Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Ian E. Scott offers 10 valuable pieces of advice for Biglaw summer associates.
While a full-time job at a large law firm is not for everyone, a summer at one is highly recommended. Even if you are not sure if you have an interest in practicing at a large firm after the summer, a summer at one is a great experience and you will be paid around $35,000 for the summer. You should be careful though, because many who have summered at large corporate firms and swore that it was just for the summer, often must have drank the Kool-Aid and went back after graduation. If you have decided to work for a top law firm during the summer here are a few things to consider.
1. You will likely get a job offer but do not take it for granted.
Ed note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Ann K. Levine, a law school admission consultant and owner of LawSchoolExpert.com, offers helpful tips for law school applicants.
Spring is finally here and after a rough winter in most of the country, you’re probably longing for the lazy days of summer. But if you’re planning to apply to law school this fall, there are some things you should consider doing before you book that trip to the beach.
Your first summer homework assignment is to make sure you understand the law school admissions process and timeline. You can visit the Law School Expert blog for an overview of the process and a sample law school application checklist.
Once you have a good understanding of the mechanics of applying to law school, you should consider your motive in doing so. I challenge you to take this summer to explore whether the law is right for you — and I mean the reality of what it means to be a lawyer, not what you think you know from watching House of Cards.
Three of your Above the Law editors — David Lat, Elie Mystal, and Joe Patrice — recently sat down in the ATL offices to discuss the law firm recruiting process. After on-campus interviews and callbacks are done and a student is weighing multiple offers, how should he or she pick the right firm?
The gang weighs in with this short podcast after the jump. Good luck to all those who are still interviewing or choosing between offers….
Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Sunny Choi interviews a fifth-year associate at a Biglaw firm who has some advice for summer associates.
If this is your 2L summer at a Biglaw firm, then you’re probably reveling in a copious number of three-hour lunches and nightly open bars, courtesy of the firm’s unofficial summer wallet. However, as a summer associate, this is also your time to make a lasting impression on the firm where you’ll most likely settle down for the next several years of your legal career.
I’ve conducted an unofficial interview with “Lady G,” a fifth-year associate at a certain Biglaw firm in Manhattan. She has kindly offered tips on how to be a stellar summer associate, based on her experience serving as an assignment coordinator for the summer associate program and working with summers in general.
How big is the summer associate program at your firm?
Pretty big, I would say 100+ associates divided into six teams. Each summer gets matched with an associate mentor and a partner mentor.
Could you describe your role as an assignment coordinator for your firm’s 2011 program?
I’m trying to imagine what I would have done if a summer had approached me at a firm event and said, as suggested: “I’m working on an IP matter with Joe. Your IP practice was one of the reasons I chose the firm, and I am researching an interesting X issue.”
As a writing trainer for dozens of the nation’s top law firms, I’ve learned first-hand where summer associates go wrong and how to help them succeed.
Here are ten tips:
1. Take a deep breath.
Despite the vagaries of the legal market, the basics haven’t changed: The partners want you to succeed. You wouldn’t have been hired unless you had the legal skills to handle your projects this summer. And unlike the economy, the way you write is entirely within your control.
2. Where am I going?
In this BlackBerry age, supervisors often forget to relay key information. Avoid such misconnects by getting answers to these five questions before you start: (1) What format do you want? (2) How long should the final document be? (3) How much time should I spend? (4) Can you point me to a document I can use as a model? and (5) What will you do with my project after I submit it?
3. Cover your . . . bases
Each time you get an assignment, send your supervisor an e-mail summing up your understanding of the project. Attorneys are text people, so seeing your write-up might help your supervisor steer you onto the right track before it’s too late.
As a new summer associate, you must have heard many a horror story about your predecessors, including tales of fashion disasters. For example, do you remember the boozy Milbank SA who supposedly showed up to events wearing an Olympic jumpsuit? How about the girl who wanted to march around her firm with a $9,000 Birkin bag? As this year’s summers descend upon Biglaw firms across the country, we thought that we might be able to offer you some assistance to prevent you from committing comparable crimes of fashion.
To accomplish this feat, we’ve teamed up with none other than Anna Akbari, the “thinking person’s stylist,” to help you make it through the summer. You don’t want to wind up as a bullet point on Weil Gotshal’s“unacceptable” list….
Law school deans — as well as other administrators, and law students — obsess over law school rankings. It’s understandable why deans fixate on rankings; for better or worse, it’s their job.
But what about law students? Should they put so much stock in rankings? Do people, specifically employers, pay too much attention to where an applicant went to law school?
May is graduation month. Once you’re out in the real world of legal employment, do folks actually care where you went to school? That’s the topic for the latest installment in the ATL career advice webcast, sponsored by the Practical Law Company: Does your law school matter?
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
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: