I shouldn’t laugh at this. A recent law school graduate got completely screwed by her own father and I shouldn’t find it so funny.
But I do. I find it goddamn hilarious. The student actually got a clue halfway through law school and decided to drop out. But her father convinced her to stick it out by promising to pay her tuition. She finished, she graduated, and when it came time to pay the bills, Daddy said, “Sorry, I lied.”
Ha. Hahahahaha. When will law students learn that EVERYBODY IS LYING. You know, except me. EVERYBODY ELSE IS LYING…
How often do you stop to think about the ubiquitous “Made in China” label? If you’re a China lawyer, you should think about it almost every day.
To convince recalcitrant clients of the need for product liability protection for the products they are having made in China, I sometimes send them the following deposition questions asked of a U.S. manufacturer whose China-made product had badly injured a child:
Let’s play the game where we spot unenforceable contractual clauses and laugh at people who are afraid of modernity.
Actually, let’s play the game where we marvel at how good it must be to be a university president, even at a small school that most people have never heard of. Then we can imagine all the personal freedoms we’d willingly give up if we could in order to have such a life. Because I can think of a number of unmarried women who would cede control of their bedroom to the state in order to have such a sweet job….
Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Kristina Tsamis shares some career advice for JD/MBAs from a panel discussion hosted by Duke Law in conjunction with other peer law schools.
We spend a lot of time discussing the dismal employment outcomes for JD grads. Things aren’t so rosy for MBA graduates either. To talk about a dual JD/MBA degree in this context seems like a double fail — a one-two punch of more work and potentially more debt in exchange for the same sad outcome.
Enter the panelists of How to Use the JD/MBA Degree in Business and Entrepreneurship: all JD/MBA graduates who touted the usefulness of a dual degree during a discussion hosted by Duke Law in conjunction with other peer law schools. The panelists centered their advice on four main areas: what to focus on while pursuing the dual degree, how to select a good mentor, how to interview well, and how to stop being risk-averse.
1. Maintain the Right Focus as a JD/MBA student
That class in early English case law will leave you painfully ill-equipped for the modern practice of law. But there are some courses you should be paying attention to, both on the JD and MBA side.
If you’re an avid watcher of reality television and you’re a fan of Gordon “F**king” Ramsay’s charm, then you probably saw the episode of Kitchen Nightmares that featured Amy’s Baking Company. You see, their food and service didn’t suck; all the Yelpers who gave them horrible reviews were liars. If you’re not familiar with what happened, Chef Ramsay walked out on owners Amy and Samy Bouzaglo — who were seen pilfering servers’ tips, physically fighting with and threatening customers, and acting in an otherwise delusional way — because they were “incapable of listening.”
But what happened after the show aired is every rabid social media addict’s dream: when they received an even greater amount of negative reviews on Yelp and Reddit, the Bouzaglos took to their Facebook page to settle the score as politely and as delicately as they could manage See e.g., “PISS OFF ALL OF YOU. F**K REDDITS, F**K YELP AND F**K ALL OF YOU.” They really are lovely people.
Apparently the couple behind the self-immolating restaurant were planning to host a news conference today to speak about their experience on the show and its aftermath (and to pimp their bistro’s reopening). More than 1,500 people tried to snag a reservation to watch the expected insanity unfold.
Enter the lawyers at Davis Wright Tremaine to wag their fingers in Mutombo-esque fashion with threats of liquidated damages…
I was working on an agreement yesterday with a contract specialist. Many companies have contract “specialists,” especially in the procurement area, who vet language and negotiate with vendors or buyers up to and until the point where legal assistance becomes necessary.
The problem with this model is that as these specialists, especially in procurement, become proficient in their positions, they can fall into the trap of thinking they are lawyers….
Today is Valentine’s Day, and lawyers as Type-A creatures are wont to plan every aspect of their date in advance down to the very last detail. Mmm, what a mood killer. Some lawyers may take their planning to the extreme, and offer their dates the opportunity to become contractually obligated valentines.
And now there’s a solution for even the most uptight of legal eagles: you can go one step further and draft a memorandum of understanding as to each party’s obligations — before the date, during the date, and after the date, up to and including the shaving of “appropriate areas” (wink wink, nudge nudge).
If that’s not a total panty dropper, we don’t know what is….
As you will see, it’s not all about the money in life: it’s about health, love, respect, happiness and then at some point about the money, which is the only thing that will survive all of us.
– Emel Dilek, the pulchritudinous plaintiff who is suing her former employer for breach of contract. Dilek was the mistress of the company’s former chief operating officer, who hired her; after he passed away, the company fired her.
(A closer look at this sexy plaintiff and her salacious suit, including some rather amusing deposition excerpts, after the jump.)
Business relationships are kind of like marriages. In the beginning, everyone’s excited, and life is fresh and full of promise. “Things are really going to change around here,” you think. You know that you’re going to need to make some adjustments, some compromises, but it’s all going to be worth it. You ignore small warning signs, such as the fact that your partner sometimes seems to spend a lot on discretionary items. (But at least he only bought nine pairs of Prada shoes during the trip to Italy instead of the 23 he really wanted.)
Then, as you settle into a routine, you may find that, well… things aren’t exactly as you had expected. There are minor annoyances — things that make working together take more time, communication, and effort than you had thought.
And unfortunately, like some marriages, one or more parties figure out that the benefits of the relationship don’t outweigh the negatives, and decide to part ways. You decide that 18,000 pairs of designer shoes is definitely an indication of a problem. Sometimes, the decision to separate is fairly mutual. Other times, one partner is desperately clawing out from under a pile of fancy footwear that the other only continues to build up.
Also like many marriages, at the start of the business relationship, nobody wants to think about how it will end. Ninety-nine percent of engaged couples won’t touch a prenuptial agreement with a ten-foot pole because they absolutely KNOW that they’re truly in love, and no way are they in the group of the more than 50% of married couples who will part before death.
Similarly, nobody likes to think about the business “prenup” (i.e., the termination/transition provisions in a contract) for more than a few microseconds. For example, there’s the uber-lazy version of a catchall survival provision that makes it into some contracts. It basically says as follows: “Everything in this agreement that’s intended to survive termination will survive”….
* For a married man, it’s a day when you can only get in trouble for underperformance.
* For a single woman over 30, it’s a day to make you feel like you are going to die alone.
* For a single man with money, it’s a day to shoot fish in a barrel.
* For a young woman, it’s a day of presents.
* For Hallmark, florists, and chocolatiers, it’s a day of straight cash, homey.
For lawyers? Well, it’s a day to enter into a non-binding contractual agreement for affection and fellatio, silly….
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.
Things have changed recently in Korea – a few of our US and UK client firms are looking, very selectively, for a lateral US associate hire. Until just recently, there was not much hiring like this going on in Korea, since US and UK firms started opening offices there. We have already placed two US associates in Korea in the past month at top firms. Most of the hiring partners we work with in Korea do not actively work with other recruiters.
If you are a Korean fluent US associate in London, New York or another major US market, 2nd to 6th year, at a top 20 firm, with cap markets or M&A focus (or mix), or project finance background, and you are interested in lateraling to Korea to a top US or UK firm, please feel free to reach out to us at email@example.com or firstname.lastname@example.org. Our head of Asia, Evan Jowers, was just in Korea recently, and Evan and Robert Kinney will be in Korea in a few weeks. We are in the process of helping several firms open new offices in Korea (a number of which are interviewing our partner level candidates) and also helping existing offices there fill openings.
Professor Joel P. Trachtman has developed a unique, practical guide to help lawyers analyze, argue, and write effectively.
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For most attorneys, time spent managing the books is a necessary evil at best. Yet it is undeniably a crucial aspect of running a successful practice. With that in mind, we invite you to view or download a free webinar by Above the Law and our friends at Clio to learn how to better manage your finances.
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