As was vividly demonstrated by our recent infographic, Biglaw’s summer associate classes have undergone a major and seemingly permanent contraction. For the most part, large — arguably bloated — summer associate classes are a thing of the past. Among the Am Law 50, only eight firms are bucking this downward trend, with actual increases in the size of their summer classes since 2007. These firms are a collection of Wall Street’s oldest and most elite white shoe mainstays: Sullivan & Cromwell, Cravath, Davis Polk, and their ilk. On average, these firms were founded 112 years ago (i.e., during the McKinley Administration). The outlier here is the relative upstart litigation powerhouse Quinn Emanuel, founded only back in 1987.
Besides the durability and strength that comes with such a refined pedigree, what other trends are apparent in this great downsizing of Biglaw’s summer associate classes?
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 shares some practical advice for new law students.
There’s a ton of (virtual) ink being spilled these days over what to do as a new law student. Everything from “buy all your books and read ahead” to “hire a tutor to explain the Rule Against Perpetuities.” (I only wish I was making that last one up. For the record, don’t do it.)
Since I don’t like to be boring, here are a few less obvious things you can do, to make your life easier and better later on. Trust me, I learned most of these the hard way!
1. Set up automated backups on your laptop. Seriously, if you only do one thing before law school starts, do this. Have you ever lost years of work in a hard drive crash? It’s a nightmare. Imagine you’re a week from exams, and your computer dies, taking EVERYTHING you worked on all semester with it. DO NOT let this happen to you. Go to Dropbox right now, and sign up for the free version. Make a folder called “Law School” and add it to your Dropbox. Save every file you create in law school there. Presto, problem solved. You can thank me later. (I don’t care if you use Dropbox, but it is really easy. Use whatever you like, but do something. I’m paranoid enough now that I back up to Dropbox and to an external hard drive, but that’s probably overkill.)
Washington, D.C. has the most densely concentrated population of lawyers in the nation. The capital has an astounding 1,356 percent more lawyers per capita than New York. One in 12 District residents is an attorney. The nation’s capital is home to just one-fifth of one percent of the national population but accounts for one in every 25 of its lawyers. Could there be some correlation between this total saturation of D.C. with J.D.s and the seeming contempt that the rest of the country holds for the place? Washington’s negative perception problem is such that Slate’s political gabfest felt compelled to devote this week’s podcast to explore the proposition “Washington Is Really Not That Bad.” Examples of this not-badness included the fact that people don’t have to bribe officials to get their social security benefits. So it was kind of a low bar.
In any event, D.C.’s lawyers work in myriad capacities in Congress, government regulatory agencies, non-profits, and lobbying firms. But obviously Washington is very much a Biglaw town as well. The frustration and malaise brought on by the sequester and partisan gridlock seem to be affecting the business of Biglaw. As Lat noted yesterday, large firms there are struggling: revenue, demand and productivity are all lagging at D.C.-based law firms when compared to firms nationwide. So this might not be the ideal time to check in on how lawyers at large D.C.-based firms perceive their professional experiences. But we’ll do it anyway.
Our ATL Insider Survey (13,500+ responses and counting) asks attorneys at firms to evaluate their employers in terms of compensation, hours, training, morale, and culture. After the jump, we’ll look at how firms in Washington stack up in these categories — and how they compare to the national averages…
Today, we turn toward Texas. Texas is beloved here at ATL as an apparently bottomless source of colorful legal news. The state is a frequent battleground for high profileconstitutional fights while also generating a steady stream of tabloid fodder, from “judges behaving badly” to “tragic homicidal mayhem.” (Of course, there’s also the running joke among the ATL commentariat that, for what a New York Biglaw associate pays for his cramped studio apartment, one can buy a 3,500-square-foot wife house in Texas.)
But of course this is a limited, distorted view of the legal industry in Texas. Texas is a huge, diverse state with a relatively strong economy and a unique legal culture. Biglaw firms thrive in all three major cities, both local outposts of national firms, or more significantly, Texas-bred firms such as Baker Botts and Vinson & Elkins. Our ATL Insider Survey (13,000+ responses and going strong, thanks), asks attorneys at firms to evaluate their employers in terms of compensation, hours, training, morale, and culture. After the jump, we’ll look at how firms in Texas stack up in these categories — and how they compare to the national averages…
Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Kristina Tsamis shares some career advice for JD/MBAs from a panel discussion hosted by Duke Law in conjunction with other peer law schools.
We spend a lot of time discussing the dismal employment outcomes for JD grads. Things aren’t so rosy for MBA graduates either. To talk about a dual JD/MBA degree in this context seems like a double fail — a one-two punch of more work and potentially more debt in exchange for the same sad outcome.
Enter the panelists of How to Use the JD/MBA Degree in Business and Entrepreneurship: all JD/MBA graduates who touted the usefulness of a dual degree during a discussion hosted by Duke Law in conjunction with other peer law schools. The panelists centered their advice on four main areas: what to focus on while pursuing the dual degree, how to select a good mentor, how to interview well, and how to stop being risk-averse.
1. Maintain the Right Focus as a JD/MBA student
That class in early English case law will leave you painfully ill-equipped for the modern practice of law. But there are some courses you should be paying attention to, both on the JD and MBA side.
Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Sarah Powell helps new associates face their own unrealistic expectations about life in Biglaw.
“I’m not in this world to live up to your expectations and you’re not in this world to live up to mine.” — Bruce Lee
If you read Above the Law, you know that law school, the legal profession, and Biglaw especially are not like the movies, not like the grand old days, and certainly not like partners pitch it to you at on-campus interviews. Still, a main source of junior associate misery is false expectations. Some examples…
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 interviews a fifth-year associate at a Biglaw firm who has some advice for summer associates.
If this is your 2L summer at a Biglaw firm, then you’re probably reveling in a copious number of three-hour lunches and nightly open bars, courtesy of the firm’s unofficial summer wallet. However, as a summer associate, this is also your time to make a lasting impression on the firm where you’ll most likely settle down for the next several years of your legal career.
I’ve conducted an unofficial interview with “Lady G,” a fifth-year associate at a certain Biglaw firm in Manhattan. She has kindly offered tips on how to be a stellar summer associate, based on her experience serving as an assignment coordinator for the summer associate program and working with summers in general.
How big is the summer associate program at your firm?
Pretty big, I would say 100+ associates divided into six teams. Each summer gets matched with an associate mentor and a partner mentor.
Could you describe your role as an assignment coordinator for your firm’s 2011 program?
Companies like Google, Microsoft, and Facebook have hired thousands of employees over the last decade by relying on brain teasers such as “Why are manhole covers round?” and “How would you weigh your head?” One psychology professor concluded last year that this sort of “puzzle interview is being used with greater frequency by employers in a variety of industries.” Earlier this week, however, a top human resources executive at Google reported that his company had scrapped the practice, offering the following admission: “brainteasers are a complete waste of time.” Google realized that its tests failed to identify the traits that correlate with success. For instance, Google now seeks managers who are “consistent and fair,” even if they aren’t good at estimating how many golf balls can fit inside a school bus.
Law firms are overdue for a similar reassessment of how they select junior associates. And as a corollary, law students should pay attention to the skills that law firms ask them about.
Let’s start with the employers. Several years ago, I organized a focus group of partners from top-10 Vault firms. I wanted to learn which skills Yale Law should emphasize as we continue to modernize the way that we train our students. The partners (including two corporate attorneys) all said that legal writing was the most important skill for junior associates.
The simplest way to know how candidates write, of course, is to evaluate their writing….
I’m trying to imagine what I would have done if a summer had approached me at a firm event and said, as suggested: “I’m working on an IP matter with Joe. Your IP practice was one of the reasons I chose the firm, and I am researching an interesting X issue.”
UPDATE: Based on reader feedback, we’ve added information for Pieper Bar Review and Marino Bar Review.
Congratulations 3Ls! The grind of law school exams is over, or soon will be. Now you get to study for the bar exam — which, for some reason, law school didn’t really prepare you for.
Most newly minted J.D.s will be heading straight from law school classes into bar exam prep classes. We assume you all have been pitched all year by bar prep companies touting their costs, features, and success rates. With everyone claiming to have the secret to passing the bar exam, how to choose?
Since the last time we visited this question, bar exam prep courses have proliferated, offering a range of prices, technological formats, and philosophies.
As we here at ATL are all about service journalism, we’ve distilled the information about the major bar prep providers into a handy guide. For those of you mulling over which course best fits your needs, the crucial analyzing variables are cost, format, guarantees, discounts, and pass rate. Nobody want to have to take the bar exam more than once, so this is a serious investment decision. After the jump, check out an “apples to apples” look at the major prep companies…
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.
It’s that time of year again when JDs are starting to apply for 2L summer jobs and 2L summers are deciding which practice area to focus on.
For those JDs with an interest in potentially lateraling to or transferring to Asia in the future, please feel free to reach out to Kinney for advice on firm choices, interviewing and practice choices, relating to future marketability in Asia, or for a general discussion on your particular Asia markets of interest. This is of course a free of cost service for those who some years in the future may be our future industry contacts or perhaps even clients.
For some years now Kinney’s Asia head, Evan Jowers, has been formally advising Harvard Law students with such questions, as the Asia expert in Harvard Law’s “Ask The Experts Market Program” each summer and fall, with podcasts and scheduled phone calls. This has been an enjoyable and productive experience for all involved.
Whether you’re fresh off the bar exam or hitting your stride after hanging a shingle a few years ago, one thing’s for certain: independent attorneys who start a solo or small-law practice live with a certain amount of stress.
Non-attorneys would think the stress comes from preparing for a big trial, deposing a hostile witness, or crafting the perfect contract for a picky client.
But that’s nothing compared to the constant, nagging, real-life kind, the kind you get from the day-to-day grind of being a law-abiding attorney.
Connecticut plaintiffs-side boutique litigation firm (12 lawyers) seeks full-time associate with 2-4 years litigation experience, top tier undergraduate and law school education. Journal or clerkship experience a plus; highest ethical standards and strong work ethic required. Familiarity with Connecticut state court legal practice is preferred, but not required.
The firm handles sophisticated, high-end cases for plaintiffs, including individuals and businesses with significant claims in a wide array of matters. Our cases often have important public policy implications, and are litigated in state and federal courts throughout Connecticut. Representative areas of practice include medical malpractice, catastrophic personal injury, business torts, deceptive trade practices and other complex commercial litigation, and products liability.
Additional information can be located on our website, at www.sgtlaw.com.