Explain a point in minutes, I am Ma Youyi. In this issue, we take a look at the hidden power behind success with the story of a top lawyer.
Joe Fromm is the "title" partner of the American law firm Skadden & Stars, and his name appears in the firm's full name. Fromm's parents were Jewish immigrants from Central Europe. The family's economic conditions are in a state of poverty. Eventually, he was admitted to Harvard Law School. At the end of the graduation season, Fromm was one of the last two students in his class who didn't find a job. Later, under the introduction of the teacher, he joined the law firm co-founded by his classmates, which later became famous all over the world, and Fromm worked as an assistant to the three founders. After 6 years on the job, Fromm became a partner and the company's performance skyrocketed. The number of lawyers in the company soon reached 100 and is now nearly 2,000. It has been ranked as the most prestigious law firm in the United States for many years.
Fromm was Jewish, so did his Jewishness make him benefit a lot in his career? His Jewishness during Fromm's career was indeed an integral factor in getting him to where he is today, but it was the opposite of what you might think. But remember, he was one of the two people in the class who didn't get a job, why? This is all due to his Jewish identity, because in the forties and fifties of the 20th century, the traditional American legal profession had strict requirements for recruiters, and Jews could only go to some second-rate small firms. Fromm couldn't find a good job and was forced to work as an assistant in the newly founded firm of Starden. But it was joining Skadden at the beginning that gave Fromm the opportunity to reach the pinnacle of the industry. It can be said that it is a blessing in disguise.
Skadden Law Firm was founded by 4 high-achieving students from Harvard, and there must be many requirements for the docking case, which can be summed up in 5 words, and the case will be accepted! There is no way, the lawyer industry is very particular about qualifications, and those good cases are not the turn of start-up companies like Skadden, and they can only take on any small sesame case in order to survive. Hostile takeover lawsuits are one of them, and in traditional established law firms, people look down on seemingly morally flawed lawsuits. And in order to survive, Skadden can only refuse to come. By the 70s of the 20th century, the decline in aversion to litigation and the internationalization of the market led to a surge in the number and scale of corporate takeovers. From the mid-70s of the 20th century to the end of the 80s of the 20th century, the total annual amount involved in the acquisition and merger of Wall Street companies increased by 2000%. Fromm spent 20 years at Skadden studying in his field of expertise, and suddenly the world changed, and instead of overcoming adversity, Fromm suddenly turned into opportunity.
In a word, it's good to be born, and I can't do it. You see, after graduating from elementary school, the burden of elementary school has begun to be reduced, junior high school has graduated, junior high school does not have to go to evening self-study, college graduation is not allotted, housing prices are starting to rise, working and delaying retirement have begun. gave birth to a child, thinking that I can finally spread the fire in my belly, hey, now I don't want to beat the child. Our post-80s generation is collectively digging the ancestral grave of who and which immortal is what, this step by step is targeted!
Today's topic is again from the book "Outliers: A Different Kind of Success Apocalypse". Read with me for a year and you're guaranteed to learn the real thing!