Retirement Benefits

Morning Docket

Morning Docket: 12.02.16

* "You’d think the least attractive school would charge the lowest price. What they’re doing is admitting students with relatively low LSAT scores, and charging them a high price for gambling on them." According to this higher-ed market analyst, 10 to 15 law schools may close if student enrollment continues to shrink and tuition continues to rise. [ABA Journal] * Attorneys working at the nation's highest-grossing Biglaw firms are not only making money hand over fist right now, but they're going to be quite well off come retirement time, too. The top 10 largest 401(k) plans in Biglaw each have more than $700 million in assets. Which firm came out on top? We may have more on this later. [Big Law Business] * President-elect Trump's campaign has filed an objection to Jill Stein's "lawless, insulting request" for a recount in Michigan, commenting on her "tiny vote total" and noting "voters should not risk having the Electoral College door knocked off its hinges all because a 1% candidate is dissatisfied with the election’s outcome." [USA Today] * Just because women make up nearly half of all law school classes, it doesn't mean they have the same job opportunities as their male classmates -- and that's likely because women are "clustered" at lower-ranked schools, meaning they "start at a disadvantage" when it comes to lifetime professional employment. [DealBook / New York Times] * Come fall 2017, Seton Hall Law will be one of the only schools in the country and the only school in the New York metropolitan area to offer a part-time weekend program for working professionals. The degree is meant to be completed in four years. How much could eight weekends of class cost per semester? About $39,000... [Daily Record]

By Staci Zaretsky
Biglaw

Morning Docket: 11.18.13

* The rocky relationship between McKenna Long & Aldridge and Dentons is being doubted by everyone, and it looks like Dentons may be on the verge of receiving the “it’s not you, it’s me” speech. [Daily Report] * Stephen DiCarmine, Dewey & LeBoeuf’s former executive director and resident fashionista, just hired a criminal defense attorney. We trust this man — jailhouse stripes must be so hot right now! [Am Law Daily] * Skadden cares about its people. The firm is trying to prevent a man who allegedly killed one of its legal secretaries, got high, and then ate six waffles from collecting funds from her 401(k). [New York Daily News] * Just imagine if this article were written in true BuzzFeed listicle style. It’d probably be called something like “3,742 Words on Why Mary Bonauto Is the Most Awesome Marriage Equality Lawyer Ever.” [BuzzFeed] * “I think it’s fair to say the hiring plan is kaput.” As we previously reported, the Law Clerk Hiring Plan is dead, and the heat is on to figure out a way to lure federal judges back to OSCAR. [National Law Journal]

By Staci Zaretsky