Tomorrow is the big day. On September 23, the new SEC rules ending the ban on general solicitation in certain private securities offerings, mandated by the Jumpstart Our Business Startups (JOBS) Act, become official. As long as you limit ultimate purchasers of securities to "accredited...
I don't know why they call meetings about the future of a company a "retreat." It reminds me of the late famed comedian George Carlin's questions about words. "At any rate. What does that mean? How about 4 and a half percent?" "Why does the...
The ABA Journal reports that more and more law firms, and employers generally, are hiring folks part-time. The story notes that 80% of the almost 1 million jobs created in 2013 were part-time. Supposedly around 20% of those workers want full-time work. New lawyers who find...
As a follow-up to my post the other day, it turns out the leader of the free world agrees with me that the third year of law school either needs to change dramatically or be eliminated. He was giving a talk at Binghamton University here...
As another school year is about to begin, a major additional drop in law school applications for the class entering now is quite startling. Applications are down 18%, and the number of applicants has dropped 12%, down the third year in a row. Wow. The ABA...
My law firm is based in Los Angeles and I spend quite a bit of time there. When you arrive at a restaurant, it's easy to know when celebrities are inside. The paparazzi are outside. Of course celebrities have a love/hate relationship with the probably...
As with all exciting cultural developments, a new trend towards paying to "upgrade" your situation in jail started in California. Sadly, it is more because the general prison situation there is so horrid and municipalities are so strapped for cash than because of some exciting...
It was revealed this week that the Orlando judge that oversaw the Casey Anthony murder case (she was acquitted of killing her daughter if you recall but was convicted of lying to the cops) may get a TV show. Ninth Judicial Circuit Judge Belvin Perry has...
According to Wikipedia, the origin of the term "dog days of summer" was tied around a star. Sirius, in the constellation Canis Major (Large Dog), is called the "dog star" because it is the brightest in the group. In the Greek and Roman days, these stars...
In Cincinnati, one law firm is trying to enhance the health and stress levels of crazed attorneys. With the addition of several "treadmill desks," the firm of Taft Stettinius & Hollister boasts of helping their lawyers multitask in the ultimate way. They have one desk/treadmill for...