Life in the Real World

When I speak with candidates, I really believe that honesty is paramount. After a conversation with a recruiter, a candidate should know his/her chances of success in the market and should have an assessment of the timing of the search, etc. Sometimes it is hard for candidates to hear the truth.

I was recently speaking with a first year litigation associate who had excellent credentials. The potential candidate came to me in her second month of practice and said that she had to leave her firm. She couldn’t stand it. Really. I am sure it wouldn’t surprise you to know that looking for a new position in the second month of your first year might set off a few red flags in a law firm’s recruiting department. Even though I had explained every one of the associate’s “negatives” to her, she insisted upon a job search against my admonition.

Fast forward a few months. I was right. This associate doesn’t have a new position. Why not? Well, the associate couldn’t understand the reality of the situation – the overall economy, her lack of experience, the non-existent litigation market. It was a confluence of many negative factors. According to the candidate:

I should have been marketable on the basis of my credentials alone, no matter what my seniority or the state of the economy.

That statement might be accurate when you are interviewing for a summer associate position but it is very different in the lateral hiring context. Some associates get the wrong idea about lateral hiring because their only experience involves interviewing for a summer position as a law student. It’s not like that in the “real world” – the post-graduation, first year associate world. I had a teacher in high school who would always reference a utopia called “the land of the bunnies.” Would that all job searchers could live there!

If only this associate could accept the reality of her situation. Some factors are beyond anyone’s – even an associate with excellent credentials – control. Sometimes it is best to wait on a job search until those factors lessen a bit.

Math for Lateral Partners

The lateral partner market is a flurry of activity right now. We are currently working with a number of lateral partner candidates. The most frequent concern among partners conducting a search? How to value their book of business in strange economic times. My colleague, Dan Binstock, just wrote a fabulous article on this very issue. In We Were Told You’d Bring Billables, Dan addresses the most effective way to value your book so that you are representing yourself in an honest, accurate and marketable way.

All I Wanted Was A Vacation….

I recently had a firm ask to revisit a candidate that they had passed on several months ago. Their first question, logically, was whether or not the candidate was still on the market. “Are they still interviewing?” To my chagrin, I had to tell the firm that while this candidate was still on the market, she was no longer with her firm. Unfortunately, now the firm has decided to hold off bringing her in for an interview so that they can look at some other candidates.

The truth is that this candidate left her job willingly and happily and did so because “she had enough money to last a while and wanted some time off.” You work hard and deserve to take some time off. However, I can not stress to you enough to take the time off AFTER you secure employment.

I once wrote an article geared toward law students regarding the importance of how they spend their summers and how it can speak volumes to a law firm. Firms want to know their junior associates are focused, goal oriented and are going to be long-term hires. One way to gauge that focus is by looking at how they choose to spend their summers. Backpacking in Europe or billing hours at Skadden Arps?

The same goes for a candidate’s judgment when it comes to leaving one job before securing another. It is rare that a firm’s needs are so urgent that they are willing to walk away from an ideal candidate because they have asked to take a few weeks for some much needed rest.

While every situation is unique, I urge you to talk to your recruiter before taking that walk down the hall and giving your two weeks notice. Otherwise, you may be taking a much longer vacation than you had anticipated!

Is the Versatility of a Law Degree Just a Myth?

How easy is it to use your law degree to secure a position in an alternate field? Ever wondered just how versatile your law degree will be? Steven Seckler, managing director of BCG Attorney Search, notes that a law degree might not be as flexible as one might hope in Is the Versatility of a Law Degree Just a Myth?, a National Law Journal article.