President Barack Obama really thinks recent graduates are stupid. Seriously, he thinks that graduates out there suffering under crushing debt obligations in an economy where there aren’t enough jobs to go around are so dumb that they don’t even know what they want.
Educational debt has been a big part of the Occupy Wall Street protests. Today, President Obama will announce “new” programs to help students in debt. At least, he wants the media to report these programs as “new.” Those who have been paying attention, such as debt-saddled law students, will recognize that there is very little “new” about these programs.
In fact, Obama seems to honestly think that students and recent graduates wouldn’t be so angry if they knew about all the programs already in place.
It’s all a bit patronizing. If the Obama administration had really been paying attention, they’d know that recent graduates want meaningful reform, not the piecemeal incremental efforts that we’ve seen so far….
Senator Tom Coburn (R-OK), come on down! Okay, I’m sure Senator Coburn wouldn’t put it this way, but you can count him as the latest Senate member who has joined the fight for something that the Occupy Wall Street people should really care about. He wants there to be more transparency when it comes to American law schools.
First, Senator Barbara Boxer (D-CA) led the charge to try to get law schools to engage in some basic honesty when telling prospective students about the value of a law degree. Then Senator Charles Grassley (R-IA) added his voice. That was important, as Grassley is the Republican leader on the Senate Judiciary Committee.
And now Coburn, another Republican on the Judiciary Committee, is joining in.
Democrats, Republicans, men, women, when will the ABA figure out that there will be broad support for law schools that are required to tell the truth about their graduate outcomes?
A lovely editorial in the New York Post showed a total lack of understanding about the problems faced by lawyers and recent law grads. I want you guys to see it, because sometimes it’s easy for lawyers to forget just how much the outside world hates them.
And make no mistake, the outside world hates lawyers. But the New York Post is able to add an extra helping of disgust toward legal practitioners. The editorial mocks the idea of helping unemployed lawyers.
Maybe if more prospective law students knew how much everybody else dislikes them, there would actually be fewer unemployed lawyers walking around in need of help….
Reading the Wall Street Journal would probably be better than occupying the street itself.
No mob has ever changed the course of history. I’m sure we can all point out some famous mobs, but if you look beyond rabble, there is always a smart person or organization who knows how to use and manipulate the mob in order to make it an agent of change. French people organized in the streets a lot, and it took a Robespierre to turn them into a revolution. Angry poor white people have been ridiculously pissed off since the Civil Rights movement, and it took a Grover Norquist to turn that passion into an anti-tax platform that’s against the economic interest of the very mob that advocates it.
For the last two weeks, the Occupy Wall Street people have been a mob — a leaderless, unfocused, and harmless mob. They’re not even violent. And so they are (for some) easy to dismiss, ignore, and deride.
The lawyers in the audience should be thankful for that. Because if this collection of people could get their act together, they wouldn’t be occupying Wall Street. They’d be occupying K Street. They’d be occupying First Street. They’d be sitting in the lobby of the Lipstick Building or the Death Star asking questions of the people who help “the banks” get around any regulation the overmatched SEC can come up with.
The Occupy Wall Street people have no frame of reference; they’re like a child who wanders into the middle of a movie and wants to know… look, they’re just out of their element….
You can't get your Family Law syllabus until you fill this cup.
When enterprising Ben Seisler ran short on cash in law school, he didn’t get some boring old job at the library. The UVA graduate put his education to use, realizing that — like Dorothy and her ruby slippers — he had been sitting on top of a gold mine all along. Literally.
The gold mine, it turns out, was located in Ben’s pants. Ben “donated” his sperm to a local sperm bank for $150. Apparently he took this charity work very seriously, as he returned to the bank again during his three years studying at George Mason University School of Law.
Two petitions of possible interest showed up in our inbox today:
1. In favor of student loan forgiveness: This petition, reminiscent of Elie Mystal’s call for a student loan bailout, “strongly encourage[s] Congress and the President to support H. Res. 365, introduced by Rep. Hansen Clarke (D-MI), seeking student loan forgiveness as a means of economic stimulus.” (We mentioned H.R. 365 in Morning Docket.)
Let’s continue the good cheer. Back in the spring, we wrote about a law student who was thinking of dropping out of school. He sought our advice — and, surprisingly enough, my colleague Elie Mystal advised this fellow to stay in school (even though Elie is generally not a fan of legal education).
Some commenters disagreed with Elie (shocker), and urged the kid to drop out. But now we bring you an update suggesting that perhaps Elie’s advice was sound….
* What kind of “reasonable accommodations” are alcoholics entitled to in the workplace? A three-martini mojito lunch sounds good to me. [Overlawyered]
* Some thoughts from Henry Blodget on Groupon and the SEC-mandated “quiet period.” Any thoughts, readers, on Blodget’s take on attorney/client privilege? [Business Insider]
* Professor Ann Althouse on the exoneration of Justice David Prosser (noted in Morning Docket): “A justice is despised because his decisions do not please liberals, and so, without thought, they forgot about things liberals like to love themselves for caring about, such as fairness and due process.” [Althouse]
Is it wrong to find Justin Bieber totally hot? Just askin'....
* E-discovery is moving to the cloud. What are the opportunities and the risks? Ben Kerschberg and Bret Laughlin discuss. [Forbes]
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: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months (Robert Kinney and Evan Jowers will be in Hong Kong again March 15 to 23), and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.
Are you challenged by the costs and logistics of maintaining your office, distracting you from the practice of law?
Many small firms are successfully moving part—or even all—of their practice to a virtual setting. This even includes multi-jurisdictional practice spanning several states and practice areas, although solo and small partnerships are still the largest adopters of virtual law.
Can you do the same? The new article Mobile in Practice, Virtual by Design from author Jared Correia, Esq., explores how mobile technology bring real-life benefits to a small law firm. Read this new article—the next in Thomson Reuters’ Independent Thinking series for small firms—to explore how a mobile practice:
Everyone is talking about the importance of Social Media in Corporate America. But it is relatively safe to say that most law firms and lawyers are slightly behind the social curve. Most lawyers, at minimum, use LinkedIn, for networking. Some even use Twitter for pushing out short, pithy content, while many have Blogs, where they write their little hearts out. The adage “it is better to give than to receive” is not always true though in the world of Social. In the Social World – it is best to listen, give back and engage.
Social Media is a communications tool that can deeply educate you about the needs and wants of your clients and prospects when used in conjunction social media monitoring and sharing tools.
Take this quick quiz and see if you know how to use Social to help you engage more with your clients or to better service the ones you have.