The 86th annual Academy Awards ceremony is this Sunday. It may be amid reviewing stacks of documents, but you know you’re going to be watching — hardly anything else will be on television that night. What better way for lawyers to celebrate the occasion than to learn up on and study the best legal movies of all time?
Can you guess what the top 10 legal movies are? Do you know which ones had the most Oscar wins? Don’t worry, we’ll help you out with that. Keep reading to find out the answers to these questions…
This is the latest in a new series of ATL infographics — visual representations of our own proprietary data, relevant third-party data, “anecdata,” or just plain jokes. This infographic is brought to you by our friends at Prestige Legal Search. Earn another $5,000 to $50,000 with their Rewards Program.
For the most part, Biglaw associate bonuses remain stuck at last year’s levels, reflecting expectations that firm profits will be flat at best. This might seem fair, with everyone feeling the pinch of the “New Normal” and so on. But when we take a small step back and see how these bonus numbers compare as a percentage of partner profits to the bonuses of just a few years ago, these bonuses are arguably pretty measly.
The current $10,000 “market” (i.e., Cravath-following) rate for first-years is just 0.29% of Cravath’s profits per partner (according to the American Lawyer). Back in 2007, first-year bonuses equaled 1.36% of PPP. In other words, the Cravath partnership was nearly five times more generous to its associates back then.
Obviously, Cravath is among the most profitable firms in the world. What are the implications of matching Cravath’s bonus scale for those firms with much lower profit margins? Today’s infographic takes a look at how big a hit to PPP partners willingly take in order to Keep Up With The Cravathians….
Ed. note: This is the latest post in our series of ATL infographics — visual representations of our own proprietary data, relevant third-party data, “anecdata,” or just plain jokes.
Elie here. My first “Black Friday” (that’s the Friday after Thanksgiving for those who reject consumerism in all of its forms) while working in Biglaw, I went into the office. My second Black Friday, I went to the therapist. I didn’t make it to my third one.
Thanksgiving is next week, and while you certainly shouldn’t have to work on Thursday, Friday is a different matter. So, we’ve put together this helpful decision matrix to figure out if you actually have to drag yourself into your Biglaw office on Friday… or if you can sleep off your turkey hangover surrounded by your family and/or the escort you paid to make your holiday feel less empty…
Pro bono work is often an afterthought in the minds of attorneys who have more important things to do with their time — things like “churn[ing] that bill, baby!” But for others, it’s a commitment to fulfilling the very concept their naive and idealistic law school applications were premised upon: helping the people who need it most.
We know lawyers like rankings, so we thought we’d provide you with a way to measure a firm’s prestige and beneficence, all at the same time. Out of all of the Biglaw firms in the United States, which five are filled with the most worthy do-gooders? Let’s find out…
We’ve talked before about the law school brain drain. Essentially, and despite the best efforts of some law professors, the students with the best “logical reasoning skills” as measured by the LSAT are avoiding law school at a higher rate than people at shallow end of the LSAT pool.
There are a couple of possible explanations. Sure, you could say that smarter people aren’t being fooled by the law school value proposition and are making wiser choices. But you could also say that people who test well will naturally have more non-law-school options as the economy recovers.
Still, the fact that law school looks like a bad option to more and more people with lots of options is something that should worry law school administrators — you know, if law school administrators worried about the long-term viability of the current system of legal education.
In Non-Sequiturs on Tuesday, we mentioned a new chart that illustrates this brain drain from a non-LSAT angle. I wasn’t here on Tuesday, so I wanted to highlight it and talk about it a little. Let’s look at whether students from top colleges are applying to law school…
Everyone knows lawyers make mad bank. That’s why you become a lawyer, right? Or, maybe they don’t always get super rich, but they usually do. Wait… lawyers used to always get super wealthy, but now not so much.
Dammit, now I’m all turned around. Point is, however much attorneys make in the U.S., how does it compare to lawyers across the rest of the world? Without further ado, check out our Infographic of the Day….
Law students are coming back to campus now, mainly for on-campus interviewing. How is 3L recruiting going for you, class of 2013?
Ha ha, just kidding. Hopefully when these kids decided to go to law school back in 2010 — despite overwhelming evidence that it was a risky proposition — these kids had some kind of back-up plan for just this situation.
Speaking of “overwhelming evidence,” there’s been a fun little infographic making the rounds around the blogosphere. It’s about the “new” trends in the legal market.
I’m not sure these trends are particularly new. In fact, I think these are trends that people should have been aware of for years. But since so many people show up to campus without critically thinking about their post-graduate job prospects, I’m going to guess this infographic is breaking news to a lot of returning law students…
We’ve mentioned this before, but it definitely bears repeating: fashion law is a fast-growing specialty practice area, a place where IP and corporate junkies alike can spread their wings and fly while taking a tour of the wonderful world of haute couture law. Thinking about joining the party?
If you’d like some additional details on this $250 billion dollar industry before becoming an insider in this stylish subset of law, check out our handy-dandy Infographic of the Day….
It’s easy and popular to criticize America’s tendency towards over-litigiousness. You can talk and argue all day over abstract ideas, but have you seen the numbers all laid out in a handy-dandy infographic? No? Well, we have a special treat for you….
Hey, have you read Above the Law for like one single minute in the past month? If so, you probably know that we’re having this big blogger conference on March 14th at the Yale Club. Yeah, the Yale Club. You’ll be able to recognize me: I’ll be the only big… blogger guy surreptitiously holding a can of crimson spray-paint.
Speaking of coming, you should come. We’ve got CLE and all that. Click here to buy tickets to get CLE credit for listening to bloggers scream about stuff on the internet.
To refresh your memory, details on the panel that I’m moderating — almost entirely sober, mind you — follow.
My panel is called Blogs as Agents of Change, and we’re going to talk about whether all of these spilled pixels are actually making a difference. You know my view… just ask Lawrence Mitchell, but here are the panelists:
So you spent a considerable amount of time courting, selling and maybe even doing some friendly stalking of that attractive lateral partner candidate with a sizable book. After he or she ignored your emails and didn’t return your calls, a few weeks go by and you read a press release in the legal media announcing the recent move to a competing firm.
Rats. Another one got away from you. You cringe when you consider how much time was spent in meetings that did not bear fruit. Your heart aches when recall how you were led to believe this was a marriage made in heaven.
You have been rejected.
The sting of rejection is painful, even for fancy law firms. But you need to find a way that you can turn this disappointment into a legitimate learning experience.
No, this isn’t a pre-party before we come back next fall for the real thing. This IS the real thing. Quinn Emanuel is pushing the envelope on recruiting. The party is now. This is when you meet the partners and associates face to face. This is when we begin the dance that could land you an offer for your second summer BEFORE school starts in the fall.
First: You come to the party. Second: If you like us, you send your resume after June 1, 2014. Third: If we like each other, you get an offer.
We’re not waiting for fall. We’re not doing the twenty minute thing. This party is the real thing!
We hope you’ll join us, and look forward to meeting you.
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