...factual information about the legal academy and profession--such as faculty moves, new Deanships and the like--is not "gossip." It is factual information about the legal academy and profession, information that has both value and relevance to other faculty members and current and prospective students. (Professor Bodie aptly makes the point.)
Rank speculation and chit-chat, on the other hand, about people's looks or love lives is gossip. I suppose if I did actual gossip, I'd get paid more by Blog Emperor Caron. But, alas, I don't find it very interesting. And besides Mr. Lat has cornered the market!
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