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.

Will Snap Open the Floodgates for Other IPOs?
06:13 - Perhaps even more than in the typical debate over tech company IPOs, opinions are split on whether Snapchat's shares are worth buying in its initial public offering and whether it will prove a fit and lasting public company. The answer to the first question will come on Wednesday, when Snapchat is expected to close its first stock sale to the public. Bloomberg's Alex Barinka and Sarah Frier have more on "What'd You Miss?" (Source: Bloomberg)
  • Fidelity's Ford O'Neil Likes Corporate Bonds, TIPS
  • Options Insight: How to Trade J.C. Penney
  • Barrick President Says They'll Be Patient With Deals