Tax Law

A wise man once said, “Ask yourself whether you are happy, and you cease to be so.” Lawyers, allegedly an unhappy lot, are asked if they are happy all the time. Vault asks, Am Law asks, and in a roundabout way, so do we.

To date, we’ve received nearly 8,000 responses to our ATL Insider Survey. Among other things, our survey poses this question to law firm lawyers: “If you had the chance to do it all over again, would choose to work for your firm?”

Unsurprisingly, those who answer “yes” tend to highly rate their firms in such areas as compensation, culture, and training. For those that wish they could take a Mulligan when it comes to their choice of employer, the inverse is true. Here is a comparison of ratings scores (on a scale of 1-10) for the various aspects of law firm life, broken out by responses to the “Mulligan” question:

SUBJECT ”Yes” ”No”
Compensation 7.81 5.35
Hours 7.38 4.81
Firm Morale 7.7 3.53
Training 7.45 4.32
Culture and Colleagues 8.56 4.56

Hardly counterintuitive stuff, we know, but it allows us to use the “Mulligan” response as a proxy for overall happiness/satisfaction, as it’s so broadly predictive of the nature of the individual’s assessment of his firm.

Back in April, we shared our survey findings showing that Davis Polk was the top firm when it came to morale (to date, this holds true.) Today, we look at whether there are notable differences regarding satisfaction based on practice area. If we slice our survey data by practice, we find that there certainly are. So after the jump, let’s look at how practice groups stack up against one another in terms of the happiness of its practitioners….

double red triangle arrows Continue reading “And Biglaw’s Happiest Campers Are…”

* This San Francisco attorney had a nice visit to the up-and-coming superpower across the Pacific. And by “nice,” I mean the Chinese tried to kill him and the U.S. State Department made things worse. [San Francisco Chronicle]

* I’m sure there’s some sort of serious social commentary here about how gay marriage is good or bad, but I can’t figure out what it would be. Either way, this poor kid has had quite the rough go of it. [Althouse]

* Monster Energy Drinks are under investigation from an as-yet unnamed state attorney general. Because apparently some people were unaware that drinking something that looks like liquid uranium may be unhealthy. [About Lawsuits]

* The suspect in this multimillion-dollar scam graduated from Harvard Law in 1972. You stay classy, Cambridge. [ABC]

* Glenn Reynolds explains why everyone just needs to suck it up and pay income taxes. [Instapundit]

* Justice Scalia is interviewed again about his new book. Shockingly, no one took any shots at Judge Posner this time! [LA Review of Books]

Change is in the air! And it’s not just pollen. On the heels of an explosion of popular interest in (and subsequent boredom with) intellectual property, stemming from the Apple v. Samsung case, as well as new IP regulatory changes, the time is right to take IP reform to the streets! Let’s burn this mother down… or crowd-source it, at least.

A new partnership between the U.S. Patent Office, Google, and popular tech website Stack Exchange, will recruit average Americans to help end the patent wars. Take that, rounded corners!

double red triangle arrows Continue reading “Thanks to Cool New Crowd-Sourcing Website, Now You Can Help Prevent Bogus Patents”


* Obama has made more women federal judges than any other president in history. But he still has a long way to go to match Bill Clinton’s record for being judged by women. [Wall Street Journal]

* Let’s agree that neither of the people running for president should be a tax lawyer. [Going Concern]

* This story about law firms involved in a class action suit allows me to quote one of the great Abraham Lincoln lines, as retold by the late Shelby Foote: “There’s too many pigs for the tits.” [Forbes]

* Proof that bankers have a better life. [Dealbreaker]

* Did you know that there is a typo on the Liberty Bell? [Josh Blackman's Blog]

* Louisiana has a problem with deadbeat corporations that owe money to the state. Apparently, businesses run from their debts just as well as students. [Lexis Tax Community]

Stripping is supposed to be a lucrative profession — just look at all of the law students racing to the poles in the hopes of obtaining gainful employment. And in some states, bumping and grinding on stage while wearing six-inch lucite heels is even considered an artful expression worthy of protection under the First Amendment. Unfortunately, two lawsuits in New York and Texas threaten to sabotage the erotic striptease entertainment that we’ve all come to know and love.

New York’s highest court is currently considering whether an adult club is entitled to a sales tax exemption for lap dances under the theory that they qualify as “dramatic or musical arts performances.” Meanwhile, in the Lone Star state, a plaintiff in a federal class action suit claims that strippers are misclassified as independent contractors and being forced to live on tips alone.

Now that we’ve greased the pole, let’s get ready for a feature performance from both of these suits….

