Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Megan Grandinetti challenges busy lawyers to practice positivity.
A few years ago, I was buried in work and traveling for business. I ran into a friend of mine on a train in Philly, and he spent the next hour listening to (a) how many hours I worked, (b) how much I hated what I was working on, and (c) how the people at my Biglaw firm had zero regard for my personal life (wait a second, WHAT personal life?). I remember being fairly detached and casual as I was talking about all of this (I did NOT burst into tears, per usual), but years later, my friend told me that after that conversation, he had put me on “suicide watch.”
About a year after the suicide watch train incident, I realized that I had become a person that I didn’t recognize: a whiny, angry, sad person who only saw the negative in everything. I decided to do a 40-day challenge, during which I gave up complaining. That’s right, I stopped complaining for 40 days.
Many people enter the legal profession with the expectation that the public will see them as members of a noble trade to be revered and admired. Unfortunately, that’s simply not the case at all. For every would-be Atticus Finch, there exists an off-color lawyer joke. If you’d call 5,000 dead lawyers at the bottom of the ocean “a good start,” then you’re not alone.
According to a new study, although lawyers are viewed by the public as part of an “envied” profession, no one really likes them. Sure, lawyers may gain a scant amount of respect from some, but when you’re viewed generally as heartless bastards, no one will trust you…
Being a lawyer is time-consuming. First, you’ll have to subject yourself to spending three years in law school cramming knowledge into your brain. After you graduate, you’ll spend an inordinate amount of time trying to pass the bar exam and find a job. (If you’re incredibly lucky, you’ll have a job waiting for you at a Biglaw firm.) Last, but not least, once you’re working as an attorney, you’ll get to spend the vast majority of your waking hours at your desk.
Most practicing lawyers are lucky if they see sunlight, let alone have any semblance of what could be called a social life. There just aren’t enough hours in the day to accomplish all of the tasks that need to be done. That’s why being a lawyer landed on the latest ranking of careers that could have disastrous effects on your social life.
How high did lawyer rank on the “No Life Careers” list? Keep reading to find out…
Ed. note: Stat of the Week is a new feature that pulls data points from ATL Research as well as noteworthy sources across the web.
Classical game theory dictates that Rock Paper Scissors players should completely randomize their choices, selecting rock, paper, or scissors equally and unpredictably. However, a recent Chinese study found that most people play in a nonrandom and predictable fashion. Furthermore, attorneys apparently are particularly easy to beat at this classic method of alternative dispute resolution. Why?
The business of law continues to evolve post-Great Recession. Law firms are dealing with clients who are trimming legal budgets, shunning expensive hourly billing rates and subsidized training of associates, and opting for smaller and more cost-sensitive legal options.
These trends have had a ripple effect. The job market for lawyers—while showing signs of improvement in small pockets—remains depressed, resulting in intense critiques of legal education, downward-trending law school applications, and law schools adapting or closing. Presumably, law students and new lawyers notice these trends and are strategizing accordingly, thinking commercially and entrepreneurially about their careers, and seeking the best legal experience and ROI in a rough macro legal market.
Entrepreneurs recognize these trends and a few startups—UpCounsel, Lawdingo, Priori Legal, and LawTrades—are riding a robust tech (and derivative branding) wave to disrupt the increasingly vulnerable legal industry. Each (i) strives to provide a frictionless and transparent platform for cost-conscious clients to quickly acquire legal services, and (ii) offers lawyers an alternative avenue to monetize their degrees free of typical infrastructural and administrative burdens of solo or small practice. This new crop of startups has earned the label “the Uber of law.” What is their value proposition for lawyers? Are they truly Uber-like providers of legal services, or is that just opportunistic branding? Should lawyers care?
Ed note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Rob Jordan explores how good use of technology can improve your skills at networking events.
“The most meaningful way to differentiate your company from your competition, the best way to put distance between you and the crowd, is to do an outstanding job with information. How you gather, manage, and use information will determine whether you win or lose.” — Bill Gates
I wish I had a dollar for every time I heard attorneys and bankers initiate a networking conversation with the question: “What are you working on these days?” Given attorney-client privilege and/or other confidentiality issues, there is a strong likelihood that the recipient of that question is in no position to answer. And, so, the conversation is instantly uncomfortable and awkward. This is the professional equivalent of asking a potential mate “What do you do?” in a social setting — which is largely, mistakenly, and unfortunately the question of default (at least in New York City). Quite simply, many people either don’t or can’t define themselves by what they “do” or what they’re “working on.” So… don’t do that.
A better approach is to ask, “What’s interesting?”
Ed note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Marc Luber challenges Jim Saksa’s Slate article, “You Can Do Anything With A Law Degree,” with several viable career alternatives for JDs.
After law school, I took an unpaid internship. When I got my first music industry job in Los Angeles, I was severely underpaid. I sometimes wondered if the job required a high school degree, let alone a law degree. If you asked me then, I would have told you that a J.D. is a joke and that you should stay away from law school at all costs.
Ed note:This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Megan Grandinetti explains why “treating yourself” with your favorite foods may not be the best idea.
I gave a wellness talk at a law firm recently, and one of my tips for staying healthy while working crazy hours is to “streamline your Seamless”: pick a number of healthy, go-to meals that you can order during late nights at the office (and stick with those choices). Some of the participants were taken aghast by this suggestion: “BLASPHEMY!” they cried. “We deserve to treat ourselves for working so hard!”
I hate to be the bearer of bad news, but the “Treat Yourself” attitude is not going to work in the long run, unless you’re trying to gain weight for a movie role (Now Playing: The Chubby, Sedentary Lawyer).
Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Casey Berman discusses seven transferable skills that can give attorneys an advantage in the job market.
Some of us lawyers want to leave the law: We are unhappy and dissatisfied with our work situation. We suffer long hours. We find our day-to-day lawyer tasks mostly uninteresting. We are demotivated because we are not included in the partner track discussions. We feel we receive little-to-no mentoring. We are weighed down by high student loans.
And maybe most important, we feel that our professional skill set is not really in alignment with the duties and responsibilities required to be a lawyer. We are not fully confident that we can be a really good lawyer. It’s turning out that what we are good at doing and what we enjoy doing isn’t what an attorney does. We’re pretty sure that this lawyer gig is really not for us.
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.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
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: