If you graduated from law school in the late 1990s, you may have warm and fuzzy feelings for Gunderson Dettmer, the high-powered Silicon Valley law firm that represents many startup and technology companies. As you may recall, back in 1999 the firm made waves by offering new associates a starting salary of $125,000 — significantly higher than the $100,000 that was standard at the time.
This pay raise then spread around the country, adopted by law firms nationwide as the new standard. Gunderson’s gutsy move generated goodwill from young associates around the country.
But these days Gunderson is getting some less favorable publicity….
During this recession, there have been a lot of would-be Biglaw associates that have been forced into taking temporary contract work. People have to do what they can to pay the bills.
But in so doing, are they harming their chances of ever getting a full-time job? One recruiting firm thinks they are.
A tipster received a disheartening letter from a legal recruiter:
I submitted a resume to [You Suck] Atty Search nearly two months ago and received this response today. I have passed three bars and have prior firm experience but I am currently working in a contract position. This is the response I got – all I can think is that does this guy really understand what the job market is actually like and how many talented and smart attorneys are currently stuck in contract positions due to the changing market and economics?
Found it to be incredibly condescending.
After taking two months to respond, the recruiter essentially told this candidate that law firms are prejudiced against contract attorneys, notwithstanding the terrible economy…
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 seven years. You can reach them by email: firstname.lastname@example.org.
Please note that Evan Jowers and Robert Kinney are still in Hong Kong and will stay FOR THE REMAINDER OF THIS WEEK. We still have a handful of available slots for meetings with our Asia Chronicles fans. If we have not been in touch lately, reach out and let us know when we could meet! There is no need for an agenda at all. Most of our in-person meetings on these trips are with folks who understand that improving a legal practice through lateral hiring is an information-driven process that takes time to handle correctly.
Regarding trends in lateral US associate hiring in Hong Kong, we of course keep much of what we know off of this blog. Based on placement revenue, though, Kinney is having one of our most successful years ever in Asia. We are helping a number of our law firm clients with M&A, fund formation, cap markets, project finance, FCPA and disputes openings. These are very specific needs in many cases, so a conversation with us before jumping in may be helpful. As always, we like to be sure to get the maximum number of interviews per submission, using a well-informed, highly targeted, and selective approach, taking into account short, medium and long-term career aims.
Making a well informed decision during a job search is easier said than done – the information we provide comes from 10 years of being the market leader in US attorney placements at the top tier firms in Asia. There is no substitute for having known a hiring partner since he/she was an associate or for having helped a partner grow his or her practice from zip to zooming, and this is happily where we stand today – with years of background information on just about every relevant person in all the markets we serve, and most especially in Hong Kong/China/Greater Asia. So get in touch and get a download from us this week if we can fit it in, or soon in any case!
The legal industry is being disrupted at every level by technological advances. While legal tech entrepreneurs and innovators are racing to create a more efficient and productive future, there is widespread indifference on the part of attorneys toward these emerging technologies.
When the LexisNexis Cloud Technology Survey results were reported earlier this year, it showed that attorneys were starting to peer less skeptically into the future, and slowly but surely leaning more toward all the benefits the law cloud has to offer.
Because let’s face it, plenty of attorneys are perhaps a bit too comfortable with their “system” of practice management, which may or may not include neon highlighters, sticky notes, dog-eared file folders, and a word processing program that was last updated when the term “raise the roof” was still de rigueur.