Ed. note: This is the latest installment of Size Matters, one of Above the Law’s new columns for small-firm lawyers.
When I was in sixth grade, my teacher, Mrs. Johnson, asked all of her students to write an essay on who we admired most. My best friend Marni wrote about President George Bush, Sr. She loved America. I wrote about my dad. I loved my family. A classmate named Jay wrote about Ted Turner. He loved money.
Apparently, Jay is not the only person to love money. In fact, I am told that some lawyers chose the profession because they too love money.
Those lawyers work at Am Law 100 firms, right? Not all of them. Not the country’s richest practicing attorney….
During the height of the recession in 2008 and 2009, pushing back start dates was all the rage. Biglaw firms got really creative about when they’d allow people to show up for work.
Now you’re not going to believe this, but it turns out that refusing to let people show up for work created other problems. The deferrals created a backlog of associates that Biglaw has been trying to absorb ever since. At some firms, there are still people who were supposed to be part of the class of 2010 who are waiting to start. At DLA Piper, for instance, some associates in the class of 2010 won’t be able to start until January 2012.
So where does that leave the class of 2011? If you are lucky enough to have a Biglaw job lined up for after graduation, will you be able to start on time? With a few notable exceptions, last year took us back closer to start date normalcy.
Early indications suggest that 2011 will continue that trend….
In 1995, Betty Dukes took a job at a Wal-Mart near San Francisco, working as a cashier and greeter for $5 an hour. A “greeter” represents the face of the company as consumers walk through the door. Little did Dukes and Wal-Mart know that Dukes would ultimately become a face of Wal-Mart nationally, under much different circumstances.
Today, the U.S. Supreme Court will hear oral arguments in Wal-Mart v. Dukes. Dukes is now the lead plantiff in a gender bias suit that may become the largest class action in American history, with attorneys for Dukes seeking to represent a class of possibly 1.6 million women. SCOTUS will be determining if the plaintiff cases against Wal-Mart are sufficiently related for them to be certified as a class.
So what does this have to do with legal technology, which is what I cover for ATL? Everything. And no matter what the court decides, the legal and technological ramifications of this case do not bode well for the retail giant…
It’s frigid in the Northeast, but the cold temperatures can’t obscure all the signs that spring is upon us. America is engaged in an unnecessary military action in the Middle East, purported Wake Forest Law students are freaking out, and I’m talking myself into a Mets ticket package. Yeah baby, spring is in the air.
And so it’s time for another rite of spring: Above the Law’s annual Law Revue video contest. For the third year in a row, we will be accepting submissions for the funniest law-student-generated video clip of the year. The Annual Law Revue (or whatever the parody show is called at your law school) allows students to poke fun at law and life. And now, thanks to the wonder of file-sharing sites, the musical creations last beyond the run of the show, and can be enjoyed (or hated) over and over again on YouTube. We’ll watch all the videos, and you guys will vote for the best.
Last year, Northwestern took home the honors with a brilliant parody of an Annie Lennox song. Check it out to see a winning effort.
As in any contest, THERE ARE RULES. The rules are listed below. Since many of you aspire to be lawyers, we trust that you are CAPABLE OF FOLLOWING RULES. Those who do not follow rules will be punished, in this life and the next….
* Over the weekend, while I was at the gym, I listened to this engaging and entertaining podcast, with Professors Richard Epstein and John Yoo. They discuss Libya, Obamacare, and — perhaps most interesting for ATL readers — the U.S. News law school rankings (around the 13-minute mark). [Ricochet (subscription); accessible for free for ATL readers over here (mp3)]
* Speaking of law professors and Libya, my friend and former co-clerk, Professor William Birdthistle, is writing an interesting series of posts about his childhood in that now war-torn land. The first appears here. [The Conglomerate]
* Joining the ranks of law professors: former Supreme Court shortlister Larry Thompson, who’s retiring as general counsel of PepsiCo and entering legal academia. [Corporate Counsel]
* Hey Raj Rajaratnam, look on the bright side: at least you’re not Barry Bonds. [Dealbreaker]
* A close and critical look at the PayScale salary data used by Forbes in its recent analysis of law school graduate salaries (as well as its ranking of “best law schools for getting rich”). [Constitutional Daily]
Ken Kratz wins 'The Prize' of no criminal charges.
It’s been a while since we last checked in on Madam Justice A. Lori Douglas, the Canadian jurist featured in pornographic photos that found their way to the internet. Today we have an update.
The update relates to Justice Douglas’s husband, Jack King — the Canada lawyer responsible for posting the pictures of his wife engaging in bondage, playing with sex toys and administering fellatio, among other activities….
The law firm that “specializes” in World Trade Center aftermath issues has already drawn the ire of the judicial system. The firm represents workers injured in the WTC cleanup, and a federal judge previously benchslapped them for seeking excessive legal fees.
You’d think Worby Groner would try to keep a low profile after that. But the firm’s latest advertising campaign is just tasteless….
The new managing partner, or CEO, or whoever, comes on board, and he throws out the old guard and brings in his new guys — blatant cronyism. This always bothered me.
I was wrong. I’ve recently become a big believer in cronyism.
But perhaps that’s because I’ve recently changed my perspective.
I’ve now lived a fairly long legal life, and I’ve seen an awful lot of lawyers in action. Let’s say that, over the course of a few decades, I’ve worked sufficiently closely with 1,000 lawyers to be able to assess intelligently which of the thousand are good and which ones aren’t.
Of the thousand lawyers, 200 suck. They’re just abysmal, and you wouldn’t use them for anything….
On Friday, Ropes & Gray and Latham announced spring bonuses. This morning we heard from Kirkland & Ellis. Firms are finally getting the message: spring bonuses are what big firms are doing this year.
So let’s keep the good times rolling. Earlier today, Proskauer Rose announced that it would be joining the spring bonus mania. And like many of the recent spring bonus firms, Proskauer is spreading the love beyond New York: L.A., D.C., and Chicago are all getting in on the spring bonuses.
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past seven years. You can reach them by email: firstname.lastname@example.org.
Please note that Evan Jowers and Robert Kinney are still in Hong Kong and will stay FOR THE REMAINDER OF THIS WEEK. We still have a handful of available slots for meetings with our Asia Chronicles fans. If we have not been in touch lately, reach out and let us know when we could meet! There is no need for an agenda at all. Most of our in-person meetings on these trips are with folks who understand that improving a legal practice through lateral hiring is an information-driven process that takes time to handle correctly.
Regarding trends in lateral US associate hiring in Hong Kong, we of course keep much of what we know off of this blog. Based on placement revenue, though, Kinney is having one of our most successful years ever in Asia. We are helping a number of our law firm clients with M&A, fund formation, cap markets, project finance, FCPA and disputes openings. These are very specific needs in many cases, so a conversation with us before jumping in may be helpful. As always, we like to be sure to get the maximum number of interviews per submission, using a well-informed, highly targeted, and selective approach, taking into account short, medium and long-term career aims.
Making a well informed decision during a job search is easier said than done – the information we provide comes from 10 years of being the market leader in US attorney placements at the top tier firms in Asia. There is no substitute for having known a hiring partner since he/she was an associate or for having helped a partner grow his or her practice from zip to zooming, and this is happily where we stand today – with years of background information on just about every relevant person in all the markets we serve, and most especially in Hong Kong/China/Greater Asia. So get in touch and get a download from us this week if we can fit it in, or soon in any case!
The legal industry is being disrupted at every level by technological advances. While legal tech entrepreneurs and innovators are racing to create a more efficient and productive future, there is widespread indifference on the part of attorneys toward these emerging technologies.
When the LexisNexis Cloud Technology Survey results were reported earlier this year, it showed that attorneys were starting to peer less skeptically into the future, and slowly but surely leaning more toward all the benefits the law cloud has to offer.
Because let’s face it, plenty of attorneys are perhaps a bit too comfortable with their “system” of practice management, which may or may not include neon highlighters, sticky notes, dog-eared file folders, and a word processing program that was last updated when the term “raise the roof” was still de rigueur.