Jim Leipold
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2nd Circuit, Biglaw, Dewey & LeBoeuf, Fashion, Job Searches, Law Schools, Morning Docket, NALP, National Association for Law Placement (NALP), Partner Issues, Real Estate, Shoes, Trademarks
Morning Docket: 10.17.12
* Oh, by the way Dewey & LeBoeuf partners, the little contribution plan you signed that received court approval last week might not protect you from your former landlord’s claims for back rent. Hope you’ve all got an extra $45 million sitting in the bank. [Am Law Daily]
* Louisiana Supreme Court Justice Bernette Johnson will finally get to claim her seat as chief justice of the state’s high court after official judicial recognition — on both the state and federal level — that the year 1994 does indeed come before 1995. [Bloomberg]
* No matter how hard law school administrators wish it were so, or how much they beg Jim Leipold of NALP, he’s never going to be able to describe the current entry-level legal job market as “good.” [WSJ Law Blog]
* NYU Law School is changing its third-year program in the hopes of making a “good” market materialize. If you ship students to foreign countries for class, maybe they’ll get jobs there. [DealBook / New York Times]
* “[W]e’re determined to do everything we can to help them find jobs and meaningful careers.” We bet Brooklyn Law’s dean is also determined to avoid more litigation about employment statistics. [New York Law Journal]
* Has the other shoe finally dropped? After the Second Circuit ruled that YSL could sell monochromatic shoes, the fashion house decided to drop its trademark counterclaims against Christian Louboutin. [Businessweek]
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Associate Salaries, Biglaw, Money, NALP, National Association for Law Placement (NALP)
New York to $190K? Keep Dreaming! New NALP Report Says Median Associate Salaries Have Slumped
While that $160K salary sweet spot for first-years is still the norm in many large markets, it’s no longer as widespread as it once was... - Sponsored
Generative AI In Legal Work — What’s Fact And What’s Fiction?
Zach Warren from the Thomson Reuters Institute discusses the potential and the pitfalls. -
Biglaw, Cold Offers, Layoffs, NALP, National Association for Law Placement (NALP), No Offers, Summer Associates
Nationwide Layoff and No-Offer Watch: In Defense of Winston & Strawn
We covered recent associate layoffs and summer associate no-offers at Winston & Strawn. Here's some follow-up -- including words in support of the firm.
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Associate Salaries, Money, NALP, National Association for Law Placement (NALP)
Starting Salaries Are Swirling Down The Drain
NALP figures paint dismal picture of the salary realities for recent law school graduates... -
Biglaw, Job Searches, Law Schools, NALP, National Association for Law Placement (NALP), Small Law Firms, Solo Practitioners, Unemployment
How Did the Class of 2011 Fare in the Legal Job Market?
Law school graduates from the class of 2010 fared poorly in terms of employment. The class of 2011 couldn't have done any worse. Right? -
Biglaw, Conferences / Symposia, Headhunters / Recruiters, Job Searches, Law Schools, NALP, National Association for Law Placement (NALP), Paralegals, Summer Associates
NALP 2012: Good News, We've Probably Hit the Bottom
Elie Mystal is at the 2012 National Association of Law Placement conference. Every year, NALP tells conference attendees the trends in legal hiring. This year, the numbers are worse than ever! And that’s the good news.... -
Biglaw, Interview Stories, Job Searches, john quinn, Law Schools, National Association for Law Placement (NALP), Partner Issues, Partner Profits, Summer Associates
Quinn Emanuel Takes a New Approach to On-Campus Recruiting
Nobody has ever accused Quinn Emanuel of being too conventional. Now the firm is experimenting with a new approach to on-campus recruiting. What does John Quinn have up his sleeve? -
Job Searches, Law Schools, National Association for Law Placement (NALP)
Latest Job Data From NALP Confirm That Class of 2010 Is Lost
“[T]he new NALP numbers confirm that the job market is terrible for young lawyers (aka the “lost generation”).” I wrote that last year about the class of 2009. And last year things were way better than this year. This year’s NALP employment numbers are out, and they show that the class of 2010 had some […] - Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms. -
Law Schools, Money, Student Loans
Unbelievable Amount of Debt for Law Graduates
Breaking news: law school is expensive. Really, really expensive. Much more expensive than it used to be. Are there still people out there who don’t know that? I mean, we’re certainly at the point where you don’t deserve sympathy if you go to law school without understanding the financial ramifications of your decision. The truth […]