Researchers at the University of Calgary have conducted a sociological study of 670 attorneys working in law firms to measure the impact of having children on work productivity. The researchers spend a good amount of time raving about billable hours, which made measuring productivity a breeze for them. Yay for billable hours!
We do not think it is groundbreaking news that mothers are less productive than non-mothers (measured in terms of billable hours). The results regarding fathers are interesting, though:
The results suggest that mothers with school-aged children are less productive than non-mothers, whereas fathers with preschool-aged children are more productive than non-fathers. While time spent on household and childcare tasks significantly reduces women’s productivity, we find little support for the benefits of family resources or working in a family-friendly firm for women. Rather, fathers seem to benefit more: family resources are positively related to their productivity and family-friendly benefits allow them more time for leisure.
The study finds that family-friendly firm policies are more beneficial for men than for women. We hear the frustrated sighs of women echoing through cyberspace.
This unexpected finding, however, may be a boon for female attorneys without children:
One surprising finding is that childless women may be more productive than women with children and their male colleagues (with or without children).
Last season, Barry Bonds, Major League Baseball’s all-time home run king, batted .276 with 28 home runs and 75 runs scored. Bonds also reached base 48 percent of the time—the best in all of baseball.
This season, however, Bonds is unemployed. The San Francisco Giants, his former team, prefer to play journeymen outfielders Dave Roberts and Rajai Davis. The Washington Nationals, meanwhile, seem to prefer outfielder Elijah Dukes, who has nearly as many lifetime arrests (6) as Major League home runs (10). Stranger still, the New York Mets claim to be content beginning the season with Ryan Church, Angel Pagan and Endy Chavez playing their corner outfield positions. Last season, the Church/Pagan/Chavez combo had 438 more at bats than Bonds, yet combined for eight fewer home runs, not to mention a lower combined batting average.
Bonds recently told the media that he is “working out” and “training,” in hopes of playing for some team this season. With recent notification that prosecutors must revise their perjury indictment against him, Bonds for the moment is free from any legal conflicts. In addition, Bonds is relatively healthy, not to mention just 65 hits shy of the 3,000 milestone.
So what’s going on here? Read more, after the jump.
With JPMorgan quintupling its offer for Bear Stearns earlier this morning, it seems like an appropriate time to discuss last week’s ATL / Lateral Link survey, which asked you whether you were afraid the recent Bear Stearns collapse would hurt your career.
Twenty-seven percent of you said yes. New Yorkers were the most concerned, with roughly one third of respondents opining that the Bear Stearns collapse would hurt their careers. A quarter of respondents in Los Angeles and Atlanta and a fifth of respondents in Washington, DC said the same. In Boston and Philadelphia, seventeen percent of respondents were afraid the Bear Stearns event would hurt their careers, while in the Bay Area, the number fell to an unlucky thirteen percent. Respondents in Chicago, Dallas, and Houston were generally unafraid.
Concern was most pronounced among the newest lawyers and those closest to partnership. Twenty-eight percent of respondents in the Class of 2007, and thirty percent of respondents in the Classes of 2000 and 2001 were afraid that the Bear Stearns collapse would hurt their careers. A whopping fifty percent of respondents who graduated before 2000 shared this concern. Law students are also more likely to be frightened, with 43% of law students responding that they were afraid that the Bear Stearns event will hurt their careers.
Additional discussion, including selected comments from survey respondents, after the jump.
JPMorgan and Bear were prompted to renegotiate after shareholders began threatening to block the deal and it emerged that several “mistakes” were included in the original, hastily written contract, according to people involved in the talks.
One sentence was “inadvertently included,” according to a person briefed on the talks, which requires JPMorgan to guarantee Bear’s trades even if shareholders voted down the deal. That provision could allow Bear’s shareholders to seek a higher bid while still forcing JPMorgan to honor its guarantee, these people said.
When the error was discovered, James Dimon, JPMorgan’s chief executive, who was described by one participant as “apoplectic,” began calling his lawyers at Wachtell, Lipton, Rosen & Katz to seek a way to have the sentence modified, these people said. Finger pointing over the mistakes in the contracts began as bankers blamed the lawyers and vice versa.
Some ATL readers may find our Lawyer of the Day posts frivolous, but there are valuable lessons in each one. Texan lawyer Adam “Bulletproof” Reposa has many lessons to impart. Lesson one: how not to show one’s displeasure with a judge’s ruling. From the Austin American-Statesman:
Adam Reposa, 33, was held in contempt of court by County-Court-at-Law Judge Jan Breland for his “intentional and contumacious conduct during the court’s review of the plea bargain offer to his client before jury trial.”
Reposa, who could not be reached for comment, “made a simulated masturbatory gesture with his hand while making eye contact with the court in response to an objection by the state to his interference with the court plea bargain inquiry,” Breland wrote in a judgment of criminal contempt of court filed March 11.
While we may understand the desire to use the “jerk-off” gesture with a judge who uses the word “contumacious,” we strongly advise against it. Lesson two: how not to manage your media relations, as reported by a local broadcaster.
When Reposa’s law office was contacted by phone, the person answering said she was instructed by Reposa to tell the media a vulgarity, which won’t be printed here.
* Professor Akhil Amar: Obama and Clinton can take turns being president. Say what? [Slate]
* JPMorgan could raise Bear Sterns bid to $10 a share. [New York Times]
* IOC engages in “silent diplomacy” with China on human rights issues. [ESPN]
* Radical hippie mom accidentally released from jail for a few days. [CNN]
* AG Mukasey to argue before SCOTUS tomorrow. [WSJ Law Blog]
Despite the recent turmoil in the economy and the stock market, all appears to be well at Milbank Tweed Hadley McCloy. A tipster provided us with the highlights of chairman Mel Immergut’s “State of the Firm” address from last week:
1. Primary caregiver leave is now 18 weeks paid.
2. Blackberries will get replaced every two years instead of three.
3. “We’re not getting fired.”
It appears that Milbank has effectively made a “no layoffs” promise. It learned that lesson the hard way:
Mel stressed that in the last downturn, they had slowed hiring, and then found themselves at a loss for mid-level associates when things picked up later. So the plan is to continue to hire new people (our summer program is the largest to date at 100+) and retain, but not really hire laterals.
Will other firms make a similar pledge? We’ll see.
* A cool job opportunity for a college senior or recent undergraduate with an interest in the law: work for noted Supreme Court litigator Tom Goldstein. [SCOTUSblog]
* A cool job opportunity for C students with a “sick sense of humor”: work for the Rockstahl Law Office in Twin Falls, ID. [Idaho State Bar - Job Announcements (top entry for 3/20/08)]
* A lesson in how to open a judicial opinion, from Judge Alex Kozinski. [Southern Appeal]
* A tip for legal bloggers: don’t fetishize pageviews. [Law and More]
* A guilty plea from Hottie Scruggs (pictured). [WSJ Law Blog]
* Stuff White People Like: $350,000 book deals. [New York Observer]
An associate in the employment, labor and benefits section of the Boston firm of Mintz, Levin, Cohn, Ferris, Glovsky & Popeo has filed a complaint with the Massachusetts Commission Against Discrimination charging that colleagues discriminated against her because of her gender and status as a wife and mother.
Mintz, Levin associate Kamee Beth Verdrager also alleges in her MCAD filing against the firm and ML attorneys Robert M. Gault, Donald W. Schroeder and David Barmak that she was the target of retaliation when she complained about the treatment accorded her by certain members of the employment section and that she was subsequently demoted and placed on probation.
Commenting on behalf of the firm, Public Relations Director Gina Addis said that “the reality is from time to time allegations like these are made against all businesses, including law firms. Our firm has and will deal with any such allegations in the ordinary course and at the appropriate time and in the appropriate forum.”
More discussion, including highlights from Verdrager’s complaint, after the jump.
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.
Please note that Evan Jowers and Robert Kinney are still in Hong Kong and will stay FOR THE REMAINDER OF THIS WEEK. We still have a handful of available slots for meetings with our Asia Chronicles fans. If we have not been in touch lately, reach out and let us know when we could meet! There is no need for an agenda at all. Most of our in-person meetings on these trips are with folks who understand that improving a legal practice through lateral hiring is an information-driven process that takes time to handle correctly.
Regarding trends in lateral US associate hiring in Hong Kong, we of course keep much of what we know off of this blog. Based on placement revenue, though, Kinney is having one of our most successful years ever in Asia. We are helping a number of our law firm clients with M&A, fund formation, cap markets, project finance, FCPA and disputes openings. These are very specific needs in many cases, so a conversation with us before jumping in may be helpful. As always, we like to be sure to get the maximum number of interviews per submission, using a well-informed, highly targeted, and selective approach, taking into account short, medium and long-term career aims.
Making a well informed decision during a job search is easier said than done – the information we provide comes from 10 years of being the market leader in US attorney placements at the top tier firms in Asia. There is no substitute for having known a hiring partner since he/she was an associate or for having helped a partner grow his or her practice from zip to zooming, and this is happily where we stand today – with years of background information on just about every relevant person in all the markets we serve, and most especially in Hong Kong/China/Greater Asia. So get in touch and get a download from us this week if we can fit it in, or soon in any case!
The legal industry is being disrupted at every level by technological advances. While legal tech entrepreneurs and innovators are racing to create a more efficient and productive future, there is widespread indifference on the part of attorneys toward these emerging technologies.
When the LexisNexis Cloud Technology Survey results were reported earlier this year, it showed that attorneys were starting to peer less skeptically into the future, and slowly but surely leaning more toward all the benefits the law cloud has to offer.
Because let’s face it, plenty of attorneys are perhaps a bit too comfortable with their “system” of practice management, which may or may not include neon highlighters, sticky notes, dog-eared file folders, and a word processing program that was last updated when the term “raise the roof” was still de rigueur.