By Hillary Mantis
The number of lawyers employed by firms remained static in 2011, according to data recently released by Hildebrandt Institute’s Peer Monitor (a Thompson Reuters product.) However, there was movement in lateral hires, according to the recruiters surveyed.
By Hillary Mantis
The number of lawyers working part-time decreased slightly in 2011, for the first time in 17 years, according to a just released survey from The National Association for Law Placement.) The survey also revealed that a whopping 70 percent of lawyers working part-time are women.
Just 6.2 percent of lawyers were working part-time in 2011, down slightly from 6.4 percent in 2010, according to NALP’s analysis of their 2011-12 Directory of Legal Employers, which surveyed 1,269 individual law firms.
BY HILLARY MANTIS
Whether your New Years’ Resolution is to find a job, or improve the one that you have, it make sense to build your network. In all of my years as a career counselor, this has been the most dreaded task.
Here are a few easy ways to get started (no cold calling, or attending huge functions where you don’t know anyone, required.)
By Hilary Mantis
As the year draws to a close, there is finally some good news. The legal sector showed some modest gains in November, adding 100 jobs, according to a recently released report from the Bureau of Labor Statistics. The seasonally adjusted figures for October also included a gain of 400 jobs in the legal sector, according to the BLS report.
BY Hillary Mantis
Banking, Health Care, Energy and Intellectual Property are “Red Hot” right now, according to the Robert Denney Associates Annual Market Report on the legal profession.
Also predicted to remain hot in 2012: White Collar Crime, Regulatory work, Financial Services, Cyber Crime, Labor & Employment law, and Immigration. Commercial Real Estate is also starting to get hot. Investors are buying individual loans and real estate owned (REO) properties taken back by the lender after a foreclosure, the report said.
By Hillary Mantis
Cravath Swaine & Moore just announced its end of the year bonuses. They will be keeping bonuses mainly at the same levels as 2010, according to a recent story in the Wall Street Journal. These bonuses are slightly higher than in 2009, but down quite a bit from 2007, the story said.
By Hillary Mantis
Just 68.4 percent of the Class of 2010 are working in jobs where bar passage is necessary, according to the National Association for Law Placement employment report. This is the lowest percentage since NALP starting collecting these statistics.
Does this mean that more law grads are actively seeking jobs outside of the legal field because they want to combine their J.D. with another career? Or are they seeking non legal jobs because of the economy?
I would guess it’s both.
The 2011-12 NALP Directory of Legal Employers has just been published, and the results are surprising. The representation of women declined slightly for the second year in a row, for only the second time since NALP started compiling this information in 1993.
By Hillary Mantis
New York is often named as the city that pays the top salary for associates starting out. Right now, it’s typically around $160,000 at the large corporate firms. But what that salary actually buys is lacking compared to lawyers in other cities, according to a new survey from the National Association for Legal Career Professionals (NALP).
An exclusive study of 16,799 partners at the nation’s largest law firms shows that almost 50 percent come from 20 schools and 75 percent from 50 schools. But 148 law schools have at least one partner. The study was conducted by Professor Ted Seto at Loyola Law School in Los Angeles and is published in the Journal of Legal Education