Social media is a blessing and a curse. On the plus side, it allows people to share news and easily keep in touch with friends and family. That’s good.
It also allows tools to broadcast their douchebaggery to an even larger audience at the speed of light. That’s bad.
And it allows someone else to create a fake profile and rip that tool anonymously. That’s very good for this site in particular. For instance, now we can debate and ask you to take a reader poll below….
Last week, we wrote about a recruiting snafu involving Kasowitz Benson. The high-powered litigation firm had an unexpectedly high yield for its 2014 summer program, so it started making phone calls in which it either pressed students with offers for a fast decision or effectively rescinded the offer, urging the student to go elsewhere.
A rescinded offer is bad news, especially in an age when fewer students have tons of offers to choose from. But a rescinded offer of a summer associate position is better than a cold offer at the end of the summer, right?
After our story about the controversial Kasowitz calls went up, we heard from multiple former summer associates at Kasowitz with additional allegations of shady behavior — specifically, cold offers….
‘Congratulations on your offer! Take your time deciding.’
The weather here in New York is turning nice and crisp; Sunday is the first day of fall. But because on-campus interviewing gets underway earlier and earlier, “fall recruiting” is almost over for many law students. Those who are lucky enough to be fielding multiple offers for 2014 summer associate positions are now deciding where to go.
But some students are still making up their minds. And one leading law firm wants them to decide faster — or else….
UPDATE (5:40 p.m.): We’ve added comment from the firm below.
Getting no-offered is a bad thing. Even though (or perhaps because) summer associate classes are small, offer rates remainhigh. As Jay Edelson of Edelson LLC writes in this interesting call for reform, End the Summer Associate Sideshow, offers of full-time employment to summer associates are “virtually guaranteed, so long as they don’t do something to truly embarrass themselves or the firm.”
So a no-offer is bad, but you can recover. Sonia Sotomayor got no-offered after summering at Paul Weiss, and her legal career turned out pretty well in the end. Her wonderful memoir is aptly titled My Beloved World (affiliate link), not “I Got No-Offered And Now I Live In A Van Down By The River.”
Let’s say you got no-offered this summer. What should you do?
The summer of 2012 brought a great deal of worry for Biglaw’s summer associates. Would they receive offers of permanent employment after all of their hard work? (And by “hard work,” we of course mean completing work assignments amid multiple forays into the world of being wined and dined.) In fact, this year’s summers were so anxious about whether they’d get an offer that their average “worry level” was higher than it had been since the height of the recession.
But as it turns out, all of their worry was for naught, because nearly all firms indiscriminately doled out offers like they were going out of style. According to the American Lawyer’s Summer Hiring Survey, responding firms hired 15.5 percent more summer associates this year than they did in 2011. That said, while things seem to be looking up, that doesn’t mean that all firms handed out offers like candy.
When we last spoke about summer associate offer rates, we wanted to know which firms had low offer rates. Now, thanks to Am Law, we’ve got some dirt for you. Which firms fell below the 100 percent mark?
With offer season well under way, some law students may be wondering how to tell the world that they’ve landed summer associate jobs without sounding like complete braggarts. These law students must have read a Miss Manners book or two, because thinking about the feelings of others is the polite thing to do.
Other law students just don’t care about trampling on the self-esteem of classmates. “Sorry about your tiny pink feelings, but I got an offer.” That was way harsh, Tai.
There is just one more category of law student: the law student who feels only slightly guilty bragging about a job offer, so he thinks up a creative way to broach the subject with peers. And one law student at a leading law school has got this method of breaking the news about offers on lock….
In case you haven’t noticed, things have been quiet on the law firm front. And that shouldn’t come as a surprise: it’s August.
Summer associate programs are largely over (although we still want to hear about fun events and offer rates). Many associates and partners are taking vacation (especially if they have children they want to spend time with before school starts again).
On the litigation side, courts are slow because many judges are away. On the corporate side, some deals have been put on hold due to the gyrating stock market and economic uncertainty. We seem to be turning into Europe, where a good chunk of the population takes vacation for a good chunk of August.
But we still have pockets of law firm news to report, here and there. Today’s dispatch comes from Schiff Hardin, which earlier this month announced an associate pay raise….
In this week’s Career Center Summer Associate Tips Series, Lateral Link’sFrank Kimball, an expert recruiter and former Biglaw hiring partner, discusses the importance of evaluating your summer associate offer.
Succeeding in a summer program means more than receiving an offer of employment. While receiving an offer is probably the most important objective of a summer program, you have many more responsibilities. First, you must understand the fit between you and the firm, you and a practice area, you and the city, and you and the profession. That you are able to receive an offer of employment does not validate the wisdom of your choice.
Too often the summer zips by in a fog of assignments, reviews, baseball games, dinners at partners’ homes, and cocktail parties. You are making a very important decision. The law firm is not your fiduciary, and your parents cannot make this choice for you. There is no automatic next or right step. Only you can decide about fit, temperament, tempo, and style of practice.
In the first four parts of our Career Center “Tip of the Day” series, focused on how to evaluate a counteroffer, we covered the importance of re-evaluating your current employment situation, assessing what the new firm is offering, analyzing the counteroffer of your current firm, and considering the ramifications (both tangible and intangible) of accepting the counteroffer and reneging on the new firm. Our final tip focuses on recognizing buyer’s remorse for what it actually is: fear of the unknown.
The holiday season is upon us, and yet again, you have no idea what to get for the fickle lawyer in your life. We’re here to help. Even if your bonus check hasn’t arrived yet, any one of the gifts we’ve highlighted here could be a worthy substitute until your employer decides to make it rain.
We’ve got an eclectic selection for you to choose from, so settle in by that stack of documents yet to be reviewed and dig in…
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.
We currently have a very exciting and rare type of in-house opening in China at one of the world’s leading internet and social media companies. Our client is looking for an IP Transactional / TMT / Licensing attorney with 2 to 6 years experience. The new hire will be based in Shenzhen or Shanghai. Mandarin is not required (deal documentation will be in English) but is preferred. A solid reason to be in China and a commitment to that market is required of course. This new hire will likely be US qualified (but could also be qualified in UK or other jurisdictions) and with experience and training at a top law firm’s IP transactional / TMT practice and could be currently at a law firm or in-house. Qualified candidates currently Asia based, Europe based or US based will be considered. The new hire’s supervisors in this technology transactions in-house team are very well regarded US trained IP transactional lawyers, with substantial experience at Silicon Valley firms. The culture and atmosphere in this in-house group and the company in general is entrepreneurial, team oriented, and the work is cutting edge, even for a cutting edge industry. The upside of being in an important strategic in-house position in this fast growing and world leading internet company is of the “sky is the limit” variety. Its a very exciting place to be in China for a rising IP transactional lawyer in our opinion, for many reasons beyond the basic info we can share here in this ad / post. This is a special A+ opportunity.
If your firm is in ‘go’ mode when it comes to recruiting lateral partners with loyal clients, then take this quiz to see how well you measure up. Keep track of your ‘yes’ and ‘no’ responses.
1. Does your firm have a clearly defined strategy of practice groups that are priorities of growth for your office? Nothing gets done by random chance, but with a clear vision for the future. Identify the top practice areas for which you wish to add lateral partners. Seek input from practice group leaders and get specifics on needs, outcomes, and ideal target profiles.
2. In addition to clarifying your firm’s growth strategy, are you still open to the hire of a partner outside of your plan? I’ve made several placements that fit this category. The partner’s practice was not within the strategic growth plan of my client, but once the two parties started talking with each other, we all saw how it could indeed be a seamless fit. Be open to “Opportunistic Hires.” You never know where your next producing partner might come from, so you have to be open to it. I will be the first to admit that there is a quirky element of randomness in recruiting.
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