Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Megan Grandinetti challenges busy lawyers to practice positivity.
A few years ago, I was buried in work and traveling for business. I ran into a friend of mine on a train in Philly, and he spent the next hour listening to (a) how many hours I worked, (b) how much I hated what I was working on, and (c) how the people at my Biglaw firm had zero regard for my personal life (wait a second, WHAT personal life?). I remember being fairly detached and casual as I was talking about all of this (I did NOT burst into tears, per usual), but years later, my friend told me that after that conversation, he had put me on “suicide watch.”
About a year after the suicide watch train incident, I realized that I had become a person that I didn’t recognize: a whiny, angry, sad person who only saw the negative in everything. I decided to do a 40-day challenge, during which I gave up complaining. That’s right, I stopped complaining for 40 days.
Ed note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Rob Jordan explores how good use of technology can help busy lawyers process large amounts of information.
Previously, I suggested a number of easy, low-maintenance media outlets that could help lawyers (and bankers) be informed and “interesting” and, by extension, be better networkers. Having access to relevant information is one thing, but creating a system for efficiently processing the mass quantities of information currently available to you is just as critical. It’s also necessary to avoid feeling inundated and overwhelmed. Here is my simple system for streamlining information – all through the use of mobile – in a manner that keeps me organized and informed without triggering the Problem of Choice.
I have several different selves rattling around inside. No, I’m not suggesting multiple personality disorder. I’m alluding to the varied interests and aptitudes that have led to different careers over time.
My nurturing, playful self became an elementary school teacher. She was followed by the brainy, kick-ass self who became a lawyer. Then the creative, reclusive self came forward to write my legal thriller Terminal Ambition (affiliate link). Now the compassionate, wise self is stepping up as a coach to guide clients through growth and change.
Just as Harry Potter discovered that he had a “good self” and a “bad self,” each of us has many selves.
A lawyer may be hiding a self who longs for deeper connection with others and a helping role as a therapist as well as another self who longs to be an academic and another self who longs to be a chef.
Ed. note: Stat of the Week is a new feature that pulls data points from ATL Research as well as noteworthy sources across the web.
Classical game theory dictates that Rock Paper Scissors players should completely randomize their choices, selecting rock, paper, or scissors equally and unpredictably. However, a recent Chinese study found that most people play in a nonrandom and predictable fashion. Furthermore, attorneys apparently are particularly easy to beat at this classic method of alternative dispute resolution. Why?
The business of law continues to evolve post-Great Recession. Law firms are dealing with clients who are trimming legal budgets, shunning expensive hourly billing rates and subsidized training of associates, and opting for smaller and more cost-sensitive legal options.
These trends have had a ripple effect. The job market for lawyers—while showing signs of improvement in small pockets—remains depressed, resulting in intense critiques of legal education, downward-trending law school applications, and law schools adapting or closing. Presumably, law students and new lawyers notice these trends and are strategizing accordingly, thinking commercially and entrepreneurially about their careers, and seeking the best legal experience and ROI in a rough macro legal market.
Entrepreneurs recognize these trends and a few startups—UpCounsel, Lawdingo, Priori Legal, and LawTrades—are riding a robust tech (and derivative branding) wave to disrupt the increasingly vulnerable legal industry. Each (i) strives to provide a frictionless and transparent platform for cost-conscious clients to quickly acquire legal services, and (ii) offers lawyers an alternative avenue to monetize their degrees free of typical infrastructural and administrative burdens of solo or small practice. This new crop of startups has earned the label “the Uber of law.” What is their value proposition for lawyers? Are they truly Uber-like providers of legal services, or is that just opportunistic branding? Should lawyers care?
The statistics don’t lie. There is approximately a 50/50 split between men and women who graduate from law school and obtain entry-level associate positions at firms. However, many more women end up leaving after a few years and either never return to the firm environment or return to practicing law at all. We can point to a myriad of reasons, both personal to each woman and systemic of the general firm structure, but the bottom line is that women lawyers are a group that could use assistance in getting back into law.
Enter the OnRamp Fellowship. Founded by Caren Ulrich Stacey, the Fellowship is a re-entry platform that allows experienced, talented lawyers to return to the work force through a one-year, paid training contract. This platform allows lawyers to renew and increase their legal skills, while getting a resume boost that will help transition them to the next position at the same or different law firm. The Fellowship also provides lawyers with the opportunity to make valuable networking contacts and obtain professional references.
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 interviews lawyers who have found their passion by leaving the law.
What if you could have the best of both worlds? Not being a lawyer, exactly, but being in a professional position that still takes advantage of your lawyerly inclinations and skills. For the final part of my “Finding Your Passion” series, I hope that you will feel inspired by the people below to search for that niche, if your current practice hasn’t been feeling right and leaving you a little half empty. There has got to be a full glass somewhere.
SONYA MAYS (Detroit, MI) 1. What is your current job? And what type of field or industry?
Ed note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Megan Grandinetti explores three ways lawyers can achieve a healthy separation from work-related electronic devices.
Put your phone away for a minute. And your Blackberry if you have one. Turn them both on silent, lock them in a drawer, and mentally walk away from them. Just for one minute. Close your eyes and remember the last time you were free of these devices, the ones that haunt your every waking moment. There had to be a point in your life where your electronic devices did not OWN you. Maybe it was on your last vacation when you had the sand between your toes and a fruity drink in your hand. Reflect on that time, and relish in it for one whole minute. Liberating, isn’t it?
I have several clients and friends who have a hard time putting boundaries on their Blackberries and smartphones, allowing work emails to pervade every waking hour of their day. I know exactly how that feels because I, too, used to be a slave to my Blackberry. When I first started at Cleary, I kept my Blackberry on vibrate, and I kept it with me at all times. I went shopping with it. I brought it to fitness classes at the gym. I took it with me on dates.
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
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: