This coming Friday, it is the inalienable right of all Americans to sleep off their hangovers, or riot at Walmart, or do anything at all rather than work for The Man. But Biglaw is a different country. As illustrated by Elie’s decision matrix, the “choice” of whether to work on this sacred day is, for the denizens of the law firm world, fraught with other pressures and expectations. We all know that Biglaw careers demand a Faustian bargain: in return for their fat paychecks (and bonuses?), lawyers are expected to work grueling, unpredictable hours. This time of year, that reality is brought into sharp relief: the “holiday season,” with those “family obligations” and so forth, is something that occurs elsewhere.
But law firm billable expectations are not homogeneous. There are significant differences across practice areas, seniority levels, and, of course, individual firms. So how do the various practices, employment statuses, and firms stack up?
Ed. note: This is the latest post in our series of ATL infographics — visual representations of our own proprietary data, relevant third-party data, “anecdata,” or just plain jokes.
Elie here. My first “Black Friday” (that’s the Friday after Thanksgiving for those who reject consumerism in all of its forms) while working in Biglaw, I went into the office. My second Black Friday, I went to the therapist. I didn’t make it to my third one.
Thanksgiving is next week, and while you certainly shouldn’t have to work on Thursday, Friday is a different matter. So, we’ve put together this helpful decision matrix to figure out if you actually have to drag yourself into your Biglaw office on Friday… or if you can sleep off your turkey hangover surrounded by your family and/or the escort you paid to make your holiday feel less empty…
This Thanksgiving, I was thankful for a healthy baby. Watching the Cowboys get blown out with your son is a whole other level of awesome that I can’t begin to adequately describe.
Trust me, my little guy will not grow up to like the Cowboys, he won’t end up being a Republican, and there’s no way in hell he’s going to law school. As soon as I got back to work, I remembered to be thankful (again) that I graduated from law school long before the economic meltdown and the era of high tuition with low job prospects.
Other people aren’t as lucky. Over the holiday, a presumably unemployed, 2012 law graduate sent a scathing letter to the dean and the faculty of the law school he graduated from. He’s angry. Based on the letter, he also might be a little loopy, possibly from hunger, but he’s certainly very, very angry….
I wish I could tell you that Americans fought the good fight, and the TSA let us be. I wish I could tell you that — but holiday travel is no fairy-tale world. We never said who did it, but we all knew. Things went on like that for awhile — travel consists of routine, and then more routine. Every so often, Americans would show up with fresh bruises. The TSA kept at us — sometimes we were able to fight ‘em off, sometimes not. And that’s how it went for American travelers — that was our routine.
Today is the biggest travel day of the year, and for another Thanksgiving, Americans will be doing it under the watchful eye of the Orwellian Transportation Security And Molestation Administration. The $8 billion dollar organization is alive, well, and entrenched. And nobody can accuse the freshly reelected Democratic president of doing anything to protect our civil liberties against the TSA. Nor has the supposedly liberty-loving Tea Party made aggressive groping at airports a major issue.
But for the most part, the country seems resigned to the TSA’s continued existence. Ooh, now kids under 12 don’t have to take off their shoes. Progress! We don’t sue them, we don’t legislate against them, we just kind of take it and hope that they decide to take their hands off our junk out of the kindness of their hearts.
We’ve got a couple of stories that, in their own way, highlight how cowed we’ve become….
I am guessing that approximately six people will read this column. That’s down from the usual nineteen, and it is because this is the day before Thanksgiving 2012 — the Last Thanksgiving if the Mayans were right, and just another day gorging on turkey with the family if they were wrong. Since so few of us are toiling away today, I want to give thanks for some things, and to some people, instead of writing another piece on in-house life.
First, thanks to David, Elie, and Staci. It has been an adventure writing for you. I used to read this site every day, and enjoyed it more often than not. I am sure that one day we’ll meet face to face and share some cocktails, discuss open-toed shoes, and admire Staci’s weight loss and wedding ring.
Thanks to the other writers on this blog, especially Tom Wallerstein and Mark Herrmann. Among the other writers here, those two consistently cause me to attempt to step up my game. That is the mark of good writing, when you strive to write as well as those whom you admire.
Thanks to the Commentariat. I am inspired and chastened by your (sometime) wit, and disgusted by your depravity. However, and I mean this sincerely, you are like the hordes in the pit of the Globe theater, ready to throw waste or snark on a moments notice — sometimes deservedly so, and sometimes with good humor. I hope you find jobs, and that the Internets always remain anonymous for you….
In the early 1980s, Robin Williams performed in a nightclub. His performance was taped and later broadcast by HBO. During the performance, Williams spied on-stage a wine glass filled with a clear liquid (which was, in fact, water), and Williams was off and running:
“There are white wines. There are red wines. Why are there no black wines?
“Reggie wine! It’s a m*therf*cker! Goes with meat; goes with fish; goes with any damn thing it wants to.
“I like my wine like I like my women — ready to pass out.
“We’ll get Mean Joe Green to advertise the stuff: ‘Reggie wine! Drink this sh*t or I’ll nail your ass to a tree.'”
After HBO broadcast the performance, an African-American winemaker named David Rege (pronounced “Reggie”) sued Williams and others in California state court, claiming that Williams had damaged Rege’s reputation and adversely affected the sales of his wine. (You knew there was a lawsuit tucked in here someplace, didn’t you?)
According to the over 900 respondents to the Career Center survey, only 16% reported working on Thanksgiving Day. That means a whopping 84% of you took the day off for feasting with family and friends. However, of these respondents, 24% said they did have to work the day after Thanksgiving, but still, that’s an impressive 60% who took full advantage of the four-day weekend.
If you’ve been following our holiday surveys this year, Thanksgiving Day is the clear winner so far. Just compare the 16% of survey respondents who worked on Thanksgiving Day with the 48% of survey respondents who worked on Labor Day, the 35% of survey respondents who worked on the Fourth of July, the 73% of respondents who worked on Presidents’ Day, and the 66% of respondents who worked on MLK Day.
The top reasons for missing out on the Thanksgiving festivities were….
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.
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: