Tax Law

  • Mad-men-title-card

    Biglaw, Federal Judges, Football, Gender, Law Schools, Morning Docket, Tax Law, Women's Issues

    Morning Docket: 06.07.13

    * Oh, and by the way, it’s not just Verizon that the NSA is spying on. It’s every major phone and internet provider, too. They must see an amazing amount of foreign pornography on video chat. [Guardian]

    * The IRS is under siege over its conservative targeting scandal, and now a training video parodying Mad Men has surfaced with a focus on “customer service.” How incredibly ironic. [DealBook / New York Times]

    * Francine Griesing, the woman who sued Greenberg Traurig for $200M over the firm’s so-called “boys’ club” (and later quietly settled), has tips for women who want to succeed in the law. [Am Law Daily]

    * This ruling has to do with collecting fees following a law school clinic victory, but the key takeaway is that law students’ “time and effort still has monetary value.” Hear that, ABA? [National Law Journal]

    * Rutgers Law-Camden is trying to recover from “an existential threat” after its class size unexpectedly dropped by more than 50 percent. But… that’s a good thing these days. [Philadelphia Business Journal]

    * A judge dismissed Pennsylvania Governor Tom Corbett’s lawsuit against the NCAA for “fail[ing] to advance the ball.” How kind of her to entertain us with some football references. [Legal Intelligencer]

    5 Comments / / Jun 7, 2013 at 9:10 AM
  • Screen Shot 2013-05-31 at 1.40.07 PM

    Law Schools, Music, Non-Sequiturs, Religion, Tax Law

    Non-Sequiturs: 05.31.13

    * The new meme sweeping the Intertubes is “Old Economy Steve.” While not strictly law-related, it is a fitting meme for trolling recent law school grads entering the market. [The Atlantic]

    * After talking about the Atlanta battle of the (legal) bands, we learned that San Francisco is also getting into the act. [Law Rocks]

    * Speculating on George Washington’s approach to drone strikes. [Washington Times]

    * A look at how regulatory and tax policy changes affect the value of energy companies. [Breaking Energy]

    * E. Gordon Gee, Columbia Law ’71 and President of THE Ohio State University got in a little trouble for saying, “You tell the SEC when they can learn to read and write, then they can figure out what we’re doing.” So another guy gets in trouble for being honest. Gee also said that you can’t trust Catholic priests, which segues nicely into the next item. [Yahoo! Sports]

    * The Catholic Church’s top exorcist claims to have performed 160,000 exorcisms. After the jump, Professor Mark Kightlinger from the University of Kentucky College of Law eviscerates this claim with “math.”

    “Assuming he was ordained at the age of 21, he would have had to perform 2388 exorcisms per year for the past 67 years. That is more than 6.5 exorcisms per day every day (not taking into account the occasional leap year with an extra day). Perhaps he is just a really fast exorcist. Or perhaps he does mass exorcisms. I don’t have a view about how many demons might be out there but I am skeptical about whether one guy could cast out so many. Perhaps he needs to go back to the books and read about pride.”

    – Mark Kightlinger

    13 Comments / / May 31, 2013 at 5:05 PM
  • House-Rules-small-In-House-Counsel RF

    In-House Counsel, Tax Law

    House Rules: The Deepest Cut…

    In-house lawyers face budget cuts, and some entrenched political interests might be to blame.

    5 Comments / / May 29, 2013 at 2:12 PM
  • Jodi Arias

    Animal Law, Barack Obama, Biglaw, Boalt Hall, Cocaine / Crack, D.C. Circuit, Death Penalty, Drugs, Eric Holder, Federal Judges, Gay, Media and Journalism, Morning Docket, Murder, Tax Law, Trials

    Morning Docket: 05.24.13

    * “Journalists should not be at legal risk for doing their jobs.” Thanks Obama, but AG Eric Holder was the one who kind of signed off on the James Rosen search warrant. [Open Channel / NBC News]

    * The chief judge of the D.C. Circuit apologized for a lack of transparency in the James Rosen probe, and this is one of the least embarrassing things that happened this week. [Washington Post]

    * Despite having “done nothing wrong,” embattled tax official Lois Lerner announced she’s been placed on administrative leave in light of recent events. I salute you, fellow WNE grad. [National Review]

    * Watch out, patent trolls, because this proposed bill might actually be — gasp! — helpful. If enacted, the Patent Abuse Reduction Act’s goal is to help keep discovery costs down. [Hillicon Valley / The Hill]

    * It’s a hell of a drug: for some lawyers, the sequester won’t be such a bad thing after all, because Coast Guard and Navy forces won’t be available to intercept 38 tons of cocaine. [Breaking Defense]

    * Proskauer Rose’s ex-CFO, Elly Rosenthal, has cut down her $10 million suit against the firm to just one allegation. She claims the firm fired her solely for her diagnosis of breast cancer. [Am Law Daily]

    * A third perpetrator emerged in the Berkeley bird beheading case, and he was just sentenced to two days in jail. Can you listen to BARBRI in a jail cell? I guess he’ll find out. [San Francisco Chronicle]

    * The Boy Scouts of America will now admit openly gay youths into their ranks for the first time in the history of ever. You should probably “be prepared” for a flurry of litigation over this. [New York Times]

    * A mistrial was declared in the penalty phase of the Jodi Arias murder trial. Ugh, come on with this, the Lifetime movie is already in post-production! How on earth are they going to work this in? [CNN]

    4 Comments / / May 24, 2013 at 9:03 AM
  • Holdem

    Death Penalty, Gambling, Gambling / Gaming, Jury Duty, Law Schools, Morning Docket, Religion, Sentencing Law, State Attorneys General, Tax Law, Videos

    Morning Docket: 05.23.13

    * Online gambling wants to come back to the U.S. after the government cracked down last year. Anybody want odds on whether this works? [Wall Street Journal]

    * In news that only affects those who want to dress like whores, Abercrombie & Fitch and Hollister may systematically mistreat the disabled. [Fox News]

    * Post-disaster price gouging is sad, but inevitable. Oklahoma’s Attorney General E. Scott Pruitt is having none of it. [The National Law Journal]

    * Obama will address drone policy and Gitmo in a security speech today because, after the last couple weeks of scandal, he’s hoping to introduce fodder for another round of withering criticism. [Huffington Post]

    * The Daily Caller is all over the idea that Michelle Obama may have dated the Inspector General of the IRS at Harvard Law. Which proves… actually I have no idea if the Daily Caller even knows why this might be significant. [Daily Caller]

    * U.S. and Chinese law schools are collaborating more. American law schools are really desperate to open themselves to more students, aren’t they? [China Daily]

    * The Jodi Arias jury may not be able to make a decision on sentencing. If you cared about this story at all, you’ve already heard Nancy Grace’s opinion. [NBC News]

    * Elie argues with folks about Greece v. Galloway and legislative prayer. Video after the jump… [Huff Post Live]

    4 Comments / / May 23, 2013 at 9:03 AM
  • Jodi Arias

    Bar Exams, Bernie Madoff, Biglaw, California, D.C. Circuit, Immigration, Money, Morning Docket, Murder, New Jersey, Pictures, Pro Bono, Senate Judiciary Committee, Trials, War on Terror

    Morning Docket: 05.22.13

    * A bipartisan immigration reform bill made its way through the Senate Judiciary Committee and will head to the Senate floor. Of course, the amendments in support of gay marriage didn’t make it in, but that may be moot soon anyway. [CNN]

    * IRS official Lois Lerner may not be very “good at math,” but at least she seems to know the basic principles of constitutional law. She’ll invoke her Fifth Amendment rights before the House Oversight Committee today. [Politico]

    * The D.C. Circuit ruled that the top secret Osama bin Laden death photos will remain top secret, but the internet’s desperate cries of “pics or it didn’t happen” will live on in our hearts. [Thomson Reuters News & Insight]

    * Attention naysayers: it may be time to face the music. According to the latest Altman Weil survey, most law firm leaders think all of these fun recession-driven changes are here to stay. [Am Law Daily]

    * Twenty-two law firms are banding together to fight against fraudulent financial products on a worldwide scale. It’s too bad this legal alliance didn’t exist before the Bernie Madoff scandal. [New York Times]

    * It looks like New Jersey may soon be hopping aboard the pro bono work before bar admission train. You better hope you get your clinic placements in order, people. [New Jersey Law Journal (sub. req.)]

    * The results for the February 2013 bar exam in California are out, and they’re frightening. It’s time to try that acting thing again, because only 41 percent of all test takers passed the exam. [The Recorder]

    * Jodi Arias is now begging jurors to allow her to live out the rest of her days in prison. She wants to contribute to society by painting, recycling, and… not slashing additional throats. Lovely. [Fox News]

    4 Comments / / May 22, 2013 at 9:03 AM
  • A fireable offense in the UK?

    Biglaw, Disasters / Emergencies, Federal Judges, Gender, Mergers and Acquisitions, Morning Docket, Murder, Pregnancy / Paternity, Tax Law, Technology, Trials, United Kingdom / Great Britain, Women's Issues, You Go Girl

    Morning Docket: 05.21.13

    * Our thoughts and prayers go out to the people of Oklahoma. [CNN]

    * The IRS and the Treasury Department better watch out, because it seems that the “next logical step” for the tea party victims of heightened scrutiny leads right up the courthouse stairs. [ABC News]

    * #Whatshouldwecallme after advising on the $1.1 billion Yahoo/Tumblr deal? Kind of a big deal. The Biglaw firms doing the underlying legal work are Simpson Thatcher and Gunderson Dettmer. [Am Law Daily]

    * The Mirena MDL judge thinks female attorneys should be on the all-male executive committee. If this is “strategic gender placement,” the strategy is to look bad publicly. [Thomson Reuters News & Insight]

    * The Travers Smith trainee who was fired for getting pregnant is due in court this June to find out what type of compensation she’ll receive for being discriminated against by the firm. You go girl! [Daily Mail]

    * Wherein the parents of a 0L who’s got doubts about her employment prospects are counseled that she can “work not just in law.” ::facepalm:: [Law Admissions Lowdown / U.S. News & World Report]

    * There’s trouble in paradise: lawyers in the Jodi Arias case unsuccessfully attempted to get a mistrial and withdraw from representation — for the second time — during its punishment phase. [Fox News]

    2 Comments / / May 21, 2013 at 9:10 AM
  • Justin_Bieber_NRJ_Music_Awards_2012

    Ann Althouse, DUI / DWI, Gay, Gay Marriage, Law Professors, Law Schools, Non-Sequiturs, Politics, Tax Law

    Non-Sequiturs: 05.20.13

    * Justin Bieber has apparently abandoned his 20-week-old monkey, Mally, after having her confiscated because he couldn’t comply with animal control laws in Germany. Now in a shelter somewhere in Germany, there’s one more lonely girl. [Lowering the Bar]

    * Ann Althouse posted FOUR TIMES about Barack Obama’s umbrella over the weekend. Somebody is really putting off grading those papers. [Althouse]

    * Alabama judge faces $25 million lawsuit alleging he improperly took a case from another judge and issued damaging rulings. This is the judge who ran against Chief Justice Roy “Don’t Remove the Ten Commandments From the Courthouse” Moore. The moral of the story is: don’t use the Alabama judicial system. [Legal Schnauzer]

    * The FBI may be looking into whether lawyers conspired to have opposing counsel arrested on DUI charges by using a “comely paralegal” to get the lawyer drunk and then ask him to drive her home. [Tampa Bay Times]

    * Statewide Virginia Republican candidates are no friends of the libertarian wing of the conservative movement. On the other hand, are there viable conservative candidates not named “Paul” that are friends of the libertarian wing of the conservative movement? [CATO at Liberty]

    * The IRS scandal gets the SNL treatment courtesy of Seth Meyers and Amy Poehler. Video after the jump…

    3 Comments / / May 20, 2013 at 5:25 PM
  • tax law RF

    Accounting / Accountants, Federal Government, Politics, Tax Law

    On The IRS Mess And What It Means To Be A Lawyer

    The IRS scandal sheds light on what it means to be a lawyer — what it means to others, and what it means to us.

    17 Comments / / May 20, 2013 at 12:22 PM
  • Paging the next Aquagirl! Where are you? (Click for the image for the original post.)

    American Bar Association / ABA, Barack Obama, Biglaw, Commencement, Job Searches, Keker & Van Nest, Law Schools, Morning Docket, Partner Issues, Sports, Summer Associates, Tax Law, White House Counsel

    Morning Docket: 05.20.13

    * Obama might have found out about the IRS scandal “when it came out in the news,” but the Office of White House Counsel knew what was going on weeks ago. Hooray, a new reason for people to lose their sh*t. [Wall Street Journal (sub. req.)]

    * Life, liberty, and the pursuit of happiness through ridiculously expensive litigation: making up almost two percent of our GDP, our legal system is the most costly on earth, which isn’t exactly something we should be bragging about. [Corporate Counsel]

    * “It’s no surprise these lawyers would want to get off this sinking ship.” It looks like things are going just swimmingly for Steven Donziger now that John Keker’s out as his defense attorney in the Chevron fraud case. [Thomson Reuters News & Insight]

    * “Fantasy sports is usually the first and last thing I’ll do each day.” Here’s some proof that there’s such a thing as work/life balance in Biglaw… which is only applicable if you’re a partner. [Am Law Daily]

    * Law school enrollment is down, and so is tuition revenue, so the legal academy is now selling new degrees. It’s only a matter of time before they market employment timeshares. [National Law Journal]

    * On the bright side, if you’re still looking for a job, our own David Lat has some advice on how to get one (and how NOT to get one). We miss summer associates’ misbehavior. [U.S. News & World Report]

    * Congrats are in order for this weekend’s graduates, including the first graduates of LMU’s embattled law school — they won’t let a lack of ABA accreditation rain on their parade. [Knoxville News Sentinel]

    11 Comments / / May 20, 2013 at 9:07 AM
  • images-RF

    Goldman Sachs, Quote of the Day, Tax Law, United Kingdom / Great Britain, Wall Street

    So We’re Not Proud of This, But…

    Classic understatement from across the pond.

    2 Comments / / May 16, 2013 at 3:31 PM
  • Righteous Indignation RF

    Barack Obama, Department of Justice, Eric Holder, Politics, Privacy, Tax Law

    Righteous Indignation: On the IRS Abuses and the Banality of Bureaucratic Evil

    Ed. note: This is the latest installment of Righteous Indignation, our new column for conservative-minded lawyers. You probably saw this week’s topic coming. Until the folks at One First Street start tossing Elie and me some fresh meat to tussle over, my indignation — righteous as it is — must be directed elsewhere. Unless EM […]

    26 Comments / / May 16, 2013 at 11:29 AM
  • Tax Exempt

    Barack Obama, Politics, Tax Law

    Does Claiming 501(c)(4) Status Now Put You Above The Law?

    If tax lawyers aren’t supposed to distinguish between 501(c)(4) orgs and 527 orgs, than who is?

