As we’ve repeated countless times in these pages, Biglaw isn’t what it used to be, and good luck to you if you happen to be a partner. Sure, you’ve grabbed that brass ring, but you also have what could be described as “the worst job in Biglaw.” Here in the new normal, where layoffs and de-equitizations abound, despite increases in firm profits, many partners now have the same fears as associates.
So what happens when partners are pushed out of the law firms they once loved? Now we know, thanks to the results of a a new survey. You won’t believe how messy these bad romances can get…
* Happy Administrative Professionals’ Day! While we focus a lot on lawyers, judges, and law students, I’d like to take this opportunity to appreciate our legal staff audience — the secretaries, paralegals, clerks, recruiters, office managers, word processors, receptionists, and everyone else affiliated with the legal practice other than the J.D. crowd. Not only do you do great work, but you help keep this site running with your anonymous tips. Keep ‘em coming! [Above the Law]
* A mega-retailer with a reputation for ruthlessly destroying its competitors makes life difficult for anyone who has to subpoena them? No! [Associate's Mind]
* UVA College Republicans see a massive infringement of student rights in the administration’s decision that fraternities conclude pledging early as an anti-hazing measure. Republicans: Protecting your God-given right to create a naked pyramid since Abu Ghraib. [Cavalier Daily]
* “The Blogger as Public Intellectual.” See, we’re a lot more than dick jokes about law firms, people. [PrawfsBlawg]
* Of all the reasons to lock your cell phone, “To Avoid Arrest” is one of them. [Legal Juice]
* Biglaw explained: Clinical depression is contagious. [Law and More]
* SJL Attorney Search has acquired The Shannon Group, a Washington, D.C.-based career transition, coaching and talent development firm. [Wall Street Journal (press release)]
* Arrested Development is coming back soon! Check out this infographic that tells you which Arrested Development character you are. To the surprise of no one, I’m Lucille. Unfortunately, Barry Zuckercorn, Maggie Lizer, and Bob Loblaw aren’t options. [OK Gorgeous]
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.
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 email@example.com or firstname.lastname@example.org. 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!