Ed. note: Due to the Labor Day holiday, we’re on a reduced publication schedule today. We’ll be back to our normal Saturday schedule tomorrow. But you don’t care about that. More importantly we’ll be off on Labor Day and back to normal on Tuesday. A restful and happy Labor Day to all!
* Lawyers seek to ruin something beautiful: ALS Association wants a trademark on the concept of an ice bucket challenge. [Washington Post]
* Ah, fun tales of the Streisand Effect. [Popehat]
* UC Davis Law saw increased applications. Dean Kevin Johnson says, “I do think the market is coming back. And I do think the naysayers of law schools and being a lawyer, their days are limited in number.” You’re the only school in California showing an increase and the country as a whole is down and you’re conveniently not charging any application fee, but yeah, our days are limited. [UC Davis Law]
* Lawyer who showed up to court going by the name “Lord Harley of Counsel” gets a tongue-lashing from the judge. [Legal Cheek]
No one expects Biglaw to have the greatest sense of humor. Make no mistake, individual Biglaw partners can be hilarious. We actually talk to them all the time here. But when you get a big entity, the funny gets lost. See Apple or Saturday Night Live. Add in the fact that Biglaw doesn’t even have to pretend to pitch to the masses, and the tiny fragment of a fun-loving personality that mass advertising requires is lost.
So it should come as entirely zero surprise that a Biglaw firm has thrown a petulant fit over a parody website mocking it for behavior that even a federal judge has called into question….
* Georgetown Law is holding its second Iron Tech Law Competition, challenging students to develop technology to improve the access to justice or increase the effectiveness of representation. Cool idea. Other schools should consider this kind of program. [Georgetown Law]
* Do you think our lawmakers should reform the Senate filibuster procedure? I agree. Though Patton Oswalt gives an almost nine minute, improvised tour de force of how a filibuster could be awesome that will be — presumably edited down — and used in this week’s Parks and Recreation. Video after the jump. [Cinema Blend]
The folks at FunnyJunk threatened to sue Inman for copyright infringement and defamation, and the internet comedian responded with another comic, of course, and a plea to his readers to raise $20,000, not for settling the legal threat, but for a “Bear Love” charity campaign on behalf of of the National Wildlife Federation and the American Cancer Society. (Inman also mentioned something about a drawing of the FunnyJunk attorney’s mother seducing a Kodiak.) In any case, we’re off a pretty good start here, right? Sure, but it gets way better….
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: