Clerkship Standouts, Contempt 2.0, Rotten in Denmark: The Morning Minute
Here's the news you need to start your day.
May 09, 2019 at 06:00 AM
3 minute read
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WHAT WE'RE WATCHING
|CLERK PERKS - The results are in for the law schools that sent the highest percentage of their 2018 graduates to federal clerkships. Karen Sloan has crunched all the ABA data in a nifty graphic chock full of useful hiring info. Yes, Yale and Stanford topped the federal clerkship list, but we've got some surprises, too. Hello, Montana.
SLOW-GOING - The vote by the House Judiciary committee to hold U.S. Attorney General Bill Barr in contempt may feel familiar. You'll recall that former AG Eric Holder was held in contempt in 2012 after refusing to comply with a subpoena seeking records related to Operation Fast and Furious, the botched gun sting. As Ellis Kim reports, that case, which became bogged down in the federal trial and appellate courts and just settled Wednesday evening, signaled a complicated legal slog ahead for House Democrats.
BIGGER IN TEXAS - Reed Smith is opening an office in Dallas this month, bringing aboard four partners from Perkins Coie, including corporate securities lawyer Bobby Majumder, and three associates. As Brenda Sapino Jeffreys reports, also moving to the new office are Bracewell finance partner Al Kyle and trial partner Brian Mitchell. Reed Smith has locations in Houston and Austin.
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EDITOR'S PICKS
|Ex-Barclay Damon Lawyer Confesses to $2 Million Fraud Scheme
From Big Law to Legal Tech, Cat Casey Sees E-Discovery Renaissance
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WHILE YOU WERE SLEEPING
|CLEAN UP - Denmark's Danske Bank has named Satnam Lehal to head its financial crime unit, Sue Reisinger reports. Lehal's appointment to the job, which he begins in July, comes amid reports this week that Danish prosecutors have charged up to 10 former bank managers—including Danske's former CEO who resigned last October—in connection with laundering some $230 billion in Russian money at its Estonia branch between 2007 and 2015.
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WHAT YOU SAID
“They're tough numbers, but they're instructional.”
— MICHELLE SUSKAUER, PRESIDENT OF THE FLORIDA BAR, ON THE RESULTS OF A STUDY BY THE ORGANIZATION THAT SHOWS, AMONG OTHER THINGS, ABOUT ONE-THIRD OF FLEDGLING LAWYERS WOULD NOT APPLY FOR LAW SCHOOL KNOWING WHAT THEY NOW DO ABOUT THE FIELD.
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