We have a lot of fun with Cooley Law around here. Oops. Sorry, Western Michigan University Law School. You know a school is on the upswing when it rebrands itself in the middle of the night.
Anyway, we’ve also talked about Cooley’s sports connection before, including Thomas M. Cooley Law School Stadium, which I suppose will become Western Michigan Stadium even though Western Michigan doesn’t play there. Or something.
It turns out Cooley Law also does a great job training people for their future careers. As long as that future career is an NHL coach instead of a lawyer….
* According to Altman Weil, law firm merger mania is on pace for record highs as firms desperately attempt to stave off financial problems by gobbling up smaller firms’ clients. [Am Law Daily]
* The NCAA better watch its back: Jeffrey Kessler, the Winston & Strawn partner who helped bring free agency to the NFL, wants in on the potential case for unpaid college athletes. [Bloomberg]
* Lawyers doing regulatory work are very afraid that the shutdown will decimate their fourth quarter billables because “[t]he longer it goes, the more problematic it will be.” Yay government. [Reuters]
* GrayRobinson partner Philippe Devé is in need of a bone marrow transplant, and his firm is using its social media presence to crowdsource a donor. Will you lend a helping hand? [Daily Business Review]
* UpCounsel has successfully raised $1.5 million in funding to beef up its international patent practice, proving the point that it costs a pretty penny to protect clients from the world’s patent trolls. [TechCrunch]
* Law schools in New York State are feeling the pain of the drop in applications, and some are now willing admit that their graduates had to start “cannibalizing each other” in the job market. [New York Law Journal]
* But really, so what if applications are down? Lots of law schools consider themselves lucky to be keeping the lights on with the assistance of generous alumni donations in the millions. [National Law Journal]
* Another day, another “diploma mill.” Sorry to disappoint you, law students and alumni, but Charleston School of Law is moving forward with its plans to sell out to the InfiLaw System. [Post and Courier]
* Who’s bad? Not AEG Live. A jury made up of people unable to answer yes or no questions during the reading of the verdict found that the concert promoter wasn’t liable in Michael Jackson’s death. [CNN]
* Sri Srinivasan was sworn in as a member of the D.C. Circuit by Justice Sandra Day O’Connor, who called him “fair, faultless and fabulous.” The man must have great shoes. [Washington Post]
* Things aren’t going very well for Steven Donziger in the Chevron / Ecuador case now, but then again, they never are. The Second Circuit denied his bid to oust the judge on the case. [Bloomberg]
* Dewey know how much this failed firm’s ex-landlord wants from 450 of its former partners? Somewhere in the ballpark of $1.6 million to $45.45 million, so it could be painful. [Am Law Daily]
* Kilpatrick Townsend & Stockton has already named a new chairman. Congrats to J. Henry Walker IV, a man whose name alone makes it sound like he should probably leading something. [Daily Report]
* Time is running out for prosecutors to bring charges against those connected to Bernie Madoff’s Ponzi scheme, but it looks like his niece, a Fordham Law grad, is in their sights. [DealBook / New York Times]
* The series finale of Breaking Bad airs on Sunday, and you must be very sad, so here are five compliance lessons to take away from the show. First and foremost, don’t ever hire a Pinkman. [Corporate Counsel]
* E.A. Sports and the Collegiate Licensing Company settled the suit filed against them by college athletes, leaving the NCAA to whine, moan, and “take this all the way to the Supreme Court.” [Birmingham News]
* George Zimmerman’s wife says her husband “went on a victory tour” without her, and has no idea where he is. Clue: maybe he was advising Cybill Shepherd for her role on Law & Order next week. [Miami Herald]
Sean Taylor was murdered on November 27, 2007. To give you some perspective on that date, just consider the following. In 2007, Above the Law was a free insert that ran in every other issue of Soldier of Fortune magazine. There, amongst the gun reviews and true tales of heroism, was David Lat’s humble legal gossip circular. In 2007, I was finishing my first semester of my second year of law school. I was taking Complex Lit or Fed Jur or Antitrust. Gearing up for all the abstract federal antitrust work I currently handle at Garbage Jobs ‘R Us, I guess? In 2007, an ounce of gold was worth two-and-a-half cents and two-and-a-half cents down could get you a house. With a pool. Or a pond. Pond would be good for you.
In 2007, Barack Obama was a Senator and David Souter was a judge. In 2007, I pissed in my bed two nights in a row. The first time was jarring, but ultimately surmountable. The second time was much more frightening as I discovered that a bed only comes with two sides that can be reasonably slept on. In 2007, the number one song was Rihanna’s “Umbrella.” It would not be until 2008 that I truly listened to this song. In 2008, my friends really hated me.
In 2007, the Indianapolis Colts beat the Chicago Bears in the Super Bowl. I was at a house party where I attacked the keg viciously and without mercy upon my arrival. Shortly after Devin Hester ran the opening kickoff back for a touchdown, I threw up in my friend’s toilet and passed out in someone’s bed. I awoke after halftime to discover that everyone hated me. This would turn out to be good training for 2008.
In 2007, Sean Taylor was murdered. This week, the trial date for his alleged murderers was set for this October.
On Wednesday, the Cleveland Browns traded running back Trent Richardson to the Indianapolis Colts for a 2014 first-round pick. This move, which amounts to Cleveland announcing to the world, “we took a two-week stab at 2013 and decided it’s not for us,” has the side effect of relegating Colts running back Ahmad Bradshaw to second-string status.
This is good for the Colts, maybe good for the Browns — assuming they can convert this pick into something worthwhile — and an absolute disaster if Ahmad Bradshaw played any role on your fantasy team. All of a sudden, that reliable second-tier back (though let’s be honest, he was probably never more than a decent Flex #realkeeping) is useless.
Now imagine how much worse it would be if you’d just traded a top 5 QB for a package involving Bradshaw. That’s what happened in one league and the rest of the league vetoed the trade after the real-life Richardson move. But since this league is a law school league, they prepared an appellate brief demanding the trade go through.
Last month, we brought you the titillating tale of Polina Polonsky, a “gorgeous brunette lawyer” who allegedly had an affair with Khloe Kardashian’s husband, NBA player Lamar Odom. Although it sounds like a Hollywood divorce train wreck in the making, sources claim Khloe and Lamar are going to stay together, even though the 6’10″ free agent is reportedly battling an addiction to crack cocaine, an odd drug of choice for a man of his wealth.
We know what you must be thinking: “Again with the Kardashian crap? Who cares if Lamar cheated on a Wookiee?” But today we think you’re going to care about the Kardashians if only because the lawyer involved in this torrid affair may have committed a serious breach of her ethical duties to clients at her firm.
What did this comely criminal defense attorney do that could have been so bad? Well, if your case didn’t go as planned, it may be because a washed-up basketball player like Lamar Odom was doing your legal work….
* Even at the top of the in-house food chain, women lawyers are still paid less than their male counterparts. But hey, at least they’re not being forced to cry poverty like their in-house staff attorney brethren. [Corporate Counsel]
* Neil Barofsky, the former King of TARP in the United States, is making the move to Jenner & Block, specifically because as opposed to all other firms, “Jenner took the side of really getting to the truth of the matter.” [Reuters]
* Luxury fashion is fun: four Biglaw firms, including Cleary Gottlieb, Cravath, Torys, and Proskauer Rose, all took Tim Gunn’s mantra to heart to make it work for the $6 billion sale of Neiman Marcus. [Am Law Daily (sub. req.)]
