LIT COMMENTARY
What are the criteria for PPP loan forgiveness?
Funds are allowed to be used for payroll costs, rent, utilities and interest on mortgages. At least 60% of loan must be used for payroll costs. While the loan is being used, employers must attempt in good faith to maintain similar levels of employment and pay that they had prior to the pandemic.
Does that include PPP loans when it is later announced you can Afford to Pay Your Legal Staff $20k bonus before they even commence employment?
Of course, we’re lawyers, we make the laws advantageous to us.
Payment Protection Plan (PPP) is administered by the Small Business Administration (SBA), correct?
Yes, but BigLaw is just a fancy name, we’re really just a boutique law firm. However, we need to give these bonuses as well as the salaries so we use the monies before the fiscal year end to get forgiveness.
“We Run the Country. Lawyers Do Not Go To Jail. We are Members of the Privileged Class.”
The former @ABAPresident was caught in this sting too.
It’s frightening what #WeThePeople do not know about lawyers.
A REAL ‘LIVE’ STORY. JOIN LIT. BE A VOICE. SHARE. RETWEET. HAT TIP. https://t.co/dxG40ucNQt pic.twitter.com/rUDMsruEhl
— LawsInTexas (@lawsintexasusa) December 5, 2020
Biglaw Firm Offers $20,000 Bonus For New Associates Who Don’t Even Work There Yet
Boies Schiller is sharing the love with associates before they even start working.
Just today, Boies Schiller & Flexner announced bank breaking bonuses that pretty much everyone at the firm is excited about. But they aren’t done spreading the good news.
Now, we all know COVID-19 is screwing up pretty much everything, but the law school class of 2020 has taken an especially big hit. The bar exam — ugh, don’t get me started on how screwed up that’s been, there’ve been technical screw-ups, relying on discriminatory tools, and plainly cruel test-taking procedures.
And start dates for folks starting at Biglaw — they’ve been all over the place. Some have been pushed back to as late as summer of next year. Between all of this nonsense, you have to imagine it’s been a frustrating time to start your legal career.
But Boies Schiller Flexner LLP has revealed a new program designed to make it a little easier for those that are on the precipice of starting their legal career.
Though they’ve yet to start work at the firm (they’re scheduled to start next month), they’re still sharing in the firm’s successes — to the tune of $20,000.
That’s right: incoming associates will receive sizable welcoming bonuses at Boies Schiller Flexner LLP. Hell, it’s more than some firms are even giving first years that have been working for a whole year. Impressive.
Here’s the email that incoming associates received today:
Welcome to Boies Schiller Flexner LLP. We are very excited that you are joining the Firm next month. In the meantime, please continue to stay safe. Those of you who received an advance will have the advance forgiven and will receive the difference between your advance and $20,000 as a welcoming bonus; those of you who did not receive an advance will receive a $20,000 welcoming bonus.
Congratulations to those getting a nice payday from Boies Schiller Flexner LLP before they’ve even billed an hour. And kudos to the firm for sharing the wealth.
Boies Schiller Promises More Bonuses
On top of previously announced special bonuses, Boies Schiller Flexner LLP will award associates who bill exceeding hours with an additional “extra-extraordinary” bonus at the end of the year, the firm announces. https://t.co/HioDdH2VCT #greed pic.twitter.com/C3mW8CKy6w— LawsInTexas (@lawsintexasusa) June 3, 2021
Dirty Deals: Austin Car Dealer and Businessman Bryan Hardeman’s Arrest on Suspicion of Arson
The same Hardeman who made a statement on video at Nate Paul’s auction “go find a court in this building to stop this”.
Woman Owned Rogue Foreclosure Mill Removes Bandit Lawyer’s Client to Friendly Fed. Judge Hanen
Rogue Lawyer Shelley Hopkins of Creditor Rights Law Firm BDF Law Group, aka Hopkins Law in Austin, removes Foreclosure Defense Lawyer’s suit.
Bandit Lawyer Bob Kruckemeyer Switches Client Industries: From Air Fuel to Tax Scam Promoters
For each ERC issued to NAGRI from the IRS, NAGRI agreed to pay HPFS a flat fee equal to 7 percent of the total aggregate value of such ERC.
LIT’s Flamin’ Hot Revelations About Lyndell Leroy “Lynn” Price of The Turkey Leg Hut
Lyndell Price has shot to celebrity status in H-Town and this Bad Boy seems to have the Judiciary and Police Wipin’ Criminal Records
First FCA PPP Loan Fraud Case With Recovery From Lender Prosperity Bank
LIT notes that the DOJ in Rusk St, Houston is failing to provide any federal case information or indictments in bare bones media releases.
PPP Loan Fraud in The State of Thieves, Texas
A Texas man, Dinesh Sah was sentenced today to more than 11 years in prison in connection with his fraudulent PPP loan applications.
Hopefully one of the next new batch of federal judicial nominees in the new presidency, this lawyer, Jared Westbroek, gets LIT’s vote. https://t.co/Rt7bSXXRHi @FedSoc @JCNSeverino @judicialnetwork @glennbeck @SCOTUSblog @GACourts @JudgeDillard @TheJusticeDept @senatemajldr https://t.co/KTs0QKyaK2 pic.twitter.com/HvbpnEhMjN
— LawsInTexas (@lawsintexasusa) December 4, 2020
“Misrepresentations, Deceitful and Dishonest.” Add https://t.co/T7RLHkNQUz to that “Disbarment Would Be Appropriate” category. https://t.co/6jPqA1PTdp
We’re talkin’ Catalina Azuero before @TheFlaBar right now. https://t.co/HgLtKwkQVZ @StThomasLaw @MilbergLaw @MiamiHerald https://t.co/iMmizdTj3H pic.twitter.com/y2WoS70fjK
— LawsInTexas (@lawsintexasusa) December 4, 2020
