When you are starting your solo practice from scratch with no connections, clients, or money, expect to make many sacrifices in the beginning. You must sacrifice time with friends and family to attend networking events meeting people — most of them in the same position as you. You will miss many Simpsons episodes to read legal treatises and practice guides. Money will be spent to pay for office overhead — gifts, luxuries, and even student loan payments will have to wait.
Unfortunately, for one solo attorney, her pursuit of professional success required her to sacrifice one of life’s most treasured partnerships: her marriage. Over the weekend, solo practitioner Vivian Sobers announced on her blog that she and her husband of 11 years have decided to separate and eventually divorce.
Vivian’s story is not unusual. Most of us in our line of work have either experienced rocky relationships ourselves or know someone who has. What is unusual is that she is open about it, and I commend her for that. But here’s the question: is her law practice is to blame for the divorce, or did she bring this upon herself by choosing her career over family?
Being a lawyer is time-consuming. First, you’ll have to subject yourself to spending three years in law school cramming knowledge into your brain. After you graduate, you’ll spend an inordinate amount of time trying to pass the bar exam and find a job. (If you’re incredibly lucky, you’ll have a job waiting for you at a Biglaw firm.) Last, but not least, once you’re working as an attorney, you’ll get to spend the vast majority of your waking hours at your desk.
Most practicing lawyers are lucky if they see sunlight, let alone have any semblance of what could be called a social life. There just aren’t enough hours in the day to accomplish all of the tasks that need to be done. That’s why being a lawyer landed on the latest ranking of careers that could have disastrous effects on your social life.
How high did lawyer rank on the “No Life Careers” list? Keep reading to find out…
Bert and Ernie. Peanut butter and jelly. Salt and pepper. Some things just go together; these natural partnerships add up to more than the sum of their parts. So when I came across a press release announcing a partnership between an ediscovery vendor and a law school, it made perfect…
There is going to be a doc review shop at a law school. And apparently the law school is okay with that, even excited.
Stop it South Carolina. Okay, not like everyone in South Carolina, but based on the tips we keep on getting it appears to be one of the worst markets for contract attorneys. This is not the first time the Palmetto State has been featured as one of the worst jobs, and I fear it won’t be the last. Once there are a few bad jobs (particularly as “bad” relates to wages) in a regional market it can trigger an avalanche effect and even staffing agencies and vendors that used to consistently offer projects above the market rate start to heed the downward market pressure.
Lawyers, by nature, are not very optimistic people. Maybe it’s a function of assessing risk constantly — with your ass on the line no less. Or just that lawyers tend to get called in after the s**t has hit the fan, so we aren’t generally exposed to the very best of humanity.
I can no longer remember if I was an optimistic, glass-half-full kinda person before law school, but surely there was some spark in me that saw the good in people and situations. I know because I just felt that small flame of hope flickering in my chest get extinguished. And it’s all because of a job posting
So what job is so bad it has me questioning my very faith in humanity?
Having personally experienced the lows of depression and the positive energy that comes from blogging and social media, I have to believe the effective use of social media could prevent depression for many lawyers.
In a story outside of law, AP sportswriter John Marshall (@jmarshallap) reported Monday on the positive impact social media is having on a six-time Olympic gold medal winner, Amy Van Dyken (@amyvandyken), just a few weeks after she suffered a life-threatening spinal injury.
Not long after Van Dyken’s first surgery, her husband Tom Rouen, a former punter for the Denver Broncos, placed a cellphone in her hands:
The legal job market remains challenging, but there are some bright spots. As we reported on Friday, entry-level Biglaw hiring is up by almost 10 percent compared to last year.
Many law school students and graduates view working at a prestigious law firm as a cure-all. And it’s true that a starting salary of $160,000 is one of the best ways for law school grads to service six-figure debt loads.
But for some young lawyers, a Biglaw job is far from a panacea. The stress and long hours create new problems — problems that can be hard to solve while holding down a demanding law firm job.
Here is one associate’s very sad situation. What would you advise him or her to do?
Between 2008 and 2012, the median debt burden for newly minted JDs increased by 54 percent, from $83,000 to $128,000. (That compares with a 22 percent increase in medical student debt.) It is the responsibility of every aspiring law student to understand the implications of taking on such a financial commitment. For law grads who have already accumulated the debt, there may be options for you to better manage repayment. Thanks to our friends at DRB, today’s infographic takes a look at law student debt, including the possible benefits of refinance or consolidation. Click here for more details.
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
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.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
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: