This is my eightieth column as Anonymous Partner, and the last one that will appear weekly on these pages. I may, on occasion, comment on important pieces that Lat does regarding Biglaw. Based on the things I saw and heard over the last two years, whether at my firm or through people sharing information with me through this column, there will be no lack of Biglaw-related developments to comment on.
So much of the truth about what is going in Biglaw remains hidden, partly by the design of firm management teams and partly by the tendency of those who work in Biglaw to keep quiet. Above the Law adds some transparency, but there’s only so much that it can do. I consider myself fortunate to have had the opportunity to give my take on what being a Biglaw partner means today. I wish I had company, as an industry in change really needs all of those with a stake in its future to speak up….
Things have quieted down a bit on the Weil Gotshal front. About a week has passed since our last report on Biglaw’s biggest source of drama.
Today we have some news to share about WGM — information gleaned from partner departure memos out of Dallas, the site of the biggest defections, and a real estate report from New York, the King’s Landing of Weil Gotshal….
Someone asked me a great question the other day. “I’m having a hard time staying engaged at the office,” she explained. “I want to leave, but I’m not sure what to do next. How do I keep up the appearance that I’m still interested in practicing law while I figure out my next move?”
This in-between stage is hard in so many ways. It can be hard to force yourself to work on cases when you no longer care about the outcome. It can be hard to make yourself meet your billable hour minimum when you find the work dull and unrewarding. It can be hard to act happy, or at least not to growl at people, when you desperately want to do something else. Here are seven strategies for the summer of your discontent.
If you have a friend who might be interested in serving as the general counsel to a leading technology company, you might want to give that person a poke. As we mentioned earlier today, a top job is about to open up: Ted Ullyot plans to step down as GC of Facebook in the not-too-distant future.
What types of issues has Ullyot tackled in his time at Facebook? How well has he been compensated in his role? Where might he be headed next?
Let’s look at some SEC filings, as well as his departure memo….
Do little kids actually threaten to run away and join the circus anymore? Do people still go to the circus anymore? When I think of “circus,” I think of “vaguely mistreated animals and freakish humans objectified for the amusement of the masses.”
Over the years, we’ve seen some strange and surprising law firm departure memos. They come not just from associates but from partners as well. See, e.g., this famous (or infamous) Skadden partner’s departure memo.
Today we bring you another weird farewell message penned by a partner. It’s strange because it burns bridges in a big way, making all kinds of incendiary allegations against the Am Law 100 firm involved.
You’d think that a leading employment lawyer would show greater discretion on his way out the door. Well, think again….
One of my favorite recurring columns on Above the Law is the “Departure Memo of the Day.” Elie Mystal hit a nerve last week when he published a particularly depressing departure memo from a harried mother at Clifford Chance who was struggling, unsuccessfully, to balance the demands of parenthood and Biglaw. The departure memo lit up Twitter and even the Huffington Post decided to weigh in.
At many Biglaw firms, departure memos have become an ingrained part of the culture. Why are departure memos so ubiquitous, especially in Biglaw? The New York Times put it best:
“The ‘departure memo’ is a fixture at many large employers, and nowhere more so than at big law firms. Departures, particularly of young associates, are built into the business model. Not everyone is supposed to stay, and many never planned to stay, so leaving is often celebrated. Many of the ‘Departure Memos of the Day’ published on Above the Law fall into that category. Excitement at the next opportunity, and a little bit of glee at leaving, is completely acceptable, as is a little thumbing of the nose at the firm. Creativity isn’t unusual.”
The Clifford Chance departure memo struck a chord with many lawyers because it openly grappled with the struggle for work/life balance so familiar to so many of us. But it also raises bigger issues regarding the purpose intended by such missives….
Since we published, the story has gone everywhere. The Huffington Post weighed in, and so did the New York Times. I’m glad so many people are finding out that working at one of the top law firms in the world is really difficult. Welcome to our world — they’re not paying people $160,000 and up to work from 9 to 5.
But one disturbing trend in the coverage of this story is the move to blame the husband. Ms. X’s husband only appears once in her tick-tock:
7:45pm: Negotiate with husband over who will do bathtime and bedtime routine; lose
That line has led to rampant speculation about the deadbeat loser Ms. X must be married to. Vivia Chen of The Careerist had one of the more restrained slams on this guy: “Not to be presumptuous, but I think we should all chip in for some negotiation courses for this poor woman. I realize we don’t have all the facts, but her husband seems to be getting away with murder.”
Well, you know what? I’ve been a Biglaw associate, and a Biglaw spouse, and let me tell you, it’s not as easy as it looks. Just because a lady “loses” the negotiations on domestic chores doesn’t mean that she’s married to a sexist pig, and it doesn’t mean the guy is “getting away with murder”….
Not pictured: the Biglaw train barreling towards this family.
I’ve read this departure email three times this morning, all while a sleeping six-week-old snores up at me. It’s a departure memo where a Biglaw associate kind of admits that she can no longer juggle the demands of parenthood and the demands of being a Biglaw lawyer. In a way, it’s heartbreaking. I don’t know this woman, and I don’t know what her hopes and dreams are or might have been, but it shouldn’t be so damn hard — in the richest country on Earth — to have a big-time job and be a loving parent. The struggles highlighted by this woman make me sad as a new parent myself.
In another way, this memo is uplifting. You can’t have it all. When you finally come to accept that, it’s liberating. You don’t have to feel like a bad employee or a bad parent for not being able to do it all. As Al Pacino says in the Devil’s Advocate: “Guilt is like a bag of bricks, all you gotta do is set it down.”
So, take a look as one woman bows out of the rat race….
Looking for an epigraph for your departure memo? This man can help.
Writing your law firm departure memo: there’s an app for that? Well, not yet. (But you can certainly download the Above the Law app and read past farewell memos for inspiration.)
For now, the closest you can get is by starting your departure memo with a quotation from the late, great Steve Jobs. Like this one: “Here’s to the crazy ones. The misfits. The rebels. The troublemakers….”
Yes, that’s how one fairly senior associate at a top law firm began his good-bye email. We received it from a few tipsters, one of whom called it “the best departure memo ever.”
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.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
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However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: