Fancy a bit of history, old sport? The Great Gatsby was first published on April 10, 1925. Spoiler alert! The book’s title character, a mysterious young millionaire named Jay Gatsby, does not survive the novel, dying unexpectedly at the age of 32. Gatsby — a bachelor who spent his money on lavish parties at his mansion — presumably died without a will. This week, On Remand looks back at The Great Gatsby and the story of another mysterious magnate who died without a will. Or did he?
Trusts and Estates
* With all the focus on law schools, medical schools are quietly dropping the last year of schooling. If they can cut out a year of learning how to keep people alive, we can drop a year of learning Jane Austen and the Law. [The Atlantic]
* Congrats to Bayan Alzahran, the first licensed female lawyer in Saudi Arabia. Soon she’ll be valiantly trying to keep people from being stoned to death with the best of them. [Al Arabiya]
* God needs a lawyer in federal district court? Paging Roy Cohn. [Forbes]
- Craigslist, Defamation, Eminent Domain, Facebook, Free Speech, Job Searches, Jury Duty, Movies, Non-Sequiturs, Technology, Trusts and Estates, Twittering
* The Washington Post’s website was hacked by supporters of Syrian President Bashar al-Assad in what was apparently supposed to be a coordinated attack on Western media outlets. This marks the second time in 10 days that the Post has been brutally taken over by Internet geeks. [Washington Post]
* An 18-year-old girl took to Facebook to suggest that a 15-year-old girl has herpes. She was convicted of harassment. Putting aside all the hand-wringing over cyberbullying and the First Amendment, what kind of loser Senior is feeling threatened by a Sophomore? [IT-Lex]
* New Mexico’s Supreme Court would like to remind everybody that “not speaking English” is not an acceptable method of escaping jury duty. So stop practicing Klingon to get out of your jury summons. [FedSoc Blog]
* The Eminent Domain issues surrounding building a giant wall to keep out the giant inter-dimensional monsters from Pacific Rim. I’ll be damned if they obstruct the view from my beach house just because a 10-story hellbeast is sauntering out of the water! [Law and the Multiverse]
* Screwing around on a laptop during class can lead to as much as an 11 percent decline in attentiveness. It was so much easier to pay attention when we just had pen and paper and spent the whole class playing Dots and Boxes. [PrawfsBlawg]
* Mississippi police are on the hunt for someone managing a parody Twitter account mocking a couple of local politicians. Congratulations Mississippi! You’ve solved all the other crime problems and can turn to stroking the egos of butthurt politicians. [The Daily Dolt]
* Are you interested in being a trusts & estates lawyer in the Bay Area? Are you interested in making about $5/hr? Then we’ve got the firm for you! Screenshot after the jump in case this link gets taken down…
- Fabulosity, Lawyerly Lairs, Media and Journalism, Money, New Yorker, Real Estate, Trusts and Estates
These are challenging times for print journalism. The Boston Globe, which the New York Times acquired in 1993 for $1.1 billion, recently sold for $70 million (or perhaps negative $40 million, as Matt Yglesias suggests). Jeff Bezos just bought the Washington Post for $250 million, a fraction of its former worth (and he may have paid four times its true value).
But print journalism was good to many people for many years. In the glory days of magazine writing, publications would pay several dollars a word for features that were thousands of words long. These generous fees might explain how a prominent magazine journalist amassed enough cash to buy a four-bedroom apartment Manhattan, which he recently sold to a law firm associate for just under $2 million.
That’s a sizable chunk of change for a young lawyer. How many sixth-year associates can afford $2 million apartments? Let’s learn more of the facts….
- Biglaw, Bloomberg, Feminism, Gender, General Counsel, Kids, Partner Issues, Trusts and Estates, Videos, Women's Issues, YouTube
Friendly reminder: Mother’s Day is this Sunday. If you haven’t done so already, you should buy your cards or gifts — and make your brunch reservations — NOW.
In honor of this occasion, we bring you an interview with a working mother whose professional journey is nothing short of remarkable. She went from working as a law firm switchboard operator to becoming the first woman partner of Cravath, Swaine & Moore….
* If an armed society is a polite society, then Nelson, Georgia has the most polite motherf**kers in the country. [Constitutional Daily]
* Professor X is breaking the law? You know, he really should have seen that coming… [Law and the Multiverse]
* Incest is best when kept in the family. So go ahead and adopt your girlfriend. [Lowering the Bar]
* “Your Honor, I’d like my dong stricken from the record.” [OC Weekly]
* A slick recap of how completely screwed the legal industry is right now, by Axiom Law (via Bruce MacEwen). [Adam Smith, Esq.]
* On a personal note, as a debate coach myself, congratulations to everyone involved with the Emporia State debate team for becoming the first team ever to win both national championship tournaments (by way of analogy the “U.S. Open” and “The Masters”) for the same year. [Associated Press]
- American Bar Association / ABA, Antonin Scalia, Bankruptcy, Biglaw, Civil Rights, Department of Justice, Election Law, Federal Government, Gay, Gay Marriage, Gender, Labor / Employment, Lindsay Lohan, Loeb & Loeb, Money, Morning Docket, Paul Clement, SCOTUS, Supreme Court, Ted Olson, Trusts and Estates, Women's Issues
* President Obama nominated Thomas Perez, the head of the DOJ’s Civil Rights Division, to be the next secretary of labor. Republicans, of course, are all butthurtt, calling this a “needlessly divisive nomination.” [New York Times]
* Let’s get ready to RUMBLE! Be prepared to see some legal heavyweights next week when the Prop 8 and DOMA cases are argued before the Supreme Court, including Paul Clement and Ted Olson. [National Law Journal]
* How appropriate that Justice Scalia should break out the Spanglish for an Arizona voter registration law that requires proof of U.S. citizenship. Our beloved Wise Latina probably wasn’t too thrilled by this. [New York Times]
* To promote pay equity in law firms, the ABA is encouraging bar groups to hold conferences on the topic. The question on everyone’s minds, of course, is whether those conferences are billable. [Thomson Reuters News & Insight]
* Law schools aren’t the only places where transparency is lacking. Jeh Johnson, the DOD’s former general counsel, thinks the secrecy swirling around drone strikes is bad for the government. [At War / New York Times]
* The members of Debevoise’s displaced trusts and estates practice team have been picked up by Loeb & Loeb. Enjoy your new home, and your new — presumably lower — compensation package. [Am Law Daily]
* Lindsay Lohan took a plea deal yesterday, and instead of going to jail, she’ll be going to rehab to be kept under lock and key for 90 days. I’d say this is bad for her career, but who are we kidding? [Los Angeles Times]
* Casey Anthony’s trustee just answered my prayers. He wants the ex-MILF to sell her story to pay off her debts. I demand that LiLo be cast in the role! She’s the only one broken enough to pull it off. [Washington Post]
The move surprised some, given the kind of place that Debevoise is. As Peter Lattman put it, “it seemed to run counter to Debevoise’s reputation for a strong partnership culture. At a time when many large law firms have discarded the traditional partnership model and embraced a more bottom-line approach, Debevoise has been seen as retaining an old-school ethos — a genteel law firm known for its camaraderie and decency.”
We have some additional information about the wind-down process. On the bright side, it’s being conducted in a genteel, decent, Debevoise sort of way….
- Biglaw, Money, Morning Docket, Murder, Partner Issues, Partner Profits, Pepper Hamilton, State Judges, Trusts and Estates
* Oh my God, Debevoise & Plimpton is dropping its entire trusts and estates practice. Was the economy the cause? What about the eight soon-to-be-unemployed lawyers? And most importantly, what would Josh Lyman’s father think?! [DealBook / New York Times]
* Major props go out to everyone at O’Melveny & Myers for hitting an all-time high in terms of both profits per partner ($2.06 million) and revenues per lawyer ($1.1 million). Here’s hoping the bonus situation reflected those incredible numbers. [Am Law Daily]
* We probably should’ve known when Pepper Hamilton acquired the Freeh Group back in August that exciting things would happen. Say hello to Louis Freeh, the firm’s new chair. [Thomson Reuters News & Insight]
* Are we supposed to be surprised that the Millennials who are considering applying to law school are more self-confident than those who preceded them? They’re all special little snowflakes! [National Law Journal]
* If you’re taking the LSAT on Saturday, here are some tricks to keep yourself focused. But don’t worry, it’s only one of the most important tests you’ll ever take. [Law Admissions Lowdown / U.S. News & World Report]
* Sorry, George Zimmerman, but even though you’re poor, your trial isn’t going to be delayed. Perhaps Judge Nelson made this announcement to serve as a poetic birthday present for Trayvon Martin. [Orlando Sentinel]
In the wake of a record-breaking $580 million Powerball jackpot that none of us won, we all returned to our soul-crushing legal jobs and forgot about the dream of owning an island or riding a partner around the office like horse until the next big jackpot.
But some lawyers are making a living off the lottery. One law firm in New York, Certilman Balin, has even registered the domain name thelotterylawyer.com to tout their expertise in estate planning for lottery winners. That’s some quality SEO. Professional legal advice for lottery winners is a growing cottage industry as the public becomes more familiar with jackpot winners squandering their money.
But estate planning isn’t nearly as entertaining as the crying and gnashing of teeth from litigation. And lotteries have spawned some wild cases because wherever there are deep pockets and petty people there are legal fees just waiting to be collected.