An ethics scandal is one thing. A sex scandal is another. The combination is amazing. That’s what happened when a lawyer was accused of billing a client $900 for a number of sexual encounters after starting up an affair with her. A guy’s gotta get paid.
This was the story of Thomas Lowe, a Minnesota attorney who got his Arnie Becker on by hooking up with a woman he was representing in a divorce and billing her, resulting in his indefinite suspension.
All this went down last year, but now — out of nowhere — we have a response from Thomas Lowe….
It has been a while since I took the S.A.T, but here goes. Nancy Grace: Casey Anthony Verdict; Valerie Katz: ________.
A. Ramona Singer Pinot Grigio;
B. Biglaw Spring Bonuses;
C. Closed Compensation Model in Small Firms;
D. All of the above;
E. None of the above.
Correct Answer: C. I, like Ms. Grace about the Tot-Mom verdict, am full of rage about closed compensation models in small firms.
A “closed compensation” model is defined as one “where partners in a firm do not know how much the others earn. While partners generally have a sense of how compensation is determined, they will not be party to the outcome by which individual compensation is arrived at.” An “open compensation” model, by contrast, is “one where individual partner compensation is known by all partners of the firm.”
A recent study by the Institute for Women’s Policy Research found that almost half of all workers in the U.S. “are either contractually forbidden or strongly discouraged from discussing their pay with their colleagues.” And, 66.7% of the respondents to my salary survey reported that they did not know the compensation that other associates earn.
Why does this make me think “the devil is dancing?” Find out after the jump….
On Sunday night, I was sitting on my couch eating Chicken McNuggets®, when Lat Skyped™ me. The following is a faithful transcript of our conversation.
Lat: Hey Juggs, I’ve got an assignment for you. Wait, why aren’t you wearing a shirt? Me: Why are you wearing a top hat? L: Touché. Listen, I have an idea for a pretty delicious story. Did you read that article in the Times about Headline News’s coverage of the Casey Anthony trial? M: I only read Mad Magazine. L: Okay, well, listen. Is there any way you can put on a shirt? M: *mumbles angrily and stomps off camera to find a respectable shirt* L: Okay, cool. Listen, that post you did about Jose Baez got some deliciously high page views. This trial is apparently through-the-roof popular and I think I know what you can do to cover it. M: Go on. L: I want you to… wait for it… spend a day watching Headline News. You watch the coverage, scribble down some thoughts and… presto! We’ve got ourselves a delicious post. M: Do I have to wear a shirt? L: Jesus, what the f**k is it with you and shirts? No. God, I don’t care. Wear whatever you want. Just watch TV and write down your thoughts. You think you can do that? M: Sure. I’ll be like Marlow, exploring the Heart of Darkness. L: That’s another thing. Your random literary references. They barely make sense and I’m pretty sure you haven’t read any books. M: Your top hat’s stupid. L: Okay, just do this. Ciao. M: Seacrest out.
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!
The legal industry is being disrupted at every level by technological advances. While legal tech entrepreneurs and innovators are racing to create a more efficient and productive future, there is widespread indifference on the part of attorneys toward these emerging technologies.
When the LexisNexis Cloud Technology Survey results were reported earlier this year, it showed that attorneys were starting to peer less skeptically into the future, and slowly but surely leaning more toward all the benefits the law cloud has to offer.
Because let’s face it, plenty of attorneys are perhaps a bit too comfortable with their “system” of practice management, which may or may not include neon highlighters, sticky notes, dog-eared file folders, and a word processing program that was last updated when the term “raise the roof” was still de rigueur.