Law firms pledge cash for trainees in triple debt

first_imgLeading City law firms have announced their intentions to review the financial support packages they offer to students, following the planned three fold increase in tuition fees charged by universities.The firms in question, Clifford Chance, Linklaters, Herbert Smith, Hogan Lovells, Eversheds, Addleshaw Goddard and Bird & Bird, are seven of the top twenty UK law firms based on revenue.Funding options undergoing consideration include bursaries, sponsorship and scholarships for undergraduates. Some are also considering donating to university law departments.According to Graduate Recruitment Partner Matthew White, the focus for Herbert Smith is on \”employability issues and doing more to raise career aspirations both for university and school-age students\”. Hogan Lovells Associate Director for Legal Resourcing Clare Harris said, \”Our immediate priority will be to provide any additional support for our future trainees who may require it, both during their time at university and at law school, should funding prove to be a difficulty and where there are genuine cases of hardship\”.Many university students and professors have shown themselves to be open to the plans. Lawrence Wilcock, President of LawSoc, commented, \”No student should be dissuaded from pursuing the career of their choice because of financial difficulties, so just as I gladly accept reforms to student support within universities, any assistance from the legal sector should be thoroughly welcomed so as to ensure ongoing diversity.\”First-year law students Pooja Menon at St. John\’s, and Vandana Singh at Exeter, both welcomed \”the legal profession taking the initiative\”. However Singh added, \”I don\’t really think it would make too much of a difference on the decision of whether to go to university or not especially because this kind of help will probably be very limited and very exclusive.\” Karim El-Bar, a prospective law student, also expressed doubts, observing, \”Corporate law is only one branch of a very large and varied profession. Corporate law firms dominate the jobs market, and in future are more likely to dominate due to the planned cuts.\”I welcome city law firms\’ decisions to assist with law undergraduates financially, however the same attitude has to be undertaken by firms specialising in other areas for future generations of lawyers, who might not necessarily want to specialise in corporate law. Lawyers who aren\’t getting this extra support in the face of rising tuition fees are naturally going to find it harder to get a job.\”In a similar vein, Universities Minister David Willets has called for other companies to follow the example set by accountancy firm KPMG, which announced earlier this year that it is offering school leavers the chance to study at a top university for free.GlaxoSmithKline has also promised financial support for students, announcing that it will pay up to £27,000 for between 50 and 100 graduate recruits on its training programmes. The pharmaceutical firm\’s total support budget is approximately £3 million a year.GSK chief executive Andrew Witty said that the program was \”a great way for us to try and ensure that we get that next brilliant scientist.\” He also noted that the investment cost was a \”relatively small amount\” in comparison to the £4 billion spent by the company on research and development.Oxford is one of the increasing number of universities who have confirmed plans to charge the maximum £9000 in annual fees from October 2012, following Lord Browne\’s review of higher education funding. Students will potentially graduate with debts over £40,000.Âlast_img read more

‘Spring Aboard’ During Spring Break

first_imgFacebookTwitterCopy LinkEmailShare Indiana Conservation Officers will be partnering with the National Association of State Boating Law Administrators (NASBLA) to encourage boaters to Spring Aboard and enroll in a boater education course.  Working in partnership with the states, many on-line course providers will offer incentives or course discounts for students who enroll in or complete a course during the Spring Aboard campaign from April 17-23, 2016..“An informed and knowledgeable boat operator is much more likely to recognize hazardous conditions on the water and avoid a boating mishap”, said Indiana Boating Law Administrator Lt. Kenton Turner.  “Classroom courses are offered through Indiana Conservation Officers.  Online courses are available 24/7 and provide state specific information needed for your boating location.”Forty-nine (49) states and U.S. territories require proof of completion of a boater education course for operators of some powered vessels.  For Indiana available courses, visit: (online) https://www.boat-ed.com/indiana/index.html – (Classroom) https://www.register-ed.com/programs/indiana/104-indiana-boater-education/agency:25For Indiana boating regulations and educational material visit:  http://www.in.gov/dnr/lawenfor/8678.htmAccording to the latest U.S. Coast Guard statistics, 80% of boating deaths occurred on boats where the operator had neverreceived boating education instruction.last_img read more

Ocean City Intermediate Students Get Musical in Woodshop

first_imgOn Thursday, October 6th, eighth grade woodshop students at the Ocean City Intermediate School were given a mini guitar lesson from local musician John Crotty of Grassroots Music Store on Asbury Avenue, using guitars made in the class. The woodworking teacher, Stu Lichtenstein, has made one of the classes main projects a “cigar box guitar.” The guitars are made using empty cigar boxes for the body, that not only act as practical resonators, but also add a unique design aspect.Students broke into groups of five for their lessons from Mr. Crotty, leaning in closely with interest, learning a few simple chords to start. They practiced on previously built cigar box guitars, as the class was still working on finishing their own guitars. “I’m not a musician, so I thought it would be great to have someone who was, come in and teach the kids,” explained Mr. Lichtenstein. Students who were not currently receiving lessons from Mr. Crotty worked on sanding their guitars.Mr. Lichtenstein began the cigar box guitar project by teaching the kids about the history of blues, and how this style of guitar was poplar in the South beginning in the 1800’s. The cigar boxes were collected through a combination of donations and Mr. Lichtenstein’s purchases from various shops along his travels. He makes sure to point out to the kids that the cigar boxes are just for artistic design and that smoking is certainly not encouraged. The project also consisted of a heavy amount of math, measuring, and problem solving.Sofia Keir, 13, was searching for a specific piece of mahogany wood to compete the neck of her guitar when asked about her favorite part of the project. “Probably the sanding and making sure everything is even and smooth,” she said. “The hardest part was measuring everything.”last_img read more

Journalist John Harwood named new Nieman board chair

first_imgJohn Harwood, chief Washington correspondent for CNBC and a political writer for The New York Times, has been tapped to lead the Nieman Foundation’s Advisory Board. A Nieman Fellow in the class of 1990, he has served on the board since 2006.Harwood takes the reins from William O. Wheatley Jr., NF ’77, who finished his term as head of Nieman’s advisory board last year. The board, composed of leading journalists, Harvard advisors and media specialists, serves in a consultative role on issues related to the foundation’s work and future prospects.Harwood’s work for The New York Times includes reporting and writing for the regular politics and government blog “The Caucus.” He was previously the political editor and chief political correspondent for The Wall Street Journal, where he also covered Congress and the White House. He is a regular contributor to NBC’s Nightly News and “Washington Week” on PBS.last_img read more

Hey, Tevye! First Peek at Danny Burstein as Everyone’s Favorite Milkman in Fiddler on the Roof

first_img View Comments Related Shows Star Files Danny Burstein Show Closed This production ended its run on Dec. 31, 2016 He won’t hit the stage of the Broadway Theatre until November 20, but Danny Burstein is ready to show off his newest onstage look, as everyone’s favorite milkman Tevye in Fiddler on the Roof. The five-time (!) Tony Award nominee shared this dressing room snap in costume on Instagram during a break from the musical’s tech period on November 12. “Still smiling,” he wrote in the photo’s caption. So are we, Danny, so are we! For more on this beloved Broadway baby, check out our recent video interview with Burstein below. Fiddler on the Rooflast_img

Vermont joins NY and CT in lawsuit against NRC over long-term, on-site storage of spent nuclear fuel

