Two professors are battling the conventional wisdom about the lowered value of a law degree with a research paper finding a JD more than pays for itself.
Over a lifetime, a law grad will make $1 million more, on average, than a college grad, according to the authors, Seton Hall University law professor Michael Simkovic and Rutgers University economics and business professor Frank McIntyre. The median increase in earnings is $610,000. Both the median and average figures are for pre-tax income. Inside...
As nervous law students fret over taking the Texas bar exam this month, one man who failed the rigorous test in 2009 claims the state's requirement that would-be attorneys take the exam violates his constitutional rights.
Axiom Law–which has 1,000 employees in 11 offices–isn't a legal process outsourcer, claims its founder and CEO Mark Harris. But it's also not a law firm, he says. Yet it's been solely responsible for the legal work on more than 10 M&A transactions over the past year–the kind of work law firms once thought they alone could do.
It aspires to become "one of the world's largest providers of legal services," Harris tells Bloomberg Law's Lee Pacchia.
Listen for yourself to decide if it's...
The Innovators: Renee Newman Knake
Birthplace: Springfield, Mo.
Location: East Lansing, Mich.
Work: Co-founder/co-director of Reinvent Law Laboratory, a legal think tank, development and training center created last year at the Michigan State University College of Law with funding by theKauffman Foundation. The lab's focus is on technology, legal deregulation, reinvention of legal education, and the creation of new legal delivery systems. Knake (pronounced “kah-NAH-kee”) is also a Michigan...
The New Jersey Supreme Court ruled that cell owners can “reasonably expect that their personal information will remain private” and in order to get GPS location data police must get a search warrant. The question in State v. Thomas W. Earls was the “constitutional right to privacy in cell-phone location” and the unanimous decision written by Chief Justice Stuart Rabner included the following:
Using a cellphone to determine the location of its owner can be far more revealing than acquiring...
With a record number of nominations, online legal research company Fastcase chose its latest class of 50 legal innovators and visionaries to honor in 2013. They include legal technologists and law professors, from start-ups to the establishment, who are inventing, adopting and advocating for new models of delivering legal services.
Honoree Raj Abhyanker, co-founder of Trademarkia, which served as the world’s largest trademark firm, recently opened a retail storefront reminiscent of Apple computer...
Can an e-discovery vendor “switch sides” in a case, performing services first for one side and then for the other?
A U.S. magistrate judge has denied a motion seeking to disqualify an e-discovery consulting company for precisely that reason. Finding that the company was never privy to the moving party’s confidential information or litigation strategies, the judge found no reason to disqualify the company from continuing to participate in the case.
The ruling came in the case Gordon...