Man it’s been a rough week around here at ATL. With the addition of Eric Turkewitz, or as I call him, E.T., I now see you all weren’t kidding when you told me the only reason I was here was because Lat and Mystal just go down the alphabet.
I was also invited to experience misery at its peak have drinks with Elie during his visit to South Florida where he continued to call B.S. spoke on a panel to a conference of “all our graduates get jobs” law school admissions folks and apparently experienced what can only be described as “commentariat live.”
Our meeting was just your typical conversation between an angry short Jewish lawyer from Miami who successfully overcame academic probation at a state college and third-tier law school and a big fat black guy with dual degrees from Harvard. We left before the Boca Raton Resort and Club noticed we were there.
Here at Above the Law, we frequently write about lawyers and law students who have put their legal careers on hold to compete on reality television shows. In the past year or so, we’ve profiled two former Bachelor contestants whose hearts were broken (one from Illinois Law, and one from Houston Law Center); a Harvard Law student who tried to win over his tribe on Survivor; a Northwestern Law student who attempted to weasel his way out of getting fired on The Apprentice; and a former Biglaw attorney whose health-food dishes made the judges want to choke on America’s Next Great Restaurant.
That being said, imagine our surprise when we found out that yet another attorney had decided to make a foray into the wonderful world of reality TV. If you recall, back in May, we brought your attention to a job advertisement for an attorney chef. We thought that was a unique career alternative, but apparently someone had already beaten us to the punch. The latest lawyer turned reality competitor actually is an attorney chef — one who will appear on the new season of MasterChef, which is set to premiere tonight on Fox.
So who is this attorney chef? Was he able to roast the competition like he would have during oral arguments?
At the end of last week, I wrote about an interesting campaign video for Jim Foley, an attorney running for a state judge position in Olympia, Washington. At first I wasn’t sure what I thought about it — was it ridiculous, or awesome, or both? But the longer the video’s rap hook stays in my head, the more sure I am of how great it is.
So, imagine our pleasant surprise here at ATL when we got an email over the weekend from Jim Foley himself. He provided a couple of interesting details about his campaign ad: who’s the mysterious rapping woman? Who were the boys sharing his delicious stew? What exactly are the lyrics to the song?
Let’s take a break from the sad and serious story of Dewey & LeBoeuf’sdownfall and turn (or return) our attention to another kind of going down. In more salacious, racy fare, we bring you updates about female legal eagles who have flown high in these pages before — and now might find themselves crashing earthward.
The first is Reema N. Bajaj, a beautiful young Illinois lawyer who has been accused — perhaps unfairly — of prostitution charges. The second is Madam Justice A. Lori Douglas, a Canadian judge whose nude photos made their way to the internets.
So what’s the latest news about Bajaj and Douglas? Here’s a hint: What does each share in common with Bill Clinton?
There comes a time in all associates’ careers when they stop and do the math. They think about their salary, bonus, and benefits. They think about their billable hours. They multiply their billable hours by their billable rate and suddenly they think, hey, WAITAMINUTE. My firm makes threefour five times what it pays me!
Like any other salaried employee, the more hours an associate works, the less they make per hour, bonuses notwithstanding. They might not mind so much if they’re also bucking for promotion, i.e., up for partner. Regardless, at some point, every associate thinks, “if only I were paid as much per hour as I bill per hour . . . .”
That moment for me was the epiphany that ultimately led to helping form my own firm. But since that time, I’ve also been able to see the other side of the fence, so to speak. There are a lot of reasons — some obvious, and some less so — why the math isn’t quite as simple as it seems….
Valentine’s Day is right around the corner, and for some people, it represents a time to serenade a sweetheart, pop bottles of champagne, and stare dreamily into the eyes of Mr. or Ms. Right (or Right Now, as the case may be). For others, Valentine’s Day is a time of loneliness and despair — angry, bitter lawyers, we’re looking at you — where only the commiseration of other single friends can lift one’s spirits.
For others still, Valentine’s Day is a time to ponder how their spouse got so fat, and why they decided to marry such an obnoxious, sniveling idiot. For the last category of those who will be celebrating lamenting Valentine’s Day this year, we’ve got a possible salve for your marital woes.
As we mentioned in Morning Docket, those who hope to dodge Cupid’s arrows this year can enter a contest in the hopes of winning a free divorce. There’s just one catch….
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.
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