Many moons ago, around this time of year, I worked as a summer associate at Wachtell Lipton. I enjoyed many a fine meal that summer (although Wachtell’s program is more work-focused and less lunch-focused than many others). One of my favorite occasions was a dinner at Jean-Georges with partner Karen Krueger, her husband, myself, and a girlfriend of mine.
Oh how times have changed. It’s rare to see partners leave the gilded cage of Wachtell Lipton, where annual profits per partner regularly exceed $4 million. But Krueger had the guts to make the jump. She left the practice of law and now works as a nationally certified teacher of the Alexander Technique.
What is the Alexander Technique? If you suffer from pain, perhaps as a result of your stressful law firm job, it could be your salvation. And it might help you with your poker game, too….
Chaos is a ladder. And right now, the legal education business is chaotic. Prospective law students are starting to wise up to the law school game. Applications have been dropping as law schools struggle to explain how it makes sense to go deep into debt just to participate in a very challenging job market. It’s very likely that the smarter people with good options are avoiding law school, leaving many law schools competing for a less intelligent crop of students. And still, more law schools are coming.
I don’t know if some law schools will fail, but I do know that some law students will be taken advantage of. But some law schools will also “win.” Some will come out of this “crisis” stronger and better off than before. Bloomberg Law crunched some numbers and has come up with some interesting stats on which law schools are gaining strength through the crisis, and which ones are grasping at straws…
When was the last long trip you took? For many of you, especially those of you who work at law firms, it might have been you post-bar-exam trip or your honeymoon. But it was probably a really long time ago.
How would you like to go on a trip that never ends? How would you like to leave your office behind and visit different countries, learning about different cultures and expressing yourself along the way?
If you have a camera and a laptop, you might be able to turn this dream into a reality….
It’s just nice clothing. There’s nothing to be afraid of.
Are you afraid of fashion? You’re not alone.
Many male lawyers would rather not deal with picking clothes. These attorneys can negotiate billion-dollar deals or address juries without fear, but the concept of “business casual” fills them with terror.
If you count yourself among the fashion-impaired — or if you see yourself as stylish, but in need of a wardrobe expansion — here are two lawyers who can help….
The West Wing, one of television’s most celebrated dramas, ended its run six years ago this month. But in the hearts of many lawyers, the West Wing lives on, as the stuff of dreams.
Working in the West Wing of the White House — in proximity to the President of the United States, on the most important issues of the day — is why many people go to law school. [FN1] But the vast majority of them never come close to making that dream a reality.
How can you land a job in the West Wing? Here’s the story of how one lawyer did it. And she didn’t even have to toil that long in the Biglaw salt mine….
* NY Attorney General investigating fast food restaurants for shorting their employees. This is a worthwhile cause, but what he should be looking into is who ate the bones? [CNN]
* Two schools, University of Mary Hardin-Baylor and York College of Pennsylvania admit they gave false information to U.S. News resulting in better rankings. Those were their BETTER rankings? [TaxProf Blog]
* To keep “misleading statistics” in perspective, the Department of Education leveled one of its steepest fines on Yale for covering up multiple “forcible sex offenses” to keep its campus safety statistics down. [Chronicle of Higher Education]
* A measure of resource governance finds the U.S. has the second best governance of its oil, gas and mining sectors. Give yourself a hand regulators. And we’re gunning for you Norway! [Breaking Energy]
* The Honorable Felicia Mennin does not grasp how time works. Thinks artist should have been more conscious of the public fear surrounding the Boston bombings… back in February. [New York Times]
* Congratulations readers for helping the profile of a White House petition to reform student loan policy. Here are a couple more if you feel like making more reforms to the process… or at least more suggestions for reforms that will sit on someone’s desk. [Whitehouse.gov and Whitehouse.gov]
* Is political intelligence practice too risky? Is political intelligence an oxymoron? An interview with Robert Walker of Wiley Rein LLP after the jump [Bloomberg Law]
A fair number of lawyers or law school graduates work in creative fields. Over the years, “recovering lawyers” have worked as writers, actors, and even painters (such as Henri Matisse and Wassily Kandinsky).
But you won’t find many lawyers who are rock stars — and I’m not talking about tax or securities law “rock stars,” but actual, literal rock stars. The free-association creativity needed to make music goes against the inside-the-box thinking prized in the legal profession. Music also involves math, and we all know that lawyers — even lawyers for the IRS — are “not good at math.”
There are, however, exceptions to every rule. A few folks with legal training have entered the music world — including Julio Iglesias, Rubén Blades, and today’s “stealth lawyer,” an attorney turned rock star….
Over the years, I’ve met a fair number of ministers who have become lawyers and lawyers who have become ministers. Maybe this shouldn’t be surprising, given the commonalities between law and organized religion. Both fields are built around rules, give great weight to precedents and higher authorities, involve age-old institutions, and are generally dominated by men.
So maybe it’s not shocking to hear about someone who went from being a Biglaw partner to a minister and university chaplain. But it’s still quite interesting and unusual.
Let’s learn how one lawyer went from working for The Man to working for The Man — Upstairs….
Friendly reminder: Mother’s Day is this Sunday. If you haven’t done so already, you should buy your cards or gifts — and make your brunch reservations — NOW.
In honor of this occasion, we bring you an interview with a working mother whose professional journey is nothing short of remarkable. She went from working as a law firm switchboard operator to becoming the first woman partner of Cravath, Swaine & Moore….
Earlier this week, President Barack Obama reiterated his interest in shutting down the prison at Guantanamo Bay: “I’ve asked my team to review everything that’s currently being done in Guantanamo, everything that we can do administratively, and I’m going to reengage with Congress to try to make the case that this is not in the best interests of the American people.”
President Obama isn’t alone in being troubled by goings-on at Guantanamo. This morning I attended an interesting panel discussion where a retired admiral, the former Judge Advocate General of the Navy, spoke out in favor of closing Gitmo….
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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