Morning Docket

Morning Docket: 12.07.16

* "Voters deserve to know that personal priorities will never take precedence over the national interest." Thanks to President-elect Donald Trump's unwillingness to release his tax returns, a New York lawmaker has introduced the Tax Returns Uniformly Made Public (TRUMP) Act, which would require presidential and vice presidential candidates to disclose their income tax returns going back five years to appear on the ballot in New York. [Big Law Business] * In what's being considered a blow to college athletes, the Seventh Circuit has ruled that they are not employees deserving of a minimum wage under the Fair Labor Standards Act. Fortunately, there may be a bright spot of hope in a concurring opinion because it shows that "[t]he nature of the relationship between kids who play FBS football and their schools, leagues and the NCAA ... is a business relationship." [Huffington Post] * Weil Gotshal snagged a prominent antitrust partner from Simpson Thacher, and it just so happens that he's already great friends with the attorney with whom he'll work alongside of as co-head of the firm's antitrust practice. Congrats to Kevin J. Arquit (and to Steven A. Newborn, who'll be reunited with a friend). [DealBook / New York Times] * President-elect Trump may turn to another prosecutor turned Biglaw partner to lead the SEC following the departure of Chairwoman Mary Jo White. It looks like Debra Wong Yang, chair Gibson Dunn's crisis management practice, may become Wall Street's "top cop" under the Trump administration. [Wall Street Journal (sub. req.)] * If you thought that the American Bar Association had learned its lesson after the closure of Indiana Tech Law, then you thought wrong, because the ABA has granted the UMass Law School full accreditation. Feast your eyes upon these glorious bar exam passage statistics from the last two July administrations of the test. [Lowell Sun]

By Staci Zaretsky on December 07, 2016 8:57 am
President-elect Donald Trump (Photo by Win McNamee/Getty)

President-elect Donald Trump (Photo by Win McNamee/Getty Images)

* “Voters deserve to know that personal priorities will never take precedence over the national interest.” Thanks to President-elect Donald Trump’s unwillingness to release his tax returns, a New York lawmaker has introduced the Tax Returns Uniformly Made Public (TRUMP) Act, which would require presidential and vice presidential candidates to disclose their income tax returns going back five years to appear on the ballot in New York. [Big Law Business]

* In what’s being considered a blow to college athletes, the Seventh Circuit has ruled that they are not employees deserving of a minimum wage under the Fair Labor Standards Act. Fortunately, there may be a bright spot of hope in a concurring opinion because it shows that “[t]he nature of the relationship between kids who play FBS football and their schools, leagues and the NCAA … is a business relationship.” [Huffington Post]

* Weil Gotshal snagged a prominent antitrust partner from Simpson Thacher, and it just so happens that he’s already great friends with the attorney with whom he’ll work alongside of as co-head of the firm’s antitrust practice. Congrats to Kevin J. Arquit (and to Steven A. Newborn, who’ll be reunited with a friend). [DealBook / New York Times]

* President-elect Trump may turn to another prosecutor turned Biglaw partner to lead the SEC following the departure of Chairwoman Mary Jo White. It looks like Debra Wong Yang, chair Gibson Dunn’s crisis management practice, may become Wall Street’s “top cop” under the Trump administration. [Wall Street Journal (sub. req.)]

* If you thought that the American Bar Association had learned its lesson after the closure of Indiana Tech Law, then you thought wrong, because the ABA has granted the UMass Law School full accreditation. Feast your eyes upon these glorious bar exam passage statistics from the last two July administrations of the test. [Lowell Sun]

Staci ZaretskyStaci Zaretsky is an editor at Above the Law. She’d love to hear from you, so feel free to email her with any tips, questions, or comments. You can follow her on Twitter or connect with her on LinkedIn.