Gerald “Jerry” Sandusky

* Three days after arguing that an alleged Sandusky victim’s lawsuit lacked any factual basis, Second Mile decided to settle. Better strike while the iron is hot (and the wallet is open), lawyers. [Bloomberg] * So much for that “real shot,” huh? After a failed bid for bail, Galleon Group’s Raj Rajaratnam will begin serving […]

* Time to separate the men from the boys (but don’t tell Sandusky). An accuser has hired Jeff Anderson of clergy sex abuse fame, and he wants damages. [Wall Street Journal] * RajRaj is trying to stay out of jail. He thinks he’s got a shot at getting his Galleon convictions vacated, but he’s probably […]

* Are Asian American lawyers too nerdy to climb the Biglaw or corporate ladder — or is this just an outdated stereotype? [The Careerist] * Does having your law school sob story featured on national television count as “employed upon graduation”? (Or, more seriously, here’s an opportunity for an unemployed law school grad.) [Inside the […]

Prospective law students always get excited when they're offered application fee waivers. But what happens when a law school offers prospective applicants a fee waiver after its undergraduate institution is involved in one of the biggest college sports scandals of all time? Talk about bad timing....

* “The most valuable assets of a law firm go home every night.” If only Biglaw firms realized that prior to dissolution, we’d probably have a lot more happy partners and associates. [WSJ Law Blog] * If we can’t deregulate the legal profession, then what can we do to improve it? One law professor suggests […]