A Step-by-Step Guide to Filing Your First Taxes - TheJobNetwork

A Step-by-Step Guide to Filing Your First Taxes - TheJobNetworkTax time can be super overwhelming. How can you possibly figure out what you need to do and somehow manage to pull it off without melting into a pile of despair (or committing some kind of inadvertent fraud?). Its actually fairly simple. Here, well lay out the basic steps so you can file without fear youre missing something important. googletag.cmd.push(function() googletag.display(div-gpt-ad-1467144145037-0) ) 1. Get organized.This is really half the battle. The IRS is all about documents. Once you receive your W2 from your workplace, or your 1099-MISC if youve worked as an independent contractor, be sure to store it somewhere safe and easily accessible. If you get other statements, like savings account interest, student loan interest, or investment income summaries, put those in the saatkorn safe place. You might also have a proof of health insurance or records of contributions to an IRA to add to your pile.2. Determin e if you need to file, and and how.If youre a U.S. citizen and you meet the IRSs filing requirements for income, then yes, you do need to file. Then youll want to figure out what your filing status is. Will you be filing jointly with your spouse or separately? Can you count as head of household? Are you a dependent on someone elses return? Can you claim dependents of your own?3. Ask for help early.If youre at all confused with these early stages, get someone to helpa parent, or a mentor, or a professional. They can help you figure out based on your particulars which form you need to file or whether you are eligible to file electronically.4. Pick a medium.Decide whether you will carry through on your owneither on paper or electronically, alone or with the aid of a software program or professional. If you made less than $52k last year, you qualify to receive free tax help with the Volunteer Income Tax Assistance (VITA) Program. Check out TaxACT, TurboTax, eSmart Tax, etc. to get a sen se of what they can do for you.5. Deduct expenses.Youll have to figure out whether its best for you to itemize your deductions or claim the voreingestellt deductible. But either way, make sure you dont leave any stone unturned in this department. Write off state and local sales taxes, student loan interest payments, child care credits, job search expenses, charitable contributions, and things like the Earned Income credit.6. Get it done.Dont procrastinate. Its best not to rush, so make sure youve left yourself plenty of time before April 15to get this done right.7. Check your math.If you did it all on your own, make sure to have someone you trust to look over your tax returns before filing. It may even be possible to have a tax attorney do this for you for free.Good luck, and we hope for many happy returns in your future

How To Write A Business Plan

How To Write A Business Plan Learning how to write a geschftlicher umgang plan can seem like alabor-intensiveprerequisite to doing real work. When I started my consulting firm Stellia Labs, I was so eager to get started on client engagements, that sitting down to pound out a long Word document felt restraining. I already knew my target market and revenue goal, so what was the point? At least thats what I figured, until I read in Inc. that 60% of companies without a geschftlicher umgang plan fail.Before I sing the praises of geschftsleben plans, its worth noting that early-stage geschftlicher umganges do benefit from some on-the-ground testing before formalizing a document. As SunRun CEO Lynn Jurich wrote for the Sequoia Capital blog, Starting a company is a big step, so its understandable that you would want to make aya you have the perfect business plan in distributionspolitik before you start. But thats wasting time Just get out in the field and refine the plan as you learn mora ab out the problem youre trying to solve.In other words, step zero in learning how to write a business plan is speaking to people who fit your target marketand gauging their reactions to your products/tafelgeschirrs. AFter you validate your idea, youll be able to use your business plan to refine your offerings and build solid revenue projections. Instead of a loose imagination document, your business plan will become the distributionspolitik where you can stress-test your hypotheses through further research and calculations.I happened to have as much fun writing my business plan as I did building my business. Thats not to say the process was a breeze. A lot of the resources I used posed vague questions about my company that I had no idea how to answer. In this article, I do my best to give concrete suggestions about where to find the numbers you need, and how to fit the pieces of your business together. I think the best way to learn is through example, so Im going to use a pretend comp any called Female Tech Connectors to illustrate exactly what to do in each section1. Executive SummaryThe executive summary is where you boil down the complexity of your business plan into high-level takeaways. One glance at your executive summary, and readers will understand the basics of your company. Typically, the executive summary will follow this basic structure and extend for 1 pageThe problemStart with 1-2 compelling statistics about the problem youre trying to solve, and the opportunity that exists if you solve it. For instance, Female Tech Connectors might start with some numbers that prove the gender gemeinsame agrarpolitik in techOnly 3% of the 1.4 million tech jobs created by 2020 will be filled by women, even though women accounted for 18% of computer science degree holders in 2014. Tech companies have a serious problem in recruiting women engineers. This means that theyre missing out on potential financial upside, as well. Gender diverse companies outperform competito rs by 15%.The solutionGo on to describe how your company will solve this problem and benefit your customers. For instanceBy connecting women engineers to high-growth tech companies through patented matching software, Female Tech Connectors will help businesses diversify their teams to boost performance, and help women find employment at companies that care about diversity in tech.Why now?Give some compelling reasons whynowis the moment to start your business. If youve already started, why is now the moment to pivot or scale? Is your industry undergoing a seismic shift that youre looking to capitalize on? Have you discovered an underserved market? Are you going to be the first entrant in a new field? Female Tech Connectors might write about how diversity in tech has captured unprecedented media attention this year, and that they want their launch to ride the publicity wave.Goals ObjectivesWhere do you want your business to be in one year, three years, five years? How are you going t o get there? A sample goal for Female Tech Connectors might be developing a reputation as the 1 recruiting service for women in tech. To achieve this goal, their objectives could be to 1) sustain a 90% match rate of candidates to jobs 2) secure 3 major name-brand hiring tech companies to attract more candidates and 3) focus on referrals as a business development tool.Market OverviewBriefly describe your market, including the market size in dollars and your target customer profile. Female Tech Connectors might sayThe recruiting market is worth $X million, and tech recruiting comprises Y% of that market. There are currently Z million women engineers, and we will be targeting the X,000 women between ages 25-34, focusing on New York City and the Bay Area.(More on how to calculate these numbers in the Market Analysis section.)Even though the executive summary comes first in a business plan, many entrepreneurs write it after they have completed the rest of the document and can quickly sum marize. I recommend going ahead and write a rough draft before you dive into the rest of your business plan. Then, once your document is polished, you can revise and incorporate any new findings.2. Company DescriptionAt first glance, this section can seem repetitive with the executive summary. The difference is that here, you hone in on your business values and vision (through a mission statement), and give the nitty-gritties on your company history.Mission StatementYoull need a mission to keep propelling you forward when the goings get tough, and to rally future employees around your work. That means putting a lot of thought into why your company exists, what you envision accomplishing, and how you will influence your market. For Female Tech Connectors, that why might be Our mission is to end the gender gap in tech by becoming the 1 recruiting company for women engineers.Company HistoryHere you can add information about your company structure. This would include the legal status of your business, equity splits, the location of your