We don’t do enough reporting about the struggles of contract attorneys. We should do more, because that’s where the jobs are. Biglaw firms have been able to keep traditional associate hiring down thanks to an explosion in the use of contract attorneys. Getting one of these hourly wage jobs actually represents success in a market saturated with underemployed attorneys.
Now I remember why I don’t do a lot of reporting on contract attorneys: acknowledging that these, and not high-paying traditional associate salaried positions, are the jobs coming back in the “recovery” is terribly, terribly sad.
This might come as a shock to you, but being a document monkey on an hourly wage is not all that it’s cracked up to be. These hard-working people generally want to work as much as possible (kind of the opposite of traditional associates) for obvious reasons. But they are often frustrated by all sorts of bureaucracy and poor treatment in their quest to wring some value out of their J.D. degrees.
We have some emails detailing the struggles of one group of contractors working on projects in D.C. Hopefully, this will inspire other contract attorneys to share their experiences with “the new normal”….
One could argue that justices of the United States Supreme Court are underpaid. After all, their former law clerks get wooed with $300,000 signing bonuses upon leaving One First Street, which is more than what the justices earn in a year (as just noted by The Economist).
Even though she’s supposedly “retired,” the super-energetic Justice O’Connor remains exceedingly busy, occupied by iCivics work, sitting by designation in circuit courts, and promoting her new book (affiliate link). But she still has some free time — including time to go to the grocery.
Ed. note: This is the latest installment in a new series of posts on lateral partner moves from Lateral Link’s team of expert contributors. Today’s post is written by Larry Latourette, Executive Director of the Partner Practice at Lateral Link.
Over the last several decades, corporations have increasingly realized that having a voice in Washington is imperative. Lobbying the federal government can yield lucrative returns; studies have estimated the ROI at more than 2,000 percent. Attending to Washington can also prevent or reduce the harmful impact of government lawsuits or investigations that can occur when D.C. is ignored (take, for example, the DOJ’s antitrust case against Microsoft before it had a meaningful voice in Washington). In response, companies have set up Washington offices and joined or augmented industry trade associations to represent their interests.
Following their clients, D.C. law firms in turn have significantly beefed up their lobbying efforts and personnel to meet these increased demands. Some firms, like Patton Boggs, Akin Gump, K&L Gates, and Holland & Knight, now have scores of lobbyists on the payroll that have made major and, until recently, growing contributions to the bottom line. It’s probably no accident that D.C. is one of the only jurisdictions allowing non-lawyers to be partners in law firms.
Recent congressional gridlock, however, has posed difficulties for law firms and policy shops that depend on the flow of legislation for their revenue….
Working as a lawyer for the federal government can be a pretty sweet gig. The work is interesting, the hours are reasonable, and the pay is good (at least by public-sector standards).
But it appears that there are sweeter jobs — literally as well as figuratively. Earlier this month, we told you about Warren Brown, who left his position as a lawyer for the Department of Health and Human Services so he could launch CakeLove, the successful bakery chain.
Today we bring you the story of another lawyer for the federal government who is getting her just desserts. We hope you’ve eaten lunch already, because hearing about her crazily creative flavors of ice cream will make you hungry….
What should unemployed law school graduates do when they can’t find work and can’t feed themselves? A certain great French princess — although not Marie Antoinette, FYI — might say, “Let them eat cake.”
But not everyone can afford cake. Debt-burdened young (and not-so-young) lawyers don’t want to spend dough; they want to make it.
Perhaps literally as well as figuratively. Do you have some talent in the kitchen? Here’s an inspiring story for you….
We should have known that the Fisher opinion was going to be a letdown — a “great big dodge,” as my colleague Elie Mystal put it. Instead of readying herself for an historical moment, Justice Elena Kagan spent yesterday doing some window-shopping.
Where did she go, and what merchandise did she check out? Here’s an eyewitness report….
