In case you haven’t noticed, things have been quiet on the law firm front. And that shouldn’t come as a surprise: it’s August.
Summer associate programs are largely over (although we still want to hear about fun events and offer rates). Many associates and partners are taking vacation (especially if they have children they want to spend time with before school starts again).
On the litigation side, courts are slow because many judges are away. On the corporate side, some deals have been put on hold due to the gyrating stock market and economic uncertainty. We seem to be turning into Europe, where a good chunk of the population takes vacation for a good chunk of August.
But we still have pockets of law firm news to report, here and there. Today’s dispatch comes from Schiff Hardin, which earlier this month announced an associate pay raise….
Today we bring you two tales of Chicago-area lawyers accused of naughtiness. Chicago is a beautiful city in the summer, but some of its attorneys are facing ugly allegations.
Ladies first. What’s going on with Reema Bajaj, the rather attractive Illinois lawyer accused of prostitution? We’ve mentioned Bajaj here and there over the past few weeks, but we haven’t had hard news about her since June. Is her case any closer to resolution?
Apparently so. A plea deal is near, according to the Daily Chronicle, and Bajaj is scheduled back in court on August 31. As you may recall, Reema Bajaj has been charged with two misdemeanors and one felony. If she pleads guilty to just a misdemeanor, can she keep her Illinois law license? Readers, please enlighten us.
Let’s hear more about Reema from one reader who knows her personally — don’t worry, he’s not a customer — and then learn about another twentysomething Chicago lawyer accused of more-serious criminal conduct….
Last summer, David Van Zandt announced that he was stepping down as dean of Northwestern Law, in order to assume the presidency of the New School here in New York. In the fall, he put his magnificent mansion on the market — for a whopping $4.7 million. (DVZ bought the 6,300-square-foot house, in Chicago’s tony Lincoln Park neighborhood, for $922,550 back in 1996.)
We were impressed. We wrote at the time: “It seems that Dean Van Zandt’s talents extend to real investing as well as academic administration!”
But some commenters were less enthused. Wrote one, “Let’s wait and see how much he actually gets, shall we?” Said a second, “I live in the area…. he will be lucky to get $3.0M.”
We can now report that a buyer has closed on President Van Zandt’s former home. How much did he get for it?
Mistakes happen. Take, for example, the current eyesore in Pioneer Court on Michigan Avenue in downtown Chicago. Sculptor J. Seward Johnson’s “Forever Marilyn” is a 26-foot-tall, 34,000-pound sculpture depicting the image of Marilyn Monroe in the Seven Year Itch. The sculpture has been described as “creepy schlock from a fifth-rate sculptor that blights a first-rate public art collection.” One author seeking to answer the question of what is wrong with the sculpture concluded “pretty much everything,” including that it is sexist, kitschy, and has nothing to do with Chicago. Even @ebertchicago (aka Roger Ebert) is tweeting about this terrible sculpture.
More important than the mistake, however, is how one corrects the problem (except maybe with Marilyn, yuck). Don’t believe me? Check out any of your friends’ favorite quotations on Facebook, and at least one of them will have an inspirational gem.
With summer here, bringing with it a possible loss of focus (and fantasies about being outside), I decided to ask a team of experts how they recover from making mistakes in their practice.
Earlier this week, a tipster wrote to us: “The University of Chicago Law School is suffering from a problem not too different from the one that Antoine Dodson and his neighbors suffered not too long ago.”
Chicago is a long way from Huntsville, Alabama, and the University of Chicago Law School is a long way from the housing projects of Lincoln Park (no, not that Lincoln Park). But the tipster is right: both places have been the site of rape allegations.
Call me cynical, but whenever I read an email detailing thievery happening at a law school around exam time, I assume that the community is dealing with a fellow student who is looking to get an edge on the curve. It doesn’t strike me as random when items, especially laptops or power cords, disappear before or during finals (or even right after finals, if you’re looking at classes where there is some kind of term paper due after the final exam). Students sabotaging other students is something that has probably happened since Litchfield Law School. Thirty years ago, people would rip pages out of books in the library; today, people can lose a semester’s worth of notes when they leave their machine unattended for a brief period of time.
Of course, that’s just an assumption. Thieves come from outside the law school community more often then not. Law school security has to take all reasonable measures to protect the safety and the property of the students.
But what about a “sting” operation? That’s the radical idea being proposed by one student at a top law school recently afflicted by an outbreak of crime…
Another day, and another round-up of terrible job opportunities available to J.D. holders. I think it’s important to continue bringing these jobs to your attention. I think it’s important to have a place on the web where people can go to answer the question: Why is it a big deal if Indiana Tech opens another law school? Somebody needs to keep an eye on what future graduates from such institutions will be doing for a living.
Today we’ve got two God-awful job opportunities. As we’ve said repeatedly, you can’t get on our radar as a terrible job unless you are offering something more interesting than low pay for overqualified individuals (though offering a Depression era hourly wage is always a good start).
Check out these two jobs, which add the insult to injury that unemployed J.D. holders are really looking for…
So this month, we went out of our way to nominate potential Lawyers of the Month who were still breathing. The desire of our readers to bestow this honor posthumously is laudable, but we don’t want to this feature to end up like the “dead people” reel at the Oscars, where folks bet on which deceased celebrity will get the most applause.
Being forced to choose only among living candidates, Above the Law readers perhaps started another trend we’re sure to see in future Lawyer of the Month contests: they voted for a guy who is no longer a practicing attorney…
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…
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.