Our ongoing ATL School & Firm Insider Survey (take it here!), asks current law students, among other things, “What do you expect to do after you graduate?” A whopping 71% tell us that they expect to work for a firm. (This percentage was consistent across class years.) That this proportion is so high, and so at odds with the NLJ findings, can mean some combination of two things:
The ATL student readership skews heavily toward that minority of students who will actually snag Biglaw gigs.
Many (if not most) expectations of law firm employment will be dashed against the reality of a contracting job market. In other words, a majority of students think they are in the fortunate minority
After the jump, we’ll look at how wide the gap between student expectation and market reality is, even at the “go-to” schools:
Which law school helped her land a fabulous Biglaw job?
The general economy started to turn around last year, but the legal job market remains sluggish. In 2011, many top law schools sent fewer graduates into first-year associate jobs at the nation’s largest 250 law firms than they did in 2010. That’s the bottom-line finding of the National Law Journal’s annual survey of which schools the NLJ 250 firms relied on most heavily when filling first-year associate classes.
The results of the survey should be interesting to current law students and law firm attorneys. And they’re of possible practical import to prospective law students who are now choosing between law schools (or deciding whether to go to law school at all, based on a cost-benefit analysis that pits tuition and student loans against post-graduate job prospects).
So let’s look at the top 10 law schools, ranked by the percentage of their 2011 juris doctor graduates who landed jobs at NLJ 250 firms (i.e., “Biglaw”)….
It’s time for celebration of a different sort — time to celebrate, and congratulate, the latest class of Skadden Fellows. The winners of these prestigious public interest fellowships were just announced, as they are every December.
As explained in the Skadden Fellowship Foundation’s press release, the 28 new fellows are graduating law students or judicial law clerks who are devoting their careers to public interest work. They’ll be working for organizations located in nine states and the District of Columbia, “focusing on issues ranging from the health and safety of low-wage immigrant workers in California to representing Russian-speaking victims of domestic violence and sex trafficking in New York.”
(Baby Jesus would be proud of what they do. Unless they work for the ACLU and try to ruin his birthday.)
Who are the Skadden fellows for 2012? Which law schools produced the most fellows? And what’s different about this year’s program compared to past years?
Thus far, reader sentiment doesn’t seem favorable towards Berry. According to Above the Law sources, Greg Berry wasn’t popular at Penn Law, where he was known for sending strange emails about his traffic court misadventures to his classmates. A tipster who knew Berry during his first career, as a software engineer who “conquer[ed]” Silicon Valley, expressed the view that Berry was “very inflexible,” lacking in a sense of perspective, and “not a good fit with the dot.com 1.0 work-style.”
In fairness to Berry, however, we have heard more positive opinions as well. For example, one Penn classmate described Berry to us as “a nice, smart dude, and a go-getter.”
This morning we mentioned a lawsuit filed against litigation powerhouse Kasowitz Benson and two Kasowitz partners by Gregory S. Berry, a former first-year associate at the firm. Berry’s 50-page complaint, filed in New York state court, contains 14 causes of action, including wrongful termination, fraud, and breach of contract. Berry seeks a whopping $77 million in damages — $2.55 million in estimated lost income, and $75 million in punitives.
According to Berry’s complaint, he “immediately began doing superlative work” at Kasowitz. Alas, the law firm was unable to accommodate his “superior legal mind.” After he began seeking greater responsibility in a way that rubbed some colleagues the wrong way, he got canned.
This summer, sadly, the celebrity wattage seems to be considerably lower. Biglaw is less big than it was a few years ago, and landing a summer associate gig isn’t easy, even for the famous. But we still have a few names to pass along (and welcome additional submissions, by email).
This morning Elie referenced one of my favorite films: Mean Girls, starring the talented but now tormented Lindsay Lohan. This reminded me of one of our celebrity summers, who has had the pleasure of acting alongside LiLo. Unlike his famous co-star, however, he is now studying the law rather than breaking it.
Who is he, where is he a law student, and where is he working this summer? Let’s find out….
As you are all know, the University of Texas School of Law has moved into the “top 14″ in this year’s U.S. News law school rankings. It’s a bit of cheat for U.S. News: Texas is technically tied for 14th, which means that the magazine has actually managed to cram 15 schools into its top 14. I’d complain more, but I’m a fan of a Big (We Can’t Count To) Ten school.
While we all know that Texas is in the top 14, very few of you remember the significance of the top 14 in the first place. The top 14 isn’t as arbitrary as it sounds. Since U.S. News started publishing these law school rankings, no school that ranked in the inaugural top 14 has ever been ranked outside of the top 14, and no school that did not rank in the top 14 that first year has ever cracked that list. Until now.
The top 14 has been a way to distinguish elite institutions that are nearly interchangeable with one another from really good law schools that are just a cut below. When viewed that way, Texas’s inclusion was probably long overdue.
Let’s take a look at some of the other movement in this rarefied group of law schools….
As David Lat said earlier this week, “Here at Above the Law, we’re trying to help you.” Honestly, think of Above the Law as the MPRE, but for situations people in the legal community are actually likely to face. Don’t conduct sensitive firm business on a crowded train. Don’t offer hand-jobs in school-wide emails.
And here’s a good one: don’t reuse exam questions just because you are teaching at a different law school. It’s called “the internet,” professors. Your students have access to it and can find your old questions. If you put in just a little bit of work, you can come up with entirely new exam questions.
We were somewhat surprised to learn that this actually isn’t the most depressing day of the year. That honor goes to the third Monday in January, not the first. There’s a whole mathematical formula about it. Anyway, here’s some LEWW cheer to brighten your gray Monday.
Administrative note: Signs are indicating that LEWW will soon be presenting Mr. LEWW with another heir. Wedding coverage will be scaled back somewhat while we recover from the blessed event, but you won’t care because it’s January, and nobody gets married in January.
But some got married in December — like these three couples:
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: email@example.com.
We currently have a very exciting and rare type of in-house opening in China at one of the world’s leading internet and social media companies. Our client is looking for an IP Transactional / TMT / Licensing attorney with 2 to 6 years experience. The new hire will be based in Shenzhen or Shanghai. Mandarin is not required (deal documentation will be in English) but is preferred. A solid reason to be in China and a commitment to that market is required of course. This new hire will likely be US qualified (but could also be qualified in UK or other jurisdictions) and with experience and training at a top law firm’s IP transactional / TMT practice and could be currently at a law firm or in-house. Qualified candidates currently Asia based, Europe based or US based will be considered. The new hire’s supervisors in this technology transactions in-house team are very well regarded US trained IP transactional lawyers, with substantial experience at Silicon Valley firms. The culture and atmosphere in this in-house group and the company in general is entrepreneurial, team oriented, and the work is cutting edge, even for a cutting edge industry. The upside of being in an important strategic in-house position in this fast growing and world leading internet company is of the “sky is the limit” variety. Its a very exciting place to be in China for a rising IP transactional lawyer in our opinion, for many reasons beyond the basic info we can share here in this ad / post. This is a special A+ opportunity.
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When Chintan Panchal decided to leave a global BigLaw partnership to start his own firm, he could only hope that he would face the high-quality problem of firm building that many had cautioned him about. Focused on the uncertainty surrounding of a new firm launch, he decided to tackle staffing needs, IT challenges, and financial planning requirements after he had built up his legal practice.
Panchal Associates LLP–a corporate/finance and outside general counsel boutique–was quickly off to a great start. Clients and matters were flying in the door, and Chintan soon had a team of lawyers and staff with a variety of operational needs. To continue building an excellent team and provide them with a competitive benefits package, to expand his physical presence to include a European practice and additional partners, and to scale his operations and IT capabilities to support this growing enterprise brought with it demands of time, money, and expertise. Chintan knew he needed help.
“With the assistance of NexFirm, we have upgraded the capabilities of our firm to meet, and in some cases exceed, the standards we were used to at our former BigLaw firms. Operationally, we can now attract and service clients we didn’t have the bandwidth to support in the past, and continue to build our team with the best and brightest legal talent in the industry,” said Chintan Panchal, adding “It has worked out quite well in our case; NexFirm is an essential partner for us.”
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