Flotsam and jetsam

 •   No ‘special ‘ bonuses in a non-special economy.

•   “Don’t try to be funny” and other advice on taking law school exams.

•   Another grim milestone in the decline of the newspaper industry: The Chicago Tribune files Chapter 11 (and taps Sidley as debtors’ counsel).   And things aren’t exactly looking up for The Gray Lady of 43^rd Street, as The New York Times is looking to borrow $225 million against its midtown HQ.

• Speaking of bankruptcy, one of the questions posed by has been answered: Jones Day has been hired to advise Chrysler on a possible Chapter 11 filing.

•   Here is a snippet from today’s WSJ law blog: “ We like the lead written by Am Law Daily’s Zach Lowe so much that we’re just going to rip it off wholesale: “It’s beginning to seem like it would be more newsworthy to find a firm that isn’t laying off attorneys (either openly or by stealth).”

And here is this blog two weeks ago:

“Which firms won’t lay off associates in the next couple of months?  This has replaced “which firms will?” as fodder for speculative frenzy…”

So, compliment accepted!

                                                 -posted by brian