Tax Law
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Biglaw, Boutique Law Firms, Federal Government, Small Law Firms, U.S. Attorneys Offices
More Prominent Prosecutors Leaving For Private Practice
Some recent notable moves from government to private practice. -
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ATL Redline, Justice, Politics, Tax Law
The Media Did Its Job Exposing Trump's Alleged Tax Fraud: But It Can't Make You Care
Turns out, it is Donald Trump, not Hillary Clinton, who has used his charitable foundation for illegal gain. -
Non-Sequiturs
Non-Sequiturs: 09.19.16
* Surprise, surprise. The federal government isn’t such a great steward of the Trail of Tears. [AP]
* Litigator and writer Jonathan Shapiro speaks with Deborah Kalb about his novel Deadly Force (affiliate link) and his latest legal TV show, Goliath, which premieres next month. [Books Q&As]
* Thoughts on fixing our broken government from Philip K. Howard, Covington partner turned author and reform advocate. [Wall Street Journal]
* The biggest scams you need to know about, before it is too late. [Pawn Hero]
* How to get juries to feel an acquittal in their gut. [Katz Justice]
* American history is owed to booze. [Law and More]
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Federal Judges, Rape
A Detailed Dive Into The Rape Allegations Against A Former Federal Judge
These allegations are now the subject of a $25 million civil suit against the ex-judge. -
Non-Sequiturs
Non-Sequiturs: 09.06.16
* Britney Spears’s lawyers are really quick to threaten lawsuits. Allegedly. [TMZ]
* The only Harry Potter analogy to tax proposals you’ll ever need. [TaxProf Blog]
* The legal case to take down an alleged Hollywood Peeping Tom. [Perez Hilton]
* EpiPen’s maker, Mylan Pharmaceuticals, is in more hot water. This time it is of the New York Attorney General/antitrust variety. [Gizmodo]
* Copyright troll caught in its own petard. [BBC]
* An update on the minor-league baseball wage litigation. [Fangraphs]
* Rating the sketch factor of Donald Trump’s donation to Florida’s Attorney General, Pam Bondi. [Slate]
* The work of a jury consultant, Dr. Bull, will be coming to a TV near you. [Law360]
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Money, Tax Law, Technology
Stat Of The Week: Europe Calls Shenanigans On Apple
The $14.5 billion penalty against Apple is the largest the EU has ever levied against a single corporation. -
Department of Justice, Federal Government, Job Searches
Reminder: DOJ And Other Honors Program Applications Are Due Soon
Check out these great job opportunities for graduating law students and recent law school grads. -
Biglaw, Job Searches
10 Things To Know About Executive Compensation
What is it like to practice in the area of executive-compensation law? -
Department of Justice, Sports
Olympic Gold Medalist Works At Department of Justice
Where do Olympians work after the games? Apparently, the DOJ. -
Drugs, Marijuana
ICYMI: Ninth Circuit Rules DOJ Can't Stub Out Medical Marijuana Businesses
The ruling hows that even our country's highest courts will not just rubber stamp everything the federal government does against cannabis. -
Department of Justice, Prisons
There Were Only 13 Federal Private Prisons... But Closing Them Is Still A Big Deal
Golly, who'd have thought marrying private equity and the Stanford Prison Experiment could go so awry? -
Federal Government, Law Schools
Law School, Cyndi Lauper, And USDA Join Forces To Honor Lesbian Farmers
There's a headline you never expected to see... -
Politics, Tax Law
Donald Trump Isn't Alone In Not Releasing His Tax Returns, But It Isn't A Lot Of Company
Who else played hard to get with their tax returns? -
Sponsored Content, Tax Law
Tax Firm Power Rankings
It's election season, and that means we're going to get a lot of people bemoaning the "length" of the tax code. But you know who actually has to read all of it? Tax Lawyers, that's who. And they know why it's so long too... -
Morning Docket
Morning Docket: 07.25.16
* If Republican presidential nominee Donald Trump wins the election, he may be the first president-elect to be standing trial for fraud prior to taking the oath of office. Judge Gonzalo Curiel has tentatively refused to dismiss one of the two pending Trump University cases, saying plaintiffs had met requirements for the case to move forward for a jury to decide whether Trump “participated in a scheme to defraud” students. [San Diego Union-Tribune]
* After being served with a class-action suit alleging she rigged the Democratic primaries and the release of emails in the latest Guccifer hack showing her favoritism for Hillary Clinton over Bernie Sanders, Rep. Debbie Wasserman Schultz is resigning as the Democratic National Committee’s chair after this week’s convention. [CNN; Observer]
* Five senators, including Bob Menendez (D-NJ), Elizabeth Warren (D-MA), Ron Wyden (D-OR), Debbie Stabenow (D-MI), and Cory Booker (D-NJ), have introduced the Student Loan Tax Relief Act, which would exempt forgiven loans from being taxed as income. Law school grads on IBR, ICR, or PAYE should pray this bill is passed. [Forbes]
* In an announcement made before markets opened, Verizon said it would be purchasing Yahoo for $4.83B. It’s rumored that Faiza Saeed, Cravath’s incoming presiding partner — who was appointed to a committee to explore Yahoo’s sale — was the driving force behind the deal, which is expected to close in early 2017. [Reuters; Big Law Business]
* Law firms are apparently in a “weak spot” when it comes to the detection of money laundering operations. That may be how Shearman & Sterling got mixed up with an alleged Malaysian plot to siphon funds from its trust account to purchase luxury items in a scheme that’s turned into an attempted $1B DOJ asset forfeiture. [WSJ Law Blog]
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Federal Government, Law Schools, Student Loans
An Open Comment To The Proposed Borrower Defense Regulations: Hold Tax-Exempt Law Schools Accountable
Law schools need to be held accountable financially for admitting applicants who can't pass the bar exam or find jobs. -
Non-Sequiturs
Non-Sequiturs: 07.05.16
* Tips from a Biglaw partner on balancing work and motherhood. [Big Law Business]
* But not everyone thinks that Biglaw is conducive to balancing family life with work. [Law and More]
* Which attorneys were most victorious at oral argument in front of the Supreme Court this Term? [Empirical SCOTUS]
* Legal pot growers have a looming battle with the IRS. [Slate]
* Is now the time to end the death penalty? [Guile is Good]
* RIP, Judge Abner Mikva, whose career also included work as a U.S. congressman from Illinois, White House counsel to President Bill Clinton, and mentor to Barack Obama. He died this 4th of July. [Washington Post]
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Morning Docket
Morning Docket: 06.27.16
* We hope that all of our readers had a wonderful weekend! In case you haven’t been keeping score like we have, these are the firms that raised salaries on Friday: Jones Day, Pillsbury, and Nixon Peabody. If you’re ever worried that you’ve missed any of our coverage on pay raises, you can check out our omnibus 2016 salary chart where we collect all of these stories. [2016 Salary Increase / Above the Law]
* Karmic retribution? The ABA keeps popping out accredited law schools as if it were some sort of a clown car, but it may lose the power to accredit law schools for a one-year period thanks to a recommendation from the Department of Education’s National Advisory Committee on Institutional Quality and Integrity. [Big Law Business]
* “For the time being, at this specific time on this court, Kennedy remains the pivotal justice.” Justice Anthony Kennedy may be almost 80, but he remains the Supreme Court’s constant swing voter. In his opinion in the Fisher affirmative action case last week, he was able to successfully “gut his own precedent.” [Washington Post]
* With a net worth between $7.6M and $25M, if Judge Merrick Garland were ever to be confirmed to the position for which he’s been nominated, then he’d be the wealthiest SCOTUS justice of them all. According to their financial disclosures, the next wealthiest justice is Stephen Breyer, with a net worth between $6.1M and $16M. [ABA Journal]
* Disbarred defense attorney F. Lee Bailey — who you may remember as being part of O.J. Simpson’s “dream team” — filed for bankruptcy in an attempt to escape $5M+ of debt owed to the IRS. He says the IRS previously turned down his settlement offers because he’s “a celebrity, and it would look bad for them.” [Portland Press Herald]
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Morning Docket
Morning Docket: 05.31.16
* Do not mess with federal judges: Shortly after presumptive Republican presidential nominee Donald Trump criticized Judge Gonzalo Curiel of the Southern District of California at a political rally by calling him a “hater,” the judge ordered that internal Trump University documents from a consumer fraud trial be unsealed. [POLITICO]
* The Clark County Defenders Union that represents Zohra Bakhtary condemned Judge Conrad Hafen in an open letter, writing, “[h]andcuffing an attorney who is merely doing her job to teach her a lesson is simply improper and has never been done in the history of Nevada.” [WSJ Law Blog]
* When we last checked in with Stephen DiCarmine, Dewey’s ex-executive director, he told a judge that due to financial constraints, he’d like to represent himself at retrial. Now, he’s hired Rita Glavin of Seward & Kissel for the job. [DealBook / New York Times]
* Uh-oh… Mossack Fonseca, the law firm behind the Panama Papers leaks, announced via Tweet its plans to close offices in several offshore tax havens. The firm will shutter offices in the island nations of Jersey, Gibraltar. and the Isle of Man. [VICE News]
* Who knew a Libor-rigging trial could be so exciting? Former Barclays trader and criminal defendant Ryan Reich was scolded by a judge after he interrupted a co-defendant’s testimony with shouts of “no, no, no, no.” [Big Law Business]
* Cassandra Q. Butts, former deputy White House counsel and longtime friend and advisor to law school classmate President Barack Obama, RIP. [Washington Post]