The plot of The Shawshank Redemption revolves around the line, “I mean, seriously, how often do you really look at a man’s shoes?” Should I have prefaced that with a spoiler alert? No, you’ve had 19 years to watch it.
But poor Andy Dufresne might still be incarcerated if he were in Romania, where a judge slapped a lawyer with a fine in excess of $1,000 for wearing sneakers to court.
And the whole thing went down during the criminal trial over a high-end art heist.
Romania seems way more interesting than the U.S. these days….
* Even at the top of the in-house food chain, women lawyers are still paid less than their male counterparts. But hey, at least they’re not being forced to cry poverty like their in-house staff attorney brethren. [Corporate Counsel]
* Neil Barofsky, the former King of TARP in the United States, is making the move to Jenner & Block, specifically because as opposed to all other firms, “Jenner took the side of really getting to the truth of the matter.” [Reuters]
* Luxury fashion is fun: four Biglaw firms, including Cleary Gottlieb, Cravath, Torys, and Proskauer Rose, all took Tim Gunn’s mantra to heart to make it work for the $6 billion sale of Neiman Marcus. [Am Law Daily (sub. req.)]
* If you want to try some lawyer, we hear that they taste great when poached this time of year. Speaking of which, Troutman Sanders just reeled in three attorneys from Hunton & Williams. [Richmond BizSense]
* Are you ready for some tax law?! The NFL and other professional sports leagues might lose their nonprofit status if new tax reform legislation makes it through the House and the Senate. [Businessweek]
Tell me again how the third year of law school is anything other than a gigantic waste of time? The 3Ls got back to campus just a few days ago, but already their thoughts have turned to getting out and moving on with their lives. And they’re right to do so; 3L year is a giant holding pattern between now and taking the bar exam.
At one top school, 3Ls are already using their listserv to talk — well, bitch — about graduation. They’re annoyed by their school’s ticket policy for commencement. I’d say they were counting their chickens before they hatched, but I don’t even know what kind of awesome, ATL-worthy story could get a 3L kicked out before graduation.
One kid is even trying to plan his wardrobe for the big day. He’s not a “clothes horse,” though. Apparently, he’s just a guy who can’t figure out how to get to a Men’s Wearhouse between now and May…
* We bet you never thought you’d be spending Labor Day weekend debating with your relatives the legality of a U.S. military strike on Syria and the intricacies of international law. Gee, thanks President Obama. [CNN]
* Over the long holiday weekend, Justice Ruth Bader Ginsburg served as officiant at the gay wedding of John Roberts. No, not that John Roberts, but what an incredibly apropos coincidence that was. [Washington Post]
* Speaking of same-sex marriage, even though “[n]o one told [him] it was an easy job when [he] signed on,” Justice Anthony Kennedy revealed himself to be an ally of the gay rights movement. [New York Times]
* Two days after filing an appeal with the Third Circuit, the parents of a deceased Cozen O’Connor partner have ended their battle to deny their daughter’s profit-sharing benefits to her wife. [Law360 (sub. req.)]
* Twitter’s general counsel deactivated his account position with the social media giant, and looks forward to “goofing off.” Congrats to Vijaya Gadde, who will head up the company’s IPO. [Bits / New York Times]
* Biglaw’s latest scapegoat for the culling of the associate herd is the decline of Chapter 11 filings, otherwise known by industry insiders as the “bankruptcy recession.” [New York Law Journal (sub. req.)]
* Without any rabbits left to pull out of hats, it’s been predicted that by 2018, the Magic Circle will be no more. This is one disappearing act lawyers obsessed with prestige hope will never happen. [The Lawyer]
* If you want to learn more about fashion law, check out this interview with Barbara Kolsun, a woman who literally wrote the book on it (affiliate link) while serving as general counsel at Stuart Weitzman. [Corporate Counsel]
* So what has Kenneth Randall been up to since he left the deanship at Alabama School of Law? He’s working to “train law students for jobs that don’t require a bar license” over at InfiLaw. Awesome. [Tuscaloosa News]
* Legal commentators like Elie and Lat would be ecstatic if law school were two years long, but because so many others have a “vested interest in the status quo,” change will come at approximately half past never. [CNBC]
* Ronald H. Coase, influential legend of law and economics and Nobel prize winner, RIP. [Chicago Law]
Ed. note: It’s Biglaw interview season, and your friends here at Above the Law would like to give you the best fashion advice possible to ensure your success in the “new normal.” Today, we’ll be focusing on our female readers. This post is written by Mandana Dayani (USC Gould School of Law ’07), a former Paul Hastings associate who currently serves as Vice President and General Counsel of Rachel Zoe, Inc.
I will never forget the panic and angst surrounding on-campus interviews — the constant reformatting of résumés, the sudden competitiveness of your friends, the pressure of finding the right job, and for most of us, the daunting task of figuring out the perfect outfit that gives the best first impression. When it comes to interview attire, my advice is to present yourself with a look that does not detract from the focus of the meeting — you want to impress your potential boss with your sophistication and capability. Keep it classic, nothing too trendy or polarizing, and let your style come through with a couple of carefully selected accessories…
I see you all enjoyed your vacations. I saw the 175 pictures you posted on Facebook of every single place you went, and now I see you “can’t believe your baby is starting 7th grade.” So now that it’s time to get back to work and figure out what to do about all those clients calling you as a result of seeing you on the first page of Google, I will again offer you life-changing advice for which you come here weekly.
This advice is all real, and in no particular order.
1. If you have an office, or even a desk, take every single thing off the top. I did this the other day. Clean it, and then place everything back, except the stack of papers that belong in a file or the garbage, the magazines and articles you’re never going to read, and the items that do nothing but take up otherwise workable space. This will cost you no money, take about 15-20 minutes, and you will thank me. Well, not all of you…
Remember those annoying gunners in high school? Running around joining every club and running for student government so they can pad their résumés with yet another achievement to become just slightly more attractive?
Well, this Tracy Flick stand-in puts all those gunners to shame. She may even have the best plan for gaming the American law school system yet: getting admitted in the U.K. first.
Enter Gabrielle Turnquest. She’s 18 and the youngest lawyer in the history of the U.K.
Professor Joel P. Trachtman has developed a unique, practical guide to help lawyers analyze, argue, and write effectively.
The Tools of Argument: How the Best Lawyers Think, Argue, and Win is a highly readable 200-page book, available for about $10 in paperback or e-book. Chapters focus on foundational principles in legal argument: procedure, interpretation of contracts and statutes, use of evidence, and more. The material covered is taught only implicitly in law school. Yet, when up-and-coming attorneys master these straightforward tools, they will think and argue like the best lawyers.
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:
● The basics of accounting for lawyers.
● How legal accounting differs from regular accounting.
● Report and reconciliation issues surrounding trust accounts.
● How to pick and integrate the best accounting tools for your practice.
● Steps to prepare your tax return for your firm’s income.
Do not miss this crucial chance to optimize your accounting practices. Save time and get back to billing!
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!