* Everybody is having a pants party today over these five careers U.S. News thinks you can do with a law degree. But here’s the thing, for every one J.D. holder who fills one of these positions despite their law degree, I can name ten people who have the same job and DIDN’T have to waste three years of their lives and more than $100,000 to get the opportunity. Christ on an opportunity Cross, if I had gone to journalism school instead of law school maybe I’d still have this job and be able to use a comma. [WSJ Law Blog]
* If you don’t have a gavel, you can’t be a judge. No really. Not in Utah. I guess they need visual cues out there. [Salt Lake Tribune]
* I can’t even keep American kids from pursuing law degrees, there is no way I’m stopping foreign students. [Bar and Bench]
* If you are following us on Twitter during tonight’s stump speech State of the Union, here’s a fun drinking game. [Constitutional Daily]
* Judge Wesley Brown (D. Kansas), the longest-serving federal judge in history, just passed away (at the age of 104) — R.I.P. [Wichita Eagle]
Apparently you guys really like seeing “funny” videos about law students even after I’ve subtlety warned you to manage your expectations. Here’s what I was email bombed with today. Can tomorrow please be the day where we get flooded with naked women or something?
When I clerked on the Ninth Circuit years ago, one of the judges on the court at the time was extremely old — and didn’t seem very “with it.” His law clerks seemed to take on a large amount of responsibility. One of his clerks that year, a law school classmate of mine I’ll call “Mary,” would negotiate over the phone with Ninth Circuit judges over how particular cases should come out — a responsibility well beyond the legal research and opinion drafting done by most clerks.
On one occasion, a vote on whether to rehear a case en banc emanated not from the judge’s chambers account, but from Mary’s personal email account. Even more embarrassingly, it was written not on behalf of the judge or the chambers, but in the first person: “I vote YES to rehearing en banc.” A law school classmate of mine who was also clerking for the Ninth that year remarked, “I thought only judges did that. When did Mary get her presidential commission?”
Some of us jokingly referred to that chambers as Weekend at Judgie’s. What appeared to be going on over there reminded us of Justice Thurgood Marshall’s famous quip to his clerks: “If I die, prop me up and keep voting!”
We joked about this delegation of Article III authority to a newly minted law school graduate. But as Joseph Goldstein suggests, in a very interesting article just published by Slate and ProPublica, the issue of superannuated jurists is no laughing matter….
What’s the judge wearing underneath his robe? In the case of Judge Wesley E. Brown of the District of Kansas, the oldest living federal judge, the smart money is on these.
Judge Brown, the subject of a front-page profile in the New York Times (the news cycle is a little slow right now), is a whopping 103 years old. He was born on June 22, 1907. The president at the time was Roosevelt — Teddy, not Franklin. Judge Brown was appointed to the district court by President John F. Kennedy, and he’s one of just four JFK appointments still on the bench.
Despite his (extremely) advanced age, Judge Brown still regularly takes the bench to hear cases. And, impressively, he does so with his eyes open….
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: