Above the Law launched five years ago today, on August 30, 2006. If you like, you can take a trip down memory lane and read my letter from the editor, introducing ATL to the world.
Reaching this milestone is no small feat. If you think of Above the Law as a blog, this is a major accomplishment; in the words of one observer, the typical blog “has the lifespan of a fruitfly,” with most blogs being abandoned within a year. If you think of Above the Law as a business, this is also noteworthy; according to the Small Business Administration, new firms have about a 50 percent survival rate in the first five years.
So, on the occasion of our fifth anniversary — or “blogiversary,” as some say — we’d like to give thanks. We extend our deepest gratitude to our wonderful readers, our knowledgeable tipsters, our generous sponsors, our talented fellow journalists and bloggers, and our loyal friends. We couldn’t have made it this far without you.
That’s our main message, and you can stop reading here. If you’re interested, though, feel free to read on, as I identify five ways in which Above the Law has changed and evolved over the past half-decade.
* What is up with Georgia judges? Another one bites the dust: Judge Douglas Pullen leaves the bench, terminating an investigation by the Judicial Qualifications Commission. [Atlanta Journal-Constitution]
Back in June, we notified our readers about a fabulous job opportunity for attorneys in Philadelphia. There was one catch: the applicant had to be a “sharp dresser.” In fact, “no casuals” need apply for this lucrative position.
Apparently, the maverick behind the original Craigslist ad is still searching for a partner in crime law practice, because the job listing has reappeared.
And this time, if you’re thinking of applying, you had better get your headshots ready….
Thad Money, a former roommate of Stephen McDaniel, came to public attention last week when his name was mentioned at McDaniel’s magistrate court hearing. In building their case against McDaniel, Macon police are relying in part on Money’s recollections of the defendant.
After the hearing, Thaddeus Money gave an interview to the Macon Telegraph. Let’s learn more about this young man, and hear what he has to say about his ex-roomie….
There are no magic questions to take through the interview process. There are only areas to be examined. Life is one long extemporaneous speech. It is not canned dialogue. The student who prepares and understands the areas that are significant to her decision will know where to focus her questions.
Some questions should be directed at associates, while others should be directed to partners. Students sometimes forget that they can actually learn something more about the firm by asking questions. Yes, the questions you ask will be assessed by the interviewer; but please don’t ask certain questions for the sake of asking questions.
This helpful information is provided by Lateral Link’sFrank Kimball. What follows is an outline of areas you may want to consider, but remember who your audience is….
As we mentioned in Morning Docket yesterday, two adult children in Illinois have sued their own mother on the grounds of “bad mothering.” You must be wondering how one qualifies to be a bad enough mother to warrant such a lawsuit. Well, apparently, failing to completely spoil your children will do the trick — especially if your ex-husband, an attorney, has it out for you and is representing the kids.
The lawsuit has since been dismissed, but it was so ridiculous that we thought it deserved its own showcase here on Above the Law. Find out what these snotty little brats alleged against their mother, after the jump….
Last month, the Supreme Court law clerks for October Term 2010 finished their clerkships, turning over their clerkly duties to the October Term 2011 class of clerks. As in past years, many of the OT 2010 clerks are joining private law firms — which welcome them with six-figure signing bonuses. These bonuses are paid on top of base salaries reflecting their seniority (many SCOTUS clerks join firms as second- to fourth-year associates), as well as the usual year-end bonuses.
For the past few years, at least since 2007, law firm signing bonuses for members of The Elect have hovered around $250,000. But this year, at least a few firms are offering even more.
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
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: