SEC
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NYSE, Securities and Exchange Commission, Securities Law, Social Media, Social Networking Websites, Technology
SEC's Netflix Probe Is No Blockbuster
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. -
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
Non-Sequiturs: 11.26.12
* 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? - Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so… -
Non-Sequiturs
Non-Sequiturs: 11.19.12
* 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]
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Antonin Scalia, Department of Justice, Education / Schools, Movies, Non-Sequiturs, Securities and Exchange Commission, U.S. News
Non-Sequiturs: 11.14.12
* 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] -
Crime, Department of Justice, Disasters / Emergencies, Securities and Exchange Commission
In The Aftermath Of Disaster, The Scam Artists Come Out
Hurricane Sandy may bring out scammers looking to take advantage of people suffering through the disaster. Watch out! -
2nd Circuit, Benchslaps, Citigroup, Federal Judges, Jed Rakoff, Quote of the Day, Securities and Exchange Commission, Wall Street
Benchslap of the Day: Second Circuit Rebukes Rakoff
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
Morning Docket: 12.30.11
* 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, […]
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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
Morning Docket: 12.28.11
* 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 […]
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Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use. -
Guns / Firearms, Law Firm Mergers, Law Schools, Morning Docket, Murder, Securities and Exchange Commission, Unemployment, Violence
Morning Docket: 12.16.11
* 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 […]
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FDA, Hair, Morning Docket, Pictures, SCOTUS, Securities and Exchange Commission, Sentencing Law, Sex, Shoes, Supreme Court, Television, Women's Issues, You Go Girl
Morning Docket: 12.07.11
* 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 […]
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Abortion, Bankruptcy, Biglaw, Constitutional Law, Dewey & LeBoeuf, Health Care / Medicine, Insider Trading, Lindsay Lohan, Money, Morning Docket, SCOTUS, Securities and Exchange Commission, Supreme Court
Morning Docket: 11.09.11
* 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 […]
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Biglaw, Lawsuit of the Day, Partner Issues, Securities and Exchange Commission, Securities Law
Lawsuit of the Day: Everyone's A Loser in Tamman v. Nixon Peabody
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
Non-Sequiturs: 09.02.11
* 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 […]
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The Business Case For AI At Your Law Firm
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
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Legal AI: 3 Steps Law Firms Should Take Now
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
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American Constitution Society (ACS), Ann Althouse, Fast Food, Law Schools, Money, Non-Sequiturs, Securities and Exchange Commission, Student Loans, Technology
Non-Sequiturs: 08.26.11
* 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 […] -
Craigslist, Food, Law Professors, Law Schools, Securities and Exchange Commission, Sex Scandals, Technology
Non-Sequiturs: 08.12.11
* 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 […] -
Non-Sequiturs
Non-Sequiturs: 06.08.11
* 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 […] -
Morning Docket
Morning Docket: 06.01.11
* 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 […]
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Biglaw, Crime, Fast Food, Gay, Gay Marriage, Insider Trading, Kids, Labor / Employment, Mergers and Acquisitions, Securities and Exchange Commission, Securities Law, Wall Street, White-Collar Crime
Matt Kluger, Ex-Biglaw Associate Charged With Insider Trading, Is A Gay Dad -- and Once Sued Fried Frank Over It
“Aww, Matt, why do you have to go around giving us a bad name?” Ever since Matthew Kluger was charged in a massive insider trading case, involving an alleged conspiracy that spanned 17 years and generated more than $32 million in profit, the foregoing question could be asked by many groups: Cornell grads, NYU law […] -
Biglaw, Crime, Insider Trading, Lawyer of the Day, Mergers and Acquisitions, Wall Street, White-Collar Crime
Ex-Associate at Three Top Firms Charged With Massive Insider Trading
There’s no contest today for Lawyer of the Day honors. The clear winner is Matthew Kluger, a former associate at three leading law firms, who has been charged in a massive insider trading case. Kluger stands accused of reaping more than $32 million in profit over the course of a 17-year conspiracy, which also allegedly […] -
Non-Sequiturs
Non-Sequiturs: 03.11.11
* How lawyers in Tokyo were affected by the 8.9 magnitude earthquake that hit Japan. [Am Law Daily] * Former Judge Jack Camp gets 30 days in prison — even less time than Paris Hilton. That’s some weak sauce. [Atlanta Journal-Constitution] * An interesting account, by former Dealbreaker editor (and Skadden lawyer) John Carney, of […]