first_imgNorthstar Vermont Yankee,Citing the need for the United States Nuclear Regulatory Commission (NRC) to evaluate environmental risks associated with long-term onsite storage of spent nuclear fuel at locations such as the Vermont Yankee Nuclear Power Station, Attorney General William Sorrell joined New York and Connecticut today in the filing of a lawsuit against the NRC in the US Court of Appeals for the DC Circuit.The lawsuit challenges two decisions by the NRC ‘ the ‘Temporary Storage Rule’ and its accompanying ‘Waste Confidence Decision Update.’‘The public has a right to know how long-term storage of spent nuclear fuel will affect the environment, particularly when it is occurring at nuclear power plants that were never designed to be long-term storage facilities of spent nuclear fuel,’ said Attorney General Sorrell. ‘Calling this a ‘temporary’ storage rule does not reflect reality when the rule allows spent nuclear fuel to be stored within Vermont’s borders for several generations to come,” he added.The NRC rules claim that there would be ‘no significant impact’ on the environment, despite allowing spent nuclear fuel to be stored onsite at power plants such as the Vermont Yankee Nuclear Power Station for as long as 60 years after the plants cease operating. The NRC rules assert that the environmental analysis is unnecessary because the NRC is confident that spent nuclear fuel can be stored safely at Vermont Yankee until 2072 (60 years from the end of the current license), or, if the plant is relicensed, until 2092. The lawsuit challenges the enactment of these rules.Governor Peter Shumlin voiced his support for today’s action: ‘The continued storage of spent nuclear fuel on the banks of the Connecticut River, without any real plan for long-term disposal, is unacceptable. We strongly disagree with the Nuclear Regulatory Commission’s process and rule regarding nuclear waste management and fully support the Attorney General’s efforts on behalf of Vermonters.’The suit asks the court to vacate the new rules and send the matter back to the NRC for a site-specific analysis of potential environmental impacts associated with onsite storage of spent nuclear fuel. Source: Vermont Attorney General. 2.15.2011last_img read more

Massanutten: The Ultimate Mountain Adventure

first_img It’s Always Summer at the Massanutten Indoor WaterPark Located on 6,000 acres in the heart of the Shenandoah Valley of Virginia, Massanutten Resort offers outdoor enthusiasts a nearly-endless supply of activities year-round. Here are just a few of our favorites: Hours and rates for the Massanutten WaterPark vary depending on age and season, but children 2 and under are always free! Plus, you can see full hours and rates online at massanuttenwaterpark.com Start planning your next adventure at www.massresort.com/specials. Want to see the mountains from a totally different perspective? Consider signing up for an exhilarating Canopy Tour at the Family Adventure Park. This 90-minute journey through the forest will take you across the Burma bridge, hanging vines, and four different zip lines that range in length from 90 to 470 feet. If you’re looking for quick, heart-pumping action, fly alongside a friend on the 800’ Mega-Zip dual racer zip line! Or, if you have the little ones with you, the Kids’ Adventure Course is perfect for those 12 and under who still want to experience all the action. Open Memorial Day weekend to Labor Day, Massanutten’s Outdoor WaterPark welcomes all water and sun lovers to catch a wave at the White Caps Wave Pool, play water hoops, or race down the Rockingham Racer head-first, downhill water slide. For the ultimate relaxation, rent a private Cabana for the day; complete with a ceiling fan, Wi-Fi, four lounge chairs, two towels, as well as dedicated service from the newly expanded Chill Grill. All that hiking, mountain biking, rappelling, and ziplining is sure to build up your appetite. Luckily, Massanutten has one of the best dining scenes in the Valley. With three top-notch restaurants to choose from, you’ll never want for great food and drink when visiting Massanutten. Campfire Grill is Massanutten’s newest on-mountain dining location inspired by the Shenandoah National Park. Camp stove chili, chicken dumplings, campfire pouches, and skillets are just a few classic campfire dishes. Just make sure to save room for the s’mores! Massanutten hosts four annual festivals on their ski slopes, two of which occur during the warmer months. Whether you’re looking to jam out at the ValleyFest Beer & Wine Festival on May 25 or watch the fireworks with the whole family at Summer Jam on July 3, Massanutten is the place to be! Test Gravity at the Massanutten Bike Park The Shenandoah Valley has become a hotspot for downhill mountain biking and the Massanutten Bike Park is one of the best in the area. With two chairlifts that service a network of gravity-fed trails, Massanutten offers a great mix of purpose built trails tailor-made for beginner, intermediate, and expert riders.center_img Surf the Earth on a Golf Board If adrenaline pumping action is what you desire, Massanutten’s Ridge Climbing & Rappelling Excursion is just for you! Experience the thrill of a 38ft and 58ft rappel, assisted by your guide. Stop for beverages and a quick snack at the scenic overlook before reaching for new heights during a rock climbing portion. Conquer your fears and blaze your own trail on two different Class 5 climbing routes, with difficulty ratings from 5.6-5.8 to match your climbing experience and fitness level. Professionally trained guides assist you during each activity, so no experience is necessary. Ridge Climbing & Rappelling Excursion Open year-round, Massanutten’s climate-controlled, Indoor WaterPark entertainment complex features 8 water slides, an adventure river, hot tubs, and water play structure with countless interactive elements and a 528-gallon dumping bucket. A highlight for thrill-seekers is the state’s first and largest FlowRider surf simulator! If you’re visiting with the little ones, make sure to visit the Frog Pond, a shallow pool with sprinklers, swings, and a giant frog’s tongue that babies and toddlers love sliding down! Massanutten Resort is home to two high caliber golf courses: Woodstone Meadows Golf Course and Mountain Greens Golf Course. If you’re headed onto the greens, be sure to ask about the newGolfBoards. Golfers of all ages can now “Surf the Earth” from shot-to-shot in a way that feels like snowboarding or surfing. Soar Through The Canopy Attend a Festival Fuel Up at Campfire Grill last_img read more

Holiday shopping season sees spending increase

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by: Jeff FalkRetailers enjoyed a slight increase in sales at the start of the 2014 holiday shopping season. A recent report looked at spending data from Black Friday through Cyber Monday, and found a year-over-year dollar volume growth of 5 percent during the five-day period. That’s a little less than 2013’s 7-percent year-over-year increase during the same timeframe. Likewise, retail transactions saw a 5-percent growth, down from 6 percent the previous year. Some experts believe earlier Black Friday store openings, along with an amped-up advertising effort, helped fuel the spending increase.Winter weather slowed sales in the South and Northeast, with Kentucky and Maine showing the least sales growth nationwide. Western states saw the most significant growth with Utah boasting a 15-percent increase and Oregon enjoying an 11-percent uptick.Building materials, electronics/appliances and furniture stores led the charge in overall dollar volume growth with increases of 10.4 percent, 10 percent and 8 percent, respectively. Even so, heavy discounts on electronics and appliances led to a decrease in average ticket totals, with this category seeing a year-over-year drop from $149 to $131 in average ticket value. Clothing and accessories saw the greatest decline in year-over-year spending growth, falling from 9 percent in 2013 to 3 percent in 2014. continue reading »last_img read more

Questions lurk over Navy Federal and CFPB

first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The CFPB consent order that cited the $77 billion Navy Federal Credit Union Tuesday with deceptive debt collection practices is raising questions about the world’s largest cooperative and the CFPB’s enforcement actions.The Vienna, Va.-based credit union was ordered to pay affected members $23 million and a $5.5 million civil penalty.“I think that questions need to be asked about [Navy Federal’s] incentive structure,” Keith Leggett, retired SVP and senior economist for the American Bankers Association, said. “What was the incentive structure? Were employees’ compensation tied to debt collection? And then you have to ask did this cause employees to overstep and engage in unethical behaviors and was there some direction by managers in the collection department?”He also questioned how long these debt collections practices were going on because the CFPB investigation looked at the credit union’s internal operations from January 2013 to July 2015.In addition, what is also unknown is how and why these debt collection practices were initiated, and when Navy Federal’s top executive team became aware of them. continue reading »last_img read more

5 ‘core’ considerations

first_imgFor credit unions, the core banking platform is the primary system of record for members and accounts, and arguably the most important technology choice. The right core strategy starts with understanding future expectations, current needs and what solutions are geared to your business model. Here are five things to consider when making your decision.How does your core system affect your member experience?Credit union members can have high expectations for personalized attention and customer service. Often, that’s the very reason they chose to establish a relationship with your institution. When your employees serve your members, what does the experience look like? When they look a member up in the system, do they pull up an account or an account holder? If your core is able to provide a snapshot of the account holder, every employee who interacts with a member has a holistic view of that member. This means your staff aren’t offering products and services that a member already has, or taking a long time to access the information they need to provide superior service. continue reading » 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more