Friday, March 11, 2011

foreclosure defense

On Monday evening, I watched my to start with, The Very last Phrase host Lawrence O’Donnell.
Though O’Donnell laudably tried using to focus the audience’s consideration onand hopefully last, Charlie Sheen trainwreck interview, courtesy of the tragic undertow that threatens to pull Sheen underneath for great, I used to be overtaken, not by the pulling around the thread, in addition to the voracious audience he serves. It did not make me sad, it produced me angry.

In terms of celebrities, we could be a heartless nation, basking within their misfortunes like nude sunbathers at Schadenfreude Beach. The impulse is understandable, to some diploma. It could be grating to listen to complaints from most people who benefit from privileges that the majority of us can’t even envision. When you can’t muster up some compassion for Charlie Sheen, who tends to make further cash to get a day’s deliver the results than the majority of us will make inside of a decade’s time, I guess I can not blame you.



With all the fast tempo of activities on the internet and also the advice revolution sparked by the World wide web, it’s really very easy for that technologies market place to believe that it’s one of a kind: perpetually breaking new ground and engaging in things that no person has ever before completed prior to.

But there can be other sorts of internet business which have already undergone several of the very same radical shifts, and have just as good a stake from the foreseeable future.

Take healthcare, for instance.

We normally think of it as a tremendous, lumbering beast, but in fact, medicine has undergone a series of revolutions inside the previous 200 a long time which are a minimum of equal to these we see in technology and info.

Less understandable, but nevertheless in the norms of human nature, is the impulse to rubberneck, to slow down and consider the carnage of Charlie spectacle of Sheen’s unraveling, but of your blithe interviewer Sheen’s life as we pass it in the most suitable lane of our everyday lives. To be sincere, it could be hard for folks to discern the big difference among a run-of-the-mill consideration whore, and an honest-to-goodness, circling the drain tragedy-to-be. On its very own merits, a quote like “I Am On a Drug. It is Described as Charlie Sheen” is sheer genius, and we cannot all be anticipated to take the total measure of someone’s everyday living just about every time we hear one thing amusing.

Rapid ahead to 2011 and I am seeking to check out means of currently being a little more business-like about my hobbies (largely music). Through the end of January I had manned up and commenced to advertise my weblogs. I had developed several numerous blogs, which were contributed to by close friends and colleagues. I promoted these actions thru Facebook and Twitter.


2nd: the tiny abomination the Gang of 5 about the Supream Court gave us a 12 months or so in the past (Citizens Inebriated) truly contains a little bit bouncing betty of its very own that could really perfectly go off within the faces of Govs Wanker, Sacitch, Krysty, and J.O. Daniels. Seeing as this ruling prolonged the idea of “personhood” to both equally companies and unions, to look at to deny them any right to run within the legal framework that they were organized beneath deprives these “persons” on the freedoms of speech, association and movement. Which implies (when once more, quoting law college trained family) that both the courts really need to uphold these rights for that unions (as particular person “persons” as assured through the Federal (and most state) constitutions, or they have to declare that these attempts at stripping or limiting union rights must utilize to major businesses, also.

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/> [style="text-decoration: underline;">Ed. note: This post is authored by Evan Jowers and Robert Kinney of Kinney Recruiting, sponsor of the Asia Chronicles. Kinney has made more placements of U.S. associates and partners in Asia than any other firm in the past four years. You can reach them by email: asia at kinneyrecruiting dot com.]

Evan here, writing from a lounge on a short layover at LAX. Robert and I just returned to the US this morning from another exhausting China trip (8+ meetings per day makes for early rises and late evenings), something we repeat about every other month. No surprise, but all indications on the ground, from meetings with various corporate / cap markets partners at top law firms in HK / China, we are still planted solidly in an economic and deal flow boom there.

We have been averaging about 2 US associate or counsel placements per week in Asia so far this year, a blistering pace that can’t continue quite frankly, but is an indicator of how hot the market is right now (see recent Asia Chronicles ATL posts for more details on this hiring boom or do a search at theasiachronicles.com for such info).

Just the fact that Robert and I can set up meetings on short notice with the leading corporate partners of top US and UK firms in HK / China (especially in a boom market where time is at a premium for such persons running multiple big deals on understaffed teams) is a major difference between Kinney and other recruiting firms trying to break into the increasingly hot US associate biglaw lateral hiring market in HK / China. Remember that just about every US and UK firm in HK / China are hiring US corporate associates at this time, so you should not settle for a recruiter / agent who simply is aware of openings and can provide a list of firms and can name a few partners there.id="more-61267">

Here are just a few glaring differences between Kinney and other recruiting firms offering services in HK / China markets:

-100+ references of US associates we have placed in HK / China recently, within a few years.

-Our top recruiters don’t only represent partners.

-We provide a long-term agent relationship, lasting years instead of weeks or months.

-Kinney Asia recruiters all split time in both Asia and US markets, thus are able to meet with US based associate candidate clients, meet with top US firm management regarding their Asia strategy, and of course meet with law firm partners and associate candidates in Asia.

We can provide over 100 references of US associates we have placed in HK / China in the past few years. Other recruiting firms can provide no more than a fraction of this number. No other recruiting firm has placed even one third of this number of US associates in HK / China in the past few years.

When a recruiter calls you about China opportunities, I suggest that you ask him / her exactly how many US associates they have placed in HK / China recently? And don’t just take their word for it, ask for references of these alleged placements and speak to (or at least email) at least 10 such persons before you give the recruiter your resume. Why is this important? Well, it is not possible to be fully informed and connected in a market if you are not making large numbers of placements there. Further, while it is always possible for a recruiter to make a few placements and have those persons think highly of them (who knows if higher numbers would be a very negative reference), 100+ references of US associates placed within a few years in a market is fail proof.

Why would you want to put your job search in the hands of a recruiter with just a few or even zero US associate placements in HK / China, verses a recruiter with dozens and more than 30 in the past year?

Our best recruiters work with associates and partner candidates, not just partners. Robert Kinney and I have had success in placing partners and groups in HK / China, but we still work directly with associate candidates, along with our other Asia team recruiters, Alexis Lamb, Yuliya Vinokurova, Danielle Cyr and Peter Guttensohn. I mention this because at most recruiting firms, the best recruiters focus on partners and pass on associate candidates to less experienced and less successful recruiters. Sure, partner placements are much more lucrative, but Robert and I thoroughly enjoy working with and acting as long-term advisors for US associates in Asia and we will not stop doing so. For example, I have made on average about 30 US associate placements per year in Asia, even though I am moving partners as well.

We provide a long-term agent relationship with our associate client candidates, not simply a quick job search and resume distribution service. At Kinney, our Asia focused team starts working with a number of our associate candidate clients months and even years before they are ready for an Asia job search, in some cases those relationships go all the way back to the candidate’s law school years (when we offer advice on which 2L summer spot to take, regarding China practices at particular firms). Of course we also place plenty of US associates who start job searches in Asia immediately upon being referred to us, but many are already long-term relationships when a job search starts. We have also placed numerous US associates a second time in Asia, whether in-house or another law firm after a few years at their first firm in Asia.

Keep in mind that even if you are ready to start an Asia job search right away, even in this hot lateral market it can be a long process for some very qualified candidates. You can’t afford to entrust your job search and representation at various firms to a recruiter who simply emails your resume and hopes for the best. Robert and I, along with our other Asia recruiters, are personally involved in advocating for our candidates over the long-term, if need be. We are close with the relevant partners and can bring up your candidacy in person or by phone whenever it is appropriate to do so. It is not simply a case of emailing a resume and hoping for the best, with only being able to provide administrative services of coordinating interviews. It is quite shocking but that is all you are going to get from the vast majority of recruiters out there, despite what their 10 to 20 minute sales pitch may be upon meeting you.

Don’t lose sight of the fact that once you are submitted to a firm by a recruiter that recruiter unfortunately “owns” your candidacy at such firm for 6 months or more, causing most recruiters to focus on simply being able to make the submission, rather than provide a service.

Our Asia recruiters are on the ground in Asia and US, and all of our Asia team spends time in our New York and Hong Kong offices. It is not uncommon for a NYC based associate to call Kinney to start a job search and within a week both meet a Kinney Asia recruiter in NYC and for that same Kinney recruiter to be advocating for them on the ground in Asia, meeting in person with relevant partners in Asia on their behalf. No other recruiting firm can offer this because quite simply, we travel more than others do and happen to have offices in both US and Asia. We make it a point, for example, to have at least one recruiter on the ground in Hong Kong, 365 days a year.

The Kinney difference is more than just what has been briefly outlined above. Feel free to reach out to us any time at asia@kinneyrecruiting.com for more info.


Last week it was Bullard, Lacker and Kohn throwing the spin around and today it was Dudley with a notable assist from Buffett. And, since it was month-end, headline writers got the green close they wanted with the third month of gains.  Kohn’s comments last week were incoherent overall while Dudley’s TV appearance consisted of misleading BS with comments like, “The Fed is keeping its mandate” and, “It’s unwise to overreact to rising commodity prices.”



Overreact?  I don't see anyone reacting, other than speculators who are BUYBUYBUYing more and more commodities as the prices rise.  In fact, as of February 22nd, Hedge Funds had taken the largest speculative net long position on oil futures since June 2006, according to the Commodity Futures Trading Commission's weekly Commitments of Traders report.  "Money managers are looking and seeing the Middle East situation is far from resolved," said Carl Larry, president of Oil Outlooks & Opinions in Houston. "The upside is unlimited, depending on how bad things get."    


Of course I mean no one in THIS country is reacting.  In more thoughtful nations, people are rioting. Although, did you know there are more people protesting in Madison, Wisconsin this week than in Tripoli, Libya?  No, you wouldn't know that because that's not the way the Corporate Media in this country reports things, is it? To be fair, in Libya, the Government is threatening the protesters with guns while Governor Walker is only threatening to fire the protesters in Wisconsin.  Makes you kind of proud we live in a Democracy, doesn't it?  


Bad news that will be ignored this morning includes a 0.5% drop in ICSC Retail Store Sales (those pesky small businesses), who are losing consumer discretionary dollars to energy producing companies - like Koch Industries!  Chinese PMI fell again in February but still an expansionist 52.2 but a separate HSBC survey shows a more significant drop to 51.7, a 7 month low. I apologize for the link there to the Liberal rag-sheet NY Times but the WSJ apparently has no idea Chinese PMI went lower as their headline on the same subject is "Asian Factory Data Show Growth Intact."  I must say I am proud to live in a country where we are free to choose the facts we want to hear from such a wide variety of media outlets.  Imagine how dull it would be if there was just one truth and we all read the same thing...


Ben Bernanke addresses Congress today and tomorrow and those people will hear the same thing and draw completely different conclusions from it but we're playing the Dollar bullish as other countries are loosening their money to keep up with us and I do believe there will be enough anti-Fed noise made this week that QE3 begins to be called into question.  Of course, it's budget showdown week as well and, as Paul Krugman points out: "While low spending may sound good in the abstract, what it amounts to in practice is low spending on children, who account directly or indirectly for a large part of government outlays at the state and local level."  Krugman points to the "Texas Miracle" and it's not-so-miraculous aftermath:  




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