I really hope this Craigslist post can be filed under “ridiculous hyperbole” as opposed to “true story.”
A person has placed an ad on the Los Angeles Craigslist board with the subject line: “I will literally kill myself if I don’t have a job by New Year’s.” The lawyer then goes on to explain his professional experience and to express his willingness to do anything that carries with it a salary or hourly wage.
I’m not at all sure that threatening extreme action is the best way to secure a position as a trusted advisor capable of exercising discretion under pressure. And I think that history has shown that things like hunger strikes are more effective at engendering sympathy than straight-up threats of self-martyrdom.
But it is a tough market out there, and I suppose this is one way to get at least a few employers to give you a second look….
When law deans and other law school defenders talk about the high cost of legal education, they try to justify the price in economic terms. They cite ridiculous and largely unsupported figures about the value of a law degree. They point out the cost of the faculty. Explicitly or not, they don’t see a problem with charging the absolute maximum that the market will bear. They feel no shame for enticing young people to invest in law school by any means necessary, fair or unfair.
But the unreasonable cost of law school doesn’t just play out in purely economic terms. Students who graduate with a mountain of debt pay the human costs of hopelessness, deferred dreams, and often the burden of having to rely on parents long past the point when they had hoped to be self-sufficient.
We tend to focus on the plight of unemployed law graduates, but it’s always important to remember that “winning” and landing one of the few Biglaw jobs out there that even gives you a shot to pay off your debts can be pretty awful too. The high debt makes many law graduates feel like indentured servants, forced to work jobs they don’t want, in order to service their loans.
I think there are a lot of people who will empathize with this law graduate from a top school with a Biglaw job who feels like even death isn’t a suitable way around his law school loans…
* Do you want to be a partner? These 12 simple rules are a good start. (Not featured: Rule 13. Have incriminating pictures of the other partners.) [At Counsel Table]
* The University of Vermont and Vermont Law School are considering a joint “3-2″ degree program. So if you’re 18 years old and positive you want to grow up to be a lawyer, you may soon have a lower cost option. You’re also probably a tool. [AP via Boston.com]
* Can introverts be solo practitioners? It’s an interesting question, but since Growth is Dead (affiliate link) notes that even rainmakers are tragically lacking in sociability, it’s likely that most lawyers across firms are introverted. [Lawpolis]
* St. Louis University Law School has taken over and refurbished an old building in downtown St. Louis. See, it’s possible to run a law school without spending money on MOAR BUILDINGS! [Urban Review STL]
* A poem about CLE. Wait, are there people not doing their CLE online? [Poetic Justice]
* Matthew Martens, the senior SEC attorney who ran the “Fabulous Fab” trial, is leaving the agency. Possible landing spots for Martens include Kirkland & Ellis; Paul Weiss; WilmerHale; Latham & Watkins; and Cleary Gottlieb. [Wealth Management]
* Jamie McCourt, a former family law attorney, strikes out in trying to set aside her divorce settlement with Frank McCourt, former owner of the Los Angeles Dodgers. She’s stuck with $131 million and several luxury homes. #richpeopleproblems [National Law Journal (sub. req.)]
* An inquest reveals that a Hogan Lovells partner who took his own life had warned a colleague that he was going to kill himself the day before his death. [Daily Mail via ABA Journal]
* If you’re in New York this weekend, go see Arguendo. Or buy tickets for the 7 p.m. performance on September 22, when I’ll be doing a talkback with artistic director John Collins after the show. Enter the discount code “ABOVE” for $35 tickets (a special rate for ATL readers). [Public Theater]
It appears that a lone gunman fired on a law office that was somehow involved in a personal injury case that was dismissed over a year ago. No lawyers were in the office at the time. The gunman, after shooting through the door to get into the office, fired multiple shots in the building before turning the gun on himself.
A Redditor whose mother works for the law office posted pictures of the damage and the crime scene. It appears that most of the firm’s employees were out to lunch…
It’s getting close to the July bar exam. After the Fourth of July holiday is really when the pressure and the stress increases. It’s not a fun time as most exam takers have much of their professional futures invested in passing this exam.
That pressure can be overwhelming for an otherwise healthy individual. But if a person is trying to go through it while dealing with some mental or emotional issues, the bar exam can be downright dangerous.
A sad story about a student who apparently took his own life while preparing to take the exam for a third time has been making its way around the internet. Some lawyers are hoping this death will inspire law schools and bar associations to be more aware of the problem and act to help young people at risk…
Today we’ve got some somber news out of Washington, D.C., where Paul Mannina, a Labor Department attorney who worked in the Division of Plan Benefits Security, was found dead in his jail cell. This isn’t your everyday lawyer death. Mannina was being held because a judge found him to be a danger to the community — you see, this labor lawyer was accused of brutally beating and sexually assaulting his coworker, a fellow attorney.
Authorities have not yet classified Mannina’s death as a suicide, but just hours prior to his death, he was denied release from jail to seek mental health care. Continue reading for some additional details about the underlying case and the grisly scene in Mannina’s jail cell…
The classic version of lawyer suicide (and yes, it happens so often in this profession that there are “classic” representations of the problem) is the big-city lawyer who sold his soul, and possibly his ethics, who kills himself when the authorities come circling. Another tired trope is the hyper-stressed lawyer working in a high-rise who jumps out of a window when he loses a big case or a big client. Or maybe you think of the over-achieving law student who throws himself in front of a train or off of a bridge during exam season.
Lawyer suicide is so common that I think a disproportionate rate of early, self-inflicted death is just considered part of the price of doing business. Maybe hazard pay should be built into lawyer salaries like it is for race car drivers or test pilots.
But the longer I cover the legal profession, the more I learn that lawyer suicide is happening more than I think, in places where I wouldn’t expect it. Today’s sad piece is about a rash of lawyer suicides in a small state…
Banks need panic buttons. Jodie Foster needs a panic room. I only panic when it’s nine in the afternoon. But the thought that American law schools should have a panic button in their career services office didn’t occur to me until I attended the NALP panel on spotting mental health issue in the law school community.
I thought I was in for a touchy-feely hour about how it’s wrong to exclude the awkward gunner in the front row from all the reindeer games. Instead it was a sobering medical breakdown of the mental illnesses that afflict 20 percent of law students — and what career services officers can do to help stop people from literally killing themselves, which happens at way more law schools than I realized.
And yeah, your CSO should probably get a panic button installed if it doesn’t have one already….
Elie’s story earlier today about Cynthia Wachenheim, a Columbia Law School graduate and New York court attorney who took her own life and almost killed her infant son, has generated a lot of controversy. See, for example, the more than 100 comments on the original story.
Here at Above the Law, we believe in providing a wide range of viewpoints on different issues. Keep reading for a detailed and heartfelt message from a friend of Wachenheim who provides a counterpoint to Elie’s point of view….
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
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: