Compensation

Top Lawyer Comp Exceptional

  • On July 5, 2023
Wall Street lawyers now often make more than bankers according to a recent article from WSJ: “Equity partners at top law firms can make around $3 million or more a year,” and top rainmaking partners make more than $15 million. Why are lawyers making so much on Wall Street? While banker pay has been stagnating, […]
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Job Search, LinkedIn, Networking

Great LinkedIn Feature for Networking: Alumni Tab!

  • On June 25, 2023
Insiders are invaluable during your job search. They can give you the scoop on trends the industry is facing, what key things their company is specifically looking for, and what kinds of people succeed there. Also, if an insider recommends you, you will certainly stand out in the pile of applicants. How can you find […]
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LinkedIn, Market

LinkedIn’s “Open to Work” Badge: Yes or No?

  • On June 18, 2023
On your LinkedIn profile, you can choose to display an Open to Work badge. And then you can choose whether everyone can view it or just recruiters. As a recruiter, does the badge influence whether I contact the person? Spoiler alert: no. I have never run a search selecting for people who are Open to […]
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Interview

Where in the Interview Order Is Best?

  • On June 17, 2023
If you are given a choice of interview dates, when should you pick? Try to go first or last if you are an on-point candidate. If you go first, you will set the standard, and everyone else will be judged against you. Also, if an interviewer has to reschedule, you will likely have more options […]
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Career Tips, Inhouse, Presentation

Advice NOT to Follow

  • On June 17, 2023
I see so much bad career advice. Here’s a tip by a Stanford Graduate School of Business professor that in-house lawyers should NOT follow: “If a meeting is wasting your time, leave.” He says he does this at least once a week when he’s not needed and the time could be better spent doing something […]
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Career Tips, Change, Market, Move, Timing

2 Helpful Resources for Job Seekers

  • On May 21, 2023
Helpful resources for job seekers in today’s market are Layoffs.fyi and its sister site Comprehensive.io. The NYT recently profiled the founder of both, Roger Lee, a San Francisco entrepreneur, for “catalog[uing] hundreds of thousands of tech job cuts.”  Interesting insights: The founder believes the industry will “100 percent” bounce back. I agree. I have lived […]
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Compensation, Market

Inflation! Should You Be Expecting a Raise This Year? Spoiler Alert: No (Unless You are Very Special)

  • On May 7, 2023
WSJ reports a disconnect on worker versus employer expectations on raises this year. A majority of workers expect a bump because of inflation and rising cost of living, while employers struggle to contain costs. What do I foresee for lawyers? They have already received big raises and bonuses (including off-cycle ones) 2021 and 2022 as “employers […]
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Change, Departure, Market

How Companies Decide Who Gets Cut

  • On April 30, 2023
In this time of layoffs, how do companies decide who has to go? WSJ reports that in the past companies often laid off the junior employees first. Now, however, these five factors guide who is laid off: Deprioritized skills Deprioritized business Pay (too high) Job performance (poor) Percentage of the company cuts (across the board) […]
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