It’s the last day of December, so it’s a good time to look back on the year that was. We’ll do what we’ve done for the past three years (wrap-up posts from 2009, 2010, and 2011 can be found here, here, and here) and identify the ten biggest stories of the past year as decided by you, our readers. With the help of Google Analytics, we’ve compiled a list of our top ten posts for 2012, based on traffic (as represented by pageviews).
By the way, for the third year in a row, the most popular category page on Above the Law was Law Schools. People have now been intensely focused on the declining value proposition of going to law school for as long as it takes to earn a Juris Doctor degree. Isn’t it time that we graduate from the current educational model?
The second and third most-popular categories on ATL in 2012 were Biglaw and Bonuses. Although this year brought us the largest law firm failure ever, nearly all other firms indiscriminately doled out offers to summer associates, and bonus season looked better for the first time in years. While the legal profession is still in transition, things are certainly looking up, and through the highs and the lows, we’ve been there to cover it all.
So what were the ten most popular individual posts at Above the Law in 2012? Let’s find out….
The year is quickly drawing to a close, but we have unfinished business to conduct here at Above the Law. Come on, people, we still have to crown our Lawyer of the Year for 2012.
Thank you to everyone who responded to our call for nominations, in the comments or via email. We’ve narrowed down the nominees to a field of nine (although you’ll see only eight options in the poll because one is a joint nomination). As in past years, the contenders run the gamut from distinguished to despicable.
With just two weeks left in the year 2012, we thought that now would be a good time to ask you, our loyal readers, to submit your nominations for Above the Law’s sixth annual LAWYER OF THE YEAR competition.
We’ll be running the show just like we’ve done it in the past: you submit your nominees (in the comments to this post), we’ll review them and pick a slate of finalists, and then you’ll vote on them in a reader poll — and hopefully your efforts won’t be mooted by the coming Mayan Apocalypse.
The winner will receive the glorious and honorific title of Above the Law’s Lawyer of the Year for 2012. Feel the prestige, my friends!
So, what are the criteria for nominations? We’ll break it down for you….
As 2012 draws to a close, marked by bonus announcements and holiday parties, many of our readers are thinking about making career transitions. Departure memos follow bonus checks as naturally as models and bottles follow… bonus checks.
Here at Above the Law, we regularly receive inquiries from people interested in working with us, on either a full-time basis or as guest contributors. While we are thankful for your interest, we are usually not in a position where we are looking (so if you don’t hear back from us in response to your query or pitch, please assume that we’re passing).
But right now we happen to be in hiring mode. Keep reading for information about the two positions we’re hoping to fill….
Sorry guys, but I’m gettin’ out of here. Through the window, of course. Because why not?
So, it feels a bit surreal for me to say this, but today is my last day as an assistant editor at Above the Law. I wrote my first piece for the site, as a freelancer, nearly two years ago, and it’s been quite a ride since then.
I’ve enjoyed working under the watchful eye of the ATL Commentariat, as well as the readers brave enough to send us actual emails. You all have kept me honest, kept my ego in check, and kept my spell-check working hard. I’ll miss you crazed internet goblins.
Last month, a commenter responded to one of my posts with something to the effect of, “I knew your writing would start to suck once you had a kid.”
That statement, I think, will inevitably end up being true. How can anybody possibly be focused at work when they have a newborn at home? I’m writing this post while my three-week-old baby is sleeping in a rocker next to me. That means that I’m, at most, paying about 30 percent attention to what I’m writing. I don’t have a fun Argo reference for you, because instead of seeing the latest movie event of the fall, I spent the weekend trying to lower my diaper changing time. Right now, I’m about as engaged with this post as Obama was engaged in his debate with Mitt Romney.
And my kid is only three weeks old, which means he’s still functionally immobile. What’s going to happen when he’s crawling around? What’s going to happen when my Jamaican nanny — if you have some info on good, “cost-effective” child care, let me know — is calling me to ask if it’s okay if he eats the dog’s treats?
Yeah, I think my job will suffer. And my “job” involves coming online and making law students cry. I don’t have to structure billion-dollar deals or even key-cite an opinion.
So I have to ask all these people who claim they’ve achieved some kind of work/life balance, and that they “have it all” — what the f**k are you talking about?
Since we last mentioned the new Above the Law App, sponsored by WestlawNext, more than 3,500 of you have downloaded it. To everyone else, what the heck are you waiting for? Not many things in life are free, but our app is!
With the new app, you can now check Above the Law from anywhere you want. Trapped in a doc review dungeon? Check the ATL app. Bored at a deposition? Check the ATL app. Have no fear, because now you can spend your days reading the pages of Above the Law from the carefree comfort of your own wireless devices without your employer snooping on you.
Hello. How are you guys? Working hard? Getting ready for the season of bonuses and profit distributions? Realizing that 3L year is just as useless as I’ve always said it was? I hope all is well.
You might have noticed that I was away last week. That’s because at 10:59 p.m. on September 24th, my wife gave birth to a healthy baby boy. Here’s my son, Claudius Elie Charles Mystal:
He’s a Libra, which means he’s supposed to have an affinity for lawyering. Don’t worry, I’ll make sure to crush any law school dreams early on. Actually I’ve already got to start thinking about getting him into preschool. Bloomberg now has people going to school once they’re six weeks old.
Since I’ve got so much stuff to do, I’ll be out a couple more weeks. I’ve already learned that having a newborn is like going to jail in The Wire: you only lose two minutes of sleep, the minute you wake up and the minute before you get back to bed.
Many of our readers get highlights from Above the Law in their inboxes every day. Our ATL Newsletter spotlights our top content from the day, so you’ll never miss the story that everyone is talking about.
But what if you just can’t get enough of our partner-level coverage? From partner issues to partners with issues, from law firm implosions to notable lateral moves, we’ve got lots of content for — and by — partners at leading law firms. So that’s why we’re rolling out another newsletter that’s dedicated entirely to partners.
What are you waiting for? Just click here to receive the latest and greatest news du jour from the world of Biglaw partnerships.
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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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.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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