Good luck to all of our readers who are now going through the on-campus interview process for 2015 summer associate positions. We’re sure that, armed with Anonymous Recruitment Director’s 8 tips for OCI, you are racking up offers left and right.
Once you have the offers, how do you decide between them? How do you weigh, for example, overall prestige versus strength in a specific practice area?
Hop in the DeLorean and travel back in time with us.
In our two most recent FlashbackFriday posts, we looked at associate compensation in the 1990s. Today we’ll take a break from that topic and mix it up a bit. (We’ll return to cover associate comp in the remaining batch of legal markets at some point in the future.)
Ed. note: Please welcome Steve Dykstra, our newest columnist, who will be covering the Canadian legal market.
I am a Canadian-trained lawyer and legal recruiter. I recruit throughout North America so I really get to study the legal systems on both sides of the border. I thought it would be fun and interesting to highlight some of the differences between the American and Canadian systems — hence the column’s title, “The View From Up North”.
As this is my first column, I want to provide a bit of an overview. In coming weeks, I’ll focus more narrowly on specific topics.
It pains me to say this, given my own predilection for prestige worship, but here’s a question: does prestige matter as much as it used to? In an era of greater access to information, a law firm’s overall prestige arguably matters less than it once did.
If a client is looking for an excellent firm in a particular practice area, it can now easily access information about which firms, and even which individual lawyers, excel in which niches. It no longer has to rely on a firm’s brand name as a proxy for a specific strength. And other factors matter to the public as well. Is a firm a good place to work? How stable is its partnership, in this era of increased lateral movement? Is the firm growing or declining?
But make no mistake: prestige is still hugely important. Which is why the Vault law firm rankings are so eagerly anticipated each year.
The latest rankings from Vault of the country’s 100 most prestigious law firms just came out. How do they look?
If television producers put up this Craigslist ad because they were casting for a reality show about a bunch of lawyers living in a D.C. house, then this would make sense. Every week, two of the housemates have to argue why they should stay and another should go. People would watch it.
But this isn’t a television producer being polite, this is law graduates being real. A group of self-described, recent law school graduates are looking for another roommate who must also be a recent law grad — preferably one who is clerking or working for a Congressional committee.
It seems like instead of looking for a roommate on Craigslist, they should be using LinkedIn…
I’ll have been here for six years this summer, and I still read most of the comments to most of my posts. I rarely respond, unless I’ve been drinking, which I do almost constantly, so you do the math. But it’s been years since I’ve directly addressed commenter concerns in an actual post.
In my post about the Ivy League law grad who is struggling to pass the bar and build a career, I expressed sympathy for the graduate’s plight. It was a sad story that was powerfully expressed and tugged at my nearly blocked heart.
But commenters claimed that my sympathetic response to the Ivy League grad was because the person went to top law schools. They argued that I would not be nearly as nice to a person who struggled in the same way after going to a non-elite school.
If I my channel my inner Nathan Jessup: YOU’RE GODDAMN RIGHT I WOULDN’T….
In 1983, when I graduated from law school, essentially no one wanted in-house legal jobs, and people who worked in-house weren’t held in very high regard.
To the contrary: With few exceptions, in-house lawyers were viewed as failures. These were the folks who couldn’t succeed at real jobs. People went in-house because law firms wouldn’t have them; jobs with short hours, low pay, no challenging assignments, and no stress were the only available alternative.
That was not simply my narrow-minded perspective. It was the widely shared belief of generations of lawyers who came of age in the law before about 1990. I recently had a drink with the general counsel of a Fortune 250 company, and he (or she, but I’ll use the masculine) told me that he could never be a success in his father’s eyes: “My father was a partner at a major law firm. He was pleased with me when I clerked for a federal appellate judge, took a fancy government job, and later became a partner at a big firm. But then I went in-house, and he lost all respect for me. He wanted me to ‘succeed’ in the law — to try high-profile cases and argue important appeals. When I went in-house, he quickly decided that I was a failure, and there was never any chance that he’d change his mind.”
While prospective law students are making their final decisions on where to drop their deposits, some of them have much more than their future legal careers on their minds. Neatly tucked away in our top search terms today — just above people erroneously clicking through hoping to find pornography on a legal website — is perhaps one of the most absurd questions we’ve ever seen.
Screw career outcomes and starting salaries! Prospective law students want to know which prestigious law school will help them get the most tail. Keep reading, because we’ve got an answer for you…
So, you rocked your college grades, steamrolled the LSAT, impressed/conned/bribed your professors into writing outstanding recommendation letters, crafted the perfect law school résumé, and rounded out all of that perfection with an ideal theme for your personal statement and supplementary essays. Now, the only thing left to do is pick your law school out of the pile of admissions offers flooding your mailbox. Good problem to have, but how do you choose?
This is a matter we’ve given some thought to, and we suggest that you may want to use these three factors to make your decision. (Now, these three factors assume that your goal is to get a reasonably high-paying Biglaw or “medium law” type job. If that’s not your goal, the second section of this article will be much more relevant to you.)
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: firstname.lastname@example.org.
Please note that Evan Jowers and Robert Kinney are still in Hong Kong and will stay FOR THE REMAINDER OF THIS WEEK. We still have a handful of available slots for meetings with our Asia Chronicles fans. If we have not been in touch lately, reach out and let us know when we could meet! There is no need for an agenda at all. Most of our in-person meetings on these trips are with folks who understand that improving a legal practice through lateral hiring is an information-driven process that takes time to handle correctly.
Regarding trends in lateral US associate hiring in Hong Kong, we of course keep much of what we know off of this blog. Based on placement revenue, though, Kinney is having one of our most successful years ever in Asia. We are helping a number of our law firm clients with M&A, fund formation, cap markets, project finance, FCPA and disputes openings. These are very specific needs in many cases, so a conversation with us before jumping in may be helpful. As always, we like to be sure to get the maximum number of interviews per submission, using a well-informed, highly targeted, and selective approach, taking into account short, medium and long-term career aims.
Making a well informed decision during a job search is easier said than done – the information we provide comes from 10 years of being the market leader in US attorney placements at the top tier firms in Asia. There is no substitute for having known a hiring partner since he/she was an associate or for having helped a partner grow his or her practice from zip to zooming, and this is happily where we stand today – with years of background information on just about every relevant person in all the markets we serve, and most especially in Hong Kong/China/Greater Asia. So get in touch and get a download from us this week if we can fit it in, or soon in any case!
The legal industry is being disrupted at every level by technological advances. While legal tech entrepreneurs and innovators are racing to create a more efficient and productive future, there is widespread indifference on the part of attorneys toward these emerging technologies.
When the LexisNexis Cloud Technology Survey results were reported earlier this year, it showed that attorneys were starting to peer less skeptically into the future, and slowly but surely leaning more toward all the benefits the law cloud has to offer.
Because let’s face it, plenty of attorneys are perhaps a bit too comfortable with their “system” of practice management, which may or may not include neon highlighters, sticky notes, dog-eared file folders, and a word processing program that was last updated when the term “raise the roof” was still de rigueur.