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☆ 12 jurors — including 3 finance guys and a woman whose friend is a convicted fraudster — have been chosen for Trump's Manhattan criminal trial
▼ + stars: | 2024-04-18 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +6 min

Read previewTwelve of Donald Trump's peers — 7 men, and 5 women — have been chosen to decide the first-ever criminal trial of a former US president. On Thursday afternoon, New York Supreme Court Justice Juan Merchan selected the 12th juror in Trump's Manhattan criminal case. AdvertisementTwo men chosen in the afternoon filled seats that had been vacated earlier in the day. One out of six alternate jurors, a woman, was also chosen. AdvertisementThere's a man who says he knows "little" about Trump's criminal cases and gets his news from The New York Times, The Daily Mail, Fox News, and MSNBC.

Persons: —, Donald Trump's, Juan Merchan, Merchan, Trump, doesn't, Donald Trump, Todd Blanche, Christine Cornell, Stormy Daniels, Blanche, That's, Joshua Steinglass, I'm Organizations: Service, Business, The New York Times, The Daily Mail, Fox News, MSNBC, AP Pool Trump, Prosecutors Locations: Manhattan, New

☆ Robo-lawyer startup DoNotPay did something almost unheard of in Silicon Valley: It paid a dividend.
▼ + stars: | 2024-04-01 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

In January, the legal startup DoNotPay sent more than $1 million to employees and investors in its first-ever dividend. He got the idea from one of his own angels, Sahil Lavingia, whose startup Gumroad issued a dividend last year. The expectation is that when a company sells or goes public, employees will cash in their shares for untold riches. Last year, the digital commerce startup Gumroad paid a dividend of $1 million across employees, investors, and thousands of crowdfunding backers. Cash rewardsBrowder said he wanted to offer a dividend to reward those employees and investors who bet on the startup early.

Persons: Joshua Browder, Browder, DoNotPay, it's, Sahil Lavingia, Josh Seidenfeld, Cooley, Steve Huffman, Spencer Platt, Seidenfeld, Lavingia, Andreessen Horowitz, Greylock, Dylan Field, Scott Belsky, Daniel Dines, Balaji Srinivasan, Cash, there's Organizations: Business, Big Law, Employees, Founders Fund, Adobe Locations: San Francisco

☆ How JPMorgan's Bola Oyesanya became the whisperer to rich law firm partners
▼ + stars: | 2024-01-14 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +8 min

One client, a law firm partner, refused to consider Oyesanya's suggestion of alternative investments. AdvertisementBanking to wealthy law firm partners is a desirable niche. Law firm partners averaged $1.12 million in compensation in 2022 according to a survey by recruiter Major, Lindsey & Africa, and top partners in Big Law can make more than $10 million a year. Now global head of JPMorgan's law firm and professional services group, Oyesanya is up against a formidable rival: her former employer. AdvertisementShe plans to strengthen JPMorgan's law firm group with the same ethos: serving customers well to earn their loyalty and their referrals.

Persons: Bola Oyesanya, Oyesanya, Wells, —, We're, Major, Jamie Dimon, Bola, Philip Waxelbaum, Waxelbaum, She, I've, what's Organizations: Citi, JPMorgan, Service, Banking, Big, Financial Times, Wells, Lagos Law School, Ogun University, City Trust Merchant Bank, Partners Locations: Nigeria, Wells Fargo, Lindsey, Africa, York

Copyright Office. Copyright Office, which registered more than 480,000 copyrights last year covering millions of individual works but is increasingly being asked to register works that are AI-generated. So far, copyright claims for fully machine-generated content have been soundly rejected because copyright laws are designed to protect works of human authorship. More than 9,700 comments were sent to the Copyright Office, part of the Library of Congress, before an initial comment period closed in late October. So far, courts have largely sided with tech companies in interpreting how copyright laws should treat AI systems.

Persons: ”, “ We’ve, Shira Perlmutter, Perlmutter, Justine Bateman, ” Bateman, “, Lilla Zuckerman, craven, Marc Beeson, who’s, Carrie Underwood, Garth Brooks, Beeson, “ ravenous, Heidi Bond, Courtney Milan, Bond, ” Perlmutter Organizations: . Copyright, Technology, Associated Press, U.S . Copyright, Copyright, of Congress, Gentlemen, US Copyright, Hollywood, Universal, Group, New York Times, FAIR, Google, Microsoft, Facebook, U.S, Supreme Locations: U.S, United States, Nashville, American, San Francisco

☆ The Kids of Rutherford County, Episode 3: ‘Would You Like to Sue the Government?’
▼ + stars: | 2023-11-02 | by ( ) www.nytimes.com time to read: +43 min

And it meant going back to the Rutherford County Juvenile Court, going back in front of Judge Davenport. meribah knightAnd more importantly —wes clark I was definitely thinking about how we could sue somebody for what happened. wes clark I just remember being giddy, like a kid, like this sentence, this is fucking bonkers, that this exists. And this is The Kids of Rutherford County, Episode 3: Would You Like to Sue the Government? Even more, Rutherford County would likely continue to jail kids at an extraordinary rate.

Persons: Wes Clark, Mark Downton, Judge Davenport, They’d, Clark, downton, —, Here’s Mark, Wes, Mark, wes clark, wes clark Oh, they’re hustling, It’s, we’ve, wes clark Yep, It’s jargony, I’m, I’ve, wes clark That’s, Davenport, wes clark There’s, there’s, ” I’m, Sue, Mark didn’t, Wesley, — he’d, There’s, Mark doesn’t, I’ll, who’d, Kyle Mothershead, Kyle’s, kyle mothershead, Bradley Cooper, meribah, Kyle, he’s, Let’s, “, Wes couldn’t, you’re, Rutherford, Lynn Duke, wasn’t, Duke, shouldn’t, Wes didn’t, Lynn Duke’s, Zeb, zeb smotherman, Smotherman, Grace, Thomas, thomas I didn’t, thomas, Brandon, brandon, brandon I, thomas I, yank, Quintarius Frazier, quintarius frazier I’m, Dylan, dylan I, You’re, they’d, — you’re, I’m Wesley, WGNS, bart, Donna Scott Davenport, donna scott davenport, Bart, Davenport wouldn’t, Rutherford County’s, Bart Walker III, ’, we’re, Judge Davenport’s, Rich Campbell, she’d, Here’s Wes, you’d, Waverly Crenshaw, that’s, wes clark Yes, Judge Crenshaw, who’ve Organizations: ACLU, Juvenile Court, The New York Times, Rutherford County’s Police, truancy, Civil, downton, Juvenile, WGNS, South Locations: Downton, Lake Louise, Rutherford, Hobgood, Tennessee, Rutherford County, Davenport, downton, waiving, Murfreesboro, WGNS, that’s, State, Nashville’s

☆ How a law firm built almost entirely on social-media platforms like Twitter and LinkedIn has landed over 270 clients
▼ + stars: | 2023-11-02 | by ( Marta Biino | ) www.businessinsider.com time to read: +4 min

That's the case with SMB Law, a boutique law firm focused on small businesses founded by Eric Pacifici, Kevin Henderson, and Sam Rosati in 2022. The initiative to start SMB Law came from Pacifici. "There's a really robust small-business community on Twitter called SMB Twitter, or SMB X," Pacifici told Insider. "We have product-market fit because we have that community support in building this business," Pacifici said. "I think we've done a good job of using social media to get pretty ingrained in our space, well beyond Twitter," Pacifici said.

Persons: Elon, Eric Pacifici, Kevin Henderson, Sam Rosati, We've, Henderson, it's, Pacifici, Rosati, Eli Albrecht, They're Organizations: SMB Law, SMB, Big Law, Twitter Locations: Pacifici, Evelin Montenegro

☆ Opinion | Why Big Money Can’t Easily Change Campus Politics
▼ + stars: | 2023-10-20 | by ( Ross Douthat | ) www.nytimes.com time to read: +11 min

First, Jewish donors probably can’t win the identity politics game. But this strategy also has inherent limits, insofar as the free speech protected by campus administrators is only as diverse as the people who are speaking. Which brings us to the second point for would-be reshapers of the university: If you can’t influence faculty hiring and tenure, you may be wasting your money. Will the University of Pennsylvania miss the collection of major donors who’ve denounced the school in the past week? But not with the goal of using such student groups as a means of conflict with the administration or the faculty.

Persons: Jason Willick, specter, Willick, you’re, Donald Trump, there’s, Bernie, Sanders, they’re, who’ve, Leland Stanford ”, Rather, Michael Brendan Dougherty, Chris Caldwell, Anthony Grafton, Anthony Lane, Arthur Brooks, George Orwell, Zvi Mowshowitz, Keith Phipps, Martin Scorsese’s “, Foucault, — Maxi, ” Organizations: The Washington Post, Cornell, University of Pennsylvania, Big, Hillel, Penn, — Locations: The Washington, State, Israel, tokenism, Harvard, Poland, Foucault’s

☆ ‘A scary situation’: As Wall Street assails Harvard, students worry about their futures
▼ + stars: | 2023-10-14 | by ( Melia Russell | Tim Paradis | ) www.businessinsider.com time to read: +8 min

Ackman, in his initial tweet about Harvard, said that "a number of CEOs" shared his desire to publicly out the Harvard students who condemned Israel. Other business leaders were quick to echo his calls, winning plaudits on social media. In a visit to Harvard, Insider spoke with a range of students about the backlash to the statement on Israel. It's ironic, of course, to accuse students of silencing dissent when Ackman and other business leaders are seeking to do exactly that. But now, some Harvard students fear that the backlash from the business community will have a chilling effect on student speech.

Persons: Bill Ackman, they've, Israel, Marc Rowan, Meyer Davidoff, Kalita, Eden Mendelsohn, what's, " Melia Russell, Tim Paradis Organizations: Harvard, Wall, Big Law, University of Pennsylvania, Invictus Pharmacy, LinkedIn, Birkoa Capital Management, Penn, Twitter Locations: Gaza, Silicon, Israel, Silicon Valley

☆ I worked in the White House as an unpaid intern. The job was intense and fascinating — here's what my day looked like.
▼ + stars: | 2023-09-26 | by ( Aria Yang | ) www.businessinsider.com time to read: +10 min

Julian Sarafian is a 29-year-old former White House intern from Sacramento, California. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Julian Sarafian, a 29-year-old former White House intern from Sacramento, California. It's a 10 to 15 minute walk to the White House grounds, and I even walked there on cold and snowy days. It's the side where visitors often gather to take photos of the White House, so it was neat walking in like a VIP. They were accompanied by the White House groundskeeper and were often spotted around the grounds.

Persons: Julian Sarafian, Barack Obama, Joe Biden, —, Barack Obama's, Obama, Jason Furman, I'd, It's, wasn't, Sarafian, interning, Sunny, Yang Organizations: White, Service, UC Berkeley, UC Washington Program, of Economic Advisors, FBI, of Economic, of Economic Advisers, DC, UC Washington, Secret, Harvard Law School Locations: Sacramento , California, Washington ,, Dupont, Washington

Kevin Hodges, a partner at law firm Williams & Connolly, was the first member of Amazon's defense team identified in a court document in the case. Amazon General Counsel David Zapolsky, a 24-year veteran of the company's legal department, can turn to a stable of top outside law firms that already represent it. Thomas Barnett, co-chair of the firm’s antitrust practice and a former senior Justice Department official, was involved in the effort. A Covington spokesperson did not respond to a request for comment on whether the firm is defending Amazon in the FTC antitrust case. Amazon has also turned to U.S. law firm Paul, Weiss, Rifkind, Wharton & Garrison to navigate government scrutiny.

Persons: Jim Vondruska, Kevin Hodges, Williams, Connolly, Hodges, John Schmidtlein, David Zapolsky, Lina Khan, Thomas Barnett, Covington, Paul, Weiss, Garrison, Paul Weiss, Andrew Goudsward, Mike Scarcella, David Bario, Matthew Lewis Organizations: Amazon Logistics, REUTERS, U.S . Federal Trade, Amazon.com, Amazon, Williams, U.S . Justice, Microsoft, BP, Big Tech, Alphabet's, Google, FTC, Burling, Department, D.C, Covington, Thomson Locations: Chicago . Illinois, U.S, WASHINGTON, Washington, Mexico, Covington, Rifkind, Wharton

☆ Judge Pauline Newman, 96, allegedly had a clerk do errands like grocery shopping. It may be unethical, but it's not uncommon.
▼ + stars: | 2023-08-17 | by ( Jack Newsham | ) www.businessinsider.com time to read: +8 min

Judge Pauline Newman is 96 and says colleagues are trying to force her out over petty complaints. But she had an unnamed law clerk run errands and retaliated against an aide, an investigation found. In April, that clerk asked to be transferred to a judge after learning that "other law clerks were assisting Judge Newman in her defense of these proceedings," he said in an affidavit. "To sit at the feet, metaphorically, of Judge Newman, is an opportunity that any aspiring patent lawyer would welcome." The code of conduct for federal judges bars them from using chambers staff for certain extra-judicial activities (running errands isn't specifically listed).

Persons: Pauline Newman, Newman, Newman's, Arthur Hellman, Hugo, Black, Felix, Frankfurter, Aliza Shatzman, she'd, isn't, it's Newman, Kimberly Moore, Judge Newman, Greg Dolin, Dolin, It's, Hellman, Alvin Rubin, Rubin's, Shatzman, Moore Organizations: Service, Federal Circuit, University of Pittsburgh, New Civil Liberties Alliance Locations: Wall, Silicon

☆ A former lawyer has paid down $190,000 in student loans and can afford to cancel the remaining $20,000 balance now. He explains why it's smarter to not pay the lump sum, and how he's investing it inst
▼ + stars: | 2023-08-16 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Since the interest rate on his student debt is so low, he's better off investing the money he'd use to make a lump-sum payment. If that's the case, you might want to prioritize your debt, even if you have a low interest rate locked in. Refinancing your loans at a lower interest rateGroup didn't always have such a low interest rate on his student loans. It was important to him to consolidate everything, he said: "I needed one monthly payment and one interest rate. He ended up refinancing three more times to get to his current interest rate of 2.35%.

Persons: Ian, He's, I'm, Roth, he's, they've Organizations: Ian Group, Apple

☆ Big lawsuits are risky for a company like 3M, says Jim Cramer
▼ + stars: | 2023-08-15 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

'Mad Money' host Jim Cramer takes a look at 3M's legal troubles. Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email

Persons: Jim Cramer

☆ A millennial who's paid down $190,000 in student-loan debt shares the budget template he created and why it's effective: 'You're forced to see what's going on'
▼ + stars: | 2023-08-13 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

Ian Group has paid down $190,000 in student loans. After wrapping up law school with $190,000 worth of student loans, things didn't exactly play out as Ian Group imagined they would. Courtesy of Ian GroupGroup has two columns in this section: "estimated monthly income" and "actual monthly income." Again, Group has it set up in two columns: "estimated monthly expenses" and "actual monthly expenses." "It brings in your income, expenses, what you're saving and investing, and it gives you the net total," he explained.

Persons: Ian, I'm, he'd, he's, Roth Organizations: Group, overdrawing, Ian Group Locations: Florida

SAN FRANCISCO, July 8 (Reuters) - Venture capital firm Headline used to be in one of San Francisco's most eye-catching skyscrapers: the pyramidal Transamerica building that has defined the skyline for decades. Venture capital firms are increasingly joining retailers and other businesses in finding homes outside downtown San Francisco. [1/5]People enjoy the afternoon in Presidio, a former military base-turned-national park in San Francisco California, U.S., July 7, 2023. They're actually really excited," said Eurie Kim, whose venture firm Forerunner left downtown for the Presidio in early 2022. "Mayor Breed continues to implement strategic initiatives to help stabilize existing businesses and recruit new ones as part of her Roadmap to Downtown San Francisco's Future plan.

Persons: Mathias Schilling, Schilling, Rex Salisbury, Carlos Barria, They're, Eurie Kim, CBRE, Lisa Petrie, Jon Rehagen, Molly Martell, San Francisco Mayor London Breed, Breed, Colin Yasukochi, Krystal Hu, Peter Henderson, Rosalba O'Brien Organizations: FRANCISCO, Venture, Employees, Presidio, Westfield, San, Felicis Ventures, Forerunner Ventures, Letterman, Cambrian Venture, San Francisco Bay Area, REUTERS, Presidio Trust, Lucasfilm, Walt Disney Family Museum, Catalyst, Brand, San Francisco Mayor London, Downtown San, CBRE's Tech, Thomson Locations: San Francisco, Presidio, San Francisco Bay, San Francisco's, There's, Sand, Silicon Valley, South, downtown San Francisco, San Francisco California, U.S, Marin, San Francisco ., South Park, Downtown

☆ Investment banking has gotten so bad even the lawyers are making more money these days
▼ + stars: | 2023-06-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +3 min

Partners at big law firms now average upward of $3 million a year in compensation, reports The Wall Street Journal. As if all that wasn't bad enough for bankers, The Wall Street Journal recently reported that even lawyers are now making more money than them! It turns out the culprit, as is often the case on Wall Street, is inflation. Most large law firms increase their rates by about 4% annually, according to the WSJ. It's getting really tough these days to make the case for getting into investment banking.

Persons: It's, —, Robert Kindler's, Morgan Stanley, Paul Weiss —, hasn't Organizations: Wall Street, Wall, Morning, Street Journal

☆ I'm the CEO of Ancestry. Here are 6 things that are hard to admit as a working mother.
▼ + stars: | 2023-06-21 | by ( Deb Liu | ) www.businessinsider.com time to read: +15 min

Liu writes that being a full-time working mother is hard and no one can do it without support. that being a full-time working mother is hard and no one can do it without support. The truth is, being a full-time working mother outside the home, especially to young children, is hard. Realistically, most mothers work out of necessity, and they are the norm, even as they are judged negatively for making that choice. Nevertheless, the motherhood penalty is real, and it is felt by so many working mothers who silently struggle to keep all the plates spinning, hoping that none of them tip over.

Persons: Deb Liu, Liu, —, Jonathan, Bethany, Danielle, I've, it's, fatherswere, couldn't, David, we'd, we're, I'd Organizations: Service, American Association of University Women, Census, American, Sociology, American Sociological Association Locations: America

☆ My Child’s Friend Asked to Be Called a Name Used by Another Gender. Should I Do It?
▼ + stars: | 2023-06-21 | by ( Philip Galanes | ) www.nytimes.com time to read: +2 min

You are so peripheral to whatever drama is unfolding here that it’s nearly impossible for you to go wrong. And be supportive of the mother as she processes what may be distressing news for her. If she doesn’t, and you feel well placed to intervene, get back in touch. But his remark was about how I look, and he knows I’m well aware of the five to 10 pounds I’ve gained. When parting, we often say, “I love you.” The issue: My daughter-in-law’s mother, who lives nearby, is not the sort of person I like.

Persons: Miguel Porlan, I’ve, —, can’t

☆ I was burnt out and overworked my first 2 years as a lawyer. Then I learned how to set boundaries and say 'no.'
▼ + stars: | 2023-05-30 | by ( Kelly Nolan | ) www.businessinsider.com time to read: +5 min

Despite my awareness of this, I still didn't know how to say no, so I kept saying yes. It's critical to find "no" phrasing you're comfortable with so you actually feel comfortable saying it when necessary. For example, if your boss asks you to take on a new project, can you really just say "no" and walk away? While you don't need to explain the details of your current workload when you initially say no, be clear on them yourself. Saying no — frequently — is critical to creating boundaries around your time so you can show up strong at work and live a life you're excited about.

