Last month, in the inaugural post in our series of Law School Success Stories, we focused on the theme of “the value of thrift.” We outlined a “low risk” approach to law school, profiling happy law school graduates who secured their law degrees without going into excessive debt — under $50K upon graduation, which is the recommendation of Professor Brian Tamanaha, author of a new book (affiliate link) about reforming legal education.
Today we’re going to cover the flip side: the “high risk, high reward” approach to legal education. In some ways this is a dangerous theme. The promise of Biglaw bucks is the siren song that leads many to crash on the rocks of joblessness and crippling debt (as Will Meyerhofer discussed earlier today).
Some law schools clearlyexaggerate the ability of a legal education to increase a person’s career prospects and earning potential. But for some subset of law students, however small, law school does turn out to be a golden ticket. Their numbers might be inflated, but they do exist. Law school has allowed these individuals to increase their incomes dramatically. And — shocker! — many of these J.D. holders actually enjoy their lucrative new jobs.
Read about a young woman who went from being a secretary to having a secretary — along with a six-figure paycheck. Meet a young man with a rather unmarketable undergraduate degree who now, thanks to law school, makes bank in New York City.
Here’s another way of describing today’s success stories: “Fairy tales can come true, it can happen to you….”
But sometimes — perhaps most of the time? — alert and engaged citizens are a good thing. Today we bring you the happy and heartwarming story of two Florida law students who helped apprehend a fugitive from justice.
How did they do it? Through keen observation and quick thinking….
If you’re a bride-to-be — and let’s face it, even if you’re not — you’ve probably seen at least a few episodes of TLC’s Say Yes to the Dress. The show features the goings-on at Kleinfeld, one of the premier bridal salons in New York City, where staff members assist brides in their quest to find the perfect wedding dress.
Imagine our surprise when we tuned in to watch the show, and caught a glimpse of a beautiful lawyer searching for a wedding gown. But this was not just any lawyer — this lawyer used to have an action-packed career as a stunt woman. These days, though, she gets all of her action inside of a courtroom.
So who is this stunt woman turned lawyer? Why did she decide to make such a drastic career change? And how did she snag her husband, the general counsel to a Fortune 500 company?
All of this and more, including some glamorous wedding photos, after the jump….
It’s the end of October, and you know what that means: law school finals are lurking. As law students begin to hunker down and make sweet, sweet love to their outlines and flashcards, others are busy thinking up more clever ways to study the same materials.
Visual learners think that drawing pictures will help them cram especially boring law into their brains, but those in the auditory learning crowd know better. And that’s why one law student is writing rap songs about the most boring law of all, Sarbanes-Oxley….
It’s been a while since we have had a good ol’ Flori-duh story. I mean, that Miami kid came up with a ridiculous student bill of rightsages ago. We’re all overdue for some Everglades antics.
We’ll need to do a Florida potpourri here, but together these two stories have everything we’ve come to expect from the Sunshine State. We’ve got randomness, violence, crime, and circumstances that would seem improbable anywhere else.
And the fact that this is happening at arguably the top law school in Florida just makes everything so much better. Pass the Tropicana and strap in, for a look at life down in Gatorville…
It isn’t easy to wring a correction out of the New York Times. The Gray Lady is notoriously stingy when it comes to confessing error. [FN1]
But David Segal’s very interesting and widely read article about the perils of going to law school — which still sits at the top of the NYT’s list of most-emailed articles, several days after it first came online — now bears a notable correction…
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
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: