It’s been a while since our last Courtship Connection report. We still have many, many single types in our database, though. We are thinking about having a singles mixer at a bar in New York in July. Is this a brilliant idea or a terrible idea? Please email Kash with your thoughts on this. The key question: Would you come to see the awkwardness if you have to buy your own drinks?
Back to our more exclusive pairings: We set up one Biglaw couple and one Midlaw-Biggov pair. Though Midlaw and Biggov both like tonic as their mixer, they did not mix well. They met at Ginger Man in midtown Manhattan on a Wednesday night. They both live in New Jersey and I hoped this might make going home together easier. Alas, no. She reported:
As promised, he had a copy of The Economist peeking outside of his messenger bag/briefcase. Although the bar was crowded, we were able to find a table in the back so we could sit down and chat without yelling over the dull roar at the bar. Turns out he went to law school with one of my co-workers and we both live in the same town. It was fun getting to know someone new over a beer and chatting about how our jobs are different (I work for a big firm and he works for the government) and favorite restaurants. There weren’t any awkward breaks in conversation and all in all, a fine blind date. But no real connection to speak of so at the end of the night, we were fine with going our own way.
The other couple had a more interesting start to their blind date relationship. I had to cancel their first date at the last minute when our Biglaw woman came down with a serious fever that sent her to the hospital. Did things heat up when the two did manage to meet up?
Three years into his own scheme of dipping into clients’ funds, Maryland malpractice lawyer Bradley Schwartz received an e-mail from a man claiming to represent a manufacturing company in Singapore, offering him legal work…
What happened next, according to Montgomery County prosecutors, is that the scammer got scammed.
Schwartz pleaded guilty and now awaits sentencing. Oh, it is sweet when a thief gets his just reward…
In April and May of this year, the Altman Weil consulting firm surveyed the leaders of 787 law firms with 50 or more lawyers about the state of the legal industry. After receiving responses from 218 of them (a 28% response rate), Altman Weil crunched the data and compiled it in a big law firm survey, which it published earlier this week.
The survey came out a few days ago and has been covered extensively in variouslegalnewsoutlets. But we weren’t in any great rush to write about it, since it doesn’t contain much to get excited about: many of the findings are (1) gloomy and (2) unsurprising.
To turn the Nixon Peabodytheme song on its head, these days it seems that “everyone’s a loser” in the world of Biglaw….
You know the drill when it comes to nonprofit fundraisers: hour-long open bar, followed by an excruciatingly long sit-down dinner. Like hamsters, you are rewarded for sitting through each speech with another course served. Once you’ve finished dessert, you hope for a video or slideshow, so the lights are dimmed and you can slip out unobserved.
Some fundraisers are more fun than others, of course — especially if there’s a photo booth with viking hats, or dueling lawyer rock bands (as there will be at the Black Cat in D.C. tonight). But generally these events are rather staid affairs.
LA-based legal services organization Bet Tzedek wanted to shake that formula up. Thirteen years ago, it launched The Justice Ball. Its founders were “sick of black tie and rubber chicken,” says the organization’s president/CEO Mitchell Kamin, and hoped to attract the young professional set instead of just geriatric philanthropists.
Over 2,500 people are expected to attend this year’s ball on Saturday night, featuring music by Dave Navarro and DJ Skribble, a Guitar Hero battle, legal tattoos, and a J-Date sponsored speed dating session. Since I’m in L.A. after attending Loyola’s Journalist Law School (and a historic taping of Jimmy Kimmel Live), I’ll be in attendance Saturday night too, thanks to comp tickets from Bet Tzedek. I look forward to spotting many summer associates there. Sidley, Skadden, Latham & Watkins, and O’Melveny & Myers are among the many firms that put the Justice Ball on their summer associate events calendars.
I interviewed Kamin about what to expect Saturday, whether tickets are still available (they are), and how he has transformed the LA County legal services firm into an award-winning national network.
* If you’re looking for something fun to do in D.C. tonight, go to the Black Cat for Banding Together 2010: Battle of the Law Firm Bands. It’s a fun evening — and it’s for a good cause. [Gifts for the Homeless]
It’s pretty tough being a first-year associate these days. You’re working hard, you’re terrified of getting Lathamed, and you can’t even complain, because everybody thinks you should be grateful to have a job.
But at least you don’t have to deal with bright and unbroken summer associates, rolling through your office with smoke billowing up their asses at every point. The recession has taken its toll on summer associate programs too.
At Sheppard Mullin, however, summer associates are actually making more money (per paycheck) than first-year associates. In fact, the summers are even making more than some second-year associates.
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: