Ed. note: This is the latest installment in a series of posts on lateral moves from Lateral Link’s team of expert contributors. As Michael Allen, Managing Principal at Lateral Link, recently announced, “We are pleased to announce the hiring of Ryan Turley [pictured], who brings years of legal and recruiting experience to Lateral Link. We recently sat down and he gave me his thoughts on the Chicago market and how it compares to the national market.”
As we become further and further distanced from the recession of 2008 and 2009, the market seems to be settling into a new equilibrium state that has seen a modest uptick in the demand for legal services and a sharp rise in the volume of lateral moves since 2009.
My own stomping ground, Chicago, is no exception. From 2009 to today, the Windy City has seen a significant increase in lateral moves:
It’s not all doom and gloom in the Back In The Race series. Despite getting ignored or getting countless rejection letters from law firms big and small, I like to have a little fun with my job search. So today, I will share my experience at an interview with a firm I had no interest in working for. Thanks to Above The Law’s generous contributor compensation plan, retirement benefits and student loan repayment assistance program, I can afford to be slightly more picky when it comes to choosing employers.
Over the weekend, a recruiter asked if I would be interested in meeting with a local solo practitioner who seeks to hire an associate. After learning a little bit about her and her area of practice, I knew it wasn’t going to work between us. But I decided to go to this interview anyway just so I could play the role of the demanding, entitled special snowflake and see her reaction.
So let’s find out who the lucky solo is and see how it all went…
Back in June, when I reviewed employment data for the law school class of 2013, I sounded some cautiously optimistic notes. I wondered whether a stable job market and shrinking law school classes could produce better employment outcomes for many law grads.
Could the jobs picture be even brighter than “stable”? Check out what looks like a big expansion of the U.S. Department of Justice’s prestigious Attorney General’s Honors Program, along with other opportunities to work as a lawyer for the federal government….
Fictional depictions of high-powered executives and lawyers feature personal assistants with job portfolios more akin to “slave child” than “professional.” Sometimes these assistants are associates, but usually they’re in some other job — like legal secretaries, or whatever Waylon Smithers does. These jobs don’t usually exist in real life. Sure, a partner might ask a paralegal or secretary for a cup of coffee, but they aren’t really so full of themselves as to expect some low-wage employee to peel grapes and fan palm leaves.
Unless you’re this guy, of course. This guy is a partner who wants an employee to “reduce my stress level” by handling every task that he feels is beneath his lofty stature. Behold someone so out of touch with basic decency….
So, it appears that there are some people who have ignored my advice and are about to show up to law school anyway. Still more people never heard my advice from their pre-law advisor/philosophy major. Welcome to the suck.
Well, there’s nothing for it now. You’re in it now and if you have chosen poorly it’ll be years before you fully realize the gravity of your decision. In the meantime, what are you supposed to do now? Classes are starting and… hey, are you briefing a case? Are you briefing a freaking case before classes even start? Jesus. PUT THOSE HIGHLIGHTERS DOWN.
You’ve heard about “outlines,” right? Outlines allow you to copy other people’s work so you don’t have to do it yourself. This is the way of things. I say, cheating is the gift man gives himself.
Someone on Craigslist isn’t happy with the job market in Charleston, South Carolina. Apparently law firms down there make hefty and cynical demands of their potential associates.
We understand that the market for attorney employment isn’t great right now, and we’re looking to capitalize on that so that we can maximize our earnings and minimize our costs. While this does mean a few more Ramen noodle meals for you, just think of how pleased you’ll be when you see us (the partners) cruising the waterways on our new boats or when we’re able to buy a second Lexus SUV for our wives. We understand that you’re seeking to build a career and pay off high-interest student loans, but second homes don’t come cheap and neither does the maintenance for my Mercedes to get there. And don’t worry, I don’t have any problems sleeping at night.
Thus, this parody classified. It’s already been taken down, but we grabbed a screen cap…
* Clearly we’ve got some problems, Cleary: Following Argentina’s default, the country is being advised to drop the law firm that said it was a good idea to default in the first place. [The Guardian]
* Lawyers have been flocking to Ferguson, Missouri, left and right to serve as “the eyes and ears of those who protect and guarantee civil rights.” That’s nice, but it’s kind of not working. [National Law Journal]
* “I really don’t know how the people who work there can keep a sense of sort of personal dignity.” American Law plunged in the rankings because of its “dubious employment prospects.” Ouch. [Washington City Paper]
* In case you’ve been wondering what the NFL’s response to all of the cheerleader wage-and-hour complaints are, here it is: “Labor law? LOL. The NFL is immune from state labor law.” [NBC Bay Area]
* Apparently there’s a national court-reporting championship that the world has been missing out on — until now. There was a major upset this year, and a new winner was crowned. Congrats! [WSJ Law Blog]
When starting out, solo practitioners have to find clients. The traditional way, through networking and advertising, will get mixed results. So some think outside the box and try to find new ways to get people’s attention. Some attorneys have fantasized about setting up a hybrid business combining law and something else.
Law practice can successfully complement other work because of overlap. It is not unusual to see attorney/CPAs practicing in the areas of tax, business, and finance. I have also seen estate planning attorneys double as financial planners. And I have seen too many real estate lawyers work as sales agents or brokers on the side.
But once in a while, someone proposes a business that tries to combine law practice with something that seems totally unrelated, such as clothing sales or a bakery (I know some attorneys who have actually proposed these). These ideas sound crazy and in most cases go no further than that. But a brave few have ran with it. And some are seriously considering it in light of the terrible job market.
While I don’t want to wish ill on someone who is legitimately trying to make a living and taking a risk, I think most legal hybrid business plans are not viable. Not to mention sounding silly. Click onwards to find out why…
A well executed survey can expose the deep hypocrisy of a group’s world view, especially when that group is law students. My all-time favorite example of this was the Kaplan survey that illustrated how law students thought that their classmates were making a horrible decision to go to law school, while they themselves were making a very wise choice.
That survey looked at people’s views on the way in. Today we’ve got a survey that looks at what people think about their law school experience on the way out. In general, they really liked their law school experience… except for when it came time to get a job…
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.