Wall Street
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5th Circuit, Benchslaps, Contests, D. Marvin Jones, Edith Jones, Law Professors, Lawyer of the Day, Murder, Prostitution, Reader Polls, Sex, Sex Scandals, Wall Street
Lawyer of the Month: September Reader Poll
Our candidates for the coveted Lawyer of the Month title have been a bit tame for the past few months. This time around, we’ve chosen some lawyers and law students who represent our more prurient interests and our unabashed love for scandal. Aficionados of hookers? We’ve got ’em. Vicious tongue lashings? We’ve got those, too. […] -
Free Speech, Money, Student Loans, Wall Street
Occupy Wall Street Needs To Occupy A Library
No mob has ever changed the course of history. For the last two weeks, the Occupy Wall Street people have been a mob. A leaderless, unfocused, and harmless mob. They're not even violent. And so they are (for some) easy to dismiss, ignore, and deride. The Occupy Wall Street people have no frame of reference; they're just out of their element.... - Sponsored
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Breasts, D.C. Circuit, Guns / Firearms, Health Care / Medicine, Morning Docket, Music, Racism, Rap, Wall Street
Morning Docket: 10.05.11
* An EEOC lawsuit claims that white workers were fired for being muy perezoso, and Hispanic workers were hired instead. Well, that’s a reverse stereotype if I’ve ever heard one before. [Businessweek] * Guns only have two enemies: rust and liberals. And apparently there are a lot of liberals in the nation’s capital, because the […]
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Anna Nicole Smith, Bankruptcy, Barack Obama, Biglaw, Breasts, Heller Ehrman, Money, Morning Docket, SCOTUS, Wall Street
Morning Docket: 10.04.11
* Anna Nicole Smith is still screwing old white men from beyond the grave. Biglaw firms want Heller Ehrman’s claims to be decided in federal court, not bankruptcy court. [Thomson Reuters News & Insight] * Kirkland & Ellis is pledging $2.75M to Stanford Law over the next five years in an effort to convince more […]
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Free Speech, Law Schools, Videos, Wall Street, YouTube
Video of George Washington Law Student 'Occupying' Wall Street: Hilarity Ensues
A video has surfaced from this weekend's somewhat ludicrous "Occupy Wall Street" protests. One kid who is currently a student at George Washington University Law School, set the protest on fire with his plaintive, whiny, pathetic rantings, as he literally begged to be arrested. It's a great example of how NOT to use your legal training to bring about meaningful change.... -
Crime, DealBreaker, Insider Trading, Reader Polls, Securities Law, Sentencing Law, Wall Street, White-Collar Crime
An Above the Law / Dealbreaker Debate: Insider-Trading Sentencing
Ed. note: This post was written by Matt Levine, the new editor on our sister site, Dealbreaker, and Elie Mystal. Matt here. You might think that Dealbreaker HQ exists only metaphorically in virtual space, or maybe in the fan fiction you’re hiding in your desk, but in fact Bess and I share a real physical […] -
Banking Law, Federal Government, Job Searches, Law Schools, Wall Street
Another Job Opportunity for 3Ls
Not many employers are interviewing third-year law students this fall. But there are employment opportunities out there for enterprising third-year law students. Today we bring you information about another program that's hiring graduating law students. The good news: the work/life balance is good, as are the benefits and the pay (six figures). The bad news: these positions aren't easy to land. So, what program are we talking about? -
Celebrities, D.C. Circuit, Douglas Ginsburg, Federal Judges, Feeder Judges, Intellectual Property, Law Schools, Madonna, Non-Sequiturs, Religion, Securities and Exchange Commission, Trademarks, Wall Street
Non-Sequiturs: 09.02.11
* Judge Douglas Ginsburg (D.C. Cir.) is taking senior status and joining the NYU Law faculty. Query how this will affect his feeding (and no, we’re not talking about New York versus D.C. restaurants). [The BLT: The Blog of Legal Times] * “Two Examples of Things Not to Say When You’re at Your Local IRS […] - Sponsored
How Generative AI Will Improve Legal Service Delivery
Learn how emerging tools will likely change and enhance the work of lawyers for years to come in this new report. -
California, Law Professors, Law Schools, Legal Ethics, Money, Peter Lattman, Reader Polls, Wall Street
Should UCLA Law School Accept Milken's Millions?
Ah, California. Your weather is amazing, but we don't want to deal with your earthquakes. Over at UCLA Law School, they're experiencing some earth-shaking controversy of their own. An ultra-wealthy alumnus made it rain, with a $10 million gift to the school -- but now some professors want to rain on his parade, and their objections have hit the national news media.... -
Biglaw, Layoffs, Money, Reader Polls, Staff Layoffs, Wall Street
Are We Entering a Double-Dip Recession? If So, What Should We Do?
On Monday, the stock market experienced its biggest drop since 2008. What's frightening about the latest economic turmoil is that it comes on the heels of a brutal recession that the U.S. economy has not yet fully recovered from. Are we entering the second dip of a double-dip recession? If so, what does that mean for law firms and lawyers? -
Basketball, Breasts, Non-Sequiturs, Sentencing Law, Sports, Wall Street
Non-Sequiturs: 08.02.11
* The NBA is suing its players for failing to negotiate in good faith. Funny, I think the players are acting with the same “good faith” NBA owners do when they steal teams from loving fan bases or hold cities hostage until they build new arenas. [WSJ Law Blog] * Having a drunk woman angrily […] -
Crime, Prostitution, Quote of the Day, Sex, Wall Street
Quote of the Day: A Recession-Proof Business?
The business of high-end prostitution is enormously profitable. — Brooklyn District Attorney Charles Hynes, commenting on the big bust of a prostitution ring aimed at wealthy Wall Street clients. (For more on this story, see Dealbreaker.) -
Crime, Federal Government, S.D.N.Y., U.S. Attorneys Offices, Wall Street, White-Collar Crime
An Evening With Preet Bharara
What does the U.S. attorney for the Southern District of New York expect from the prosecutors who work for him?
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Legal AI: 3 Steps Law Firms Should Take Now
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Money, Ted Frank, Wal-Mart, Wall Street
Can Legal Knowledge Help You Make Money in the Stock Market?
Friday was not a pretty day for the stock market. The Dow Jones Industrial Average closed below 12,000, for the first time since March of this year — a 1.4 percent decline. The S&P 500 also fell by 1.4 percent, and the Nasdaq composite index fell by 1.5 percent. Everyone is looking for an edge […] -
In-House Counsel, Wall Street
All that and then some...
Ed. note: This post is by Will Meyerhofer, a former Sullivan & Cromwell attorney turned psychotherapist. He holds degrees from Harvard, NYU Law, and The Hunter College School of Social Work, and he blogs at The People’s Therapist. His new book, Life is a Brief Opportunity for Joy, is available on Amazon (affiliate link). To […] -
Biglaw, Crime, Fast Food, Gay, Gay Marriage, Insider Trading, Kids, Labor / Employment, Mergers and Acquisitions, Securities and Exchange Commission, Securities Law, Wall Street, White-Collar Crime
Matt Kluger, Ex-Biglaw Associate Charged With Insider Trading, Is A Gay Dad -- and Once Sued Fried Frank Over It
“Aww, Matt, why do you have to go around giving us a bad name?” Ever since Matthew Kluger was charged in a massive insider trading case, involving an alleged conspiracy that spanned 17 years and generated more than $32 million in profit, the foregoing question could be asked by many groups: Cornell grads, NYU law […] -
4th Circuit, 5th Circuit, Animal Law, Barack Obama, Bernie Madoff, Crime, Free Speech, Insider Trading, Jeffrey Skilling, Morning Docket, Pets, Politics, Trials, Wall Street, White-Collar Crime
Morning Docket: 04.07.11
* Former Enron CEO Jeffrey Skilling’s appeal was denied by the Fifth Circuit. While he remains the smartest guy in the room, the room consists of him and a half-wit cellmate whose only discernible talent is making Prune-o. [WSJ Law Blog] * Bruce Fein, an attorney who worked on Clinton’s impeachment and called for Bush’s […]
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Biglaw, Crime, Insider Trading, Lawyer of the Day, Mergers and Acquisitions, Wall Street, White-Collar Crime
Ex-Associate at Three Top Firms Charged With Massive Insider Trading
There’s no contest today for Lawyer of the Day honors. The clear winner is Matthew Kluger, a former associate at three leading law firms, who has been charged in a massive insider trading case. Kluger stands accused of reaping more than $32 million in profit over the course of a 17-year conspiracy, which also allegedly […] -
Benchslaps, Biglaw, Dewey & LeBoeuf, Insider Trading, Musical Chairs, Non-Sequiturs, Trials, Wall Street
Non-Sequiturs: 03.08.11
* The epic insider trading trial of Raj Rajaratnam got underway today. Bess Levin, of our sister site Dealbreaker, comes up with a (rather hilarious and bizarre) list of possible character witnesses for Raj. [Dealbreaker] * Speaking of the Rajaratnam trial, who were those mystery men observing the proceedings in the courtroom? [Clusterstock] * In […] -
Books, In-House Counsel, Litigators, Securities and Exchange Commission, Securities Law, Shameless Plugs, Wall Street
Inside Straight: FAS 5 Fracas
Ed. note: This is the latest installment of Inside Straight, Above the Law’s column for in-house counsel, written by Mark Herrmann. First, a shameless plug; then, back to business. The plug: I’ll be giving my “book talk” about The Curmudgeon’s Guide to Practicing Law in several locations in the next couple of weeks, including in […]