Not shown: the empty bottle of Jack in this guy's carrel.
Last week, I derisively noted that legal blogs were pushing a silly story in U.S. News about great careers that you can pursue with a law degree. No matter how bad legal hiring gets, law schools like pushing the “you can do anything with a law degree” angle, based on the anecdotal evidence of those who were lucky enough to parlay their J.D. degrees into something non-legal.
As we mentioned yesterday, on-campus interview season has started at law schools all across the land. We’re happy to serve as your one-stop shopping center for all things OCI. Just send us an email (subject: “OCI”) about the things going on at your school that deserve more attention.
Today’s news is on the funny side. It appears that the wild and crazy kids from BYU Law are taking the stress of OCI in stride….
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….
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 protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months, and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.
The evolution of relationships between the genders continues. Currently, in law firms, there is an interesting conundrum; balancing the desire for a gender-blind workplace where “the best lawyer gets the work and advances” and the reality of navigating the complicated maze created by the fact that, in general, men and women do possess differences in their work styles. These variations impact who they work with, how they work, how they build professional connections and how organizations ultimately leverage, reward and recognize the talents of all.
Henry Ford sat on his workbench and sighed. A year earlier, he had personally built 13,000 Model Ts with his own hands. Fashioning lugnuts and tie rods by hand, Ford was loath to ask for help. Sure, there were things about the car that he didn’t quite understand. This explains the lack of reliable navigation systems in the Model T. But Ford persevered because he knew that unless he did everything, he could not reliably call these cars his own.
“Unless my own personal toil is responsible for it, it may as well be called a Hyundai,” Ford remarked at the time.
The preceding may sound unfamiliar because it is categorically untrue. And also monumentally stupid. Henry Ford didn’t build all those cars by hand. He had help and plenty of it. Almost exactly one hundred years ago, Henry Ford opened up the most technologically advanced assembly line the world had ever seen. Built on the premise that work can be chopped up into digestible pieces and completed by many men better than one, the line ushered in an age of unparalleled productivity.
Today, an attorney refers business because he can’t do everything the client asks of him.
There are three reasons why this is way dumber than a made-up Henry Ford story…