Last week, we looked at which Biglaw firms were the highest rated in 2013 by their own lawyers, according to the ATL Insider Survey. As we noted, we’ve amassed in excess of 15,500 responses to our survey from practicing lawyers and law students. The information from our survey provides our readers with a deep resource for comparing and evaluating schools and firms, particularly in the form of our Law Firm and Law School Directories.
Today, we continue to milk the “it’s a New Year/here’s a list” format and present 2013’s highest-rated law schools. Please note this is not to be confused with the ATL Law School Rankings, which assess schools based on a range of employment outcomes (and which are coming out later this year). These ratings are a pure function of how schools were rated by current students in the areas of academics, financial aid advising, career services, practical/clinical training, and social life.
More clues that these are not the ATL Law School Rankings: Northeastern beats Northwestern, while Yale and Harvard do not even make the cut…
Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Sunny Choi of Ms. JD suggests five New Year’s Resolutions for every associate’s wallet.
Being financially conscious requires a disciplined mind and willpower similar to what you would need to succeed at losing weight. You’re not going to lose those 10 pounds by carving out an exception, for say, your daily caramel latte from Starbucks. No ifs, ands. or buts when it comes to meeting financial goals. If you’re ready for the challenge, here are some ideas for New Year’s resolutions that you can tailor to your personal financial needs.
1. Aim for quarterly progress in paying down your law school loans.
In the two years that we’ve been conducting our ATL Insider Survey, we’ve amassed in excess of 15,500 responses from practicing lawyers and law students. These results have provided us with unique insights into what people really think about their employers and schools. We believe our survey information furnishes our readers with a deep resource for comparing and evaluating these organizations, whether in the form of our Law Firm and Law School Directories, or in posts that take a deeper look at such factors as practice area, compensation, or geographic location. Many thanks to those thousands of readers who have shared their experiences.
Obviously, one subject that the ATL readership is passionate about is the world of Biglaw. Whether it’s to assess a potential employer, or to simply see how one’s firm compares to its peers, apparently there’s no end to the appetite for insider information. So as this year winds down, we’ll end on a happy note and have a look at which Biglaw firms are rated most highly by their own employees…
Ed. note: This post is written by Adam Gropper, author of Making Partner: The Essential Guide to Negotiating the Law School Path and Beyond, a recent release by the American Bar Association. Making Partner provides guidance for maximizing performance while in law school, securing the dream law firm job, excelling as an associate, and moving on the fast track to making partner. Adam Gropper is also the founder of www.LegalJob.com, a blog that provides practical advice for current law school students and law firm associates.
Other than attending a top ten law school and being in the top ten percent of your class, there is not just one way or one big secret to obtaining a dream legal job. Many people, for example, especially top law students, just fall into their practice area, and are doing what they are doing by accident. Accordingly, for this group, focus and planning ahead are not as crucial.
This post speaks to all others who are not quite sure what they will do when they graduate law school and are interested in planning ahead. For these folks, it may be helpful to have a practical plan with specific, mechanical steps.
Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Alison Monahan looks at the pros and cons of joining a study group.
If you’re in law school, you’re eventually going to have a really bad exam experience.
I’m not talking about the normal “this is pretty un-fun” experience that is every exam — but one of those really horrible, terrible, awful exams. Maybe you studied all the wrong topics, or the proctor gave out the wrong questions (happens), or you got sick, or had a meltdown, or didn’t sleep the night before, or overslept, or whatever.
But you’re eventually going to walk out going, “WTF just happened?!?”
If this is your final exam, so be it. You can wallow for the entire Winter Break if you like.
But what if you’ve got other exams to get ready for? You don’t have the luxury of wallowing, so here are a few tips to help you recover from a terrible exam experience and get ready to study again.
Attorneys have a strongly-held belief that if we are getting behind and we need to get caught up, we must work faster, do more things at once, work into the night, skip the gym, eat lunch at our desks, and (once again) miss dinner with the family. In the old paradigm, we focus on time — how much time we have, how much time we spend, how much we can get done in a particular amount of time. We try to “squeeze things in.” We work faster, more, and harder. Yet we still feel behind.
