
Associate Salary Cuts, Decreased Partner Draws, And Staff Furloughs At This Am Law 200 Firm
But the partners are bearing the brunt of the firm's financial burdens.
But the partners are bearing the brunt of the firm's financial burdens.
* "Congress is the only source for such an appropriation, and no public money can be spent without one." The House was successful in its suit over the improper funding of an Obamacare subsidy program, but this victory may serve as a setback to those who have come to rely upon it. You can expect the Obama administration to appeal. [POLITICO] * The Ninth Circuit will allow attorneys who secured a victory in the Stetson BARBRI antitrust case to get a second chance to score the nearly $2M in attorneys fees they originally requested before Judge Manuel Real shot them down. Due to his prior "erroneous findings and conclusions," the Ninth Circuit has essentially removed Judge Real from the case. [Courthouse News Service] * “People are turned off on legal education because of a lack of suitable paying jobs." Even while facing a dearth of applicants, Minnesota Law has decided to scale back on the size of its first-year class -- taking in less of the tuition income that it needs to survive -- in order to preserve its standing as a top law school. [DealBook / New York Times] * Former partners of the dearly departed Dickstein Shapiro will no longer have to worry about that $8.4 million sublease lawsuit filed by Sullivan & Worcester after they left the firm's New York office to lateral en masse to Blank Rome. Both sides have amicably resolved their dispute, but we wonder how much it cost to do so. [Big Law Business] * A grand jury has upgraded the charges against Ryan Petersen, the man alleged to have shot 23-year-old law firm clerk Chase Passauer to death in his office chair. Peterson had been charged with second-degree murder in Passauer's death, but now faces a charge of premeditated first-degree murder for the commission of the crime. [Star Tribune]
Four insights and misunderstandings to help demystify GenAI for legal professionals.
* Senate Republicans are contemplating abolishing filibusters for SCOTUS nominees. This could go one of two ways: it could work out nicely for them, or explode in their faces. It's like a choose your own adventure game. [POLITICO] * When it comes to the upcoming gay marriage cases before SCOTUS, "[e]very lawyer involved will want to argue." Remember, when you're given the chance to make history, you better hope that you're on the right side of it. [National Law Journal] * "[I]f there is one decision I would overrule, it is Citizens United." Even RBG thinks this campaign finance decision is one of the Supreme Court's "darkest hour[s]." [Salon] * SCOTUS refused to stay Charles Warner's execution, but it agreed to grant cert on his lethal injection case days after his death. Better late than never? [New York Times] * The NFL has drafted Ted Wells of Paul Weiss to blow up the absurd controversy that is "Deflategate." Come on, who cares if the Patriots cheated again? [WSJ Law Blog] * Do you know any chronic Biglaw firm-hoppers? How many firms are too many to lateral to? Three? Five? Seven? Jesus Christ, for this guy, try 10 firms. [Am Law Daily]