Monday, August 1, 2016

Morning Docket: 08.01.16

* If you thought you were going to be making $180K after graduation, then you better lower your expectations by quite a bit. Be prepared to make less than $65K! The National Association for Law Placement has released its annual edition of the bi-modal salary distribution for recent law school graduates, and the wide chasm between peaks on the bell curve looks more unhealthy than ever. [Big Law Business] * In the wake of the Democratic National Convention, everyone wants to know the names on Hillary Clinton's Supreme Court shortlist. It might surprise you that insiders say President Obama's nominee, Merrick Garland, is at the top of Clinton's list of eleven potential candidates. We'll have more information on this later today. [The Hill] * "What we're seeing is a sort of shift around social norms. Kennedy is the best Geiger counter. He's a very good instrument for measuring that." SCOTUS seems to be cutting back on its defense of religious freedom in favor of supporting government regulators, and the high court's swinger has led the way in the wake of Scalia's passing. [USA Today] * Federal prosecutors from the Manhattan U.S. Attorney's Office and the DOJ are now investigating whether Mossack Fonseca, the infamous firm behind the Panama Papers, knowingly assisted its clients in laundering money and/or evading taxes. A firm spokesperson has denied all accusations of criminal wrongdoing. [Wall Street Journal] * "You can sentence me to whatever you want, I guess. This sentence, I won't outlive it." Convicted murderer Drew Peterson was sentenced to an additional 40 years in prison in a murder-for-hire plot to kill prosecutor James Glasgow. In 2047, Peterson will be 93 years old, and he'll be up for parole for the murder of his third wife. [Chicago Tribune]

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