The year is quickly drawing to a close, but we have unfinished business to conduct here at Above the Law. Come on, people, we still have to crown our Lawyer of the Year for 2012.
Thank you to everyone who responded to our call for nominations, in the comments or via email. We’ve narrowed down the nominees to a field of nine (although you’ll see only eight options in the poll because one is a joint nomination). As in past years, the contenders run the gamut from distinguished to despicable.
Many of our readers are busy Biglaw attorneys, and almost as a rite of passage, many of them have come home from work late at night, showered and gotten completely dressed and ready for the next day, and slept in their clothes for a few hours, if only because they knew they wouldn’t have the time or energy to complete their morning routines before returning to the office.
If this sounds like an enjoyable lifestyle, then more power to you. For others, a more relaxing life beckons each and every day, but only some are brave enough to heed its call. When the art of relaxation summoned this corporate lawyer, she listened, and managed to turn it into a successful business opportunity as the founder of Higher Ground Yoga.
If you’re in search of some zen, this stealth lawyer may be able to assist you….
* As an in-house compliance officer, there’s only one guarantee: you’ll be paid, and you’ll be paid quite well — we’re talking like six-figure salaries here. Regulatory corporate compliance, on the other hand, isn’t such a surefire thing. [WSJ Law Blog (sub. req.)]
* When it comes to employment data, this law dean claims that using full-time, long-term positions where bar passage is required as a standard to measure success in the employment market is “grossly misleading.” Uhh, come on, seriously? [Am Law Daily]
* “Bar passes and jobs are inextricably tied,” but eight of New York’s 15 law schools had lower bar passage rates than last year for the July exam. Guess which school came in dead last place. [New York Law Journal]
* Dominique Strauss-Kahn officially settled the sexual assault civil lawsuit that was filed against him by Nafissatou Diallo. Given that she thanked “everybody all over the world,” it was probably a nice payout. [CNN]
* Steven Keeva, a pioneer in work/life balance publications for lawyers, RIP. [ABA Journal]
It’s time to announce the winner of November’s Lawyer of the Month competition. Our five contestants all made the news recently for their deeds of derring-do, be they on the bench on the bike path. As usual, one of them stole the show, both in your votes and in national media coverage.
From Above the Law, to the Huffington Post, to the New York Times, November’s winner rocked the legal profession and caused many to reevaluate their lives — and ultimately, their happiness. As it turns out, sometimes the wonderful world of Biglaw isn’t all it’s cracked up to be.
November brought us many things to be thankful for, ranging from time spent with family to hurricane relief efforts to the lawyerly antics worthy of representation in our Lawyer of the Month competition.
In what’s probably a first, the majority of this month’s contestants are judges, with a mere sprinkling of lawyers here and there. But when it comes to laying down the law — at least insomuch as this contest is concerned — these controversial jurists are top notch.
Let’s check out our nominees for November’s Lawyer of the Month….
I remember when I first started practice, a Cravath partner said that you have to make it a priority to go on trips, see friends, and have a life.
– Goutam Jois, a litigation associate at Gibson Dunn, commenting on where he got his inspiration for achieving work/life balance in Biglaw. Jois leads a double life, practicing law by day, and performing stand-up comedy by night. He recently won the title of America’s Funniest Attorney after winning a contest at the Gotham Comedy Club.
Last month, a commenter responded to one of my posts with something to the effect of, “I knew your writing would start to suck once you had a kid.”
That statement, I think, will inevitably end up being true. How can anybody possibly be focused at work when they have a newborn at home? I’m writing this post while my three-week-old baby is sleeping in a rocker next to me. That means that I’m, at most, paying about 30 percent attention to what I’m writing. I don’t have a fun Argo reference for you, because instead of seeing the latest movie event of the fall, I spent the weekend trying to lower my diaper changing time. Right now, I’m about as engaged with this post as Obama was engaged in his debate with Mitt Romney.
And my kid is only three weeks old, which means he’s still functionally immobile. What’s going to happen when he’s crawling around? What’s going to happen when my Jamaican nanny — if you have some info on good, “cost-effective” child care, let me know — is calling me to ask if it’s okay if he eats the dog’s treats?
Yeah, I think my job will suffer. And my “job” involves coming online and making law students cry. I don’t have to structure billion-dollar deals or even key-cite an opinion.
So I have to ask all these people who claim they’ve achieved some kind of work/life balance, and that they “have it all” — what the f**k are you talking about?
When we speak about work/life balance here in these pages, we don’t tend to talk much about sex. The more important things always seem to come to the forefront of the conversation — things like endless days, sleepless nights, and soul-crushing stress. When that’s what lawyers in Biglaw firms are grappling with on a daily basis, is it really any wonder that no one gives pause to talk about sex (or a general lack thereof)?
Now, we know that lawyers aren’t completely asexual, but perhaps there just isn’t a place to speak about what seems to be a rather impolite topic. So let’s plunge in and assess the situation, complete with a reader poll about whether your jobs are killing your sex lives.
In the wise words of Salt-N-Pepa, let’s talk about sex, baby….
* Speaking on the condition of anonymity, one Supreme Court justice thinks that things will be back to normal at One First Street come the start of the next term, despite his colleagues’ loose lips. [National Law Journal]
* Hourly billing rates for associate are on the rise nationwide, while partner and counsel billing rates only saw modest bumps. Is Biglaw back in business, or is this just another “retention strategy”? [New York Law Journal]
* This is a really hard to believe newspaper headline: “Law firm recognizes employees have life outside of work.” Carlton Fields, what kind of gypsy voodoo magic spells are you casting? [South Florida Sun-Sentinel]
* Another day, another editorial about the “irretrievably broken” state of legal education in our country. But the ABA admins needn’t worry their oblivious little heads, because people will keep applying. [New York Times]
* And in today’s disturbing law school debtor news, Jason Bohn’s charge was upgraded to first-degree murder after a DA announced via indictment that Bohn allegedly intended to torture his victim. [New York Post]
* “Quite frankly, these are the actions of a dirty old man.” You can look, but never lick: it’s not really a good thing when a judge uses a sentence like this to describe an attorney’s alleged client relations skills. [CBS News]
* For it’s one, two, three strikes you’re out at the old ball fraud game. Lenny Dykstra pleaded guilty to bankruptcy fraud among a potpourri of other felony counts, and he’ll now face up to 20 years in prison. [CNN]
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.
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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!