Selections from National Law Journal Daily Headlines October 10, 2008
By David Badertscher, PLL
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<p><font size="2"><strong>Source:</strong><em>NLJ.com, </em>October 10, 2008.</font></p>
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<p><a class="headline" href="http://alm.rsys1.net/servlet/cc6?HtuYQSRRACQTVKIHKLjlkxJhmjlkQklHlLQgPQmkVaVS" target="_blank"><font size="2">FROM THE UPCOMING ISSUE
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Mid-sized law firms see silver lining in cloud over Wall St.</font></a><br/><font size="2"><font color="#333333">"Midsize law firms across the country have found a silver lining in the dark cloud looming over Wall Street. Many smaller shops are hopeful that the slowing economy will actually be good for their business, as clients looking to cut their legal budgets may consider shifting work from larger, pricier firms in New York and other major cities."</font><br/><br/><!-- siteDateFormat MMMM d, yyyy --><!-- Style = headlineSummaryKickerNewsletter --><font color="#336699"><b><a class="headline" href="http://alm.rsys1.net/servlet/cc6?HtuYQSRRACQTVKIHKLjlkxJhmjlkQklHlLQgPQmkVaVT" target="_blank">FROM THE UPCOMING ISSUE
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Letter grades now pass
at three top law schools</a></b></font><br/><font color="#333333">"Harvard Law School announced recently that it is converting its traditional letter-grade system to a variation of the pass/fail system. That change will bring Harvard in line with Yale Law School's longtime grading system, which divides grades into honors, pass, low pass and fail. Stanford Law School decided to drop letter grades in May. The changes are intended, in part, to discourage students from focusing so much on specific grades, and to focus instead on learning."</font></font></p>
<p><font color="#333333"><a class="headline" href="http://alm.rsys1.net/servlet/cc6?HtuYQSRRACQTVKIHKLjlkxJhmjlkQklHlLQgPQmkVaVW" target="_blank"><font size="2">WEB-ONLY
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2d Circuit rules SOX claims can be arbitrated</font></a><br/><font size="2"><font color="#333333">"The 2d U.S. Circuit Court of Appeals has ruled that claims brought under the Sarbanes-Oxley Act of 2002 can be arbitrated. The case involves a former Aetna Inc. employee who sued the company on the ground that her termination violated the law's whistleblower protections."</font><br/><br/><!-- siteDateFormat MMMM d, yyyy --><!-- Style = headlineSummaryKickerNewsletter --><font color="#336699"><b><a class="headline" href="http://alm.rsys1.net/servlet/cc6?HtuYQSRRACQTVKIHKLjlkxJhmjlkQklHlLQgPQmkVaVY" target="_blank">WEB-ONLY
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Bar associations across U.S. bulk up pro bono efforts in foreclosure cases</a></b></font><br/><font color="#333333">"Lawyers across the country are doing their share to help homeowners facing foreclosures stemming from the subprime mortgage crisis. From Massachusetts to California, bar associations have formed task forces and organized pro bono projects offering services such as hotlines and free consultations regarding foreclosures, an issue many lawyers say could only get worse."</font><br/><br/><!-- siteDateFormat MMMM d, yyyy --><!-- Style = headlineSummaryKickerNewsletter --><font color="#336699"><b><a class="headline" href="http://alm.rsys1.net/servlet/cc6?HtuYQSRRACQTVKIHKLjlkxJhmjlkQklHlLQgPQmkVaVA" target="_blank">WEB-ONLY
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Human rights commission to hold merits hearing in controversial Colorado domestic violence case</a></b></font><br/><font color="#333333">"The Inter-American Commission on Human Rights, in a potentially precedent-setting international law case, will hold a merits hearing to decide whether the United States and the Police Department of Castle Rock, Colo., violated the rights of a domestic violence victim whose three children were killed when local police failed to enforce a restraining order against her former husband."</font></font></font></p>
<p><font color="#333333"><font color="#333333"><a class="headline" href="http://alm.rsys1.net/servlet/cc6?HtuYQSRRACQTVKIHKLjlkxJhmjlkQklHlLQgPQmkVaVC" target="_blank"><font size="2">WEB-ONLY
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New wave of class actions filed in wake of subprime collapse</font></a><br/><font size="2"><font color="#333333">"The subprime mortgage collapse has triggered a wave of class actions by angry shareholders who allege that Fannie Mae, Freddie Mac and underwriters cloaked the true financial health of the two mortgage giants, both now under conservatorship with the U.S. Treasury Department, to boost stock offerings."</font><br/><br/><!-- siteDateFormat MMMM d, yyyy --><!-- Style = headlineSummaryKickerNewsletter --><font color="#336699"><b><a class="headline" href="http://alm.rsys1.net/servlet/cc6?HtuYQSRRACQTVKIHKLjlkxJhmjlkQklHlLQgPQmkVaVD" target="_blank">WEB-ONLY
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N.H.'s only law school in merger talks with state's largest public university</a></b></font><br/><font color="#333333">"New Hampshire's only law school has entered merger talks with the state's largest public university. Franklin Pierce Law Center in Concord and the University of New Hampshire in Durham announced on Oct. 9 that they have formed working groups to explore the "benefits and risks" of a merger."</font></font></font></font></p>
<p><font color="#333333" size="2"><font color="#333333" size="2"><font color="#333333"><font size="2"><strong><font color="#000000">OPINION<br/><br/><!-- siteDateFormat MMMM d, yyyy --><!-- Style = headlineSummaryKickerNewsletter --></font><font color="#336699"><a class="headline" href="http://alm.rsys1.net/servlet/cc6?HtuYQSRRACQTVKIHKLjlkxJhmjlkQklHlLQgPQmkVaVSU" target="_blank">BAILOUT LEGISLATION
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Mostly small change</a></font></strong><br/><font color="#333333">"The economy is hanging by a $700 billion thread as global markets plunge. Yet the bailout bill did not address any of the root causes of this potential catastrophe. Nothing in the bailout bill will deter another such meltdown. There has been no shortage of proposed reforms elsewhere. Make sure taxpayers get full return; authorize bankruptcy judges to provide foreclosure relief; create new jobs. But Congress chose instead to cut taxes while borrowing $700 billion from the Chinese and the Saudis. Go figure.</font>
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