Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Alison Monahan offers advice to the bosses of new lawyers.
After writing a few pieces advising young lawyers how to start off on the right foot in their new jobs, it occurred to me that it might be helpful to look at the question from the other angle: If you’re supervising a young lawyer (or a law student in a summer job), what can you do to help ensure a smooth transition?
Here’s some advice for the care and feeding of young lawyers (and lawyers-to-be)….
It is hardly shocking that a woman who chooses to operate under a pseudonym is an introvert. If left to my own devices, I would stay at home watching television and looking out my window. I am talking Boo Radley here.
Unfortunately, momma’s got to earn the money to pay the cable bill, so I must force myself out into the world. Oh, and momma needs a new job, so I have to do the single most painful thing a girl like me must do. No, not hook. I must… NETWORK.
In the past, when attending networking events, I would bring a friend, get drunk on cheap chardonnay, and leave without speaking to anyone new. That is apparently the wrong way to network. So, recently, I decided to really put myself out there: I have started attending networking events (well, at least one networking event) alone. I got there late, hung alone in the corner awkwardly playing with my phone, drank cheap chardonnay, and left without speaking to anyone new. Alas, it was time for me to ask for help…
Luckily for me, I did not have to search far for advice on networking. There are thousands of listicles about how to network. Most of them were useless (e.g., they suggested foregoing chardonnay), and most were geared towards people who did not consider “fear of public speaking” as a scarier thing than death. (Yes, I am one of those people.) Thanks to my LinkedIn news suggestions, I discovered a subset of networking articles geared towards introverts. The advice was earth-shattering….
There is usually little justification for the decisions I make in life. Consequently, I get really excited when I find studies that support my poor choices. For example, did you hear that chocolate makes you skinnier? A new study found that “people who eat chocolate frequently have lower body mass indexes than those who eat it less often.” There was something mentioned about “moderation,” but that minor detail seems trivial. The important takeaway is that I have license to eat as many Cadbury Eggs as I want, and I will lose weight.
Continuing in that vein, I found an article that confirms my long-held views on how to succeed as a small-firm lawyer: take frequent breaks, go on vacation, nap, and wear sweatpants. Don’t believe me? Check this out….
I have become obsessed with LinkedIn lately (and not just because of their recent IPO). I am trying to become one of those people with the 500+ connections. So I troll the website for potential contacts on an hourly basis.
Yesterday, I found a few guys with whom I had gone to law school. These guys bypassed Biglaw and went straight to IP boutiques. Five years after graduating law school, these guys were all partners. Seeing this, I confirmed a theory I have long held: the road to success in a small firm is vastly different than that in Biglaw.
I do not mean to say that the path to success is easier in a small firm, despite the shorter path to partner for my classmates (which is not true for all small firms). In fact, in some ways becoming a successful small-firm associate may be more difficult than in Biglaw. So, how do you excel at a small firm? I asked some small-firm superstars to share their tips….
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
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: