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.
Since we last mentioned the new Above the Law App, sponsored by Westlaw, 1,500 of you have downloaded the app. To the other 998,500 of you, what are you waiting for?
So far, we’ve gotten great feedback from partners around Biglaw.* They’ve said things like: “What’s an app?” and “How did you get into my office?”
But the ATL app isn’t just designed for partners who want to know how low they can keep bonuses this Christmas. Regular people can use it too. One third-year law student said, “I showed the app to my interviewer during OCI, and then we swapped stories about how helpful ATL is when we’re procrastinating.”**
* “Partners around Biglaw” may include homeless people within panhandling distance of the Lipstick Building.
** Obviously this quote is made up. The only 3Ls talking to interviewers on campus are the ones in violation of their restraining orders.
We have an app. Above the Law now has an app, exclusively sponsored by Westlaw. Turn up my symphony, turn up my symphony. Let’s drop the app link!
You can take a look at the Above the Law app in the iTunes store here. And if you have an Android, we’ve got an app for that, too.
You can now check Above the Law anywhere you want. On the beach. In the club. On a donkey in Mexico you are riding to get away from the bar exam. Obviously, we just want people to be able to access Above the Law from anywhere they want.
And if this helps you read Above the Law without your employer noticing, so much the better.
Thanks to all of our readers for your continued support.
All across the country, law students and law firms are gearing up for on-campus interviewing. If you are seeking to advance your legal career or trying to figure out where to work, check out Above the Law’s new Career Center, which contains a wealth of resources to help you with your job search.
On Friday, we pointed you to our brand-new ATL Law Firm Directory. The Directory contains ratings for over 70 law firms, based on responses from over 6,000 attorneys. Our individual firm profiles break down the employers using a number of metrics, and based on your surveys we’ve been able to give each of the firms a letter grade (curved around a “B,” which should be familiar to most law grads). The profiles are dynamic, reflecting both publicly available information and user responses, so if you feel like your firm is getting an unwarranted grade, the profile page will lead you right to the survey, where you can tell us what you think.
We’re also interested in hearing about how the summer associate experience has been this year. We invite you to take our summer associate survey.
Our effort to expand the career-related resources for our readers is just getting started. We’ll soon be launching a page dedicated to lawyers in the lateral market, as well as resources for those in other career paths outside of Biglaw. As more people fill out surveys, we’ll be able to construct profiles for more firms. And yes, eventually we will have letter grades for law schools as well as law firms — and that won’t be controversial at all!
The Career Center will grow and evolve over time, and we welcome your suggestions for adding to and improving it. If you have recommendations, questions, or concerns, you can reach the Career Center team by email: email@example.com.
It’s an exciting time here at Above the Law, and we hope you’ll take advantage of these new offerings. In today’s fast-moving and challenging world, information is king — and we want you to have access to all of it.
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 and/or editorial capacity and who wish to join a fast-paced, growing media company. The market experts 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 — a full-time position, with benefits — 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.
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 email@example.com. 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….
With the assistance of Above the Law’s Research Corner, you’ll be able to access white papers from leading legal technology companies. From in-house e-discovery matters, to the latest news on predictive coding, you’ll be able to find solutions for all of your technological problems just by signing up.
We’ve recently added some new topics to our collection in the Research Corner, including:
Datacert: Customer Success Story – Walmart
Dell DX & Symantec Solution Brief: Store, Manage, and Discover Critical Business Information with a Complete Archiving Solution
FTI Consulting: Advice from Counsel 2011: An Inside Look at Streamlining E-Discovery Programs
Guidance Software: Choosing the Right In-House Electronic Discovery Solution for Your Organization
Mitratech: Technology Platform for Legal Department
Nuix: A Step-by-Step Guide to Early Case Assessment (ECA)
Recommind: Predictive Coding: The Next Phase of Electronic Discovery Process Automation
TCDI: Concept Technology for Streamlining Document Review
What are you waiting for? Sign up for the Research Corner today by clicking here.
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
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: