* Wait, auditors agree that auditor letters are pretty much a waste of time, but they still want them anyway? As I learned in Civ: “The only thing that saves us from the bureaucracy is inefficiency.” [Going Concern]
* Yes, the legal world is still buzzing because one of the nine most powerful people in America deigned to utter a few words in court. I hope Thomas appreciates that his obituary is going to prominently include references to his confirmation hearings and his well documented muteness. [ZombieLaw]
* This Die Hard director picked a bad day to try hard to stay out of jail. [The Hollywood Reporter]
* You know, there are laws against firing pregnant people. [Pregnant and Fired]
* Bottom line, I don’t want to be on the side of praising SEC enforcement actions. [National Law Journal]
* I hope Obama is well armed, because the only thing that stops a politician in the pocket of the gun lobby are the people holding their votes to the heads of their Congressmen. [Blog Briefing Room / The Hill]
* Same-sex marriage should be legal because gay people should be allowed to save money too. [The Atlantic]
The SEC is probing Netflix for posting company milestones on Facebook. Calling Facebook a non-public forum sounds crazy, it’s just one more instance of the SEC failing to grasp modern technology.
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Alston & Bird, Biglaw, Blogging, Bloomberg, David Boies, Health Care / Medicine, Law Schools, Mergers and Acquisitions, Money, Non-Sequiturs, Ruth Bader Ginsburg, SCOTUS, Securities and Exchange Commission, Securities Law, Supreme Court, Ted Olson
* As soon as Mary Schapiro announced she was stepping down as chairwoman of the SEC, Obama nominated another woman to take her place. Congrats to SEC Commissioner Elisse Walter! [WSJ Law Blog]
* In other breaking news that no one will care about now that bonus season is upon us, Justice Ruth Bader Ginsburg swapped out her neck doily for a blingy necklace from Glamour. [Josh Blackman’s Blog]
* You know what the ancient Romans would’ve hated more than watching the fall of the Roman empire? The Citizens United decision. Cato, Cicero, and Julius Caesar wouldn’t have been impressed with this. [Slate]
* Why go to law school if you’re already doing well financially? Perhaps you’re just another prestige hunter. If you are, then all the better for you, because that seems to be what all of the law schools are selling these days. [Inside the Law School Scam]
* Don’t cry for Argentina: they may be in the middle of a billion-dollar bond dispute, but the uber-prestigious lawyers on either side of the case (Boies; Olson) are enough to make you forget about their troubles. [Reuters]
* A Biglaw attorney from Alston & Bird with a rare sleep disorder confronts Big Pharma and… doesn’t win. At least not yet. But on the bright side, she’s not sleeping for 18 hours anymore. [The Last Word on Nothing]
* We’re honored to announce that Above the Law was named as one of the ten law blogs in the ABA Journal’s inaugural Blawg 100 Hall of Fame. Please click here if you’d like to help us win again this year. [ABA Journal]
* After the jump, Bloomberg Law’s Lee Pacchia speaks with a Bill Lawlor, a Dechert partner, who claims that “hope springs eternal for M&A attorneys.” Will the mergers and acquisitions market begin to boom once again?
* Should attractive women in the legal profession be offended when complimented on their appearance? Or should they instead engage in “the strategic use of their own sexuality,” to quote the New York Times (citing a federal judge)? [Shatter the Glass Ceiling]
* Speaking of attractive women lawyers, what do people think of when they think of Megyn Kelly? [New York Magazine]
* MOAR RANKINGS — this time of the most influential law reviews. Yeah, you know you wanna click. [Witnesseth via Tax Prof Blog]
* Everything’s bigger in Texas — including the allegations of prosecutorial misconduct. [Dallas Morning News]
* In other news of alleged government misconduct, a former member of the SEC’s inspector general’s office claims that the place was rife with sexual tension and professional backstabbing. [Thomson Reuters News & Insight]
* Might a strip club be a more hospitable workplace than the SEC? Strippers just secured a $13 million settlement in a wage-and-hour class action lawsuit. [In House / Findlaw]
* George Washington University has been stripped of its U.S. News college ranking. The law school appears safe. [Tax Prof Blog]
* Now students can get in trouble for bullying their teachers. Teachers, people! TEACHERS CAN’T STAND UP TO THE MEAN SCHOOL KIDS WITHOUT A LAWSUIT. [The Volokh Conspiracy]
* Just to be clear, Antonin Scalia would not be on the side of the secessionists. [New York Personal Injury Law Blog]
* So the accuser of Kevin Clash, voice of Elmo, recanted and said that he was a consenting adult when he was with Clash. It’s great to know that Elmo is getting barely legal ass. [Huffington Post]
* FCPA! Guidance! This is WAY MORE INTERESTING than Petraeus and the Kelley sisters. [WSJ Law Blog]
* For those of you who saw Capturing the Friedmans, here’s an update on the ongoing proceedings. [WiseLawNY]
Hurricane Sandy may bring out scammers looking to take advantage of people suffering through the disaster. Watch out!
What did the Second Circuit have to say about Judge Jed Rakoff’s rejection of the SEC’s settlement with Citigroup? Let’s say they’re not huge fans of his legal analysis.
Biglaw, California, Divorce Train Wrecks, Election 2012, Food, Hotties, Jed Rakoff, Morning Docket, Old People, Pornography, Pregnancy / Paternity, Securities and Exchange Commission, Technology, Women's Issues
* Rick Perry’s motion for a temporary restraining order over the printing of Virginia’s primary ballots without his name on them has been denied. Damn all of those unelected, activist judges! [Bloomberg] * Jed Rakoff isn’t the only one with cojones big enough to challenge the SEC. Wisconsin Judge Rudolph Randa fell right in line, […]
2nd Circuit, Biglaw, Divorce Train Wrecks, Holidays and Seasons, Jed Rakoff, Morning Docket, Nude Dancing, SCOTUS, Securities and Exchange Commission, Social Networking Websites, Supreme Court, Twittering, Women's Issues
* How many of these suggested New Year’s resolutions should the members of the Supreme Court consider following? Eight out of ten resolutions wouldn’t be too shabby. [Huffington Post] * Like a virgin, detained for the very first time: thanks to this court order, Egypt will be forced to come out of the dark ages […]
Biglaw bonuses this year were insane. In an industry that usually plays “follow the leader” when it comes to associate bonuses, this year felt more like a poker tournament.For a full recap of the 2014 bonus season, fill out this brief form and receive ATL’s Biglaw Bonus Poker infographic.
* A man on trial for sex crimes at a Minnesota courthouse allegedly shot three people yesterday, including prosecutor Timothy Scannell. Guess it’s time to get a metal detector. [Duluth News Tribune] * Instead of trying to force Citigroup’s hand on a tougher settlement, the SEC is appealing Judge Rakoff’s rejection of the original. Don’t […]
* Should the Supreme Court be forced to televise oral arguments? Yes, but only on the condition that we get spin-off shows called Wise Latina Justice and Ruthie’s Law. [WSJ Law Blog] * Rod Blagojevich won’t get leniency during sentencing. He’ll spend the next week lamenting the fact that can’t brush his beautiful hair like […]
Abortion, Bankruptcy, Biglaw, Constitutional Law, Dewey & LeBoeuf, Health Care / Medicine, Insider Trading, Lindsay Lohan, Money, Morning Docket, SCOTUS, Securities and Exchange Commission, Supreme Court
* Yet another appeals court has has ruled that Obamacare is constitutional. Aww, can’t we wait for the other side to catch up a little before it goes to the Supreme Court? [Wall Street Journal] * How did it go for this controversial ballot initiative? As it turns out, the personhood amendment was so stupid […]
A few years ago, the law firm of Nixon Peabody came up with a catchy jingle to celebrate its own fabulosity. You can listen to the song here, in case you’ve never heard it. The chorus went as follows: “Everyone’s a winner at Nixon Peabody!” Alas, a recent lawsuit filed against Nixon Peabody by a former partner at the firm, David Tamman, does not put the firm in a very winning light. Instead, it just makes everyone look bad….
Celebrities, D.C. Circuit, Douglas Ginsburg, Federal Judges, Feeder Judges, Intellectual Property, Law Schools, Madonna, Non-Sequiturs, Religion, Securities and Exchange Commission, Trademarks, Wall Street
* Judge Douglas Ginsburg (D.C. Cir.) is taking senior status and joining the NYU Law faculty. Query how this will affect his feeding (and no, we’re not talking about New York versus D.C. restaurants). [The BLT: The Blog of Legal Times] * “Two Examples of Things Not to Say When You’re at Your Local IRS […]
* What can law firms learn from Folgers crystals? Maybe how to provide legal services rich enough to be served to America’s finest corporations. [What About Clients?] * A look at what $100,000 in law school loans could have purchased instead — e.g., 505,050 chicken nuggets from Wendy’s. [Constitutional Daily] * What kind of “reasonable […]
* The Kardashians may be “America’s rightful overlords,” as Marin so memorably put it, but even they must respect intellectual-property laws. [Fashionista] * Congratulations to the Best LGBT Lawyers Under 40 (class of 2011). Perhaps you know some of the inductees? [National LGBT Bar Association] * In less cheerful LGBT news… another day, another Republican […]
* The bionic lawyer is coming. [CNET] * Hell hath no fury like a woman scorned. [Not So Private Parts/Forbes] * Thank God somebody in Georgia understands the difference between Goth kids and murderers. [Siouxsie Law] * The headline on this Pabst v. SEC story is worth the click. [WSJ Law Blog] * Mitt Romney […]
* J’Accuse…! The S.E.C. has, so far, been operating on a Lone Frenchman theory in regard to mortgage securities fraud at Goldman Sachs. [New York Times] * This article suggests that the dumb question of the 21st century is “Is it legal?” I suggest the honor go to “F**king magnets, how do they work?” [CBS […]