Securities and Exchange Commission
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Airplanes / Aviation, Federal Circuit, Federal Judges, Free Speech, Law Schools, Morning Docket, Police
Morning Docket: 06.06.14
* Federal judges frequently fly across the globe on other people’s dime for conferences and symposia, but 2012′s most frequent flyer is a judge who was recently embroiled in an ethics scandal: Randall Rader of the Federal Circuit. [National Law Journal]
* Even though she claims nothing is “fundamentally broken,” Securities and Exchange Commission chairwoman Mary Jo White proposed “sweeping” new stock market regulations in an attempt to get with the times. [DealBook / New York Times]
* U. of Maine wants to combine its business and law schools, but professors are concerned about pressing questions like, “What will the diploma say?” rather than, “Do I get to keep my job?” [Portland Press Herald]
* Law schools are seen as cash cows for their affiliated undergraduate universities, but this law school is hurting so bad for cash due to low enrollment the university is infusing it with millions. [Minnesota Daily]
* A Pennsylvania man is suing his local police department for First Amendment violations after he was arrested for cursing in front of officers. N.W.A has a song this guy would like. [Pittsburgh Post-Gazette]
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Citigroup, Football, Jed Rakoff, Jonathan Lee Riches, Law Reviews, Legal Ethics, Non-Sequiturs, Patents, Pornography, SCOTUS, Securities and Exchange Commission, Supreme Court, White-Collar Crime
Non-Sequiturs: 06.04.14
* Sad day for Jonathan Lee Riches. His lawsuit over Johnny Manziel’s penis has been thrown out of court. [Black Sports Online] * Hot on the heels of yesterday’s item about SCOTUS porn parties, Professor Tribe guest blogs about his new book (affiliate link) and coercion, bribery, and influence. [The Volokh Conspiracy / Washington Post] * Former Brooklyn DA and aspiring TV star Charles Hynes is staring down larceny accusations. [Gothamist] * Texas basically assigns a cop to actively discourage investigate indigent parties seeking assigned counsel. [Socialist Gumshoe] * The Supreme Court doesn’t like talking about patents — its opinions on the subject are getting shorter and shorter. [Patently-O] * A lawyer is in hot water for allowing underaged drinking at a post prom party. The point was to keep the kids from driving. But no good deed goes unpunished. [Turn to 10] * An interesting profile of one of my favorite professors, Ken Feinberg, labeling him “the lawyer who decides what a life is worth.” Yikes. [KDVR] * The business strategy of just telling clients what they want to hear deflates. [Dealbreaker] * Who says no one reads law reviews? The porn industry does and they really like this student Note. [XBiz] * This is why we can’t have nice things. Second Circuit explains that if a revolving door agency of sycophants says it’s OK, it’s OK. Full opinion below…. [New York Times] - Sponsored
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Blogging, California, Crime, Dewey & LeBoeuf, Gay Marriage, Law Professors, Media and Journalism, Morning Docket, Politics, SCOTUS, Securities and Exchange Commission, Securities Law, State Judges Are Clowns, Supreme Court, Ted Olson
Morning Docket: 06.03.14
* “I don’t think the government should be in the credentialing business.” Thanks to the whims of politicians, SCOTUSblog is having trouble getting media credentials to continue its coverage of the Supreme Court’s cases. [New York Times]
* How you like me now? In Redeeming the Dream (affiliate link), a new book co-authored with David Boies, Ted Olson says he experienced “some blowback” when he announced he was taking on the Prop 8 gay marriage case. [WSJ Law Blog]
* Steve Davis and Steve DiCarmine of failed firm fame think it’s “unfair” they have to defend themselves in a criminal case and an SEC case at the same time. They want the SEC case to be halted. Dewey think the judge will say yes? [Law360 (sub. req.)]
* Back in 2011, Pillsbury decided to ship its back-office operations to Nashville, and now it’s hiring a small contingent of lawyers to work there. FYI, an Ivy League degree may not be necessary. [Washington Post]
* Only in Florida would a judge allegedly challenge a public defender to a fight out back during a hearing and start throwing punches. We’ll definitely have more on this fiasco later today. [WFTV Eyewitness News]
* Peter Mutharika, a former law professor who taught at Washington University in St. Louis Law for about 40 years, is now the new president of Malawi, where it’s illegal to fart. Congrats! [St. Louis Post-Dispatch]
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Biglaw, Deaths, Federal Judges, Law Schools, Morning Docket, Munger Tolles & Olson, Securities and Exchange Commission, Technology, Texas
Morning Docket: 05.30.14
* As you may have heard, Apple is buying Beats Electronics for $3 billion. Apple is being represented by Weil, but don’t worry, no one forgot about Dre — he’s got Munger Tolles and Skadden Arps on his side. [Am Law Daily]
* Haynes and Boone will have a new managing partner as of January 1, 2015, and to make sure he fulfills the good old Texas stereotype of things being bigger, he wants to grow the hell out of the firm’s Houston office. [Dallas Business Journal]
* Stephanie Avakian, a WilmerHale partner in the New York office, was tapped by the Securities and Exchange Commission to become its deputy director of enforcement. Yay! [DealBook / New York Times]
* “We can’t turn law schools into graduate school for the study of law,” says a law prof who thinks legal education is straying from being professional education. Aww, write a paper about it. [Harvard Crimson]
* A Los Angeles couple has been accused in the hit-and-run death of Judge Dean Pregerson’s son. The judge isn’t “looking for blood,” but some jail time would probably help. [L.A. Now / Los Angeles Times]
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Biglaw, Gender, Job Searches, Law Firm Mergers, Law Firm Names, Law Schools, Morning Docket, Patton Boggs, Securities and Exchange Commission, Securities Law, Women's Issues
Morning Docket: 05.28.14
* “[T]hree names are unnecessary, and over time I think you’ll see Squire Patton start to take hold.” Sanders got the boot in this law firm merger, and it won’t be long before Boggs follows. [Am Law Daily]
* The “great female brain drain” at Am Law 200 firms isn’t slowing down, and it will only get better if Biglaw firms concentrate less on their failed “fix the women” approaches. [Harvard Business Review]
* Mary Jo White of the SEC promised to dust off an often ignored — but “potentially [] very powerful” — section of securities law to pursue financial violations. Be wary of the “innocent instrumentality” doctrine, defense attorneys. [DealBook / New York Times]
* We’ve got some breaking news for our readers from the “no sh*t” department: Law school graduates are still having a very tough time getting jobs as lawyers, and there is no real end in sight. [Sacramento Bee]
* If you’re looking for a way to explain a switch in your undergrad major when applying to law school, show admissions committees how pretty your grades are now. Tada! [Law Admissions Lowdown / U.S. News]
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Death Penalty, Mary Jo White, Non-Sequiturs, Prostitution, Rape, Securities and Exchange Commission
Non-Sequiturs: 05.05.14
* Pet therapy? This is what you’re doing with your time? This is why Cardozo can’t have nice things. [Cardozo Law] * Nobody likes name-calling, but opting for the death penalty just because you don’t want to be called “retarded”? That’s, um, what’s the word I’m looking for? [Cincinnati Enquirer] * Remember when Mary Jo White was going to bring teeth to the SEC? Well, that’s all over. [New Republic] * Live tweeting a prostitution sting. Yeah there’s no way this could go wrong. [Slate] * Law student says cops beat him so hard he lost a testicle. Um. That’s horrible. [KOB] * Do you fancy yourself a funny lawyer? Then enter New York’s Funniest Professional competition. Lawyers square off later this month. [Gotham Comedy Club / Manhattan Comedy School] * Judge sentences rapist to 45-days and community service… working in a rape crisis center. How could anyone be this tone-deaf? Oh, it’s in Texas? Never mind. [CNN] * California lawyers now must promise to be courteous. Play nice, kids. [LA Times] * Finally, it’s time to wish a happy birthday to Winston & Strawn’s Jonathan Amoona, who was on the 2014 Forbes 30 Under 30 list. I guess he won’t be anymore. His 30th birthday invitation went out to the managing partner and a bunch of the top rainmakers, which isn’t toolish at all. The invite is available after the jump…. -
Goldman Sachs, Securities and Exchange Commission
SEC Lawyer Uses Retirement Party To Call Out Agency As A Bunch Of Timid Wusses
Now this is how you walk out the door... -
Election Law, Gay, Jury Duty, Marijuana, Non-Sequiturs, Securities and Exchange Commission, Supreme Court
Non-Sequiturs: 04.04.14
* DEA Administrator decides to up the ante on the stupidest argument against marijuana legalization ever: it’s harmful to dogs. The DEA’s plan to ban chocolate is still in draft. [The Volokh Conspiracy / Washington Post] * Everyone’s up to date on the Florida lawyer and right-wing congressional candidate with the vampiric cosplay rape fantasies, right? Okay good. [Gawker] * Jurors say police used excessive force but that the beating didn’t injure the plaintiff. In other news, Florida has a senility problem. [The Florida Times-Union] * Did anybody notice that Chief Justice Roberts -- the author of Shelby County -- opened McCutcheon by labeling the right to participate in electing leaders as fundamental with absolutely no irony. [Reuters] * Anti-gay job discrimination may already be illegal. [Slate] * The bad economy pits criminal defense lawyers against each other. They shouldn’t do that. [Katz Justice] * The SEC doesn’t have to abide by the Brady rule and Mark Cuban’s not happy about it. [Wall Street Journal] - Sponsored
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6th Circuit, Biglaw, Clerkships, Dewey & LeBoeuf, Hotties, Securities and Exchange Commission, White-Collar Crime, William and Mary School of Law, Williams & Connolly
What Else Dewey Know About Zachary Warren?
Additional information about defendant number 4 in the Dewey criminal case, including testimonials from people who know him and information about his family's finances. -
Biglaw, Insider Trading, Securities and Exchange Commission, Securities Law, Wall Street, White-Collar Crime
Biglaw Employee Charged In $5.6 Million Insider Trading Scheme
At which elite law firm did the defendant work, and from which school did he receive his law degree? -
6th Circuit, Biglaw, Clerkships, Dewey & LeBoeuf, Hotties, Law Schools, Partner Issues, Securities and Exchange Commission, White-Collar Crime, William and Mary School of Law, Williams & Connolly
What Dewey Know About Zachary Warren, Defendant No. 4 In The Criminal Case?
What do we know about this handsome and highly accomplished young lawyer? He's extremely bright and he's legal-world aristocracy, for starters. -
Biglaw, Dewey & LeBoeuf, Partner Issues, S.D.N.Y., Securities and Exchange Commission, U.S. Attorneys Offices, White-Collar Crime
Dewey Know Why The D.A., And Not The U.S.A.O., Is Going After Folks From This Former Firm?
Brainstorming some reasons why these charges were brought by the D.A. and not the U.S. Attorney. -
Biglaw, Dewey & LeBoeuf, Partner Issues, Securities and Exchange Commission, White-Collar Crime
Dewey Finally Have Criminal Charges Against Ex-Leaders Of This Failed Firm?
Who's getting charged, and with what?
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Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
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Biglaw, Canada, Gay, Law Professors, Law Schools, Morning Docket, Partner Issues, Securities and Exchange Commission, Trials
Morning Docket: 02.13.14
* This guessing game is over, even though we’d guessed this from the start. After decamping from the Securities and Exchange Commission, George Canellos will return to his old stomping grounds at Milbank Tweed. [DealBook / New York Times]
* You can’t insult Duke and get away with it. Kilpatrick Townsend & Stockton secured a one-year no-contact order against Addison Chance, the e-cig retailer who sent “menacing and harassing” emails and voicemails to a partner. [Winston-Salem Journal]
* Heenan Blaikie’s talks may have fallen through with DLA Piper, but another Biglaw firm swooped in to rescue more than 20 of the failed Canadian firm’s survivors. You can call Dentons their knight in shining billable hours. [Globe and Mail]
* You can’t always get what you want. Accused Boston Marathon bomber Dzhokhar Tsaernaev’s trial is scheduled for November 2014, despite his lawyers asking for a September 2015 start date. [Bloomberg]
* A Tennessee lawmaker just introduced the “Turn the Gays Away” bill, which would allow businesses to refuse goods and services to gay people. If this isn’t ‘MURICA, we don’t know what is. [MyFOX Memphis]
* “We have offered generous buyouts—generous by anyone’s standards—and we are now waiting for volunteers.” Yeah, good luck with that. Things don’t look great for profs at Albany Law. [WSJ Law Blog]
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Abortion, Association of American Law Schools, Biglaw, Books, Conferences / Symposia, Football, Gender, Intellectual Property, Jed Rubenfeld, Law Schools, Racism, Securities and Exchange Commission, Securities Law, Sports, Tax Law, Trademarks
Morning Docket: 01.06.14
* “Either access to abortion will be dramatically restricted in the coming year or perhaps the pushback will begin.” We’re moving back in history. Here’s hoping pro-choice advocacy will be born anew in 2014. [New York Times] * George S. Canellos, the SEC’s co-chief of enforcement, announced his departure on Friday, and people are already wondering whether he’ll return to his old stomping grounds at Milbank Tweed. [DealBook / New York Times] * We hope legal educators had fun at the Association of American Law Schools annual meeting, but we hope most of all that they learned what needs to change to really make legal education pay. [WSJ Law Blog] * “I believe women lawyers can contribute a lot to the legal system.” Saudi Arabia now has its first female law firm dedicated to bringing women’s issues to the country’s patriarchal courts. Congratulations! [RT] * A Starbucks spokeswoman issued a defense to the cease-and-desist response letter that went viral worldwide, and it reads just like how her company’s coffee tastes: bland. [International Business Times] * Amy “Tiger Mom” Chua is back with a vengeance, co-authoring a controversial new book (affiliate link) with her husband, Jed Rubenfeld. Which cultural groups are superior? [New York Post] -
Biglaw, Boutique Law Firms, Crime, Department of Justice, Securities and Exchange Commission, Small Law Firms, U.S. Attorneys Offices, White-Collar Crime, Williams & Connolly
4 Ways To Break Into White-Collar Criminal Defense Work
Matt Kaiser outlines the most common paths into a popular practice area. -
Attorney Misconduct, Bar Exams, Law Professors, Legal Ethics, Securities and Exchange Commission
Law School Professor Busted Lying To Federal Judge, Goes Back to Teaching Ethics
The scandal may not bring down this professor, but failing as a professor just might. -
Barack Obama, Election Law, Insider Trading, Mergers and Acquisitions, Morning Docket, Pepper Hamilton, Securities and Exchange Commission, Technology
Morning Docket 11.12.13
* Who are the real victims of insider trading? It’s the Duke brothers, duh. [DealBook / New York Times]
* Judge Ellen Huvelle has ordered the government to turn over to her an executive order that the feds claim is subject to executive privilege. Judge Huvelle rejected the administration’s argument that privilege exists because, “we don’t want to give it to you.” [Politico]
* Pepper Hamilton has joined the greener pastures of Silicon Valley, opening an office with three partners poached from Goodwin Proctor. [Reuters Legal (sub. req.)]
* Speaking of poaching, Martin Dunn, former deputy director of the SEC and O’Melveny partner is joining Morrison & Foerster. [The Blog of the Legal Times]
* And while we’re at it, M&A partner Sean Rodgers has left Simpson Thacher to merge with Kirkland & Ellis. [The AmLaw Daily]
* Publisher ALM (The American Lawyer, Corporate Counsel, The National Law Journal, The New York Law Journal) has a new technology partner and hopes to boost its readership. If they want to boost their readership, wouldn’t starting a new law school be a better investment? [Talking Biz News]
* Conservative groups are miffed about video of this Democratic party lawyer “attacking” a Republican at the polls and trying to “steal” an election. It seems like he put his hand over the lens of a camera phone, but sure, this is exactly like telling minorities the wrong day to vote. [Bearing Drift]
* The Amanda Knox case has a trade secret component as a battle rages over DNA testing technology. [Trade Secrets Watch / Orrick]
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Securities and Exchange Commission, Securities Law
SEC's New Rules On Equity Crowdfunding Give People New Ways To Ask Friends For Money
What’s wrong with this proposed system? Let's discuss... -
Basketball, Crime, Environment / Environmental Law, Non-Sequiturs, Securities and Exchange Commission, Women's Issues
Non-Sequiturs: 10.22.13
* A look at how one expert witness helped Mark Cuban win in the insider trading case. The government should have hired the Spurs -- they figure out how to beat Mark Cuban constantly. [The Expert Institute] * This guy forgot to book a wedding venue and rather than admit it, called in a bomb threat. How mean would his bride-to-be have to be for him to commit a crime rather than disappoint? So anyway, he's going to jail now. [Associated Press] * Man arrested for punching a police horse. I mean, Mr. Ed shouldn't have mouthed off like that. [Slate] * The chief of FERC will be joining a top law firm in Portland. Someone send Jon Wellinghoff a complete box set of Portlandia so he knows what he's getting into. [Breaking Energy] * After yesterday's scathing attack on law reviews brought out some defenders, this post brings the snark to the whole affair. [Law Prof Blawg] * Ms. JD is handing out awards at its annual conference. Send in your nominations by December 15. [Ms. JD] * The ironic webpage for the Delaware State Bar's "Access to Justice" program. Image after the jump...