Staci here. A scene like this must have played out in the past few weeks at the law library while everyone was studying for the upcoming bar exam. Someone who is a repeat bar taker tries to explain a legal concept that you’re having trouble with, and everyone around you is looking at you like you’re insane for listening to him. Come on, that guy failed the bar exam. He obviously doesn’t have a clue…. or does he?
Should you give credence to a repeat bar examinee’s advice, or take it with a grain of salt? Can you really trust someone who’s failed the bar exam?
Mr. Bar Exam will give you his thoughts, and he may be sharing the screen with an attractive study partner….
The average debt of law graduates tops $100,000, and most new lawyers do not earn salaries sufficient to make the monthly payments on this debt. More than one-third of law graduates in recent years have failed to obtain lawyer jobs. Thousands of new law graduates will enter a government-sponsored debt relief program, and many will never fully pay off their law school debt.
Staci here. When you finished law school, you probably thought you’d have some time to relax before bar exam hell started this summer, but you quickly found out just how wrong you were about that.
So instead of going to the bar and getting all wasteyfaced, you buckled down and studied hard for a few weeks. But you still felt deprived. You still felt like you needed to go out and get your partying ways out of your system. It was then that you had an epiphany — come hell or high water, you were going to take a weekend trip to Vegas to escape from your bar exam woes.
Now, this may sound incredibly stupid to some of our readers, and to be quite frank, it is. It’s about as stupid as choosing someone like me as your bar exam study partner. But Mr. Bar Exam didn’t care.
Let’s see the important lesson he learned in this week’s episode….
At the end of last week, I wrote about an interesting campaign video for Jim Foley, an attorney running for a state judge position in Olympia, Washington. At first I wasn’t sure what I thought about it — was it ridiculous, or awesome, or both? But the longer the video’s rap hook stays in my head, the more sure I am of how great it is.
So, imagine our pleasant surprise here at ATL when we got an email over the weekend from Jim Foley himself. He provided a couple of interesting details about his campaign ad: who’s the mysterious rapping woman? Who were the boys sharing his delicious stew? What exactly are the lyrics to the song?
When you consider what would make a qualified state judge, what comes to mind? Empathy, lots of in-court experience, evenhandedness, fairness?
Pssh. I think we all really want a judge who bench presses in a tank top with his name on it, builds boats at his house, and knows how to cook a stew. A colorful bowtie and rapping hype-girls are also important, of course.
That’s why Jim Foley, an attorney in Olympia, Washington, has created the wonkiest campaign ad we have seen in a while. Love it or hate it, watch the video and you will be singing, “Holy moley, I hear Jim Foley is running for judge in the city of Oly,” for the rest of the afternoon.
Elie here. As many of you know by now, studying for the bar exam kind of stinks. You’ve finished law school — it should be time to celebrate, but you can’t, because you’ve got to go right into bar prep mode.
To add some levity into these dreary times, we have partnered with “Mr. Law School” who will showcase his unique brand of bar preparation in an ongoing video series. We’ve linked to him before, and we think you’ll enjoy this weekly study break.
Let’s get to the video. This one is safe for work, but I can’t promise that all of them will be…
That’s the question the WSJ Law Blog just asked about the [pick your favorite adjective: beleaguered / collapsing / flailing / troubled] law firm of Dewey & LeBoeuf. Today brings big, bad news for Dewey: bankruptcy superstar Martin Bienenstock is taking his practice to Proskauer Rose. He’s moving with five other partners — Philip Abelson, Irena Goldstein, Timothy Karcher, Michael Kessler, Judy Liu — and nine associates.
Dewey’s loss is Proskauer’s gain. “He is absolutely the crown jewel over there, a fantastic lawyer who will be a great partner,” a current Proskauer partner told us. “This is going to vault us into the company of Kirkland and Weil, giving us one of the top bankruptcy practices in the country. We are really thrilled.”
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.
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 firstname.lastname@example.org or email@example.com. 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.
The Tools of Argument: How the Best Lawyers Think, Argue, and Win is a highly readable 200-page book, available for about $10 in paperback or e-book. Chapters focus on foundational principles in legal argument: procedure, interpretation of contracts and statutes, use of evidence, and more. The material covered is taught only implicitly in law school. Yet, when up-and-coming attorneys master these straightforward tools, they will think and argue like the best lawyers.
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.
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● 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!