After a year-long break, we returned to law-related vanity license plates about a week ago. You heeded our call for submissions, and while we’ve been overrun with them, we’re always looking for more photos. If you’re a fan of the Law License Plates series, please send some in via email (subject line: “Vanity License Plate”).
Today, we’ll be taking a look at what some of the lawyers in our nation’s capital have displayed on their vanity plates. Unlike some of the submissions we’ve spoken about in the past, these plates aren’t direct invitations to get rear-ended, but that’s only because they’re too cryptic for laypeople to understand.
Get ready for some constitutional law nerd action….
People love to complain that D.C. is a dysfunctional city. That may be a bit harsh. Despite the partisan gridlock, sometimes deals can be reached in Congress — for example, the new gun control compromise measure in the Senate.
And the city itself is a much more appealing city to live in these days. The recent, taxpayer-financed boom in D.C. has led to improved restaurants, nightlife, shopping, and residential options. (I used to live in D.C., from 2006 to 2008, and I continue to visit frequently.)
But the lawsuits coming out of the nation’s capital — well, they’re still pretty crazy. Time for some quick updates on the insanity….
Despite his status as an Article III demigod, Chief Justice John Roberts is a man of the people. Instead of reclining on a divan while eating frozen grapes fed to him by eunuch law clerks, which is how I’d roll if I were the Chief Justice of the United States, JGR patronizes places like Cosi, Au Bon Pain, and Carmine’s.
And the chief even goes to Starbucks — where His Honor recently revealed something surprising about himself….
A few days ago, conservative political bloggers had some fun with the news of left-leaning commentator Matthew Yglesias buying a $1.2 million condo. But I tend to agree with Jonathan Chait: unless you’re a full-blown communist, there’s nothing inconsistent between being somewhat liberal and owning a nice place. I don’t even have a problem with so-called “limousine liberals” (although owning a $1.2 million apartment is hardly limousine land).
The news of Yglesias’s real estate purchase first appeared in Washingtonian magazine, which has fantastic coverage of the D.C. real estate market. The same column also contained news of several lawyers cutting seven-figure housing deals….
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!
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: email@example.com.
Please note that Evan Jowers and Robert Kinney are still in Hong Kong and will stay FOR THE REMAINDER OF THIS WEEK. We still have a handful of available slots for meetings with our Asia Chronicles fans. If we have not been in touch lately, reach out and let us know when we could meet! There is no need for an agenda at all. Most of our in-person meetings on these trips are with folks who understand that improving a legal practice through lateral hiring is an information-driven process that takes time to handle correctly.
Regarding trends in lateral US associate hiring in Hong Kong, we of course keep much of what we know off of this blog. Based on placement revenue, though, Kinney is having one of our most successful years ever in Asia. We are helping a number of our law firm clients with M&A, fund formation, cap markets, project finance, FCPA and disputes openings. These are very specific needs in many cases, so a conversation with us before jumping in may be helpful. As always, we like to be sure to get the maximum number of interviews per submission, using a well-informed, highly targeted, and selective approach, taking into account short, medium and long-term career aims.
Making a well informed decision during a job search is easier said than done – the information we provide comes from 10 years of being the market leader in US attorney placements at the top tier firms in Asia. There is no substitute for having known a hiring partner since he/she was an associate or for having helped a partner grow his or her practice from zip to zooming, and this is happily where we stand today – with years of background information on just about every relevant person in all the markets we serve, and most especially in Hong Kong/China/Greater Asia. So get in touch and get a download from us this week if we can fit it in, or soon in any case!
The 2014-2015 law school year is now in full swing. 1Ls are grappling with the strange new world of the Socratic Method and briefing cases. 2Ls are hoping to score some sort of job out of the fall interviewing season. And 3Ls are wondering just what the heck they’re even doing on campus. If, in fact, they are even on campus at all. ATL’s law school experts have designed this challenge to help determine how much you know about the realities of the 3L experience.