Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Mansfield J. Park weighs in on whether law students should stay in the game or quit while they’re ahead.
Sorry for the tease, but I want to start with Silicon Valley, then get to the sex change. I promise this will all vaguely make sense, in a “isn’t life complex but interconnected, but not in a vapid Crash kind of way?”
In Silicon Valley, I am told, there’s a saying: Fail fast.
Which really means: Fail fast, succeed faster.
The vast majority of startups there fail, so failing fast gets you on to the next project and, just maybe, closer to success. Your own country or whatever. Success is not inevitable in the startup world, but it’s more likely if you quit a failing venture to move on to something better.
Silicon Valley startup life is pretty different from law school. Law students are not known for their appetite for risk. Still, many of the 50,000 or so new law students could take the “fail fast” advice to heart.
* Should the mentally disabled receive the death penalty? Neither SCOTUS nor Georgia’s Supreme Court stayed Warren Lee Hill’s execution, but the Eleventh Circuit saved the day. [Washington Post]
* If you’re looking for a mishmosh of Biglaw news, from new offices to new hires to new firm leaders, then look no further. If only this list were in alphabetical order! [Law Firm Insider / U.S. News & World Report]
* Dewey know why this partner who was sued by Barclays in the U.K. over his capital loan is suing the bank in the U.S.? It involves an alleged fraud and Joel Sanders. [Thomson Reuters News & Insight]
* So much for that “silly sideshow”: Judge Richard Sullivan of the S.D.N.Y. hasn’t made a ruling in the Greenlight case yet, but he says David Einhorn may have a “likelihood of success on the merits” if the matter proceeds further. [Bloomberg]
* One of the partners at this small law firm apparently watched Secretary a few too many times, and he’s now accused of threatening to “whip” his ex-assistant into shape because she was a “bad girl.” [New York Post]
* The University of Utah’s S.J. Quinney College of Law named an interim successor to former dean Hiram Chodosh, but we can’t say he’s a law dean hottie. He looks like Van Pelt from Jumanji. [Salt Lake Tribune]
* The Catholic University of America’s Columbus School of Law will house the first clinic in the nation devoted to pardons and the law. It figures that a religious school would focus on legal Hail Marys. [Blog of Legal Times]
* Career alternatives for law school dropouts: mining magnate and financier of the Titanic II. Much like the value proposition of going to law school for today’s generation, this idea is unsinkable. [New York Times]
* Prosecutors have upgraded the charge against Oscar Pistorius to premeditated murder, and one could now say the track star doesn’t have a leg to stand on when it comes to being released on bail pending trial. [CNN]
* D is for… divorce? Sesame Street is talking about divorce in a way that children can understand, but alas, the series neglects important topics like “why mommy is a whore” and “why daddy drinks.” [Law Firm Newswire]
Times are tough these days for law school graduates, so to be quite frank, we don’t blame you if you’re considering dropping out. Because when some of your post-graduation career options involve document review hell, stocking the shelves at a local retail shop, or performing what’s essentially slave labor to the tune of $10,000, dropping out may be your best bet. But not to worry, because if you were to drop out, you’d be in some pretty good company.
For example, would Gene Kelly have been singing in the rain if had he continued on with his legal studies at Pittsburgh School of Law? Yes, this choreographer extraordinaire and musical jack-of-all-trades attended law school for only two months before he dropped out, and his life was all the better for it.
Who else can be counted among our nation’s most famous law school dropouts?
Today we have a more subtle question: should a rising 2L take a year off? He doesn’t have a job or any prospects or anything, but the kid wants to know if hitting the “pause” button on his legal career will do him any good.
Let’s break this down. And don’t forget to take our poll and add your own advice, in the comments….
As baseball fans are well-aware, the San Diego Padres don’t have a very good record. At 15 games below .500 this year, they’re the second-worst team in the National League West, the fourth-worst team in the National League, and the fifth-worst team in all of MLB right now. The Padres have only won the National League Pennant twice, but lost in the World Series both times. They’re the only team in MLB to never record a no-hitter. To be frank, the Padres suck.
Why anyone would want to apply for a job working with the Padres is simply beyond me. Why that same person, a law student at the time, would apply for a job with the Padres at least 30 times puts her in wackadoodle territory. But who am I to judge?
Anyway, eventually people get sick of receiving rejection letter after rejection letter after rejection letter — or in most cases, no rejection letter at all. These days, people don’t even have the courtesy to tell you to go f**k yourself. I’m sure recent law school graduates can commiserate.
But after applying and being summarily rejected for an extremely low-rent job with the Padres, this former law student had absolutely had it. She was mad as hell, and she wasn’t going to take it anymore. The result? Possibly the best email ever sent from a repeatedly rejected job seeker….
Professor Joel P. Trachtman has developed a unique, practical guide to help lawyers analyze, argue, and write effectively.
The Tools of Argument: How the Best Lawyers Think, Argue, and Win is a highly readable 200-page book, available for about $10 in paperback or e-book. Chapters focus on foundational principles in legal argument: procedure, interpretation of contracts and statutes, use of evidence, and more. The material covered is taught only implicitly in law school. Yet, when up-and-coming attorneys master these straightforward tools, they will think and argue like the best lawyers.
For most attorneys, time spent managing the books is a necessary evil at best. Yet it is undeniably a crucial aspect of running a successful practice. With that in mind, we invite you to view or download a free webinar by Above the Law and our friends at Clio to learn how to better manage your finances.
Take this opportunity to learn what it takes to streamline your accounting and get the most out of your time. The webinar agenda:
● The basics of accounting for lawyers.
● How legal accounting differs from regular accounting.
● Report and reconciliation issues surrounding trust accounts.
● How to pick and integrate the best accounting tools for your practice.
● Steps to prepare your tax return for your firm’s income.
Do not miss this crucial chance to optimize your accounting practices. Save time and get back to billing!
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!