Saturday, December 29, 2007

Mentoring, Collegiality Key to Making Partner


Check out this article in the Complete Lawyer -- Navigate the Bridges to Partnership by Paula Patton -- based upon a recent NALP study. Excerpt from that article on the importance of mentoring to career advancement below.

Associates who made partner were often mentored by the firm’s partners, with 73% of respondents reporting that they “always” or "almost always” had this relationship as associates.

The respondents who had been named equity partners were much more likely than those named non-equity partners to report mentoring by partners (84% compared to 63%).


Virtually all of the respondents reported receiving challenging work assignments on a regular basis (98%), but equity partners were much more likely to report that they “always” received such work than were non-equity partners (61% compared to 39%). Females were more likely than males to report that they “always” or “almost always” received frequent feedback on their work (57% and 44% respectively).


Respondents reported generally positive relationships and levels of collegiality with both associates and partners. Males and equity partners were most likely to report that relationships with their peer associates were “always” highly collegial. Males and females reported little if any difference in their relationships with partners, with more than three-quarters of each group reporting that these relationships were “always” or “almost always” highly collegial.

Saturday, December 15, 2007

Cravath in '52: No Women, No Nonsense, No Personality, Just Work


If any young professional women would like a refresher course on the barriers to employment their grandmothers (or great-grandmothers!) faced, take a walk down memory lane at Law.com with Charles Reich as he Recalls Law Firm Life of Yesteryear . . . the year I was born -- 1952.
By 1952, the "second wave" women's movement was less than 20 years in the future. Reading this makes you wonder what took us so long.
Photo links to archived 1952 article on Spring hats. This would have been a distraction to the members of the Cravath boy's club of '52?
And before we give you your nostalgic view of class and privilege in mid-century America, let us not forget that, among the lawyers at any rate, there were also no Italians, no Catholics, no Jews, no African-Americans, no Puerto Ricans or Latinos of any national origin, no (out) gay men, and, no deaf or blind or physically challenged men of any color, religion or ethnicity.
Hence, the privileges bestowed upon the members of the club, who simply took them for granted or, worse, as quite rightly their own.

[T]here were only men at the Cravath of 1952. No women lawyers, no women secretaries or stenographers, no women in any capacity at all were allowed in the hallways of Cravath, Swaine & Moore.

"We are a place of business," it was explained to me. Ladies would be a "distraction."

Even the messengers, who carried documents from one office to another and sharpened our stacks of pencils every morning, were elderly men in gray office jackets, reputedly recruited from among the ranks of retired runners at the exchange. If I needed to dictate, a buzz quickly brought a male "steno" who was older than I was. There was a special midnight shift of stenos who would have any late-night work freshly typed and ready on a partner's desk first thing in the morning.

"Women wouldn't be safe in downtown New York during these night hours," it was explained.

In 1952 Harvard Law School did not accept women as students. Only a tiny percentage of the students at Yale Law School were women. When, as a third-year student at Yale, I was interviewed by a series of New York firms, I never met a woman lawyer. You must wonder why this was so. I can only speculate.

Obviously, male bigotry played a major role. But I think something else was involved -- an attempt to protect certain values that mattered greatly to the practitioners of that time. They wanted a workplace free of the messiness of male-female relations. They liked to say, "Yes, sir," and "No, sir," and be done with it. Women might bring distractions: flirtations, gossip, dating. No more male bonding.

Wednesday, December 12, 2007

Welcome to the Blawgosphere Making the Jump


We're happy to see that friends Stephanie West Allen (idealawg) and Kevin O'Keefe (LexBlog) have inspired yet another newcomer to the Blawgosphere, Karen Eton of the new Making the Jump Blog.

PWNSC member and Career Coach Margalit Ward and I were just talking the other day about why so many women find the practice of law limiting. Then at last night's monthly PWNSC meeting, Business Development & Marketing Consultant Renée Barrett was talking about the benefit of "weak ties" in our social networks for job hunting and career change.
All of these threads came together today when I stumbled over Karen's post Renaissance Souls and Career Change -- how Stephanie has enriched my own life; how I wanted give Margalit an idea of how difficult it sometimes is for women to find career satisfaction in the law and how the "weak links" that bring me full circle to Karen Eton close the circle of one network (of ADR and work-life balance bloggers) and open another (of career coaches).

Herewith, an excerpt from and link to Karen's post Renaissance Souls and Career Change:

. . . prior to starting this blog, I . . . read[] one that has particularly inspired me . . . Stephanie West Allen’s idealawg. I was sifting through some of her archives when I came across her very first post about Renaissance Souls by Margaret Lobenstine.

In the first chapter of her book (PDF offered free on her website), author Margaret Lobenstine states: Renaissance Souls, then, are people whose preference is for variety over concentration; whose process involves widening their options rather than narrowing their choices as they go with their energy flow, and whose success involves moving on to something different rather than going on and doing more of
the same. Renaissance Souls are not required to be geniuses, do not necessarily
have disorders such as ADD, and are not doomed to a life of poverty or economic
insecurity
.

My clients and workshop participants always smile knowingly when we get to this
summary. They easily relate to the three characteristics identified. They are also relieved that the way they naturally go through life is healthy, not dysfunctional, and does not require them to be geniuses to be successful.

I can see why Renaissance souls do not do well in the law. Traditional law practice seems to require associates to pick a practice area and steadily move up the ladder toward partnership. Also, the way law itself is designed, specialists are rewarded over generalists. Stephanie West Allen does identify some Renaissance Souls who have stuck with the law - it would be interesting to see how they’ve managed to succeed at this.

For the remainder of the post, click here. And for the address of at least one renaissance soul who "stuck with the law" for 25 years, Karen and her clients can check out my Negotiation Law Blog here.

Should I Jump Now? . . . . now? . . . nOw? . . .


Check out Pamela Slim's post How to Know When to Quit Your Day Job from her excellent blog Escape from Cubicle Nation. Excerpt below.



How do you know when is the right time to quit your day job?


As the saying goes, if I had a nickel for every time someone asked me "When
is the right time to leave my day job?", I would be rich.


Just the other day, I received the following email: "Can you recommend a good
strategy for leaving the "cube nation" when there are limited job opportunities
should you fail at your own business? Is there a formula to determine if you
should stay at your day job? This is my situation and I know there are others
who feel the same way. . . .



For the remainder of this great post, click here.


Friday, December 7, 2007

Top 50 Women Business Owners Rock


PINK is the new blue.
Member Margalit Ward of Creative Coaching sends along this encouraging item from Pink Magazine on Top Women Business Owners
With revenues from $120 million to $7 billion, America's leading women business owners are giving the big boys a run for their money.
Read the rest of Joanne Cleaver's article on those top women "who inherited family businesses to those who've built them from scratch" here.

And while you're at it, check out "Pink T.V." or click on the image at left to get your first free issue of PINK!

Thursday, December 6, 2007

Women Board Members Improve Company Performance


Well, I guess God's brainstorm to make half the world women wasn't so bad after all.
Ronda Muir reports in her Legal Management Blog Law People that Women Board Members Are Where The Money Is. Excerpt below.
In a report released October 1st, Catalyst, a New York consultancy, found that Fortune 500 companies with at least three women on their boards strongly outperformed those companies with fewer or no women. Based on a study of four years of corporate results, the correlation was found to be so direct that the more women who serve on a board, the better the bottom line.

The companies with the highest percentage of women on their boards had equity returns 53% higher, returns on sales 42% higher and returns on invested capital at least 66% higher than those companies with the least number of women board members. Higher returns kicked in once at least three women served on the corporation’s board, the study found, with companies having only three women
board members raising each of those returns an average of 5% over corporations
with fewer women.

Why?
You're going to have to read Ms. Muir's blog entry to find out. Here.

Sunday, December 2, 2007

Dream Think Act Teaches How to Succeed without Being a Man