In battles between university presidents and law deans, the university president always wins. The university presidents have the backing of boards of trustees who barely know what is going on. Law deans usually don’t have the ear of the powerful people who actually make decisions about how universities are run.
But not this time; this time everybody loses. The dean who challenged his president is no longer the dean, but the president is now no longer a university president. And the law students… well, they were probably screwed a long time ago…
* Tim Tebow’s trademark will become invalid if “Tebowing” is not used in commerce. That might suck for him, but right about now Tim Tebow should be more concerned about whether “Tim Tebow” is going to be used in commerce. [The Official Review]
* Law school groups take to Facebook to advertise a panel on medical marijuana. A drug dealer litters the page with ads for drugs. Hilarity ensues. [Facebook]
* The Honorable Felicia Mennin may not understand time, but she does realize that “wearing jeans and a pea coat” does not a street walker make. [Jezebel]
* The mind behind Courtoons has a new iPhone App that lets you violently destroy the obnoxious 3 a.m. email from that partner. [iPhone JD]
* There’s a Philadelphia-based Instagram account, rats215, that posts witness statements to grand juries as an “anti-snitching” measure. This will end well. [Gawker]
* Dude who can set his water on fire is getting sued for defamation by… the people who made his water flammable. [Nation of Change]
On Friday, we reported that a law dean resigned from his post because the university was not providing the law school enough resources. We mentioned that there were come rumblings that the university president was more concerned with making the law school a bastion for fringe political theories instead of simply providing a quality legal education.
Our tipsters are worried that their law school curriculum will be brought to them by “Big Oil.” And now students have signed a petition asking for input on the search for a new dean…
Whenever a law dean goes out in a blaze of glory, it’s news. And by “blaze of glory,” I mean “resigns with a hyper-critical message to the larger university.” Law deans might be insensitive to the cost concerns of their students, but university presidents are generally clueless. A university president looking at a law school entering class is like Cypher looking at the Matrix. They don’t even see the code anymore, they just see “dollar sign, federally guaranteed loan, potential future donor.”
Obviously, law deans usually only resign in a huff when they’re not getting enough money from the university, and “we need more money” isn’t necessarily helpful to students since often the solution is to “jack up tuition.” But in today’s story, we have a dean who might have resigned for reasons beyond more than money.
It’s possible that this dean wanted to run a law school, while the university wanted to run a Tea Party training ground…
The only time you’re going to have an opportunity to study a whole area of the law systematically is in law school. You should not waste that opportunity. Take the bread-and-butter courses. Do not take “law and women,” do not take “law and poverty,” do not take “law and anything.”
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: