In this week’s Career Center Survey, we asked you to predict how Biglaw’s 2011 year-end bonuses will stack up against bonuses based on 2010 performance.
Of the more than 700 responses we received, 28% of respondents think (or is hope the better word?) that the 2011 year-end bonus will be bigger than the combined 2010 Cravath year-end bonus, plus the 2011 Cravath spring bonus.
If those bonus numbers weren’t already forever etched in your mind, here’s a quick reminder of what those totals were….
With Election 2012 in sight, Gallup just finished conducting nationwide polls on government approval ratings, with a focus on the Supreme Court. Now, in a typical employment situation, how well you’re able to perform your job is something that actually matters. Donald Trump could have a field day with the current SCOTUS roster. Haven’t spoken in over five years? You’re fired. Fell asleep at the State of the Union address? You’re fired.
But guess what, folks? No one with a bad combover is going to be there to fire a Supreme Court justice over some possibly problematic behavior. What’s more is that our SCOTUS justices probably don’t really care about your opinion. Approval ratings or not, they have life tenure, and their decisions are the only ones that matter….
We’re about a month or so away from the arrival of the 2011 year-end bonus season. You know what that means: time to start freaking out. And maybe make a prediction while you’re at it. Take our short survey, brought to you by Lateral Link, and give us your best guess as to how Biglaw’s 2011 year-end bonus market will compare to 2010.
As always, responses are kept completely confidential. Be sure to check back later in the week to find out where everyone else thinks the bonus market is heading.
Last week, we discovered that 75% of our readers love to use substantive footnotes in their legal writing. Aww, Scalia would be so proud.
And speaking of Scalia, we’ve given him a little too much time in the limelight in this series. So, this week, we’re going to turn to an issue of grammar with some stylistic flair that was brought to our attention by another member of SCOTUS….
Matt here. You might think that Dealbreaker HQ exists only metaphorically in virtual space, or maybe in the fan fiction you’re hiding in your desk, but in fact Bess and I share a real physical garrett both with our sibling sites Fashionista and Above the Law. Occasionally we even talk to each other. “Talk,” in this context, normally means that Above the Law editor Elie Mystal shouts at us about some outrageous political position. In order to quiet him down a bit, we’ve decided to take it to the internet, thus spawning the first – and maybe last! – Above the Law / Dealbreaker Debate Society.
I have been set the task of defending a proposition like “white-collar criminals should not get anything near the jail time they get.” (We are pretty casual with our resolutions here at the Breaking Media Debate Society.)
But we’d like the column’s purview to extend beyond grammar and usage. We’ll also tackle issues related to legal writing, in terms of both style and mechanics. Feel free to email us with suggested subjects for future Grammer Poles.
Today’s subject is one on which there’s a split of authority, between two co-authors of a leading legal writing book….
Chief Judge Edith Jones: Underneath her robe beats a judicial diva's heart.
Can you enforce civility by being… uncivil? That’s the question being raised, over and over again, by federal judges from Texas these days.
Before we get to the latest ridiculousness, let’s review. Back in August, Judge Sam Sparks (W.D. Tex.) benchslapped some rude lawyers with a snarky order inviting them to a “kindergarten party,” where they would learn such lessons as reasonableness and courtesy.
Ironically enough, some found Judge Sparks’s civility-seeking order to be… rude. Chief Judge Edith Jones (5th Cir.) issued an email reprimand to Judge Sparks, condemning his “caustic, demeaning, and gratuitous” order as “cast[ing] disrespect on the judiciary.” Some observers in turn thought it rude of Chief Judge Jones to call out Judge Sparks in writing, so publicly — she cc’d all of the other Western District of Texas judges on her email — when she could have just made a private phone call.
Chief Judge Jones is a highly regarded conservative jurist and a fixture on Supreme Court short lists, but she might not be the best authority on civility and etiquette these days. Check out the latest craziness — an en banc hearing before the Fifth Circuit that generated judicial fireworks, culminating in Judge Jones essentially telling a colleague to STFU or GTFO….
Everybody’s working for the weekend. But for now, while you’re still stuck at work, you should take a look at our latest Grammer Pole of the Weak, a column where we turn questions of English grammar and usage over to our readers for discussion and debate.
From what we hear, it’s been a wild couple of days at Tulane Law School, ever since we outed the convicted murderer in their midst. Well, we didn’t out him; Bruce Reilly outed himself, on his blog (in a post that he has since taken down). But being profiled on Above the Law can sometimes stir up the pot.
Or not. As one tipster put it:
Your article on Bruce Reilly has stirred quite the tempest down here at Tulane: A small, mossy cluster of students typically found speed-typing, whispering and tittering in a darkened corner of the library began typing, whispering and tittering even faster! Meanwhile, everyone else went to class.
Yes, we’ve been getting all kinds of reactions from the Tulane community since our original post went up. The story has even gone mainstream. Reilly was profiled in the New Orleans Times-Picayune, and his story was picked up by USA Today and ABC News.
But the mainstream media won’t tell you the details of the actual crime at hand. Our Tulane readers have been asking to know more about the actual murder Reilly served time for. We’ve dug up some of the old reports….
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.
Things have changed recently in Korea – a few of our US and UK client firms are looking, very selectively, for a lateral US associate hire. Until just recently, there was not much hiring like this going on in Korea, since US and UK firms started opening offices there. We have already placed two US associates in Korea in the past month at top firms. Most of the hiring partners we work with in Korea do not actively work with other recruiters.
If you are a Korean fluent US associate in London, New York or another major US market, 2nd to 6th year, at a top 20 firm, with cap markets or M&A focus (or mix), or project finance background, and you are interested in lateraling to Korea to a top US or UK firm, please feel free to reach out to us at firstname.lastname@example.org or email@example.com. Our head of Asia, Evan Jowers, was just in Korea recently, and Evan and Robert Kinney will be in Korea in a few weeks. We are in the process of helping several firms open new offices in Korea (a number of which are interviewing our partner level candidates) and also helping existing offices there fill openings.
Professor Joel P. Trachtman has developed a unique, practical guide to help lawyers analyze, argue, and write effectively.
The Tools of Argument: How the Best Lawyers Think, Argue, and Win is a highly readable 200-page book, available for about $10 in paperback or e-book. Chapters focus on foundational principles in legal argument: procedure, interpretation of contracts and statutes, use of evidence, and more. The material covered is taught only implicitly in law school. Yet, when up-and-coming attorneys master these straightforward tools, they will think and argue like the best lawyers.
For most attorneys, time spent managing the books is a necessary evil at best. Yet it is undeniably a crucial aspect of running a successful practice. With that in mind, we invite you to view or download a free webinar by Above the Law and our friends at Clio to learn how to better manage your finances.
Take this opportunity to learn what it takes to streamline your accounting and get the most out of your time. The webinar agenda:
● The basics of accounting for lawyers.
● How legal accounting differs from regular accounting.
● Report and reconciliation issues surrounding trust accounts.
● How to pick and integrate the best accounting tools for your practice.
● Steps to prepare your tax return for your firm’s income.
Do not miss this crucial chance to optimize your accounting practices. Save time and get back to billing!