Catch Me If You Can is a fun movie. Tom Hanks has a delightful Boston accent that really captures the “Jesus Christ, I can’t believe people talk like this” aspect of the sounds. Leonardo DiCaprio’s portrayal of teenage con-man Frank Abagnale Jr. is fun and entertaining. And there’s a Chris Walken sighting.
In the movie, Hanks’s FBI Agent, Carl Hanratty, chases after Abagnale as he forges checks, degrees, and a number of professions. One thing Hanratty can’t figure out is how Agagnale “faked” his way through the Louisiana Bar Exam and gained legal credentials. When Hanratty finally collars Abagnale (SPOILER ALERT: this movie came out in 2002), the con man revels that he didn’t “cheat” on the bar exam, he just studied “for two weeks and passed.”
For many lawyers, this was an anticlimactic end to a running joke in the movie. With all due respect to people who can’t pass the Louisiana bar, passing the Louisiana bar is not particularly hard (despite the test’s unusual length and civil-law components). I don’t know if you can do it in two weeks. But in a month? In six weeks? Even without going to law school, I’m not sure there is a bar exam in the country that is so hard that a reasonably intelligent person couldn’t pass it with intense study over a few months. Again, they’re not really teaching you what you need to do as a lawyer in law school, they’re just messing with how you think.
It turns out that the real life Frank Abagnale Jr. passed the LA Bar on his third try. But there wasn’t any deception involved, he eventually just passed the test. Once he earned the credentials, Abagnale says that pretending to be a lawyer was one of the easiest things to fake.
In a column entitled Start-Up of You, Thomas Friedman of the New York Times made the case for a new model of career development. According to Friedman, this job market is “not your parents’ job market,” in which you could expect to move up the corporate ladder at a single company and then retire. In this job market, things are no longer so stable. To be competitive in this new market, Friedman suggests that you treat your career as if it were your own business. This means that you should constantly experiment and adapt, search for growth opportunities, and be resilient.
This is great advice for lawyers (both Biglaw and small-firm lawyers). This advice, however, can be taken even further. As many solo practitioners will tell you (and as one in fact did), having a law degree means that you can do more than treat your career as if it were a business; you can actually have a career where you have your own business….
You know fantasy football has taken over the American consciousness when a fake lawyer threatening fake sanctions in an ad campaign makes the news. This morning the ABA Journal ran a profile of Norman Tugwater, a fantasy sports lawyer played by Gary Busey:
“I’m getting ready to clean up with the mop of justice,” Tugwater proclaims in his YouTube video. “If you refuse to pay our athletes, we’ll come find you, and squeeze it out of you like a tube of toothpaste.”
Tugwater is actually actor Gary Busey, and his video is part of an ad campaign for VitaminWater. “I don’t think twice about coming after fantasy owners. In fact, I rarely think at all,” he writes on Twitter. He continues the taunts on Facebook, where he proclaims, “I wrote the book on fantasy sports law. I also have the only copy.”
That’s right, America is so into fantasy football that Gary Busey is getting work.
I’ve kept my head in the sand regarding fantasy football for a long time. But I can’t ignore it any longer. Let Gary Busey inspire you up below, and then join in ATL’s first reader-only fantasy football league…
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.
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: