[A] focus on profit undermines the differences between the practice of law being a profession rather than solely a business. It is easy to anticipate the assertion that we choose not to report aggregate annual average profit numbers because they are not as high as some other firms. But that assertion simply assumes that the way things have been done in the past is the way they should be done in the future.
‘Should I go to law school? Nah, I don’t want to be poor.’
Last year, there was such a substantial national decline [in law school applicants], and a lot of law school deans said, “It’s got to be the bottom of the market, right?” People assume there has to be an uptick, because there’ll be a recovery and students will see an opportunity to get into better schools. But then a year goes by and there’s an additional decline. I will say this: The preliminary data I’ve seen on the students who have taken the LSAT this year suggests that we’re not seeing a big recovery — let’s put it that way.
Petitioner’s brief, unfortunately, was laden with obscure acronyms notwithstanding the admonitions in our handbook (and on our website) to avoid uncommon acronyms. Since the brief was signed by a faculty member at Columbia Law School, that was rather dismaying both because of ignorance of our standards and because the practice constitutes lousy brief writing.
– Judge Laurence Silberman of the D.C. Circuit, condemning a brief for an abundance of acronyms.
(More information — including the identity of the offending professor, and the full opinion — after the jump.)
There are lots of forms of purchase and exchange that we criminalize, for example, buying sex. We don’t say if someone wants to purchase the services of a prostitute, well that is just an expression of their speech.
– Professor Jamie Raskin of American Law dropping logic bombs all over Citizens United. Professor Raskin — who is also a politician himself — goes on to explain that the Supreme Court’s jurisprudence offers zero explanation why bribery is illegal but unlimited donations are not.
I want a major TV network. I want [a] 90-second spot on a major network during prime time. Yes, if you were from CNN and you said Anderson Cooper will air you tonight, I would pack up my signs and leave. Mission accomplished.
This is the future. You need to titillate both ends, if you catch my drift. Don’t put the economic imperative right in my face. It’s all about the je ne sais quoi.
– a 61-year-old derivatives lawyer from Manhattan, gushing about Bliss Bistro, an underground, invite-only strip club/brothel. The cover charge is $40, and it costs $200 for 20 minutes to rent a private area, plus whatever the women charge for their “services.” One woman recently charged $400 for oral sex.
[T]he experience [of working at Cahill Gordon & Reindel] tested my ethical compass, and it coarsened my behavior. I was sometimes a jerk in dealing with my adversaries. I was sloppy in accounting for my time. I managed to care deeply about whether associates at the firm across the street were making a few dollars more. I did almost no pro bono work.
Don’t get me wrong. You get excellent training at big law firms. Many of the lawyers there do good and honorable work. But the big firms are built on a set of ethical tensions.
For the people who are enamored with the idea of the tax revenue from this, go to Colorado and see if you want to live there. See if you want to live in a major city in Colorado where there are head shops popping up on every corner. And people flying into your airport just to get high. You know, to me, it’s just not the quality of life we want to have here in the state of New Jersey, and there’s no tax revenue that’s worth that.
Tech guru Hwang secretly attended law school at Boalt Hall just to score his seven-month gig at Davis Polk, which he spent planning a computer program to replace first-year attorneys by automating tasks like document review (shhhh — don’t tell him about predictive coding or anything like that). Hwang plans to release the program to firms FOR FREE this summer. Look out Biglaw, you’re being forced down the same road Sterling Cooper did with its fancy IBM 360. Watch out for severed nipples!
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.
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.
We at Kinney Asia have made a number of FCPA / White Collar US associate placements in Hong Kong / China thus far in 2014. Most of such placements have been commercial litigation associates from major US markets, fluent in Mandarin, switching to FCPA / White Collar litigation. Some have already had FCPA experience, but those are difficult candidates for firms to find (this will change in coming years as US firms are now promoting FCPA / White Collar to their 2L summers who are fluent in Mandarin and have an interest in transferring to China at some point).
Legal Week quoted Kinney’s Head of Asia, Evan Jowers, extensively in the following relevant article here.
There is a new trend in the market, though, where mid-level transactional US associates, fluent in spoken Mandarin and written Chinese, are interviewing for and in some cases landing junior FCPA / White Collar spots in Hong Kong / China at very top tier US firms.
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.