This $5,000 scholarship is awarded to a full- or part-time student enrolled in a New York State law school. It was created to honor the memory of Melvyn Mitzner, a legend in the New York real estate legal community. Mitzner is a former chair of the Real Property Law Section, and was an active and valued member of the Section for many years.
Efforts will be made to honor Mitzner’s commitment to professional achievement and to diversity in the profession. To ensure geographic diversity, the Foundation will strive to select students attending New York State law schools in different counties each year, so that over time students from all areas of the State will be able to benefit from the scholarship. A preference will be given to students who demonstrate financial need.
The Real Property Law Section Melvyn Mitzner Scholarship application form has details on eligibility and requirements.
Application Deadline: December 3, 2018.
New York State Bar Association
The state’s district attorneys may torpedo a proposed commission to investigate prosecutorial misconduct if a bill creating the group is approved by New York Gov. Andrew Cuomo.
In a letter sent to the state’s prosecutors Tuesday, Albany County District Attorney David Soares said the District Attorneys Association of the State of New York will be advancing an expedited constitutional challenge to the bill. Soares is president of the DAASNY.
Soares also urged the district attorneys and their assistants to decline any appointment to the commission until the litigation is resolved, which would leave the body without four of its members required by the statute.
With the recent news that some BigLaw starting salaries are rising to $190,000, it’s no wonder that law school continues to be a top destination for recent college graduates. However, the truth behind those starting salaries–and given the volatility of the legal job market and the effects of globalization and technology on the business of law–should give one pause before taking out $200,000 in school loans.
So the question remains: Should you go to law school? The answer according to two legal industry experts? It depends.
The IRS issued proposed regulations this week for a new provision allowing many owners of sole proprietorships, partnerships, trusts and S corporations to deduct 20 percent of their qualified business income. The new section 199A deduction is available for tax years beginning after Dec. 31, 2017.
The Treasury Department and the IRS also issued proposed regulations this week on the new 100-percent depreciation deduction that allows businesses to write off most depreciable business assets in the year they are placed in service.
For more information on the two new deductions, visit IRS.gov/taxreform.