It’s March, and for most law school 3Ls, thoughts of graduation are constant. With the semester quickly drawing to a close, 3L-itis has set in. Some of you know the symptoms all too well: extreme apathy, laziness, and a general repulsion to all things law-related. Class today? Screw it. Deadline coming up? Meh.
But just when 3Ls thought they could make it through the rest of the semester by doing only the bare minimum, a challenger appears, armed with emailed threats of sending them all back to 1L.
Apparently, some 3Ls at this first-tier law school had forgotten to fill out a form necessary for graduation. In response, an administrator took it upon himself to send out what some tipsters have construed as the most “obnoxious and sarcastic email” ever written. Except he sent the email to the wrong people….
And be careful about what you place in the trash. Law firms have paper shredders for a reason; use them. Consider this your practice pointer for the day.
Earlier this month, an ATL reader sent us a collection of documents relating to Sullivan & Cromwell’s on-campus interviewing program at the University of Michigan Law School. For the record, our tipster didn’t have to go dumpster diving for this find. The documents were contained in a black binder that was conveniently placed on top of an outdoor recycling bin, where it caught our reader’s eye. (As we all know from California v. Greenwood, you have no reasonable expectation of privacy in stuff you leave in the trash.)
So, what was in these documents? The contents will be of interest to partners and associates at other firms, as well as law students going through the OCI process right now….
It is crunch time for 2Ls and 3Ls. You’re awash in information — some of it concrete — but much of it ambiguous, amorphous, and second-hand, at best. The dissonance of hearsay collides with the harmony of recruiting. This year, perhaps more than any in the past ten years, Lateral Link’sFrank Kimball, an expert recruiter and former Biglaw hiring partner, has heard stories of “negative” recruiting.
A lawyer with Jones and Brown disparages Johnson & Smith. While any professional recruiter worth his or her grain of salt would never condone such a tactic, several attorneys consider it an effective manner of recruiting. Word to the wise, if the best feature of the firm is the interviewer disparaging other firms, run away!
Negative recruiting takes many forms, but usually appears in one of the following forms….
Today we bring you information about another program that’s hiring graduating law students. The good news: the work/life balance is good, as are the benefits and the pay (six figures). The bad news: these positions aren’t easy to land.
Ladies and gentlemen, on-campus interviewing season is upon us. Rising 2Ls are already making their way back to campus, eager to start on a process that will hopefully land them jobs. OCI isn’t how all law students get their post-graduate jobs, especially if they want to work for small law firms, but it is what students should do if they want high-salaried, Biglaw jobs.
That’s the way it works for 2Ls.
Five years ago, 3Ls who (for whatever reason) didn’t have Biglaw jobs lined up after their 2L summers could go back to school and interview with firms looking to hire them for the summer after graduation.
But here in 2011, things are rough going for 3Ls.
How bad? Take our reader poll below and let’s find out….
It’s a familiar refrain around these parts: it’s tough to find legal employment, unless you got into one of the top law schools. The prevailing wisdom is that students at the “best” (i.e., highest-ranked) law schools have been protected from the recession-dampened job market facing recent graduates of most American law schools. “HYS” (Harvard, Yale, Stanford), “CCN” (Columbia, Chicago, NYU) — these law schools are thought to be safe bets for people who would like to be employed upon graduation.
But are they?
We know that things aren’t as bad for students at top schools as they are for people attending schools that are not ranked as highly by U.S. News. But that doesn’t mean a degree from a “T6″ school parts the jobless sea and leads graduates to the promised land of gainful employment.
In fact, at this late date in the law school calendar, we know that there are 3Ls at great schools staring into the abyss of post-graduate unemployment. The proof comes from the charity that employed students are trying to extend to their unemployed brethren…
While there are students enjoying the good life as summer associates, many rising 3Ls are staring into the abyss of entering 3L recruiting without a post-graduate job lined up. At the University of Michigan Law School, the office of career services is preparing students for just how abysmal the abyss is going to be:
As you look at the employers coming to campus to interview 3Ls, some of you may be feeling quite frustrated at the number of employers willing to interview you as a 3L when there were far more willing to interview you when you were a 2L. Unfortunately, in the next few weeks there may be even more firms that cancel or reduce the number of interview slots they want reserved for 3Ls.
Welcome to “the suck,” my friends. I hope you brought your BFG…
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
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: