* Our columnist Steve Dykstra opines that Roger Goodell is not going to get fired over the Ray Rice investigation/non-investigation. But what we really want to know from Dykstra is his opinion on how badly the West is going to beat the East in this year’s Grey Cup. [Steven Dykstra]
* Apparently, we’ve been banned by Reddit. I think as editors we’ve posted on Reddit maybe 3 times in the last year, so it certainly isn’t our fault. Reddit notes “above the law will no longer be receiving traffic or page views from here,” which I guess is supposed to be a threat. Hey, don’t fault us just because our content is so good. *cue unimaginative trolling* [Reddit]
I know you’ll be humming that song a couple hours from now (and thanking me for it). But, it underscores that clients are demanding ch-ch-ch-change from the legal profession on both sides of the border. We can’t ignore it any longer. We need to turn and face the strain head on. We need to meet the challenges of globalization and technological innovation and transform our industry.
It looks like Canadian lawyers are making an attempt to join the twentieth century — sorry, I mean the twenty-first century. The Canadian Bar Association recently released its Futures Initiative report that sprung from two years of consultations by lawyers and legal profession experts. The Futures Report makes twenty-two recommendations for helping the Canadian legal profession break away from its horse and buggy business model (developed by Gen A) to join a world where you can watch video of a horse online before purchasing it with Bitcoins…
I have a great strategy for passing the bar: write it in Ontario. The Law Society of Upper Canada (our governing body) doesn’t publish official statistics, but it is anecdotally reported that 90% of takers pass in Ontario. Contrast that with New York, where approximately 30 to 40% of takers fail in any given year. That’s a bloodbath.
The system has changed a bit since I wrote, but let me take you back in time to 2002. I had just graduated from Queen’s law school in picturesque Kingston, Ontario. I then had to face something called Bar School. That’s four months of sitting in a stifling classroom during the beautiful and inviting months of May, June, July, and August. Don’t feel bad for me — you’ll see why in a second….
I discussed in a past column that one of Canada’s finest law schools, McGill, costs about $4,000 per year. Isn’t that crazy? I bet many Biglaw partners have spent more than $4k on a single client lunch (tip included).
McGill’s microscopic tuition highlights the two main differences between U.S. law schools and Canadian law schools: first, almost all Canadian schools are waaaaaayyyyyyyyy cheaper than their U.S. counterparts. Second, the top students from all our law schools can get Biglaw jobs in Canada. We have only about twenty law schools, but each of them regularly place students with big firms across the country.
There is an implication for Canadian schools as a result: our schools don’t really need to differentiate themselves from their competitors. They can get by with similar course offerings and limited specializations.
The U.S. law school universe is vastly different….
Raise your hand if you’ve been to Marshall, Texas. It’s on the eastern edge of the Lone Star State, not far south from Springdale, Arkansas, where Jim Bob and Michelle are raising 19 kids (and hopefully no more), and just west of Monroe, Louisiana, where the Robertsons play whack-a-duck every fall.
I see a few hands raised. Vacationing in Marshall, perhaps? No? Visiting family? No?
Meditate on that for a moment. Breathe in through your nose. Breathe out through your mouth.
Five million bucks per year.
Breathe in through your nose. Breathe out through your mouth.
I lost the slidy-thing from my slide ruler so I have to do this in my head, but I think that’s about $100,000 per week per equity partner. A little less than a newbie associate makes in a whole year outside of the major metropolitan areas.
Imagine all the things you can buy with that kind of money. A mansion that looks somewhat familiar every time you visit it. Luxury vehicles for your nanny. Dream trips for your spouse. The finest private schools for your kids. An iPhone for your son so he can talk to you every day. A high-end camera your wife can take to your daughter’s soccer game so you can watch her play through live streaming video. Oh, the joy that kind of money you can bring your family. It’s not Powerball, but it’s most certainly a lottery win per year.
Here’s something I’m envious of as a Canadian lawyer. The United States is filled with celebrity lawyers: Robert Shapiro, Gerry Spence, Harvey Levin (thank you, TMZ), Judge Wapner, Judge Judy, Judge Joe Brown, Judge Lance Ito.
Bobby and Teddy—lawyers. John, Jr., a prosecutor. Bill and Hillary and the current POTUS and FLOTUS, lawyers all.
And, of course, the most celebrated American lawyer, Geraldo Rivera (you forgot that, didn’t you?).
The U.S. loves to gawk at its lawyers, making them famous for defending ex-Hertz pitchmen, or for screaming at people on crappy daytime television where they make all judges look like arrogant cork smokers.
A prominent Canadian magazine, Maclean’s, ranks our Canadian law schools every year. Here are the categories it uses:
1. Trees per campus acre (15%)
2. Square footage of the law library (30%)
3. Number of left-handed professors (20%)
4. Proximity to Toronto (40%)
5. Supreme Court of Canada clerkships (2%)
Some call Maclean’s methodology suspect. But my law school, Queen’s, ranks third in the country, so who am I to argue? It’s not my fault Queen’s has a huge law library on a leafy campus just up the highway from Toronto in a region with the highest concentration of left-handed people in the country. We didn’t do so well on SCC clerks, but I am told that Queen’s is working diligently to improve in that area.
Anyway, Maclean’s says these are the top 5 law schools in Canada:
Ed. note: This is the latest post by Steve Dykstra, our new columnist covering the Canadian legal market.
I am a Canadian-trained lawyer. I live about five hours away from the Supreme Court of Canada located in Ottawa. I thought it would interesting to see how many justices of the venerable SCC I could name off the top of my head.
I got Beverley McLachlin (the Chief Justice) and Louis LeBel. Two out of nine. I missed Rosalie Abella (whom I’ve met), Marshall Rothstein, Thomas Cromwell, Michael Moldaver, Andromache Karakatsanis, Richard Wagner, and Clément Gascon (the newbie on the court).
Then I tried the current SCOTUS. I got Alito, Ginsburg, Thomas, and Roberts. Four of nine.
I admit, it’s a bit embarrassing that I can name more U.S. justices than Canadian….
Professor Joel P. Trachtman has developed a unique, practical guide to help lawyers analyze, argue, and write effectively.
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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.
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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.
Please note that Evan Jowers and Robert Kinney are still in Hong Kong and will stay FOR THE REMAINDER OF THIS WEEK. We still have a handful of available slots for meetings with our Asia Chronicles fans. If we have not been in touch lately, reach out and let us know when we could meet! There is no need for an agenda at all. Most of our in-person meetings on these trips are with folks who understand that improving a legal practice through lateral hiring is an information-driven process that takes time to handle correctly.
Regarding trends in lateral US associate hiring in Hong Kong, we of course keep much of what we know off of this blog. Based on placement revenue, though, Kinney is having one of our most successful years ever in Asia. We are helping a number of our law firm clients with M&A, fund formation, cap markets, project finance, FCPA and disputes openings. These are very specific needs in many cases, so a conversation with us before jumping in may be helpful. As always, we like to be sure to get the maximum number of interviews per submission, using a well-informed, highly targeted, and selective approach, taking into account short, medium and long-term career aims.
Making a well informed decision during a job search is easier said than done – the information we provide comes from 10 years of being the market leader in US attorney placements at the top tier firms in Asia. There is no substitute for having known a hiring partner since he/she was an associate or for having helped a partner grow his or her practice from zip to zooming, and this is happily where we stand today – with years of background information on just about every relevant person in all the markets we serve, and most especially in Hong Kong/China/Greater Asia. So get in touch and get a download from us this week if we can fit it in, or soon in any case!