I find New Year’s to be a fairly depressing time of year. The calendar demands that you reflect on everything in your life over the previous, arbitrary, and finite period. And if you are naturally cynical, depressive, or even just ambitious, that reflection and self-assessment reveals flaws and unrealized potential.
It’s why the whole “New Year’s resolution” phenomenon is a thing. Every New Year’s resolution can be reduced to “I think I suck, tomorrow I’m going to try to not suck.” And, of course, New Year’s resolutions tend to be either petty or wildly unrealistic. If you can look into your soul and decide that the most important “self-improvement” you can make is to lose ten pounds and fit back into your wedding dress, I kind of hate you. But if you find yourself looking in a mirror thinking “okay, January 1, no more cocaine,” as if you can muster the Earth’s orbital transit to aid you in freeing yourself of addiction, then you’re also very annoying.
What I’m trying to say is that I’d bet that the seeds to the most terrible and irrational decisions to go to law school are planted on New Year’s (or your birthday). I have no evidence to back up this opinion, but “I’m going to do something with my life and go to law school” seems like exactly the kind of desperate thought that makes a lot of sense to people when the calendar demands they spend a lot of time gazing at their own navels.
Going to law school should be an intermediate step in a long-term plan, not the first step in a “changing your life” plan you’ve concocted because 2013 sucked and you don’t know what else to do with yourself. If you find yourself considering law school because your life looks like this guy’s, who’s jobless and living in his mom’s basement, STOP. BACK AWAY FROM THE LEDGE, have some Cold Duck tonight, and know that the blues will pass and that there are better ways to spend $150,000….
Meet Ludo. A graduate of a top-50 law school now living in Chicago, Ludo was no-offered after his stint as a summer associate in Biglaw. Unable to to find employment with this black mark on his record, Ludo was forced to take a job in retail, losing his last shred of dignity in the process. But Ludo’s job selling cologne hasn’t completely taken him off the legal market. As Ludo shares on his blog, his coworkers pepper him with questions about “peoples law” (in other words, the stuff you don’t learn in law school or practice at Biglaw) — like how to beat a traffic ticket, or whether a hospital can turn an uninsured patient away at an emergency room. But instead of offering up answers, Ludo simply shrugs off questions, explaining that “he didn’t learn anything practical in law school.”
Meanwhile, eight hundred miles east of the Chicago department store where Ludo works, meet Lou Cambria. Lou’s a Philadelphia solo who typically represents small-business clients and individuals who need help writing wills. But on weekends, you won’t find Lou in the office….
It’s absolutely detrimental. It was brought up in almost every interview I had after that. No one came right out and said I was rejected because of it, but you definitely get the sense that you are seen as damaged goods. A lot of the people I know who got no offered have been able to rebound from it, but they have all struggled. And that’s not even getting in to the psychological damage.
Some guy on Twitter was complaining that Above the Law focuses too much on the negative side of going to law school. Apparently this person mistakes us for a law school admissions office — people who ignore facts when they don’t fit their happy-clappy narrative. We do bring you some law school success stories when we hear of good ones. Do you know why those stories are “news”? Because law schools are so effective at leading people down a path of career frustration and financial ruin that when somebody beats the odds, it’s mildly noteworthy.
Law school is a good investment for some, and a terrible one for many. We say that all the time. The problem is that law schools do not give people enough information to assess whether or not they should go. The problem is that some law schools actively mislead people who are trying to make a sound decision. The problem is that even when law school “works out,” the tuition charged often vastly outstrips the value of the degree.
Sure, some people will succeed despite the high cost, misleading information, and weak job market. Law schools want you to think that those successful people are the norm, but really they are the outliers. (And, given the events of today, I guess I have to say that the folks who contemplate suicide are also outliers.)
This guy who recently bared his underachieving soul to Business Insider is the norm. This guy making $45,000 while carrying $200,000 of law school debt has the kind of life law students should prepare themselves for, regardless of what the admissions brochures and the guy on Twitter who made everything work out will tell you….
I really hope this Craigslist post can be filed under “ridiculous hyperbole” as opposed to “true story.”
A person has placed an ad on the Los Angeles Craigslist board with the subject line: “I will literally kill myself if I don’t have a job by New Year’s.” The lawyer then goes on to explain his professional experience and to express his willingness to do anything that carries with it a salary or hourly wage.
I’m not at all sure that threatening extreme action is the best way to secure a position as a trusted advisor capable of exercising discretion under pressure. And I think that history has shown that things like hunger strikes are more effective at engendering sympathy than straight-up threats of self-martyrdom.
But it is a tough market out there, and I suppose this is one way to get at least a few employers to give you a second look….
… because you’ll find a sad man crying himself to sleep.
Here we are on the eve of Thanksgiving, and it is traditional to publicly spew all of the things we are thankful for ad nauseam. Fine. Despite the horror of not yet knowing the exact bonus benchmark that “elite” firms will set for themselves this year, I am sure there is something for which I am thankful. Well, I am on a large project that seems like it will last through the end of the year. That is pretty much the best a contract attorney can hope for — especially in a week where we will miss out on two days of work (you call it a holiday, I call it forced budgeting).
This weekly column has really been about the nature of the worst legal job, and the underlying message is that it can be a sad existence. I am not saying this to garner sympathy — let’s face it, anyone who decided to go to law school probably isn’t a great candidate for sympathy — but rather to describe reality. Packed into a room of people who were positive, in the not too distant past, that they were better than the life they are currently living can be disheartening. We’ve focused a lot on the dollar amount associated with being a contractor, and the actual tasks you might do, but what is life really like for the legal underground?
You won’t believe the extremes one West Coaster is going to for an hourly wage…
I saw the best minds of my generation destroyed by madness, starving hysterical naked.
Howl expresses the rage of a lost generation struggling against a conformist and materialistic culture that drives its rejects to poverty, drugs, mental breakdown, and whatever mental condition leads someone to believe that “Baltimore gleamed in supernatural ecstasy.”
Craigslist provides us with a screed that resembles a latter-day Howl for attorneys. A free-form scream to the heavens — fittingly recast as the Internet — for an escape from the landscape of joblessness and debt that dominate the existence of young lawyers. A haunting vision into the soul of a lawyer who has crossed the mental breaking point and, in the author’s words, “given up hope.” A chilling account of the unemployed attorney as beggar asking not just for money, but masochistic abuse from others just to regain dignity.
Mostly it’s a rant that cuts through all the B.S. of every other job posting on Craigslist….
Let’s not mince words: Patton Boggs is stuck in the muck. In the most recent Am Law 100 rankings, the firm showed a 15 percent decline in profits per partner — one of the biggest dips in the entire survey, contrasting with the modest growth that most of Biglaw enjoyed. Gross revenue also fell, by 6.5 percent.
The Am Law 100 rankings looked at 2012 performance compared to 2011 performance. Perhaps things have improved for Patton Boggs in 2013?
Alas, no. While many firms have resorted to voluntary buyouts or layoffs of support staff this year, few have laid off lawyers (at least not openly). But Patton Boggs has already been through two significant, open and notorious rounds of layoffs in 2013 to date, affecting not just staff but lawyers as well.
How is Patton Boggs trying to save itself, and will its plan work?
As we’ve repeated countless times in these pages, Biglaw isn’t what it used to be, and good luck to you if you happen to be a partner. Sure, you’ve grabbed that brass ring, but you also have what could be described as “the worst job in Biglaw.” Here in the new normal, where layoffs and de-equitizations abound, despite increases in firm profits, many partners now have the same fears as associates.
So what happens when partners are pushed out of the law firms they once loved? Now we know, thanks to the results of a a new survey. You won’t believe how messy these bad romances can get…
Regular readers of Above the Law are well aware of the bimodal salary distribution curve of starting salaries for new lawyers. Lawyers understand why the curve looks the way it does: there are a few “elite” firms that essentially engage in salary collusion at the very top (don’t everybody start thanking Above the Law at once), while most lawyers will struggle to find a job in the $40K – $60K range.
When non-lawyers see this curve, they are surprised. The curve popped up on Mother Jones the other day, and author Kevin Drum called the $160K spike “pretty weird.” Then the commenters on his post — actually HELPFUL commenters who managed to weigh in without personal attacks on the author — explained to Drum why it was so.
But that’s kind of the problem: people only become aware of the bimodal salary distribution curve after they’ve been to law school (and done things like become a regular reader of Above the Law). They don’t get the information before they commit to law school, when the information could be useful. In a world without time machines, hindsight is blind.
Still, even people who have already committed to their dread fate can benefit from an understanding of history. Do you know what the salary distribution curve looked like in 1991, during the last “great” lawyer recession? Do you think the people who are charging you money to go to law school have seen it?
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.
Take this opportunity to learn what it takes to streamline your accounting and get the most out of your time. The webinar agenda:
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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.
Please note that Evan Jowers and Robert Kinney are still in Hong Kong and will stay FOR THE REMAINDER OF THIS WEEK. We still have a handful of available slots for meetings with our Asia Chronicles fans. If we have not been in touch lately, reach out and let us know when we could meet! There is no need for an agenda at all. Most of our in-person meetings on these trips are with folks who understand that improving a legal practice through lateral hiring is an information-driven process that takes time to handle correctly.
Regarding trends in lateral US associate hiring in Hong Kong, we of course keep much of what we know off of this blog. Based on placement revenue, though, Kinney is having one of our most successful years ever in Asia. We are helping a number of our law firm clients with M&A, fund formation, cap markets, project finance, FCPA and disputes openings. These are very specific needs in many cases, so a conversation with us before jumping in may be helpful. As always, we like to be sure to get the maximum number of interviews per submission, using a well-informed, highly targeted, and selective approach, taking into account short, medium and long-term career aims.
Making a well informed decision during a job search is easier said than done – the information we provide comes from 10 years of being the market leader in US attorney placements at the top tier firms in Asia. There is no substitute for having known a hiring partner since he/she was an associate or for having helped a partner grow his or her practice from zip to zooming, and this is happily where we stand today – with years of background information on just about every relevant person in all the markets we serve, and most especially in Hong Kong/China/Greater Asia. So get in touch and get a download from us this week if we can fit it in, or soon in any case!