Law And More

JD Class of 2020 Landed Fewer Jobs Than Previous Year's Graduates

"The percentage of 2020 law graduates in fulltime, long term jobs that require bar passage or for which a J.D. offers an advantage 10 month after leaving campus was 77%, according to new entry level employment figures released by the American Bar Association Tuesday. That’s down from 81% for the class of 2019, and represents the first time that figure has decline year-over-year since 2013." - Karen Sloan, Law.com, April 20, 2021.

A major factor in that is suspected to be COVID. However, as many know, many large law firms generated windfall profits during the pandemic and had relatively few layoffs of lawyers.

The reality might be that those who were in, unlike the 2008 - 2009 financial crisis, held onto their jobs. Others just couldn't land an entry-level position. 

It will be interesting to get the statistics on how the JD Class of 2021 does in employment. That first job, for most professions, is the hardest to get. 

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Middle-Aged Lawyers: If You're Still Cutting Back on Sleep, You Could Be Increasing Risk of Dementia

Head researcher Dr. Severine Sabin at the University of Paris is careful in positioning and packaging the findings of a sleep study, reports The Guardian. Her study is published in Nature Communications.

Sabin doesn't indicate that for the middle-aged less than six hours of sleep nightly causes dementia. What she does state is that it can increase the odds of developing dementia about 30%. She does add that sleep loss in itself could be an early symptom of that kind of cognitive impairment. 

Since all-nighters as well as simply going without seven hours are typical among lawyers, they should pay special attention to these findings. 

Although the functions of sleep are not completely understood what is known is this: It clears the brain of what's being referred to as "toxic waste." Mom was right when she reassured her troubled child that everything would seem better "after a good night's sleep."

It's interesting to wonder that if a law firm mandates a workload and deadlines which require a sustained pattern of loss of sleep and the middle-aged lawyers develop dementia, could the family file a lawsuit? 

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GUILTY! On All Charges - Derek Chauvin Escorted to Jail

America - and the world - will now have to absorb the guilty verdict on all charges. Everything has changed. 

In 8 weeks there will sentencing. Bail has been revoked. Of course, the defense headed by Eric Nelson will likely file an appeal. 

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Off-Duty: Before Lawyers Loop into Biking

"The National Bicycle Dealers Association, a nonprofit trade group representing specialty-bicycle retailers and industry partners, reports that the American bike market grew 56% in 2020 thanks to record demand fueled by the pandemic, with little sign of slowing down." - Geoff Nudelma, Barrons, April 20, 2021.

Everyone everywhere seems to be on a bike in all its versions: traditional, electric, hybrid, three-wheeler (trike) and custom-made.

But, there is plenty to factor in before lawyers commit to this fitness routine.

One is the shortage of entry-level bikes. Because of the boom, they are hard to find, either new or used. That makes it necesary to up-buy. Even used bikes on Craigslist can run $600. In speciality bike stores they are six figures. 

The risk is that even with sophisticated locking devices your bike will be stolen. Mine had been in Ann Arbor, Michigan.

If your bike is traditional, that is not electric with a battery, you will probably decide to lug it up the stairs or elevator into your apartment or house. In the garage? There too you will have to lock it but the whole thing can be carried off.

If it's e- you can't bring int inside a residence. It's a fire hazard. A garage, though, is okay.

Another obstacle is the risk of injury or death. The American driver doesn't yet have a mindset about road-sharing. Just this week, two bikers were killed in collisions in Malibu. Face it, when someone is driving 50 miles an hour, it's challenging to spot and steer away from those on bicycles. It's enough for the driver to protect himself or herself from other car drivers - and the possibility of road rage.

In addition, look inside yourself. Will you wind up investing a king's ransom purchasing a bicycle and then lose interest in three months? A client recounted how many bicycles she had bought over the years, dating back to graduate school. Finally she got it that simply going to the gym is what is a habit she was able to make permanent.

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Derek Chauvin Jury Verdict Scheduled for 4:30 P.M. ET

The world knows there has been a jury verdict in the Derek Chauvin trial. The latest on that is that the content of the verdict will be made public at 4:30 P.M. ET.

One wonders if that timing has been arranged to come after the closing of the stock market. 

For two days the Dow Jones has been down. Right now it's down 256.27. A verdict that scares investors could send the Dow Jones on an accelerated downward trajectory. 

By the opening bell tomorrow, the market will have time to have absorbed the implications of the verdict, whatever it is.

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