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by Vault Careers|July 29, 2014
The unemployment rate for recent college graduates is 8.8 percent,
according to the Economic Policy Institute, well above the national
average. Even though the economy has shown signs of life and job
creation is on the upswing, finding that first paid position is
going to be a challenge. It's in your interest to save as much
money as you can to ensure you have the time and resources
to devote to your job search after college graduation. Follow
these tips to help get you started: 1.
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by Gerald Buck|July 29, 2014
Congratulations on your recent graduation! It's now time to make
the transition from student to employee. All of that studying will
now be put into practice. It can be strange to spend two to four
years studying what you want to do for your career and now have to
use that degree to finally get to work in your chosen field.
Celebrate your graduation and get started right away on your job
search. Here's a little help on jumpstarting your post grad job
search.
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by Kaitlin Edleman|July 25, 2014
When discussing their career prospects, associates often note that
promotion depends on close relationships with the rainmaking or
other powerful partners. Although important, it can often be
difficult for minority and female associates to form the right type
of relationship with partners.
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by Nicole Weber|July 23, 2014
The declining law school application rate did not get any better
this year, according to The National Law Journal, which reported
that applications are down 37 percent since 2010. The decline
between this year and last was eight percent, following
double-digit declines in the prior two years. The NLJ quotes
University of North Carolina School of Law professor Alfred Brophy
as estimating that this year's entering class will be at 38,000,
the lowest since 1974.
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by Derek Loosvelt|July 23, 2014
Long before the subprime mortgage-backed securities hit the fan, a
handful of relatively small investment banking firms, often
referred to as boutiques, regularly competed with the likes of
Goldman Sachs and Morgan Stanley for talent. There was Stephen
Schwarzman's Blackstone Group, perhaps best known for its private
equity offerings, although for decades its advisory unit has been
well known for winning big deals and recruiting top-tier talent
from top-tier schools.
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by Kaitlin Edleman|July 22, 2014
It's the final countdown-the bar exam is one week away. Despite
reassurances from your mom that you're "definitely going to pass,"
the truth is…you might not. And. That's. Okay. Your friends won't
judge you, and no one will think less of you. Anyone who has had
the unfortunate pleasure to sit for a bar exam knows that the line
between passing and failing is as thin as a page in your Barbri
review book. The bar exam is hard, people are supposed to fail.
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by Vault Careers|July 21, 2014
There's no doubt about it-law school grads today are feeling the
student loan squeeze. A recent New America study showed that the
average law student leaves school with more than $140,000 in loans,
the second highest debt burden behind medical degrees. That's
up 63% from just 10 years ago, and translates to a typical monthly
payment of $1,611 (at a 10-year term and 6.8% interest rate).
Not an easy load to bear for a decade or sometimes more. Want
to be done with your loans sooner?
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by Vault Careers|July 17, 2014
If you were interviewing someone who couldn't make eye contact,
would you give them the job? Probably not. I got the same answer
from a colleague who works in Human Resources, who's had the power
to hire (or to say thanks but no thanks) to many hundreds of
applicants. Although poor eye contact might just be due to nerves
or shyness - and completely understandable in an interview
situation-it's something you need to tackle if you think it may be
holding you back.
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by Derek Loosvelt|July 15, 2014
The East Coast-West Coast rivalry continues.If you're looking
for work in the so-called STEM sector and judge jobs by their
salaries, Bloomberg has put together several nice charts that show
you where tech compensation has grown fastest since 2008. But if
you're not a visual person, here's what you need to know when it
comes to cash: Seattle > San Francisco > Washington, D.C.
> New York.
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by Nicole Weber|July 15, 2014
Today, Vault released its Law Firm Diversity Rankings for 2015 with
a brand new No. 1 firm for Best Overall Diversity and new firms
landing atop each individual diversity category. A firm's
commitment to diversity directly impacts employee satisfaction, but
also the bottom line.
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