Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Alison Monahan provides some practical advice for the new year.
It’s January, so we must reflect and resolve, right? Well, I’ve never been one for resolutions (just do it, don’t talk about it), but the beginning of a new year is a good time to examine recent history and identify “areas of potential growth,” shall we call them.
When I think about what I’ve been most surprised about in the 2+ years since I started The Girl’s Guide to Law School, one key thing stands out: The remarkable lack of urgency that many law students and young lawyers seem to feel about shaping their lives and their careers.
Before you get all offended, let me be clear. I’m not saying you’re lazy. I’m not saying you don’t spend a lot of time studying in the library. But — and I have to be honest here — there is an odd lack of gumption, of hustle, that permeates many of the interactions I have with law students and new lawyers.
Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Sunny Choi of Ms. JD suggests five New Year’s Resolutions for every associate’s wallet.
Being financially conscious requires a disciplined mind and willpower similar to what you would need to succeed at losing weight. You’re not going to lose those 10 pounds by carving out an exception, for say, your daily caramel latte from Starbucks. No ifs, ands. or buts when it comes to meeting financial goals. If you’re ready for the challenge, here are some ideas for New Year’s resolutions that you can tailor to your personal financial needs.
1. Aim for quarterly progress in paying down your law school loans.
With 2013 approaching, people will begin to start to think about what potential changes they may make for their New Year’s Resolution. Now, I personally am not a big fan of New Year’s Resolutions because I don’t understand the point of wanting to better yourself only once a year, simply because the earth has made a full rotation around the sun. We’re probably going to die on Friday anyway because of that Mayan garbage, so what’s the point? But for the sake of quality journalism, I’ll ignore that for the moment to give out-of-work law graduates a couple of ideas for their own resolutions.
First, there are some things that you should consider before taking on any resolution. Don’t pick something that’s too big for one person to conceivably achieve — like Tannebaum said, aim low, and strive for mediocrity. Also, don’t pick something that requires you to completely change yourself overnight. While it’s very admirable, doing so will likely result in you dropping the resolution and getting back to life as normal in February. A diet that lasts for only a month isn’t very effective, people.
For that same reason, whatever change you do choose, make sure that it’s something that you’re actually interested in doing. In other words, do a little research and realize what you’re getting yourself into. Thinking about it, maybe I should have taken my own advice and did a little more research before attending the “unaccredited law school” the commenters keep referring to. And by the way, I went to an accredited cesspool, thank you very much….
I cannot just write a post today without expressing that the depths of my heart go out to the parents, grandparents, uncles, aunts, brothers, and sisters who sent their little one to school Friday and are now preparing funerals. As the father of two girls, I, well, you know. I just cannot imagine.
On to less important things.
It’s already starting. The lists of the 10 things not to do in 2013, 20 things to do in 2013, seven ways to be happier, five things Google will do to kill your practice, what the future holds for the future, how every lawyer in the world will be loving MySpace again in 2013, and on and on and on. None of these people will tell you that they have no idea what they are talking about. They only live to tell you at the end of the year that they were right about one of their many silly predictions, the making of which has brought them nothing (e.g., “More lawyers are using (insert shiny toy here) and this I predicted, praise me.”).
I have no such list — no to dos or do not dos. No predictions. My only prediction is that your life probably won’t change much. I say set mediocre goals. Do not try to accomplish anything extravagant. You’ll just be disappointed.
So I’m just going to tell you what I’m doing in 2013. You can do or not do these things, I don’t care. Really, I don’t….
Eat healthy, workout, stop procrastinating, learn Spanish — it’s 2012 and time to make your New Year’s resolutions. One big resolution you should add to your list is to improve your legal career. Lucky for you, the recruiting professionals at Lateral Link have written articles that will help you with your career resolutions.
If you are clueless about your career goals and lack direction at work, you are not alone. For most, life at a Biglaw firm is not panning out as expected. There are ridiculous deadlines, inconsiderate co-workers, useless politicking, and no clear path towards professional nirvana. With the start of the new year, now is the time to define your career plan and outline your professional goals….
I would bet that at least half of you resolved to find a new job in 2012. And, for many, that new job means going out on your own. As with most New Year’s resolutions, however, such a measure may seem overwhelming.
Solo By Choice is divided into five parts: (1) The Decision; (2) Planning the Launch; (3) The Practice; (4) Solo Marketing; and (5) Solos in Transition. The sections offer information and advice designed for lawyers at all levels of experience, from new graduate to partner. A large portion of the book discusses new technology and social media. And to bring the message home, Elefant profiles successful solos and provides tips they learned in starting and running their own firms….
* Like a virgin, detained for the very first time: thanks to this court order, Egypt will be forced to come out of the dark ages and ban virginity tests for female detainees and military prisoners. [CNN]
* Oh, hell no. Judge Jed Rakoff issued an order 78 seconds after the Second Circuit decided to delay the SEC’s Citigroup case. His pimp hand is strong (which is impressive!). [WSJ Law Blog]
* As an attorney, you should know that the law stops for no one, not even Santa Claus. Major deals in Asian markets kept many Biglawyers working hard this holiday season. [Am Law Daily]
* Social media subpoena fail: “Haha. Boston PD submitted to Twitter for my information. Lololol? For what? Posting info pulled from public domains? #comeatmebro” [Boston Herald]
If you’re a lawyer, and some of you that read this are, you know it’s time to start trying to convince yourself that you’re going to do wonderful things “next year.”
Advice is readily available on the internet about the proper way to set goals, but as usual, I am here to help you ignore all of that. No reason to go to websites like mindtools.com that begin with a clear shot at Biglaw by stating: Many people feel as if they’re adrift in the world. They work hard, but they don’t seem to get anywhere worthwhile.
Anyway, here is my surefire way to have a great 2012 as a lawyer….
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: email@example.com.
Things have changed recently in Korea – a few of our US and UK client firms are looking, very selectively, for a lateral US associate hire. Until just recently, there was not much hiring like this going on in Korea, since US and UK firms started opening offices there. We have already placed two US associates in Korea in the past month at top firms. Most of the hiring partners we work with in Korea do not actively work with other recruiters.
If you are a Korean fluent US associate in London, New York or another major US market, 2nd to 6th year, at a top 20 firm, with cap markets or M&A focus (or mix), or project finance background, and you are interested in lateraling to Korea to a top US or UK firm, please feel free to reach out to us at firstname.lastname@example.org or email@example.com. Our head of Asia, Evan Jowers, was just in Korea recently, and Evan and Robert Kinney will be in Korea in a few weeks. We are in the process of helping several firms open new offices in Korea (a number of which are interviewing our partner level candidates) and also helping existing offices there fill openings.
Professor Joel P. Trachtman has developed a unique, practical guide to help lawyers analyze, argue, and write effectively.
The Tools of Argument: How the Best Lawyers Think, Argue, and Win is a highly readable 200-page book, available for about $10 in paperback or e-book. Chapters focus on foundational principles in legal argument: procedure, interpretation of contracts and statutes, use of evidence, and more. The material covered is taught only implicitly in law school. Yet, when up-and-coming attorneys master these straightforward tools, they will think and argue like the best lawyers.
For most attorneys, time spent managing the books is a necessary evil at best. Yet it is undeniably a crucial aspect of running a successful practice. With that in mind, we invite you to view or download a free webinar by Above the Law and our friends at Clio to learn how to better manage your finances.
Take this opportunity to learn what it takes to streamline your accounting and get the most out of your time. The webinar agenda:
● The basics of accounting for lawyers.
● How legal accounting differs from regular accounting.
● Report and reconciliation issues surrounding trust accounts.
● How to pick and integrate the best accounting tools for your practice.
● Steps to prepare your tax return for your firm’s income.
Do not miss this crucial chance to optimize your accounting practices. Save time and get back to billing!