Constitutional Daily

Founding Principles

The Tenure Paradox - Robot pimp

Slap on the Wrist for "Non-Consensual Sex" - Lampshade, Esq.

Intelligence: The Gathering - Graphic and Gratuitous

Grads are the New Illegals - Robot Pimp

Meet Entitlement Eric - Robot Pimp

Wherein I Solve World Peace - Lampshade, Esq.

A Necessary Delusion - Shadow Hand

Do you even need to shave overhead? - Lawyerlite

LSAT Jenga - Publius Picasso

Time, Place, and Manner

...Should have some links here or something.


Saudi Sidewalks Face Danger, Streets Still Safe

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A prominent Saudi prince has questioned the law prohibiting women from driving.  Amid turmoil in neighboring countries in every direction, countries that aren't yet under siege from the inside have been looking at making concession to keep the populace content.

Allowing women to drive may seem like a relatively small issue, but it is one Saudi women are adamant about.  They are also calling on King Abdullah to allow women to participate in municipal elections.  Granting women the right to drive may simply be the first in a series of equality dominoes.  Give people a small taste of freedom, and they want the whole pie.

Prince Alwaleed bin Talal made an argument for allowing women to drive that feels right at home here in America.  If women can drive their own cars, the country can get rid of some 750,000 foreign drivers.

[Reuters Africa]

In House Counsel Takes Swipe at Law Firm Marketing Dummies

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Ken Grady, general counsel at Wolverine World Wide (Hush Puppies, Wolverine Boots, Bates Uniform Footwear, etc), delivered an address concerning the shoddy marketing tactics of law firms at Georgetown Law School’s annual conference on the state of law firms and their clients.

Grady compared listening to a law firm's sales pitch to being the dog in a Beggin' Strips (Grady mistakenly referred to "Bacon Bits"):

"With law firms, it’s become ‘Blah, blah, blah Law Firm name. Blah, blah, blah, Law Firm name.’ Try asking general counsel about what stood out after listening to a law firm (pitch), and we can’t tell you anything."

Grady went on to explain that law firms that emphasis their full service nature aren't that appealing, drawing a comparison to the opening of Pretty Woman:

"I feel like Richard Gere. ‘What do you do,’ I ask the firm, and they say, ‘What would you like us to do?’ This may be a bitter pill for some firms but you don’t do everything."

He said he prefers to go with firms that have a cohesive practice group in the relevant area, rather than firms that cobble groups together from a bunch of general practice types.

Grady also commented on law firm websites, saying he was generally unimpressed by slogans about being "global," or "excellent," or "leading."  His two favorite sites were Skadden, and Gibson Dunn, which didn't bother with a single catch-all slogan, had a clean design, and did away with marketing.

Perhaps all the money law firms spend on marketing could be put to a better use, such as offering better compensation to attract top talent, and thus offer a better service.

[Am Law Daily]

How to Drink at the Office

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New article from the Philadelphia Lawyer provides practical advice for everyone's favorite hobby: getting blotto on the jobbo.

Read it here: How to Drink at the Office

MS Law Students Step Up to Provide Investment Adviser Regulations

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A group of students in the Mississippi Law School Business Law Society are hoping to create a Self-Regulatory Organization for independent investment advisers.  The SEC reviewed only 9% of the 11,000 registered advisers last year, and the SRO is an attempt to take over that process, provide reviews of 100% of registered advisers, and hopefully prevent Finra (which regulates brokers) from expanding into the independent investment adviser realm.

"We can't see the Statute of Liberty from here, but we can give Finra a run for its money," said Mercer Bullard, a securities law professor at the University of Mississippi.

...We hope that's a transcription error.

Of course, it would be hard to compete with an established body like Finra, but the students at Mississippi Law, but according to Finra spokeswoman Nancy Condon, they might not have to:

We welcome the recognition by Professor Bullard that SROs can and should play a critical role in the oversight of investment advisers. Finra has always believed that authorization of one or more qualified SROs to augment the SEC's oversight of investment advisers would provide critical investor protection to customers of advisers.

We wish good luck to the students at Mississippi Law.  Hope this pans out for you, wouldn't want you to give up precious drinking and foolin' around time for nothing.  Also, please don't screw up the economy.  Okay?  Thanks.

[Investment News]

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