The ALS Association’s “Ice Bucket Challenge” has been wildly successful, raising more than $107 million to support the nonprofit and its great work fighting amyotrophic lateral sclerosis, also known as Lou Gehrig’s Disease. The success even prompted the association to file trademark applications for “Ice Bucket Challenge” and “ALS Ice Bucket Challenge” (ultimately withdrawn, so as not to stop other worthy causes from using the challenge).
Let’s give a round of applause to these great firms.
Earlier this week, the American Lawyer released the results of its annual survey of Biglaw midlevel associates (third-, fourth-, and fifth-year associates at large law firms). We’ll start with the good news: midlevels seem to be quite happy. The average composite score for satisfaction hit 4.08 — the highest in a decade, and higher even than last year’s healthy figure.
But just like last year, which revealed a significant gender gap in terms of job satisfaction, this year’s rosy news comes with caveats. The latest survey shows, for example, that women, African-American, and LGBT lawyers are less satisfied than their non-minority counterparts in terms of measures like training, fairness of evaluations, and partnership prospects.
Now let’s move on to the juicy stuff: the firms with the happiest — and unhappiest — associates. Plus a new ranking from Am Law, focusing on which law schools best prepared their students for Biglaw life….
Back in June, when I reviewed employment data for the law school class of 2013, I sounded some cautiously optimistic notes. I wondered whether a stable job market and shrinking law school classes could produce better employment outcomes for many law grads.
Could the jobs picture be even brighter than “stable”? Check out what looks like a big expansion of the U.S. Department of Justice’s prestigious Attorney General’s Honors Program, along with other opportunities to work as a lawyer for the federal government….
If you are a connoisseur of social media, you’ve seen thousands of links and updates about the situation in Ferguson. You’ve seen a number of reports about the crisis in Gaza. You’ve been kept abreast about our military operations in Iraq. It’s been a busy August for news.
Of course, you’ve ignored most of those links and instead been on a targeted hunt for Ice Bucket Challenge vines. If you are over 40, let me explain: instead of giving money to support research on Lou Gehrig’s Disease, people are dumping buckets of ice water on themselves. Actually, most people are giving $100 to ALS research AND dumping buckets of ice water on themselves. Awareness! It’s working, so read this before you judge.
The… whatever this is has made its way to law school campuses, thanks to the UVA Law School Office of Career Services. As our tipster put it, there is video of UVA Law CSO “getting ice buckets dumped on them by a row of bros.” Does that sound like something you would like to see?
Longtime readers of Above the Law will recall the tale of Aquagirl. She’s the former Cleary Gottlieb summer associate who, while in a state of inebriation, stripped down to her underwear at a Chelsea Piers charity benefit and jumped into the Hudson River. This might have been an effort to demonstrate her swimming prowess (she was on the swim team in college), but ultimately she had to be rescued in a boat by either the Coast Guard or the NYPD. Her exploits are now the stuff of legend, the bar by which summer associate misadventures are measured.
In these pages, we’ve referred to Aquagirl simply by her nickname, in keeping with our general policy of anonymizing summer associate stories. But that policy admits of exceptions. We will now unmask Aquagirl because she’s back in the headlines for newsworthy conduct — this time heroic rather than scandalous….
Are you thinking about going to law school — and being encouraged to go, or even pressured to go, by your parents? Let’s start with the probably reasonable premise that your parents want the best for you. (Sure, your parents might be sociopaths who are trying to destroy your life, but why would you listen to them at all, if that’s the case?)
Not infrequently, the parental conception of “what’s best for you” involves a stint in law school. If you don’t want to go, how can you convince your parents that law school is a terrible, awful, very bad idea?
We feel like we’re taking magic Biglaw pills today and having hallucinatory flashbacks to 2006. The good news has been rolling in. Just today, we covered raises at Sheppard Mullin, and a 100% offer rate for D.C. summer associates at Latham & Watkins.
And over at Am Law Daily, Zach Lowe predicts good things for 2011. There will be more summer associate spots to go around next year, law school kiddies:
On-campus interviewing starts in two weeks at some schools, and early indications are that hiring at premier law firms will jump–in some cases by a lot–after plummeting this summer, according to sources at law schools and firms.
Cravath, Skadden, and Ropes & Gray, among others, plan to hire more warm bodies next summer than this one. This summer was dismal, after all, in terms of summer associate hiring, as demonstrated by these charts from the National Law Journal and Am Law Daily.
The upside of hiring fewer summer associates, though, is an increase in the likelihood of all of them getting hired. We’ve had more reports of 100% offer rates from a few firms today, along with fun ways of spreading the good news. Eyewitness accounts, after the jump.
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.
Things have changed recently in Korea – a few of our US and UK client firms are looking, very selectively, for a lateral US associate hire. Until just recently, there was not much hiring like this going on in Korea, since US and UK firms started opening offices there. We have already placed two US associates in Korea in the past month at top firms. Most of the hiring partners we work with in Korea do not actively work with other recruiters.
If you are a Korean fluent US associate in London, New York or another major US market, 2nd to 6th year, at a top 20 firm, with cap markets or M&A focus (or mix), or project finance background, and you are interested in lateraling to Korea to a top US or UK firm, please feel free to reach out to us at email@example.com or firstname.lastname@example.org. Our head of Asia, Evan Jowers, was just in Korea recently, and Evan and Robert Kinney will be in Korea in a few weeks. We are in the process of helping several firms open new offices in Korea (a number of which are interviewing our partner level candidates) and also helping existing offices there fill openings.
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:
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