Now that we have kicked off the 2010 Summer Associate Satisfaction Survey, we wanted to share with you some of the highlights from the reports on the 2009 firm summer programs. If you are a current summer associate, click here to take our short survey about your experiences this summer at your firm.
The summer associate program at this Silicon Valley firm begins with a kickoff weekend at the Seascape Resort in Aptos, California, where, in addition to social events, the firm holds trainings and various practice group workshops.
This Washington, D.C.-based firm offers summer associates the chance to participate in its Public Interest Fellowship program, and split their time between the firm and local public service organizations for five weeks at full salary.
Summer associates at this Philadelphia-based firm, which recently opened a Moscow office, are paired not only with a partner and associate guide, but also a writing mentor.
All 14 of this "global" firm’s domestic offices have summer associate programs, and summer associate positions are also available in locations outside the U.S.
Additional summer program highlights, which might give you some good ideas to use at your firm, after the jump.
We are updating the Career Center and want to know what you think of your summer program. Are the attorneys at your firm screamers or camp counselors? Are you eating at 5-star restaurants, or splitting meals from the Dollar Menu at McDonalds? Are you working on the next mega-merger, or picking up a partner’s dry cleaning?
Let us know about your firm and its summer associate program by taking the short but substantive Lateral Link Summer Associate Survey. The survey should only take you five minutes and is completely anonymous. Gloat about your experiences or warn law students about the real summer associate life. Your responses will give future summer associates the "I-wish-I-knew-those-answers-before-I-joined" information about the firm that isn’t on the recruiting brochures.
Just a quick reminder that the Above the Law summer cocktail party, brought to you by ATL and the Practical Law Company, is taking place tonight. You’re cordially invited to enjoy drinks and hors d’oeuvres with the ATL editors and your fellow readers. The details:
Monday, July 12, 2010
6 PM – whenever
Amity Hall (80 West 3rd Street, New York, NY 10012)
The event is free, but space is limited, with priority given to summer associates and law students. Please RSVP by email, to firstname.lastname@example.org. (We’re almost at capacity, but we still have a few more spots.)
Welcome to the next in our series on the results of the 2010 ATL/Career Center Associate Satisfaction survey. We’ve used the survey results to revamp the Career Center, powered by Lateral Link, with completely updated profiles. Each week, we are highlighting insider information that Members shared about their firms in the eight key areas of associate satisfaction covered by the Career Center.
Today, we look at how your firm and others measure up in one very important aspect: Billable Hours.
This Texas-based firm, with one of the world’s leading energy practices, does not have a billable hours requirement, although bonus amounts are contingent upon meeting certain hours thresholds.
While this "top-notch" New York-based firm has no official billable hours requirement, Lateral Link Members report that the unofficial expectation is between 2,100 and 2,400 hours.
This California-based firm, which focuses on intellectual property, has an unusual billing system based on "billed, not billable, hours," and although the billable minimum is only 1,700 hours, hours "recorded but not billed out to the client are disregarded."
First-year associates at this East Coast firm are required to bill 1,900 hours per year, while other associates are required to bill 1,950 hours, a requirement that Members concur is “attainable and reasonable.”
More highlights — check to see if your firm is featured — after the jump.
We’ve mentioned it before, but since it’s just a few days away, we wanted to issue a reminder about the Above the Law summer soiree. It’s taking place this coming Monday here in New York. You’re cordially invited to come have drinks and hors d’oeuvres with the ATL editors and your fellow readers.
In today’s Career Center post, we’ve decided to take a short break from the updates on the results of our Associate Satisfaction Survey to share with you the latest career development article featured in the Associate Resources section of the Career Center, powered by Lateral Link. This article, along with the others in this section, provides practical advice on advancing your career.
The last several weeks have seen a surge of new lateral associate openings at law firms across the country. Even with the surge in openings, however, competition remains fierce for associate positions. In fact, employers have reported receiving upwards of 100 résumés for a single position. That means that it is more important than ever for your résumé to stand out from the competition. Fair or not, often the best résumés – and not the best candidates – generate interviews.
How can you develop a convincing legal résumé? Here are five tips….
Welcome to the next in our series on the results of the 2010 ATL/Career Center Associate Satisfaction survey. We’ve used the survey results to revamp the Career Center, powered by Lateral Link, with completely updated profiles and each week, we are highlighting insider information that Members shared about their firms in the eight key areas of associate satisfaction covered by the Career Center.
Today, getting away from it all (or not): face time and vacation policy.
Face time at this firm, “one of the best names to have on your resume, bar none," varies by partner and practice group, but in general, Members report that the firm puts no particular emphasis on face time.
This firm, a Beltway insider, offers a Reduced Workload Policy, which allows attorneys to work reduced schedules to fulfill family care responsibilities as well as activities designed to enhance professional development or stature in the legal community.
This firm’s extensive overseas office network may contribute to its "generally good" attitude about respecting vacations and the fact that most associates are generally "able to use all of [their] vacation time."
This Chicago-based "powerhouse" recently made the switch to an unlimited vacation policy, allowing attorneys to take vacation days at their discretion; Members say most attorneys use the policy judiciously and average between two and three weeks of vacation.
Who else is getting more vacation than you are? Additional highlights, after the jump.
For those of you who will be in New York on July 12, we’d like to bring this fabulous event to your attention, hosted by Above the Law and the Practical Law Company. It will feature free food and drink (since summer associates won’t accept anything less). Here are the details:
Monday, July 12, 2010
6 PM – whenever
Amity Hall (80 West 3rd Street, New York, NY 10012)
The event is free, but space is limited, with priority given to summer associates and law students. Please RSVP by email, to email@example.com.
Thanks. We look forward to seeing you on the 12th!
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.
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 email@example.com or firstname.lastname@example.org. 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:
● The basics of accounting for lawyers.
● How legal accounting differs from regular accounting.
● Report and reconciliation issues surrounding trust accounts.
● How to pick and integrate the best accounting tools for your practice.
● Steps to prepare your tax return for your firm’s income.
Do not miss this crucial chance to optimize your accounting practices. Save time and get back to billing!