The Dewey debacle is unfolding in real time on this and other sites. People’s lives are being shattered as a firm gets shuttered. It is not the first, and certainly not the last, time that a major law firm with thousands of employees will disappear into so much ether. I look back on my OCI days, and can rattle off several former NYC firms that have either merged into unrecognizability, or disappeared like Dewey is in the process of doing.
Likewise, not far from where I now sit, is the shell of Eastman Kodak — a company that built a large part of this town, and will likely become a shameful case study in the annals of business school textbooks. And yesterday, news went out that my own company is beginning another round of VRIF severance offers.
Regardless of whether you are sitting comfortably in-house, collecting pay from Biglaw, or wondering how in Hell you’re going to find a summer job, news like that mentioned above is disquieting. The main reason is that there isn’t anything that can be done. One day you’re employed, and then, well, you may not be. And there is really no place for schadenfreude in a “there but for the grace of God” economy. Careers can be dissolved as quickly as Dewey.
So, when you are forced to enter an applicant pool of thousands of other attorneys looking for a break in a seemingly unsolvable code of hiring, what can you do to set yourself apart? One possible strategy that has become a hot button issue in the past days is to claim minority status on your application. The obvious dilemma that you face as applicant number two thousand twenty-eight is whether to check such status if your lineage may or may not support the claim….
Unbeknown to most of us, when Ted Kennedy died Harvard Law Professor Elizabeth Warren became the last liberal with balls. While other Democrats have been desperately trying to keep themselves in the good graces of Wall Street, Elizabeth Warren has been standing toe-to-toe with the bankers.
If she wins the nomination (if Martha Coakley runs again, Warren won’t even have to “campaign” for the nomination, she’ll run primary ads saying “Again? How stupid are you?”), the battle between Warren and the incumbent, Senator Scott “the Body” Brown, will be interesting.
But let’s say that the last Democrat can win in one of the last liberal bastions. It’ll mean another solid win for liberal women law professors during the Obama administration…
* Is Harvard Law professor Elizabeth Warren, a top candidate to lead the new Bureau of Consumer Financial Protection, a “supremely smart crusader for middle-class families, or “a fiery zealot disguised in professorial glasses and pastel cardigans”? [Washington Post]
Today, the National Law Journal lets us in on an ambitious project. The publication has tried to identify the 40 most influential lawyers of the decade. The 40 people they came up with are relatively well known to the general Above the Law readership, but they won’t be household names to your lay-friends:
The list spans law firms, academia, government and advocacy groups, but, consciously subtracts a few obvious categories: Members of the Supreme Court and attorneys general, for instance, are generally influential by definition, and they are not included here.
The NLJ was looking for lawyers that don’t get their name in the mainstream media every day:
Instead, we have focused upon lawyers in the following specific practices: antitrust; appellate; bankruptcy; civil rights; corporate; energy and environmental; in-house; intellectual property; labor and employment; legal education; litigation; and regulatory. In other words, we’re primarily focusing on hard-working lawyers who’ve been in the trenches on big deals or major litigation or who have been pioneering at in-house positions or the nation’s law schools.
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!
The legal industry is being disrupted at every level by technological advances. While legal tech entrepreneurs and innovators are racing to create a more efficient and productive future, there is widespread indifference on the part of attorneys toward these emerging technologies.
When the LexisNexis Cloud Technology Survey results were reported earlier this year, it showed that attorneys were starting to peer less skeptically into the future, and slowly but surely leaning more toward all the benefits the law cloud has to offer.
Because let’s face it, plenty of attorneys are perhaps a bit too comfortable with their “system” of practice management, which may or may not include neon highlighters, sticky notes, dog-eared file folders, and a word processing program that was last updated when the term “raise the roof” was still de rigueur.