* Congrats are in order for David Barron. The Harvard Law professor was confirmed to the First Circuit in a close vote (53-45), despite his apparent allegiance to our new drone overlords. [WSJ Law Blog]
* Another one bites the dust: Weil’s London banking leader Stephen Lucas decamped for Kirkland & Ellis. The firm retorted by saying: “We have got 40 finance lawyers left.” Aww, yay for you. [The Lawyer]
* Dean Jack Boger of UNC Law is stepping down, but he’s proud of keeping legal ed affordable. “[B]y relative standards, we’re still doing that,” he said. It’s ~$39K for out-of-state students. [Chapelboro.com]
* O.J. Simpson’s lawyers submitted a gigantic legal doc in an attempt to get him a new trial for his armed-robbery case. Court word limit: 14,000. Words in the Juice’s motion: 19,993. Rules: LOL. [NBC News]
Times are still tough in the legal industry. The industry shed 1200 jobs last month and we hear about layoffs — mostly staff, but some attorneys too — on a weekly basis. On the flip side, Citi Private Bank tells us that Biglaw is growing again with improvements in both demand and billable rates.
Now comes news that some global firms are handing out salary increases and bonuses?
Maybe good times — or at least above-average times — are here again….
This Lawyerly Lair is on a pleasant, tree-lined block in Chelsea (click to enlarge).
No, we’re not talking about “law clerk” as in judge’s aide. It’s hard to afford a seven-figure home on a public servant’s salary. We’re talking about “law clerk” as in someone who’s working at a law firm, essentially as an associate, but is not yet an admitted attorney in the jurisdiction.
This “law clerk” and his partner, also a law school graduate, just picked up a spacious Manhattan co-op for a little under $1.7 million. Their housing hunt was chronicled in the pages of the New York Times. Let’s read more about them, and check out the place they finally chose….
We hate to break it to you, but perpetual bachelor George Clooney is reportedly off the market. We all knew this day would eventually come, but that didn’t stop us from hoping against all hope that it wouldn’t. Clooney’s last love interest was a former professional wrestler, but this time around, he had the good sense to pick a woman who has both beauty and brains. His fiancée is a lawyer, and it’s much harder for us to pray for a marriage measured in Kardashians when you find out about some of her clients and accomplishments.
The lucky lady Clooney popped the question to is the “breathtakingly beautiful and formidably successful” Amal Alamuddin. Let’s find out some more information about her…
* A key member of Khalid Sheikh Mohammed’s defense team is leaving the Army because they were going to force him to leave the defense to attend a graduate course in Virginia. The kneejerk, liberal reaction is that this is a conspiracy to derail his defense. I highly doubt it. From my experience, the Army’s counterproductive decisions are staunchly arbitrary. [Huffington Post]
* Derek Khanna takes on the Aereo case before the Supreme Court ruins it for all of us. [Politix]
* Britain’s just like a cute little America. They have conservative politicians trying to win votes through nonsensical religious exclusion too. [What About Clients]
* Last time we checked in on Judge Carlos Cortez, he was defending himself against charges that he strangled and threatened to kill a girlfriend. Apparently things have gotten much, much darker down there in Texas. [Dallas Morning News]
* Cheerios is claiming that “Liking” them on Facebook constitutes a waiver of the right to sue. Let’s take this moment to encourage everyone to Like Above the Law on Facebook. [NY Times]
* New study determines that the United States is an oligarchy instead of a democracy. You’re telling me that a government explicitly founded on the principle that only a handful of wealthy men should have a voice grew into an oligarchy? Quelle surprise! [UPI]
* In the continuing saga of NYU’s allegedly shady spending, there are now reports that former NYU Law Dean and current NYU President John Sexton used school funds to convert two apartments into a duplex for his son. His son was married to an NYU Law employee and as I’ve said before, a school located in housing-scarce Manhattan should be able to do something to house professors, but as they say, “the optics” aren’t good. [Chronicle of Higher Education]
* Musings on what it’s like to clerk in the midst of “flyover country” (presumably like my early childhood home of Des Moines). It makes a valiant effort to redeem itself at the end, but this article is exactly why most parts of the country think New Yorkers are elitist dicks. Which, we kind of are, but you don’t want to broadcast that. [Ramblings on Appeal]
* The judge in the New Orleans Affordable Housing case may know the real identity of one of the anonymous commenters in the case. And if one of the anonymous trolls was a federal prosecutor poisoning the well in the case — like everyone suspects — it could aid the defense. [Times-Picayune]
* For those of you across the pond, there’s a one-day event for lawyers on the business case for Corporate Social Responsibility. It’s in England because American companies have already passed on the idea of corporate responsibility. [International Law Society]
* The annual Peeps In Law contest is open! Voting is open until 11:59 p.m. on April 21. [ABA Journal]
* A comprehensive look at the law school reputation rank component of the U.S. News rankings. Maybe Professor Illig can take heart that lawyers and judges still like Oregon better than U.S. News. [Tipping the Scales]
* Airline tells passenger to, um, screw herself. There’s no lawsuit yet, but that’s inevitable. [New York Magazine]
* Here are lawyers in wigs in cat selfies. The Internet is amazing. [Legal Cheek]
* New Jersey has finally issued a memo calling for more training for its judges in response to the veritable Debtor’s Prison they’ve fostered. [Bergen Dispatch]
* An engaged couple won the UVA Moot Court competition. Nothing says romance like researching for fake arguments. [UVA Law]
* Remember the Jennifer Gaubert story? She was the lawyer and former radio host who accused a cab driver of sexual harassment… and then the authorities watched the cabbie’s video and decided she was totally lying. Well, now that video is available. Watch it below…. [YouTube]
Damn it, you got a summons in the mail. That sucks, dude. You have to go to court. No one wants to go to court. Ugh, that sucks so hard.
You know what? Screw that, you’re not gonna go to court. In fact, you have a much, much better idea. You’re gonna sit home and do what you do best. You’re gonna do the thing that probably got you into this mess in the first place.
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: