Ed. note: This is the first in a new series, “Across the Desk,” from Bruce MacEwen and Janet Stanton of Adam Smith Esq. and JDMatch. “Across the Desk” will take a thoughtful look at recruiting, career paths, professional development, human capital and related issues. Some of these pieces will have previously appeared, in slightly different form, on AdamSmithEsq.com.
As noted in the American Lawyer recently, the lateral recruiting boom of recent years continues unabated. As the Am Law article points out, “At the same time [as they’re focused on hiring lateral partners], firms appear to be homing in on their poor performers. Nine out of 10 survey respondents said their firm has ‘unprofitable’ partners, and seven out of 10 said their firms have partners at risk of being deequitized or ‘put on performance plans.’ As one survey respondent put it: ‘There are too many partners without sufficient billable work.’”
Now, wouldn’t you think it would make sense — if firms are worried about underperformers — to pay some attention to associates as well as partners? After all, some of those associates should, speaking theoretically at least, be your future partners.
Yet there’s unrebutted evidence that firms look at the wrong criteria when hiring associates….
It’s probably the Harvard in me that makes me want to subconsciously disparage the accomplishments of Stanford Law School whenever it bubbles up to number 2 in the U.S. News Law School Rankings.
But maybe we’ve got evidence on just how Stanford was able to jump ahead of HLS this year. A tipster reports that there’s an Adderall epidemic at Stanford Law. He says there might be an “Adderall ring” at the law school.
The picturesque Richard H. Chambers Courthouse in Pasadena, home of the Ninth Circuit.
California has released some macro-level results from the July 2011 administration of the bar exam. The California bar is notoriously difficult, and every year we like to take a look at which schools prepared their students well for the exam, and which schools did not.
Last year, the overall pass rates were 68.3% for all takers and 75.2% for graduates of the twenty ABA-approved law schools in California. This year, overall pass rates clocked in at 67.7%, while students who went to ABA-accredited law schools in California passed at a 76.2% clip.
But you might be surprised at which California law school had the best passage rate on the California bar. Hint: it’s not Stanford, or Boalt Hall, or UCLA….
I think we’ve all been waiting for this. Last Wednesday, we picked up a report from the Stanford Daily announcing that students at Stanford Law School would be looking at a 5.75% tuition hike for the 2011 – 2012 academic year. That’s significantly larger than the 3.5% tuition hike for the rest of the university.
Given that most Stanford Law students found out the school was jacking up tuition from the Stanford Daily or Above the Law, I’m not surprised to see a school-wide apology from Stanford Law Dean Larry Kramer. And given the fact that the best reason thus far given for Stanford’s tuition hike reduces to “because we can,” I’m also not surprised to see Dean Kramer working hard to spin the story differently.
Do you find him convincing? Read his email and tell us what you think…
Falling snow? Not in sunny California. Falling bar exam passage rates? Yes — at least for 2010.
A few days ago, the State Bar of California released overall statistics for the July 2010 administration of the (notoriously difficult) California bar exam. The overall bar pass rates went down by a little — but at some schools, the pass rates went down by a lot.
Which law schools’ pass rates tumbled, and by how much?
Hello, West Coast readers! How’s it hangin’ out there past the Rockies? Here at Above the Law, we try to overcome any suggestion of East Coast bias by consistently publishing a post later in the day for our readers in the Pacific time zone. And we try to be generally aware of West Coast firms and schools.
We’ve even heard of Stanford Law School. It’s like the Harvard of the West, right? We hear it’s wonderful. It’s not Yale, but hey, neither is the Harvard of the East (a.k.a. Harvard).
Stanford Law School Dean Larry Kramer wants that to change. He’s already pushed through grade reform, so now Stanford copies Yale’s grading methods. (Berkeley kids, just be quiet. Nobody wants to hear about how everybody copied it from you.)
But apparently grade reform was just step one of Kramer’s grand plan to oust Yale from its position as the nation’s best law school…
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:
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