Ed. note: This post is sponsored by NexFirm. At NexFirm, we see dozens of new firms launch each year, and we seem to bond with both the people and the practice every time around. Their accomplishments feel like our success, and their disappointments, our failures. It makes for a great professional relationship, but it can also be painful when we see them repeat the same, predictable, new firm mistakes — especially ones that can be avoided with some guidance and forethought.
Attorneys who are launching their own firms tend to wring their hands over every small decision and miss the big picture. You feel overwhelmed, so you want to work feverishly to tackle your to-do list. After a long day full of “doing” without much “thinking,” you feel like you’ve really accomplished something. It’s an easy trap to fall into. It’s crucial to be thoughtful about the big things, set time aside to think about them, and treat them like the other action items on your list.
Start with these, the low hanging (albeit important) fruit:
1. Leave, Don’t Quit.
Focused on the unpleasant task of giving notice, worrying that you might piss someone off or — worse yet — be impeded from transitioning matters, you can easily miss the best marketing opportunity you will ever get. Use your resignation to ask your employer to give you business. Beg them, guilt them, scare them, do whatever you need to do, but make it happen. There is no one that knows you and your work better. If you can’t convince them to help you, in at least some small way, you are in trouble…
Day in and day out, the demands associated with Biglaw grind people up and lay waste to the hopes and dreams that many once had about what it would be like to work as a high-powered attorney. And more often than not, it is the men who are in charge of this “all work, no play” carnival of tortured souls.
From origination credit to salary wars to leadership opportunities, it is usually the men who are accused of pushing women two steps back in the Biglaw regime. But today, we’ve got insider information on some alleged woman-on-woman crime. This time, it is the women who are ripping their female colleagues to shreds. And it’s not just any women; no, it’s the members of the firm’s Women’s Committee who are doing the damage, and trust us when we say that these cats have claws.
Anyone who has worked at a Biglaw firm understands the importance of developing business of one’s own. There is nothing as liberating for a Biglaw lawyer, nor as career-sustaining, as acquiring the proverbial “book of business” that is the golden ticket for a long and lucrative stint as a Biglaw partner.
Of course, acquiring that book of business is an all-encompassing challenge for all but the most privileged of Biglaw attorneys, many of whom resent the fact that it even needs to be done in the first place. In their view, business development is the province of salesmen, not noble professionals, a form of hucksterism that fails to reward the academic and perhaps even legal achievements that brought them into Biglaw in the first place. In fact, many Biglaw lawyers fortunate enough to have cultivated a client base of their own can sometimes be self-effacing or even apologetic about their achievements, particularly when in the company of other Biglaw lawyers — yet another example of Biglaw’s unique ability to render even the most accomplished insecure….
But as it turns out, as reflected in our traffic stats and in various messages sent directly to us, people actually want to learn about methods for staying (or looking) busy while they put in their law-firm face time. Does this mean work is slow? All these unused billable hours don’t bode well for bonus expectations this year.
Anyway, here you go: 7 more ways to kill time while working at a law firm….
Ed. note: This is the latest installment of The ATL Interrogatories, brought to you by Lateral Link. This recurring feature will give notable law firm partners an opportunity to share insights and experiences about the legal profession and careers in law, as well as about their firms and themselves.
Jay Edelson is the founder and managing partner of Edelson LLC, a national consumer class action firm. Edelson LLC focuses on consumer technology, privacy, and banking litigation, and has secured settlements valued at over $1 billion in the last five years. Jay also serves as an adjunct professor at Chicago-Kent College of Law, where he teaches class actions and negotiations. The American Bar Association has called him one of the “most creative minds in the legal profession” for his views on associate training and firm management.
1. What is the greatest challenge to the legal industry over the next 5 years?
It’s one of the things that separates professionals, who exhibit the essence of a professional, from those who are in a profession, but have the reputation of “being all over the place.” This can be the result of having a practice where organization takes a back seat to being busy, or having a life where there’s just too much going on – too many cases, as well as too many committees, too many networking events, too much going on at home – no ability to cut out the things that need to be cut.
There is that phrase that “it doesn’t matter what happens to you, but how you react.” In other words, life either happens to you, or you control it to the best of your ability. As you go through life, especially as a lawyer, saying “yes” becomes routine. “Yes” I’ll take that case pro bono, “yes” I’ll help organize that CLE, “yes” I’ll serve in a leadership position, “yes” I’ll coach Little League. There are only so many hours in a day, yet we as lawyers are routinely finding ourselves overcommitted to both professional and community endeavors. We’ll say “no” next time, or resign from that committee in a few months….
Alright, alright: At one level, it is about the money.
If you’re saddled with $100,000 in student debt and you’re unemployed, some money would help.
But if you’re making $160,000 in your first year out of law school, it’s not about the money.
When I entered the legal workforce, the “going rate” and terms of employment varied regionally in the United States. I chose to work in San Francisco — earning less than the going rate in New York and being entitled to only three weeks of vacation each year, instead of the four offered elsewhere — because I preferred San Francisco to New York. It wasn’t all about the money.
I chose to work at a small firm (I was the 21st lawyer at the joint) — knowing full well that my annual raises would be less at my small firm than they would have been at a large one — because I wanted real responsibility early in my career. It wasn’t all about the money.
When I later moved to one of the biggest firms in the world, it still wasn’t all about the money . . . .
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 judicial clerkship veteran with some helpful advice for aspiring clerks.
It’s open season for clerkships and you’ve probably already been inundated with resources from your law school’s career office. Sure, those are the “official” resources, but don’t you want to know what it’s really like to go through the clerkship application process? This month, I probed the brain of a judicial clerkship veteran to give you the inside scoop.
1. Do you have any interview tips particular to interviewing for a clerkship?
Tied up in the office? You might as well make the most of it.
As the old saying goes, time is money. And in the land of law firms, where the billable hour is king, the saying is literally true. The pressure to churn that bill, baby rack up thousands and thousands of hours is one of the toughest aspects of legal practice. It drives lawyers towards drink and away from their families. (See reasons #7 and #8 of the 10 Reasons To Leave Biglaw.)
But what if you have the opposite problem? In some ways, not having enough in terms of billable hours is worse than having too much. If you’re billing, say, 75 hours a month as an associate, you could find yourself in the breadline before too long. (Partners have more leeway, but even they are hungry for hours nowadays.)
If you’re stuck in the office with nothing to do — and this applies not just to lawyers but to support staff, who are getting laid off partly because there’s not enough for them to do — how should you pass the hours? Here are seven suggestions….
These days, getting a Biglaw job is the golden ticket you need in order to make law school pay off. Thousands of students are paying grossly inflated tuition rates, and a Biglaw salary is one of the only ways those students can reasonably pay back their massive loans.
The problem, of course, is that Biglaw jobs are generally awful. They’re not giving you that money for free. A starting salary of $160,000 right out of law school sounds like a great deal, until you realize that $160,000 is just the going market rate for your eternal soul.
So let’s talk about why you would leave Biglaw. Don’t worry, I know many of you won’t leave, at least not now. But if you can, here are ten reasons why you should….
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