Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Mansfield J. Park weighs in on whether law students should stay in the game or quit while they’re ahead.
Sorry for the tease, but I want to start with Silicon Valley, then get to the sex change. I promise this will all vaguely make sense, in a “isn’t life complex but interconnected, but not in a vapid Crash kind of way?”
In Silicon Valley, I am told, there’s a saying: Fail fast.
Which really means: Fail fast, succeed faster.
The vast majority of startups there fail, so failing fast gets you on to the next project and, just maybe, closer to success. Your own country or whatever. Success is not inevitable in the startup world, but it’s more likely if you quit a failing venture to move on to something better.
Silicon Valley startup life is pretty different from law school. Law students are not known for their appetite for risk. Still, many of the 50,000 or so new law students could take the “fail fast” advice to heart.
Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Mansfield J. Park advises prospective law students on selecting an online law school.
Which are the very best online law schools?
This is hard question because there isn’t a clear ranking system — U.S. News doesn’t rank online degree programs (neither does Above the Law) — and actual first-hand information is scarce for online law schools. There isn’t much accountability at online law schools.
Let’s take a step back.
No juris doctor program at an online law school, at the moment, is going to give you the kind of career you would have if you attended a national top-tier law school like Harvard, or even a regional powerhouse (like University of Alabama if you live in Alabama).
Indeed, there are not that many online law schools, actually, that permit you to sit for any state’s bar exam. None are, at the moment, ABA-accredited (this is important because if you graduate from a law school with ABA accreditation, you can take the bar exam in any of the 50 states of the U.S.).
There are a lot more programs that offer a masters of law online if you already have a juris doctor.
So, with all of that as a warning, let me pick a couple of the best online law schools if you are dead set on getting an online law degree. Again, below, I consider juris doctor and LL.M. programs separately.
Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Mansfield J. Park gives some practical advice to prospective law students on how to finance their education.
Law school scholarships are the most important way you can fund your painfully expensive legal education. Law school grants are more rare and not much different than scholarships.
Otherwise, you will — as with most law students — fall back on law school loans to fund your education. Be very, very, very careful with this route. Let me say this in all caps and bold so you can hear me:
DO NOT GO TO LAW SCHOOL WITHOUT A CLEAR PLAN TO FUND YOUR EDUCATION!!!
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!
The 2014-2015 law school year is now in full swing. 1Ls are grappling with the strange new world of the Socratic Method and briefing cases. 2Ls are hoping to score some sort of job out of the fall interviewing season. And 3Ls are wondering just what the heck they’re even doing on campus. If, in fact, they are even on campus at all. ATL’s law school experts have designed this challenge to help determine how much you know about the realities of the 3L experience.