But employers who are trying to take advantage of the desperation in the recent graduate market are real jerks. Trying to get desperate recent grads to work for free (or to actually pay you to work) isn’t taking advantage of a market opportunity, it’s taking advantage of people.
We’ve seen a lot of employers offering to “hire” people for free, but rarely with the kind of pompous overtones of the Craigslist ad below. It’s one of those ads that boasts about a lot of things in ALL CAPS, except for when it comes to paying people….
Today’s story about a law student bound for prison has me thinking about how regular people become criminals. The story of Marc Gersen is the kind of thing books are made of; it’s big and bold and colorful.
But on the smaller scale, people are pushed into unethical decisions all the time, and it rarely comes with the stark choices of, “Should I, or should I NOT, start a meth ring?” People, especially the kind of risk-averse people who end up in law school, don’t make one big decision to “become a criminal.” It’s a bunch of little decisions that incrementally take you from “normal, law-abiding citizen” to “bad actor.”
Today, we got an email from a person who is thinking about making an unethical choice out of desperation for a job. Why don’t you read her dilemma for yourself and tell her what you think she should do….
I don’t know about everyone else, but when I was in law school, I would sometimes feel like a little kid again. And to answer your first question, no, it’s not because of the low level of education I received at my TTT. Instead, I was reminded of my childhood, when I used to play sports in the backyard. I imagined that the game was in its final seconds, and I would win it all by making that big final play. But as childhood fades, so too does some of the fun of life.
What’s the proof of this? What once was a childish fantasy became a legal fantasy when I became an adult. That’s right, in law school, I would sometimes daydream about being a big-shot attorney, with a huge, O.J.-sized case. I would spout off some legal jargon to the amazement of the jurors in my closing, and then they would come back after only a few minutes, giving my client the “win,” and making me very, very wealthy at the same time.
Just like my dreams of athletic glory, this dream now seems far-fetched. The résumés and cover letters continue to rack up in my sent mail box, but nothing except spam, CLE event notifications, Groupon ads, and messages from ugly girls on Match.com fill my inbox. Things have become so bad that I would even welcome a simple acknowledgement that my application was received….
Industry observers can debate why applications are down. But I think it’s really as simple as what I’m about to show you. People go to law school so they can get jobs and have nice lives. They don’t go to law school for love of abstract learning. They don’t go to law school because of anything that happens in the third year of law school. They go for jobs.
And when there are no jobs, when experienced attorneys are making Craigslist postings like this one I’m about to show you, it makes people think, “Why in the hell would I go to law school right now?”
Let’s take a look at the saddest single dad with a J.D. on Craigslist….
These are not outliers. They’re not anomalies. It is something that’s happening quietly in many, many firms in the industry.
– Zeughauser Group consultant Kent Zimmermann, commenting on the stealth layoffs that have been going on at Biglaw firms around the country. In fact, according to his sources — all managing partners — at least three major firms will soon be conducting another round of layoffs.
It’s about that time of year again. No, I’m not talking about when ESPN tells you what Ray Lewis and his teammates ate for breakfast along with every other remotely interesting detail of the other Super Bowl players’ lives. Instead, I’m talking about the time that law schools start to really get anal retentive about getting their graduate employment forms back.
I bet some of you readers have already received a couple of emails from your alma mater, each increasingly desperate and frantic as the head of career services threatens to pull his hair out unless you respond. This may seem like a good or even noble task for the school to perform, but let’s take a closer look at what’s really going on….
Anyone who’s been following the implosion of the law school bubble is well aware of the fact that many recent graduates have been left floundering when it comes to employment prospects. And given the vast media coverage of the legal academy’s existential crisis, everyone and their mother knows that entry-level law jobs are few and far between. People are hungry for experience, but they’ve quickly come to the conclusion that it’s a real seller’s market out there. In today’s economy, it’s kill, be killed, or work in retail with a law degree (a fate which, for some, may be worse than even death).
As expected, some employers have chosen to take advantage of this situation. Take, for example, the “excellent position” we covered last summer, after a number of tipsters emailed us to express their outrage. The job was touted as providing “valuable experience,” and even though it had a sad little yearly salary of $10,000, some 32 people applied.
In the wonderful world of legal one-uppance, it was only a matter of time before someone came up with an even more audacious employment scheme. Would you be willing to pay someone for legal experience? Because that’s what this Connecticut law firm expects you to do.
Leave it to a lawyer to come up with a way to turn this dearth of job opportunities into a revenue stream….
In Professor Paul Campos’s new book, Don’t Go To Law School (Unless) (affiliate link) — a book I’d recommend to anyone thinking seriously about law school — he shares an email from an individual who, after much research and thought, decides to enroll in law school. The email sheds some light on why people continue to sign up for law school despite all the warnings (from folks like Professor Campos, my colleague Elie Mystal, and many others). The law student writes:
[Prospective law students] think: debt doesn’t matter. There is no penalty for defaulting on the debt, except the relinquishment of the privileges of an advanced financial life. . . Students evaluating the horrible deal in question believe they have no access anyway to those privileges (e.g. a retirement account, a home purchase, a start-up business). For the student in question, all law school has to do is provide some potential benefit, and it becomes a rational choice.
After acknowledging that “[t]here’s a lot of force in this line of argument,” Professor Campos tries to refute it, basically arguing that many who go to law school based on such reasoning are “making a difficult situation worse.” But maybe the argument is not so easily refuted.
After all, what else are you going to do with yourself? Before you criticize law schools and those who matriculate at them, please familiarize yourself with the grim economic realities of twenty-first century America….
It’s December, and you know what that means: it’s time to deck the halls with boughs of holly, and offer jobs to law students that will make them fa-la-la-la-laugh their indebted little asses off.
It’s been a while since we last wrote about the ridiculous jobs law professors try to pawn off on students, but at least this one isn’t offering up an adventures in babysitting gig. No, this time, a law professor caught a whiff of the holiday spirit, and is offering students the chance to get involved with their very own holly jolly Christmas.
Perhaps the eggnog this law prof was drinking had a little too much whiskey in it, because you’d have to be drunk to think it was a good idea to offer up a job that offers no legal experience whatsoever….
So you spent a considerable amount of time courting, selling and maybe even doing some friendly stalking of that attractive lateral partner candidate with a sizable book. After he or she ignored your emails and didn’t return your calls, a few weeks go by and you read a press release in the legal media announcing the recent move to a competing firm.
Rats. Another one got away from you. You cringe when you consider how much time was spent in meetings that did not bear fruit. Your heart aches when recall how you were led to believe this was a marriage made in heaven.
You have been rejected.
The sting of rejection is painful, even for fancy law firms. But you need to find a way that you can turn this disappointment into a legitimate learning experience.
No, this isn’t a pre-party before we come back next fall for the real thing. This IS the real thing. Quinn Emanuel is pushing the envelope on recruiting. The party is now. This is when you meet the partners and associates face to face. This is when we begin the dance that could land you an offer for your second summer BEFORE school starts in the fall.
First: You come to the party. Second: If you like us, you send your resume after June 1, 2014. Third: If we like each other, you get an offer.
We’re not waiting for fall. We’re not doing the twenty minute thing. This party is the real thing!
We hope you’ll join us, and look forward to meeting you.
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 six years. You can reach them by email: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months (Robert Kinney and Evan Jowers will be in Hong Kong again March 15 to 23), and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.
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