headquarters, and so on. Female Tech Connectors could explain that their team is currently comprised of two co-founders and one software engineer, plus a freelance virtual assistant. They could give their company address in New York, and specify that theyre currently doing business as an LLC but plan to become a B-Corp.3. Market AnalysisThis is where you dig into your opportunity size. Where will your customers come from, how many of them are there, and how much money can you earn by providing them with your product or service? I find it helpful to break down the market analysis into subsectionsWho are your target customers?Your customers are the basis of your business. For your business to succeed, youll need to be able to sell, and selling requires understanding your buyers. A good way to analyze your target customers is by defining their demographic, geographic, and psychographic profileDemographic Gender, age, income bracket, p rofession, etc.GeographicLocation and platzsettingPsychographicMindset, pain points, fears, dreamsFemale Tech Connectors is a more complicated, because theyre targeting two separate markets 1) the women engineers who will form their candidate pool, and 2) the tech companies that will hire them. So they might describe their first target market as 25-34 year-old women engineers who currently make $75k+ annually, live in New York or San Francisco, feel frustrated by the lack of opportunities in their current role, and dream of working at a tech company that invests in their career growth.Their second target market could beTech companies on both coasts making $50+ million in revenue, that are having trouble connecting to talented women and are afraid of negative press about badeanstalt diversity statistics.Of course, this will all be based on solid research -- not on the founders whims about who they think theyll be targeting.What is the market size in terms of consumers?One crucial num ber for your business is the size of your target market. How many people exist who fit your ideal customer profile? Knowing this number will help you evaluate whether your business is sustainable. If only one tech company meets Female Tech Connectors requirements, theyre in trouble. If 500 tech firms fit the bill, they have a viable business.The Bureau of Labor Statistics and the U.S. Census can be valuable tools for sizing a consumer market. If Female Tech Connectors wanted to know how many 25-34 year-old women lived in NYC or SF and made $75k+, theyd be able to found out through those websites. If they wanted to drill down further, and figure out how many of these women work in tech, and how many are frustrated with their current jobs, they might look for recent statistics from aggregators like Statista or eMarketer. Articles in industry journals like Techcrunch and Recode might also share recent findings about women in tech.If youre thinking that its nearly impossible to calculat e a definitive market size, youre right. Market sizing isnt a science. It usually requires some smart triangulation. One website might tell you that 15% of women in tech express frustration with their jobs another source claim you that number is 40%. Dont be afraid to use a range for your market size, but make sure all sources are recent (ideally published within the last year) and reputable (from a research organization, as opposed to a random blog).What is the market size in terms of dollars?You already know how many customers are in your market, but how much money is there? If youre creating a business in clear-cut sectors like finance or travel, youll be able to find a lot of public information on market size. If your industry is more private, you might have to get creative. If Female Tech Connectors had trouble sizing the tech recruiting market, they could triangulate by researching the salary of the typical engineer, the number of engineers hired per year, and the average perc ent cut that a recruiting company takes out of that salary. If the average engineer made $100,000, and 50,000 engineers got hired per year through recruiters, and recruiters took a 5% cut, then there would be (50,000 engineers * $100,000 salary * 5% cut) = $250 million total in the part of the market Female Tech Connectors wants to tap. If they think they can match 1,000 of those 50,000 engineers, then they would stand to make (1,000 engineers * $100,000 salary * 5% cut) = $5,000,000. Its not a perfect calculation, but a reasonable estimate is better than no estimate at all.Its also important to determine the growth potential for your market. Is your industry growing year-over-year? Is it worth more in 2017 than in 20166? How quickly did it expand from 2010 to 2016? These numbers are useful mainly because you can extrapolate to calculate your markets future growth. For instance, if tech recruiting has grown by 3% each year since 2010, Female Tech Connectors would know that theyre en tering the market at a time of expansion.Who are your competitors? What are their strengths and weaknesses? What is your competitive advantage?Female Tech Connectors would consider competitors along several dimensions. Other recruiting firms, internal HR departments, and women in tech organizations with job boards are some categories they might consider. Its generally helpful to include key performance indicators (revenue, number of employees, market share) for your competitive set. These numbers, along with qualitative research, will help you evaluate your competitors strengths and weaknesses.In this section, you can also elaborate on your companys unique value proposition. How and why is your solution better? Is it higher quality? More cost-effective? More convenient? Female Tech Connectors could emphasize their patented matching software as a technological advantage. They might also highlight that they plan to match candidates within 4 weeks, a short time span that suits fast-mov ing tech companies.4. Products or ServicesThis section describes in detail what your business will offer. Female Tech Connectors would talk about their recruiting software and packaged offerings, such as subscription plans (e.g. $19.95 per month to browse jobs) or matching fees (5% of a hired candidates salary). They might plan to expand these offerings within the next 6-12 months to include more subscription tiers, and an annual membership option, and so on. This would be the place to discuss those plan.5. Marketing PlanNow that youve fleshed out your target market, competitive set, and value proposition, youll want to detail your plan for exactly how to reach your ideal consumers. Marketing generally fits into major pillars, including public relations, advertising, events, and content. In this section, I suggest being strategic as well as tactical -- meaning, name the absatzwirtschaft areas where youll focus, and explain why. Then you can get more granular about how many events yo ull hold in a month, and so on. Female Tech Connectors could reiterate that their business will grow by tapping into recent press on the gender gap in tech, and by building strong relationships with candidates and companies. Tactically speaking, their marketing plan might includeEvents and partnershipsWorking with organizations like Tech Ladies and Flytechnista on joint networking events, while also participating in conferences and recruiting fairs that feature major tech companies with lots of open positionsContent strategyInterviewing strong engineer candidates to feature on the Female Tech Connectors blogPRPress in industry publications like TechCrunch and Recode6. Operations PlanOperations, of course, depend on your company and industry. If youre manufacturing a product, youll have a lot more ground to cover in this section than someone who is building out a marketing agency. Female Tech Connectors would want to describe the process of working with candidates and matching them w ith open roles at tech companies. Who will be the candidates point-person throughout the process? Will the hiring company have the same point-person? How many interviews will take place? What insures against tech companies pulling their offers or candidates turning down offers at the last minute? What are the terms of invoicing and payment processing? All of this fits the operations scope.7. FinancialsYour financial projections should answer three major questions how much revenue do you expect to generate, how much profit will you make, and how long is your timespan for generating revenue before you run out of money?For the sake of brevity, Im going to condense the financial section, but please note that strong business plans include actual financial statements an income statement, a balance sheet, and a cash flow statement. There is often abreak-even analysis, as well. If youre unfamiliar with accounting, I would absolutely recommend these two booksFinancial IntelligenceandHow to R ead a Financial Report. Both books walk you through the basics of building financial statements. There are also some great online resources that you can find for free onThe Balance,Above the Glass, andInvestopedia. For now, heres the bare bones of the information you needRevenueTo figure out your revenue, you can pull in your market size numbers from section 3. If Female Tech Connectors plans to match 3 candidates to tech companies every month, each at a salary of $100,000 with a 5% recruiting cut, then their revenue for each would be (3 candidates * $100,000 salary * 5% cut) = $15,000. Annually, that would be ($15,000/month * 12 months) = $180,000 per year.Expenses ProfitFemale Tech Connectors would have to determine whether this number could pay for their expenses, such as their office space, co-founder and employee salaries, software development, and marketing/sales costs. If all this costs less than $15,000 per month, theyre in the green and will soon be making a profit (which, simply put, is revenue - expenses). Of course, theyd need a cash flow statement to illustrate that they wouldhavethis $15,000 in cash before their bills were actually due. If it turns out that there total costs add up to to more than $15,000 per month, and/or that they wont have cash in time to pay, theyll need to revisit their revenue projections and figure out how long they have to boost their revenue before running out of moneyRunwayAssuming their expenses are initially higher than their revenue, Female Tech Connectors should calculate how much time they have before their business runs out of money. They might have 8 months to fully develop their software and start matching candidates. If they believe they need more time than 8 months, they can adjust some of their levers from the revenue and expense calculations. Can they set more aggressive candidate matching goals, like 5 per month? Can they take a higher 7% cut? Can they cut down on their office space expenses?8. Management PersonnelFinally, who is going to do the massive amount of work that youve just outlined? Here youll elaborate on your team and their qualifications. You can include co-founders, developers, freelance hires, assistants, and so on. Female Tech Connectors would profile their co-founders, listing out that, for instance, they have 10+ years of experience as engineers, and that one of them went to business school or spent a few years in human resources. You can also include how your business plans to hire more talent.More questions about business plans and beyond?I know from experience that writing a business plan means grappling with a lot of moving pieces, and often second-guessing your original vision for your business. Helping women succeed as entrepreneurs means a lot to me, and If youre left with questions, Im always happy to chat. You can email me at stephaniestellia.co to set up a 15-minute call, or browse further resources on my blog Writing on Glass.--About the Author Stephani e Newman writes about feminism atWriting on Glass and publishes aweekly newsletter on how to advancegender equality. She also founded the creative consultancyStellia Labs,whichhelps entrepreneurs build growth-focused content strategies.

Brief Article Teaches You the Ins and Outs of Key Skills Resume and What You Should Do Today

Brief Article Teaches You the Ins and Outs of Key Skills Resume and What You Should Do Today If You Read Nothing Else Today, Read This Report on Key Skills Resume First and predominant, its vital to demonstrate your efforts will help the organisation streamline procedures and cut back on expenses. It is essential that you work out the important phases of your typical calls, and that you use the training session to enhance the technique at every stage. Make sure that your reps are prepared to sell, and have all the sales skills they will need to be a thriving ISR. Nevertheless, the fundamental abilities and knowledge necessary to develop proficiency in customer tafelgeschirr needs to be found in the training courses syllabus or course outline. The Key Skills Resume Trap If you arent particular which skills you want to speak about, think about your prior encounters. You just calmly utilize negotiation abilities. As stated earlier, assessing soft skills is much more difficult . Effective communication skills will likely be beneficial through the interview procedure and in your career generally. By way of knowledge your personal professional dreams, and creating a process, you may drastically enhance your odds of finding the job that you desire. So if youre trying to receive a job (not just any job, but the job which you want), dont forget to do things right and learn to make an outstanding resume. Hard skills can be classified in an assortment of ways, depending upon your work title. The important thing is making certain the perfect people with the correct approval power are bought into the process as the sale progresses. You have to understand that the majority of the hiring managers in American businesses do not understand military jargon. A degree associated with the company or industry where the candidate is seeking job will be a benefit. The career of administrative assistants is one of the biggest occupations in the usa economy and offers maximum security and excellent earning potential. Its great to acquire selling skills where you are able to write new policies on new clients consistently. The Number One Question You Must Ask for Key Skills Resume An administrative assistant is an individual with perhaps the widest array of functions at work of an organization. If youve included a skill, its also advisable to add relevant info in your work experience to back this up. When it has to do with your experience, write about the latest experiences first. Its possible to also emphasize your professional knowledge in connection with it. Especially in the event the client has internet knowledge on the best way to receive a complaint article posted right underneath the agents internet website. The majority of the times, manager resume contains the subsequent headings and your contact details at the very top. Resumes are just a site long ( if you dont have lots of several years of experience in a particular field), and space is at a premium. Ability to Be Objective To make sure that your resume has the very best gunst der stunde of being successful, you need to have the ability to consider the information on the webpage in a totally objective fashion, which can be difficult to do.

The Meaning of Education Resume

The Meaning of Education Resume Facts, Fiction and Education Resume Just make sure to close off your app to free up resources when it is not doing any work. Typically, a reference list isnt a mandatory part of a resume. Theres a program that gives you with the proper format for your resume in no moment There are 2 most common sorts of resumes. Our resume builder is the quickest approach to create a resume that can help you get your fantasy job. Immediately after you might have a specific idea of that you should really certainly do, the precise composing doesnt appear that dreading. While at the exact same time composing out a narrative, you wish to go for competent words and phrases to speak about the suitable troubles. Gossip, Deception and Education Resume Proofreading is of extreme importance when you wish to land that coveted teaching job. Great teachers are famous for their vivacity and sunny disposition. Students receive a CRF completion guideline, monitoring plan, and a protocol. Also, be sure to curate some skills depending on the topic youll be teaching. Verbal communication skills are vitally important in teaching. The content of the resume ought to be relevant to the area of education and concentrate on the post that youre applying for. Mention youve got experience with it. Other crucial areas in your work experience will likewise be explored to highlight your credentials and make a stand-out resume. To be a teacher, you are going to require the suitable mix of experience, knowledge, and education. For your objective meinung to work, it has to demonstrate that as a teacher youve got the skills, knowledge, or experience to fit in the mission, vision, or aims of the school. What Education Resume Is - and What it Is Not Target and emphasize the necessary skills and achievements youve got for that specific job vacancy. As you start trying to find jobs as a teacher, take some opportunity to rate your targets and abilities. There are a number of job opportunities that are offered in educational sector. Most teachers should list all their certifications, or any time they anticipate receiving them. Include an Education resume section to the surface of your document. Teaching jobs usually need specific degrees and certifications, so be certain to highlight your education. To find out more on what it requires to be an IT Teacher, have a look at our complete IT Teacher Job Description. Awards are proof of your abilities and ought to be showcased. The Tried and True Method for Education Resume in Step by Step Detail High school education isnt listed on your resume once youve attended college. You didnt make a decision to be a teacher since you wished to turn into rich, you did it as you have passion for education. In order to acquire your possible employers attention, youve got to individualize and cater your teacher resume for that specific school district or organization. If youre a school teacher resume, t ake into consideration that being a great school teacher professional is a lot more than having recognized certificates, additionally, it depends a great deal about how youre, how it is possible to enhance employers institution and enrich the lives of the students. You want a real opportunity and teacher job in order to satisfy your ambitions. The second transition which you can make is to find some experience. If you have little teaching experience, include volunteer positions and co-curricular pursuits that involve teaching in some manner. Why the direction you frame your teaching experience makes a big difference. There is but one problem. Its necessary to have an updated teacher resume to be successful with your work search. Locating the ideal teacher resume layout. Among the very best teacher resume tips is to tailor your work search documents to the particular teaching position youre applying for. Also, further skill set of the individual will be based on the field hes working in. You might have minimum work experience in your preferred field, but a recent and appropriate degree is occasionally all you have to receive your foot in the door. No matter what type of industry youre aiming to land work in, you will need to personalize your list of skills for the position. The program content supplied by the on-line Universities is high high quality content.

Real Estate Director Plans Exit Strategy

Real Estate Director Plans Exit StrategyReal Estate Director Plans Exit StrategyOne job seeker lands a job in insurance after leaving a strained real-estate industry.Tyler Banks said he knew he welches going to be let go from his job as regional director for an international commercial real estate company eight months before it happened. I could see the writing on the wall, he said. Starting about this time last year, we had cutbacks because of the economic meltdown. The company couldnt maintain the momentum from the past three years.So he was mentally prepared for unemployment when it happened in September. He even had a plan He immediately started networking with people in his industry. But almost as immediately, he realized that people werent hiring, he said. He concluded that he needed to come up with another approach to his job search.I looked at specific industries where my skill set from real estate most closely matched their offerings, he said. I found that the targeted appro ach, rather than the shotgun approach, was a much better way to go about a job search.Banks was looking for a sales-management position with a stable company, where he could help grow a sales team, be involved in training and reach out to C-level executives. Id done those things in my past job, and I wanted to be able to do them again, he said. I liked my last job, but there were no jobs in real estate. So I wanted to do the same things again in a different industry. What I found was that insurance fit all those criteria.Specifically, Marsh McClennan, the worlds largest insurance brokerage firm.The role of the job was exactly what I was looking for, he said, about his new role as vice president, private client services. The industry is in gleichem abstand nebeneinander to the one I came from. But instead of buying and selling properties, I will be dealing with property owners insurance needs.Wife and mother-in-law pitch in As the sole breadwinner in the family, Banks was extremely motivated to find another job. He gave himself a six-month deadline, but I never once sat on the couch and watched TV, he said. His only break during the day came when he took his kids to school or to swimming lessons. Otherwise, he was focused on the search.So was his wife. She was talking to everyone about job openings, he said. Her parents were talking to everyone, too. As a matter of fact, I got one interview through my mother-in-law that turned into a job offer (that came at the same time as the offer he ended up taking). It was a team effort.Banks said the most important part of his job-search strategy was to be consistent. platzset yourself goals, write them down use Outlook or a Daytimer to keep track of what you have done, who you have contacted and what you need to do. We had a saying in the real-estate business See the people, see the property. You wont find a job just sitting behind a computer, you need to go and put forth some serious effort.And, while Banks said he was confident hed find something in the Southern California area where he lives, he didnt want to count on anything. Even when he got the first interview at Marsh McClennan, he continued his job-search routine. You dont want to bank on any one opportunity, he said. I met with Marsh McCleannan for the first time in November. I met with seven people at different times throughout the process. I have a lot of confidence in my abilities, but I was never certain it was going to happen until they offered the job.The tools that made the differenceBanks did make aya he got out a couple of times a week to meet with friends and former colleagues, to continue networking and to keep in touch with what was going on in the business world. He started a side business with a friend, doing loan modifications for people, helping them negotiate with the banks.Something else Banks did rewrite his resume. Id had the same one since college, updated once in a while, but in the old format, he said. The compet ition is vicious right now. Id recommend to anyone looking for a job to get a professional resume writer, focus on your marketable differences and find the things that set you apart from the competition.Banks said, that, in retrospect, hes glad he was downsized last fall. It gave me a jump on looking for a job, he said. If I were looking for a job now, it would be that much harder theres a lot more competition.

