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Vault's weekly Career Update for tips and tools to help you find and manage your ideal career.

Insider Advice for Law Students and Laterals

by Rachel Marx Boufford | Published: Wednesday, May 22, 2013

Next month, Vault will release its annual Top 100 Law Firm rankings. Nearly 17,000 associates from across the country participated in our survey this year, rating their own firms on quality of life issues and rating other firms on their overall prestige as well as regional and practice area strengths. In addition to our usual questions about culture, associate/partner relations, training, pro bono and more, we asked associates for their advice to candidates evaluating their firm as a potential employer.[...] Read More >>

Can Good Lawyers Be Good Parents?

by Piyali Syam | Published: Tuesday, May 21, 2013

Are rainmaking and homemaking compatible endeavors or unlikely bedfellows? Approximately a quarter of the respondents (26%) of Vault’s first ever Working Parent Survey worked in law, and voiced their opinions on and experiences with hot-button topics relevant to working parents, including employer parental leave policies, flex-time, on-site child services, stay-at-home parenting, how accommodating their workplaces are to the needs of raising a family and if they would recommend their employers to[...] Read More >>

Is the Future of Professional Education Here?

by Phil Stott | Published: Monday, May 20, 2013

It's felt for a while like we're on the verge of a major step forward in how education is designed and delivered to students—and it seems like the MOOC (Massive Open Online Course) may well be the future we've been waiting for.   More specifically, Georgia Institute of Technology has partnered with Udacity, an online education platform, and AT&T to deliver a masters in computer science that will be available online for just $7,000—less than a fifth of the cost of taking the course on campus.[...] Read More >>

27 Interview Questions That Weed Out the Weak on Wall Street

by Derek Loosvelt | Published: Wednesday, May 15, 2013

If you're preparing to interview for a position in investment banking, sales and trading, or investment management, it's likely you've already practiced answering a host of interview questions, including: What are your strengths and weaknesses? Why do you want to work for this firm in particular? How do you value a company? Can you walk me through a DCF? Can you pitch me a stock I should buy? Can you tell me about a time when you worked on a team? Why are you interested in finance? What gets you[...] Read More >>

How to Win: Career Lessons from Soccer's Greatest Manager

by Phil Stott | Published: Tuesday, May 14, 2013

It's a mark of how much times and interests have changed that news of the retirement of Sir Alex Ferguson from the manager's job at Manchester United made it into mainstream U.S. media last week. At the start of his managerial career, Ferguson leaving a job would barely have created a stir in the neighboring town in his native Scotland, while the American audience for his version of "football" barely registered on the scale. But after a managerial career spanning more than three decades—and with[...] Read More >>

3 Things Millennials Know About Success That You Don't

by Cathy Vandewater | Published: Monday, May 13, 2013

Poor Millennials. It's bad enough that they're struggling with little job experience in a tough job market, but we're all beating them up for even trying. Those whippersnappers, we snipe, they think they're entitled to a job? They want feedback? They want to be paid for what they know how to do? But they probably learned it on the internet! That's hardly viable resource for learning! Still, you've got to hand it to them: Gen Y (usually defined as those individuals born between 1980 and 2000) are[...] Read More >>

Vault's Working Parent Survey: Do Women Even Want It All?

by Derek Loosvelt | Published: Thursday, May 09, 2013

Can women have it all? Do women want it all? What do women have to sacrifice to have it all? If women could do it all over again, would they stay at home after having children? Stay at their jobs? Work less? More? Are working mothers happy with their employers? Ticked off at them? If so, why? And what can and should employers do differently to accommodate working mothers?  These are just a few of the questions Vault aimed to address last month when surveying more than 1,000 professionals in our first[...] Read More >>

LinkedIn: The King of Social Recruiting

by Derek Loosvelt | Published: Tuesday, May 07, 2013

LinkedIn recently turned 10 years old. And the Mountain View, Calif.-based social network has much to celebrate. Founded in 2003, LinkedIn now has 225 million users worldwide, and its share price has nearly doubled since the firm’s 2011 IPO. Meanwhile, other highly anticipated social media IPOs have fared rather poorly. Facebook’s shares have fallen 40 percent since going public last year, and Zynga’s shares have fallen nearly 70 percent since going public at the end of 2011. Perhaps most important,[...] Read More >>

Stop Multitasking, Start Working

by Phil Stott | Published: Tuesday, May 07, 2013

A few years back, one of the resume buzz phrases du jour involved describing yourself with some variation of the following: "good/great/strong/effective multitasker." It had all the hallmarks of a great catchphrase—it sounded fresh and exciting, it conveyed a sense of its user as someone with their finger on the pulse, it had very few negative connotations, and it seemed to cover a lot of ground without actually saying anything at all. (Really: it can just as easily mean "capable of drinking coffee[...] Read More >>

Why Women Struggle With Networking: Lessons from NAPW

by Cathy Vandewater | Published: Monday, May 06, 2013

Many connections were being made at NAPW Spark: Ignite Your Network Conference, but, as Bonnie Marcus notes in her workshop on using networking to become "The Transforming Leader," many of those connections are made intuitively—not strategically. Women tend to make friends with people they like, she says, and getting other women to like them through sharing and relating. Bonds are forged over intimacies (exchanging embarrassing work stories over coffee or sharing dirt on coworkers at the bathroom[...] Read More >>

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