* Former Congressman Jesse Jackson Jr. is heading to prison in Alabama for 30 months. Among the items he improperly purchased with campaign funds was a cape. How awesome is that? [Reuters via Yahoo! News]
* The Bureau of Prisons is planning to move its female inmates out of Danbury to convert it to a men’s prison. The author behind Orange Is the New Black has a different plan. [Jezebel]
* Reminiscent of the gun post a while back, more proof that women have all kinds of room to store contraband. [Legal Juice]
* Simpson Thacher lawyers reached some “unsettling conclusions” about the Clinton Foundation. Probably spending too much time with that Lewinsky Foundation. [New York Times]
* You thought there was animosity toward lawyers in the U.S.? Check out how much they hate them across the pond. [Legal Cheek]
* Whitey Bulger was convicted on 31 of the 32 counts he faced. [NBC News]
* Eric Holder announced that the federal government will stop charging certain drug offenders with crimes that carry draconian mandatory minimum sentences. Apparently, he just now realized the prison system is riddled with non-violent offenders. The last horses are finally crossing the finish line, folks! [Washington Post]
* Johnny Manziel has hired counsel for his upcoming NCAA probe. Surprise, surprise, it’s Champ Kind from Anchorman. [Jim Darnell]
* As a follow-up, the lawyer who filed suit against his ex-wife for bad mothering is facing ethics charges in an unrelated matter where he wrote a will giving his own kids 40 percent of his client’s estate. It take something special to try and slip that one past the goalie. [ABA Journal]
* The former escort behind the nom de plume Belle de Jour, whose exploits gave rise to a TV show, is being sued for defamation by an old boyfriend who claims her sexploits are a lie. If you can’t trust a detailed diary of sexual experiences, what can you trust? [Jezebel]
* Here are the top energy law priorities facing Congress after they return from summer recess. Repealing Obamacare, Congress’s only priority, is not an energy policy. [Breaking Energy]
* For IP attorney LOLZ, here’s a fun Tumblr. [IP Attorney]
* A law student at Wisconsin has developed a system that allows easy stalking of someone’s smartphone. While this makes him sound like a jerk, his intention is to prove how unacceptable this lack of privacy really is. It’s not stalking if it’s proving a point! [Ars Technica]
* The Sixth Circuit thinks the emergency manager law in Michigan may violate the state’s constitution. This could throw the whole Detroit bankruptcy into doubt. There’s a lot of talk about how this could help city pensioners, but let’s focus on the victims it could cause — what would happen to Jones Day’s billings? [Constitutional Law Prof Blog]
Remember those annoying gunners in high school? Running around joining every club and running for student government so they can pad their résumés with yet another achievement to become just slightly more attractive?
Well, this Tracy Flick stand-in puts all those gunners to shame. She may even have the best plan for gaming the American law school system yet: getting admitted in the U.K. first.
Enter Gabrielle Turnquest. She’s 18 and the youngest lawyer in the history of the U.K.
Ed. note: We are having an Above the Law retreat this afternoon, so we may be less prolific than usual today. We will return to our regularly scheduled programming tomorrow.
* “I think I am now the hardest-working justice. I wasn’t until David Souter left us.” Justice Ginsburg celebrates her twentieth year on the high bench in true diva style. [USA Today]
* Sorry, EA, the Ninth Circuit thought your First Amendment free expression defense to allegedly stealing college sports players’ likenesses was a load of hooey. [Wall Street Journal]
* “It’s a decision that clearly favors the merchants.” A federal judge gave the Fed a spanking in a ruling on its cap for debit card fees earned by banks after consumer swipes. [DealBook / New York Times]
* The firm that outed J.K. Rowling as author of “The Cuckoo’s Calling” will make a charitable donation as an apology — getting the book to the bestseller’s list wasn’t charitable enough. [New York Times]
* As the bar exam draws to a close today, here’s something to consider: 12,250 people signed up to take the test in New York alone. Are there jobs out there for them? Best of luck! [New York Law Journal]
* Cleveland kidnapper Ariel Castro is expected to speak at his sentencing hearing today, where a judge will decide if a term of life in prison plus 1,000 years is appropriate punishment for him. [CBS News]
But, at the end of the day, the story that lorded over the legal week was Noam Scheiber’s piece in The New Republic about the decline of Biglaw. So let’s talk about why most lawyers drink themselves asleep in dark rooms and how attorneys are a lot like professional athletes.
Oh, and Justice Scalia called people Nazis, and the royal baby proved how awful punditry can be…
When my late grandmother heard I was going to law school, she recommended that I go into matrimonial law. It was her view that in a divorce, the real winner isn’t the husband, or the wife, but their attorneys: “The couple ends up with nothing, the lawyers end up with everything!”
That’s not exactly true. My grandmother — who worked as a doctor and not a lawyer, in a country that doesn’t have divorce — was hardly an expert on family law.
But there’s no denying that some divorces are very expensive for the couples — and very lucrative for the lawyers. One Biglaw partner and his (soon to be former) wife have racked up seven figures in legal bills. And they’re not even done yet….
I really don’t have anything to add on the Royal Baby beyond what’s been said by The Onion. The baby’s adorable; good job, England.
But while all England is hung up on this last vestige of monarchy, the real political power in the United Kingdom is busy trying to institute the kind of sexual censorship that would have made Queen Victoria proud. Under the cover of Will and Kate’s baby, British prime minister David Cameron is trying force people to “opt in” to pornography on the internet.
Or to put it another way, he’s trying to censor “porn,” even as he admits that he doesn’t really know how to define it….
Unless you’ve made some deliberate, heroic effort to not know, you are aware that the most feverishly anticipated baby since 0 A.D. is now finally among us. This is a huge deal. People love babies. People love princesses and what not. So: huge deal. Thus, as we await the naming of the boy Windsor and as a flimsy topical pretext, let’s have a look at how the Magic Circle, the UK’s legal royalty, rate in the ATL Insider Survey.
The Magic Circle comprises five venerable London firms: Allen & Overy, Clifford Chance, Freshfields, Linklaters, and the terrifyingly-yet-diffidently named Slaughter and May. Powerhouse “Slaughters” is the only one of this prestigious group lacking a New York office. The other four are among the most truly global firms and are among the top ten firms in the world measured by revenue. S&M is also the only one of the group for which we lack sufficient survey responses to generate ratings based on the ATL Insider Survey. After the jump, see how the others’ New York offices stack up in terms of Compensation, Hours, Training, Firm Morale, and Culture.
* Sorry, ladies — the Duchess of Cambridge gave birth to a baby boy. Unlikely to be named “Joffrey.” [Fashionista]
* The PAC-12 is trying to block a for-profit university from joining Division I athletics. Hear hear. Division I athletics is for making millions exploiting an unpaid labor force and is no place for something as crass as a for-profit school. [Sports Illustrated]
* Professor Kyle Graham wonders: Do judges have slumps? [noncuratlex]
* If you’re fed up with the law, consider being a trophy wife! [The Careerist]
* For those high school graduates who already know they want to be lawyers, Denver Law has a joint Bachelor’s/J.D. program. So what’s the angle here? Locking undergrads into DU Law years in advance, or protecting DU’s LSAT median by filling the class with students who don’t take the LSAT? [University of Denver Law School]
* Sheikh Mohammed bin Rashid Al Maktoum of Dubai has pardoned a Norwegian woman who had been sentenced to prison for the transgression of being raped. Remember, Dubai is the relatively forward-thinking country in the region. [CNN]
* Justice Kagan can get a little snarky, can’t she? [Dorf on Law]
* Trevor Faure of Ernst & Young explains how a variety of market forces have placed law firms and their clients in an almost adversarial setting. Video after the jump….
For all of the unnecessary pomp and circumstance associated with the British monarchy, we sure are obsessed with it in America. Perhaps it’s because their gorgeous young royals are great at generating headlines, whether reputable or repugnant. First, there was the royal wedding of Prince William and Catherine Middleton, an eleventy-billion-hour extravaganza of elegance that our eyes were glued to for what seemed like all eternity. The family quickly dropped nobility’s veil, and just one year later, Prince Harry’s crown jewels and Duchess Catherine’s breasts were put on display in gossip rags for all the world to see. After recovering from tabloid infamy, we are now eagerly awaiting the birth of the royal baby, which is a very, very big deal.
The young royal couple does not yet know the sex of their child, and Duchess Catherine, who wanted to have a natural birth, has been in labor for more than 11 hours. At this point, she’s likely desperate to greet His or Her Royal Highness. Typically, British royalty would be crossing their fingers for a male heir to the throne, but thanks to the Succession to the Crown Act, all of that is going to change…
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
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: