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As we continue to expand our coverage of law firm partners and in-house counsel here at Above the Law, we are looking for talented individuals who have experience with these constituencies in a marketing capacity and who wish to join a fast-paced, growing media company. The marketing managers will work closely with the ATL editorial, research, and business teams to develop new products and services targeting in-house lawyers and partners at large law firms.
If you are interested, please send your résumé and a cover letter explaining how you are perfect for this job to firstname.lastname@example.org. We welcome your ideas on how we can engage with these audiences even more, and we look forward to hearing from you.
Ed. note: A sizable chunk of the Above the Law readership consists of partners at large law firms. Please welcome our newest writer, Anonymous Partner, who will write a candid column speaking to this demographic.
It’s about time. Time for someone like me to offer some perspective on what being a partner is, can, and should be all about. Time to leverage Above the Law’s bully pulpit to give a voice to current and future senior-level legal industry players (in addition to the valuable but inherently distanced insights of former partners, consultants, and law professors). Where a managing partner, or a general counsel, or even a newly-minted partner can let me, and by extension you, know what is really going on in this centaur-like hybrid of a business/profession. Where we can discuss what works, what is broken, and whether buying in to Biglaw is something to celebrate or to pity.
Now, Biglaw has signed all my paychecks, and it is where I have cast my lot until now, so Biglaw is what this column will discuss. And because my name does not stare back at me in gold-plated glory when I step off the elevator in the morning, this column will have to be anonymous, at least for the initial stages. Being anonymous will allow me to be as candid as possible when sharing my thoughts with you.
That said, you deserve to know at least a little about me….
This is my first column for Above the Law on the Supreme Court. In an effort to help me generate effective linkbait, the Supreme Court issued an opinion yesterday at the intersection of bankruptcy and tax law for farmers — Hall v. United States.
Basically, Hall means that, if you’re a farmer and you declare bankruptcy on your farm under Chapter 12 (“the one just for farmers”), and, while in bankruptcy, you sell your farm, you will still have to pay capital gains tax on the sale of your farm — any liability to the IRS is not dischargeable.
Perhaps the most exciting part of the opinion is that Ninth Circuit was affirmed. Though, in fairness, the Ninth Circuit opinion was written by Judge O’Scannlain, so it’s not as though the Supreme Court affirmed Judge Reinhardt.
Also, farmers who are in bankruptcy and sell their farms now have to pay tax on the profits from those sales. I’m sure much of the Midwest is rioting in response.
For those who practice tax law, bankruptcy, or farming law, you will definitely want to read the opinion and some of the write-ups on it.
But the most exciting part of the morning involved new members of the Supreme Court bar….
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When I was a kid, I thought only white people had to worry about being thirty-something.
I’m back. I got sick, again, with pretty much the same kind of acute sinus infection as I had the last time. It’s the second time in six months some stupid illness has completely floored me by making it hard to see and think — I definitely need at least one of those faculties to do my job.
Last time, when I got back, I was just happy to be alive and looking for somebody to blame. This time, I’m depressed. It’s probably because I was sitting the doctor’s office, and I was whining and in incredible pain and petulantly demanding answers as to why I’m having all these health problems and the guy says to me: “Well, you are getting old.”
I’m not the only one. And it occurs to me that, once again, I’m in much better shape for this new phase of consequences than I would be if I was still at a Biglaw firm. Because while I need to refine and hone my skills in my mid and late thirties, associates at top law firms need to gun it. They need to take their suddenly aging bodies and turn every morsel of ATP into billable hours if they want to make partner. And they need to do it now….
Ed. note: Due to the Presidents’ Day holiday, we will be on a reduced publication schedule today. We will still be publishing, but less frequently than usual.
* “Based on history, it’s tough to make the case that there should be mandatory protection [for Supreme Court justices].” That may be so, but the fact that Justice Stephen Breyer was robbed by machete point should at least make the case for SCOTUS sword fighting lessons. [New York Times]
* And speaking of the Supreme Court, this week the justices will hear arguments over the constitutionality of the Stolen Valor Act, which criminalizes lies about military service. Unfortunately, this means you will all have to wait to hear about the time Lat and I fought through 25 Taliban sharpshooters with only our pocket knives in order to save an entire orphanage from certain annihilation. [Fox News]
* Two female students at the University of Oregon School of Law accused a male student of drugging and raping them. How did the student body respond? A listserv flame war, of course. [Portland Oregonian]
* Attorneys representing survivors in the Costa Concordia crash claim that traces of cocaine were found in the hair of the ship’s captain. I’m not sure how, but this needs to be the basis for a Head and Shoulders commercial. [Philadelphia Inquirer]
As you might have noticed, Above the Law has gotten a little face-lift. We’ve been expanding our offerings over the past couple of months. We’ve added new full-time writers, and started new columns. With those changes, we’ve been bringing in a record number of readers who are interested in our diverse content. It was time to put the site under the knife, and get some Botox and a new smile up in here.
The new format will allow us to feature a main story we think most of you will want to see, while still scrolling through the real time news and opinions just to the right. We think this format will give our readers an overview of the content that is both relevant and new with just a quick glance.
Of course, if you like to get Above the Law just like you always have, you still can. If you like scrolling through ATL… just scroll down a little.
The changes on the website aren’t the only things that are happening here at Above the Law. With the proliferation of smart phones and tablets in the legal community, there are now more ways than ever to access ATL content beyond our website on your desktop browser. All ATL stories are available on the Flipboard, Google Currents, and Pulse readers, and we will be launching on more mobile readers shortly. If you have not yet accessed Above the Law through any of these readers, we encourage you to download the readers in the Apple App Store or Android Marketplace to access mobile ATL content.
Starting today, we will be changing our feeds so that you will receive an overview of each Above the Law story via the mobile readers listed above, or any RSS reader. You will then be able to link to the full story on AbovetheLaw.com, where you can interact with other readers through our comments, and access all of our current and archived articles for free. With so many options to view ATL content, we want to make sure you have access to breaking news and insights throughout the day in the way that suits you best; in fact, if you call right now, we’ll throw in a free set of steak knives.
Just kidding. The knives only come out in the comments. We of course want you to continue to come to AbovetheLaw.com directly to participate in the community and give us feedback on the stories that interest you.
Good times. We want to thank all of our readers for making 2011 the most successful year for Above the Law ever. We’ll try to do even better in 2012.
In my contribution, I offer a measured defense of unpaid internships — of the non-abusive variety, in which the intern receives a valuable learning experience (and doesn’t just do scut work) — and also a defense of the status quo (under which most unpaid internships are technically illegal, but enforcement isn’t super-vigorous). You can read my NYT piece here (or on page 9 of yesterday’s Sunday Review section, if you’re a print person). You can also read a piece by Camille Olson, a labor and employment partner at Seyfarth Shaw, over here (focusing on the legal aspects of unpaid internships, and offering general guidelines to companies considering them).
Speaking of interns, Above the Law is looking for one — a paid intern, for the record. Details appear below, along with general information about our hiring needs, and our policy on guest posts or outside contributions….
Professor Joel P. Trachtman (JD Harvard Law School) has developed a unique, practical guide to help lawyers analyze, argue, and write effectively.
The Tools of Argument: How the Best Lawyers Think, Argue, and Win is a highly readable 200-page book, available for about $10 in paperback or e-book. Chapters focus on foundational principles in legal argument: procedure, interpretation of contracts and statutes, use of evidence, and more. The material covered is taught only implicitly in law school. Yet, when up-and-coming attorneys master these straightforward tools, they will think and argue like the best lawyers.
For most attorneys, time spent managing the books is a necessary evil at best. Yet it is undeniably a crucial aspect of running a successful practice. With that in mind, we invite you to view or download a free webinar by Above the Law and our friends at Clio to learn how to better manage your finances.
Take this opportunity to learn what it takes to streamline your accounting and get the most out of your time. The webinar agenda:
● The basics of accounting for lawyers.
● How legal accounting differs from regular accounting.
● Report and reconciliation issues surrounding trust accounts.
● How to pick and integrate the best accounting tools for your practice.
● Steps to prepare your tax return for your firm’s income.
Do not miss this crucial chance to optimize your accounting practices. Save time and get back to billing!
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: email@example.com.
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!