As opposed to Chinese Tigers robotically assembling Apple products, isn’t it more wondrous to behold the specter of two Chinese-Jewish Ivy League law professor/successful author Hybrid Tigers who’ve fashioned Yale student research (from a 2008 project) into a dull but probably lucrative book? Such are the rewards of our American meritocracy.
Merely stating the fact that certain groups do better than others — as measured by income, test scores and so on — is enough to provoke a firestorm in America today, and even charges of racism. The irony is that the facts actually debunk racial stereotypes. There are some black and Hispanic groups in America that far outperform some white and Asian groups.
That insecurity should be a critical lever of success is another anathema, flouting the entire orthodoxy of contemporary popular and therapeutic psychology…. Note that there’s a deep tension between insecurity and a superiority complex. It’s odd to think of people being simultaneously insecure but also convinced of their divine election or superiority.
It’s hard to believe that another year has passed, but here we are. It’s December 31st, New Year’s Eve. The weather is turning cold, the Republican presidential contest is heating up, and it’s time to review this year’s biggest stories on Above the Law.
Consistent with past practice, we will refrain from offering our subjective judgments on the most important stories of the year. Instead, just as we did back in 2010 and 2009, we’ll identify the ten biggest stories of the past year as decided by you, our readers. With the help of our friends at Google Analytics, we’ve compiled a list of our top ten posts for 2011, based on traffic.
In terms of overall topics, the most popular category page for the year was Law Schools, for the second year in a row. This shouldn’t come as a surprise, since the year was an eventful one for the legal academy. It would be fair to describe 2011 as an annus horribilis for the law school world, with various forces laying siege to the ivory tower. The attackers include not just unemployed lawyers turned scambloggers, but the mainstream media, led by David Segal of the New York Times; plaintiffs’ lawyers, who have already sued several law schools (and have announced plans to sue at least 15 more in 2012); and even a tenured law professor calling for reform (Paul Campos, currently in the lead for 2011 Lawyer of the Year).
The second most-popular category at ATL: Biglaw. Although we’ve expanded our small-firm and in-house coverage dramatically here at Above the Law, adding multiple columnists in each space, our coverage of large law firms still draws major traffic and drives discussions.
Now, on to the ten most popular individual posts on Above the Law in 2011….
Some people — for example, Chief Justice John Roberts — are not fans of contemporary legal scholarship. These critics might say, “You’d have to pay me to read the writings of a law professor!”
Well, what if a law professor were willing to pay you to check out his writings? And what if the writings in question were not, say, 150-page law review articles on “the influence of Immanuel Kant on evidentiary approaches in 18th-century Bulgaria,” but fun stuff — like song lyrics?
As we mentioned in Morning Docket yesterday, two adult children in Illinois have sued their own mother on the grounds of “bad mothering.” You must be wondering how one qualifies to be a bad enough mother to warrant such a lawsuit. Well, apparently, failing to completely spoil your children will do the trick — especially if your ex-husband, an attorney, has it out for you and is representing the kids.
The lawsuit has since been dismissed, but it was so ridiculous that we thought it deserved its own showcase here on Above the Law. Find out what these snotty little brats alleged against their mother, after the jump….
* Elsewhere in Yale Law School news, congrats to YLS student Vanessa Selbst, who successfully defended her title at the North American Poker Tour championship at Mohegan Sun. How much did she win this year? [Law Shucks]
* Selbst won her money in person — which is lucky, because the feds just brought the hammer down on online poker. [New York Times]
* Speaking of money, here are some ideas for how to spend your spring bonus money. [Vault]
* There are too many wives conflicting judicial authorities in this litigation involving the Fundamentalist Church of Jesus Christ of Latter Day Saints. [Salt Lake Tribune]
* Instead of adopting humane practices, Iowa farmers and ranchers would rather cover up the way they kill animals and slaughter the First Amendment while they’re at it. [Legal Planet]
* When extreme pro-life views turn monstrous, they reduce women to mere vessels, who exist only as incubators. Check out this Indiana woman who is being charged with murder for attempting to kill herself while pregnant. [Feministe]
* Okay, we’ve extracted our pound of flesh from Professor Stephen Bainbridge. Can we please move on now? [The Daily Bruin]
* Justice Kennedy on the “quiet revolution” wrought by information technology with respect to coverage of the Supreme Court. [Josh Blackman]
* Don’t forget: the deadline for the ATL Law Revue Contest is this SUNDAY, APRIL 17, at 11:59 PM (Eastern time). [Above the Law]
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: