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Career Center AboveTheLaw Lateral Link ATL.jpgWith the holidays approaching, associates find themselves facing a quandary. Since work is still slow at many firms, associates may be tempted to take vacation before the economy bounces back and brings 70 hour work weeks with it.
On the other hand, does taking vacation in a recession send the wrong message?  This week, our ATL / Lateral Link survey asks what you think about using vacation time while the chips are still down.  We’ll use the information to update the ATL Career Center and bring you the results next week.

If you have information about your firm that you want to share with other career center users, please email us at careercenter@abovethelaw.com. Thanks!

thank you post it note.JPGA quick word of thanks to this week’s advertisers on Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email advertising@breakingmedia.com. Thanks!

For your viewing pleasure, here are some pictures from Above the Law’s recent holiday happy hour, sponsored by Applied Discovery.

thank you post it note.JPGA quick word of thanks to this week’s advertisers on Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email advertising@breakingmedia.com. Thanks!

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The bar has been set for 2009 bonuses by Cravath, and most firms are falling in line.  Check out the ATL Career Center, powered by Lateral Link, for the latest information from the legal markets and updates from users about bonuses and everything else you wanted to know about top law firms.  In the last week, we have updated the firm snapshots for Davis Polk, Orrick, Schulte Roth, Debevoise, Simpson Thatcher, Milbank Tweed, Patton Boggs, Willkie Farr, Skadden Arps and Paul Weiss.  Below are a few of the latest updates from the Career Center’s firm snapshots:

  • This firm announced that that it would not only be continuing its pay freeze and keeping 2010 salaries at 2008 levels, but it would be further cutting salaries for those associates who fail to meet their billable hour goal by more than 300 hours.  
  • This firm debuted its new compensation structure: associates will be grouped into three levels, and advancement from one level to the next will be based on merit, not class year. 
  • This firm matched Cravath for first- through sixth-year associate bonuses, but is giving seventh-year associates a $5,000 bump up from Cravath levels. 

Use the Career Center’s firm snapshots and comparison tool to learn about other bonus news at firms around the country. 

After the jump, we reveal the most popular firms on the Career Center last month.

double red triangle arrows Continue reading “Career Center: Associate Bonus and Compensation Updates”

thank you post it note.JPGA quick word of thanks to this week’s advertisers on Above the Law:

If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email advertising@breakingmedia.com. Thanks!

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Welcome to Part 2 of our Ask The Experts article on long-term career planning, partnership prospects, and in-house careers, brought to you by the ATL Career Center, powered by Lateral Link
Last week, we shared advice about general career development from the Career Center’s Professional Development panelists: Morgan Chu of Irell & Manella, Mike Woronoff of Proskauer Rose, and Vivian Yang, General Counsel at Citysearch.
This week, we’re back with the panelists’ advice on the specific steps that associates need to take if they want to make partner or move in-house. Click here to read the full article and view other resources on the Career Center.  If you have tips or questions that you would like covered in future Ask The Experts columns, please email careercenter@abovethelaw.com.
Alternatively, you can read Part One here, and Part Two after the jump.

double red triangle arrows Continue reading “Career Center: Advice for Midlevel Associates (Part 2)”

thank you post it note.JPGA quick word of thanks to this week’s advertisers on Above the Law:

  • The Atlantic
  • Harvard Business School
  • Kinney Recruiting
  • Lateral Link
  • LexisNexis
  • The Red Cross
  • The Tikvah Center at NYU School of Law
  • University of Massachusetts, Amherst, Isenberg School of Management

    If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email advertising@breakingmedia.com. Thanks!

  • Career Center AboveTheLaw Lateral Link ATL.jpg
    Welcome to the latest article in the Ask The Experts series, brought to you by the ATL Career Center, powered by Lateral Link. This week’s experts include Morgan Chu of Irell & Manella, Mike Woronoff of Proskauer Rose, and Vivian Yang, General Counsel at Citysearch, who served as panelists on the Career Center’s Professional Development panel for mid-level associates on long-term career planning, partnership prospects and in-house careers. The panelists shared a lot of valuable information, so we’re making this a two-part article.
    This week we highlight the panelists’ advice to mid-level associates on general career development, such as how to find mentors and use the people you already know to build a network. Next week, we’ll be back with Part Two of the article, with advice on the specific steps that associates who want to make partner or move in-house need to take.
    Part One, after the jump.

    double red triangle arrows Continue reading “Career Center: Advice for Midlevel Associates (Part 1)”

    thank you post it note.JPGA quick word of thanks to this week’s advertisers on Above the Law:

    If you’re interested in advertising on Above the Law or any other site in the Breaking Media network, download our media kits, or email advertising@breakingmedia.com. Thanks!

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