How are you going to tackle your debt after graduation? We seriously hope you have a plan.
It has long been the case in Hong Kong that most UK law firms and a very small minority of US law firms have three month notice periods for their US associates built into their employment contracts. But until about 18 months ago it was not common for any firm to enforce a three month notice period when a US associate left solo[…]
Go on, make this lawyer an offer he can’t refuse.
Which law school is making such a revolutionary step in the right direction?
* The Washington NFL team has filed a notice of appeal to the Fourth Circuit over their canceled trademark registrations as they move their failure off the field and into the courts. [Bloomberg BNA]
* Penn State unveils a new logo. Critics call it a “hypnotized dog looking at cupcakes,” but it actually looks more like the vacant stare of someone who has seen something but refuses to tell authorities about it. [TaxProf Blog]
* How to take good notes. Apparently, “actually take notes” is the first step. Good to know. [Survive Law]
* Congrats to occasional Legal Cheek blogger Amy Woolfson on her Harvard Law scholarship. Welcome to our side of the pond. [Legal Cheek]
* Understand the tax implications of your student loan forgiveness program. [Lawyerist]
Another day, another GoFundMe page.
Will law schools ever provide students with more information on how to pay off their educational debts?
Law schools are in a unique position to provide guidance to young female lawyers, but how many have stepped up to the challenge?
My father is a military man. Accordingly, all things in life, from mundane trips to the grocery store to complex life decisions like planning for and choosing a college, was subject to careful, deliberate planning. Digesting evidence and facts was a far better road than the proverbial “crossing of fingers” and trusting that “it will all work out for the best.” Former NYC mayor Rudolph Guiliani said it best when he announced that “Hope is not a strategy.”
I was reminded of this adage when reading a few industry reports compiling data points about corporate legal departments and the ever –increasing complexity of the regulatory environment. Here are some shockers:
* According to this former Supreme Court clerk, Justice Scalia’s judicial zingers are just like porn in that they’re “titillating, but over time they coarsen the culture of which they are a part.” (Plus, for what it’s worth, the jurist’s audience usually never gets a money shot.) [Washington Post]
* Better late than never? The ABA dropped the hammer on law schools trying to game their employment stats with a new rule that’ll force them to report school-funded jobs as part-time unless certain length and salary reqs are met. [WSJ Law Blog]
* The largest of D.C.’s largest law firms grew even larger over the past year, and thanks to a merger, an outsider firm — Morgan Lewis — managed to infiltrate the capital’s Big Four. Sorry, WilmerHale, but maybe 2016 will be your comeback year. [National Law Journal]
* In other ABA news, the Section of Legal Education and Admissions to the Bar rejected a plea for academic credit for paid externships, because we apparently want to keep students as indebted as possible before they begin their professional legal careers. [ABA Journal]
* A judge dismissed a lawsuit filed by Richard Lee, a known conspiracy theorist, who sought the release of the Seattle police department’s death-scene photographs from Nirvana star Kurt Cobain’s suicide. Hey! Wait! He’ll file a new complaint. [Seattle Times]
* “I would hope that we’ve already hit the bottom.” America’s legal educators and admissions deans are wishing, hoping, and praying that the upcoming school year will be the last year that merely having a pulse is a prerequisite for law school admission. [National Law Journal]
* Bankruptcy court, here we come: We all know that right now, exorbitant law school debt can’t be discharged in bankruptcy, but judges have started to rally in favor of student debtors, noting that the Brunner test is simply incompatible with today’s high tuition costs. [New York Times]
* “A professional education will never be cheap,” and the ABA has finally decided to give the appearance of caring about the average graduates of private law schools with six figures of loans. Enhanced financial counseling for all! [Big Law Business / Bloomberg]
* Indiana Tech Law School won’t be appealing its denial of accreditation by the American Bar Association. Before you get too excited about a law school accepting failure and throwing in the towel, it seems that the school is just going to reapply instead. [KPC News]
* “[O]ne’s face may determine one’s fate, at least in the judicial domain.” Per a new study, the more untrustworthy a criminal defendant looks, the more likely it is that he’ll receive a harsher sentence. Boy, Dewey know defendants in need of a makeover. [WSJ Law Blog]
How does law student borrowing compare to that of medical students, MBAs, or other graduate programs?
* “I don’t know what you heard about me, but a bitch can’t get a dollar out of me.” Truer lyrics have never been rapped. 50 Cent’s legal team will face off in bankruptcy court against lawyers for a woman owed $5 million thanks to a sex-tape scandal. [Business Insider]
* You may be happy that income-based loan repayment exists and is saving you from defaulting on your law school debts, but in a few decades, you’re probably going to get F’d in the A by a ticking tax time bomb. [Student Loan Ranger / U.S. News]
* If you missed it, James Eagan Holmes, the shooter in the Dark Knight movie theater massacre in Colorado, was convicted for killing 12 people and wounding 70 others. Next up is the sentencing phase of his trial, and the death penalty is on the table. [Denver Post]
* The head honchos at Goldman Sachs are sad their second-quarter profits were reduced by ~half thanks to protracted litigation stemming from the financial crisis. The bank had to put away $1.45B for “mortgage-related litigation.” [DealBook / New York Times]
* The stars at night may be big and bright deep in the heart of Texas, but Berg & Androphy, led by attorney David Berg, is trying its hand at big city life in New York. It got the hang of things, y’all: B&A has already poached two Kasowitz partners. [Lawdragon]
Clean up on aisle three: this Charlotte Law grad’s life is in shambles all over the floor.
* With student loan forgiveness earning public approval, the other shoe had to drop. Critics campaigning that any escape is “welfare.” If you were grasping for the proper pejorative it’s “Homecoming Queen.” [Concurring Opinions]
* Hot mic alert! Lawyer broadcasts during recess that prosecutor is “in my pocket.” Only to the extent the prosecutor is now up your ass. [ABA Journal]
* Maybe there’s hope for sentencing reform: 130 former judges, prosecutors and law enforcement officials sign a letter advocating for the Smarter Sentencing Act of 2015. The key is “former.” I’ll bet while they were running for office harsh sentencing was a-OK. [Sentencing Law and Policy]
* Using the show Serial to teach good brief writing. [Legal Writing Pro]
* Had you considered the marriage equality dimensions of Kerry v. Din? Me neither. But Professor Dorf did. [Verdict]
* Law schools are increasingly hiring deans from within. Just another way of keeping Elie out of that dean’s job he wants so badly. [The Faculty Lounge]
* What to do when hiring a contract attorney? Hm. Look for fear and desperation? Oh… oh, you’re being serious about ethics and stuff. [Daily Report]
* The best description of the conservative argument in King: “the card says ‘Moops.'” [Lawyers, Guns & Money]
* If you’re having trouble making payments on your law school debt, don’t fall prey to a loan-relief scam. You may already be six figures in the hole, but you should take this quiz to see if you’re about to lose your shirt — yet again. [U.S. News & World Report]
* For the second time in two years, the ABA will reconsider whether law students should be able to receive pay for credit-bearing externships. Come on already, give these people a chance to make a buck before they graduate. [National Law Journal]
* Here’s an important memo for Judge Mark Fuller of the Middle District of Alabama: Just so you know, if you don’t resign on August 1 as promised, the House Judiciary Committee is probably going to bring impeachment proceedings against you. HTH. [Daily Report]
* It’s not a merger (yet), they’re just “exploring synergies”: Albany Law School and SUNY Albany will affiliate in order to help students from both schools. Check out the memo, complete with an exploding fellowship offer for new students. [Albany Business Review]
* Vice is suing a small business named Virtue Marketing, alleging trademark infringement. Apparently the media company’s in-house marketing agency is also called Virtue. Hey, Vice, just change the name to Greed and you’ll be set. [THR, Esq. / Hollywood Reporter]