78% of Law Schools Ignore ABA Rule

March 7 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the legal news for the week. New testimony at the BP oil spill trial in New Orleans focuses on a key safety test taken shortly before the accident. Also, Martha Stewart took the stand at a trial over a dispute involving her company Martha Stewart Living, Macys and JC Penney. Finally, nonprofit group Law School Transparency has just released a report finding that 78% of American law schools have ignored new ABA standards on providing consumers with accurate information.

Is Black Friday Fading to Grey?
16:28 - Huw McKay, senior international economist at Westpac, discusses the prospects for black Friday as consumer confidence declines. He speaks to Bloomberg's Angie Lau on "First Up." (Source: Bloomberg)
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