For our purposes, we split “reputation” into two distinct aspects: 1) the reputed strength and quality of a firm’s practice, and 2) the perceived desirability of the firm as a potential employer. For some, these factors will be functionally equivalent. For others, these are less overlapping considerations.
To date, we’ve received not quite a thousand survey responses and today we share some preliminary findings. What are you telling us thus far about which firms have the strongest practices? Which firms are some of the most coveted Biglaw employers in major markets?
For about three years now, we have been conducting the ATL Insider Survey through which our audience members share their insights and experiences regarding their own employers and schools (or alma maters). From the data we’ve collected, we have created a slew of content, including our Law Firm and Law School Directories. Many thanks to the approximately 17,000 (and counting!) of you who have responded.
Today, we launch a different sort of survey, one where we ask you to look outside your own organization and share your opinions about other law firms. Who do you respect? Who do you fear? Who are you secretly happy to see on the other side of the table?
The ATL Law Firm Reputation Survey asks those of you working in law firms to rate your peers and competitors. We look at “reputation” as having two distinct aspects: 1) the reputed strength and quality of a firm’s practice, and 2) the desirability of the firm as a potential employer. Of course, these two aspects may or may not be closely connected, depending on an individual’s perspective. Does “culture” matter or is it all about “prestige”? You tell us.
Our survey will present you with a couple of (short, randomized) lists of firms for you to rate on both these points, tailored for your geographic location.
‘Keep your lousy lunches and wine tastings. I’d rather be driving a tractor!’
We recently extended an enthusiastic hello to Biglaw summer associates. And now, barely into June, it’s time to say goodbye — to one unusual summer associate.
Summer associate gigs are highly coveted positions. They involve lavish lunches, pool parties, and big paychecks for little work. And they’re harder than ever to obtain, which only increases their allure.
Yet one summer associate just voluntarily left his law firm — and sent around a colorful, firm-wide departure memo explaining why. Check it out; what do you think of his decision?
The only thing more obsolete than this building is what is inside it.
Some students at the University of Chicago Law School are up in arms because the school’s law review rejected a diversity proposal recommended by the school’s faculty. This rejection leaves Chicago’s law review as the only one at a top law school without any diversity component for choosing student staffers.
UPDATE (8:00 p.m.): A Chicago tipster clarifies: “While the faculty supported the Chicago Law Review diversity proposal, it was written and proposed by law review leadership,” which advocated for it strongly.
This is the point in the post where everybody, including my colleagues, expects me to scream RACEISM™ and jump up and down on the generally right-leaning law school. But honestly, I just don’t care. I just don’t give a damn if a law school is choosing spots on its law review fairly, unfairly, with racial animus, or based on cup size. NOBODY READS THEM. More people will read this post about the Chicago Law Review than will actually read the law review.
And really, if we’re going to pretend that getting on to law review is some important measure of student success or achievement, then maybe Chicago Law needs to do a better job of educating minority and female students at the school so that they might achieve at the same level of success as the white males who “win” this generally irrelevant prize….
Yesterday we shared with you a controversial firm-wide email sent by a fairly senior partner at Kirkland & Ellis. After receiving too many “requests for information” that he viewed as a waste of his (and everyone else’s) valuable time, corporate partner Kenneth Morrison fired off a firm-wide response that made fun of three offending messages and offered guidance for future RFIs.
The K&E sources who shared Morrison’s message with us disapproved of it. They viewed it as a share partner essentially engaged in cyberbullying of junior colleagues, publicly humiliating them before the entire firm.
But some folks disagreed — including, for example, many commenters on yesterday’s story. And since then, we’ve heard directly from multiple people, both at Kirkland and outside of it, who support Ken Morrison’s email. Let’s hear what the members of #TeamMorrison have to say, shall we?
File this one under #firstworldproblems. Today we have a guy who got into the University of Chicago Law School and Duke Law School, and he’s getting money from both.
But he’s getting a little more money from Duke… which is about as close as you’ll ever get Duke to admitting that it’s not “the Harvard of the South” because Harvard wouldn’t give you a dime to draw you away from the UofC (no offense, Brian Leiter).
So what should this guy do, other than be happy and email ATL about his good fortune? Well, you probably need a little more information…
Before taking on the massive commitment and expense of a law school education, prospective students need to do some serious homework. But let’s face it: not everyone will. The prospect of analyzing the available data is sufficiently great that many won’t bother.
In spite of concerns that rankings “facilitate laziness” or “pervert incentives,” we can agree that rankings aren’t going to disappear any time soon. People will still demand guidance, preferably in the form of easy-to-understand lists. For our part, ATL will continue to produce our own version of law school rankings. (We are releasing the 2014 rankings next Tuesday. You can register to see a live broadcast here.)
Last week we surveyed our readers for their views on what would be the most relevant elements of a law school rankings methodology. What did the readers have to say?
You’ve seen the worst of the worst, and now it’s time to feast your eyes upon the best of the best. This year, the competition was pretty stiff, in that we all needed stiff drinks to bring ourselves to watch some of the submissions. On the other hand, those who brought it really brought it.
And by “it,” we mean they were able to carry a tune, had excellent comedic timing, and provided us with some pretty drool-worthy student bodies. Our finalists’ videos were a joy to watch when compared to many of the other submissions, some of which were absolutely cringe-worthy. This was a year of throwback — there was no Miley Cyrus and no Katy Perry. Instead, the competition served up some smooth rap from the early 2000s and… Disney favorites.
This year, your reviewers will be David Lat, Elie Mystal, Staci Zaretsky, and Joe Patrice. We issue only advisory opinions; you hold all the power. Do the right thing: vote early, and vote for the best.
Who will follow the winners of years past into the annals of Law Revue history? It’s up to you…
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: