The Biglaw year has a rhythm to it. As we approach Thanksgiving, there is an opportunity for each and everyone in Biglaw to take stock. Doing so is important, especially if one falls prey to the peculiar attempts by many to imbue meaning into Thanksgiving by “giving thanks,” before stuffing themselves into a stupor (followed by a six-hour-long “nap” on a relative’s couch and a frantic post-nap drive to some big-chain parking lot for the priceless opportunity to join the unwashed masses in a frenzied dash to save ten percent on the gadget du jour — if that is how people have their holiday fun, more power to them).
If you are going to make giving thanks a holiday focal point, at least do so mindfully. If you are still employed in Biglaw, you have a lot to think about.
If the events of this past year proved anything, it is that the change in Biglaw is irrevocable. In 2008, everyone suffered, driven by economic events bigger than the industry. In contrast, this year proved definitively that there are Biglaw firms that are winners, and getting stronger. But that list of firms is short. Most Biglaw firms are being challenged, and the responses they adopt to confront those challenges continues to be varied. Whether your firm is itching to merge at all costs, or continuing to whistle along as if nothing has changed (while frantically making moves under the radar to avoid giving even a whiff of being challenged), every Biglaw firm has wittingly or unwittingly decided on a future course. At a minimum, Biglaw lawyers should do the same on a personal level, with the understanding that for the great majority of Biglaw attorneys, career changes are more likely than career stability nowadays.
Checklists are helpful for assessing performance and ensuring that important considerations are not overlooked. While everyone’s personal checklist (or questionnaire, if you prefer) may look different, there are at least three categories that should be addressed on any Biglaw attorney’s year-end self-review: financial, professional, and personal. First, the financial….
For lawyers considering solo practice who are married or otherwise paired up, your partner can play a significant role in determining the future success — or failure — of your firm. Yet the role of a solo’s “silent partner” is rarely acknowledged or discussed. Here are some of the ways that a spouse, domestic partner or significant other can help make or break a solo practice.
First, the positives. Most obviously, a gainfully employed spouse can provide financial support to help get your practice off the ground. Even if your spouse’s income doesn’t cover start-up costs like fancy office space or state-of-the-art computers, not having to worry about health insurance or a place to live while starting out will spare you from the financial pressures that force many new solos into poor choices (like accepting an unsavory client or dipping into the trust account).
Still, while your spouse’s or partner’s ability to cover family living expenses can provide some breathing room for new solos, it doesn’t mean that you’ll be living on easy street. For example, if you have substantial student loans that your spouse’s income doesn’t cover, you’ll still have to hustle to earn enough to make repayment if you’ve taken a deferral. And if you were employed prior to starting your law firm and your lifestyle reflected your dual-income status, you’ll still have to scramble for a couple of years to attain the same earnings level that you enjoyed at your earlier position….
Mayor Senator Cory Booker has been in the spotlight for quite some time, and for very good reason. For the prestige-obsessed among us, his undergraduate degree is from Stanford, he attended Oxford as a Rhodes Scholar, and his Juris Doctor is from Yale. He saves both dogs and damsels in distress. To complete this near perfect package, he’s got dashing good looks. And yet, he’s still single… or at least we thought he was, until this morning.
Who is this rising political star rumored to be dating? She’s got beauty and the brains to match…
If you can’t see it in the eyes, then I can’t help you.
Don’t date people you work with. Don’t date people you might work with. Don’t date people you are interviewing. Don’t date people you don’t technically work with, but who work for the same company as you do. Don’t date people who you have to see every day on your way to work. Don’t try to get your date a job at your company. Don’t date people who have dated other people at your company. DON’T S**T WHERE YOU EAT!
Why? Because when (not if) it ends, it’s going to end badly. One of you is going to have to quit. And that’s assuming that both of you are reasonable adults. God forbid if one of you happens to be a crazy person. Then, you’re just going to end up with a shattered windshield and a legitimate concern that you need to find a new job for the summer.
Justice Clarence Thomas famously travels around the country over the summer in his 40-foot recreational vehicle (RV). Since 1999, Justice Thomas and his wife Ginni have visited some 27 states in their RV. According to Mrs. Thomas, “it’s a wonderful life.” The Thomases often park overnight in Wal-Mart parking lots. As Justice Thomas notes, “you can get a little shopping in, see part of real America. It’s fun!”
If spending night after night in an RV is good enough for an associate justice of the United States Supreme Court, it should be good enough for a young lawyer, right? In the latest installment of Lawyerly Lairs, we visit with a Biglaw associate who lives in an RV down by the river….
* Stay tuned after the credits of Captain Phillips to see the part where the crew accuses him of negligence and sues him for millions. [Findlaw]
* Graphs showing the extent of growth in the ten states with the most and least growth in attorneys over the last ten years. The Texas legal market is growing dangerously fast. I sure hope it doesn’t lead to massive layoffs and the shuttering of offices. Weil have to wait and see. [Associate's Mind]
* In Nevada, Heather can now have two (legal) mommies. [ABA Journal]
* The push for the federal government to overhaul the public defender system is gaining momentum. Too bad there’s still no “federal government” to speak of. [NPR]
* Senior lawyers editing their juniors should take it easy with the red pen. A lot of the time, seniors are not editing to improve the product, but to make it sound like they wrote it, and this is the wrong approach. Senior attorneys have a narcissism problem? Never! [At Counsel Table]
* A new blog featuring law school deans discussing legal education seeks bloggers. Which deans will walk into the spotlights to accept the public abuse? [Law Professor Blogs Network]
* The next time you use Tinder to find a hot date, you just might be treated to an advertisement for a plaintiff’s firm. Image after the jump…
If you’re stuck sitting in your office until all hours of the night wondering (a) how you’ll ever meet someone and (b) how you’ll convince them to take a chance on someone who routinely works until 4 a.m. turning documents while a team of lawyers argue over comma placement, well, you’re in luck!
A major online dating site has your back, publishing a listicle designed to convince their desperate readers why they absolutely should date a lawyer. It could be a good opportunity for these online daters to employ ATL’s advice on seducing a lawyer.
Is this thought-provoking, well-crafted advice about dating lawyers? In a word, no…
I actually think I may yet get married — statistically 90% of people get married at some point. But I would say that love and craziness has overwhelmed my life, and I am trying to write about it, and at the same time tell the story of New York City from 1609 to the present.
If your response to someone cheating on you is to file a lawsuit, then you have something in common with the lawyer at the center of this story.
After learning that his fiancée was cheating on him, it was off to the courthouse to bring fraud and intentional infliction of emotional distress claims. A scorned lawyer runs back to the safety and security of a forum that makes him or her most comfortable, I suppose.
After reading the complaint, this guy might just want to cut his losses and consider himself lucky because his ex sounds kinda terrible….
Sydney Leathers, an aspiring paralegal and one of the women behind the downfall of Anthony Weiner (part deux), recently published a guide on how to seduce politicians. Her tried and true methods seem to have worked well for her — not only was she able to sustain the would-be mayor’s sexual urges via text messaging, but she also raked in thousands of dollars from other sugar daddies. To put it plainly, this girl is a pro.
We decided to take a cue from her by creating our own guidebook on how to seduce lawyers. Just follow these five easy tips, and you’ll have him wrapped around your little finger…
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: firstname.lastname@example.org.
We currently have a very exciting and rare type of in-house opening in China at one of the world’s leading internet and social media companies. Our client is looking for an IP Transactional / TMT / Licensing attorney with 2 to 6 years experience. The new hire will be based in Shenzhen or Shanghai. Mandarin is not required (deal documentation will be in English) but is preferred. A solid reason to be in China and a commitment to that market is required of course. This new hire will likely be US qualified (but could also be qualified in UK or other jurisdictions) and with experience and training at a top law firm’s IP transactional / TMT practice and could be currently at a law firm or in-house. Qualified candidates currently Asia based, Europe based or US based will be considered. The new hire’s supervisors in this technology transactions in-house team are very well regarded US trained IP transactional lawyers, with substantial experience at Silicon Valley firms. The culture and atmosphere in this in-house group and the company in general is entrepreneurial, team oriented, and the work is cutting edge, even for a cutting edge industry. The upside of being in an important strategic in-house position in this fast growing and world leading internet company is of the “sky is the limit” variety. Its a very exciting place to be in China for a rising IP transactional lawyer in our opinion, for many reasons beyond the basic info we can share here in this ad / post. This is a special A+ opportunity.
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When Chintan Panchal decided to leave a global BigLaw partnership to start his own firm, he could only hope that he would face the high-quality problem of firm building that many had cautioned him about. Focused on the uncertainty surrounding of a new firm launch, he decided to tackle staffing needs, IT challenges, and financial planning requirements after he had built up his legal practice.
Panchal Associates LLP–a corporate/finance and outside general counsel boutique–was quickly off to a great start. Clients and matters were flying in the door, and Chintan soon had a team of lawyers and staff with a variety of operational needs. To continue building an excellent team and provide them with a competitive benefits package, to expand his physical presence to include a European practice and additional partners, and to scale his operations and IT capabilities to support this growing enterprise brought with it demands of time, money, and expertise. Chintan knew he needed help.
“With the assistance of NexFirm, we have upgraded the capabilities of our firm to meet, and in some cases exceed, the standards we were used to at our former BigLaw firms. Operationally, we can now attract and service clients we didn’t have the bandwidth to support in the past, and continue to build our team with the best and brightest legal talent in the industry,” said Chintan Panchal, adding “It has worked out quite well in our case; NexFirm is an essential partner for us.”
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