“I never thought I’d end up working as a contract attorney doing doc review in a windowless basement,” my client bemoaned. “But then I read that piece about the lawyer who’s working as a clerk at Walmart. At least I’ve still got it over him in terms of job prestige.”
Well, you know how obsessed lawyers are with job prestige.
There’s a phrase, “the Downward Drift,” that crops up in discussions of serious mental health diagnoses like schizophrenia, and/or chronic substance abuse. The idea is that you are afflicted with serious mental illness, or become addicted to a harmful substance, which in turn leads to a slow, inevitable slide downward in terms of social class. Before long, the wealthy, Upper East Side business executive suffering from schizophrenia and/or severe alcoholism finds himself jobless, friendless, and eventually even homeless, sleeping in shelters and begging for change.
Weirdly, the same phenomenon — the Downward Drift — affects people who acquire Juris Doctor degrees…
Here’s what you never hear anyone say at a Biglaw firm — followed by a discussion of why you never hear anyone say it.
Here we go…
Let’s work on this together. It’ll be more fun.
People write me all the time, complaining I’m too down on Biglaw. Nothing new there, but one guy, recently, expanded on the topic, adding that he works at a firm where everyone, so far as he knows, is happy — enjoying a rewarding career in a supportive, non-exploitative environment.
Perhaps you can see this coming: It turns out this guy owns the firm — and specializes in oral arguments before federal appellate courts. Prior to becoming managing partner, he attended top Ivy League schools.
By way of a reply, I opined: “Your experience might be considered atypical.”
Last week I wrote about weighing “the desperate need for a paycheck against the prospect of selling your soul, or at least performing work that you despise.” This week, I am writing about taking a non-legal job, and the potential consequences.
So, you have graduated with a mountain of debt and cannot find a job. It can seem like you are at the wrong end of a dead end street with an out of control steamroller headed your way. But it doesn’t have to be this way. You might have more options than you think. Be creative, seek advice from several reliable sources, and you could land a position that isn’t perfect, but it will pay those bills.
Spectating upon the atom bomb ignition at the Trinity test site in New Mexico, Robert Oppenheimer was reminded of a scene from the Bhagavad-Gita — an encounter between the prince and Vishnu, the latter apparently in a cranky frame of mind. The scene culminates in Vishnu, who is attempting to persuade the prince to do his duty, assuming a multi-armed form and intoning:
I have become death, destroyer of worlds.
There are lawyers out there who remind me of Vishnu in his multi-armed form. No, they don’t sprout extra limbs, or destroy entire worlds. These Biglaw-inspired incarnations of Vishnu merely assume the form of senior female attorneys to become career-death, destroyer of junior associates.
Behold the Biglaw Vishnus! (And trust me, within their personal sphere of destruction they give the real thing a run for his money.)
In a job market as dismal as this one, you would think that I would advise taking anything you can get. You would be wrong. I recommend carefully weighing the desperate need for a paycheck against the prospect of selling your soul, or at least performing work that you despise.
I am not talking about doc review, or procurement law here. I am talking about going to work for a Catholic organization when you are agnostic, or taking a gig in a firm that does work that is abhorrent to your belief system. It is easy to preach when one has a job, but I am routinely asked about obtaining in-house positions, and my experience (when I was too stupid, or afraid, to say “no”) gives me a certain gravitas when it comes to this issue….
I have heard the ad messages many times: “hire a veteran, hire an older person, hire the handi-capable.” (First commenter to get that last reference wins). As someone who went through a period of “transition” — read: “you’re not going to make partner, you might want to start looking,” I know all too well the difficulty of a job search. And this was before the current down times in hiring. I would say that one of the worst aspects of such a job search is sending off the application packet to unknown, faceless people who likely have a pile of hundreds of such packets to sift through. It’s the faceless part that is the focus of today’s column.
As an in-house attorney, I am fortunate to be on the buy side in one aspect of my job — hiring outside counsel. Firms clamor for our attention (and dollars) and it is nice to be on this side of that fence. Business development is hard. And it sucks. But in our community we have a perfect storm for the idea I am proposing today — we have a large pool of “in transition” attorneys and we have several firms of moderate to large size all wanting business from my company. So I propose the following: we have an event where a pool of these in transition folks are in a room with representatives from the firms, and where face-to-face networking can take place and résumés can be left with actual people…
It was one of those calls where the Customer just wants to vent to someone perceived to be in authority. They are upset at your Company for something or other, and have already taken the sales team to task. Now, it’s your turn. Some might say that the weight of the Customer on your bottom line should determine the amount of obsequiousness you serve. I would argue that in the scheme of things, it really does not matter the size of the Customer, falling on one’s sword can repair damage quicker than a protracted rant session that ultimately devolves into he said, she said.
Judy Sheindlin once told me, “don’t go to law school, the world has enough lawyers.” My response was, “that may be true, but are there enough ‘good’ lawyers.” I posit that the answer is no, there are not enough ‘good’ lawyers. We practice in a field where there is certainly of glut of licensed professionals. And unlike doctors, there is not a constant worldwide need for our services, no matter how self-important we have deluded ourselves to be. I wrote last week about attending the ACC Annual Meeting, and having an enlightened moment of how very much in this field I don’t (can’t) know. Not for want of desire, but because of the evolution of technology, and good old case law.
It made me truly feel for those folks tasked with compliance for their companies….
Arriving home exhausted on the red eye from Los Angeles, site of this year’s ACC Annual Meeting. Tired though I may be, I am refreshed and energized about my job. Sharing a large convention center with in-house counsel of all stripes and from around the world is fantastic. I get to share ideas, learn more about topics that I don’t touch in my everyday practice, and collect a raft of CLE credits. I also get to network to my heart’s content. All of those things are integral to success for today’s in-house counsel.
I have written about the importance of those topics individually over the past years, and the chance to experience them in a three day conference can really change your frame of reference, and refocus your mind on just how much is out there that you don’t know. It’s like the old law school joke about the gunner who came to class not having finished the day’s reading. When asked “why” by the professor, she said, “I kept following the case cites and never got to the end.” There really is that much out there. And after sitting in on a CLE about social media and big data, there is so much more that just keeps on coming…
I have a Phish hangover: scratchy throat from the smoke (“ah, the peat”), deaf in one ear, and “Light” reverberating on earworm replay. It was nice to see a major band come to my little town on a throwback tour of smaller and more intimate venues. It gives one a chance to see the performers up close, take in and appreciate fantastic musicianship, and have a good time with a few thousand of my friends in music. Sometimes smaller is better, and getting a close up view of how things are done can give you an appreciation for the larger machine at work. I tie this to a recent foray into the Sales cycle where I was able to see and hear things in which I don’t usually participate. Yep, I went on a Sales call….
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.
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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: