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.
Morning Docket: 04.01.16
* According to a statement released by the RIAA, hundreds of musicians and songwriters -- like Katy Perry, for example -- have called on Congress to reform the Digital Millennium Copyright Act. Safe-harbor clauses are absolutely killing the artists' bottom line, and something must be done. [THR, ESQ. / Hollywood Reporter] * "[M]any law firms have had breaches, which they’ve kept quiet." Following the news that Cravath and Weil Gotshal had been victims of data breaches, Edelson, a plaintiff’s side firm, announced it would be filing class-action suits against 15 major Biglaw firms with cybersecurity problems. We can't wait to find out which ones will be on the receiving end of these complaints. [Big Law Business / Bloomberg BNA] * Being the world's first publicly traded law firm has turned out to be quite the debacle for Slater & Gordon. First, the Australian firm announced market losses of about $740 million, citing "underperformance in U.K. operations," and now its general counsel has decided to throw in the towel after only two months on the job. Ouch. [Am Law Daily] * “I have lost my faith in the potential for the Law School or its curriculum to put out people who care deeply about things." Members of Harassment/Assault Law-School Team, a student group that advocates for sexual assault victims, aren't impressed with Harvard Law's inaction on educating students about sexual assault. [Harvard Crimson] * How can we guarantee educators are being honest about graduates' job prospects? Based on the results of the Corinthian Colleges fiasco and the Alaburda v. TJSL trial, it seems like "[s]trict disclosure rules for all schools would be better than lawsuits and government aid as a way to ensure educator honesty." [DealBook / New York Times]
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The Borrower Defense Provision: An Easier Way To Discharge Federal Student Loans (With No Tax Consequences)?
A certain section of federal law that has been buried in obscurity over the last twenty years is suddenly gaining the spotlight as a possible path to loan forgiveness.
Morning Docket: 05.05.15
* Ever argued about weed before SCOTUS? Ever argued about weed before SCOTUS... while high? The Supreme Court asked Solicitor General Donald Verrilli Jr. to weigh in on the marijuana border wars suit filed by Oklahoma and Nebraska against Colorado. [Denver Post] * Well, that was quick! After enacting this rule just last year, the ABA now wants to put a stop to law schools using an exception that would allow up to 10 percent of their entering classes to consist of students admitted without having taken the LSAT. [ABA Journal] * Landon Thomas, a 2014 NYU Law graduate, has been missing for more than a week. He was last seen in Harlem on April 27. His friends and family have set up a Facebook page to aid in the search. If you have any information, please call the police. [DNAinfo] * Corinthian Colleges, a higher education system that ran an employment falsification scam that was eerily similar to what law schools were once doing, has gone belly up, and Biglaw firms are swooping in like vultures to get in on the action. [Am Law Daily] * After being convicted on 30 federal charges last month, Boston Marathon bomber Dzhokhar Tsarnaev showed some emotion for the first time during the penalty phase of his trial, where he was seen wiping a tear while his aunt sobbed on the stand. [TIME]