I think everybody who has ever sat in a windowless conference room while staring at a screen and clicking through millions of documents has thought to themselves: “I wish I were dead.” “Somebody, please help me, it hurts.” “Zihuatanejo.” “I am not doing legal work.”
Whether you find yourself contracting after three years of law school or you were fired from a real legal job and are now contracting in lieu of moving back home with your parents, you don’t actually need a law degree to know that trained chimpanzees could be doing contract attorney work. In fact, the only reason they don’t use trained chimpanzees is that it’s much, much cheaper to train human beings to do it. And after a while, the chimps might revolt and kill their document room overseer while the humans will sit there in docile and vain hopes that one day they might get a real lawyer job.
Which brings us to the subject of today’s lawsuit challenging the Biglaw system of hiring contract attorneys to do menial, low-level, thoughtless work, and then not paying them overtime. Attorney Willian Henig has sued Quinn Emanuel alleging that contract attorneys should not be exempt from the Fair Labor Standards Act rules about overtime pay.
We’ve seen suits like this before, but this one is coming at one of the biggest and most well-known firms in all of Biglaw….
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: