I love how this picture is somehow demeaning to both men and women. Being a stay-at-home spouse does NOT involve filing your nails while someone goes out there with a sledgehammer.
This weekend, the New York Times ran a big, splashy article about house husbands and their wealthy, “Wall Street” wives. The premise is that successful Wall Street women are doing it with the help of stay-at-home spouses… you know, the way that wealthy Wall Street men have been doing it for generations.
It’s an annoying premise. Of course, working a high-intensity job is easier when somebody is taking care of everything else at home. But, as Slate’s Jessica Grose points out, the problem is that anybody is expected to work to the point that they have to outsource their entire domestic lives.
Vivia Chen points out another problem in her article in Time. The New York Times article focuses on very wealthy women and their kept men. But is this really a trend? Are husbands really willing to stay home when their wives make a more “pedestrian” salary — like, say, what a lawyer makes?
* When it comes to the air pollution case that’s currently before the Supreme Court, it seems like the justices had absolutely no difficulty at all in evaluating the type of problem at hand. It’s apparently a “tough” one and a “hard” one. [New York Times]
* Thanks to the historic new Senate rules put into action last month, Patricia Ann Millett, the co-head of Akin Gump’s Supreme Court and national appellate practice group, has been confirmed to the D.C. Circuit. You go girl! [Post Politics / Washington Post]
* The Senate showdown isn’t quite over yet, folks. We could see another confirmation vote on Georgetown Law professor Nina Pillard’s nomination to the D.C. Circuit sometime today. [Blog of Legal Times]
* “We risk failure in having a profession that is as diverse as the country we serve.” OMG guys, the legal profession is bad at diversity. This is new information that no one’s heard before. [National Law Journal]
* Now that the recession is over, women are gaining their jobs back faster than all their male counterparts. Not to worry, guys — they’re still being paid 77 cents to every dollar a man earns. [Corporate Counsel]
* Here are the top five social media mishaps by lawyers and law students of 2013. If you value your career, you should really try not to do any of these embarrassing things during the new year. [Strategist / FindLaw]
Complaining openly and presenting a negative persona is not a good strategy for the office or most places, for that matter. Even if you have every good reason to complain, people do not want to hear it.
[W]hat I found most interesting was that their lives were often far more complex than they had predicted. Even the greatest of expectations, it seems, eventually encounter reality.
– Florence Martin-Kessler, a journalist and documentary filmmaker, offering commentary on the lives of 21 women who were interviewed by New York Times Magazine 12 years ago. At the time, they were fresh out of law school, incredibly idealistic, and about to begin careers at Debevoise & Plimpton, where they planned to conquer the world. Today, “only a handful” of them are still with the firm.
Day in and day out, the demands associated with Biglaw grind people up and lay waste to the hopes and dreams that many once had about what it would be like to work as a high-powered attorney. And more often than not, it is the men who are in charge of this “all work, no play” carnival of tortured souls.
From origination credit to salary wars to leadership opportunities, it is usually the men who are accused of pushing women two steps back in the Biglaw regime. But today, we’ve got insider information on some alleged woman-on-woman crime. This time, it is the women who are ripping their female colleagues to shreds. And it’s not just any women; no, it’s the members of the firm’s Women’s Committee who are doing the damage, and trust us when we say that these cats have claws.
* Congress could throttle tech innovation with two words. Thankfully, I don’t think Congress knows any two words beyond “defund Obamacare.” [Slate]
* The University of Washington was slapped with a $720,000 fine for withholding documents from a professor suing the school for gender discrimination. Every time something bad happens to the University of Washington, an angel gets its wings. Go Ducks! [Chronicle of Higher Education]
* The ABA has issued its draft report on the future of legal education. Highlights include recommending a 50% tuition cut. Ha! Just kidding. [Associate's Mind]
* Congress is targeting the people who are really making off like bandits: poor people on food stamps. But there’s another link in the federal agriculture spending chain that might make more sense to target if you really wanted to save the government money. Silly me, budgetary discipline has nothing to do with budget cuts. [Volokh Conspiracy]
* Here are 15 things wrong with the criminal justice system. Only 15? [Boston Review]
* Lessons on the defense of others from Back to the Future. I’m still waiting for a legal analysis of buying plutonium from Libyans. Is that legal? I’m kind of fuzzy on that one. [The Legal Geeks]
Okay, “drove out” is probably not the right phrasing here, for reasons we’ll explain below. But there’s no denying that people are keenly interested in the drama surrounding the departure of eight Weil partners to Sidley Austin in Dallas.
Let’s take a closer look at the situation, shall we?
The most recent rankings of America’s best-paid general counsel reflected healthy increases in GC compensation. But that data related to the highest-paid legal officers at the nation’s largest companies. What about rank-and-file in-house lawyers?
We’ve mentioned some anecdotal evidence of in-house counsel doing very well for themselves financially. But some of our in-house readers, as well as one of our columnists, questioned whether that data was representative of in-house lawyers generally.
Now we’re happy to bring you a more systematic and all-encompassing look at in-house compensation, going beyond just general counsel, courtesy of a new survey. There’s good news and bad news….
* Even at the top of the in-house food chain, women lawyers are still paid less than their male counterparts. But hey, at least they’re not being forced to cry poverty like their in-house staff attorney brethren. [Corporate Counsel]
* Neil Barofsky, the former King of TARP in the United States, is making the move to Jenner & Block, specifically because as opposed to all other firms, “Jenner took the side of really getting to the truth of the matter.” [Reuters]
* Luxury fashion is fun: four Biglaw firms, including Cleary Gottlieb, Cravath, Torys, and Proskauer Rose, all took Tim Gunn’s mantra to heart to make it work for the $6 billion sale of Neiman Marcus. [Am Law Daily (sub. req.)]
* If you want to try some lawyer, we hear that they taste great when poached this time of year. Speaking of which, Troutman Sanders just reeled in three attorneys from Hunton & Williams. [Richmond BizSense]
* Are you ready for some tax law?! The NFL and other professional sports leagues might lose their nonprofit status if new tax reform legislation makes it through the House and the Senate. [Businessweek]
As part of a nationwide tour, Above the Law is coming to the great city of Chicago.
Join preeminent law firm management consultant Bruce MacEwen, Katten Muchin Chicago managing partner Gil Sofer, and JPMorgan Chase & Co. assistant general counsel Jason Shaffer for a panel discussion (sponsored by Pangea3) on the evolutionary and market forces bearing down on the law firm business model. Come on by Thursday, November 20, at 6 p.m., for thought-provoking discussion, food, drink, and networking.
Space is limited and there will be no on-site registration, so please RSVP
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
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.