I was talking to a friend who is a junior partner in a large firm, and who is thinking of starting her own firm. She knew what practice area she would focus on, and she had at least one client who she felt sure would go with her. But she still had two critical questions to resolve. First, she wasn’t sure if she wanted to open a solo practice, or if she would try to recruit someone to form a partnership. Second, she wasn’t sure if she would form a “virtual” office, or try to start a traditional “brick and mortar” shop.
With regard to her “solo versus group” decision, we talked about the differences in tax treatment, liability exposure, etc. But I offered her my opinion that another important consideration is the practical, day-to-day differences between running your own shop and being in a partnership….
It’s exam time. Kids are living in the library and generally oblivious. This is high season for thieves!
But we’ve got an email from a law student who is determined to take action. He had his textbooks stolen (add sabotage to the list of things wrong with law school), and he’s mad as hell. He wants to do away with his law school’s honor code and go with more medieval punishments should they apprehend the thief.
And since it’s the middle of finals, the whole letter has the scent of desperation clinging to it like the smell of dog poop lingers on a shoe long after it’s been cleansed.
Full disclosure: I have a disproportionate amount of lawyer friends who work at Sidley Austin. Their bonuses have caused all sorts of fun to happen in my inbox. Without even seeing the actual bonus memo, I could tell what was happening based on Gchats and text messages. Friends said things like:
“This joke stopped being funny days ago.”
“Is ATL hiring?”
“Sidley proves you right every single day.”
I like it when friends making three times as much money as I make feel comfortable complaining to me.
Last week, we found out that 75% of our readers thought using the word “like” to introduce a quotation would like, make the speaker sound like a Valley girl, despite its apparent linguistic usefulness.
This week, thanks to popular demand from our readers, we’ll be turning to a contested issue among lawyers. What is the preferred past tense form for the verb plead — pleaded or pled?
I’m a 2L at a second-tier midwestern school. Fall OCI didn’t go so great for me and, after resigning myself to failure, I accepted an unpaid internship with the government in my home metropolitan area. If I keep the job, chances are good that I’ll end up taking out loans for externship credit and will also be forced to obtain some sort of weekend employment to pay the bills.
Surprisingly, I just got an offer to be a summer bitch at a decent-paying firm within my home town. I talked to Career Services about this problem, and they made it clear that I needed to reject the firm offer. But that option would obviously strain me, both career-wise and financially. So my ultimate question is, can I tell the government that I’m sorry, but will no longer be able to take the position? From a purely financial point of view, I can either borrow ~6k this summer for tuition and living expenses, or make ~20k.
-Money on the Table
Dear Money on the Table,
As if law students didn’t have enough strikes against them — sh*tty economy, no jobs, worthless degree — a new and insidious threat also conspires to keep them broke and unemployed: Career Services. Everyone tolerated their quaint but useless “resume writing workshops” and rhetorical great-unpaid-opportunity-in-Kansas emails when the economy was great, but now that sh*t has tanked and they are unable to fulfill their express job duties — namely, creating careers — they’ve turned underminer. If they can’t create careers, no one should have them….
Well, last Friday was interesting. When I decided to close the comments for last week’s installment of Moonlighting, Lat responded, “I’m glad at least someone is willing to try deactivation.” As expected, undeterred from the fact that they couldn’t comment directly on my post, the usual group of ATL commenters uniformly hijacked Kashmir Hill’s “revenge porn” post which followed mine on ATL to provide me with their usual thoughtful and highly encouraging feedback.
Later, an anonymous 2L tweeted as follows: And @susanmoon has the dubious distinction of being the first @atlblog writer to close off comments. When I joked to the 2L that my feelings get hurt every week, the 2L (taking me seriously, I presume) told me that instead of hiding, I should “rise above it” because even a SCOTUS justice would get flamed on ATL. This invited Brian Tannebaum (an ATL small-firm columnist) and some others to rush to my defense. What ensued was a flurry of debate on Twitter — infused with an abundance of insults — mainly between Brian and the 2L. I’m actually not quite sure why Brian got so involved, as I’m not even sure he likes me (that’s the real reason I cry every week). I think he just likes to pick on poor souls every once in a while (read: several times a day) for his own sadistic pleasure.
In any case, in addition to the entertainment value that the Brian v. 2L debates offered on Twitterverse Legal last weekend, there were definitely some interesting points made on both sides about the value of anonymous feedback….
It seems there is an interesting emerging trend in litigation these days: When a ruling doesn’t go your way, just make an appeal alleging judicial conflict of interest.
Same-sex marriage opponents wanted California judge Vaughn Walker to recuse himself from Prop. 8 hearings because he is gay. If and when the Supreme Court decides to rule on Obama’s healthcare law, some people have called for Clarence Thomas to recuse himself because of his wife’s outspoken work to repeal the act.
And yesterday, an Illinois woman convicted of child battery lost her appeal for a new trial. She appealed on the basis that the judge in her case’s adult children are Facebook friends with her alleged victim’s family….
When Chintan Panchal decided to leave a global BigLaw partnership to start his own firm, he could only hope that he would face the high-quality problem of firm building that many had cautioned him about. Focused on the uncertainty surrounding of a new firm launch, he decided to tackle staffing needs, IT challenges, and financial planning requirements after he had built up his legal practice.
Panchal Associates LLP–a corporate/finance and outside general counsel boutique–was quickly off to a great start. Clients and matters were flying in the door, and Chintan soon had a team of lawyers and staff with a variety of operational needs. To continue building an excellent team and provide them with a competitive benefits package, to expand his physical presence to include a European practice and additional partners, and to scale his operations and IT capabilities to support this growing enterprise brought with it demands of time, money, and expertise. Chintan knew he needed help.
“With the assistance of NexFirm, we have upgraded the capabilities of our firm to meet, and in some cases exceed, the standards we were used to at our former BigLaw firms. Operationally, we can now attract and service clients we didn’t have the bandwidth to support in the past, and continue to build our team with the best and brightest legal talent in the industry,” said Chintan Panchal, adding “It has worked out quite well in our case; NexFirm is an essential partner for us.”
The holiday season is upon us, and yet again, you have no idea what to get for the fickle lawyer in your life. We’re here to help. Even if your bonus check hasn’t arrived yet, any one of the gifts we’ve highlighted here could be a worthy substitute until your employer decides to make it rain.
We’ve got an eclectic selection for you to choose from, so settle in by that stack of documents yet to be reviewed and dig in…
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 six years. You can reach them by email: firstname.lastname@example.org.
We currently have a very exciting and rare type of in-house opening in China at one of the world’s leading internet and social media companies. Our client is looking for an IP Transactional / TMT / Licensing attorney with 2 to 6 years experience. The new hire will be based in Shenzhen or Shanghai. Mandarin is not required (deal documentation will be in English) but is preferred. A solid reason to be in China and a commitment to that market is required of course. This new hire will likely be US qualified (but could also be qualified in UK or other jurisdictions) and with experience and training at a top law firm’s IP transactional / TMT practice and could be currently at a law firm or in-house. Qualified candidates currently Asia based, Europe based or US based will be considered. The new hire’s supervisors in this technology transactions in-house team are very well regarded US trained IP transactional lawyers, with substantial experience at Silicon Valley firms. The culture and atmosphere in this in-house group and the company in general is entrepreneurial, team oriented, and the work is cutting edge, even for a cutting edge industry. The upside of being in an important strategic in-house position in this fast growing and world leading internet company is of the “sky is the limit” variety. Its a very exciting place to be in China for a rising IP transactional lawyer in our opinion, for many reasons beyond the basic info we can share here in this ad / post. This is a special A+ opportunity.
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