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.”
As part of a nationwide tour, Above the Law is coming to the great city of Chicago.
Join preeminent law firm management consultant Bruce MacEwen, Katten Muchin Chicago managing partner Gil Sofer, and JPMorgan Chase & Co. assistant general counsel Jason Shaffer for a panel discussion (sponsored by Pangea3) on the evolutionary and market forces bearing down on the law firm business model. Come on by Thursday, November 20, at 6 p.m., for thought-provoking discussion, food, drink, and networking.
Space is limited and there will be no on-site registration, so please RSVP
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.