    48 Comments / / May 14, 2013 at 4:30 PM
  • Sad Obama

    Morning Docket

    Morning Docket: 05.14.13

    * This IRS scandal is really like a Republican’s wet dream. Obama needs to start firing people. [Washington Post] * The Department of Justice also looks pretty shady. See, it’s not the “size” of government we should worry about. It’s the power of government that leads to problems. Obama needs to start firing people! [Associated […]

    18 Comments / / May 14, 2013 at 9:17 AM
  • Biglaw, Books, Facebook, Federalist Society, General Counsel, Hedge Funds / Private Equity, In-House Counsel, Law Professors, Morning Docket, Murder, Musical Chairs, Partner Issues, Politics, Social Media, Social Networking Websites, Tax Law, Technology

    Morning Docket: 05.13.13

    * Given the name and origins of the Tea Party movement, it actually makes perfect sense that their groups got grief from the IRS. [Washington Post]

    * Wachtell Lipton weighs in against the practice of shareholder activists offering special compensation to director nominees. [Dealbook / New York Times]

    * A law professor, Joshua Silverstein, argues that schools should embrace grade inflation. (But haven’t most of them done this already?) [WSJ Law Blog]

    * Facebook shareholders might not “like” this news, but Ted Ullyot is stepping down as general counsel after almost five years. We’ll have more on this later. [National Law Journal]

    * The Brooklyn DA’s office is reopening 50 murder cases that were worked on by retired detective Louis Scarcella (who looks oh-so-savory in the NYT’s photo of him). [New York Times]

    * In news that should shock no one, Nicholas Speath’s dubious discrimination case against Georgetown Law has been dismissed. [The BLT: The Blog of Legal Times]

    * Not long after leaving Cravath for Kirkland, Sarkis Jebejian is putting together billion-dollar deals for private-equity clients. [Am Law Daily]

    * Professor Jeffrey Rosen reviews an interesting new book, The Federalist Society (affiliate link), authored by Michael Avery and Danielle McLaughlin. [New York Times]

    2 Comments / / May 13, 2013 at 8:43 AM
  • license-plate-I-am-a-tool

    Cars, Law Professors, Paul Caron, Tax Law

    Law License Plates: Models, Bottles, and Tax Studs

    Do you love tax law? These lawyers do, and they’ve proclaimed it on their license plates.

    8 Comments / / May 7, 2013 at 3:14 PM
  • goodbye farewell Ill miss you

    Biglaw, Layoffs, Musical Chairs, Partner Issues, Staff Layoffs, Tax Law

    A Mysterious Partner Departure — Plus Stealth Layoffs? — at Cleary Gottlieb

    Which up-and-coming partner just left Cleary Gottieb? And who else is departing from CGSH?

    13 Comments / / May 6, 2013 at 2:12 PM
  • 235px-LeBronJamesMiamiHeat2010

    Benchslaps, Facebook, In-House Counsel, Non-Sequiturs, Politics, Sports, Susman Godfrey, Tax Law, Technology, Videos, Women's Issues

    Non-Sequiturs: 04.22.13

    * Forget playing with Wade. LeBron took his talents to South Beach to avoid tons of state taxes. [The Legal Blitz]

    * Steve Susman of Susman Godfrey just completed the 180-mile trek from Houston to Austin by bike. Susman took part in this MS fundraiser with his grown kids and 35 other Susman Godfrey team members. Kudos. [National MS Society]

    * The Obama administration is entering a showdown over its use of the “state secrets” privilege. The government is concerned that if it cannot shield “no-fly list” paperwork, it might chill their frank discussion of racial profiling. [Politico]

    * A new in-house tool to replace outside counsel? Sure it may be cheaper, but can a computer get you playoff tickets? [Associate’s Mind]

    * Facebook COO Sheryl Sandberg’s new book, Lean In: Women, Work, and the Will to Lead (affiliate link), received a good deal of praise, but her model of “trickle-down feminism” is a tad suspect. [JDs Rising / Minnesota Lawyer]

    * We have a follow-up to the earlier Nevada benchslap. Now we have video of the judge handing out contempt charges for no reason. Wow. That’s some hardcore abused discretion. [Las Vegas Law Blog]

    * Remember the L.A. Law puppets video from a couple weeks ago? Well, it’s now a series. Watch Episode 1 after the jump….

    5 Comments / / Apr 22, 2013 at 5:41 PM