Stock Market

If a person predicts market collapse all the time, eventually that person will be proven right -- but not this time.

Many laypeople are surprised to learn that lawyers can make it all the way through law school without learning even one damned thing about investing.

Three big risk factors await investors in December: further inflation data, overseas geopolitical issues, and the Federal Reserve’s decision on its December rate hike.

The truth is, the vast majority of the time, we simply do not know why the stock market does what it does on a daily basis.

Joe Biden has a Twitter account. Unlike his predecessor, however, he doesn’t seem to dedicate his life to it.

The lesson is don't pull your money out of the stock market because you are pouting about an election result.

Remember, someone is going to have to pick up the tab at the end of the night.

Donald Trump and the stock market.

Things are going badly in the stock market, and everywhere else.

If President Trump had one iota of financial sense, he'd publicly take responsibility for the recent market volatility.

Some great ideas on what to do with your bonus money this holiday season.

It is far too early in the Trump presidency to make any meaningful assessments about his ultimate effect on the stock market.

* It’s a Christmas miracle! It may still be too early to tell, but it’s beginning to look a lot like there’s going to be an increase in law school applicants. Per LSAC, almost 3 percent more people have applied to law schools than last year at this time. [WSJ Law Blog]

* This is why more firms don’t hold IPOs: Slater & Gordon, the first firm to go public, may face two shareholder class-action suits — one for allegedly misleading investors and the other for its terrible performance on the market. [Guardian]

* As 2015 draws to a close, it’s very obvious that Dentons had a “transformative” year as it gobbled up law firms left and right, and 2016 will be no different. The firm has its eyes set on Japan, Korea, Chile, Argentina, Peru, and Africa. [Big Law Business / Bloomberg]

* A Bahamian hacker almost released a celebrity sex tape, naughty photos, and television and movie scripts for an obscene price, but not to worry, because U.S. Attorney Preet Bharara (S.D.N.Y.) was busy saving the world, one sex tape at a time. [New York Times]

* UC Hastings College of Law has appointed an acting chancellor and dean in Frank Wu’s wake. Let’s welcome David L. Faigman to the world of law school administration. Hopefully he can ease the school out of its current bar exam passage funk. [UC Hastings]

* Joe Jamail, richest lawyer in America, King of Torts and depos, RIP. [New York Times]

* Both Kaye Scholer partner Evan Greebel (formerly of Katten Muchin) and Turing Pharmaceuticals CEO Martin Shkreli pleaded not guilty to securities fraud charges. Now, the world is left to weep because Skhreli’s Wu-Tang album wasn’t seized. [Reuters]

* “You are not an American because you got sworn in on a Koran.” The Hate Crimes Unit of the New York Police Department is investigating a series of threatening calls made to Judge Carolyn Walker-Diallo, Brooklyn’s first Muslim judge. [WSJ Law Blog]

* David Lola, the contract attorney who sued Skadden and Tower Legal for overtime pay with claims he wasn’t practicing law, settled his claims for $75,000. But now we don’t know if doc reviewers are entitled to overtime pay. 🙁 [Big Law Business / Bloomberg]

* Slater & Gordon, the world’s first publicly traded law firm, continues to watch as its stock price tumbles. The firm’s shares are now worth A$0.89 after it decided to pull its earnings guidance, and they’ve lost 90 percent of their value since April. [The Guardian]

* That’s not how you’re supposed to examine briefs: A Maryland court commissioner was charged with visual surveillance with prurient intent and misconduct in office after allegedly using his cellphone to take an upskirt photo of a courthouse employee. [AP]

* Joseph Rakofsky has lost his case against, well basically everyone. Including ATL. [Popehat] * EDNY Judge Edward Korman is earning accolades for his sassiness. [Jezebel] * The Supreme Court handed down its decision in the Monsanto case. Reading the decision is not exhausting. Get it? [Patently-O] * Happy Mother’s Day from Kobe Bryant! Black Mamba takes his mom to court. [Legal Blitz] * Sammy Hagar can’t be held liable for defaming a woman. He also can’t drive 55. [Courthouse News Service] * Stealing $100 worth of cigarettes may seem crazy, but $100 worth of cigarettes in Texas would net something like $480,000 in New York City. [Legal Juice] * Intellectual property run amok. And it doesn’t involve Prenda in any way! [Dealbreaker] * As we reported before, being a divorce lawyer is not just for nailing your clients anymore. [Jezebel]