At the start of this new year, what is the outlook like for legal employment? There’s certainly a fair amount of bad news out there, particularly for recent law school graduates.
But what about for denizens of Biglaw, the lawyers fortunate (or unfortunate) enough to work at the nation’s largest law firms? What does 2012 hold for them?
Earlier this month, my colleague Elie made some predictions for the legal profession. I will follow in his footsteps and venture some prophecies of my own for the year….
Casey Anthony, the young woman accused — and then acquitted — of killing her daughter, dropped off the radar after her sentencing in early July.
Thanks to Nancy Grace’s efforts, the allegedly murderous hottie soon became the most-hated woman in America. Rumors of attacks on Tot Mom look-alikes ran rampant, a burly African-American male named Casey Anthony had his Facebook wall defaced, and the real Casey Anthony was forced into hiding.
Within the past week, however, a purported video of the alleged child killer appeared on YouTube. Shortly thereafter, NBC News confirmed that the woman featured was, in fact, the real Casey Anthony.
She’s sporting a completely new look that’s reminiscent of a hot librarian. How does it compare to her old look, and what does she have to say for herself?
Well, we’ve got somebody who should be a late entrant into our Lawyer of the Year contest. He is Houston attorney Paul Waldner. He’s a partner at Vikery, Waldner & Mallia, which is an arm of Justice Seekers in Texas. He is a man who brings the funny with him to the deposition room.
Paul Waldner is a man who asks questions like: “So, your jurisprudential hymen is being ruptured?”
Oh, you think I’m joking? No sir, I have video!
And really, the witness’s answer might have been better than the question….
Somebody please tell him who the eff I is
I am Nicki [Bajaj], I mack them dudes up
Back coupes up, and chuck the deuce up.
(I have no idea what “macking … dudes up” involves. I just hope it’s legal in the state of Illinois.)
Is Reema Bajaj, the attractive solo practitioner accused of practicing more than law, trying to capitalize on the fame of Nicki Minaj, the rapper-singer-songwriter behind such hits as Super Bass (quoted supra)? It seems that Bajaj, the comely young Illinois lawyer who’s going to trial in March 2012 on prostitution charges, has rebranded herself as “Nicki Bajaj.”
Let’s hear from a tipster, and check out the exciting new website of Reema — er, Nicki — Bajaj….
Last week, we mentioned in Non-Sequiturs that the results for the November administration of the MPRE had been released. While most were elated with their scores, others had a serious case of the WTFs (i.e., “WTF, how did I fail this stupid multiple-choice test?!”). If you’re a member of the latter camp, you might be wondering what you can do to get a passing score for your state.
Worry not, law students, because we’ve got a solution for you. Enter the People of Channel 38 — three recent law school graduates who will school you on all things related to legal ethics in musical form. With their help, maybe you’ll pass the test next time. The fifth time is the charm, right?
We talk a lot here on Above the Law about the difficulties attorneys have in finding a work-life balance. Often Biglaw life becomes all work, all the time. Or sometimes, burned out attorneys run in the other direction entirely and open a bike shop, but it rarely feels like there is a viable in-between.
I’m inclined to say that if you have a passion, you should go for it, no matter what other people think. Lawyers should be allowed to wear different hats. Sometimes that means allegedly showing off your new boobs to co-workers. Sometimes it means making rap music.
And in one Ohio attorney’s case, it means writing, directing, producing, and starring in epically bizarre, Camelot-inspired heavy metal videos….
Welcome to Lawyers & Economics, a new video series on financial topics by Professor William Birdthistle of Chicago-Kent College of Law. Professor Birdthistle, who teaches corporate law, has been preparing well-received videos for his students on a variety of subjects related to economics and finance. We’ve previously linked to some of his work, which received positive reader feedback, so we thought we’d give you a bit more.
After the jump, here’s a short primer on the Greek debt crisis, which remains ongoing. Watch it, so you can sound enlightened the next time this topic comes up at a cocktail party.
It features not just Professor Birdthistle but also a television actor you might recognize, who left Hollywood to become a law student….
Let’s play a quick game (which we might return to later if there’s interest). If we were to give out awards to the different federal judicial circuits, in the manner of a high school yearbook, which awards would go to the different circuits? Here are some of my nominations:
As for the other awards, well, they’d all go to the Ninth Circuit. It’s the nation’s most famous (or infamous) federal appeals court, so it would win “Most Likely To Become A Celebrity.” It’s the biggest, so it would win “Most Popular” (especially among the ACS and ACLU crowd). It would win “Most Athletic,” since it includes California. And it would win “Biggest Flirt,” thanks to its numerous superhottie judges. (Don’t you wish they all could be California jurists?)
The Ninth Circuit would also run away with “Most Likely To Be Made Fun of on YouTube” — since it already has been. How many circuit courts can claim that distinction?
Earlier this month, a video showing Judge William Adams of Texas beating his disabled daughter went viral. Judge Adams didn’t try to deny what he did (which would have been tough, given the video); instead, he defended his actions.
Did the Texas Supreme Court find Judge Adams’s advocacy persuasive?
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: asia@kinneyrecruiting.com.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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