Now that you’ve figured out what to give your secretary this holiday season, what about the lawyers in your life? Many of you have friends or family members who are lawyers or law students, and if you haven’t done so already, you need to get them — forgive the expression — Christmas presents (or holiday gifts, if you prefer).
Lawyerly types can be tough to shop for. As we’ve previously discussed, lawyers aren’t great about giving gratitude, and they’re often very critical — so your gifts might not be warmly received. Also, many lawyers earn good incomes, meaning that when they actually need or want something, they often just go out and buy it themselves (or let their firm to buy it for them — e.g., the iPad).
So what should you get for the lawyers in your life this holiday season? We have some suggestions….
It’s the most wonderful time of the year… for a legal secretary / administrative assistant. Law firm partners are getting their end-of-year distributions, associates are getting their bonuses, and some of this bounty will be shared with their secretaries, in the form of Christmas — er, holiday — gifts.
What should you get your secretary as a holiday present? It’s a familiar question that comes up every year. Here’s an open thread where you can discuss and compare notes with your peers. We’ve also included a reader poll at the end of the post.
Let’s start the conversation with some preliminary observations….
Think back, if you can, to August 30, 2006. It was a very different time: George W. Bush was still president, the economy was still booming (even if some of that prosperity was illusory), and the starting salary for most associates in large New York law firms stood at $145,000.
Today we are delighted to be celebrating ATL’s fourth birthday (or “blogiversary,” as some in the blogosphere like to say; but the word “blogiversary” is even uglier than the word “blogosphere”). We’d like to thank all of you — our readers, our tipsters, our sponsors, and our friends — for your support over the years.
To celebrate and to thank you, we’ve decided to extend the special Gilt Groupe menswear sale for Above the Law readers (previously mentioned here). It was supposed to have ended yesterday, but due to popular demand — hundreds of items have been purchased, such as this Thomas Pink necktie that Lat bought, and many selections are sold out — we’re extending the sale through Thursday, September 2, at midnight. To browse the store, click here.
Once again, dear readers, thank you. This site would not be possible without your visits, your tips, and your generous patronage and support.
P.S. Several of our women readers have asked us when ATL will have a women’s wear sale. Fear not; we’re working on special deals for the ladies as well. Keep an eye out for them in the future.
Earlier today, on the Senate floor, debate took place on whether to confirm Solicitor General Elena Kagan as the nation’s 112th Supreme Court justice. The Kagan nomination is not very controversial, due to the nominee’s impeccable credentials and the Democrats’ 59 votes in the Senate.
In the legal blogosphere, a far more divisive debate is raging, over a subject just as important as confirming the fourth woman ever to the Supreme Court: Are peep-toe shoes appropriate professional footwear? Can female attorneys wear them to the office? What about to court?
The debate was ignited over at The Careerist, by Vivia Chen (no style slouch herself — not many legal journalists own floor-length mink coats). Chen recounted this anecdote:
Waiting in line in the ladies room at the Waldorf Astoria Hotel recently, I heard this discussion: “In my day, I always wore pumps to court,” said in a woman in her fifties. “Can you believe this associate went to court with open-toe shoes?” Her companion shook her head, then asked: “How did she do?” The first woman replied, “Her work was good, but her shoes weren’t right.”
Chen then surveyed a number of lawyers, from around the country, and they could not reach a consensus on the appropriateness of peep-toe shoes. The debate continued over at the ABA Journal, where a post by Debra Cassens Weiss generated a flurry of comments.
Given that so many law firms are business casual nowadays, it is probably safe to wear peep-toe shoes to the office. The fashion guidelines issued by the New York office of Weil Gotshal, for example, officially bless “open toe or open heel shoes.” (Still unacceptable: “Athletic shoes, clogs, beach shoes, flip flops, beach shoes.”)
But what about wearing peep-toe shoes to court? On this subject, we decided to turn to the experts: namely, a panel of fabulous female federal judges….
Administrative Professionals Week is upon us — ignore it at your peril. While senior partners might be able to pass the week off with a slap on the bum for a job well done, the associates among you would be wise to throw some cash at those who make your office run.
The official day on which you need to make a financial display of appreciation is Wednesday, but people are supposed to be nice to their secretaries for the entire year week.
Given the recession and general market uncertainty, some lawyers might be tempted to cheap out on administrative professional recognition. But surely even the most hardened associate understands that the recession has been much tougher on administrative personnel than it has been on practicing attorneys. Right?
This should sound familiar to many of you: After several years of practicing law, a San Francisco lawyer has come to regret the decision to go to law school.
Unlike many of you, this lawyer has decided to try to hawk their law degree on Craigslist. From the “For Sale – Collectibles” section of SF Bay Area Craigslist:
Though I spent over $100,000 on it I am willing to sell it for the bargain basement price of $59,250, which is the current value of my remaining student loan balance.
This priceless collectible will permit you to be surrounded by hobby-less a**holes whose entire life is dictated by billing by the hour and being anal dickheads. Additionally, this piece of paper has the amazing ability to keep you from doing what you really want to do in life, all in the name of purported prestige and financial success.
As we previously reported, a sizable portion of the art collection of defunct law firm Heller Ehrman was sold at auction yesterday. The auction took place at Bonhams in San Francisco, before a standing-room-only crowd.
We submitted absentee bids on the following:
lot 1, Pale Orange Begonia (we bid $500; it sold for $1,159);
lot 2, Glass of Water (we bid $500; it sold for $671);
lot 99, Lover of Time (we bid $800; it sold for $1,830);
lot 210, Bonsai and Bicycle (we bid $1,000; it sold for $4,575); and
lot 290, Return of the Rice Cooker (we bid $2,000; it sold for $5,185).
All of the items we bid on went for well above their high estimates — bad news for us, but good news for Heller creditors. How much dinero did the auction generate in total?
If you’ve always wanted to own a piece of defunct law firm Heller Ehrman, today is your lucky day. A sizable portion of the firm’s art collection is hitting the auction block in about an hour, at Bonhams & Butterfields in San Francisco.
We previously covered a prior Heller art auction, here in New York, but that sale involved just a handful of pieces. The auction taking place today — and starting very soon, at 10 a.m. Pacific time (or 1 p.m. Eastern time) — is much larger in scope.
So what’s up for sale? And how can you get a piece of the action?
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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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.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
The traditional job application and interview process can be impersonal, and applicants often struggle to present themselves as more than just the sum of their GPAs, alma maters, and previous work history. ATL has partnered with ViewYou to help job seekers overcome this challenge. ViewYou NOW Profiles offer a unique way for job seekers to make a personal, memorable connection with prospective employers: introduction videos. These videos allow job candidates to display their personalities, interpersonal skills, and professional interests, creating an eDossier to brand themselves to potential employers all over the world. Check it out today!