At Last, LSAT, Stratification, Pot GC: The Morning Minute
Here's the news you need to start your day.
June 03, 2019 at 06:00 AM
4 minute read
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WHAT WE'RE WATCHING
PAPER CHASE – Time's up. Please put down your No. 2 pencils. Today is the last time the pencil-and-paper version of LSAT will be given. Karen Sloan reports on the 71-year run of the old-fashioned way to administer the law school entrance exam, which was left in the dust by other standardized tests that computerized long ago. Legal education leaders share their war stories about taking the exam and how they prepared for it—or didn't.
SPEAKING OF PAPER – Philadelphia pulled the plug on its website and e-filing system on May 21 due to a “virus intrusion,” and, as Max Mitchell reports, court officials for the First Judicial District haven't given a timeline for when the system will be back up. Meanwhile, lawyers are back to old-school methods of using paper filings and couriers to get the job done.
CAPITAL IDEA – Capital One's novel antitrust case against Intellectual Ventures was the buzz of the Silicon Valley patent bar a couple of years ago, but the bank's loss on summary judgment quieted the chatter. As Scott Graham reports, the case is back on the front burner today at the Federal Circuit. The five-year-old case began when IV sued a group of banks for patent infringement pertaining to financial services technology. Capital One counterclaimed, accusing IV of aggregating thousands of poor-quality patents and then threatening “endless litigation” if its high-dollar license demands weren't met. Lawyers for IV say the bank's case is “a fantasy.”
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EDITOR'S PICKS
'Thanks, Pal.' Read Trump Attorney's Message to Flynn Lawyer About Cooperation
7 Ways Asia & Australia Are Becoming Legal Tech Hot Spots
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DATA SNAP
LOPSIDED GROWTH - Last year was a pretty good one for law firms in the Second Hundred of the Am Law 200. In fact, as The American Lawyer reported last month, they notched one of their best years in terms of revenue in the last decade. But the bigger story is one of increasing stratification in the nation's largest law firms. And compared to their peers in the upper crust of the Am Law index, the Second Hundred look like they're falling behind. Read more about the trend here.
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WHILE YOU WERE SLEEPING
BEIJING BOUND – Linklaters' Shanghai Free Trade Zone alliance firm has launched a new office in Beijing. John Kang reports that Shanghai-based Zhao Sheng Law Firm received approval from local authorities in Beijing last month to open the office, which will be located in the same building and on the same floor as Linklaters' Beijing office. Linklaters said the new office will initially focus on competition work.
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WHAT YOU SAID
“If larger firms and firms in general want to retain young talent, then the response cannot be 'We don't care. You're fortunate to have a paycheck. Suck it up.' And sadly, that is a lot of times the response.”
— JARRETT GREEN, KRISTEN CORPION, FORMER BIG LAW ASSOCIATE NOW RUNNING HER OWN FIRM, ON THE DESIRE YOUNGER ATTORNEYS HAVE TO WORK REMOTELY, AMONG OTHER ALTERNATIVE ARRANGEMENTS.
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