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….
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:
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.
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.