Ed note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Kate Neville, founder of Neville Career Consulting, offers helpful tips for law school graduates who would like to expand their career options.
The year 2009 is well known within the legal industry as the year there were more attorneys laid off than in all of the previous years combined. It is also the year that the number of people who took the LSAT exam reached a record high. Though law school applications have since dropped precipitously, that dichotomy remains a problem. There continue to be more licensed attorneys than there are legal jobs available in the current economy.
In an era when “disruption” is celebrated, the world of large law firms is one of the last redoubts of conventional wisdom. For a uniquely rule- and precedent-bound profession, this makes sense. Biglaw’s conventional wisdom has the added virtue of being reliable. For example, we can count on Cravath taking the lead — at least chronologically — on bonuses, and for DLA Piper to have the most random Third developing-world offices.
Another reflection of conventional wisdom is the way in which Biglaw lends itself to — and revels in — superlatives and rankings. There tends to be a generally acknowledged and perennially dominant player (or a few) in most practice areas: Wachtell Lipton for M&A, Weil Gotshal for Chapter 11 work, Patton Boggs for lobbying, and so forth. There’s no doubt that many worthy firms get overlooked.
Last year we took a look at which firms’ practice groups were considered “underrated” by peers in the field. Among the notable 2012 nominees: Cahill for corporate law, Arnold & Porter in litigation, and Proskauer for its bankruptcy and tax practices.
We wondered whether the same practice groups were still considered by practitioners to be unfairly underrated. Or are there other firms deserving more recognition?
Ed. note: This is another installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Casey Berman, founder of Leave Law Behind, a blog and community that focuses on helping unhappy attorneys leave the law, discusses the truth behind the phrase “you can do anything with a law degree” and lists nine real-life, non-legal jobs that are in fairly good alignment with an attorney’s skill set and can realistically be a stepping stone for a lawyer to leave the law behind.
Many of us unhappy attorneys are tired, exhausted, and frustrated with the practice of law. We are confused as to how, after all of the work we did in law school, all of the loans we took out, all of the hard work we did as an associate attorney, we now sit three, five, eight, 12 or more years in and wonder, “I’m not happy. How did this happen?”
So, we decide, yes, we want to leave the law behind and do something else. We want to find another job that pays well, that provides us with meaning and self-worth. And we are encouraged by that oft repeated advice, “You can do anything with a law degree.”
And so we begin to think of other things to do, anything. But soon, this optimistic phrase that is supposed to encourage us can actually begin to stress us out.
Ed note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Ann K. Levine, a law school admission consultant and owner of LawSchoolExpert.com, offers helpful tips for law school applicants.
Last week, I had the pleasure of speaking to a group of pre-law students at UC Berkeley with Matt Sherman of ManhattanLSAT.com.
Because I knew this would be a sophisticated group of students, I put together remarks which I hoped would be new information to them and not standard “law school application tips” available on every forum and blog post. I even came up with some new catch phrases (or at least, we’ll see if they “catch”), and I hope they will be helpful as you decide how to strategize your law school admission game plan.
I took the five major pieces of your law school application package and offered tips and insights. Here are the highlights.
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: firstname.lastname@example.org.
Things have changed recently in Korea – a few of our US and UK client firms are looking, very selectively, for a lateral US associate hire. Until just recently, there was not much hiring like this going on in Korea, since US and UK firms started opening offices there. We have already placed two US associates in Korea in the past month at top firms. Most of the hiring partners we work with in Korea do not actively work with other recruiters.
If you are a Korean fluent US associate in London, New York or another major US market, 2nd to 6th year, at a top 20 firm, with cap markets or M&A focus (or mix), or project finance background, and you are interested in lateraling to Korea to a top US or UK firm, please feel free to reach out to us at email@example.com or firstname.lastname@example.org. Our head of Asia, Evan Jowers, was just in Korea recently, and Evan and Robert Kinney will be in Korea in a few weeks. We are in the process of helping several firms open new offices in Korea (a number of which are interviewing our partner level candidates) and also helping existing offices there fill openings.
Professor Joel P. Trachtman 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!