It is rather fitting that the day America gets one step closer to finding out who will become The Voice, we get one step closer to understanding the male/female dynamic at small law firms. Well, at least we get to see the results of what over 200 small-firm attorneys have to say about what happens at their firms. Last week, I asked you to take a survey, now I’ve got some results.
Some of the results I would have predicted, but some results were surprising.
As most of you may have noticed from the tone of the survey, I assumed (based on personal experience that turns out to be the exception, not the rule) that there were very few small-firm female partners, the ones who were partners worked full-time and had delegated child-rearing to someone else. To my surprise, the survey suggests that the majority of small firms have female partners (63.6%). And, the women are adequately represented (22% of those surveyed work at firms where females make up 25% of the partners).
Last week I asked if small-firm associates are screwed. According to the two who wrote to me directly, the answer is no. They both enjoy their small firms and are learning a lot from their small-firm partners/mentors. Interestingly, neither of them mentioned their future at the small-firm (i.e. what their chances are of making partner?) but instead focused solely on the present.
Nevertheless, I did not hear from any small-firm associates who said they are screwed. In other words, last week’s column did not go far enough in crushing the hopes and dreams of small-firm attorneys. Thus, this week I ask a (hopefully) even more depressing question: are small firms a good place for women attorneys who want to have a family?
Our ongoing ATL School & Firm Insider Survey (take it here!), asks current law students, among other things, “What do you expect to do after you graduate?” A whopping 71% tell us that they expect to work for a firm. (This percentage was consistent across class years.) That this proportion is so high, and so at odds with the NLJ findings, can mean some combination of two things:
The ATL student readership skews heavily toward that minority of students who will actually snag Biglaw gigs.
Many (if not most) expectations of law firm employment will be dashed against the reality of a contracting job market. In other words, a majority of students think they are in the fortunate minority
After the jump, we’ll look at how wide the gap between student expectation and market reality is, even at the “go-to” schools:
Later this year, Above the Law will be launching a new, expanded Career Center. The new Career Center will be a resource for students and lawyers at all stages of their careers, and in all areas of legal practice (i.e., not just Biglaw). But we can be sure that news and insight into life at firms and schools will continue to be ATL’s bread and butter. With that in mind, today we open up the ATL School & Firm Insider Survey.
I assume a common reaction will be, “What with — among others — Vault, Chambers, U.S. News, and Am Law, why the hell do we need yet another employer/school survey?” Fair enough. And yes, all of the existing surveys have their merits. All of them produce useful content for students and potential laterals.
We do believe, however, that when it comes to information, the more the merrier. Moreover, the ATL survey is distinctive in some fundamental ways, and we’re going to justify its existence….
Since time immemorial (or at least since the advent of computers), PCs have ruled the law office technology world. As iPhones and iPads have become more popular, Apple products have begun encroaching on the PC’s long-standing dominance of the workplace.
But who would’ve thought that Apple would actually be taking over, even in the technophobic realm of law?
A new legal survey shows just how much attorneys love their Macs. Let’s look at the results, and maybe find some gift ideas for the holidays….
We can’t help but wonder if this bonus season’s dyspepsia is typical of lawyers and law students generally. What with the growing ranks of JDs who are despairing of ever paying off their debt, shouldn’t there be some significant cohort thinking, “phew…not only do I have a job, but now my firm will be forced to match”?
Thanks to all who participated in the Turkey Day survey. I am happy/jealous to report that an overwhelming 93.2% of small-firm respondents are able to take time off for holidays. And 76.6% do not need to do any work from home during the holidays. Half of survey respondents, however, are still required to check email during the holidays.
On Friday, I started the official “damn it, I will hold my breath” bonus watch. I’ve already lost my editorial bet with Lat (I thought they’d come out before Monday), and now I just want them to get it started.
Also on Friday, our new Breaking Media research guru Brian Dalton started running a poll asking you, our readers, when you thought the bonuses would start flowing. It’ll be an interesting test case to rate the predictive power of Biglaw reader groupthink.
The numbers say that you expect bonuses to drop any minute now….
Who doesn’t love Thanksgiving? What is not to love about a holiday that involves eating obscene amounts of food, lounging around, battling people at Black Friday sales, and working a short week? Unless, of course, you are Ted the Turkey.
As holiday season comes into full swing, I am reminded of my lawyer friends who are not able to celebrate because of work obligations. Many of my Biglaw friends lament the fact that they do not get to take time off for vacations or holidays. Is it any easier, however, for small firm attorneys? Indeed, with fewer attorneys, there are fewer people to share the workload. And even smaller matters have deadlines that often fall around the holidays.
If one of the reasons that Biglaw associates consider going to small firms is because of the greater flexibility to take time off for the holidays or vacation, it is my duty to prove (or disprove) this belief. Please take this survey and help us discover whether small firm practice truly means a better work/life balance, at least in this respect. Thanks!
In this week’s Career Center Survey, we asked you to predict how Biglaw’s 2011 year-end bonuses will stack up against bonuses based on 2010 performance.
Of the more than 700 responses we received, 28% of respondents think (or is hope the better word?) that the 2011 year-end bonus will be bigger than the combined 2010 Cravath year-end bonus, plus the 2011 Cravath spring bonus.
If those bonus numbers weren’t already forever etched in your mind, here’s a quick reminder of what those totals were….
Are you challenged by the costs and logistics of maintaining your office, distracting you from the practice of law?
Many small firms are successfully moving part—or even all—of their practice to a virtual setting. This even includes multi-jurisdictional practice spanning several states and practice areas, although solo and small partnerships are still the largest adopters of virtual law.
Can you do the same? The new article Mobile in Practice, Virtual by Design from author Jared Correia, Esq., explores how mobile technology bring real-life benefits to a small law firm. Read this new article—the next in Thomson Reuters’ Independent Thinking series for small firms—to explore how a mobile practice:
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 six years. You can reach them by email: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months (Robert Kinney and Evan Jowers will be in Hong Kong again March 15 to 23), and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.
Everyone is talking about the importance of Social Media in Corporate America. But it is relatively safe to say that most law firms and lawyers are slightly behind the social curve. Most lawyers, at minimum, use LinkedIn, for networking. Some even use Twitter for pushing out short, pithy content, while many have Blogs, where they write their little hearts out. The adage “it is better to give than to receive” is not always true though in the world of Social. In the Social World – it is best to listen, give back and engage.
Social Media is a communications tool that can deeply educate you about the needs and wants of your clients and prospects when used in conjunction social media monitoring and sharing tools.
Take this quick quiz and see if you know how to use Social to help you engage more with your clients or to better service the ones you have.