Today is a sad day for businesses established by lawyer-entrepreneurs. First we learned that David J. Stern, the South Texas Law grad who went on to become “Florida’s Foreclosure King,” will be relinquishing his crown and closing his once-thriving practice. And now we hear that Lev Ekster, the New York Law School alum who founded a popular mobile-cupcake business called Cupcake Stop, has decided to call it quits.
Longtime readers of Above the Law will recall Ekster and his business selling cupcakes out of a truck that roved around Manhattan. We first wrote about him in May 2009, when we were charmed by the NYLS grad’s creative response to being unable to obtain a law firm job. Spring 2009 wasn’t the best time to be looking for a Biglaw gig, as you might remember.
A few days after our first post, we got to taste Ekster’s cupcakes (and interview him). The cupcakes were delicious (not as amazing as my cousin’s, but pretty darn good).
In the months that followed, Ekster’s cupcake truck picked up momentum, literally and figuratively. On Twitter, @CupcakeStop acquired almost 16,000 followers.
And then today it all came to a screeching halt. What happened?
Today, the proprietor of Cupcake Stop, Lev Ekster, stopped by our office with his delicious wares. Yumyumyumyumyum.
Ed. note: For the record, I really hate donuts. I don’t even particularly like sweets. I owe my girlish figure to (1) things that can be wrapped in bacon and (2) a zero tolerance policy when it comes to exercise.
The most important part of the visit was the excellent food. Lev brought over his three best-selling creations: cookie dough, Oreo cookies ‘n cream, and red velvet. I’d never had a cookie dough cupcake, but its gustatory greatness cannot be denied.
Lat preferred the cookies and cream flavor, while Kash opted to continue looking beautiful.
After we finished stuffing our faces, we sat down to talk with Mr. Ekster. Our notes from the interview, plus pictures of the cupcake-y goodness, after the jump.
When students at New York Law School can’t find work, sometimes they resort to tearing the clothes off of 1Ls. So we applaud Lev Ekster, an NYLS alumnus, for his non-violent approach to the economic crisis:
Recent law school grad Lev Ekster is going from court to cupcakes. When the New York Law School student realized he wouldn’t land a law firm job this year, he turned to entrepreneurship. Inspiration struck after a disappointing trip to Magnolia Bakery, where he waited in an excruciatingly long line for what he deemed a “dry and tasteless” cupcake. “The experience reminded me of my parents’ stories of waiting in line for bread,” says the native Ukrainian.
As part of a nationwide tour, Above the Law is coming to the great city of Chicago.
Join preeminent law firm management consultant Bruce MacEwen, Katten Muchin Chicago managing partner Gil Sofer, and JPMorgan Chase & Co. assistant general counsel Jason Shaffer for a panel discussion (sponsored by Pangea3) on the evolutionary and market forces bearing down on the law firm business model. Come on by Thursday, November 20, at 6 p.m., for thought-provoking discussion, food, drink, and networking.
Space is limited and there will be no on-site registration, so please RSVP
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.