You’ve graduated from law school. Congratulations! There’s just one small problem: you’ve now got six figures of debt attached to your name, and you have absolutely no idea how to pay it all off. You’re determined to do it, though, come hell or high water.
Having a modest income, you signed yourself up for income-based repayment. You thought (perhaps mistakenly) that it would be the best option for you. You want to get all of your financial ducks in a row so that you’ll be able to make the most of your future.
Alas, your Mint account just told you that you’re doomed…
There is plenty of negativity surrounding Biglaw nowadays. Time for a little positivity, with some help from the audience. I want to hear about young partners in Biglaw who are making a difference in their firms, for their clients, or in the lives of their colleagues. Good examples for us to learn from and emulate. If you know of someone deserving of recognition, let me know. The nominations will be kept anonymous, and I will only follow up with the permission of the person doing the nominating, and the nominated young partner as well.
Ground rules? Age matters. The younger the better, if only because the younger the partner the longer the potential Biglaw career. And nominees must be succeeding within the Biglaw framework. This is not a generic “great young lawyer” award. I know there are plenty of great young lawyers out there. I want to know about the ones doing cool things within the Biglaw framework. The same framework that usually skews older than your typical post-golf round brunch at a Scottsdale resort.
What kinds of cool things? Succeeding at business development, and especially helping others do the same. Using technology in a way that improves client service, and the lives of colleagues as well. Introducing new management techniques to a practice group, or teaching associates the skills that they need to move forward. All the things that we used to expect older partners to do, before clients decided to add a zero to the profits-per-partner of many firms, and everyone from Biglaw’s gold-laden generation developed the attention span of a four-year old with a confiscated iPad when it came to anything other than money. Take a broad view. There are at least one or two such innovative, dynamic, and pleasant junior partners at every Biglaw firm. Let’s hear about them….
A few years ago, we wrote a story about a law firm with a drive-thru window, lamenting the inevitable future of the legal profession. Instead of passing burgers to customers through the window, lawyers exchanged documents and quick legal advice with their clients. The only thing missing was the familiar Golden Arches — although we suspect a law firm would prefer green dollar signs instead.
Another law firm took it one step further, and appointed Ronald McDonald himself to hail passersby in the hopes of using his fast food charm to lure would-be clients into the office. Would you like fries with that?
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.
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.
We at Kinney Asia have made a number of FCPA / White Collar US associate placements in Hong Kong / China thus far in 2014. Most of such placements have been commercial litigation associates from major US markets, fluent in Mandarin, switching to FCPA / White Collar litigation. Some have already had FCPA experience, but those are difficult candidates for firms to find (this will change in coming years as US firms are now promoting FCPA / White Collar to their 2L summers who are fluent in Mandarin and have an interest in transferring to China at some point).
Legal Week quoted Kinney’s Head of Asia, Evan Jowers, extensively in the following relevant article here.
There is a new trend in the market, though, where mid-level transactional US associates, fluent in spoken Mandarin and written Chinese, are interviewing for and in some cases landing junior FCPA / White Collar spots in Hong Kong / China at very top tier US firms.
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.