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Top Law Schools Tighten Hold on NLJ 250 Firms
Lawyer Media News |
2008/04/14 08:04
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A bigger percentage of students graduating from top law schools in 2007 took jobs at NLJ 250 law firms than those graduating in 2006.
Columbia Law School landed in the No. 1 spot again as the school thatsent the greatest portion of graduates to NLJ 250 law firms, withnearly 75 percent of its students in 2007 taking jobs among thenation's largest law firms. The school ranked No. 1 last year, when69.6 percent of its graduates went to NLJ 250 law firms. Boston CollegeLaw School rounded at the list of the top 20 go-to law schools, with36.8 percent of its 261 juris doctor graduates in 2007 heading forfull-time jobs at NLJ 250 law firms. pAll together, the top 20 law schools that NLJ 250 law firms relied onmost to fill their first-year associate ranks sent 54.9 percent oftheir graduates to those firms, compared with 51.6 percent in 2006. /ppThis year's list of go-to schools was compiled from recruiting information that law firms provided on the 2007 NLJ 250, emThe National Law Journal/em's annual survey of the nation's largest law firms. /ppIn 2007, the top 20 schools sent 3,511 of their graduates to work asfirst-year associates at NLJ 250 law firms. Total graduates among thoseschools in 2007 equaled 6,395. In 2006, the 20 go-to law schools sent3,561 to NLJ 250 law firms out of 6,902 graduates. /ppMaking a big jump in its percentage of graduates accepting positions atNLJ 250 firms was Northwestern University School of Law. It took theNo. 2 spot, compared with No. 11 the year before. Some 73.5 percent ofits 2007 graduates went to NLJ 250 firms, or 172 graduates out of atotal of 234. The year before, 143 graduates out of 265 went to NLJ 250firms, which equaled 54 percent. /p |
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Is Schwarzenegger Serious About Taxing Lawyers?
Lawyer Media News |
2008/03/25 09:08
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| !-- insert images --!--www.law.com--!--www.law.com--!-- imagesDisplay --!-- article inline-- pCalifornia Gov. Arnold Schwarzenegger has a $16 billion budget deficitdilemma on his hands. He insists he doesn't want to cut education. Buthe proclaims with equal fervor that he won't raise taxes. /ppSo what's a post-partisan governor to do? Close tax loopholes, of course. /ppNow one governor's loophole may be another politician's tax increase.But according to two media outlets, Schwarzenegger told the audience ata Pleasant Hill, Calif., budget forum last Wednesday that the state should consider closing tax loop-holes and in his mind that includes the lack of a sales tax on professional services -- including legal services. /ppWe have to look at the way we are taxing, Schwarzenegger is reportedas saying. There's whole new economies that are developing,service-oriented economies. /ppAsked about the comments on Thursday, finance department spokesman H.D.Palmer said the governor was just explaining that there are a lot ofdeficit-eliminating ideas out there. /ppBasically, it was in the context of we ought to have everything on thetable as we ought to be having discussions about them sooner ratherthan later, Palmer said. But we're not carrying a bill in our backpocket, if that's what you're asking. /p |
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Attorney Is Disbarred for the Second Time
Lawyer Media News |
2008/03/24 14:16
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| pA one-time law firm associate, disbarred in 1988 for insider trading, then re-admitted in 2003, has been disbarred again for misrepresenting his past in applications both for reinstatement and for non-legal licenses to work as an insurance agent and a stock broker. /ppIsrael G. Grossman committed his insider trading offenses while working as an associate at the firm now known as Kramer Levin Naftalis amp; Frankel. The confidential information he passed to friends and family about transactions the firm was working on netted them $1.5 million in trading profits. /ppArrested and convicted in 1987, the then-34-year-old Grossman was sentenced to two years in prison. He was also later found jointly and severally liable to the Securities and Exchange Commission for $2.5 million. The case attracted considerable attention at the time, coming soon after prosecutors ensnared the much larger insider trading ring led by investment banker Dennis Levine. /ppBut the Appellate Division, 1st Department, ruled last week that the now 55-year-old Grossman had consistently denied having a prior conviction on professional licensing applications to the state insurance department and the National Association of Securities Dealers. He failed to disclose these applications in his successful quest for reinstatement to the bar in 2003, even though he was facing criminal prosecution at the time for allegedly lying to the NASD about his past. /p |
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High Court Agrees to Hear Indecency Case
Lawyer Media News |
2008/03/17 17:00
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| The Supreme Court will decide whether it is indecent when some foul-mouthed celebrity drops the F-word on live television, stepping into its first major broadcast indecency case in 30 years.pThe high court said Monday it will hear arguments in a case over whether the government can ban fleeting expletives, one-time uses of familiar but profane words./ppThe case grew out of decision by the Federal Communications Commission in 2006 that two broadcasts of the Billboard Music Awards show were indecent, though the agency levied no fines. Cher uttered one fleeting expletive beginning with F and Nicole Richie uttered a variation of the same word and another one beginning with S./ppFox Broadcasting Co. and others appealed the decision, saying that the agency had changed its enforcement policy without warning and that the new ban was unconstitutional./ppA federal appeals court in New York agreed, 2-1, throwing out the ban and sending the case back to the agency, which appealed to the Supreme Court./ppFCC Chairman Kevin Martin told The Associated Press Monday that he was pleased the justices are stepping in. He said the appeals court had put the commission in an untenable position by giving it the responsibility to enforce indecency rules but not the tools to take action./p |
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Attorney General To Argue a Case Before High Court
Lawyer Media News |
2008/03/13 14:35
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pAttorney General Michael B. Mukasey, who spent most of his adult life as a federal prosecutor and a judge, will return to the courtroom later this month to argue a case before the Supreme Court, officials said yesterday. /ppMukasey will urge the justices to reinstate a sentence overturned by an appeals court in the case of Ahmed Ressam, an al-Qaeda operative convicted of a plot to blow up Los Angeles International Airport in 1999. /ppThe last attorney general to handle a case before the high court was Janet Reno in 1996, court officials said. William P. Barr and Richard Thornburgh also argued cases while serving as attorneys general in the administration of George H.W. Bush. /ppJustice Department spokesman Peter A. Carr said there is a custom, not always followed, for attorneys general to argue at least one Supreme Court case during their term. He declined to comment on why Mukasey chose the Ressam case. /ppMukasey, 66, is a retired federal judge who oversaw several high-profile terrorism-related trials while on the bench in New York City. He is scheduled to appear for Supreme Court arguments on March 25 and plans to conduct moot-court sessions to prepare, officials said. /ppRessam was arrested near the U.S.-Canada border in December 1999 after customs agents found 124 pounds of explosives in the trunk of his car as he disembarked from a ferry in Port Angeles, Wash. He was convicted in 2001 of nine charges in connection with the plot, but after ceasing cooperation with the FBI was sentenced to 22 years in prison in 2005. /ppThe U.S. Court of Appeals for the 9th Circuit threw out the sentence in 2007 after finding that one of the charges was applied improperly. The federal government disagrees and wants the sentence reinstated.
/p |
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Touro chief says law school not for sale
Lawyer Media News |
2008/03/05 12:50
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| pDiscussions about the sale of the Touro Law Center to Stony Brook University never made it past the preliminary stage, Stony Brook president Shirley Strum Kenny said yesterday./ppWe had very preliminary talks, Kenny said. We were certainly not at the point of negotiating./ppBernard Lander, founder and president of Touro College, whose main campus is in Manhattan, said yesterday he would never sell the law school. The college operates the Jacob D. Fuchsberg Law Center in Central Islip./ppI never met with anybody or spoke to anybody at the state university, Lander said in an interview. I had one meeting with Sen. [Kenneth] LaValle. Period. I never negotiated with anybody. Lander said that when Touro law school dean Lawrence Raful asked him for his opinion and that of the school's board, I said the law school charter is never for sale. Period./ppTalk of a possible sale surfaced in early February in an effort to make Stony Brook the second university after the University of Buffalo in the State University of New York system to have a law school./ppKenny confirmed she and Lander had never met to discuss the law school. There were conversations with people in the law school, she said, but they were very preliminary discussions. We never got into any negotiations./ppKenny said those discussions did serve a purpose: They revived the idea of adding a law school at Stony Brook./ppDr. Kenny and I have agreed to move forward and look at and explore the possibility of establishing our own law school at Stony Brook, said LaValle (R- Port Jefferson)./ppIt's not a new concept, Kenny said, noting that university officials first considered the addition of a law school in the 1970s and then again in the 1980s. But now people feel it's the last piece of putting together a major research university. ... It's something we will be considering very seriously./ppThough no agenda has been put in place, Kenny said a committee will be formed to study the feasibility of building a law school. I think there is a lot of interest now in the possibility of developing a law school at Stony Brook. Now, nothing has happened on that score./p |
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