☆ For Wall Street's incoming interns, it's not exactly dress to impress
▼ + stars: | 2023-05-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

As Wall Street internship season quickly approaches, that's a question many soon-to-be summer analysts are asking each other. One big trend Emmalyse notes in her story is the casualification, so to speak, of Wall Street. But the Wall Street dress code was starting to change before 2020, thanks in large part to the tech community. Read more about Wall Street's new dress code for summer analysts. Wall Street's litigious sibling is not an appealing career path to Gen Zers, the Financial Times reports.

The Paul, Weiss, Rifkind, Wharton & Garrison partner is well-known for representing blue chip clients like Amazon in cases with millions or even billions of dollars on the line. "Widely considered one of the most preeminent litigators of his generation," is how his Paul Weiss bio puts it. Average profits per partner at Paul Weiss last year were $5.73 million, according to The American Lawyer. The case made national headlines, and the ex-judge, Roy Pearson Jr, was subsequently sanctioned by the D.C. Court of Appeals. In a statement filed with the court, Isaacson and McCrocklin's lawyer said the two sides' positions "are both extremely well-known to each other and seemingly very entrenched."

Organizations: & & '

☆ The mother of Hunter Biden's toddler accused him of 'living lavishly' while pretending to be 'financially destitute' in child support case
▼ + stars: | 2023-04-28 | by ( Michelle Mark | ) www.businessinsider.com time to read: +3 min

The mother of one of Hunter Biden's children has accused him of concealing his financial situation. Lunden Roberts' attorney is demanding Biden provide all records of payments to his attorneys. Biden will appear at a court hearing in Arkansas on Monday in his ongoing child support case. Part of the case also concerns the ability of Biden and Roberts' child to carry the "Biden" surname. The case was closed in 2020 but reopened last fall after Biden sought to reduce his child support payments.

☆ Jane Roberts, who is married to Chief Justice John Roberts, made $10.3 million in commissions from elite law firms, whistleblower documents show
▼ + stars: | 2023-04-28 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +20 min

Jane Roberts was paid more than $10 million by a host of elite law firms, a whistleblower alleges. At least one of those firms argued a case before Chief Justice Roberts after paying his wife hundreds of thousands of dollars. And I realized that even the law firms who were Jane's clients had nowhere to go. Mark Jungers, another one of Jane Roberts' former colleagues, said that Jane was smart, talented, and good at her job. But whether that committee has the authority to discipline Thomas or any other Supreme Court Justice remains a matter of murky constitutional interpretation, to be ultimately decided by the Supreme Court itself.

☆ Upfront's Mark Suster has become the star of LA's booming startup scene. Not everyone is a fan.
▼ + stars: | 2023-04-18 | by ( Ben Bergman | ) www.businessinsider.com time to read: +29 min

"I have worked with more than 50 VCs and nobody comes close to what it is like to work with Mark Suster," said a founder backed by Suster. "Mark and the Upfront Summit helped put LA tech and investing on the map," said Jeffrey Katzenberg, the cofounder of DreamWorks and WndrCo. Several years ago, a founder whose startup Suster invested in was in a conference room rehearsing their presentation for the Upfront Summit. If you're going to put him on your board, you're letting the fox guard the henhouse. "If you're going to put him on your board, you're letting the fox guard the henhouse."

☆ Here's why people shouldn't freak out yet about losing their jobs to AI automation
▼ + stars: | 2023-04-10 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

As AI tools revolutionize business, workers are worried they're at risk of losing their jobs. "We've been deploying automation technology for centuries, and as of 2023, pretty much every human who wants a job has a job," Smith wrote. Yet Noah Smith, the writer behind the popular Noahpinion economics newsletter, contended in a post on Monday that people shouldn't worry about losing their jobs to automation just yet. In his post, Smith examined several studies on job automation over the years from researchers at firms ranging from Citibank to PriceWaterHouseCoopers. Assessing "replacement" is often subjectiveSmith also pointed the subjectivity used in older studies for assessing a job's risk of replacement.

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