Many Professionals Have It Way Worse Than Lawyers When It Comes To Student Loans
It is important to consider other professionals in order to contextualize the student debt burdens attorneys face.
Morning Docket: 06.13.16
* We know our readers: here's the only news that you care about this morning. This is the roster of salary movement news from Friday and Saturday: Desmarais, Brown Rudnick, Susman Godfrey, White & Case, Shearman & Sterling, and Baker Botts. If you’re ever worried that you’ve missed any of our coverage, check out our omnibus 2016 salary page where we collect all of these stories. [2016 Salary Increase / Above the Law] * You may be wondering why some law firms in your city haven't hopped on board the Cravath-inspired MoneyLaw train yet. It's apparently all about competing market forces. John Beulick, Armstrong Teasdale's new managing partner, says he's considering bumping up associate pay because "[w]e want to and need to be competitive in our markets to have the talent that clients want us to have." [Big Law Business] * Speaking of raises for associates in flyover country, four Texas-based firms and seven national firms with offices in the Lone Star state have already announced matches to the new Cravath scale. Three more Texas firms -- Akin Gump, Haynes and Boone, and Andrews Kurth -- are expected to follow suit in the coming days. Please be sure to send us your firm's memos ASAP after raises are announced! [Dallas Morning News] * WHATCHA GONNA DO, BROTHER, WHEN LITIGATION FINANCE RUNS WILD ON YOU?!? Thanks to billionaire Peter Thiel's financial assistance, Hulk Hogan bodyslammed Gawker into submission with a multimillion-dollar jury verdict. After declaring bankruptcy and entering into an asset purchase agreement, the media company is investigating possible legal claims against the venture capitalist. [Forbes] * "I don't really think [this lawsuit] has legs." Doctors in California are filing suit to block The End of Life Option Act, a new state law that legalizes physician-assisted suicide. They claim that the law violates the state's constitution with regard to citizens' equal protection and due process rights because it fails to make "rational distinctions" between those who qualify under the law and those who are not covered under it. [WSJ Law Blog]
How You Can Take Control Of Your Firm’s Financial Future
Roadblocks to data-driven business management are falling, and a better bottom line awaits.
Non-Sequiturs: 12.17.15
* Fresh off the heels of a lawyer that was trying to sneak a gun into Disney World, the Mouse has tightened up security measures. I told you he was going to ruin everything. [Chip and Co.] * Chicago Law Prof. Eric Posner proposes limiting the First Amendment -- no, not over campaign finance reform, but because of ISIS. Ummm, okay? [Slate] * What will happen in the legal profession in 2016? Here are 41 guesses. [Business of Law Blog] * Overcoming the anxiety of starting at a new firm. [Attorney at Work] * Did the 11th Circuit screw up this rule limiting doctors' ability to speak with their patients about guns? [Volokh Conspiracy / Washington Post]
Morning Docket: 02.12.14
* Sedgwick is the latest Biglaw firm to jump on the back-office bandwagon. The firm will be moving all of its administrative operations — from HR to IT — to Kansas City, Missouri. Don’t be sad, it’s probably better than West Virginia. [Am Law Daily] * Lawyers may be pecking at Biglaw’s rotting carcass, but at least there are lessons to be learned for Big Med, the next profession supposedly on the brink of implosion. It’s time to stop obsessing over revenue and rankings. [The Atlantic] * Ten states rushed to help Utah defend its ban on gay marriage using “pretty embarrassing” arguments, but Nevada just washed its hands of its own appeal, saying its ban was “no longer defensible.” [Bloomberg] * Here’s something that’ll make you love or hate Chris Christie even more: he once made Bristol-Myers Squibb donate $5 million to Seton Hall Law to avoid securities fraud charges. Yep. [Washington Post] * Faruqi & Faruqi doesn’t want its attorneys’ compensation information to be disclosed to Alexandra Marchuk in her sexual harassment case against the firm. A kinder, gentler firm, huh? [Law 360 (sub. req.)] * Soon you’ll be able to take the bar before you graduate in New York, but only if you do pro bono work during spring semester of your 3L year — and you’ll likely have to pay to complete it. [New York Times] * If you just took the LSAT, you’re cutting it pretty close, buddy. Guesstimate your score so you can avoid sending out applications that will make admissions officers laugh. [Law Admissions Lowdown / U.S. News]
Morning Docket: 02.06.12
* More law school graduates are trying to get their day in court for bankruptcy protection. Looks like these people didn’t read their student loan MPNs carefully (or at all). They state pretty clearly that you’re screwed for life. [Reuters] * Part-time programs are closing their doors. Even Cooley Law took a hit, trimming its […]
Morning Docket: 10.07.11
* The Westboro Baptist Church has announced — on an iPhone — that it will be picketing Steve Jobs’s funeral. And now I have an Alanis Morissette song stuck in my head. [Los Angeles Times] * Price check on aisle seven. Price check on aisle seven for a divorce train wreck. People over in England […]
4 Ways That Lexis® Create+ Delivers Personalized Legal Drafting
Lexis Create+ merges legacy drafting tools with AI-powered assistance from Protégé and secure DMS integration enabled by the Henchman acquisition.
Here’s Another Thing You Can Blame Us Women For: Better Doctors, But More Lawyers
As more and more women decided to pursue higher education and become members of learned professions like medicine and the law, professional schools had to figure out what to do with all of their new female applicants. Schools in both of these fields figured out solutions. Take a wild guess as to which profession botched the decision....
Morning Docket: 09.21.11
* Hey, Preet Bharara, even Lady Gaga can read your poker face when you’re going all in on an allegation of Full Tilt Ponzi. Maybe Lederer and Ferguson will finally fold. [Wall Street Journal] * You know what this country really needs? More doctors who don’t believe in science. Another stem cell research case is […]
Will an M.D. Soon Be as Worthless as a J.D.?
If a professional organization wants to protect the incomes and job opportunities of its members — and if it wants to ensure the quality of the services being provided, thereby preserving the profession’s reputation — it needs to exert some control over who enters the field. A professional association should arguably do whatever it can, […]