In light of Ms. X’s epic departure memo highlighting the chaos involved in juggling parenting and Biglaw hours, many women in similar situations have been questioning their own work/life balance. Can women still have it all? And if they can’t, can they at least have a little bit of it? Is that really so much to ask for?
Luckily, and just in the nick of time, Working Mother magazine partnered with Flex-Time Lawyers to release its annual list of the 50 Best Law Firms for Women. When compiling this list, both organizations strive to include firms that make the legal profession more “family friendly” by offering both flexible hours and reduced schedules, while at the same time ensuring that a respectable percentage of women attain equity partnership.
So which firms made the cut? Interestingly, only two firms from Vault’s top ten list of the most prestigious firms in the country made this year’s list. Let’s find out which ones….
We’re already quite confident that we’ll move up in the rankings again. We think we’ll be solidly in the top 25 and certainly in to the top seven or eight of all publics. But moving downtown isn’t about rankings. It’s about the mission of this law school.
(We mentioned previously that this proposed move would potentially come at a cost to students in the form of higher tuition, but Dean Sylvester now claims he’s “very hopeful” that there won’t be a tuition hike.)
I’m looking at the National Jurist rankings of “most diverse law schools” and, I gotta tell you, I can’t really see why anybody would or should care about them. Don’t get me wrong, I like diversity, I think it’s critically important to a good educational environment.
But I guess I find “diversity” to be a kind of binary issue: either you have a diverse campus, or you don’t. And we can argue about what makes a place diverse, what gets you over that intangible line. But being the “most diverse” is kind of like being the “most wet” person at the beach. I’m sure that distinction goes to somebody, but the key distinction is separating the wet from the dry.
I dunno, maybe I’d be more interested if any of these “most diverse” student bodies had better than a “snowball’s chance in hell” at getting a job….
If there’s one thing that lawyers love more than arguing, it’s law school rankings. Whether you’re a prospective law student, a current law student, or a law school alumnus, you’re likely obsessed with the U.S. News law school rankings, the most well-known of all national law school rankings.
But come on, let’s be real with ourselves: members of the legal profession are unhealthily obsessed with rankings in general. From the rankings that seem to defy logic and common sense to the rankings that seem nonsensical at best, if they’re out there, we know that our loyal readers are going to salivate over them.
One major criticism of the U.S. News rankings of late is that prospective law students still place a far greater weight on these rankings than any other metric — which is quite foolish. That’s why we were excited to see that Law School Transparency recently released an alternative to the U.S. News law school rankings, based on factors that ought to be important to would-be law students: cost and employment outcomes.
Let’s check out the LST rankings alternative, and see what they’ve got to offer….
Hey, don’t blame us. We didn’t make this list of the worst law schools in the country.
In the Above the Law Career Center, we just give law schools letter grades, based on user surveys completed by ATL readers. But the Daily Caller has compiled a list of the ten worst ABA-accredited law schools. Mwahaha.
One really strong point about this list is that it’s more outcome-oriented than other rankings. It’s not looking at LSAT scores and GPAs; it’s looking at bar passage rates, cost, and employment data.
So, send your angry emails to the Daily Caller, or your own administrators, if you are unlucky enough to be going to one of these schools…
Earlier this week, we brought you news about the 10 worst cities for young attorneys ranked by standard of living, size of the legal community, and an active social scene for young people. Many of those cities were located in the South or in the Midwest, where law school administrators have insisted there are good jobs waiting. While some complained that the rankings were suspect for one reason or another, others — perhaps they were bitter? — went so far as to suggest they didn’t “want people that ‘rank’ the ‘worst cities’ coming to these great places anyway.” Sheesh.
Well, those worst-city defenders may be in luck, because today we’ve got the rankings for the 20 Best Cities for Young Attorneys, and this time, average billable hours per city are included. Once again, NALP’s Buying Power Index for the Class of 2010 was used to establish each city’s standard of living, and the resultant best cities were not only big, but they were also extremely Biglaw-centric, with reported median salaries to match.
Given the glut of attorneys being pumped out into the market on a yearly basis, recent graduates are being told to consider applying for employment in places that they normally wouldn’t — rural places like the cities in the Midwest or the Deep South. And for some, it’s been working out, but for others, the experience has been less than enjoyable.
Enter the latest set of rankings. Last year at about this time, the National Association for Law Placement (NALP) released its Buying Power Index for the Class of 2010. This year, National Jurist has presented a list of the Worst Cities for Young Attorneys, based, in part, on NALP’s figures. Unsurprisingly, many of those cities fall near the bottom of NALP’s buying power list, and one was even in second-to-last place. If you have other options, you may want to seriously consider them.
So where are the worst cities for young attorneys?
I’d like to live in a world where the list of best law schools “for black people” was exactly the same as the list of best law schools “for people.”
I think we’re close. Black people are already conditioned to make the same stupid decisions based on the U.S. News rankings as white people have been making for a generation. And while there are still some unhelpful people who try to tell black people that the reasons for going to law school are somehow radically different for them than for everybody else, for the most part, people understand that black people go to law school for the same reason white people do: jobs.
Still, we’re not quite there, in large part because the strength and vibrancy of the black community can vary greatly between law schools. In this day and age, nobody should expect to be the “only” black student in their small section. Everybody should expect access to a diverse law school faculty. But some law schools do a better job of providing those kinds of environments than others.
Now, usually when I see a non-U.S. News law school ranking, I make fun of it. That’s because there is usually some kind of huge, methodological problem with them. And then, of course, there is the pathetic joke that is the Cooley Law School Rankings. In general, non-U.S. News rankings fail either by offering no new information than what is already captured by U.S. News, or by looking at completely stupid information that nobody cares about.
With that in mind, I opened The Black Student’s Guide To Law School with a lot of skepticism. I mean, unless they figured out how to capture the all important “racist apologist per oblivious white person” metric, I wasn’t sure there would be a lot of utility here.
But having thumbed through the guide and their ranking of the top 25 national law schools for black people, I have to say that there is a lot of good stuff in here. And I’m not just saying that because Yale Law plummets to #19….
Apparently also underrated? The corporate group at Cahill Gordon, according to the ATL audience. Cahill received the most mentions as having an “underrated” corporate group in our ATL Insider Survey. Biglaw has a fairly stable roster of alpha dogs in each practice category (Weil in bankruptcy, Wachtell in M&A, etc.), but we wondered which firms’ practice groups deserve more recognition. So, among other things, our survey asks attorneys to nominate firms with underrated (and overrated) practices within the respondent’s own practice specialty. Litigators nominate litigation departments, tax lawyers do the same for tax groups, and so on.
Read on and have a look at the top three underrated firms in each practice area:
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: