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Among those who are still employed, reaction to deferments and fellowship options largely has been harsh. Many associates privately complain about how law firms have betrayed trust by promising jobs they may not be in a position to deliver. On public (but anonymous) websites like Abovethelaw.com, most critics have expressed outrage at what they perceive to be a breach of contract. Still, Sandra Sperino, an assistant professor of law for the Beasley School of Law at Temple University in Philadelphia, notes that because most states provide at-will employment, firms can change the terms of a job offer...

Author: /time Magazine | Title: Law-School Grads See Promised Jobs Put On Hold | 3/26/2009 | See Source »

...disappear - and we'll continue to have true believers on the left and the right. But with the economy in uncharted territory, we'll come to recognize that party-line adherence to old political convictions won't provide any easy way out. Given that it was our unthinking trust in the unthinking certainty of "experts" that got us here - securitized debt? credit-default swaps? uh, sure, whatever - Americans can now revert to their ruthlessly pragmatic, commonsensical selves. Admitting that we aren't certain exactly how to proceed is liberating, and key. Hyperbolic rants and rigid talking points, in either Limbaughian...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

Mann is torn up about the economy and wants a Treasury Secretary he can trust. I know how he feels - things are really tough right now, you know? - but sometimes life isn't that simple. Sure, Paul Krugman looks like the guy every recession-weary gal dreams of, but it takes more than Princeton professor duds and a neatly trimmed beard to fix the economy. Geithner's nice enough, right? There's nothing wrong with him, right? And even though he seems unsure of himself and half the time I have no idea what he's talking about, Obama likes...

Author: /time Magazine | Title: An Ode to Paul Krugman | 3/26/2009 | See Source »

...European Commission insists it has "full trust" that the Czech Republic will continue to run the E.U. presidency smoothly. But officials in Brussels are nervous about the E.U. falling into limbo at such a critical moment. On Wednesday, German MEP Martin Schulz, who leads the European Parliament's Socialist group, accused Topolanek of undermining Europe. "Being here this morning shows that you are a fighter, but so far you haven't understood what the task of the presidency of the E.U. is," Schultz said...

Author: /time Magazine | Title: Czech Government's Collapse Hits the E.U. | 3/25/2009 | See Source »

...walking over to the medic to talk - he was done shaving - but Ricky stopped translating for the American soldiers and stood in my way. "He is a bad man. He stole a Playstation." Ricky referring to the private and nodding toward the Americans, "...from our soldiers. I do not trust...

Author: /time Magazine | Title: The U.S. Military: Mediating Between Kurds and Arabs | 3/24/2009 | See Source »

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