From the monthly archives:

May 2012

The interviewing process can certainly be overwhelming and exhausting. While you are anxious to receive that offer, there are certain criteria every attorney should consider before accepting just any position. In order to find success and happiness within your job, you must carefully examine the long-term potential the opportunity embodies. Making sure this job is an ideal fit can be crucial, as you definitely do not want to begin a new job search any time soon.

One criterion which, for many, seems to be of high priority is the annual salary. Even though the dollar amount is what you were looking for, it is important to consider a variety of related requirements an employer may have. For example, if this position requires a 70-80 hour work week, it is important to weigh this issue thoroughly. With any high-paying position come certain sacrifices. If an equally balanced quality of life is your top priority, then this position, although tempting, will have no long-term future.

The quality of the firm is also another area to consider, as it relates to your future job satisfaction. Will this position allow you to successfully demonstrate your skills and areas of expertise? Even though a firm’s status and prestige can be attractive, if their practice is not consistent to where your true passion lies, then this will become another obstacle you encounter in the near future. Analyzing and exploring your growth potential within a certain firm or corporation should be evaluated well before you accept an offer. The most important thing to remember is– love what you do… if this is accomplished than success will ultimately follow.

Many times attorneys often refer to ‘what if scenarios’. This notion can be useful in certain situations; however, deciding whether to accept a new job should be based on real- life scenarios and your present situation. It is impossible to know what lies ahead–but by being able to make accurate and precise decisions given the information at hand, will enable you to find the best possible fit for you and your future. The bottom line…know what you want. Only you know what is best for your career. While it is common to ask others for advice regarding one’s career path, your final decision should ultimately lie with you.

Finding that ideal position can be a grueling task; once you have determined the type of opportunity you are specifically looking for, you are then more well-equipped to decide which offer is best suited for your career. Accepting an offer is not an everyday event and shouldn’t be treated as such. A thorough assessment of your goals and priorities should be well-examined at the beginning of your job search. It is then, you can rest assured knowing you made the right decision.

Share This Story:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • BlinkList
  • Blogosphere News
  • Blogsvine
  • description
  • E-mail this story to a friend!
  • Faves
  • Furl
  • Live
  • NewsVine
  • Print this article!
  • Propeller
  • Spurl
  • StumbleUpon
  • Technorati
  • Tumblr
  • TwitThis
  • YahooMyWeb

{ 0 comments }

The Practice of Law: To Stay or Go

by A. Harrison Barnes on May 23, 2012

Should I stay or should I go? I found myself asking this very question at a very early stage in my legal career. If you are reading this, I assume you are also pondering whether or not you should stay in the legal profession. This is a serious question and you should research it as much as possible before making the decision. Approach the question as you would any legal issue: be objective and reserve judgment until after getting all the facts. Make sure to make a decision that honestly reflects your feelings, because it is most likely going to be a decision that will permanently affect the rest of your life.

For this decision process, you should consider a variety of factors, many of which will be discussed in this article. If you do decide to stick with the profession but believe your current situation is not ideal, I suggest using the BCG job analysis tool to figure out if something else might be a better fit.

Why I chose to take a “hiatus” from the profession?

Like all attorneys, I worked hard during law school in order to work for the best firm in my practice area. I succeeded and received an offer in my third year of law school to work with a top IP firm. A month into my career at the firm, I found out I passed the California Bar Exam on my first try and was even asked to be a grader for it. I felt invincible. I was working at a prestigious firm and, at age 25, I was making more money than both of my parents combined. in fact, I was making more money than most people supporting families do. I was the envy of my college (and even some law school) friends. Like most naïve starting attorneys, I thought I was set for life.

For various reasons, the firm was not a good fit and I started looking elsewhere. Unfortunately, my practice area was, and still is, very slow. Consequently, it was not feasible to find a comparable position in another firm because there simply were not any openings. In order to continue practicing as a lawyer, I found I would have had to change practice areas and I started applying to positions and firms that I would not normally have considered. As I interviewed, I realized more and more that I was pushing myself to do something that I did not have a passion for. I was too young to push myself into a career I did not want to go into with full force.

While I was still interviewing for positions as an attorney, I spoke to my recruiter at BCG and discussed my concerns about continuing with the profession. My recruiter, like most BCG recruiters, was a former attorney for a large firm and had the same concerns about the profession that I had. In response, my recruiter offered me a position with BCG, and at first I laughed at it. I thought it was a very sweet gesture, but surely I couldn’t “downgrade” my profession after working so hard. Over the next couple of months, I thought about it and, as you can see, I took a chance and am now far happier than I ever would have been practicing as an attorney.

Before making the decision to jump ship and enter another profession, I considered the following:

My motivation in going to law school

Like many who end up in law school, I went for some of the most absurd reasons. Essentially, the final decision was made by a process of elimination: I did not want to be in the medical profession, getting a PhD took too long, I had no interest in going to business school…What does that leave? Law school. Hey, why not? I liked philosophy and my dad told me I would meet a good husband in law school and it would open me to more opportunities. While the former didn’t hold true, he was right about the latter. If it were not for law school, I would not have the opportunity to be working at BCG.

I’ve interviewed countless other attorneys and have found that those who had a legitimate reason for going to law school are much more likely to enjoy practicing law. If you were someone who: (1) went to law school wanting to be a lawyer, (2) has a close relative (usually a parent) who is a lawyer and knew what you were getting into, (3) has an interest in politics, and/or (4) wanted to change current law, then you are probably in the right profession. Of course, motivations can change after law school, but the overwhelming number of well-adjusted attorneys continue to find their work interesting and challenging because they have been working toward a goal for so long and still feel that they have more to accomplish in their field. If you started law school unsure of whether or not you wanted to accomplish anything as an attorney in the first place, the chances are low that the work will excite you.

What motivates me?

You need to be honest with yourself and find out what motivates you. While at work, see what stokes your fire. Is it money? Power? Prestige? Intellectually stimulating work? A desire to help people? Client contact? Giving back to society? Advancing the cause of justice? Persuasive writing?

I found that money did not motivate me, but then again, I only have to support myself. Of course, everyone needs money and I would only work if I could make a certain amount, but it wasn’t my primary concern. More important to me was the need to feel independent and be respected by my peers and superiors, and I also need to be in a supportive environment.

If you are considering other professions, talk to people in those fields and determine what drives those people and keeps them going back to work every day. Compare these findings to what motivates you.

Do I identify with my professional peers?

Do you find that your personality and drive are similar to those that you work with? Are the people you work with the type of people you would like to associate yourself with? Attorneys in a firm environment have to be able to work with each other every day. Whether it is receiving work from a partner or consulting a fellow associate, if there is no sense of camaraderie in these interactions, there is a low probability that they are something to look forward to everyday. This camaraderie usually stems from a shared sense of belonging and/or common goals, and not having anything in common can be a sign that maybe you are not cut out for the same kind of life as your professional peers.

Judging by the hours most firms require their attorneys to put in, it is safe to assume that the attorneys in your firm are going to be a significant part of your life as long as you work there. While it is not necessary to be best pals with everyone, being able to get along with your co-workers can be very important in determining whether or not you are happy in the workplace. While not having anything in common with them is a possible sign that you might consider another field, not being able to be civil with your co-workers may be a sign that you have to move firms. Firm cultures tend to run the gamut and the attitude of your current firm may not be the best fit for you. However, you should not necessarily take an unhappy situation to mean that you need to change careers.

What viable alternatives do I have?

If I did not get the opportunity to work with BCG, I likely would still be working as an attorney. I am very glad it worked out, though, because it has proven to be the right choice for me. Having an idea of what the next step could be if you do choose to leave law will be necessary for many people. The uncertainty that can arise from leaving something you have worked so hard to achieve for nothing in particular is a drastic step that may end up making you even unhappier. The remedy for that lies in finding a new career path that you believe will make you happier. This is really the one thing that should merit the most attention in this process. Without having something else in mind, there is more willingness to look back and regret – having something to look forward to changes that.

While there are not as many opportunities for working as an attorney outside of a law firm as there were a few years ago under the bull market, corporations have a continual need for in-house representation, and the larger corporations can staff dozens of attorneys. In-house corporate work may end up being a lot like a law firm, and if the actual work is what you are trying to get away from, this is probably not the best option. If, however, the law firm environment is what you find stifling, in-house work tends to mean less hours and a less cut-throat atmosphere, but also can mean less compensation.

Law school may be in your rear-view mirror, but, if the thought is not too painful, it is always possible to go back and teach. A strong mind for legal theory and a desire to mold the legal minds of tomorrow are what make a strong candidate for a professor. Excellent academic credentials certainly do not hurt, either. Summers off, less stress, and more time and resources available for research and publication are what make these positions so highly sought after. Similarly, working in the public sector for the government or a public interest group may seem like a step down in terms of prestige, but it can mean more interesting work and a lot less stress.

Careers that have absolutely nothing to do with the law are also a possibility, as a law degree is a lot more versatile than you might think. A legal education is welcome in almost any field, as it shows strong training in the ability to think analytically and it hones writing skills. Putting that training to use for something other than the law may seem abnormal, but there are thousands of working Americans with law degrees that have chosen other fields.

Is it financially feasible to move professions?

This is the biggest question when it comes to switching careers. Sure less stress, more fun, and less time spent at work all sound wonderful, but these things come at a cost and that cost can run up to 100K per year. Firms are traditionally some of the best compensating organizations in the world and very few other professions are going to pay six figures to start. Are you willing to sacrifice a very large chunk of your annual income for an opportunity to get away from it all?

This question essentially comes down to what matters most to you. If you are truly unhappy working in a law firm, then there is plenty of incentive to take a pay cut. As another type of professional with a good education, you will most likely be able to make as much as you need, although that is always relative. Someone like me, who does not have a family counting on a large check from me, can take the plunge with very little concern for the money. Others must consider salary first and foremost because of familial or other financial obligations. The age old question of whether to choose happiness or money will not be decided here, but both come with pros and cons, and it is up to you to decide which takes precedence.

Do I need to be in a stable profession? How risk-averse am I?

Some people are going to dive off a cliff as soon as the opportunity arises and others are afraid to walk out the front door without checking and double checking if they locked the bathroom window. In general, the legal industry is filled with people who are more likely to go back to the window for a second look than cliff dive. It is a common joke that the majority of graduates of the top law school ended up there because they had nothing better to do, but there is actually a bit of truth to it – many lawyers got into the profession simply because it is safe and respectable. These are the people that are the least likely to enjoy the work and probably the most in need of a change, yet the least willing to actually make one because it requires risk.

I was able to jump off the cliff, but only because I had a net at the bottom. Leaving the legal industry would be a risk no matter what you are leaving it for, but having something to fall back on is comforting. With many of the top law firms closing their doors during this recession and firm stability becoming more abnormal, the legal industry is not the safe haven it used to be, so leaving the profession now may not be as impractical as it once was.

What environment am I most comfortable in?

I took a personality test to determine this. While the questions on those tests are usually leading (e.g. The question “Do you like work to come in at a slow pace or a busy pace?” is able to miraculously decipher whether you like to work in a relaxed or hectic atmosphere), they more or less get you to think about the questions that you might not otherwise consider in your job search. If you are unwilling to put your career in the hands of some internet technology, then feel free to consult us.

My advice to attorneys in a slow practice area

If you are in any of the following practice areas, you are an attorney in a slow practice area: corporate, M&A, IPO’s, project finance/capital markets, “soft” IP such as trademark and licensing, healthcare, environmental, telecommunications and some regions of commercial real estate. Because there is not much work in these practice areas, attorneys who would like to continue in the profession need to be flexible with the areas of law they practice in.

If you are a corporate attorney who does not have any work, you need to think of alternatives to solidify your position within a firm. Many corporate attorneys are looking for positions as commercial litigators. This does not have to be a long term career change, but you must do it if you would like to continue in the profession. Nothing is forever and most careers take some strange turns. Who knows, it may benefit you in the end. Perhaps you will meet a contact that you would not have met as a corporate attorney and voila! You’ve got yourself a client. If your long term career goal is to be a partner for a major law firm, then you must stick out the downturn in the economy.

For those who need to make a change in their practice area, I refer you to the BCG Candidate Resource Center. There you will find an article about changing your practice area. Please read this and feel free to contact one of BCG’s recruiters about whether it’s wise to change your practice area.

Do your homework

  • Talk to your peers (law school classmates and/or co-workers), mentors, law school career counselors – anyone who can help shape your perspective and push you in the right direction. And of course, feel free to contact a BCG recruiter. It’s our job to offer you advice about your career.
  • Read about career changes and other ways to use a law degree – your law school career center or its bookstore likely has books on this subject.
  • Make a list of pros and cons for both staying and leaving the profession. Discuss this list with all who will be affected by your decision: your significant other, family, friends and whomever else you feel may be affected.

When the decision is made, question it before you act on it

One more thing you may want to take into consideration when making your decision is whether or not you are likely to second-guess yourself and choose to go back to working in a law firm. If you think that you might, then you almost definitely should not leave. For starters, in a down economy, law firms are not going to be all that sad to shed some excess attorneys and a firm that you unexpectedly left will not be thrilled to see you again two months later if you have a change of heart. Additionally, firms interested in hiring associates want to ensure that they are committed to practicing law, and if you have already proven you are not by leaving for something else, you will undoubtedly be seen as a question mark in a profession that is used to periods. Ultimately, though, if you can see yourself actually going back to firm practice, then you probably are not as fundamentally unhappy with the law as you might feel at the moment. Perhaps you just need a change of scenery within your current career and not an actual career change – or maybe all you need is a month in Paris. Questioning your decision now will prevent you from having to question it later, when there is a lot less you can do about it.

Share This Story:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • BlinkList
  • Blogosphere News
  • Blogsvine
  • description
  • E-mail this story to a friend!
  • Faves
  • Furl
  • Live
  • NewsVine
  • Print this article!
  • Propeller
  • Spurl
  • StumbleUpon
  • Technorati
  • Tumblr
  • TwitThis
  • YahooMyWeb

{ 1 comment }

One of the questions we often receive at Legal Authority is why would you possibly want to send your application materials to a law firm without openings? This question doesn’t take into account the business model of most law firms or their internal economics.

Law firms typically bill out by the hour for their services. Lawyers can only work a certain number of hours per day. If a law firm has more work than it can handle, or could be billing more to cases and matters, the work simply doesn’t get done and the law firm loses money.

When you send out resumes in an unsolicited manner, you are essentially presenting law firms with a business proposition. If they have work you can do, they can bill out your work. The amount a law firm bills for generally exceeds what the law firm pays you and the law firm makes money.

Law firms often get so busy that they don’t even take the time to advertise their jobs. If they see your resume when they’re busy, they’ll often choose to bring you in because they can make money from hiring you. When you mail your resume to a law firm, you’re more likely to stand out and catch their attention. Letters are personally delivered, have to be opened, and generally people are flattered and like to receive mail. This is especially true in today’s day and age when people are emailing resumes and applying through databases.

Simply stated: Law firms will hire in response to an unsolicited resume, because they can make money from your work.

Companies are the same. Companies rarely receive unsolicited resumes from attorneys. Companies typically pay outside counsel very high legal fees. The average law firm charges over $300 an hour. The law firm also charges for faxing, photocopying, research, paralegal support and more. The result of hiring outside counsel can be extremely expensive for law firms.

When you apply to a company, the first thought that crosses their mind is can you help them save money. In today’s economy, companies are extremely interested in saving money and bringing in an attorney can help. Companies are also very inexperienced in their ability to recruit attorneys and many don’t know where to start–they’re concerned about the business they’re in. They may be experts in hiring engineers or executives, but don’t know the first thing about hiring attorneys. I have seen numerous attorneys get some pretty incredible positions due to this knowledge gap.

Both law firms and companies LOVE unsolicited resumes. This is an incredibly effective way to get a job. They like it for business reasons that have nothing to do with whether they have openings or not. One of the best ways to get a legal job is just to be there at the right time. This is what we help you do at Legal Authority.

Share This Story:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • BlinkList
  • Blogosphere News
  • Blogsvine
  • description
  • E-mail this story to a friend!
  • Faves
  • Furl
  • Live
  • NewsVine
  • Print this article!
  • Propeller
  • Spurl
  • StumbleUpon
  • Technorati
  • Tumblr
  • TwitThis
  • YahooMyWeb

{ 0 comments }

The Story Doesn’t End There

by A. Harrison Barnes on May 8, 2012

Once upon a time a tortoise and a hare had an argument about who was faster. They decided to settle the argument with a race. They agreed on a route and started off the race. The hare shot ahead and ran briskly for some time. Then seeing that he was far ahead of the tortoise, he thought he’d sit under a tree for some time and relax before continuing the race. He sat under the tree and soon fell asleep. The tortoise plodding on overtook him and soon finished the race, emerging as the undisputed champ. The hare woke up and realized that he’d lost the race.

The moral: “Slow and steady wins the race.”

This is the version of the story that we’ve all grown up with.

THE STORY DOESN’T END HERE. There are few more interesting things. It continues as follows…

The hare was disappointed at losing the race and he did some soul-searching. He realized that he’d lost the race only because he had been overconfident, careless and lax. If he had not taken things for granted, there’s no way the tortoise could have beaten him. So he challenged the tortoise to another race. The tortoise agreed. This time, the hare went all out and ran without stopping from start to finish. He won by several miles.

The moral: “Fast and consistent will always beat the slow and steady. It’s good to be slow and steady; but it’s better to be fast and reliable.”

THE STORY DOESN’T END HERE

The tortoise did some thinking this time, and realized that there’s no way it can beat the hare in a race the way it was currently formatted. It thought for a while, and then challenged the hare to another race, but on a slightly different route. The hare agreed. They started off. In keeping with his self-made commitment to be consistently fast, the hare took off and ran at top speed until he came to a broad river. The finishing line was a couple of kilometers on the other side of the river. The hare sat there wondering what to do. In the meantime the tortoise trundled along, got into the river, swam to the opposite bank, continued walking and finished the race.

The moral: “First identify your core competency and then change the playing field to suit your core competency.”

THE STORY STILL HASN’T ENDED

The hare and the tortoise, by this time, had become pretty good friends and they did some thinking together. Both realized that the last race could have been run much better. So they decided to do the last race again, but to run as a team this time. They started off, and this time the hare carried the tortoise till the riverbank. There, the tortoise took over and swam across with the hare on his back. On the opposite bank, the hare again carried the tortoise and they reached the finishing line together. They both felt a greater sense of satisfaction than they’d felt earlier.

The moral: “It’s good to be individually brilliant and to have strong core competencies; but unless you’re able to work in a team and harness each other’s core competencies, you’ll always perform below par because there will always be situations at which you’ll do poorly and someone else does well.

Teamwork is mainly about situational leadership, letting the person with the relevant core competency for a situation take leadership.

Note that neither the hare nor the tortoise gave up after failures. The hare decided to work harder and put in more effort after his failure. The tortoise changed his strategy because he was already working as hard as he could.”

In life, when faced with failure, sometimes it is appropriate to work harder and put in more effort. Sometimes it is appropriate to change strategy and try something different. And sometimes it is appropriate to do both. The hare and the tortoise also learnt another vital lesson. When we stop competing against a rival and instead start competing against the situation, we perform far better.

To sum up, the story of the hare and tortoise has much to say:

  • fast and consistent will always beat slow and steady;
  • work to your competencies;
  • pooling resources and working as a team will always beat individual performers;
  • never give up when faced with failure; and finally
  • compete against the situation – not against a rival
Share This Story:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • BlinkList
  • Blogosphere News
  • Blogsvine
  • description
  • E-mail this story to a friend!
  • Faves
  • Furl
  • Live
  • NewsVine
  • Print this article!
  • Propeller
  • Spurl
  • StumbleUpon
  • Technorati
  • Tumblr
  • TwitThis
  • YahooMyWeb

{ 0 comments }