* Mmm, the taste of money. Kirkland & Ellis and Ropes & Gray are assisting in TPG Capital’s $750M investment in Chobani, a Greek yogurt everyone (except me) absolutely loves. [Am Law Daily]
* A partner from the DebtStoppers law firm was arrested earlier this week after he was accused of refusing to pay a $950 bar tab. Well, we guess that’s one way to stop debt. [RedEye Chicago]
* The FBI raided an Ohio law firm this week, possibly in connection with a client’s murder outside its doors and one of its attorneys calling in a courthouse bomb threat. [Northeast Ohio Media Group]
* Canadian karma: As it turns out, graduates of the newly approved Trinity Western University Law School won’t be able to practice law in Ontario because of the school’s “abhorrent” anti-gay policies. [GlobalPost]
* Tony Buzbee, regent of the Texas A&M System, donated $1M to Texas A&M Law to fund the Johnny Football Endowed Chair. Okay, not really, but it’d be a lot cooler if he did. [Fort Worth Star-Telegram]
Games are underway. Your daily routine of blowing off work to read Above the Law is now complemented with blowing off work to watch a streaming CBS feed. If you’re going to do anything legal today — and I mean “legal” both as “law work” and “not illegal” — you might as well vote on the worst law school in America.
Polls for all 16 first-round matchups appear below. Get down there and vote for your favorites. Or least favorites, as the case may be.
Whatever you do, may your degree not be permanently sullied by this competition….
Now that you’ve listened to the Above the Law editors draft their picks for the Worst Law School in America, it’s time to start filling out your brackets. The official ATL selection committee arranged the picks into a bracket retaining the integrity of the seeds, but otherwise shifting teams around to avoid having an editor’s teams face off in the first round.
While at the AALS conference this weekend, talking about law school rankings, I joked: “The average man on the street would rank Princeton Law School as a top-five institution.” I was making the point that “prestige” rankings exist in the eyes of the public, whether or not they are memorialized by U.S. News.
Law schools that lack prestige are always willing to tell prospective law students that their school is very “well respected” in its market. Failing that, they try to tell law students that prestige doesn’t matter. And from the perspective of a twenty-something who has never worked in the legal community, it makes sense that prestige is overrated. It makes sense that people would value the skills you have over the law school you graduated from.
But in the real world, employers are not obligated to make sense. Students learn the hard way that the prestige (or stigma) of your law degree has real-world effects on your employment prospects, probably for the rest of your career.
A group of law school graduates would like to do something about their own stigmatized degrees. Since their school has gotten a prestige upgrade since their graduation, these alumni now want new diplomas to reflect that prestige bump…
* As previously discussed, Morgan Lewis partner Leslie Caldwell hopes to take over where Lanny Breuer left off at the DOJ Criminal Division. Her nomination was formally announced this afternoon. [Blog of Legal Times]
* Judge Scheindlin doesn’t want to end stop-and-frisk in New York City, she wants to end racial profiling, so you can’t have a stay pending your appeal to the Second Circuit, Mayor Bloomberg. [New York Law Journal (sub. req.)]
* Dewey know which companies were the latest to be sued by the failed firm’s liquidation trustee to recover funds paid out in the days before it went under? Yes, and Dial Car is really pissed off. [Am Law Daily (sub. req.)]
* Let’s face the facts: no one’s goal as an attorney in Biglaw is to make it drizzle. Because “law firms don’t know when to fold when trying to hire lateral partners,” they sometimes wind up with the opposite of what they want amid their ranks. [The Lawyer]
* Texas Wesleyan Law has been Texas A&M Law for only a few weeks, but new traditions are already being made for Aggie lawyers. Now when students enter a classroom, the professors say “howdy.” [KBTX]
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past seven years. You can reach them by email: firstname.lastname@example.org.
Things have changed recently in Korea – a few of our US and UK client firms are looking, very selectively, for a lateral US associate hire. Until just recently, there was not much hiring like this going on in Korea, since US and UK firms started opening offices there. We have already placed two US associates in Korea in the past month at top firms. Most of the hiring partners we work with in Korea do not actively work with other recruiters.
If you are a Korean fluent US associate in London, New York or another major US market, 2nd to 6th year, at a top 20 firm, with cap markets or M&A focus (or mix), or project finance background, and you are interested in lateraling to Korea to a top US or UK firm, please feel free to reach out to us at email@example.com or firstname.lastname@example.org. Our head of Asia, Evan Jowers, was just in Korea recently, and Evan and Robert Kinney will be in Korea in a few weeks. We are in the process of helping several firms open new offices in Korea (a number of which are interviewing our partner level candidates) and also helping existing offices there fill openings.
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