How to Get a BigLaw Job

How to Get a BigLaw JobHow to Get a BigLaw JobDespite employing a relatively small percentage of practicing lawyers,BigLaw looms large in the popular imagination - and in the minds of incoming law students who aspire to walk its prestigious (and highly-paid) halls. Before we get into the details of how to get a BigLaw job, lets talk about some basics - how do these firms operate, anyway? The Basics of BigLaw When we talk about BigLaw, were talking about the firms on the AmLaw 200 list with a few random outliers thrown in. These firms tend to be headquartered in large cities, particularly New York and Washington, D.C., and they might employ thousands of lawyers in offices around the world. Some of the largest offices might have 1,000 lawyers. Traditionally, large law firms had two tiers of lawyers partners and associates. A generation or two ago, the basic expectation was that if you managed to get hired as an associate and did competent work for 8-10 years (give or take), youd become an equity partner, meaning youd be a part owner of the geschftliches miteinander and youd share in the profits. Partners rarely moved around, and it was rare for people to work at multiple firms over the course of a career. How Things Changed in the 1980s All of this genteel behavior changed in the 1980s when the AmLaw lists were first published, listing profits per partner at the largest firms in the country. Suddenly, everyone had a scorecard, and - not surprisingly - successful partners at relatively lower paying firms began to jump ship to firms with higher PPP. Thus, the rise of the lateral move, a switch at the partnership level from one firm to another. Those most likely to be able to make such moves were the rainmakers (the people who brought in the clients and, hence, the money) with a large portable book of business (meaning their clients would follow them to the new firm). Once profits per partner became an important metric (and an important means of hanging on to each firms most productive partners), BigLaw developed other techniques to inflate PPP. Chief among these were hiring more associates (to increase leverage) and decreasing the percentage of associates who moved on to become partners (therefore ensuring a large slice of the pie for each partner). Non-Equity Partner Firms also created a new type of non-equity partner (sometimes called of counsel), which is essentially a glorified senior associate role with a salary, but no share in the profits. Oh, and the pressure to bill increasing number of hours - given that firms typically get paid by the hour - rose ever higher, to ensure enough money for a generous partner payout. Putting these trends together, its pretty easy to see why large law firms dont have the best reputation as great places to work. The traditional carrot (partnership) has become highly unlikely, even for the extremely talented and driven associates who flock to BigLaw each year. Ratcheting up billable hour requirements ensures that the job itself is increasingly inhumane, with little prospect of work-life balance. And, because very few associates have any prospect of being promoted to partnership, the incentive to invest in mentoring and training (traditionally reasons to accept a BigLaw job) are significantly lessened. Vigorous Competitions for BigLaw Positions And yeteach year law students around the country compete vigorously to land a BigLaw fleck When you consider the average law school student loan debt and a starting salary of $160,000 plus bonus, its not terribly surprising that firms have plenty of potential associates to choose from. If you think you want one a BigLaw job, learn about the basics of on-campus interviewing, how to get a callback,how to get a summer offer, how to get an offer to come back after the summer program, and alternate ways to get hired (without participating in a summer associate program).

7 Fine Art Museum Apps

7 Fine Art Museum Apps7 Fine Art Museum AppsMany fine art museums around the world offer mobile apps, and most of them are free. They boast a variety of features, including virtual tours, visitor information, details about works of art, audio descriptions, and more. 01The Louvre Museum in Paris Robert Holmes/Corbis Documentary/Getty ImagesThe Getty360 app features information aboutall of the exhibitions and events at the Getty Center and Getty Villa. You can search for exhibitions and tours and add them to your calendar from the app, and you can also share them through social media. The app also provides information about visiting the two locations.You can download the free Getty360app for iOSdevices, but its not offered for Androids.