instapundit]
* The chief judge of the U.S. District Court for the District of Montana emailed some friends a fairly offensive, racially charged joke about President Obama from his courthouse chambers. He will probably have to apologize. [Great Falls Tribune]
* “It’s like having a pace runner in a marathon: I don’t have to burn out running the 26.2 miles as fast as I can.” The only difference is that this new tool measures billable hours instead of miles. [ABA Journal]
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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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.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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