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Talk about a pole tax…

* Dewey know if Citibank is planning to sue other former D&L partners over their capital contribution loans? According to one court document filed by Luskin Stern & Eisler, the bank’s counsel, the fun has just gotten started. [Am Law Daily]

* Unlike the voter ID laws in Texas and South Carolina, the Department of Justice has approved New Hampshire’s law of the same ilk. Apparently hippies from the “Live Free or Die” state are incapable of discrimination against minorities. [CNN]

* Arizona, on the other hand, can discriminate against minorities all the live long day — for now. A federal judge ruled that the “show me your papers” provision of S.B. 1070, the state’s strict immigration law, may be enforced. [Bloomberg]

* The latest argument raised in the case over the Mongolian Tyrannosaurus Bataar skeleton is that the bones are actually a “Frankenstein model based on several creatures.” This movie is getting boring. [WSJ Law Blog]

* “[T]he state of New York doesn’t get to be a dance critic.” We’re sure that any man would gladly tell the New York Court of Appeals that lap dancing is a form of art, but should it enjoy a tax exemption? [Associated Press]

Yesterday, a bunch of Republican delegates, fresh off a night at Tattletale’s helping to repay the student loans of nubile gals one lap dance at a time, approved the 2012 Republican Party Platform.

While liberals and the “lamestream media” are fixated on the planks dealing with “abortion” and “gay marriage,” the platform includes some lower-profile planks worth checking out. Here are five that stuck out to me as a lawyer….

double red triangle arrows Continue reading “Pol Dancing: Five Less Heralded GOP Platform Planks That Impact Lawyers”

Former lobbyist Janna Ryan.

There are a lot of people trying to tell me that Mitt Romney’s pick for vice president, Paul Ryan, is attractive. Like pretty much everybody in my office. And Google is auto-filling with “Paul Ryan Shirtless.” Considering that many of Ryan’s supporters are serious fans of noted rape-novelist Ayn Rand, I’m mildly concerned by all this pent-up Republican sexual energy being thrown Ryan’s way.

But it’s not like Ryan is on the market. He was snapped up by Janna Christine Little Ryan, back in 2000. We’re just getting to know this potential second lady. She’s being pushed by the Romney campaign as a traditional housewife who loves her children and supports her man.

No doubt, she is.

But in another life, before marriage and children, Janna Little was a tax lawyer and big-time lobbyist. She was a Washington insider, like her husband. She worked for PriceWaterhouseCoopers and had a controversial client roster….

double red triangle arrows Continue reading “Paul Ryan’s Wife Is A Housewife Now, But She Used To Be A Lawyer And A Lobbyist”

No one likes a lazy welfare zombie.

How a person handles a semi-serious discussion of the zombie apocalypse can be an important indicator of a person’s sense of humor and general pleasantness to be around.

At my old apartment in Oakland, my friends and I would often discuss barricading the front door, disabling the elevator, transforming old liquor into Molotov cocktails to hurl off the balcony, how best to make use of the convenience store across the street… some actual thought went into our analysis. (We also lived in Oakland, so there’s that.)

But it’s not just weirdos like me who enjoy this stuff — turns out law professors do, too. Last week, we read about a law prof analyzing Jay-Z’s “99 Problems.” And today, we take a look at one legal academic’s investigation into the crazy problems the U.S. government must manage once it is forced to maintain revenues in the face of the rise of the undead….

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It's their world and we're all just playing in it.

* This is a great article on why the Supreme Court doesn’t leak, while more important institutions, like our national security apparatus, leak like a freaking sieve. [New Republic]

* Most law professors think the Affordable Care Act is constitutional. Most law professors think the Supreme Court will overturn the ACA anyway. ARE YOU NOT ENTERTAINED? [Bloomberg]

* And now for some SCOTUS thoughts from the amazingly amorphous Mitt Romney. Look at his works in equivocation, ye mighty, and despair. [Washington Post]

* You know, I don’t know how they afford this stuff, but having an inalienable right to “paid vacation” really feels like the kind of European invention we should be emulating. Good ideas can come from anywhere, folks. [Legal Blog Watch]

* Letting students sit for the bar exam after their second year but then making them come back to school for an even more obviously useless third year is a great way to make somebody have a total mental dissociative break. Just imagine calculating how much money you’re being forced to waste while you sit there in a 3L seminar called “Law and Ceramics.” [Faculty Lounge]

* Oh, I like this. The little Democrat in me can’t help but like this: a “global” financial transaction tax. Mmm… there’s nothing like the smell of global redistributive fairness. [Overlawyered]

* Jonathan Turley seems hurt that Ann Althouse and other conservative academics acted in a way that shows “we have lost the tradition of civil discourse in this country.” Yeah, umm, Professor Turley, perhaps you didn’t read the footnotes, but here on the internet we don’t have a tradition of civil discourse. We do have a tradition of ad hominem attacks, hyperbole, and pictures of cats. [Jonathan Turley]

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