AABANY Presents a Book Talk: Stuck – Why Asian Americans Don’t Reach the Top of the Corporate Ladder

On August 4, 2020, the Asian American Bar Association of New York (AABANY) hosted a book talk on CUNY Professor Margaret Chin’s new book, Stuck – Why Asian Americans Don’t Reach the Top of the Corporate Ladder. Moderated by Chris Kwok, AABANY Board Director and Chair of AABANY’s Issues Committee, the virtual webinar received over 300 registrations from legal and non-legal professionals. Conversation centered around the book’s subject — invisible challenges Asian Americans face when it comes to upward corporate mobility.

Professor Margaret Chin began the panel by articulating the difficulty that Asian American professionals face in moving from mid-level management to the C-suites. Chin has discovered two critical factors that explain why. The first is that Asian Americans are hidden from the research. Only in the past five years has research been done on the corporate mobility challenges facing the Asian American professionals, demonstrating not only the invisibility of Asian Americans in racial discussions but a lack of awareness of the “bamboo ceiling.” The second is trust. Through her interviews with corporate executives, Chin discerned trust as a leading factor in who is and who isn’t promoted. Trust, however, also opens the door for implicit bias. Oftentimes, those who are seen as part of the “in-group” or white are seen as more trustworthy, leaving racial minorities at a disadvantage. 

A Q&A session followed the talk, during which Chris, as moderator, posed questions sent via chat to Professor Chin. One audience member asked Professor Chin what inspired her to write this book. Her answer recounted a class reunion where she realized that while many Asian Americans are admitted to Ivy League and top tier universities, there was no research on their career paths post-education. This reveals the false assumption that once an Asian American achieves an elite education, their career is set. Another question asked Professor Chin for solutions to the lack of upward mobility faced by Asian professionals. To this, she discussed how through her interviews with Asian executives, she discovered the importance of early career resources such as college career offices, formal corporate programs, and other similar programs. These have proven to be particularly helpful to non-white professionals who often do not have strong networks or resources at their disposal. Nonetheless, these are not the only solutions, leading Professor Chin to reiterate the need for more research on the “bamboo ceiling” in order to drive change.

Thank you to Professor Margaret Chin for her time and insight and Chris Kwok for moderating. Congratulations to Professor Chin on her book, which was released on August 11. We encourage anyone interested in this hot topic to purchase the book, which is available here. For those looking to continue this important discussion, please email Chris Kwok at chrismkwok@gmail.com to participate in his book club which will gather together readers of the book for further conversations about the book’s findings and conclusions.

Asian Stereotypes: Understanding How Microaggressions Impact Professionals & Youth

What do Asian stereotypes have to do with the way we’re treated in schools and the workplace? How do the “model minority” and “perpetual foreigner” images influence our academic and professional careers – and how do we overcome the “bamboo ceiling”?

On Oct. 27, leadership consultant Gloria S. Chan and psych expert Kevin Nadal will lead us in an illuminating discussion about the impact of Asian stereotypes on our everyday lives and how we can effectively address them to achieve growth and success.

Event Details:

Tues., Oct. 27, 6-8 PM
505 8th Ave., 20th Floor

RSVP:

Seating is limited. To RSVP, please CLICK HERE.

From JPMorgan Chase: Networking Reception on April 7

JPMorgan Chase & Co. Legal Department is hosting a networking reception on April 7, 2014 @ 6:00PM for APA attorneys that are potentially interested in joining our Legal Department.

If you are interested in attending and meet the following criteria, please submit your resume along with a brief bio (no more than 3-4 sentences long) of yourself, expertise and/or interest, in confidence, by email to main@aabany.org with subject line “JPMC” by no later than March 7, 2014. If your resume is selected, you will be receiving an invitation to the event on or about March 17 directly from JPMorgan Chase & Co.

Internally, JPMorgan Chase & Co. will have about 50-60 lawyers and compliance professionals attend the event. Many in attendance will be senior managers, practice group leaders and a couple of recruiters. Senior leaders who have attended similar events in the past have included lawyers from all four lines of JPMorgan Chase & Co.’s businesses: Consumer & Community Bank; Corporate Investment Bank; Asset Management and Commercial Bank. In addition, we have had litigators from our Litigation Department attend as well.

There is no guarantee of any employment as a result of this event and/or future guarantees but we hope that if there is a fit and/or a need, we will look to this group as a possibility. Of course, some in attendance may have an immediate need but there are no guarantees.

Criteria/other details for prospective guests:

  • lawyers (private, government, in house, etc.) who have been out of law school and have been practicing in any area of law for 5-15 years; and
  • current dues-paying member of AABANY.

There is no school or GPA requirement. For questions, please write to main@aabany.org. Please do not contact JPMorgan Chase & Co. unless you are selected. Thank you.

Credit Suisse 2014 PALS Summer Associate Program

PALS Logo White on Blue 

The application period is now OPEN for the Credit Suisse 2014 PALS Summer Associate Program and will conclude on Friday, January 10, 2014    

The Credit Suisse General Counsel Division offers a paid 10 week Summer Associate program geared toward law students who have completed their first year of law school and are interested in gaining “in-house” exposure within the Financial Services Industry.  Credit Suisse is interested in recruiting students from PALS.   

This program is being offered through the Credit Suisse General Counsel Americas Diversity Committee, which seeks to promote diversity among legal and compliance professionals. Credit Suisse seeks to hire applicants with a diverse range of geographic, socio-economic, and experience backgrounds. 

To learn more about this amazing program please click on
APPLICATION  for further information. The application period is now OPEN and will conclude on Friday, January 10, 2014 at 11:59 pmApplications will be reviewed and decided on a rolling basis, students are encouraged to apply early. 

Should you have any questions regarding the fellowship, please email the Executive Director of PALS, Paula Brown Donaldson, Esq. at executivedirector@palsprogram.org

For further information on PALS, visit our website at www.palsprogram.org

From NYAPM: NYC New Years Eve Open Bar @ Megu

From NYAPM: NYC New Years Eve Open Bar @ Megu

Press Release: Moon Festival Honoree Gala | Honorees Announced

FOR IMMEDIATE RELEASE

October 15, 2013

AABANY APPLAUDS NAAAP-NY’S SELECTION OF ALICE YOUNG AS THE 2013 CORPORATE LAW HONOREE AND YANG CHEN AS A 2013 COMMUNITY EXCELLENCE AWARDEE FOR FIRST ANNUAL MOON FESTIVAL HONOREE GALA

NEW YORK – October 15, 2013 – The Asian American Bar Association of New York (“AABANY”) applauds the National Association of Asian American Professionals (“NAAAP”) New York’s selection of Alice Young as the 2013 Corporate Law Honoree and Yang Chen as a 2013 Community Excellence Awardee. 

NAAAP New York will recognize Ms. Young and Mr. Chen along with other honorees and leaders in the Asian American community during its first annual Moon Festival Honoree Gala to be held at Gotham Hall in New York City on Friday, October 25, 2013.  The Moon Festival Honoree Gala will honor New York’s most influential Asian & Pacific Islander Americans (“APIA”) in various professions, including media, public service, entrepreneurship, culinary arts and corporate (law).  Preet Bharara, United States Attorney for the Southern District of New York, was also named NAAAP-NY’s 2013 Public Service Honoree.  Proceeds from the event will benefit the NAAAP-NY Scholarship Fund, a program instituted over a decade ago to benefit APIA scholars in the greater New York metropolitan area.  The Honoree Reception will be hosted by Richard Lui, MSNBC Anchor.

“We congratulate Alice and Yang for being recognized by NAAAP-NY for their outstanding professional achievements and influence in the APIA community in New York.  Alice has been a consummate professional and a leader in corporate law for nearly four decades and Yang has quickly become a well-known and trusted leader in the greater APIA community,” said Mike Huang, AABANY’s President.

Alice Young is Special Counsel and Chair of the Asia Pacific Practice at Kaye Scholer. She advises multinationals and entrepreneurs on their business activities and investment considerations in the United States and throughout Asia, including complex cross-border transactions and sensitive legal and governmental strategies, and compliance with the Foreign Corrupt Practices Act (“FCPA”). She also assists clients in identifying potential Asian partners and resources. She has been lead advisor on projects in China, Japan, Hong Kong, Taiwan, Korea, Singapore, Indonesia, India and the Philippines. She has been in private practice for more than thirty-five years.

Alice has been based in New York, Hong Kong and Tokyo and speaks Japanese, Mandarin Chinese and French. She is a member of the Board of Directors and on the Executive and Examining Committees of Mizuho Trust & Banking Co. (USA); member of the Board of Directors and Audit Committee of Axis Capital Holdings Limited (AXS); Lifetime Trustee of the Aspen Institute and The Asia Foundation and Give2Asia.  Alice is listed in Who’s Who, Crain’s “Top 100 Minority Executives” (one of only three corporate lawyers named), by Avenue Asia magazine as one of the five most influential Asian-American corporate lawyers in the United States, and by Harvard Law Bulletin as one of the top 50 women graduates of Harvard Law School.

Alice was in the first class of women graduates of Yale College, where she majored in East Asian Studies. A graduate of Harvard Law School, Alice was a member of the East Asian Legal Studies Program.

Yang Chen is the Executive Director of the Asian American Bar Association of New York (AABANY), a position he has held since August 2009.  Mr. Chen is AABANY’s first Executive Director.  He has been active in AABANY for many years, having served on the Board and numerous committees, including the Judicial Affairs (now Judiciary) Committee, of which he was a chair.  Mr. Chen served as AABANY’s President in 2008. Before becoming AABANY’s Executive Director, Mr. Chen was a partner in the firm of Constantine Cannon, a law firm specializing in antitrust and complex commercial litigation.  He was among the group that founded the firm in 1994, which started as Constantine & Associates. Before joining Constantine Cannon, Mr. Chen was an associate in the New York office of McDermott, Will & Emery and before that he was associated with Breed, Abbott & Morgan (now Winston & Strawn).  Mr. Chen is admitted to practice in the State of New York, the United States District Court, Southern and Eastern Districts of New York, the Second Circuit Court of Appeals and the Supreme Court of the United States.  He is a graduate of the New York University School of Law and Binghamton University.

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The Asian American Bar Association of New York was formed in 1989 as a not-for-profit corporation to represent the interests of New York Asian American attorneys, judges, law professors, legal professionals, paralegals and law students.  The mission of AABANY is to improve the study and practice of law, and the fair administration of justice for all by ensuring the meaningful participation of Asian Americans in the legal profession.

NAAAP New York is the founding chapter of the National Association of Asian American Professionals (NAAAP). The organization was founded over thirty years ago, and today has thousands of members in 27 chapters across North America.  As a 501©(3) non-profit organization, NAAAP is dedicated to developing and advancing Asian Americans across all industries and career stages by providing premier career-oriented and cultural programming.

Additional information about NAAAP New York’s 2013 Moon Festival Honoree Gala is available at http://naaapny.org/10-25-2013-moon-festival-honoree-gala/

 

From CUP: Fall 2013 Executive Leadership Program

Maximize Your Leadership Potential! 

Apply Today for the Fall 2013 CUP Executive Leadership Program

Kick-Off Retreat November 14 – 16
Hamilton Park Hotel & Conference Center, Florham Park, New Jersey
 

Who Should Apply:

High performing, senior professionals from all industries are welcome to apply.  The ideal candidate for CUP’s Executive Leadership Program will have the following profile:

  • Financial Services & Professional Services Firms: Senior Vice Presidents, Directors, Executive Directors, New Managing Directors
  • Law Firms: Senior Associates, New Partners, Deputy General Counsels, Associate General Counsels
  • Media & Entertainment Firms: Directors, Vice Presidents

For more information, click here.

All applicants must be nominated by your firm or provide two letters of recommendation from current or previous managers.

All nominations must be submitted to Sonnia Shields at sshields@nycup.org by Friday, September 27.