Sadness

I went to see “12 Years a Slave” because I thought it was the story of a lawyer on partner track in a Biglaw firm. Lots of cruelty in the flick, but no lawyers.

– A Biglaw refugee who was “bummed out” when the movie wasn’t what he expected, offering commentary on the struggles associated with making partner.

Earlier this week, we asked readers to submit possible captions for this photo:

On Thursday, you voted on the finalists, and now it’s time to announce the winner of our caption contest…

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Earlier this week, we asked readers to submit possible captions for this photo:

Let’s have a look at what our readers came up with, and vote on the finalists…

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You’ve graduated from law school. Congratulations! There’s just one small problem: you’ve now got six figures of debt attached to your name, and you have absolutely no idea how to pay it all off. You’re determined to do it, though, come hell or high water.

Having a modest income, you signed yourself up for income-based repayment. You thought (perhaps mistakenly) that it would be the best option for you. You want to get all of your financial ducks in a row so that you’ll be able to make the most of your future.

Alas, your Mint account just told you that you’re doomed…

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If you think you can buy this at Costco, your brain probably fits in this box.

If you walk into a Costco, buy a diamond ring, and think you are getting a “Tiffany” ring, you are an idiot and I have no sympathy for you. You deserve what you get and should probably practice breathing through your nose before going out in polite company.

But, luckily, Tiffany wants to stop you from being so easily fooled. Not because they care about you, per se. But because the thought that even one person thinks that Tiffany is selling rings through Costco is horrifying to them. It’s like asking a Penn student if they make it to football games in Happy Valley.

As we mentioned in Morning Docket, Tiffany filed a lawsuit against Costco to protect their brand….

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A wise man once said, “Ask yourself whether you are happy, and you cease to be so.” Lawyers, allegedly an unhappy lot, are asked if they are happy all the time. Vault asks, Am Law asks, and in a roundabout way, so do we.

To date, we’ve received nearly 8,000 responses to our ATL Insider Survey. Among other things, our survey poses this question to law firm lawyers: “If you had the chance to do it all over again, would choose to work for your firm?”

Unsurprisingly, those who answer “yes” tend to highly rate their firms in such areas as compensation, culture, and training. For those that wish they could take a Mulligan when it comes to their choice of employer, the inverse is true. Here is a comparison of ratings scores (on a scale of 1-10) for the various aspects of law firm life, broken out by responses to the “Mulligan” question:

SUBJECT ”Yes” ”No”
Compensation 7.81 5.35
Hours 7.38 4.81
Firm Morale 7.7 3.53
Training 7.45 4.32
Culture and Colleagues 8.56 4.56

Hardly counterintuitive stuff, we know, but it allows us to use the “Mulligan” response as a proxy for overall happiness/satisfaction, as it’s so broadly predictive of the nature of the individual’s assessment of his firm.

Back in April, we shared our survey findings showing that Davis Polk was the top firm when it came to morale (to date, this holds true.) Today, we look at whether there are notable differences regarding satisfaction based on practice area. If we slice our survey data by practice, we find that there certainly are. So after the jump, let’s look at how practice groups stack up against one another in terms of the happiness of its practitioners….

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