On Monday, we reported that the kick-off for Harvard Law’s 2010 Class Gift pissed off a lot of current HLS students. Commenters told us that similar class gift drives were alienating students across the country.
Well, it seems the class marshals at HLS got the message. They decided to try to sell their students on exactly what their donations might fund:
Dear Class of 2010:
We wanted to provide you with more information and perspective on the Class Gift. The Class Gift is small sum of money donated by graduating students. This year there are three options for donating to the Class Gift:
(1) The Harvard Law School General Fund… (2) Student Financial Aid… (3) The Post-Graduate Student Funded Fellowship
Oh don’t worry, these HLS kids aren’t done with their slice of humble pie…
As an undergraduate, I worked for the Harvard College Fund. I made calls to alumni of the college and many of the professional schools asking for money. Yes, scum salt-of-the-earth kind of work.
You learn a couple of things doing that job: don’t let women call people who graduated before 1960 and think that girls still belong at Radcliffe. Make sure your accent is “good for all time zones” (mine is). And most importantly, don’t call up graduates of HLS asking for money unless you can handle rejection well. HLS graduates are more likely to cry about their backbreaking work schedules than voluntarily fork over $20.
Granted, I’m not the best person to ask. I try to avoid giving HLS the money that I already owe them — I’m not about to dip into my pocket to give them anything extra. But I think most people would rather give money to their undergraduate institution than to their law school. College is an experience; law school is a trial.
And that was before the recession.
Now that we’re in a situation of salary deflation and job uncertainty, one imagines that law schools are only getting money from the cold dead hands of recent graduates.
Harvard Law School students recently received an email reminding them about the 2010 class gift. When I was there, such reminders were met with annoyance. But this year, students reacted with outright anger. Are Harvard kids alone on the “I’m not giving you a penny” island?
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: