* Federal judges frequently fly across the globe on other people’s dime for conferences and symposia, but 2012’s most frequent flyer is a judge who was recently embroiled in an ethics scandal: Randall Rader of the Federal Circuit. [National Law Journal]
* Even though she claims nothing is “fundamentally broken,” Securities and Exchange Commission chairwoman Mary Jo White proposed “sweeping” new stock market regulations in an attempt to get with the times. [DealBook / New York Times]
* U. of Maine wants to combine its business and law schools, but professors are concerned about pressing questions like, “What will the diploma say?” rather than, “Do I get to keep my job?” [Portland Press Herald]
* Law schools are seen as cash cows for their affiliated undergraduate universities, but this law school is hurting so bad for cash due to low enrollment the university is infusing it with millions. [Minnesota Daily]
* A Pennsylvania man is suing his local police department for First Amendment violations after he was arrested for cursing in front of officers. N.W.A has a song this guy would like. [Pittsburgh Post-Gazette]
First, some good news: law students are starting to feel like the market has normalized. This year’s law revue submissions contained less of the “Oh Noes, Sweet Jobs Are Gone” parodies that have dominated the contest in previous years. This year was actually full of people whose greatest life tragedies apparently involved getting onto/not getting onto law review. The “new normal” is normal.
The bad news: videos about people getting onto/not getting onto law review are generally boring. Dear lord, every prospective law student and their mothers talk about wanting “practical training” and “clinical experience,” but the minute they get into law school they become obsessed with getting the most impractical résumé builder around. There wasn’t one “client” or clinical experience to be found in this year’s submissions. That should tell you a lot about the difference between what law schools say they’re teaching, versus what they’re actually teaching.
Anyway, we’re doing the worst of the worst at 3:00 p.m. on Good Friday. Joe Patrice says not to worry, we’ll have something better for you in about three days…
Ed. note: This is the latest post in our series of ATL infographics — visual representations of our own proprietary data, relevant third-party data, “anecdata,” or just plain jokes.
We know that law school applications are down, but how are the rest of the numbers looking for the class of 2016? Which schools experienced the most dramatic shrinkage in class size? How have LSAT scores and GPAs changed for the T14 vs. the T100? Which schools defied the downward spiral and actually experienced an increase in class size?
We love baby name trends almost as much as we love weddings, so we’re always interested to watch different names wax and wane among our brides and grooms. Remember back when everybody’s baby sister was named Caitlin? Now those little Caitlins are getting married in droves. Jordan was another popular name for boys and girls (there’s a Jordan among our contestants today).
It makes us feel a bit old to watch the last decade’s parade of Ashleys and Jennifers in their strapless dresses give way to the Caitlins and Jordans in their lace-backed gowns. When the little Olivias and Aidens start tying the knot, we’ll know we’ve got one foot in the grave.
Yesterday we asked you to advise a prospective law student choosing between NYU Law School, at full sticker price, and UVA Law School, at half price. You overwhelmingly voted in favor of UVA. (Some of you suggested in the comments that he try to use his UVA scholarship to wrangle some scholarship money out of NYU; he did, but NYU said no.)
Today we bring you another 0L choosing between some excellent law schools. This individual has narrowed his decision down to three places: UVA, Northwestern, and Minnesota. For those of you who slavishly adhere to the U.S. News rankings, the three schools check in at #7, #12, and #19, respectively.
So what makes this choice more challenging? The differing scholarship amounts they’re offering this candidate….
Ah, finals period, that wonderful time when all law students are crushed under pressure, and some of them turn into diamonds. Others just crumble. And still others take the pressure and sadness and turn it into a brilliant fountain of creativity.
Well, that doesn’t happen very often. But when it does, it’s pretty fun. A law student turned a case brief into a Night Before Christmas poem. It’s funny. I mean, it’s borderline insane to do this with a brief, but it’s pretty funny. Let’s hope our author backs away from the keyboard slowly…
Honestly, 'convert or be eaten' wouldn't have been a hard choice for me.
There are some debtors who go to such lengths to escape their obligations that you have to wonder what kind of person lent them money in the first place.
Today we’ve got an expedited motion to vacate. It’s filed by an attorney, representing the debtor, who seems mad — both mad as in “angry,” and “mad” as in “bats**t crazy pants.” She’s mad at the lender, and she’s mad at the judge.
But mostly, she’s mad at Catholics. Dirty, dirty Catholics….
The contest pitted a group against a couple. It pitted NYU Law against the University of Minnesota Law School — Big City v. Heartland. And when all the votes were counted, the final margin was seven votes, out of over 2,400 votes cast!
Should we have a run-off? Hell no! This isn’t youth soccer. The votes are final and winner takes all. Let’s see who gets the coveted Above the Law t-shirt(s)….
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: