Friday, 9 September 2016

Morning Docket: 09.09.16

* “In the past, law school was often times seen as a safe haven in a bad market, and that’s just not the case given the jobs that are available.” Applications may be down, but given the state of the job market, more and more students are flocking to law schools without any desire to practice law, intending to pursue alternative career paths instead. [Wisconsin Bar]

* Former Berkeley Law Dean Sujit Choudhry returned to campus this semester after resigning from his post thanks to a sexual harassment lawsuit, but a letter he penned on the subject that was published in the school paper didn’t have the results he expected; instead, about 100 law students protested the professor’s presence on campus. [SFGate]

* The House of Representatives is scheduled to vote on the Investment Advisers Modernization Act of 2016 today, a bill that private equity firms hope will chip away at Dodd-Frank’s requirements on what information the industry must report to regulators. The White House has threatened a veto if it’s passed. [DealBook / New York Times]

* Can this group of general counsels from Fortune 100 companies save the legal profession from becoming a haven for old white men and turn it into a melting pot of opportunity across all demographics? That’s what they’re hoping to do by hiring and firing outside counsel based on their diversity. Best of luck! [Big Law Business]

* Subway’s "footlong” class-action suit is now before the Seventh Circuit, with Ted Frank of the Competitive Enterprise Institute arguing that the lawyers who settled the sandwich-size discrepancy gave themselves too much credit, calling them, along with the class representatives, “the only beneficiaries of the case.” Ouch. [WSJ Law Blog]

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