When was the last long trip you took? For many of you, especially those of you who work at law firms, it might have been you post-bar-exam trip or your honeymoon. But it was probably a really long time ago.
How would you like to go on a trip that never ends? How would you like to leave your office behind and visit different countries, learning about different cultures and expressing yourself along the way?
If you have a camera and a laptop, you might be able to turn this dream into a reality….
It’s mid-April, and you all know what that means: some people are already starting to freak out about the July 2013 bar exam — but not about whether they’ll pass or fail. This time, people are losing their minds over their hotel accommodations, or the lack thereof.
Yes, you read that correctly. Bar examinees in New York are going to be forced to find alternate lodging during this most crucial of times, because most major hotels do not have a single reservation available between July 28 and July 31.
But what on earth could be more important than the bar exam? And which test sites will be affected by this disruption in service?
This is, in a nutshell, the story of the latest lawyer featured in our series on career alternatives for attorneys. But there is a lesson here of broader applicability.
Are you looking to leave the law? Your treasure trove of “useless” knowledge could be a valuable asset….
Feel free to put this back in your carry-on luggage.
It’s been a while since we’ve written about the anti-rights disaster that is the Transportation Security Administration. But they’re still there, still abusing people’s rights under the guise of “making us safer.”
Ironically, I’m writing about TSA today because they are relaxing their restrictions. The TSA has decided to allow small knives and golf clubs on the plane.
So, for those playing along at home, you still can’t have liquids over three ounces on the plane. But knives, you know, THE THINGS THAT THE TERRORISTS ACTUALLY USED TO TAKE OVER THE PLANES ON 9/11, are okay now….
* Let’s be honest, if it wasn’t for 9/11, we’d already be allowed to leave our cellphones on during flights because before 9/11 we weren’t beaten and cowed by the rights abusing airline industry. [The Legal Satyricon]
* “The Child Support Lady” is the lady that helps Dads avoid paying child support by representing fathers. I think I’d prefer the child support lady who helps Dads avoid paying child support by passing out condoms. [Miami Herald]
* Check out his warning label on a doormat. [Overlawyered]
* Christmas isn’t a deadweight economic loss, because sometimes people surprise you. [Daily Beast]
* And now for the obligatory “look how lawyers would ruin Christmas if they could” posts. First, the oldie but goodie. [Tax Prof Blog]
Biglaw lawyers behave badly sometimes. And Biglaw lawyers sometimes use travel as an excuse to behave badly. But no one likes to talk about the bad things they see their colleagues do. It is bad for business, especially since it is the rainmakers that usually behave the worst. Bad behavior is usually just ignored, and only gets revealed as confirming evidence of a former colleague’s failings — if and when the firm decides enough is enough and cuts ties with the evildoer. Sometimes that never happens, and the sociopath becomes a “firm leader.” Biglaw is a business, after all, and powerful people need to get away with the things powerful people decide they are entitled to do. So Biglaw lawyers and staff generally keep quiet.
When I was an associate, I was lucky enough to work with pretty decent people. Even though I did a lot of work traveling, with a variety of senior attorneys, I was never exposed to any behavior that was out of line. Back at the office, there usually was a spate of gossip following partner retreats, but that was tame stuff. To be honest, a group of pasty old partners hitting a strip club, or some millionaire partner sitting at the ten-grand-a-hand blackjack table, did not strike me as that scandalous. Especially when I was exposed in the office to blatant overstaffing of matters, do-nothing partners and associates “reviewing” things, and similar other profit-drivers that normal people would consider theft. (My firm was not so bad on the padding front; other firms I saw from cases I was on were far worse. But that is a discussion for another time.)
There was one time, however, when I saw openly unprofessional behavior, perpetrated by a pretty important Biglaw figure no less. And I kept quiet about it, despite the temptation to email Lat and expose what I saw. Now that I have this platform, I still intend to protect the identity of the Biglaw figure that I saw with my own eyes publicly debase his or herself and our shared profession. Why? For the sake of his or her family, clients, and firm. And for Biglaw — we don’t need more scandals, especially stale ones. And when there is innocent collateral damage to consider, I think it best to keep my mouth shut. If this person’s fate is to be exposed for other indiscretions, it will happen. Going by the lack of discretion they exhibited publicly (which I witnessed with my own eyes), there is a good chance they feel immune. Maybe they are. We’ll see — and I have no doubt that if things ever catch up to them, ATL will be there to capture the happenings.
At this point, stuff like this doesn’t even make me mad. I’m just impressed. In a few years, I swear Ashton Kutcher will come out and that he’s been secretly working with the Transportation Security Administration on a new airport-themed reboot of Punk’d.
They dump grandpa’s ashes all over the floor. They accuse some guy of carrying a weapon, when it’s just his massive package. And now they apparently believe the massively overpriced, burnt Starbucks coffee you bought after getting ambiguously naked x-ray photos taken of you is SOMEHOW worth screening too.
[Stops to breathe]
OK. Let’s take a look. And, yes, OF COURSE we have video….
I watched the sunset with my son last night. I told him that today would never come again, and that I was so happy to have watched the day end next to him. It then occurred to me that I had missed so many events since becoming a practicing lawyer; and for what? The easy answer is that I was such a hungry young turk, that I would always choose work over play because that is what lawyers do. Especially Biglaw attorneys. It was simply a rite of passage to regularly catch the 8:03 p.m. with a couple of oilcans of Foster’s Lager, arrive home after 9 p.m., and be up again at 6 a.m. to rinse and repeat.
Even more hardcore was pulling an all-nighter in an effort to prepare a brief for filing. Associates would lament, with an undercurrent of braggadocio, about how they had to cancel a vacation in order to complete a filing. And the funny thing is, I don’t recall any partners cancelling anything — ever. So, the hard (and candid) answer is that I was a fool….
* “We can’t engage the public in a seminar about health law.” Justice Sonia Sotomayor informed the public at Penn Law that she would not be taking up a post as a Wise Latina civics instructor. [Wall Street Journal]
* Next on Meltdown with Keith Olbermann: this liberal commentator has sued Current TV over getting fired. It is clearly the most irresponsible, homophobic, racist, reactionary, tea-bagging network ever. [Businessweek]
* George Zimmerman has added another lawyer to his soon-to-be defense team — a “veteran criminal defense” lawyer. Why did he need to hire such a hot shot if what he did to Trayvon Martin was legal? [Reuters]
* Step aside TSA: what kinds of rights do cruise passengers have at sea? How about the right not to be interrogated, strip searched, and then forced to pee in front of security guards? [Overhead Bin / MSNBC]
* Jordan Wallick has been convicted of second degree murder in the shooting death of James Wallmuth III, a University of Pittsburgh law student. Wallick is now looking at life behind bars for his crime. [CBS 21 News]
Over the last few years, the legal market has changed dramatically. We live in a buyer’s market in which the clients hold the upper hand and can demand financial concessions from their attorneys that go beyond lower hourly rates.
This good news for clients might sound like bad news for lawyers. If lawyers can’t charge as much, they likely won’t make as much. But although greater price competition might lower revenue for some firms, it surely presents an opportunity for others. Small law firms often compete with bigger firms on price, and increased client sensitivity to legal fees can be a marketing boon to firms that can undercut their competition (with the familiar caveat, of course, that the smaller firm must be able to provide the resources and quality required by the particular matter).
The changing market invites, if not demands, lawyers to offer concessions for clients. Happily, many of the concessions have relatively little impact on the firm’s bottom line, but can garner significant goodwill with clients. For example….
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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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 six years. You can reach them by email: asia@kinneyrecruiting.com.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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