Categorized | Legal Lasso

Legal Lasso: Economic Flatline For Legal Jobs

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COMPILED BY LAW WEEK COLORADO’S NEWS STAFF

LEGAL JOBS REPORT FOR JUNE, according to the Wall Street Journal. The number of jobs in the legal services sector remained essentially flat in June, at around 1.1 million, according to the Labor Department. (The jobs data show legal services added 200 jobs.) That has been the story since the beginning of the year. The good news is that legal services has added about 8,500 jobs since June 2011.

ONE OF THE LARGEST CORPORATE BANKRUPTCIES IN COLORADO HISTORY is now making its way through Chapter 7. Abound Solar is estimating its liabilities amount to $100 million to $500 million, making its financial collapse one of Colorado’s largest corporate bankruptcies in recent memory. Abound last week announced it planned to seek bankruptcy but left unclear whether it would try to reorganize under Chapter 11 or file for Chapter 7. This week, in U.S. Bankruptcy Court for the District of Delaware, it clarified its intent.

CHANGING WITH THE TIMES, a majority of law schools, which told the ABA they’d modified course offerings to provide more practical courses.

IN OTHER LEGAL EDUCATION NEWS, some high-ranked schools have some tough choices ahead.

LEARN FROM THE MASTER: Michael Valdez, the Colorado Bar Association’s lobbyist, will be sharing the highlights and lowlights of this year’s session on July 10.

REQUESTING A DO-OVER: Attorneys for the bar of the state of California, who want to take a second look at a handful of discipline cases.

IS THIS THE NEXT BIG JUVENILE SENTENCING CASE?

SECOND BENCH OPENING OF THE WEEK ANNOUNCED: Apply now for spots with either the 18th Judicial District Court or Montrose County Court.

NOT OUT OF THE WOODS YET, Colorado’s summit counties. The number of foreclosure filings in Pitkin, Eagle and Garfield counties surged in the second quarter of 2012, suggesting that the troubles from the recession aren’t fully purged from the real estate market.

SETTLED: Deutsche Bank and Anschutz Corp. Deutsche Bank AG  settled claims brought by Anschutz Corp. alleging the bank manipulated the market for auction-rate securities. Terms of the settlement weren’t released.

SOLD: Denver’s Richthofen Castle.

USING TWITTER TO UNDERSTAND REGIONAL DIFFERENCES IN THE U.S.: Seriously, which places tweet more about beer v. church, a map.

HELPFUL HOW-TO OF THE DAY: Would you know poison ivy if you saw it?

10TH CIRCUIT ARGUMENT SCHEDULE

TODAY’S 10TH CIRCUIT DECISIONS

COLORADO SUPREME COURT ARGUMENT SCHEDULE

COLORADO COURT OF APPEALS’ oral argument schedule.

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