* If you want to try some lawyer, we hear that they taste great when poached this time of year. Speaking of which, Troutman Sanders just reeled in three attorneys from Hunton & Williams. [Richmond BizSense]
* Are you ready for some tax law?! The NFL and other professional sports leagues might lose their nonprofit status if new tax reform legislation makes it through the House and the Senate. [Businessweek]
Date: Thu, Sep 5, 2013 at 08:25 PM
Subject: I don’t see the sports law thing…
To: “AbovetheLaw Tips”
…coming tonight. On top of the first game of the season, this is a dead *$#*ing week for sports law stuff. More concussion news? Who gives a ****? I don’t. I wrote everything I’m gonna write about that crap last week. I realize you may not view my cri de coeur re: Abraham Lincoln stone genitals as the end-all-be-all on the concussion crisis, but I don’t curr. Concussion crisis? I swear I just used that formulation because it’s alliterative. Concussion crisis crab cake concubine. Christ, I’m sorry. You know I go long with these emails….
* Fine Print as “Surrealist Masterpiece.” Because sometimes you need legal analysis involving Foucault. [Concurring Opinions]
* Speaking of fine print, the story behind an attack ad in Virginia is all about fine print. Virginia AG Ken Cuccinelli is running an attack ad against Terry McAuliffe connecting him to the collapse of Global Crossing. The problem is the former Global Crossing workers in the ad thought they were talking to a documentary film crew about the company, not making an ad attacking McAuliffe. Should have read that waiver form more closely! [Mother Jones]
* JPMorgan Chase is dropping out of the student loan business. Must be getting too difficult to package likely defaults into some kind of billion-dollar derivative these days. [American Banker]
* A New York attorney candidly tells the world that dealing with his kids “is not my problem” because he has a long-suffering wife for that job. See conservatives, gay marriage hasn’t destroyed all the traditional families. [Dealbreaker]
* More analysis on the legality of intervention in Syria under international law. Welcome to the art of writing listicles, Lawfare! [Lawfare]
* A Q&A with Ignatius Grande of Hughes Hubbard & Reed on the importance of Twitter for clients and law firms. Intriguingly, Hughes Hubbard doesn’t have an active Twitter account. What gives? [Commercial Litigation Insider]
If your firm is in ‘go’ mode when it comes to recruiting lateral partners with loyal clients, then take this quiz to see how well you measure up. Keep track of your ‘yes’ and ‘no’ responses.
1. Does your firm have a clearly defined strategy of practice groups that are priorities of growth for your office? Nothing gets done by random chance, but with a clear vision for the future. Identify the top practice areas for which you wish to add lateral partners. Seek input from practice group leaders and get specifics on needs, outcomes, and ideal target profiles.
2. In addition to clarifying your firm’s growth strategy, are you still open to the hire of a partner outside of your plan? I’ve made several placements that fit this category. The partner’s practice was not within the strategic growth plan of my client, but once the two parties started talking with each other, we all saw how it could indeed be a seamless fit. Be open to “Opportunistic Hires.” You never know where your next producing partner might come from, so you have to be open to it. I will be the first to admit that there is a quirky element of randomness in recruiting.
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.
We currently have a very exciting and rare type of in-house opening in China at one of the world’s leading internet and social media companies. Our client is looking for an IP Transactional / TMT / Licensing attorney with 2 to 6 years experience. The new hire will be based in Shenzhen or Shanghai. Mandarin is not required (deal documentation will be in English) but is preferred. A solid reason to be in China and a commitment to that market is required of course. This new hire will likely be US qualified (but could also be qualified in UK or other jurisdictions) and with experience and training at a top law firm’s IP transactional / TMT practice and could be currently at a law firm or in-house. Qualified candidates currently Asia based, Europe based or US based will be considered. The new hire’s supervisors in this technology transactions in-house team are very well regarded US trained IP transactional lawyers, with substantial experience at Silicon Valley firms. The culture and atmosphere in this in-house group and the company in general is entrepreneurial, team oriented, and the work is cutting edge, even for a cutting edge industry. The upside of being in an important strategic in-house position in this fast growing and world leading internet company is of the “sky is the limit” variety. Its a very exciting place to be in China for a rising IP transactional lawyer in our opinion, for many reasons beyond the basic info we can share here in this ad / post. This is a special A+ opportunity.
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