* It looks like some pretty big changes are going to be coming down the pipeline at Washington & Lee University School of Law. From faculty and staff layoffs to payouts from its endowment, this generally doesn’t look pretty. We’ll have more on this news later today. [Lawyers, Guns & Money]
* The 87th Academy Awards ceremony is this weekend, and you know what that means: IP lawyers are doing their damndest to protect the Oscars brand. Can you imagine the sheer number of cease and desist letters that have been going out? [National Law Journal]

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* Congratulations to Marci Eisenstein, who was recently elected to become the first woman to serve as managing partner of Schiff Hardin in the firm’s 150-year history. FYI, the firm’s most recent partner classes have been 2/3 women for the past three years. [Am Law Daily]
* New Jersey Governor and would-be Republican presidential candidate Chris Christie made five firms really happy in 2014 thanks to all of the legal work he handed to them. Gibson Dunn, for example, earned $7.9 million from the Bridgegate affair. [Courier-Post]
* Which state will be the next to legalize recreational marijuana? It may be Vermont, where Senate Bill 95 would allow those 21 and older to possess, use, and sell pot. Just think, you can save the environment and get high while you do it! [Huffington Post]