Earlier this week, we brought you news about the 10 worst cities for young attorneys ranked by standard of living, size of the legal community, and an active social scene for young people. Many of those cities were located in the South or in the Midwest, where law school administrators have insisted there are good jobs waiting. While some complained that the rankings were suspect for one reason or another, others — perhaps they were bitter? — went so far as to suggest they didn’t “want people that ‘rank’ the ‘worst cities’ coming to these great places anyway.” Sheesh.
Well, those worst-city defenders may be in luck, because today we’ve got the rankings for the 20 Best Cities for Young Attorneys, and this time, average billable hours per city are included. Once again, NALP’s Buying Power Index for the Class of 2010 was used to establish each city’s standard of living, and the resultant best cities were not only big, but they were also extremely Biglaw-centric, with reported median salaries to match.
Given the glut of attorneys being pumped out into the market on a yearly basis, recent graduates are being told to consider applying for employment in places that they normally wouldn’t — rural places like the cities in the Midwest or the Deep South. And for some, it’s been working out, but for others, the experience has been less than enjoyable.
Enter the latest set of rankings. Last year at about this time, the National Association for Law Placement (NALP) released its Buying Power Index for the Class of 2010. This year, National Jurist has presented a list of the Worst Cities for Young Attorneys, based, in part, on NALP’s figures. Unsurprisingly, many of those cities fall near the bottom of NALP’s buying power list, and one was even in second-to-last place. If you have other options, you may want to seriously consider them.
So where are the worst cities for young attorneys?
We know how much our readers love rankings, so for your viewing pleasure, we present to you the National Jurist’s sixth annual list of the Best Value Law Schools. This year’s Best Value ranking system takes into account the following criteria: tuition (25% of study), cost of living expenses (10%), average indebtedness upon graduation (15%), the percentage of graduates who got a job (35%), and bar passage rates (15%).
We’ve covered these rankings before. As in years past, National Jurist ranked only the top 20 schools, and has given letter grades to the rest of the schools on the list, ranging from A- to F. But this year, because of the uproar about transparency in employment statistics, the National Jurist’s rankings include adjusted weights for employment percentages based on 12 different categories.
National Jurist also paid special attention to average graduate indebtedness this year — and by “paid special attention to,” we mean that the publication hasn’t been following the news about the incorrect debt figures that were being used by law schools to pimp their programs like low-rent street walkers.
Check and see if your school made the grade this year….
Back in August, we reported on National Jurist’s fifth annual list of the 60 Best Value law schools. The Best Value ranking system takes into account the following criteria: in-state tuition, average student debt, the percentage of graduates employed nine months after graduation, and bar passage rates.
Two months ago, the list was unranked, but the final tallies for the honor roll have now arrived. As in years past, in addition to the rankings, National Jurist has given letter grades to the rest of the schools on the list, ranging from A- to F. Wouldn’t you hate to be a student or an alumnus of a law school with a failing grade?
Check and see if your school made the grade, after the jump….
We know how much our readers love rankings, so as we mentioned in Morning Docket, the National Jurist has released the fifth annual list of the 60 Best Value law schools in its preLaw magazine. As it stands, the list remains unranked, but the final grades for the honor roll are expected in October.
The Best Value ranking typically takes into account the following criteria: in-state tuition, average student debt, the percentage of graduates employed nine months after graduation, and bar passage rates.
But this year, the National Jurist made some adjustments to its rankings methodology to account for “fairness.” It now takes into account averages for bar passage rates and post-graduation employment over the past two years. And even if a law school didn’t meet one of these important standards, the school wasn’t automatically excluded from consideration. Everyone gets a trophy in this year’s Best Value rankings.
You may be surprised at some of the law schools that made this year’s Best Value honor roll. Check and see if your school made the list, after the jump….
Last month, we reported on the Best Value Law School Rankings produced by National Jurist. The initial list just mentioned the publication’s “honorees,” with a promise of numerical rankings later. That day has arrived, and the magazine is ready to tell us which is the very best value for law school in 2010.
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: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months (Robert Kinney and Evan Jowers will be in Hong Kong again March 15 to 23), and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.
Are you challenged by the costs and logistics of maintaining your office, distracting you from the practice of law?
Many small firms are successfully moving part—or even all—of their practice to a virtual setting. This even includes multi-jurisdictional practice spanning several states and practice areas, although solo and small partnerships are still the largest adopters of virtual law.
Can you do the same? The new article Mobile in Practice, Virtual by Design from author Jared Correia, Esq., explores how mobile technology bring real-life benefits to a small law firm. Read this new article—the next in Thomson Reuters’ Independent Thinking series for small firms—to explore how a mobile practice:
Everyone is talking about the importance of Social Media in Corporate America. But it is relatively safe to say that most law firms and lawyers are slightly behind the social curve. Most lawyers, at minimum, use LinkedIn, for networking. Some even use Twitter for pushing out short, pithy content, while many have Blogs, where they write their little hearts out. The adage “it is better to give than to receive” is not always true though in the world of Social. In the Social World – it is best to listen, give back and engage.
Social Media is a communications tool that can deeply educate you about the needs and wants of your clients and prospects when used in conjunction social media monitoring and sharing tools.
Take this quick quiz and see if you know how to use Social to help you engage more with your clients or to better service the ones you have.