法学院的春天

            

Of course it’s a good time to be a 2L - starting salaries at NY firms have risen 28% while they’ve been in law school!

        

            

I have a mediocre resume, but still got offers from about everyone.

        

            

You
know, if you posted some public service reports from time to time you
might get young people thinking about something other than $$$$, which
will never satisfy no matter how many digits in the salary number.

        

            

I
think you got “offers from about everyone” because you’re at NYU.
That’s a terrific school. My school is good–and 2Ls here generally do
well–but it’s not like NYU.

        

            

My
little Midwestern law school (ranked in the 4th tier by US News) had
students hired at large New York and Chicago firms this year.

        

            

Cincinnati
had a substantial, possibly a record, number of students hired by New
York and Chicago firms. I will be summering at a New York firm and look
forward to representing my school. The recent raise in salary is nice,
but I try and remain thankful for the opportunity to earn anything
close to that amount in the first place.

        

            

Pretty much everyone I know is working at Vault top 25 firm (except Wachtell) this summer.

        

            

if you werent top 10% at my school, good luck

        

            

If
firms are hiring more, they are hiring more. Random comments to this
post won’t be very insightful, because 2Ls only have the experience of
going through recruiting at their school, and only this year.

        

            

It
might be good times for Tier 1 graduates, but all of us poor
hardworking tier 2 students are still trying to get any work, let alone
a big firm.

        

            

is this a house of cards waiting to crash?

            

are we all going to be laid off in three years?

        

            

is this a house of cards waiting to crash?

            

are we all going to be laid off in three years?

        

            

is this a house of cards waiting to crash?

            

are we all going to be laid off in three years?

        

            

It
really depends on the market. In NY, DC, OH, and CA I had a less than
2% call-back percent, as there are more law schools and more
competition. I can’t say I ever experienced the increase in offers
(mostly because I barely got any)

        

            

Top 6%, 6 figure offer from a large Philly firm.  Life is good.

        

            

At
the University of San Francisco, we had people get hired by Wilson
Sonsini, Townsend and Townsend and Crew, Simpson and Thatcher, Morgan
Lewis and Bockius, etc. It was a good OCI (for top 15% students).

        

            

Here are some opportunities for doing activities for global good without any capital investiment.

            

A. Click to donate sites. By clicking on links at these sites, the sites will engage in activities of social good.

1. www.thehungersite.com

2. www.ecologyfund.com

            

B. Search and donate sites. For every search we do on these search sites, a certain sum will paid to charities.

1. www.goodsearch.com

2. www.everyclick.com

3. www.charitycafe.com

            

C. Using the unused processing power of our computers for global good.

1. www.worldcommunitygrid.org

            

D.
Visit the following link, and download a (free) cookery book from that
link. The cookery book has Pasta recipes recommened by international
chefs and celebrities. For every download, Barillaus - the pasta making
company from Italy will donate one dollar to alleviate hunger from this
world.

            

http://www.barillaus.com/Celebrity_Cookbook.aspx

            

Please note that this activity of donating one dollar is valid only till the end of February.

            

Feel free to share all these links and messages to all your colleagues/ friends.

        

            

Of course they’re handing out summer internships like candy, they’re short of fodder right now.

And as soon as their market turns, they’ll hand out pink slips like candy.

So what?

Big law is a leveraged-body business, and none of you future associates
should confuse a job with the likelihood of a future equity position.

Until you can get clients, or truly cause them to walk out the door
with you, you are and shall forever remain, fodder. And given that
large law firms are conditioning clients to believe that they need a
large brandname firm to “service” them, the bargaining power of each
sub-partner level in these firms will get less with each passing year.

        

            

Loyola–Your’re
a good kid, a funny kid, but maybe, just maybe, if you spent more time
on your studies or looking for work instead of whining on blogs, you’d
have some offers by now.

        

            

Thank
you Ajith, I clicked on all the clicks and turned my computer’s excess
computing power to the World Community Grid. Right now, it tells me
that my computer is helping to investigate “protein-protein
interactions for 40,000 proteins whose structures are known, with
particular focus on those proteins that play a role in neuromuscular
diseases. The database of information produced will help researchers
design molecules to inhibit or enhance binding of particular
macromolecules, hopefully leading to better treatments for muscular
dystrophy and other neuromuscular diseases.”

            

As for the
6-figure salary? It’s great if you’re getting it to do the work that
gives your life great meaning and yourself incredible satisfaction.
Otherwise, it’s a booby trap from which you will be willing to rip off
a limb to escape in 5, 10, 15 or 20 years. Property, power and
prestige, the three least satisfying paths to a happy life. Good luck
to the 2L’s and remember that the world your parents are leaving you is
literally melting and its species, including us, are facing catastophic
extinction. Surviving this century is the great work before you. Good
luck!

        

            

Thank
you for helping Barilla raise money and grow awareness to help fight
hunger in America! Because of your support, Barilla has reached our
$100,000 goal by the 9th day into the campaign. Thank you to all of our
friends for supporting this endeavor.

            

“Although our goal has
been met, the cookbook will remain available for download for the
remainder of the month of February. We hope you enjoy the recipes.”

        

            

I
remember this runup in Associate hiring back in ‘99 & 2000. It was
followed by the only time in history junior corporate atty’s were laid
off. As long as the economy is strong (and growing) jobs will be
maintained. But no business activity = no legal advising

        

            

It’s
a good market for 1Ls too … in Boston, it seems like lots of mid-size /
big firms are still hiring and looking for 1Ls (since most of the 2Ls
are taken). BU is a great school, but it ain’t Harvard and I know quite
a few 1Ls with firm jobs this summer at both large firms and midsize,
some before their grades even showed up!

            

It’s like you can feel it in the air.