There’s not much I can add to this Weinergate thing that hasn’t already been covered on these pages and everywhere else. Congressman Anthony Weiner has said that he’s not going to resign over the scandal that he tweeted various body parts to women other than his wife. I believe that he will have to resign, although not because of the tweeting, but because of the lying about it afterward. (Previously, he claimed that his social-media accounts had been hacked. He then admitted that that wasn’t strictly true. Or even a little bit true. He also conceded that the dog had actually not eaten his homework.)
This online imbroglio has made many wonder why he would even consider posting compromising photos and language on Twitter. Or for that matter, why he would even be on Twitter in the first place. Or why anyone would be.
Lawyers in particular often have trouble understanding why they should be on Twitter. Even my esteemed colleague Mark Herrmann has “proved” that Twitter doesn’t work. Well, I’ve got news for people who doubt that they should be tweeting:
Many of them probably shouldn’t be.
In fact, I’ve tried to identify the types of people (in addition to shirtless politicians in various degrees of arousal) who should stay away from Twitter. Here, then, are five people who should never tweet….
The location of the chain on the frank is a bit... suggestive.
* Oh goodness — this might be too much Weiner, even for me. It’s the transcript (PDF) of Anthony Weiner’s nine-month cyber sex relationship with a 40-year-old blackjack dealer in Las Vegas. [Radar Online]
* This wiener probably isn’t getting a “World’s Best Dad” mug on Father’s Day from his ex-Skadden daughter. [Law Shucks]
* In continuing wiener coverage, anti-circumcision queen Jena Troutman is cutting out her crusade against circumcision in Santa Monica. [The Atlantic Wire]
* Rounding out our wiener news, here’s a dispatch from Chicago. [WSJ Law Blog]
* Musical Chairs: Mark Walker, former managing partner at über-diverse Cleary Gottlieb, is leaving the firm for Lazard, the über-elite investment bank. Ka-ching! [Am Law Daily]
* Think that accounting firms are so much more family-friendly than law firms? Think again. [The Careerist]
Anthony Weiner at today's press conference (via Getty Images).
* Kashmir Hill’s take on Weinergate. She shares my admiration for Rep. Anthony Weiner’s sculpted physique, as showcased in his shirtless pics. [Not-So Private Parts / Forbes]
* Charles Colman poses a question for intellectual-property types to puzzle over: “at what point is a slogan so descriptive that it would simply be unreasonable to let just one company use it”? [Law of Fashion]
* Ross Fishman asks: How can law firms in smaller cities and legal markets generate inbound referrals? [Ross's Law Marketing Blog]
* It’s official: John Edwards has been indicted. Which leading law firm is he turning to for help? [Am Law Daily]
* Paul Clement v. Ted Olson: Professor Matt Bodie’s firsthand account of the Eighth Circuit oral argument in the NFL lockout case. [PrawfsBlawg]
* In fairness to Assemblyman Charles Calderon, Chief Justice Tani Cantil-Sakauye is quite attractive (and Filipino-American — w00t!). [ABA Journal]
* Weinergate teaches a familiar lesson: “Information which we share about ourselves online should never be considered private. Always make the assumption that anything that makes its way to the Net could someday be found.” [An Associate's Mind]
* Speaking of wieners, here’s a legal question you’ve always wondered about: “Can a gay softball organization restrict the participation of heterosexual softballers?” [Gawker; WSJ Law Blog]
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: