April’s showers were supposed to bring May’s flowers, but last month turned out to be nothing but doom and gloom for the legal world. Not only did we get to see the biggest collapse of a law firm in U.S. history, but we also caught a glimpse of some of the worst allegations of attorney misconduct that we’ve seen in quite some time.
So, which attorney called opposing counsel an “ignorant slut”? Who busied himself with drawing pictures of male genitalia during a deposition? Which attorney wrote a letter to a former opponent in order to call him an “a-hole”? And who referred to a female attorney as the c-word?
Find out this, and more, when you check out our nominees for May’s Lawyer of the Month competition….
I think a lot of normal men have been in this position: another guy says something horrible about your female friend or colleague, expecting that you will go along. It makes you very uncomfortable in the moment — because your knuckles stopped dragging on the pavement years ago. Then it makes you extremely uncomfortable later when you see the female friend or colleague, and you have to decide whether or not to tell her the horrible things being said about her by these other people.
It happens more than you think, and most of the times most guys just keep it to themselves. There’s no upside to telling a woman all of the things guys say, most of the time. But sometimes, ironically, especially when it happens in a professional context, you have to tell your female colleague what other professionals are saying about her, just so she’s not blindsided as she tries to go about her job.
Maybe some people would consider it a violation of the “bro code,” but one lawyer seems to think that the code is a viable defense in court. Sanctions are being sought against a divorce lawyer who has allegedly been saying horrible things about female lawyers, and when he got called out, he responded in court that he never said any of that stuff “to their faces.”
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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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 six years. You can reach them by email: firstname.lastname@example.org.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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