Almost everyone who steps foot inside a law school in pursuit of a degree dreams of someday becoming a powerful voice on the world stage, but only a few are able to see that goal through to fruition. In fact, according to the latest Forbes ranking of the World’s Most Powerful People, only 10 lawyers or law school graduates truly matter.
Each year, Forbes compiles a list of the most influential people on the planet, and this year, out of the 72 leaders chosen (one “power broker” per every 100 million people in the world), about 14 percent of those who made the list are lawyers or law school graduates.
Which legal eagles soared to great heights and made their way onto this year’s list? Let’s find out…
It’s hard out there for a law student who can’t find a summer job.
Back in the before times, the summer was this excellent opportunity to make a little bit of money and, more importantly, secure legal employment for after graduation. Now, things are worse. For those who have a summer associate position, the program involves ten weeks of stress, hoping that you don’t screw up your offer while also praying you like the people you work with because there is no 3L hiring market.
For those who are unemployed, I mean, honestly, spending a summer getting drunk and playing SWTOR is probably as good as anything else you can do.
Whatever you do, you probably don’t want to end up like this student. The rule for law students over the summer is very simple: first, do no harm….
* Lloyd Blankfein testified in the Rajabba case and (you will not believe this) shook… Rajabba’s …hand. OMG. [Reuters]
* Meanwhile, in Wisconsin, prosecutor Ismael R. Ozanne is going to put the whole system on trial. [Bloomberg]
* The Supreme Court grappled with the question of whether poor people are entitled to legal representation in cases where they face jail time for failure to pay child support. On a related note, here is video of Shawn Kemp dunking on Alton Lister’s head. [New York Times]
* Dov Charney, world-renowned maker of leggings and sweatbands, once again stands accused of being a creep. [Los Angeles Times]
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.
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.
We at Kinney Asia have made a number of FCPA / White Collar US associate placements in Hong Kong / China thus far in 2014. Most of such placements have been commercial litigation associates from major US markets, fluent in Mandarin, switching to FCPA / White Collar litigation. Some have already had FCPA experience, but those are difficult candidates for firms to find (this will change in coming years as US firms are now promoting FCPA / White Collar to their 2L summers who are fluent in Mandarin and have an interest in transferring to China at some point).
Legal Week quoted Kinney’s Head of Asia, Evan Jowers, extensively in the following relevant article here.
There is a new trend in the market, though, where mid-level transactional US associates, fluent in spoken Mandarin and written Chinese, are interviewing for and in some cases landing junior FCPA / White Collar spots in Hong Kong / China at very top tier US firms.
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.