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emember how Republican Scott P. Brown's victory in January's Senate race in Massachusetts was supposed to represent a mortal blow to health-care reform? "Probably back to the drawing board," Sen. Russell Feingold (D-Wis.) declared the next day. "Might be dead," Rep. Anthony Weiner (D-N.Y.) surmised. "We're back to where we were maybe even years ago," concluded Rep. Barney Frank (D-Mass.). But rather than dooming the effort, Brown's win appears to have helped Democrats refocus the legislation and their strategy for selling it. Once on track to produce a bill that Republicans were prepared to depict as partisan and laden with special-interest perks, Democrats now expect to unveil legislation that costs less and more aggressively tackles health-care inflation -- a package they say could leave them less vulnerable in November. It drops the "Cornhusker Kickback" that so infuriated voters, and includes a few Republican ideas tacked on by President Obama. "There's no government takeover of health care; there's an expansion of the private market, subsidies, more choice -- I mean, it's so much of what many of us had hoped for from the very beginning," said Sen. Mary Landrieu (D-La.), a moderate and reluctant supporter of the original Senate bill. The House and Senate will launch the final legislative phase this week, with the aim of holding votes before the end of the month. The action will come in two phases. First the House will vote on the bill the Senate approved on Christmas Eve. Then each chamber is expected to consider a package of "fixes" offered under a budget rule known as reconciliation that will protect it from a GOP filibuster in the Senate. Democrats could still fail to pass the overhaul for any number of reasons, and Republicans are vowing an epic showdown on the Senate floor to derail the reconciliation package. Sen. Judd Gregg (N.H.), the senior Republican on the Senate Budget Committee, which holds jurisdiction over reconciliation bills, has called the

http://www.nytimes.com/imagepages/2010/03/05/business/20100306_CHARTS_GRAPHIC.html?ref=economy March 5, 2010 After Jerky Swings, the Economy Begins to Look Nice and Boring By FLOYD NORRIS A DEEP recession and the credit crisis led to extraordinary falls in the American economy and perhaps even greater disruptions in financial markets. Now, both economic and market indicators have returned to what Warren G. Harding called "normalcy" when he was elected president in 1920, after the end of World War I and a subsequent recession. A lot of worry about the economy remains, and some economists are forecasting a double-dip recession, as occurred in the early 1980s, or a very slow recovery, as happened after the 1990-91 and 2001 recessions. But as the accompanying charts show, three disparate indicators - covering unemployment, corporate financial distress and stock market volatility - have gone from very high to a little below historical averages. Abby Joseph Cohen, the Goldman Sachs strategist, told a conference sponsored by George Washington University this week that lessened market volatility was one of the reassuring signs she saw. She was referring to the VIX index, which uses index options prices to show how much volatility traders expect. Another way to measure volatility is to look at the range of share prices. The chart here shows the differences between the highs and lows of the Standard & Poor's 500-stock index during three-month periods. There have been some sharp movements on a few days, but the high from December through February was just 10 percent higher than the low, the smallest range since the summer of 2007. Similarly, Challenger, Gray & Christmas, an outplacement firm, said that only 42,900 firings were announced in February, the lowest for any month since 2006. The chart shows three-month totals, which are down almost three-quarters from the highest levels last year. The data "offers more support to the notion that U.S. employers ha

# Posted by tng - 2 days, 1 hour, 26 minutes ago Yawn, another lame ABA article. Those 4800 law students should count themselves lucky that they had a summer associate position and the potential for a job offer (not to forget the 2k a week in compensation)... because there were another approximately 30,000 law students who did not win the "summer associate lottery" and work for a firm and get paid. Those some odd 30,000 other law students had to scrambled, beg, and plea for whatever unpaid internship they could find and take on another…say 20k in debt so they could live this past summer. Practically all of those 30,000 law students never had a the hopeful chance that they would get some offer of employment for a job that actually will enable them to pay off those student loans and no live in debt slavery. No, those other 30,000 law students now get to start their 3rd year heavily in debt with practically zero job prospects when they graduate. Time for law students to look for non-legal jobs…they better cruise those undergraduate job fairs. Flag this comment # Posted by JN - 1 day, 18 hours, 10 minutes ago Once again, I hope the clients of these biglaw firms realize what their legal bills are paying for. Is it ridiculous to encourage people making 2000 per week to be able to afford their own lunch? C'mon. The fact that this business model didn't die long ago amazes me. Flag this comment # Posted by annie - 4 hours, 9 minutes ago I would take my summer associate job where I worked with seven seasoned attorneys for the summer with little perks - didn't expect them - and lots of work over these cushy summer internships. I learned a lot that summer and the next fall, they continued to send me work at law school at a pretty decent hourly wage. Anyway, my apparent lack of entitlement made it possible for me to find my own clients and open a little office when I was laid off my first law job. I now work for a small firm. And I enjoyed a nice pean

# Posted by tng - 2 days, 1 hour, 26 minutes ago Yawn, another lame ABA article. Those 4800 law students should count themselves lucky that they had a summer associate position and the potential for a job offer (not to forget the 2k a week in compensation)... because there were another approximately 30,000 law students who did not win the "summer associate lottery" and work for a firm and get paid. Those some odd 30,000 other law students had to scrambled, beg, and plea for whatever unpaid internship they could find and take on another…say 20k in debt so they could live this past summer. Practically all of those 30,000 law students never had a the hopeful chance that they would get some offer of employment for a job that actually will enable them to pay off those student loans and no live in debt slavery. No, those other 30,000 law students now get to start their 3rd year heavily in debt with practically zero job prospects when they graduate. Time for law students to look for non-legal jobs…they better cruise those undergraduate job fairs. Flag this comment # Posted by JN - 1 day, 18 hours, 10 minutes ago Once again, I hope the clients of these biglaw firms realize what their legal bills are paying for. Is it ridiculous to encourage people making 2000 per week to be able to afford their own lunch? C'mon. The fact that this business model didn't die long ago amazes me. Flag this comment # Posted by annie - 4 hours, 9 minutes ago I would take my summer associate job where I worked with seven seasoned attorneys for the summer with little perks - didn't expect them - and lots of work over these cushy summer internships. I learned a lot that summer and the next fall, they continued to send me work at law school at a pretty decent hourly wage. Anyway, my apparent lack of entitlement made it possible for me to find my own clients and open a little office when I was laid off my first law job. I now work for a small firm. And I enjoyed a nice pean

The jobless rate in Riverside County was 15.1 percent in January, up from 14.3 percent the previous month, new figures show. About 137,600 people are unemployed in Riverside County, according to the California Employment Development Department. Riverside County's jobless figure was in line with the 15 percent unemployment rate that the Riverside-San Bernardino-Ontario metropolitan statistical area reported, state officials said. San Bernardino County's unemployment rate was 14.8 percent in January, up from 13.6 percent in December, the monthly labor report showed. In the Coachella Valley, unemployment rates for cities ranged from a low of 5.4 percent in Indian Wells to 29 percent in Mecca. In January, California's unemployment rate was 13.2 percent, compared with 10.6 percent for the nation, EDD reported. Read more tomorrow in The Desert Sun.

Avoiding Speeding Tickets Trapster is essentially a cell-phone social network that allows motorists to hook up with one another for the purpose of issuing real-time alerts about the location of speed traps. Over the last year, Trapster has significantly broadened its functionality, adding several new applications, carriers and formats. When we spoke with Trapster.com founder and CEO Pete Tenereillo in mid-August, the big news at the time was that Trapster.com had just released its first Android version, which means it's now available on the T-Mobile G1 phone, which significantly increases its penetration, making it accessible to many more users. "Before, if a user had a phone that used the Android system, they didn't much care if it was available on the iPhone," Tenereillo said. Trapster works like this: Go to the Web site, and sign up for a free membership. Then download the Trapster software to your cell phone or PDA. Tenereillo said that most current-generation cell phones, Blackberries and other PDA's can accommodate the Trapster software. Then, you're ready to hit the road. And once you're tooling down the highway, if you spot a state trooper or city cop lying in wait with a radar gun or laser unit, you just need to punch in "pound one" on your cell phone -- or dial a toll-free number. Other users are then alerted on their cell phones or PDA when they approach the same speed trap. "One great thing about that is that it's hands-free," says Tenereillo. "You don't have to be looking at the phone or even be holding it to be notified of the speed trap -- which, of course, is safer, because you don't have to take your eyes off the road to be notified of the trap."

Citigroup GC Has No Sympathy for Law Firms Seeking Premium Fees Posted Sep 28, 2009, 08:52 am CDT By Debra Cassens Weiss The general counsel for Citigroup says his in-house legal department has been battered by the economic downturn, leaving him with little sympathy for law firm arguments for premium fees. General counsel Michael Helfer, a panelist at an event sponsored by Bisnow, said Citigroup's in-house legal department has shrunk by about 300 employees over the last few years, many of them felled by layoffs, according to the Washingtonian's Capital Comment Blog. Compensation for the lawyers who are left has been cut by up to 60 percent. In such an environment, "The amount of sympathy I have for the argument that $1,000 an hour is a reasonable rate ... is nil," Helfer said, according to the blog account. Law firms aiming to please general counsel such as Helfer are agreeing to charge alternative fees. Panelists told of changes. The percentage of revenue from alternative billing is about 10 percent at Arent Fox, about 15 percent to 20 percent at Akin Gump Strauss Hauer & Feld, and about 5 percent to 10 percent at Skadden, Arps, Slate, Meagher & Flom. Even as law firms move to alternative fees, they hope to maintain partner profits that can average more than $1 million a partner. Akin Gump chairman Bruce McLean acknowledged it won't be easy, the blog says. "It's a big challenge," said McLean. "We're not so good at that yet."

[The new buzzword shall be "alternative fees" ... uh, I think "alternative" here means "lower".] Citigroup GC Has No Sympathy for Law Firms Seeking Premium Fees Posted Sep 28, 2009, 08:52 am CDT By Debra Cassens Weiss The general counsel for Citigroup says his in-house legal department has been battered by the economic downturn, leaving him with little sympathy for law firm arguments for premium fees. General counsel Michael Helfer, a panelist at an event sponsored by Bisnow, said Citigroup's in-house legal department has shrunk by about 300 employees over the last few years, many of them felled by layoffs, according to the Washingtonian's Capital Comment Blog. Compensation for the lawyers who are left has been cut by up to 60 percent. In such an environment, "The amount of sympathy I have for the argument that $1,000 an hour is a reasonable rate ... is nil," Helfer said, according to the blog account. Law firms aiming to please general counsel such as Helfer are agreeing to charge alternative fees. Panelists told of changes. The percentage of revenue from alternative billing is about 10 percent at Arent Fox, about 15 percent to 20 percent at Akin Gump Strauss Hauer & Feld, and about 5 percent to 10 percent at Skadden, Arps, Slate, Meagher & Flom. Even as law firms move to alternative fees, they hope to maintain partner profits that can average more than $1 million a partner. Akin Gump chairman Bruce McLean acknowledged it won't be easy, the blog says. "It's a big challenge," said McLean. "We're not so good at that yet."

