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]
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: