Biglaw summer associate programs are like lions in winter: shriveled husks with but an outline of their past glory.
Instead of talking about it, we decided to make an illustration so we can all look at it in horror. We’ve compared the sizes of the 2007 summer classes at the top 50 largest law firms to the sizes of these firms’ 2013 summer classes. It’s a little bit like comparing the size of House Stark before and after they started messing with the Lannisters.
Winter is coming, would-be summer associates. Here’s a picture for those of you who are confused by math….
Ed. note: It’s Biglaw interview season, and your friends here at Above the Law would like to give you the best fashion advice possible to ensure your success in the “new normal.” Today, we’ll be focusing on our female readers. This post is written by Mandana Dayani (USC Gould School of Law ’07), a former Paul Hastings associate who currently serves as Vice President and General Counsel of Rachel Zoe, Inc.
I will never forget the panic and angst surrounding on-campus interviews — the constant reformatting of résumés, the sudden competitiveness of your friends, the pressure of finding the right job, and for most of us, the daunting task of figuring out the perfect outfit that gives the best first impression. When it comes to interview attire, my advice is to present yourself with a look that does not detract from the focus of the meeting — you want to impress your potential boss with your sophistication and capability. Keep it classic, nothing too trendy or polarizing, and let your style come through with a couple of carefully selected accessories…
The sky is not falling. Or if it is, it’s falling very, very slowly.
Yes, the legal industry is going through some major changes. The profession is becoming more business-focused than ever before, meaning that it’s harder out here for a partner. It’s also a tough time to graduate from a low-ranked law school if you’re not at the top of the class, as Elie Mystal has discussed at great length.
But for many law students and young lawyers, especially those with strong credentials from strong law schools, times are still good. For proof of this, consider on-campus interviewing (OCI), currently taking place at law schools around the country….
Given all the boring, goody-two-shoes summer associates this year, offer rates should be sky high. Let’s find which firms are rocking the 100 percent offer rate — information that rising 2Ls will want to know as the new on-campus interviewing season starts up….
Joint degree programs appeal to some people. The thought of walking away from school with a J.D. and an M.B.A. in hand is nice. I’m not counting any other joint degree program. It’s nice to get a Master’s in Interpretive Dance with your law degree, but that’s not what people are really thinking of when they hear “joint degree program.”
It is another year of schooling, though. And that extra year comes with extra tuition and debt. However, most students going the joint degree route reason that it doesn’t matter because in the end, a joint degree will open many more job opportunities. Plus, you get two years to summer and try out places to work!
But at Harvard, some joint J.D./M.B.A. students are being locked out of job interviews. Is Harvard screwing over these students, or making a prudent call to protect the rest of the class?
* A senior litigation associate at Paul Hastings, Ryan Nier, has decided to participate in something called the Death Race, and it has nothing to do with the drive for partnership. This Death Race is 50-mile mountain endurance/obstacle race that takes somewhere between 24 and 48 straight hours to finish. Only a handful complete the race every year, and Nier is determined to be one of them. From what we’re told, Paul Hastings has been entirely supportive of Nier, which is cool because he’s using it as an opportunity to raise money for charity. But who knows how supportive they’ll be when they realize he won’t have Blackberry access on top of the mountain for 48 hours. For more information about the Death Race, check out the website. [The Death Race]
* Law student golfing across the U.S. So, I take it summer associate gigs are still scarce? [Golf.com]
* “Guess What the Air Force’s Chief of Sexual Assault Prevention Was Just Arrested For…” Hard to top that headline. [Lowering the Bar]
* Harper Lee suing over “To Kill a Mockingbird” (affiliate link), alleging that the son-in-law of her literary agent botched the copyright. *Insert cheap Atticus Finch joke here* [Washington Post]
* Dr. Phil is suing Gawker alleging that the website posted a video of the pop psychologist’s interview with Manti Te’o, stifling ratings. So Dr. Phil thinks his audience strongly overlaps with Gawker’s. I’m incredulous. [Yahoo! Sports]
* This is why an over-aggressive cease and desist letter can get you into more trouble. Enter the world of the “miniature war-gaming community.” [Popehat]
* A guide to the questions applicants need to be able to answer at OCI. The best? “Describe a situation when you had to think on your feet to extricate yourself from a difficult situation.” This provides insight into how the applicant will deal with virtually every situation that ever comes up in Biglaw. [Ms. JD]
The divide between “being a nice guy” and “being an asshat” is often found in the willingness to share. The compulsion to bombard everyone’s inbox with advice just to be smug friendly can turn even the most well-meaning effort into an inspiration for eye rolls.
Like a 1600-word screed directed at one’s schoolmates, offering unsolicited interview advice.
Manti, summer associates on our team are expected to have sex with real women.
I saw Magic Johnson yesterday. I was standing on the first floor of the building I work at. I won’t bore you with the details of my job, but it involves quite a bit of non-legal work. If you’re picturing a Spanish-speaking gentleman wearing a sandwich board that advertises cheap men’s suits, you wouldn’t be far off. I mean, I was technically hired as an attorney. And I do a fair amount of nominally legal work. Suffice to say, however, that the name tag I was wearing yesterday when I saw Magic Johnson does not… aver that I’m an attorney.
Anyway, I saw Magic Johnson yesterday. He strode like a behemoth across the marble floor and the first thing I thought was, “This man is enormous.” And I don’t mean that he’s fat. Although it’s clear he’s gained a good amount of weight since Showtime. I mean that he’s unbelievably tall. I would have pegged him at seven feet easy if I didn’t already know his listed playing height of 6’9″.
The second, third, fourth, fifth, and sixth things I thought were “HIV virus.” The audio of that press conference can be recalled at a moment’s notice. Especially the way that he unnecessarily appended the extra “virus” onto the end of that seeming death sentence, thus joining the other 20th century sporting legend who had made a public announcement full of echo regarding his impending death.
Today, do I consider myself the luckiest man on the face of the earth? For seeing Magic? No way. Nothing makes up for me having to wear a name tag.
* The horror! The horror! Sacrilege! Constitutional law nerds nationwide will weep at the very thought of someone suggesting that our country’s governing document be amended to abolish life tenure for Supreme Court justices. [Los Angeles Times]
* Quite frankly, it’s pretty amazing how quickly the preclearance section of the Voting Rights Act went from being seen by states as something that wasn’t “onerous” to being “arbitrary and burdensome.” That’s politics for you. [It's All Politics / NPR]
* Jim Woolery, an M&A superstar formerly of J.P. Morgan, has made the jump to Cadwalader after only two years at the bank. Upgrade or downgrade from his Cravath partnership? [Wall Street Journal (sub. req.)]
* It you want to be employed, make damn sure you nail your interview because “[t]he stakes are higher than ever” — fewer than 13 percent of permanent law jobs were obtained from OCI in 2011. [National Law Journal]
* Greenlight Capital’s case against Apple might have been perceived as a “silly sideshow” by some, but it looks like Judge Richard Sullivan of the S.D.N.Y. purchased front row tickets. [DealBook / New York Times]
* Speaking of silly sideshows, the DOJ recently joined the fray with Floyd Landis and his False Claims Act suit against Lance Armstrong. Perhaps it’s time for the disgraced biker to take his ball and go home. [Bloomberg]
* Alan Westin, privacy law scholar and professor emeritus of public law at Columbia, RIP. [New York Times]
Greetings from San Francisco, home of the world champion Giants, surprisingly noisy trolley cars, and the faint smell of cannabis pretty much everywhere. We’re in town to attend Ark Group‘s conference on “The Brave New World of Entry-Level Recruiting,” which examines how the world of law student recruiting by firms has changed (and will continue to evolve) since the onset of the Great Recession. Moderated by Bruce MacEwen, who kicked off the proceedings by framing the day as an opportunity for “frank conversation” between schools and firms, the conference featured an absolute Murderers’ Row of industry thought leaders, including Orrick‘s Ralph Baxter, legal academia’s apostate Paul Campos, NALP’s Jim Leipold, Indiana/Maurer‘s Bill Henderson, three Biglaw hiring partners, and deans from Berkeley, Stanford, and Hastings.
Read on for some highlights and takeaways from yesterday’s conference.
If you are considering a virtual law practice, you know that many of today’s solo firms started that way. But why are established, multi-attorney law firms going virtual?
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:
Reduces malpractice risk
Enables you to gather the best attorneys to fit the firm, regardless of each person’s geographic location
Leverages mobile devices and cloud technology to enable on-the-spot client and prospect communication
Transitioning in-house is something many (if not most) firm lawyers find themselves considering at some point. For many, it’s the first step in their career that isn’t simply a function of picking the best option available based on a ranking system.
Unknown territory feels high-risk, and can have the effect of steering many of us towards the well-greased channels into large, established companies.
For those who may be open to something more entrepreneurial, there is far less information available. No recruiter is calling every week with offers and details.
In sponsorship with Betterment, ATL and David Lat will moderate a panel about life in-house and we’ll hear from GCs at Birchbox, Gawker Media, Squarespace, Bonobos, and Betterment. Drinks, snacks, networking, and a great time guaranteed. Invite your colleagues, but RSVP fast, as space is limited.
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.
It’s that time of year again when JDs are starting to apply for 2L summer jobs and 2L summers are deciding which practice area to focus on.
For those JDs with an interest in potentially lateraling to or transferring to Asia in the future, please feel free to reach out to Kinney for advice on firm choices, interviewing and practice choices, relating to future marketability in Asia, or for a general discussion on your particular Asia markets of interest. This is of course a free of cost service for those who some years in the future may be our future industry contacts or perhaps even clients.
For some years now Kinney’s Asia head, Evan Jowers, has been formally advising Harvard Law students with such questions, as the Asia expert in Harvard Law’s “Ask The Experts Market Program” each summer and fall, with podcasts and scheduled phone calls. This has been an enjoyable and productive experience for all involved.