At more than 17 percent unemployed, the Victor Valley continued to top California's unemployment rate of 12.5 percent. Though the state added more than 32,000 non-farm payroll jobs in January, it still has the nation's fifth-highest unemployment rate, exceeding the national average of 10.6 percent, according to the state's Employment Development Department. Michigan leads the nation with an unemployment rate of 14.3 percent, according to U.S. Bureau of Labor Statistics. Adelanto continued to have the highest unemployment rate in the Victor Valley at 22.8 percent. But every city noted in the state's report suffered from double-digit unemployment percentages - most over 15 percent. Most of the 19,500 jobs lost in Riverside and San Bernardino counties from December 2009 to January 2010 were in the trade, transportation and utilities sector, which declined by 7,700 workers. Retail stores shed over 6,000 jobs as the Christmas shopping season closed, while professional and business services jobs saw a decline of 3,600 workers.

"Americans, whether they are rich or poor, are much more in favor of high-skilled immigrants," said Jens Hainmueller, a political scientist at M.I.T. and co-author of a survey of attitudes toward immigration with Michael J. Hiscox, professor of government at Harvard. The survey of 1,600 adults, which examined the reasons for anti-immigration sentiment in the United States, was published in February in American Political Science Review, a peer-reviewed journal. Americans are inclined to welcome upper-tier immigrants - like Ms. Kollman-Moore - believing they contribute to economic growth without burdening public services, the study found. More than 60 percent of Americans are opposed to allowing more low-skilled foreign laborers, regarding them as more likely to be a drag on the economy. Those kinds of views, in turn, have informed recent efforts by Congress to remake the immigration system. A measure unveiled last month by Senator Lindsey Graham, Republican of South Carolina, and Senator Charles E. Schumer, Democrat of New York, aims to reshape the legal system to give priority to high-skilled, high-earning immigrants, offering narrower channels for low-wage workers. (A bill in 2007 by the Bush administration tilted even more sharply toward upper-tier immigrants; it failed in Congress.) "

The tuition was daunting - about $41,000 for a 14-month program - but he said the admissions recruiter portrayed it as the entrance price to a stable life. "The recruiter said, 'The way the economy is, with the recession, you need to have a safe way to be sure you will always have income,' " Mr. Newburg said. " 'In today's market, chefs will always have a job, because people will always have to eat.' " According to Mr. Newburg, the recruiter promised the school would help him find a good job, most likely as a line cook, paying as much as $38,000 a year. Last summer, halfway through his program and already carrying debts of about $10,000, Mr. Newburg was alarmed to see many graduates taking jobs paying as little as $8 an hour washing dishes and busing tables, he said. He dropped out to avoid more debt.

The Gulf cartel has recently hung banners in Nuevo Laredo accusing Calderon's administration of protecting the less-openly bloody Sinaloa cartel, while cracking down on extremely violent rival drug gangs. While Sinaloa hit men have carried out massacres in the past, the Gulf and La Familia cartels frequently use the grizzliest methods imaginable to eliminate rivals and attack police and army patrols.

The real Tuscany, as locals have been telling me over the years, is found in the dead of winter, when the crowds are thinner and the rooms, flights and restaurants are pleasantly cheaper.

IN MICHIGAN -If your earnings from work are equal to or less than your weekly umemployment entitlement, your benefits are reduced by 50 cents on every dollar earned -If your earnings surpass your weekly unemployment benefit but are less than 1.5x times your benefit amount, then your total earnings are subtracted from 1.5x times your weekly benefit amount -Your weekly benefit combined with your weekly earnings cannot exceed 1.5x your unemployment benefit amount. This would suggest that in Michigan you could possibly work part-time starting your own business while claiming unemployment insurance as long as you don't make wages from your business in excess of the above and are willing and able to take the new job that you are actively looking for.

HESPERIA * Authorities said a frightening e-mail warning Hesperia residents of a rapist on the loose is a hoax. The e-mail includes an imbedded picture of convicted 9/11 terrorist Zacharias Moussaoui who is currently in federal prison in Colorado.

The effect on prices won't be as severe, Abbott said, because values already have plunged and there's hearty demand for such properties. Still, he said, "It will keep prices low. . . . It'll just slow the recovery down in general."

"Since we only employ senior-associate and partner-level attorneys, our clients do not pay to train inexperienced young attorneys," the website states.