* BP has its granny panties in a bunch over Transocean’s liability for the oil spill. So they’re suing. [Bloomberg]
* Major League Baseball sought to take over the Dodgers from Frank McCourt yesterday. Your move, Wilpon. [Los Angeles Times]
* Tax Lady Roni DEUTCH may be thrown in jail. I’m not entirely sure what’s going on in this video, but definitely wait for the thrown dog. [ABA Journal]
* Juvenile killers are hoping to reach the Supreme Court in an effort to overturn their life sentences. If their cases make it that far, they’ll undoubtedly find a certain justice who only cares about inferior MP3 players and Emilio Estefan. [New York Times]
* Something called the Second Amendment Foundation has sued Massachusetts over their law forbidding legal immigrants from owning handguns. Crocodile Dundee didn’t need a handgun. [Fox News Latino]
Do we really need to make it easier for people to have weapons on school campuses? Really? We’re not worried about school shootings anymore? Is the Second Amendment really so broad that it requires us to allow students to weaponize their law school dorm rooms? Is there no “safe zone” in America where I can go and be reasonably assured of not being hit with an unintended, stray, accidental bullet fired from a hand cannon a man was legally allowed to possess just because George Washington needed some well-armed farmers to defeat the British?
According Idaho Law 2L Aaron Tribble, his right to have a firearm in his dorm room trumps his classmates’ rights to not have to live on campus with potentially crazy gunmen in legal possession of weapons. Tribble has filed suit against the University of Idaho over its policy that bans guns on campus.
He claims that the rule violates his Second and Fourteenth Amendment rights to possess a gun in his on-campus home…
* If we want to ban threatening speech against Congresspeople, what will we really be banning? [Volokh Conspiracy]
* Apparently my final solution on guns could lead to the well-regulated militia rising up. [First One @ One First]
* Maybe it isn’t impossible to teach transactional practice in law school. [Concurring Opinions]
* Jared Lee Loughnerentered might enter an insanity plea, and it looks like his mug shot will be the first exhibit. [Slate]
And you thought the burger at DB Bistro was expensive....
* If you’re a mere law firm partner — as opposed to a Wall Street managing director or, better yet, a hedge fund mogul — you probably can’t afford the $5,000 hamburger at this Las Vegas resort hotel. [Dealbreaker]
* Bush 43′s dog lent a helping paw in the judicial nomination process. Laugh all you want, but Barney is better than a Ouija board. [Tex Parte Blog]
* Electronic health records can be great — but they present some legal risks, notes Ben Kerschberg. [Huffington Post]
I’m on record as thinking that it’s inappropriate to blame Sarah Palin or any other source of fiery political rhetoric for the horrific shooting that took place in Tucson on Saturday. I said it in real time as facts were coming to light; I said it on Twitter.
There are any number of reasons why psychos like Jared Lee Loughner try to kill people. I don’t think political rhetoric is a useful reason to focus on. The long view of history shows that crazy people will twist any number of words into an excuse for violence.
You can’t talk to crazy. You can’t reason with crazy. You can’t know what crazy will do to your words. I mean, people have used the words of Jesus Christ (a hippie pacifist who hung out with prostitutes and lepers) as a call to violence, bigotry, and hate. If Jesus can’t craft an ironclad message that defies misinterpretation, how can we say that Sarah Palin somehow created a culture of violence? Sorry, but I refuse to live in a world where the rhetorical skills of Sarah Palin explain anything.
Instead, I’d like to blame a much more obvious culprit…
Who says you have to choose? Not Judge Shaun Floerke, of Minnesota’s Sixth Judicial District, who used a .45-caliber Glock from his safe to protect his wife and five children from a home invader on New Year’s Day….
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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