Dying Industry Pins Hope On Idiots Buying Into An Impossible Trade Deal

Hedge funds are finding Alpha in the fallacy of a US/China trade accord.

Better NOT Call This Saul Impersonator

Former prosecutor Matthew J. King went to prison a few years back after he met a guy at a strip club who he thought was a cocaine dealer. It turned out, the guy was an informant wearing a wire and he recorded King explaining a plot to launder $20,000 of supposedly ill-gotten gains through his attorney trust account.

Some of you may remember this as the scheme Saul Goodman employed to clean up Walter White’s assets in Breaking Bad. Basic cable is of course not the best source for criminality tips — those should come from acknowledged experts — and law enforcement was more than prepared to suss this one out. This is so obvious that in Office Space they had to lampshade the idea of stealing a plot from a movie by claiming Y2K would throw enforcement efforts off their trail.

King tussled with the feds, challenging a conviction that wouldn’t allow him to confront the informant in court. The Sixth Circuit explained that the rest of the evidence was more than enough to sustain a conviction and there’s no special right to confront every possible witness — a holding that makes a lot of sense and will probably fall apart when the Supreme Court decides it’s inconvenient for this administration. When all was said and done, King was sentenced to 44 months and served half of his sentence before getting out last summer.

Today, the Ohio Supreme Court decided that this sort of behavior couldn’t be allowed to stand and indefinitely suspended King’s law license. It’s actually a win for King, who has the option to apply for reinstatement down the road, with his AA sponsor supporting King’s argument that his transgressions stemmed from an alcohol addiction that he’s now dealing with.

And generally speaking permanent bans are bad. People should always have a shot at getting back in the good graces of the profession and whether or not he can ever convince the court that he’s fully prepared to come back is a question for another day. Still, if there were ever a case for a permanent canceling it’s got to be “using your law license to help people commit crimes.” I suspect King’s going to have a hard time winning over future panels when he applies.

Ohio Supreme Court yanks law license of Cleveland attorney convicted in Breaking Bad-inspired money laundering scheme


HeadshotJoe Patrice is a senior editor at Above the Law and co-host of Thinking Like A Lawyer. Feel free to email any tips, questions, or comments. Follow him on Twitter if you’re interested in law, politics, and a healthy dose of college sports news. Joe also serves as a Managing Director at RPN Executive Search.

Man Gets Three-And-A-Half Years For Screwing The Mooch

Among others.

Hello? The Phone Is The Most Important Piece Of Legal Tech

Lawyers today are inundated by an endless stream of hype aimed at getting them to embrace the latest technological flavor-of-the-month: AI! Predictive Analytics! 5G! Blockchain! And on and on… Overlooked amidst the buzz is the indisputable fact that, for a legal practice, there is no more important piece of technology than… the telephone. You may license the most cutting-edge practice management platform, but if your phone system is outdated, overpriced, and immobile, then your client service will suffer and along with it, your bottom line.

Join us on Thursday, December 5 at 4 p.m. EST and learn how to optimize your practice’s phone system. Learn from the experts from our friends at Ooma all about the benefits of a truly efficient, economical phone system fully integrated into your attorney workflow.

This webinar will be moderated by Jared Correia and is eligible for 1 hour of CLE credit (NY, NJ, & California only).

REGISTER HERE!

Manhattan Court Moves To Trimmed Down Schedule Over Judge Shortage

It’ll be that much harder to schedule hearings in the New York Supreme Court, Appellate Division, First Department starting in January. As reported by Law.com, the court announced beginning in January 2020, the number of weekly oral argument sessions will be just two, reduced from three.

This change is a result of a number of vacancies on the court. Earlier this year, Presiding Justice Rolando Acosta also announced that panels would be shrunk — from five judges to four. In a statement, the court left open the prospect of returning to normal operating procedures when the vacancies are filled:

A spokesman for the state courts said appeals court leadership “must balance the time that the court hears oral arguments with conference and chambers time for the associate justices.”

“As the court returns to its full complement of judges, Justice Acosta will modify the oral argument sessions as appropriate,” Lucian Chalfen said in an emailed statement.

There are currently three unfilled seats on the court, plus there’ll be three more vacancies in 2020 with the upcoming retirements of Associate Justices Peter Tom and John Sweeney Jr. and Associate Justice Rosalyn Richter’s plan to step down in the summer.


headshotKathryn Rubino is a Senior Editor at Above the Law, and host of The Jabot podcast. AtL tipsters are the best, so please connect with her. Feel free to email her with any tips, questions, or comments and follow her on Twitter (@Kathryn1).

China criticises Zim govt for giving inaccurate figures of it’s bilateral support to Zimbabwe – The Zimbabwean

19.11.2019 19:01

Figures of China’s Bilateral Support to Zimbabwe in the Budget Statement Shall be Revisited

The Embassy of the People’s Republic of China in Zimbabwe has taken note of the release of the 2020 National Budget Statement by the Zimbabwean government.

Read the full report:

$1 a week: the bitter poverty of child sugarcane workers in Zimbabwe

Post published in: Featured

Despite Historic Gift, T14 Law School Will Get To Keep Its Name — For Now

A little more than a week ago, on November 8, 2019, the University of Pennsylvania Law School, which has long been known as Penn Law for short, accepted $125 million from the W.P. Carey Foundation — the largest gift ever made to a law school — and honored its donor with naming rights to the elite institution. From that day forward, the school would be known as the University of Pennsylvania Carey Law School, the most prestigious law school to ever be renamed for a donor.

Unsurprisingly, students and alumni immediately objected to the school’s rebranding as “Carey Law,” and created a petition against the “Carey Law” monicker. That petition, which received thousands of signatures, reads:

While many of us are grateful for the generous donation from the Carey Foundation and the benefits it will bring to Penn Law, given the long-held history of referring to this institution as Penn Law, we respectfully ask that the shorthand for the law school remain Penn Law. Not only is there another law school utilizing the same “Carey” name (University of Maryland Carey School of Law), but past and current students chose to attend “Penn Law,” not “Carey Law.”

The undersigned would like to preserve the brand recognition, over century-long history, and clear association with the University of Pennsylvania that comes with the name Penn Law. This is in no way meant to belittle or disrespect the immensely generous gift by the Carey Foundation as we are extremely grateful for their support and look forward to the positive changes and improvements that come as a result.

Will these T14 law students and alumni be able to preserve tradition and brand recognition for their alma mater? The answer seems to be yes — for a limited time.

According to a letter from Dean Ted Ruger, the school will continue to be known as Penn Law, but only until the start of the 2022 academic year, when its shorthand name will become “Penn Carey Law.” This will allow current students to graduate under the Penn Law name, but future students will graduate from “Penn Carey Law”:

Much of the conversation has centered on concerns over the short-form name, instead of a focus on how the Carey Foundation gift will be used. We have heard you. Like all of you, my colleagues and I care deeply about the Law School’s history, tradition, and reputation in the academy, profession, and across the globe. Therefore, consistent with the University of Pennsylvania Carey Law School, which is our official name, the Law School will continue to use Penn Law as our short-form name until the start of the 2022-23 academic year, after which we will use Penn Carey Law, thereby embracing both tradition and transformation.

In an interview with the Daily Pennsylvanian, Pepper Hamilton partner M. Kelly Tillery, a 1979 graduate of the school, claims that alumni are discussing a donation moratorium unless “Penn Law” remains the school’s permanent shorthand name, going on to criticize the proposed name change:

Tillery called “Penn Carey Law” the “McDonald’s of law schools” because the name appears to be in a franchise with “Maryland Carey Law.” University of Maryland’s law school was renamed in 2011 after a $30 million donation from the W. P. Carey Foundation.

“The essence of a franchise is that the quality of the goods and service is not necessarily good, it is just consistent,” he said. “And the consistency level is defined by the lowest denominator: here, the University of Maryland, a fine school no doubt, but not the caliber of Penn Law.”

“I guess we will have to ask students, ‘Would you like fries with that law degree?,” he said.

Wow. This is perhaps the first time a T14 law school has been likened to a McDonald’s, but Tillery is definitely not lovin’ it.

Let’s get real here for a moment: Even when Penn Law formally becomes known as “Penn Carey Law,” does the administration seriously think students will actually refer to the school by its new name (aside from on résumé lines and t-shirts)?

(Image via Giphy)

(Flip to the next page to see the full letter from Dean Ruger.)

‘Penn Law’ Keeps Its Name—For Now [Law.com]
‘A complete nightmare’: Penn Law students and alums reflect on name-change process [Daily Pennsylvanian]

Earlier: Disgruntled T14 Students Take To Twitter To Protest Law School’s Name Change
Students And Alumni Are Pretty Pissed About T14 Law School’s Name Change
T14 Law School Receives Historic Donation, Changes Its Name


Staci ZaretskyStaci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.