The attrition rate in Biglaw is legendary. Since the recession hit, associates are less likely to voluntarily abandon a six-figure job and more often believe that you don’t get up and go until they throw you out the door. On the other hand, since the recession hit, associates are less likely to have any choice in the matter should their firm feel the need to reduce headcount. But especially during the boom years when I began practicing, associates frequently left their firm gigs to do all manner of things, from going in-house, to starting a private practice, to hiking across the country, or moving to Nepal.
I worked in large and medium-sized firms for nearly a decade, and during my tenure, I saw an awful lot of associates come and go. Rarely if ever was I surprised to hear the news. In fact, I was usually surprised that others were surprised. In my experience, there are certain tell-tale signs that an associate is crafting a farewell email….
It’s time for your daily dose of Dewey & LeBoeuf news. There’s a lot to cover, including updates about incoming associates, overseas offices, and contingency planning.
Word on the street is that Dewey is deferring incoming associates to January 2013. We reached out to the firm for comment, and they haven’t gotten back to us yet. But it seems logical for the firm to defer associates to early 2013, given how the situation at D&L remains in flux. By next year, Dewey will have a better sense of its ultimate size and its long-term associate needs.
Of course, incoming associates at Dewey might want to make some backup plans. Which brings us to the other D&L news….
Time conflicts are an unavoidable part of litigation. Scheduling and re-rescheduling trials and court hearings — it’s simply part of the litigation process. It’s a pain, but most of the time, an attorney shouldn’t get too much flak for a legitimate scheduling conflict.
But this week, one Bay Area criminal defense lawyer has gotten caught between a rock and two murder trials. A local judge was unhappy when he missed a hearing for one murder case because he was in court for another murder case of in another county. Now he’s facing contempt charges and jail time.
This is just another reason why we really should be investing more in teleportation technology….
Apparently I’m the crazy one here. None of my co-editors think it’s that cool or surprising that a law firm would take a company trip to the shooting range. Maybe it’s because I live in the Bay Area, and the only guns near me are the ones with which gangsters shoot each other.
It’s not like we’ve never mentioned attorneys who know their way around firearms before. We’ve covered the judge who reported pulled his piece in court, and the Supreme Court justices who went hunting together. But this is the first instance we’ve seen of any sort of institutional embrace of fun times with weapons.
Regardless, this New York-based boutique firm is taking the coolest field trip ever. And they aren’t just going to any shooting range, or shooting wimpy little .22′s…
This week, the ITC ruled in favor of Louis Vuitton Malletier in an effort to protect the luxury goods company from a “large-scale international counterfeiting and infringing enterprise” that was reportedly run by Jianyong Zheng and Alice Bei Wang. The pair had allegedly imported, sold, and profited from faux replicas of the fashion house’s iconic toile monogram.
What does this ruling mean for Louis Vuitton, and what kind of remedy will be issued?
Oopsie, it’s been quite a while since we last discussed law-related vanity license plates. We haven’t updated the series in a while, but that doesn’t mean we’re not looking for more photos. So if you’re a fan of our Law License Plates posts, please send some in via email (subject line: “Vanity License Plate”).
Today, we’ll be writing about lawyers who really, really love their law schools. Because hey, let’s face it, with six figures of student loan debt, these educational institutions basically own you. Why not brand your car with your law school’s name and let the world know who you’re enslaved to?
But loan debt and all, we really thought that graduates of the so-called “T14″ could afford to drive nicer cars….
Under extreme pressure from all quarters — well, my wife thought it was a good idea, anyway — I’ve committed to publish a compendium of “Inside Straight” columns in the form of a book. ABA Publishing tells me that, in June, you’ll be able to hold in your hands Inside Straight: [followed by a clever subtitle]! (This obviously remains a work in progress.)
I have two items of good news about the forthcoming book and two requests for your help. First, the good news: The book will not simply be about me; it will also be about you! In addition to reproducing a collection of my columns, the book will include assorted “comments” that you, my readers, have appended to my posts. The book will thus answer many of your burning questions: Do I read the comments? Will I reproduce in the book the nastiest of the comments? (That raises the obvious derivative issue: Am I a self-loathing lunatic?) When I choose which comments to publish in the book, will “Bonobo Bro” make the cut? Will “Concerned Pastafarian”? Find out the answers to those questions — and more! — in Inside Straight: The Book!
The other good news is that David Lat has agreed to contribute a foreword to the book. Whatever you think of the quality of my writing, you know that Lat can write. The foreword alone is worth the entire price of the book!
So much for the good news; now, the requests for your help . . .
This is Elie Mystal, coming to you live from Austin, Texas, and the 2012 conference of the National Association of Law Placement. It’s my favorite annual conference, because every year, NALP just gets all the law school career services officers and all the law firm recruiters in a room, and tells them all the trends in legal hiring. We’re not talking about anecdotal evidence or law firm spin. It’s the one time each year we get to look at some hard numbers.
And in case you live under a rock, let me tell that every year since the recession, the numbers get more and more terrible. Looking at some of these statistics is as close as you can come to physically witnessing a dream die a horrible, mangled death.
This year, the numbers are worse than ever! And that’s the good news. NALP’s Executive Director, Jim Leipold, thinks that we’ve probably “hit the bottom” in terms of new associate hiring, with the class of 2011 suffering the absolute nadir of this process. While he doesn’t know if things will get significantly better any time soon, he figures they pretty much can’t get any worse.
* Judge Jessica Recksiedler has disqualified herself from overseeing George Zimmerman’s murder trial. Stepping up to fill in as ringmaster for this media circus is Judge Kenneth R. Lester Jr. [Washington Post]
* Oh joy, new fee hikes associated with law school! Administrations of the LSAT are going down, down, down, so of course the price to take the test no one wants to take anymore is going up, up, up. [National Law Journal]
* Trying to win at all costs has its consequences. Just ask the New Orleans prosecutors who are now facing bar complaints for allegedly railroading defendants into harsh convictions. [Slate Magazine]
* Hopefully this lawsuit’s descriptions of the rotten chicken that was allegedly served to customers are enough to make you never eat at Kentucky Fried Salmonella again. [Huffington Post]
* “Housekeeping, you want me jerk you off?” Ex-MLB player and housekeeper aficionado Lenny Dykstra was sentenced to 270 days in jail after a conviction for lewd conduct and assault. [Bloomberg]
* Instead of gold, everything Charlie Sheen touches turns into a lawsuit. The producer for his FX comeback series, “Anger Management,” has been sued by another show producer for $50M. [New York Daily News]
* G’day, mates! This just in: if you’re on a business trip down under, you’re entitled to workers’ compensation for any sexual injuries that may occur “during the course of employment.” [Daily Telegraph]
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.