"Psych" comes back for its eighth season on Wednesday, Jan. 8
The project from the former "Suits" showrunner comes from Universal Cable Productions
Series creator Aaron Korsh also signs an overall deal with Universal Cable Productions
Expect cool briefcases in Tuesday's mid-season closer
Phelps will appear on the mid-season premiere of "Suits"
Cable hits will return within days of each other
The cable network will try a 16-episode second season of the lawyer drama on for size