Which major law firms now offer the tax offset for domestic partner health benefits?
Litigation finance is a funding tool many companies are considering to help cover the fees and expenses related to major legal claims. We at Lake Whillans Litigation Finance have compiled a list of questions to help you determine if your client is a candidate for litigation finance.
* Change may be coming soon in light of the Newtown shooting, but any talk about new federal restrictions on guns will hinge on the Supreme Court’s interpretation of the Second Amendment through the lens of the Heller case. [National Law Journal]
* Joel Sanders and the Steves are facing yet another “frivolous” lawsuit over their alleged misconduct while at the helm of the sinking S.S. Dewey, but this time in a multi-million dollar case filed by Aviva Life and Annuity over a 2010 bond offering. [Am Law Daily]
* Always a bridesmaid, never a bride: Pillsbury has had the urge to merge since February, and now the firm may finally get a chance to walk down the aisle with Dickstein Shapiro. [Thomson Reuters News & Insight]
* Income-based repayment is a bastion of hope for law school graduates drowning in student loan debt, but when the tax man commeth, and he will, you’ll quickly find out that the IRS doesn’t have IBR. [New York Times]
* Is the premise of graduating with “zero debt” from a law school that hasn’t been accredited by the ABA something that you should actually consider? Sure, if you don’t mind zero jobs. [U.S. News and World Report]
* Daniel Inouye, Hawaii’s Senate representative for five decades and a GW Law School graduate, RIP. [CNN]
* How much could going over the fiscal cliff cost midlevel to senior associates whose bonuses get paid in January? Here’s an estimate. [Thomson Reuters News & Insight]
* Congratulations to the newest member of the S.D.N.Y. bench: former Debevoise partner Lorna Schofield, the first person of Filipino descent to be confirmed as an Article III judge. [AABANY]
* Judges in my home state of New Jersey are always so fair-minded. Here’s a great recusal motion, directed at Judge Carol Higbee in the New Jersey Accutane mass tort case. [Reed Smith via Drug and Device Law.]
* Make sure you don’t murder any babies before signing up to meet Nancy Grace. [Charity Buzz]
* If you’re looking for a stocking stuffer (affiliate link) for a young lawyer in your life, look no further; Dan Hull has a great recommendation. [What About Clients?]
If you’re interested in Judaism, Supreme Court clerks, or both, there’s a video for you after the jump….
I find Orthodox Jews who are boxers or professional basketball players more impressive than Orthodox Jews who clerked for the Supreme Court (shocking, I know). In case you’re curious as to who is the first Orthodox Jewish woman to clerk for the Supreme Court, watch this video….
* Katie Holmes… is free. FREEDOM. [ABC News]
* The Marbury v. Madison interpretation of the Roberts health care ruling (which I noted yesterday morning) is gaining a lot of traction. [Daily Beast]
* Killing me softly with taxes, killing me softly, with taxes, taking my whole life, with levies, killing me softly, with these taxes. [Going Concern]
* Texas GOP Platform says that they oppose teaching critical thinking skills to children. The party says it was a typo, but given how many people can’t think themselves above 150 on the LSAT, I don’t think they have anything to worry about. [Talking Points Memo]
* So, does this mean that Republicans don’t think the government can mandate ultrasounds, or what? [Huffington Post]
* I was on the radio yesterday talking Obamacare with Northwestern Law professor Tonja Jacobi and SCOTUSblog’s Amy Howe. [The Afternoon Shift / WBEZ]
* After the jump there is a spoken word poem about Law and Technology. That’s not a typo. Spoken. Word. Law & Tech. Don’t say I never did anything for you….
I hesitate to characterize it, other than to say I couldn’t believe that I was watching it:
ATL Academy For Private Practice Volume 1 – Getting Started offers a mix of deeply informed, sometimes contrarian, but always thoughtful insight into meeting the challenges of starting and optimizing your own practice. Click here to download.
* 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]
* Some law schools are thinking about reducing class sizes, but others are not. Said one dean, “People want to go to our school, and why should we say no?” [The Faculty Lounge]
* The fun coming out of the Seventh Circuit just doesn’t stop. Do you know what an “interrobang” is? [Volokh Conspiracy]
* Speaking of the “What What (In the Butt)” opinion, here’s some analysis from Professor Ann Althouse. [Althouse]
* Yeah, we know, we’re not supposed to give tax advice. So think of this as housing advice: if you earn $1 million or more, avoid living in a blue state. [TaxProf Blog]
* Free Winona Eggs Benedict! A New York City Council bill seeks to remove “unnecessary obstacles” to getting Sunday brunch. [City Room / New York Times]
* An Australian journalist’s thoughts on how to reform the Anglo-American legal system. [The Atlantic]
* Hmm…. should I look into buying the domain name david.lat? [Legal Blog Watch]
* How Dewey go through $43 million in six weeks? Is this like Brewster’s Millions or something? Discussion in this video….
* Apparently, it is illegal to father a second illegitimate child in Mississippi. I guess the first one is a freebie or a Mulligan, or whatever. If for some reason I ever have a personal need to know this tidbit, please shoot me in the face immediately. [Legal Juice]
* A class-action lawsuit will be filed tomorrow against the producers of The Bachelor, alleging race discrimination. I’m more concerned about the show’s overall crimes against good taste. (Zing!) [Legal Blog Watch]
* Just like a certain Biglaw firm, Goldman Sachs is dealing with a large number of partner defections. Goldman has a pretty good PR spin though: jumping ship is actually a sign of loyalty to the company. Right, just like the crew of the Titanic. [Dealbreaker]
* Today is #EqualPayDay. If you’re like me and didn’t know what that means, all you need to know is that the fairer sex is still not paid as much as big dumb oafs like myself. If you want to do something to fix this, Ms. JD has some ideas. [Ms. JD]
* Bigotry and prejudice are never okay. UNLESS you want to hate on a new-ish (yet exceedingly popular) religion that is also conveniently in opposition to your liberal political motives. In that case, right this way, sir… [Instapundit]
* If you don’t pay your taxes, the government wants to be able to take away your passport. So, hypothetically, if I were planning to flee the U.S. for, say, Spain, to avoid paying my taxes… I should leave, well, now. Umm, IwillseeyoulaterIhavetorunOKbye. [The Atlantic]
Dewey know how to do the partnership’s taxes? Some D&L partners are confused by the updated K-1 tax forms issued to them by the firm. And, speaking of Dewey partners, defections continue….
* Say sayonara to the Buffett Rule. Senate Republicans were successful in blocking the 30% tax on millionaires proposed by Democrats. And thank God, because that trickle down thing is totally working for us right now. [Wall Street Journal]
* Rich lawyers keep getting richer because they keep increasing their fees. That being said, where the hell are the bonuses? Come on now, SullCrom, are you seriously going to make us all wait until June? That’s really not very nice. [Thomson Reuters News & Insight]
* Well, that was quick: one minute men abound in the George Zimmerman circus. Mark O’Mara filed a motion to get Judge Recksiedler off the case, and the media filed a motion to get access to sealed records. [CNN]
* A federal judge presiding over the John Edwards campaign finance trial dismissed 47 potential jurors. Dude gets around, because apparently he had slept with all of them. Nah, he wishes, though. [Bloomberg]
* As a law school, it sure is easy to claim that just under 100% of the class of 2010 was employed nine months after graduation, especially when you were the one employing them. [National Law Journal]
* Seems like the New York Times has finally caught on to the ADA troll trend. Lawyers are recruiting clients to file suits against noncompliant businesses, but at least the disabled reap the rewards. [New York Times]
* Prospective welfare recipients in Georgia have a few more months to blaze before they’ll have to pass a drug test to receive benefits. Smoke two joints before you prepare for all the incoming lawsuits. [Washington Post]
* How can you tout your achievements in a cover letter without sounding like a tool? Here are some pointers from Professor Eugene Volokh. [Volokh Conspiracy]
* The “unbundling” of legal services is a big buzzword when talking about the direction of the profession. But, as Jordan Furlong posits, should lawyers and law firms start thinking about “rebundling”? [Law21.ca]
* Benchslap of earlier this month: the Fourth Circuit smacks around some saucy AUSAs. [Legal Blog Watch]
* “[P]ublic drunkenness is not illegal in NYC.” (Elie will be glad to hear this.) [Gothamist]
* How will SCOTUS rule on the Stolen Valor Act? Mike Sacks reads the oral argument tea leaves. [Huffington Post]
* Chris Christie to Warren Buffett: if you want to pay more taxes, “just write a check and shut up.” [Dealbreaker]
* A Harvard Law School student, Matthew Schoenfeld, stands up for a good cause. [Harvard Law School News]
Of all the routines in judicial gymnastics, few have a higher degree of difficulty than the reverse benchslap, and we’re trying for a combination double with our Opinion today. — Judge Mark V. Holmes of the United States Tax Court, dissenting in Tigers Eye Trading, LLC v. Commissioner. (The background behind this judicial invocation of […]
* Florida: a place where people don’t care about your income tax returns. Mitt Romney dominated the state’s primary, grabbing all 50 of the delegates needed for the Republican nomination. [New York Times] * Entry-level hiring might be down, but lateral hiring is being approached like an NFL draft. Biglaw firms want the best of […]