NOW OUT FROM ILYA SOMIN: The Grasping Hand: “Kelo v. City of New London” and the Limits of Eminent Domain.

TAXPROF ROUNDUP: The IRS Scandal, Day 743.

WELL, THAT’S BECAUSE THEY ARE: College Students Feel Unprepared For Job Market.

BEN BARTON: The Rise And Fall Of Lawyers.

The American legal profession has faced a tsunami of bad news since 2008. White-shoe, corporate law firms have faced waves of layoffs or even shuttered their doors. While the very top firms are rolling again, the 50 years of explosive growth that started in the 1960s are now a memory.

But at least corporate lawyers have had recent glory days. Solo practitioners, the largest single group of American lawyers and the heart and soul of the profession, have struggled for a quarter of a century.

Since the 1960s the IRS has collected and published income levels for all American lawyers filing as solo practitioners. In 1988, solo practitioners earned an inflation-adjusted $70,747. By 2012, earnings had fallen to $49,130, a 30% decrease in real income. And note, $49,130 is not the starting salary for these lawyers. It is the average earnings of all 354,000 lawyers who filed as solo practitioners that year.

And the bad news has just started for these lawyers, who now face new competition from online providers of legal services such as LegalZoom and Rocket Lawyer.

Law school applications have plummeted. If the current trend continues, fewer students will apply to law school in 2015-16 than enrolled in law school in 2010-11. Law schools are closing campuses, merging and buying out faculty and staff.

Believe it or not, though, he manages to find an upside — mostly for consumers — as indicated by the title of his new book, Glass Half Full: The Decline And Rebirth Of The Legal Profession.

SHOCKINGLY, NOT ABOUT THE CLINTON FOUNDATION: The Seedy, Profitable World of Scam Charities. Though readers may note some similarities.

I’ve noted for years that the nonprofit world is awash in unaccountable money.

MAYBE B.U. NEEDS TO RETHINK ITS HIRING PROCESS: BU hire set up sex profile for rival: Was ‘jealous’ coed when busted in 2008.

Troubling tweets disparaging white male college students may be just the tip of the iceberg for incoming Boston University professor Saida Grundy, who has a history of Internet misdeeds, the Herald has learned.

Grundy used the identity of a Virginia woman in a jealous fit over a man in late 2007 to create online accounts in the woman’s name, including one on an adult website for people looking for trysts, according to a police report obtained by the Herald under a Freedom of Information Act request.

Grundy got one year of probation after pleading guilty to malicious use of telecommunication services, a misdemeanor, according to online court records and Dan Dwyer, the court administrator at Washtenaw County Trial Court in Michigan. Two felony charges, identity theft and using a computer to commit a crime, were dismissed.

The cyber harassment took place in December 2007 when Grundy was at the University of Michigan, where she earned a master’s degree in sociology and a doctorate of philosophy in sociology and women’s studies in 2014.

The victim told police in Charlottesville, Va., that someone was creating accounts in her name and posting her personal information online, according to the police report.

A detective traced the suspect, identified as Grundy, to Ann Arbor and reached out to police there.

During an interview with detectives at her home in May 2008, Grundy said she had never met the victim but “this was a jealous thing regarding another man,” according to the police report.

A perfect foundation for a career in Women’s Studies.

Plus:

Last week, Grundy, who is black, said she regretted “indelicately” tweeting that white male college students are a “problem population” and that “white masculinity is THE problem for America’s colleges.”

On Monday, BU’s African American Studies faculty posted an online message welcoming Grundy, saying she had been hired after a nationwide search and chosen from over 100 applicants. The post mentioned Grundy’s tweets and said they’ve been “shocked by the number of voicemails left and the hostile emails sent to our office and our individual accounts.”

Did BU know about all these problems when they hired her? If not, why not? And what characteristics did she possess that made her more appealing than the other 100+ candidates?

I RECOMMEND AN EXCISE TAX ON “EXCESSIVE” ENDOWMENT BALANCES. BECAUSE EQUALITY! Higher Education’s Wealth Gap: Rich Universities Get Richer While Poor Students Are Left Behind.

THE TRIGGER-HAPPY GENERATION:  Peggy Noonan’s new column in the Wall Street Journal documents the sad legacy of progressive censorship in the name of political correctness:

Well, here are some questions and a few thoughts for all those who have been declaring at all the universities, and on social media, that their feelings have been hurt in the world and that the world had just better straighten up.

Why are you so fixated on the idea of personal safety, by which you apparently mean not having uncomfortable or unhappy thoughts and feelings? Is there any chance this preoccupation is unworthy of you? Please say yes.

There is no such thing as safety. That is asking too much of life. You can’t expect those around you to constantly accommodate your need for safety. That is asking too much of people.

Life gives you potentials for freedom, creativity, achievement, love, all sorts of beautiful things, but none of us are “safe.” And you are especially not safe in an atmosphere of true freedom. People will say and do things that are wrong, stupid, unkind, meant to injure. They’ll bring up subjects you find upsetting. It’s uncomfortable. But isn’t that the price we pay for freedom of speech?

You can ask for courtesy, sensitivity and dignity. You can show others those things, too, as a way of encouraging them. But if you constantly feel anxious and frightened by what you encounter in life, are we sure that means the world must reorder itself? Might it mean you need a lot of therapy?

Yeah, I shudder to think what kind of President this generation could potentially produce. There are still many good, intelligent, and strong young people within our universities. The question is:  Will they find a way to lead, and fight back against this progressive, PC censorship nonsense, or will they allow themselves to be silenced?

IT’S WILLIAM FORSTCHEN’S WORLD — I JUST DON’T WANT TO LIVE IN IT: U.S. Preparation Lagging to Battle Potentially Devastating EMP: A report has found that up to nine out of 10 Americans could die from a long-term blackout as a result of starvation and societal collapse.

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IT’S COME TO THIS: Yelp Law School Rankings.

ASHE SCHOW: One year later, California man still haunted by false charges.

It’s been one year since child-sexting charges were dropped against Scott Hounsell for lack of evidence, but his life is far from recovered.

“I live in constant fear that the person I attempt to work with or my new employer is going to enter my name into Google and then rescind any offer for work,” Scott told the Washington Examiner. “I constantly think of my children, and how their friends’ parents are going to view me in the future. I avoid situations like the plague where I could ever, even for a second, be thought of as having done something like what I was accused of.”

Scott’s struggles began in 2013 with an accusation that he had sent explicit Facebook messages to a minor. No such messages were found on her computer or in Facebook’s archive, and the District Attorney declined to file charges. But the Los Angeles City Attorney, a newly-elected Democrat, pounced on the accusation, charging Scott immediately — at the time, Scott was the executive director of the Republican Party of L.A. County.

The Democrat City Attorney who pressed these charges is named Mike Feuer.

ROLL CALL: Obama to Havana? Would ‘Relish’ Cuba Trip.

President Barack Obama’s bucket list for his remaining time in office has at least one sunny destination on it: Havana, Cuba.

White House Press Secretary Josh Earnest told a reporter in town from Cuba that the president “would relish the opportunity” to visit Havana in 2016.

Earlier, Earnest welcomed the reporter to the United States and the White House. In response to other questions, he said one area of discussion regarding the president’s plans to reopen diplomatic ties with Cuba involves ensuring access by American diplomats to the Cuban people.

Obama has lifted some travel restrictions. And the president, a former smoker, has also loosened rules on bringing Cuban cigars back from the island.

Well, he’s taking the whole country to Cuba, in a manner of speaking.

MEH. IT’S A SUBSIDY TO RICH COASTAL BLUE-STATE TYPES, AND A JOBS PROGRAM FOR DEMOCRAT-VOTING UNION TYPES: Dems slam GOP over Amtrak cuts. End the subsidy and sell it off. If anyone will buy it.

“I’M MOVING DEEPER INTO THE LIBERTARIAN REALM:” Glenn Beck Calls For The Repeal Of Drug Prohibition.

FUNDAMENTALLY TRANSFORMED: New Grads Can’t Really Afford To Live Anywhere, Report Finds.

Life after college graduation is thrilling… until you try to find somewhere to live. Entry level salaries coupled with sky-high rents in the country’s most desirable cities often makes finding a place more of a headache than a happy ending.

As experts at Trulia found, new grads can’t really afford to live anywhere among the country’s 25 largest rental markets. While the median annual income for new grads ranges from about $16,000 to about $41,000 in these cities, the income needed to afford median rent is two to three times that — assuming grads don’t want to spend more than 31 percent of their income on rent.

You can see this on the map below: A purple circle is how much money recent grads typically make, and a yellow circle is how much they’d need to make in order to afford median rent. The bar chart tells precisely how much more they’d need to make to afford rent — and the numbers are not pretty.

At worst, this effect means just .1 percent of rentals are affordable to new grads in Portland, Oregon. At best, it makes just 18.6 percent of rentals affordable in St. Louis, Missouri.

Any way you slice it, it’s a pretty rough welcome to the “real world.”

Dude, you’re triggering me.

THE LATEST ADDITION TO A LONG, LONG LIST: Another reason why Hillary Clinton does not deserve to be president.

YES. MAKE IT PAINFUL FOR THEM SO THEY STOP. Social-justice warriors readying a new war on free speech?

MEMORY HOLE: Hillary Clinton Omits Failed Presidential Campaign on LinkedIn Resume. “What else is she hiding?”

Whatever she can.

MICKEY KAUS: Cruz and Amnesty: The Telltale Video.

ED DRISCOLL: Before ‘The Great Relearning,’ First We Need ‘The Great Unswaddling.’

ACE: Senator Kristen Gillibrand’s Chubby Case Against Paul Nungesser Falls Apart.

ANNALS OF CAMPUS CENSORSHIP: Youngstown State University administration — not the student government — apparently took the lead in removing ‘Straight Pride’ posters.