Ed. note: This is the latest installment of The ATL Interrogatories. This recurring feature will give notable law firm partners an opportunity to share insights and experiences about the legal profession and careers in law, as well as about their firms and themselves.
Larren Nashelsky is the chair of Morrison & Foerster. Prior to becoming chair, Mr. Nashelsky focused his practice on U.S. and international restructurings, including Chapter 11 reorganizations, workouts, restructurings, secured financings and distressed acquisitions and investments. Larren is a graduate of Hofstra University School of Law.
Left to right: Alex Kozinski and Diarmuid O’Scannlain.
This week is an exciting one for conservative and libertarian legal nerds: the National Lawyers Convention of the Federalist Society starts tomorrow. I’ll be attending and covering the proceedings; if you see me, please say hello. (If you haven’t registered for the conference in advance, you can still register at the door.)
As always, the conference will overflow with legal luminaries. This year, two of the Ninth Circuit’s most notable names — Chief Judge Alex Kozinski, and Judge Diarmuid O’Scannlain (for whom I clerked) — will be making presentations. Chief Judge Kozinski will debate Professor Hadley Arkes about natural law and constitutional law, while Judge O’Scannlain will moderate a panel about religious liberty.
To whet your appetite, let’s read more about both of these judges and some recent First Amendment fun at the Ninth Circuit….
* The Obama campaign is going to court to fight for their big ‘O’ trademark. I guess their claim that Romney’s centrist pragmatism was infringing on Obama’s reputation as a practical moderate fell through once Romney started pandering to his base. [WSJ Law Blog]
When you join a cult alternative religion, it’s expected that you’re going to become accustomed to some rather unusual practices. And if that religion happens to be based upon science fiction books, well, you know that you’re going to be exposed to some crazy strange sh*t in all of life’s events. From marriage, to birth (of the silent variety), to divorce, to death, the Church of Scientology offers unique advice for its adherents to follow — advice that encourages Scientologists to abandon the legal system.
All hail the mighty Xenu, dictator of the Galactic Confederacy, who knows well the dangers of ridiculously high-priced legal bills. That’s why he isn’t a fan of modern-day divorce train wrecks. Take the recent filing between Tom Cruise and Katie Holmes — not only will that cost a pretty penny to litigate, but it will bring shame upon L. Ron Hubbard’s religious dynasty.
That’s why if you absolutely must split with your spouse, Xenu will forgo the necessary funds for Scientology pamphlets used for recruiting new minions, and hook you up with your own in-house divorce attorney….
How the hell are we supposed to pick our Comment of the Week when there was a holiday smack dab in the middle of the week? I mean, really, people are still nursing their Fourth of July hangovers, which made this week’s pickings a little slim.
Luckily for us, Katie Holmes fell prey to the Curse of 33, and “blindsighted” “blindsided” Tom Cruise with divorce papers, just in time for his 50th birthday. You’ve got to feel a little bad for the guy — his marriages all die quicker than Goose.
So this week, we picked the winner from the TomKat divorce post. Hold on to your thetans, folks, because we’re about to ride into the danger zone….
Unless you’ve been living in a volcano for 36 billion years, you’ve heard that Katie Holmes ascended the Bridge to Total Freedom last Friday by “blindsiding” Tom Cruise with divorce papers after five years of sham marriage. Bookies in Vegas no doubt saw this coming, given his marriage record and the fact that everyone claims to know someone who’s worked for him who says he’s totally gay. But unlike the rumors that dogged his last divorce (Nicole was apparently slated to receive a huge chunk of change under her prenup if they made it to ten years, so he divorced her after nine), this time the rumors center around Scientology…
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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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 six years. You can reach them by email: firstname.lastname@example.org.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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