We’re in that soft part of the second semester where things are generally calm on the law school front. Most 1Ls have figured out that they don’t need to be really paying attention yet, and the ones who haven’t are quietly plugging away in the library, oblivious to the outside world. The 2Ls are making plans for the summer (whether at a firm or visiting mom). And 3Ls without jobs are in the quiet, catatonic state where they haven’t fully processed what’s about to happen to them and they’re kind of wafting through campus waiting for somebody to wake them up and tell them it was all a dream.
Usually, the law student freak-out machine doesn’t get cranking again until April, which is why today’s campus “controversy” feels a bit like a tempest in a teapot. Essentially, a group of law students are accusing their student government of misusing their budget. We’ve seen this kind ofthing before, but this time there’s a twist.
Yes, I’m shocked, SHOCKED that the people who run for law school student government did something to try to make themselves look more important than everybody else….
* Hey, “regular students” with “regular backgrounds,” you may be able to get a job as a SCOTUS clerk, because Justice Clarence Thomas is the Supreme Court’s honey badger in that he doesn’t give a sh*t about rankings. [Seattle Post-Intelligencer]
* Because $1.05 bill wasn’t quite enough, Apple is asking for additional damages in its patent war lawsuit against Samsung. Ohh, come on, Judge Koh, it’s just an extra $535 million. Everyone else is doing it, come on. Just give us the money. [Bloomberg]
* The D.C. Circuit suit about White House visitor logs is kind of like a recurring issue we see with law schools, in that transparency here means “[w]e will disclose what records we want you to see.” [National Law Journal]
* Sumner Redstone recently donated $18M to BU Law. Will his successor be as charitable? From Columbia Law to Shearman & Sterling to media mogul: meet Philippe Dauman, CEO of Viacom. [New York Times]
* “The employment statistics really are the collective impact of individual choices.” And one of them was attending law school anyway, despite all of the negative media attention they’ve received. [Cincinnati Enquirer]
* Remember the Harvard Law student who ran for Student Government President and pledged to resign after rewriting the organization’s constitution? Well, he graduated, but at least he got a draft in. [Harvard Crimson]
It seems to me that the Student Bar Association president at NYU Law School is drunk with power. And considering we’re talking about the “power” of a freaking law school SBA, that’s pretty funny, like watching the tallest midget insult all the other midgets by calling them “shorty.”
We’ve written about this guy, who we’ve dubbed “Party Law,” before. In September, he was busy removing the SBA treasurer because of alleged financial shenanigans. The treasurer denied wrongdoing and hilarity ensued.
But that was back in September, during those halcyon days at the beginning of his term, when all was sunshine and hope. Now we’re coming towards the end of Party Law’s reign (I assume we’re nearing the end; not that I want that, I wish Party Law could be elected President of the NYU SBA for life). Perhaps he’s trying to exercise a little dead-hand control over the SBA?
Yesterday, we told you about the racial tension gripping Harvard Law School as they prepared to elect a new student government president. And by “gripping,” I mean “annoying the hell out of the HLS students who are trying to study.”
Despite calls to postpone yesterday’s election, the balloting proceeded as planned. We also invited Above the Law readers to vote for the new Harvard Law student leader.
It seems like both communities are in agreement. Cloying d-bags who throw around allegations of racism and impropriety have no business securing open bar events for thirsty law students….
There’s something special about racism that comes out of Cambridge. I can’t quite put my finger on it, but it’s almost like a stylized racism. Like, if it happened at Duke you’d just say “racism at Duke,” but when it happens at Harvard, you feel like saying, “A racial hypothetical puzzles the HLS community; stay tuned to see which professor makes it worse.”
Today we’ve got another weird racial story covered in crimson. It’s set against the backdrop of the student government elections at Harvard Law School that may take place later today — an event that I can’t imagine more than ten people on campus truly care about. But there are minority-on-minority accusations of racism, and the one white guy is just running to prove that he shouldn’t be allowed to run.
And, clear as I can tell, the catalyst was one breathless Harvard Law School Record article that kind of threw around allegations of racism just for the heck of it.
Are we going to tell you a little bit about the issues, so you can then vote on Above the Law for the next SBA president at HLS, in the hope that your votes might influence the election? Of course we are!
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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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.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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