Categorized | Legal Lasso

Legal Lasso: Starting Salaries Dropped For 2011 Grads

Editor’s Note: Stay on top of this news story and others by liking Law Week Colorado on Facebook!

COMPILED BY LAW WEEK COLORADO’S NEWS STAFF

STARTING PAY CONTINUES TO SLIDE:  The erosion in BigLaw jobs is depressing the salaries for all class of 2011 law graduates, according to new statistics from NALP–The Association for Legal Career Professionals. Law grads from the class of 2011 are earning median pay of $60,000, a 5 percent drop from 2010 and a 17 percent drop since 2009. Average pay is $78,653, a 15 percent drop since 2009. The figures are for grads who found full-time employment in jobs lasting at least a year.

NEW FACES ON JEFFCO BENCH.

REGENTS ASKED TO WEIGH-IN: The University of Colorado’s Board of Regents will hold a special meeting today to decide whether the university should get involved in the Lobato v. Colorado case, in which a judge last year struck down Colorado’s K-12 school funding system, calling it “irrational and inadequate.”

UNEXPECTED CHANGE IN LOVELAND CITY COUNCIL: Voters in Loveland’s fourth city council ward will be called upon in November to fill the seat vacated by first-term councilor, mayor pro tem and attorney Cathleen “Cat” McEwen who delivered her resignation Tuesday.

REACTION TO DEWEY REQUEST: A proposed settlement presented Wednesday to former Dewey & LeBoeuf partners asking them to chip in between $25,000 and $3 million apiece in exchange for a waiver of liability related to the bankrupt law firm is already meeting serious resistance, with initial reactions ranging from skepticism to anger.

AGREEING TO SETTLE: Wells Fargo Bank, which will pay at least $175 million to settle accusations that it discriminated against African-American and Hispanic borrowers in violation of fair-lending laws, the Justice Department announced Thursday.

QUICKLY DISMISSED: Lance Armstrong’s suit against the U.S. Anti-Doping Agency.

BECOMING LESS ENAMORED WITH REPUBLICAN PARTY: 7th U.S. Circuit Court of Appeals Judge Richard Posner, who was named to the bench by Pres. Reagan.

YALE IS LAUNCHING A NEW PHD PROGRAM for people with law degrees who want to teach.

THROWING THE GAUNTLET: A California defense attorney, backed by the ACLU, has sued the Los Angeles District Attorney, saying the office commonly withholds exculpatory evidence.

MORE TALK ABOUT PREGLIMONY.

CHANGING IT UP (AGAIN): NITA, which named a new associate director.

MEETING HIS COMMUNITY: Boulder District Attorney Stan Garnett.

WORDS YOU’RE PROBABLY MISUSING.

WE’RE NOT KIDDING, A SLIDESHOW INSIDE CASA BONITA!

CHARGED WITH ARSON: A man accused of setting his estranged wife’s wedding dress on fire.

TODAY’S 10TH CIRCUIT DECISIONS

COLORADO SUPREME COURT ARGUMENT SCHEDULE

COLORADO COURT OF APPEALS’ oral argument schedule.

LATEST LAW WEEK SURVEYS, including Barrister’s Best, where you vote for your favorite attorneys, as well as your favorite vendors; Legal Professionals, where you can tell us about the people who keep you sane; and 2nd Quarter Big Deals, where you can toot your own horn about the work you’ve been doing.

CALLING ALL ARTIST LAWYERS: Compete to Get Your Work Published — deadline for entries is Monday, July 23. The Docket and Colorado Lawyers for the Arts are launching an arts contest for the creative and artistic members of the Denver Bar Association. Categories include: Writing—Fiction, Nonfiction, Poetry, and Humor; and Visual Arts—Painting, Drawing, Sculpture, and Photography. Download this entry form for rules and guidelines. Winners and their work will be featured in the September issue of The Docket. Entries must be received by 5 p.m. on Monday, July 23. Contact Kate Schuster for more information.

NOW ACCEPTING NOMINATIONS: Davis Graham & Stubbs for its annual Richard Marden Davis award.

THE NEWS SEEN

NEXT WEEK’S FEDERAL COURT CALENDARS available here.

Heading out on the town? Tweet us at @BarefootPRDen or email us at barefootpr@me.com to let us know about it. And if you’re lucky, we will swing by!

Send tips for this column to newsroom@lawweekcolorado.com.

 

Follow Us!

Visit Us On TwitterVisit Us On FacebookVisit Us On Google Plus