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My First Day As A Summer Associate At Vedder Price

Do you remember your first day on the new job?  I bet you probably went in not knowing anyone but hoping to impress everyone.  And it’s also likely you also felt like you were running around frantically trying to fill out paperwork or scrambling around on your way to meetings and training sessions, hoping you wouldn’t be late. We’ve definitely all been there before. But consider doing that now, in what’s considered one of the worst economies ever. Where the stakes are higher and the odds of getting an offer are statistically much lower? Sounds nerve wrecking right? I thought it did too. But fortunately I realized that most of that stuff does not apply here at Vedder Price, a mid-sized and full service law firm here in Chicago.

At long last, one year after first learning about the firm, more than eleven months after first reaching out, five months after submitting my official application, three months after I got the good word that they wanted to have me for the summer, and just a couple of weeks after my law school final exams ended, I finally made my way to downtown Chicago to start my first day as a summer associate, which technically was the Tuesday after Memorial Day weekend. And boy was my first day exciting!

Although my office is on the 26th floor (top floor), I spent most of my day switching between the other six floors in our downtown Chicago high rise building with views of the Chicago River.  I met with the recruiter I’d most recently been in touch with to say hello and chatted with another to get situated for the day. I talked with multiple people from HR and administration to learn about the business. I spoke various individuals from Accounting (went over the billable hours at law firms which is a whole new post for later), had discussions about professional development and learned the importance of compliance with the docket team. And I even met a former attorney now working in professional development. Turns out she is a friend and a former classmate of a really good friend of mine who works at Northwestern Law.

And after all of the back to back meetings with new people here at Vedder Price, I spent the latter half of the day in computer training, learning new things like our billing systems, firm directory (this is going to be extra useful this summer) and our email server.  And in the end, it was exactly the action-packed, training-focused first day I originally envisioned.

But despite an action-packed first day at work, mostly schmoozing and learning our new systems, I took off around 5:30pm that evening to hop on a flight to New York city for the second of my two conferences that week with MLT, which lasted the rest of the week. And six days later, after hours and hours of networking, fun, and meeting new people and employers, I headed back to Chicago for my second first day of work this past Monday.

I call it my second first day of work, because despite meeting lots of attorneys and learning some of the systems the week before, spending a week out of the office has a way of making you forget lots of things. So I spent the past Monday figuring out some of the same things I learned the week before – logging on to  my computer, tracking down passwords, reading the instructions on how to use my phone, meeting my secretary and firm mentors for the summer,  and last but not least reaching out to new people here at the firm, including a couple of Northwestern Law alum and another Kellogg JD-MBA alumni, class of 2009.

Monday definitely felt more chaotic than my original first day, in part because I felt a bit behind after being gone for the week but also because I’m making a point to meet lots of new people and take part in lunches with different attorneys at the firm in addition to everything else I’m doing.   The good news is that I tend to enjoy reaching out and meeting others, so despite being time consuming, it’s also been a lot of fun.  But even if I didn’t enjoy reaching out so much, everyone here at Vedder Price has made it pretty easy to  get to know people at the firm, so things would still be going well.  In fact,  on my first day here, I not only met a number of partners and senior partners, but I also had a good conversation with our firm’s chairman, Mr. Bob Stucker. In my case, though, I did reach out to many of them before ever stepping foot in the office, including Mr. Stucker, so it was an easy introduction when I dropped by his office.

In sum, my first day went well and my summer is definitely taking off!  Thanks to everyone at Vedder Price for ensuring my first few days have gone smoothly and for including me in pieces of their projects during my first week on the job. And I’m especially grateful for the latter considering that this summer will probably be a bit different from past ones when the economy was better and billable hours flowed like the Chicago river does during the summer.

It should be interesting to see how the summer turns out. Stay tuned !

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  1. June 15th, 2010 at 20:35 | #1

    @Orlando Orlando, thanks so much for your support. Indeed I definitely look forward to seeing you at the Jake this fall.

  2. Orlando
    June 15th, 2010 at 20:00 | #2

    Good luck this summer Jeremy! I’ll see you at the Jake in the fall.

  3. June 13th, 2010 at 17:05 | #3

    @cooper Hi Cooper, thanks for reading and thanks for commenting here on my site.

    You’re correct that Vedder Price does currently start its first year associates slightly below other firms. In fact, a number of firms reduced salaries in 2008 when the economy changed. And while some of them have responded to the improving economy by scaling salaries back up, others haven’t done that yet. That’s not only a result of uncertainty about the future prospects of law firms but also a result of timing, since most firms only change salaries at the end of their fiscal year. For many firms this is during the summer.

    But even if a firm decided not to adjust salaries up, I would still suggest that looking simply at the base salary for a first year associate is bit short-sighted. For one, the first year base for most new associates tends to be a fairly insignificant piece of the puzzle when you fast forward to senior associate or partner level compensation opportunities. Just like executives in Fortune 500 corporations make more than 50% of their comp in equity, senior lawyers in firms make a good portion of their money based on business development and on other firm metrics. This is especially important at Vedder Price where employees are rewarded higher than market for business development.

    Additionally, I think that newly minted attorneys should not only consider salary potential but also their longer term career path. This means choosing a firm that will best position them to attain their desired careers. Clearly for each person will be different, and for many people that firm happens to be Vedder Price. And finally, Vedder does have advantages that other firms may not have, given it’s size, culture, and specific practice areas. So in the end, I wouldn’t suggest that my readers rely to heavily on the first year salary without doing their due diligence on the firm and considering the full picture. On the other hand, though, I do recognize that some people do need to make money very quickly out of school, so for a select few, it would make sense if the cash pay is a factor.

    I hope this response helps. Please feel free to leave any “constructive” comments you have.

    Best,
    Jeremy

  4. cooper
    June 13th, 2010 at 15:17 | #4

    Vedder Price starts its associates a bit lower than the other firms.

  5. June 11th, 2010 at 10:56 | #5

    @John Thanks so much for reading John. And thanks for your support. Feel free to make comments on the posts along the way.

  6. John
    June 11th, 2010 at 10:54 | #6

    Congratulations Jeremy. I look forward to reading and to hearing more about your summer.

  1. June 19th, 2010 at 10:37 | #1

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