Last week, summer associate programs began to draw to a close. After a summer of funextravagance work, summer associates are eager to find out if they’ll be getting offers of full-time employment.
We expect the answer to be yes at most places. Sure, during the height of the recession, no offer rates spiked. But Biglaw firms seem to have corrected that problem. As almost any jobless 3L can tell you, firms simply started hiring fewer people to be summer associates in the first place.
What’s bad news for many 3Ls is good news for those who were lucky enough to snag summer associate positions. You know what they say: getting in is the hardest part. Right?
Above the Law has received various reports from summer associates at Biglaw firms, crowing about 100 percent offer rates….
If you’re bummed about having to shelve your plans for a nice tropical vacation this summer, you’re not alone. According to 43% of survey respondents, this summer is turning out to be busier than the rest of the year.
The top reasons cited for the increased billables are that partners are bringing in more business (63%) and the economy is improving (42%). Some of the other reasons, however, are not as upbeat: respondents report having to pick up the slack for other associates who left their firm voluntarily or involuntarily (28%), or who went on vacation (15%).
Another 30% of survey respondents say that this summer has been slower than other months (while the remaining 27% of respondents report that their workload is about the same as the rest of the year).
Why the work slowdown? Which firms and practice areas are turning up the heat this summer? An which ones are cooling things down?
The summer months can be a mixed bag at Biglaw firms. Some firms are incredibly busy, with trials and deals heating up at the same time. Other firms experience a work slowdown, as partners go on vacation, but try to maintain a façade of being busy while the summer associates are still around.
Now that we’re well into the summer, have you noticed a difference in your work flow compared to the rest of the year? Take our short Career Center survey, brought to you by Lateral Link, and tell us how busy you’ve really been this summer and why (your responses are kept completely confidential). Then check back later this week for the survey results.
So how do firms decide how many summer associates will get permanent offers? Why do some firms have high offer rates, while others tread closer to the 50% offer range? The law firm recruiting process is very similar to the rush process of fraternities and sororities. There are a ton of drinking and “rush events” that summer associates partake in as law firms try to woo in new associates; but on the flip side, summer associates still have to “prove themselves worthy” enough to be accepted in the Brotherhood of Six-Figure Salaries or in the Sisterhood of Big Law Prestige.
Unlike sororities, you will not have to strip down to your underwear as current members take black sharpies and draw marks on the parts of your body that can use some “improvement.” Rest assured, however, that you will still have to work to impress the people at your summer law firm to keep the number of black sharpie marks on your file to a minimum, and ultimately secure that coveted permanent offer….
Recruiting athletes isn’t just for sports coaches. Many law firm hiring partners like to acquire athletes as well. The thinking is that successful athletes possess many of the traits sought in talented attorneys.
Athletes are disciplined, hardworking, and mentally tough. They are focused and strategic thinkers. If they play a team sport, then they probably excel at teamwork too.
So it shouldn’t come as a shock that Williams & Connolly, a firm full of fearsome litigators who love to win, has a great athlete among its 2011 summer associate class. This individual, who has traveled around the world playing his sport, is our latest celebrity summer associate. (We’ve previously profiled actor Wai Choy, a former co-star of Lindsay Lohan, and Phil Alito, son of Sam.)
Who is this star athlete turned Williams & Connolly summer associate, and what sport does he play?
Last week we discussed the art of receiving feedback from your firm. The coin of feedback has two sides — praise and criticism. You learn more from the latter than from the former. If you are a solid citizen who is committed and enthusiastic, you can learn great deal from constructive criticism. You must understand why it is given and what it means. In this week’s Career Center Summer Associate Tips Series, Lateral Link’sFrank Kimball, an expert recruiter and former Biglaw hiring partner, discusses how to best handle criticism over the summer.
Criticism is usually well-intended. Firms want you to succeed; if you are bright, well-liked, and energetic, the natural human instinct takes over. The partners running the summer program want to run a successful program. Experienced lawyers love to find new lawyers who they can bring into their groups or teams. That, in one respect, is what the summer program is all about. Criticism is not delivered in the abstract. It is delivered (1) on the spot when you have made a mistake, (2) at a quieter moment during the project when the assigning attorney has a moment to breathe, or (3) during the regular review process.
Some lawyers are just unpleasant or angry people. Usually, however, the lawyer is angry about your mistake because it disrupted his or her schedule, confused his client, screwed up an issue in a brief, or otherwise made his professional life unpleasant. The lawyer might also be angry because it was his or her fault for not providing enough instruction or sufficient oversight (but don’t you point this out). Depersonalize your reaction and learn from it. Contain your own hostility, rage, anger, and other emotional reactions. Do not head to your office in tears, vent your emotions to other summer associates, or storm off into professional oblivion. At the end of the day, run five miles or bike around the lake. Go to the gym and beat the heck out of a punching bag. Get on Above the Law and yell at Elie for a spelling mistake in one of his posts.
For more tips on handling criticism and making the most out of your summer clerkship experience, click here. For additional career insights, as well as profiles of individual law firms, check out the Career Center.
Welcome back to school, summer associates –- well, not yet — but many of your summer clerkships are coming to an end. With the scent of sweet, sweet money still lingering in the air since spring bonuses were announced, Biglaw summer associate programs are roaring back to life –- or are they?
Are partners partying like it’s 2007, or groveling before their clients like it’s 2009? Are full-time offers being passed out like candy, or hoarded like the world’s last Twinkie? Are future associates (gasp!) no longer going to be subject to deferred start dates, or is your start date contingent upon a group hug between the Democrats and Republicans?
If you are a 2011 summer associate, let us know if it’s okay to go ahead and pop the bubbly by filling out a short survey (as always, responses will be kept strictly confidential), sponsored by Lateral Link.
This year, the celebrity wattage is considerably lower. But there are still a few notable names floating out there (and we welcome additional submissions, by email). For example, we recently wrote about actor Wai Choy, a former co-star of Lindsay Lohan who is now summering at Proskauer in New York.
Our next celebrity summer associate isn’t super-famous in his own right (even though he’s as good-looking as many a Hollywood actor). Instead, he derives his celebrity from a famous father.
Law school isn’t a bad choice or financially ruinous choice for everybody — just for many people.
Given the state of the legal economy, it sometimes feels like law schools are pumping out two classes of law students. The first blessed group of people can follow a “traditional” path to financial security: summer at a Biglaw firm, get an offer, work there for a few years while paying off debt, etc.
The other group consists of the law school have-nots. They didn’t get Biglaw summer associate offers because the supply of legal jobs has contracted while the number of available law students has increased. The “secondary” or “local” markets aren’t hiring either. Public interest work doesn’t quite pay the bills. Nobody is coming to interview them 3L year. They are members of the Lost Generation.
There are, of course, more law school have-nots than there are lucky ones. That’s just the way of things. But law schools tend to trumpet the few stories of success while ignoring the many stories of distress.
We’ve talked about all of this before, of course. But today we have an interesting opportunity to take a peek inside the head of a successful candidate — and see just how myopic his worldview is. And we can look at the thoughts of a have-not — and see just how bitter he’s become.
Below are two emails. One came from a summer associate at Cravath, raving about his wonderful, awesome world. The other is a response written by a rising 3L describing his no good, very bad employment prospects….
Damn, check out the girls from corporate. Schwing!
It’s almost the middle of summer, and it’s hot as hell outside. Partners are starting to relax a little bit, and collars are getting unbuttoned. You think you might have seen someone sporting a pair of flip-flops at the office, but that one was probably a mirage. All of this can mean only one thing: the moment that you’ve been dreading has finally arrived. The invitation to the firm summer party is coming for you — and it might involve a pool or beach.
But do you really want to wear a bathing suit in front of these people? Maybe while you were busy shredding documents this spring, you got distracted and ditched your ab-shredding routine. Maybe while you were trimming the fat from your briefs, you neglected your cottage cheese thighs. And maybe, just maybe, you were lucky enough to graduate from “law school hot” to “law firm hot,” and you’re worried about your colleagues ogling your grand tetons.
Is there such a thing as bathing suit etiquette for a Biglaw summer bash? Apparently there is, so prepare to be de-sexified (as if you’re not undersexed enough as it is)….
The holiday season is upon us, and yet again, you have no idea what to get for the fickle lawyer in your life. We’re here to help. Even if your bonus check hasn’t arrived yet, any one of the gifts we’ve highlighted here could be a worthy substitute until your employer decides to make it rain.
We’ve got an eclectic selection for you to choose from, so settle in by that stack of documents yet to be reviewed and dig in…
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: email@example.com.
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.
If your firm is in ‘go’ mode when it comes to recruiting lateral partners with loyal clients, then take this quiz to see how well you measure up. Keep track of your ‘yes’ and ‘no’ responses.
1. Does your firm have a clearly defined strategy of practice groups that are priorities of growth for your office? Nothing gets done by random chance, but with a clear vision for the future. Identify the top practice areas for which you wish to add lateral partners. Seek input from practice group leaders and get specifics on needs, outcomes, and ideal target profiles.
2. In addition to clarifying your firm’s growth strategy, are you still open to the hire of a partner outside of your plan? I’ve made several placements that fit this category. The partner’s practice was not within the strategic growth plan of my client, but once the two parties started talking with each other, we all saw how it could indeed be a seamless fit. Be open to “Opportunistic Hires.” You never know where your next producing partner might come from, so you have to be open to it. I will be the first to admit that there is a quirky element of randomness in recruiting.
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