Kathleen J. Wu Partner
Andrews Kurth LLP
Years Practicing: 25
Area of Practice: Real Estate and Finance
For a real estate and finance partner like Kathleen Wu, maintaining rainmaker status throughout a challenging economy has been no mean feat. “It’s helped that my practice is very varied,” she explains. “Prior to the [housing] slump I was doing more origination of loan and real estate development work. Now I’ve transitioned more into special servicing work and other areas unique to this part of the economic cycle we now find ourselves in. It’s important to be flexible not only substantively but in terms of understanding and anticipating clients’ needs. Whatever the economic environment, genuine interest in clients and deeply caring about the work product contribute to a winning formula.”
A graduate of Columbia University and George Washington University, Wu fell into the legal profession by default. Her early years as an associate were exceedingly stressful. She worked for several very demanding partners and each transaction that crossed her desk was more complex than the last. Then, in her sixth year, something changed.
“After thousands of hours of work, I all-of-a-sudden became very confident. I recall thinking, ‘OK, this is something I can do. I have a real future here.’”
Wu stresses that “rainmaker” is not a title she can hang her hat on. “You must prove yourself everyday,” she says. “Whether the client or deal at hand is big or small, you must provide an excellent level of service. All the networking in the world cannot replace a reputation for consistent, high-quality work. It’s not easy, but if you approach this in a proactive, thoughtful way, it definitely pays off.” DB
Nearly two-thirds of the 5.4 million legal immigrants from Mexico who are eligible to become citizens of the US have not yet taken that step. Their naturalization rate-36%-is only half that of legal immigrants from all other countries combined. Source: Pew Research Center
The overall U.S. birth rate declined 8% from 2007 to 2010. The birth rate for U.S.-born women decreased 6% during these years, but the birth rate for foreign-born women plunged 14%-more than it had declined over the entire 1990-2007 period.1 The birth rate for Mexican immigrant women fell even more, by 23%. Source: Pew Research Center
Three-quarters of retirees said they worked longer than they would have otherwise to maintain access to their employer healthcare plan. The Affordable Care Act does include provisions aimed at reining in prices by limiting the amount insurers can charge older Americans to 3 times what they charge younger subscribers. Source: The Washington Post
Only four in ten third-graders in the District of Columbia can read proficiently, and only about four out of ten young adults in the District have a full-time job. Source: Raise D.C.
In 1779, before his time as president, Thomas Jefferson proposed a law to castrate gay men and to destroy the nose cartilage of gay women. Source: Washington Lawyer
Pennsylvania was the first state to repeal the death penalty for sodomy in 1786. Source: Washington Lawyer
In 1924 the Society for Human Rights in Chicago became the country's first gay rights organization. Other organizations such as the Mattachine Society and the daughters of Bilitis, were formed decades later. Source: Washington Lawyer
In 1962 Illinois became the first state to decriminalize homosexual acts done in private between consenting adults. Source: Washington Lawyer
The nationalities with the highest rates of nationalization in the US â€“ about75% - are Vietnamese, Russian, Filipino, Korean, Laotian, and Cuban. Source: The Pew Research Center
To become a citizen of the US, a legal permanent resident must be at least 18 years; have lived in the US continuously for 5 years; be able to speak, read, write, and understand basic English; pass a background check; demonstrate knowledge of US history and government; swear allegiance to the US; and pay the $680 application fee. Source: The Washington Post
The Bridgeport-Stamford-Norwalk, Conn., metropolitan area, near New York City, had the highest percentage (17.9%) of households with at least $191,469 in income. At the other end of the spectrum are two metro areas named Danville -- in Virginia and Illinois -- each with 1.1% of households having such high income. Source: U.S. Census Bureau
National Women's History Month dates back to March 8, 1857, when women in NYC factories staged a protest over working conditions. International Women's Day was first observed in 1909, but it wasn't until 1981 that Congress established National Women's History Week, celebrated the 2nd week of March. In 1987, the week was expanded to a month. Source: U.S. Census Bureau
Americans aged 25-34 have the second highest rate of bankruptcy (just after those aged 35 to 44), indicating that Gen-Xers were more likely to file for bankruptcy than were young baby boomers at the same age. Source: "Generation Broke: The Growth of Debt among Young Americans."
The average young-adult household spends almost one quarter of every dollar earned on debt payments. Source: "Generation Broke: The Growth of Debt among Young Americans."
The annual unemployment rate in 2012 for Management, Professionals, and Related Occupations was 4.1%. Source: Bureau of Labor Statistics