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WILL ANYONE NOTICE ON APRIL 27?
When is a partner not a partner? One of biglaw’s profitability secrets relates to what “partner” means. In increasingly common two-tier partnerships, only equity partners have an ownership interest...
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“AND THE CHILDREN SHALL LEAD…”
It was a great Star Trek episode, and not just because one of the most famous trial lawyers of his time, Melvin Belli, played a villain who tried to take control of every child on planet Triacus. The...
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28 DAYS – The Big Squeeze Continues
While we’re waiting for NALP to reveal what it decided on April 26 — when it was supposed to grapple with the problem of getting biglaw firms to provide career tracking information on their non-equity...
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“SEND THE ELEVATOR BACK DOWN…”
Kevin Spacey regards late actor Jack Lemmon as a key influence in his life. He often quotes Lemmon’s famous remark: “If you’re lucky enough to have done well, then it’s your responsibility to send the...
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“LIES, DAMN LIES, AND STATISTICS”
ALM editor-in-chief Aric Press penned a provocative article about Indiana Law Professor Bill Henderson’s for-profit venture on recruiting, retention, and promotion....
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LAW SCHOOL DECEPTION
Last Sunday, the NY Times asked: Are law schools deceiving prospective students into incurring huge debt for degrees that aren’t worth it? Of course they are. The U.S. News is an aider and abettor. As...
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A NEW METRIC: THE MISERY INDEX
Let’s call it what it is. Large law firms and their management consultants have redefined a word — productivity — to contradict its true meaning. Recent reports from Hildebrandt and Citi measure it as...
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IMPROVING PROSPECTS — BUT FOR WHOM?
Life is just a matter of perspective. For example, here’s some apparently good news: – The legal sector added 1,500 jobs in April. – Ashby Jones at the Wall Street Journal Law Blog cited a recent...
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DO THEY COUNT AS BILLABLES?
In “New Lawyers, New Classes,” the Wall Street Journal reports on firms sending their attorneys through business-education type programs. Describing one full-time four week example, it states the...
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THE RHETORIC OF MARGINALIZATION
By now, just about everyone knows about Rush Limbaugh’s vile rant against the third-year Georgetown Law student who had the temerity to speak her mind before Congress. This post isn’t about the subject...
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A COMMENDABLE (AND COURAGEOUS) COMMENT AWARD
As the executive director of National Association for Law Placement (NALP) — the organization that sets the rules whereby big law firm employers and their prospective new hires find each other — James...
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MORE JOBS, EXCEPT FOR LAWYERS
During April 2014, job growth exceeded economists’ expectations. The recovery continues, but one line item in the latest detailed Bureau of Labor Statistics report should be particularly troubling to...
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