Twenty years ago this September, I started law school not knowing anyone there. More importantly, no one there knew me.
Now, mind you, this was at Boston College Law School, where such things aren’t really emphasized. I mean, it’s not like at that school across the Charles, where people like the Winklevii both wear and file suits. At BC Law, which (at least back then) prided itself on being a kinder, gentler law school, it wasn’t really about who you knew, or who knew you. (Yes, one of those whos should really be a whom, but only someone at Harvard would actually say it that way.)
Still, it’s nice to have people know who are you are, and it’s a useful skill to develop for after school, when you need to know how to market your services as a lawyer.
So three weeks after school started, almost everyone knew my name. You see, I had a secret weapon.…
Sometimes law firm outings can get pretty crazy. It seems like this is especially true in Canada. Who would have thought, eh?
Last month, we wrote about a bottles-and-models party in Toronto that led to one associate losing his Canadian cookies in a cab, and a partner allegedly grinding (inappropriately) on female associates. Maybe those ladies just needed thicker skins or, in that case, booties?
Meanwhile, as we mentioned briefly this morning, a female lawyer in Vancouver did not have a thick enough head. In 2001, Michelle Marie Danicek, then 32, was a law clerk at Alexander Holburn Beaudin & Lang LLP. According to the Vancouver Sun, in April 2001 she went out dancing at the Bar None nightclub, after a firm-sponsored associates’ dinner at an oyster house.
As many of you know, lawyers are not always the best dancers. The lawyers got their grooves on, and one of Danicek’s fellow maladroit associates stumbled into her, perhaps while he was doing the “running man” (that seems Canadian).
This caused her to fall to the ground — and sustain a $6 million injury….
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: email@example.com.
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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