Friday, May 01, 2009

The End . . .

. . . Of the cushy-law student summer internship? Forbes magazine thinks so. Here's the article - may be of interest to some:

The summer job of a second-year law student has traditionally been one of the cushiest around. The associates hired by corporate firms for the season between their second and third years of law school could depend on being wined and dined at the fanciest restaurants, taken to concerts and ballgames and invited to schmooze with partners at lavish cocktail parties. Many days, the hardest part of the job would be choosing what five-star restaurant to go to for lunch.

All this at the salary of a first-year attorney, the equivalent of more than $100,000 a year.

This was always done in the name of wooing top-performing law students to say yes to the job offer they were almost sure to receive at the end of the summer. The top law firms competed so hard to land the best and the brightest that they'd pull stunts like renting out Fenway Park so attorneys and summer associates could play a friendly game of baseball. That's an actual annual event at the Boston firm Ropes & Gray.

This summer will look very different. More than 2,200 attorneys have been laid off since last fall. Some firms are asking their lawyers to take pay cuts while doing pro bono work for a year instead of coming into the office. The lavish life of the summer associate is a thing of the past--at least for now.

Read more.

When we worked at Legal Aid last summer they had really nice free coffee and cocoa. Hopefully, they won't cut back on that. In related news, the Hiring Partner Advice Blog has, well, advice for new summer associates, which is fairly useful and answers some specific questions (i.e. "what should I wear / bring to work on the first day", etc.)

6 comments:

Anonymous said...

12(f): just wondering, what are you doing for this summer? I think many readers would like to know if you're going the firm route or public interest/government route. Because you seem ever-so-eager to announce negative news about the "end of an era" or layoffs or salary cuts. We get it, it's called a recession. But it would be rather pathetic if your motive is to make yourself feel better about your own choices.

Rule 12 (f) said...

First, I'm not eager to announce it at all. And I don't think there's too much focus on that sort of thing unless it directly relates to UVA students, but that's just our (speaking collectively on behalf of all the other writers, not the usual editorial we) take. Sometimes, though, something interesting pops up that hasn't yet been scooped by ATL or WSJ, and so we'll throw it up there. While this article was kind of just fodder / an after thought, if you go back to the coverage on exploding offers and abiding by the NALP rules, etc, my take is that it there was a useful news service being performed there. Or the analysis of prescreening, et cetra.

Second, for the record, I will be at a firm this summer. Worked in public interest last summer. Won't say more than that on this blog, but as I said in earlier comments it's not really anonymous (I've always provided my contact information to someone who emails me, many people know who I am, and, for better or worse, I don't post anything up here objectionable). On a related note, that I will be at a firm will likely end my involvement with UVA Law Blog for fairly obvious reasons . . . (but keep reading, we've got big plans for the coming year).

Sorry for the long, hastily written post likely full of typos.

Anonymous said...

law students be sippin on that haterade

Anonymous said...

I didn't think there was anything wrong with this post, and I've never noticed a firm bias on here. Besides, what would be wrong with that anyway? The vast majority of UVa students go on to private practice. Somebody is trolling on this blog with an immature agenda.

Anonymous said...

What we know about the troll:

1. Working at a firm this summer (or had an offer rescinded).

2. Drives a car to school.

Anonymous said...

we also know that:

(3) they are a tool
(4) they wake up before noon
(5) they wish they had a ballin' cross over like 12(f) and
(6) have self esteem issues