In a recent ranking of the world’s most valuable law firms, the litigation powerhouse of Quinn Emanuel topped the chart in “value per partner” (total firm value divided by number of equity partners). For QE, the “VPP” figure came out to a whopping $17.7 million.
So you can understand why masochistic talented lawyers pursue partnership at the famously hardworking firm with such fervor. Sure, occasionally you’ll hear about a partner walking away from the riches. But for many a young lawyer, making partner at Quinn Emanuel is a dream come true.
Over the weekend, QE announced ten new partners. Who made the cut?
* The Village Voice is stepping away from Backpage due to its ties to sex trafficking. “This so unfair! Everyone loves online prostitution,” said no one ever (okay fine, a lot of people probably say that). [paidContent]
* Cybersecurity, drones, and smackdowns, oh my! [Lawfare]
* Right now, millions of taxpayer dollars fund legal scholarship. Considering how expensive law review articles seem to be, it’d be nice if law professors could techcite their own material before turning it over to law review peons associate staff members for further review. [PrawfsBlawg]
* We actually needed 25 volumes of things you can’t do on a plane? Apparently common sense is a relic these days. [Legal Blog Watch]
* Should you go to law school? That’s apparently the question on everyone’s mind, so Professor Deborah Merritt of Ohio State Law and Kyle McEntee of Law School Transparency are here to help you out. [NerdWallet]
Ed. note: This is the first installment in a new series of posts from the ATL Career Center’s team of expert contributors. Today, for the benefit of newly arrived (or soon-to-arrive) first-year associates, we have some advice from Ross Guberman on writing for the toughest audience they’ll ever face.
With the help of many clients, I recently surveyed thousands of law-firm partners about the writing skills they want to see associates develop.
Across the country and across practice areas, partners agree on what they’d like to change about associate drafts. I’ve organized their responses according to my Four Steps to Standout Legal Writing. I’ve also included a fifth category that covers usage and mechanics.
A few sample responses follow.
Step One: Concision
Partners say they spend too much time cutting clutter and other distractions from associate drafts. Anything that interrupts the message — wordy phrases, jargon, legalese, redundancy, blather, hyperbole — is a candidate for the chopping block.
Many of our readers get highlights from Above the Law in their inboxes every day. Our ATL Newsletter spotlights our top content from the day, so you’ll never miss the story that everyone is talking about.
But what if you just can’t get enough of our partner-level coverage? From partner issues to partners with issues, from law firm implosions to notable lateral moves, we’ve got lots of content for — and by — partners at leading law firms. So that’s why we’re rolling out another newsletter that’s dedicated entirely to partners.
What are you waiting for? Just click here to receive the latest and greatest news du jour from the world of Biglaw partnerships.
Associates in both Biglaw and small should give some thought as to who is their most important client. Some might think that their most important client is their biggest or most prestigious one, or the one whose matter has the most at stake. This week at Morrison & Foerster and Quinn Emanuel, yearning associates might name Apple and Samsung, respectively.
Other associates might take a longer view, and answer that their most important client is the one with the greatest potential to offer them future business.
Still others might select the client for whom the associate has the most responsibility. For example, if you are one of three or four associates on several matters, but the primary or sole associate on another, you may view that latter client as your most important.
All these associates would be making a mistake by not understanding who is truly their most important client….
We’ve previously written about Sullivan & Cromwell’s so-called mailroom of death. To make a long story short (see our previous coverage here, here, and here for the full background), a Biglaw mailroom mixup caused Cory Maples, a Alabama death-row inmate, to miss a deadline for filing an appeal. The Supreme Court intervened, and ruled that in light of a “perfect storm of misfortune,” Maples would not be barred from appealing his conviction because of S&C’s epic screw-up.
Of particular note, however, is the fact that this pro bono debacle came about thanks to the apparent forgetfulness of Jaasi Munanka and Clara Ingen-Housz, two former SullCrom associates. Justice Ruth Bader Ginsburg pointed this out in her majority opinion (PDF), stating that “[w]hen the associates left Sullivan & Cromwell, they never notified Maples and didn’t seek leave to withdraw.” Because when you effectively abandon a client, SCOTUS is sure to call you out for doing so.
Both Munanka and Ingen-Housz have since moved onwards and upwards. Munanka is now a partner at Hogan Lovells in Denver, and last we heard of Ingen-Housz, she was an associate at Baker & McKenzie. But as always, our tipsters have been keeping a watchful eye on the situation, and now we’ve got some news about Ingen-Housz’s employment situation….
When I launched The People’s Therapist, my intent was to get stuff off my chest — process a smidgen of psychic trauma. I’d write a column or two, exorcise the odd demon, piss off Sullivan & Cromwell, and call it a day.
It never occurred to me I’d be deluged with lawyers as clients.
There’s actually some data driving this discussion. According to Chen, citing research by Professor Henderson, graduates of Loyola University Chicago School of Law are six times more likely to make partner at a major law firm than graduates of the higher-ranked University of Chicago Law School, located just a few miles to the south. It seems that even though Chicago Law grads may have an easier time breaking into Biglaw than their Loyola – Chicago counterparts, the Loyola folks who do make it in the door tend to have longer-lasting law firm careers.
Let’s not pick on U. Chicago. There are other elite law schools with even higher Biglaw “washout” rates….
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.