Shameless Plugs

Career Center: When Do You Get a Raise? Survey Results

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Career Center AboveTheLaw Lateral Link ATL.jpgOur recent Career Center survey asked about starting salaries and annual salary increases at firms across the country.  Over 70% of respondents indicated that their firms increase salaries during the traditional month of January.  About 8% percent of respondents, including associates at this Midwestern firm, see their salary increase in February.  Another 9%, including associates at these two global firms, get raises in March.  The remaining 12% of respondents indicated that their annual raises come at some later point in the year.  

Check out the full survey results after the jump — and visit the Career Center, powered by Lateral Link , for more on changing compensation practices at firms across the country. If you are an employer seeking more detailed information on firm salary scales please contact T.J. Duane at [email protected].

Full survey results, after the jump.

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Thanks to This Week’s Advertisers

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thank you post it note.JPGA quick word of thanks to this week’s advertisers on Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email [email protected]. Thanks!

Career Center: When Do You Get a Raise?

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Career Center AboveTheLaw Lateral Link ATL.jpgWith all the salary freezes, thaws and permanent meltdowns over the past year, it’s hard to keep track of what associates at law firms are actually making these days. And associates are learning that an annual lock-step raise is no longer a sure thing under new compensation systems at many firms.

This week our ATL / Lateral Link survey asks about starting salaries and annual salary increases at your firm. We’ll use the information to update the ATL Career Center and bring you the results next week.

If you have information about your firm that you want to share with other career center users, please email us at [email protected].

Thanks to This Week’s Advertisers

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thank you post it note.JPGA quick word of thanks to this week’s advertisers on Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email [email protected]. Thanks!

Career Center: Compensation Updates

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Career Center AboveTheLaw Lateral Link ATL.jpgThe ATL Career Center, powered by Lateral Link, is constantly being updated with responses from users and the latest news from the legal markets.  While layoffs seem to have abated for the most part, many firms are now coping with the effects of the economic downturn by making major changes to compensation structures and partnership prospects.

  • Click here to find out what kind of salary increase associates at a certain Chicago-based firm can look forward to under the firm’s new compensation structure.
  • Click here to find out what associates at a certain "pedigreed" New York firm think about their chances for partnership under an increasingly "up and out" promotion system. 

Use the Career Center’s firm snapshots and comparison tool to find the most up-to-date information on compensation structures, benefit programs and layoffs at dozens of Big Law firms across the country.

As always, we encourage to send information about your law firm experience to [email protected].

Thanks to This Week’s Advertisers

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thank you post it note.JPGA quick word of thanks to this week’s advertisers on Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email [email protected]. Thanks!

Career Center: Top 10 Tips for Junior Associate Success

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Career Center AboveTheLaw Lateral Link ATL.jpgWelcome to the next article in our Expert Insights series, brought to you by the ATL Career Center. This week, we spoke with Katy Lewis, Associate Director at Lateral Link, who works with associate candidates on law firm searches in Chicago and the Midwest, and with candidates seeking in-house positions. Katy has worked closely with associates, recruiting coordinators and hiring partners at many national firms, so we asked her to share her Top 10 list of what they want to see in junior associates. Whether you are a new associate or just considering a career move, the Top 10 list is useful checklist of what you can do to succeed at a firm.

As a reminder, all Career Development articles, as well as additional career coaching information, are available in the Resources section of the Career Center.

Top 10 Tips for Junior Associate Success

10. Take advantage of slow periods. Use the time to organize your office, attend a CLE, catch up on business/legal current events (WSJ, NY Times DealBook, AmLaw Daily, etc.).

9. Develop a good working relationship with your assistant and paralegals. The better your relationship with the staff, the easier your job will be.

8. Learn how to use technology.  Become proficient with firm software – learn to use Word, Excel, PowerPoint, Westlaw, Lexis, document compare software.  Understand how to use the telephone – learn to transfer, conference call, dial international, etc.  Nothing is below you as a junior associate.

The rest of the tips, after the jump.

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Thanks to This Week’s Advertisers
And an invitation to tonight’s party.

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thank you post it note.JPGA quick word of thanks to this week’s advertisers on Above the Law:

Special thanks also to Practical Law Company for sponsoring tonight’s cocktail party here in New York. If you’d like to attend, there are still openings — just click here, then click on the RSVP button.

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email [email protected]. Thanks!

Career Center: Practice Area Survey Results

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Career Center AboveTheLaw Lateral Link ATL.jpgOur recent Career Center survey asked about how the economy has affected the practice area choices of associates and law students.  A large majority – 80% – of law firm respondents indicated that they have not had to work outside their chosen practice area to meet their hours.

Of the 20% of law firm respondents who have had to work in practice areas other than their own, more than two-thirds of them have picked up litigation work and almost half of them have billed hours to bankruptcy matters.  Almost half of law student respondents indicated that their practice area choices have been affected by market conditions, with litigation the new top choice among law students.

Check out the full survey results after the jump — and visit the Career Center, powered by Lateral Link for more on which firms are leaders in the practice areas you are interested in.

Full survey results, after the jump.

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Practical Law Company and ATL Try To Save Your Summer

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It’s a talk, it’s a party, it’s an opportunity for us to tell you how to increase your chances of landing an offer from your summer associateship. Save the date: April 13th, at Amity Hall. Your Above the Law editors will be heading to the Summer Associate Kick-Off Party, hosted by the Practical Law Company (read more about PLC here).

We’ll be holding a panel discussion about the Do’s & Don’ts Of Being A Summer Associate. Some of the don’ts are obvious: don’t hit a strip club with colleagues, or get into a drunken argument with a partner. Others aren’t so much. Do you know how to run a closing? Perform due diligence? Draft NDA’s? Yeah, didn’t think so. We’ll address how to build these skills before you show up to work, so you can actually add value instead of just adding stations to Pandora.

So come to Amity Hall on April 13th, where we can teach you how to stay on the straight-and-narrow and be more prepared for your summer position — or at least turn up so we can share some of the summer stories we couldn’t print. And yes, there will be an open bar (and food), in case anybody wants to put our lessons to immediate practical use.

The event gets started at 6:30. Space is limited and priority is given to incoming summer associates, so click here to rsvp. Hope to see you there.

P.S. As if you need another reason to go, attendees will get access to a Summer Associate Survival Guide, which teaches you the nuts and bolts of transactional assignments firms will expect you to complete this summer. Non-attendees can access the guide too, but they won’t get the free booze or food. Bummer.

If you can’t make the event but would like access to the guide, just send an email to [email protected], with your name, law school email address, and year of graduation. Thanks!

Summer Associate Kick-Off Party [Practical Law Company]

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