Whenever I talk to fellow solo practitioners at a conference, a mixer or book club gathering, they tend to brag about the benefits of running their own business. One told me about how he regularly conducts a four hour “client meeting” at the local golf course. Another tells me how she attends a CLE seminar via Skype in her living room wearing pajamas and bunny slippers. And someone else is elated that she is able to work while having time to attend her daughter’s piano recital.
A big draw of being a solo practitioner or a member of a small partnership is the freedom. The freedom to call the shots. The freedom to bill whatever and however you want. The freedom to pick and choose clients and practice areas. The problem is that these freedoms come with responsibilities and additional work which made me wonder whether these freedoms were real or mythical…
If I spend time reminiscing about the wayback times — all the way back to when I was a summer associate — I am reminded that one of the benefits of litigation (at least as described to me by an older associate nearly a decade ago) was supposed to be that it was recession proof. Meaning that just when the deals that characterize good economic times were slowing down that was when the real litigation would begin. So you’d be busy with new cases created by deals gone bad while your friends that joined corporate departments would find themselves without work to do at the same time a firm might be looking to make some cuts.
Now that didn’t prove quite true — when it’s time for Biglaw to do layoffs, litigation personnel find themselves as much at risk as every other department. But it is accurate that we do see an uptick in litigation after bad economic events. After all, it was only about two years ago when nearly every document reviewer or contract attorney found themselves on cases dealing with residential mortgage backed securities (RMBS). Yes, those same deals that nearly crippled the economy spawned massive litigation that kept food on my table. It didn’t matter what firm, agency or even city you worked for/in all the big document review projects seemed to be about RMBS. Now that that boom is nearly over we are left to wonder — what questionable business practice will lead to tomorrow’s doc review boom?
* Prosecution called off after the police lost the 100 Oxycodone pills in evidence. Sure. “Lost.” [The Journal News]
* Much like the Raiderettes before them, a group of former Buffalo Bills cheerleaders are suing over their pay. Thankfully Donald Trump is threatening to buy the team, so this suit isn’t the worst thing happening to the Bills right now. [WHEC]
* A sad account of how an alcoholic lawyer drank vodka by the quart while botching a death penalty trial. [Mother Jones]
File this one under #firstworldproblems. Today we have a guy who got into the University of Chicago Law School and Duke Law School, and he’s getting money from both.
But he’s getting a little more money from Duke… which is about as close as you’ll ever get Duke to admitting that it’s not “the Harvard of the South” because Harvard wouldn’t give you a dime to draw you away from the UofC (no offense, Brian Leiter).
So what should this guy do, other than be happy and email ATL about his good fortune? Well, you probably need a little more information…
* A key member of Khalid Sheikh Mohammed’s defense team is leaving the Army because they were going to force him to leave the defense to attend a graduate course in Virginia. The kneejerk, liberal reaction is that this is a conspiracy to derail his defense. I highly doubt it. From my experience, the Army’s counterproductive decisions are staunchly arbitrary. [Huffington Post]
* Derek Khanna takes on the Aereo case before the Supreme Court ruins it for all of us. [Politix]
* Britain’s just like a cute little America. They have conservative politicians trying to win votes through nonsensical religious exclusion too. [What About Clients]
* Last time we checked in on Judge Carlos Cortez, he was defending himself against charges that he strangled and threatened to kill a girlfriend. Apparently things have gotten much, much darker down there in Texas. [Dallas Morning News]
You can’t be a judge very long without having a trial that presents concerning situations. We handle them by talking them through with the marshals…. This sounds like something that could have happened at any courthouse, at any time.
If you’re feeling the pinch of student debt, at least you can comfort yourself in knowing that your money contributed not only to the professional education of innumerable future contract attorneys, but to the overall advancement of legal scholarship. The academy requires those tuition dollars to keep law professors researching and writing for the betterment of all.
And then handing it over to a bunch of apple-polishing 3Ls to validate and publish.
So the next time you get your tuition or student loan bill, ask yourself if funding research on the nature of sexbots is worth it….
It’s a brutal attack on an attorney running for governor, blasting him for representing criminal defendants. How can he protect battered women when he helped their abusers beat the rap? How indeed. Oh, and it’s not just that he helped their abusers, he did so for money. Because counseling the accused for fees in this country is where all the money is. It’s a seedy racket no way at all as admirable as, I don’t know, lobbying elected officials for political favors at the expense of the citizenry. If only this guy was smart enough to take hundreds of thousands to poison rivers and streams he wouldn’t be such a scumbag.
This ad is just goddamned brilliant at connecting the disingenuous dots for the easily duped.
And this message was “approved” — ultimately — by a former prosecutor who’s now being investigated by the office he once led….
I probably took just a dozen business trips as an associate (I travel much more frequently now as an in-house lawyer). A dozen is also about the total number of hours I actually spent working on all those flights combined. I just never could pass up the “free” travel billables, even if it meant working all night on arrival.
A more or less typical trip, described after the jump.
Before taking on the massive commitment and expense of a law school education, prospective students need to do some serious homework. But let’s face it: not everyone will. The prospect of analyzing the available data is sufficiently great that many won’t bother.
In spite of concerns that rankings “facilitate laziness” or “pervert incentives,” we can agree that rankings aren’t going to disappear any time soon. People will still demand guidance, preferably in the form of easy-to-understand lists. For our part, ATL will continue to produce our own version of law school rankings. (We are releasing the 2014 rankings next Tuesday. You can register to see a live broadcast here.)
Last week we surveyed our readers for their views on what would be the most relevant elements of a law school rankings methodology. What did the readers have to say?
At the Real Housewives of Atlanta reunion that aired Sunday night, cast member Porsha Williams laid the smackdown on cast member Kenya Moore. At issue was that Moore accused Williams of cheating on her husband, NFL superstar Kordell Stewart.
Moore called 911 from the reunion, though Williams was not arrested on the set. Instead, an arrest warrant issued and Williams voluntarily had herself booked on a misdemeanor assault warrant and was released on $2,000 bail…
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 six years. You can reach them by email: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months, and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.
The evolution of relationships between the genders continues. Currently, in law firms, there is an interesting conundrum; balancing the desire for a gender-blind workplace where “the best lawyer gets the work and advances” and the reality of navigating the complicated maze created by the fact that, in general, men and women do possess differences in their work styles. These variations impact who they work with, how they work, how they build professional connections and how organizations ultimately leverage, reward and recognize the talents of all.
Henry Ford sat on his workbench and sighed. A year earlier, he had personally built 13,000 Model Ts with his own hands. Fashioning lugnuts and tie rods by hand, Ford was loath to ask for help. Sure, there were things about the car that he didn’t quite understand. This explains the lack of reliable navigation systems in the Model T. But Ford persevered because he knew that unless he did everything, he could not reliably call these cars his own.
“Unless my own personal toil is responsible for it, it may as well be called a Hyundai,” Ford remarked at the time.
The preceding may sound unfamiliar because it is categorically untrue. And also monumentally stupid. Henry Ford didn’t build all those cars by hand. He had help and plenty of it. Almost exactly one hundred years ago, Henry Ford opened up the most technologically advanced assembly line the world had ever seen. Built on the premise that work can be chopped up into digestible pieces and completed by many men better than one, the line ushered in an age of unparalleled productivity.
Today, an attorney refers business because he can’t do everything the client asks of him.
There are three reasons why this is way dumber than a made-up Henry Ford story…