There is a scene in the film Buffalo ’66 in which Christina Ricci’s character tap dances at a bowling alley. She’s wearing a very short lilac dress to go along with her tap shoes and she begins her dance slowly. She ends it slowly too. The whole thing is slow, a Thorazine shuffle committed to celluloid by one of this country’s truly weird film directors. The scene prompted Roger Ebert to remark, “What’s this scene doing in “Buffalo ’66″? Maybe Gallo didn’t have any other movie he could put it in.” What’s this paragraph doing on Above the Law?
This week, the Buffalo Bills managed to be at the center of the sporting universe for the first time since Frank Wycheck lofted that perfectly tight spiral into the arms of Kevin Dyson. Before that, it was the 4 Super Bowl defeats. The point here, if there ever is one, is that the Bills are destined to occupy our collective conscious every few years as the butt of some cosmic joke we have yet to divine the meaning of. This week, the Bills carry on their illustrious history as God’s punchline, closing one lawsuit and preparing for another.
I could have gone with a picture of the other thing in the title.
Tuesday was the first day of the bar exam. That means now we get to share “stupid bar exam stories.” Yay!
Our first batch of bar exam adventures can be summed up by the student who hired a guy on TaskRabbit to sit in a café all morning and save her a seat for lunch near the Jacob Javits Center. It sounds extreme, but that bar exam is all about extremes.
Anyway, the girl was trying to get other students to go in with her on her bar exam “valet,” and she described TaskRabbit this way: “Task Rabbit is also available to run any emergency errands (if you need advil, tampons, or extra pencils from the store) during the lunch hour and while we are in the exam.”
As it turns out, at other testing centers, we had people who kind of needed emergency tampons and pencils….
* Looks like someone skipped professional responsibility class during bar prep: the Ninth Circuit denied attorney fees to McGuireWoods in light of an “egregious” ethics violation made in the BAR/BRI antitrust settlement. [National Law Journal]
* Apple rested its patent-infringement case against Samsung yesterday, making way for the rival tech company to begin presenting its case. Jurors must be thrilled that the end is in sight, with just 25 more hours of arguments to go. [Bloomberg]
* “The facts don’t seem to support a ‘stand your ground’ defense.” That’s what George Zimmerman’s attorney said yesterday, but the defense team is going to try to get the case dismissed on those grounds anyway. [AP]
* When applying to law school, it’s usually helpful to demonstrate in your application that you actually want to go to law school. Gah, people seriously need to be told these things. [Law Admissions Lowdown / U.S. News]
* “[T]he plaintiff’s tampon was never forcibly removed by any deputy.” First of all, yuck. Second of all, you know that a crazy lawsuit must have been filed when the cops are making public statements like this. [NBC News]
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: