On my Squidoo profile page I found my websites's link is in a
Does this attribute provide any link juice advantage to my website?
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rel="me" links are treated the same as any other links, with the added functionality that they tell Google that the two linking pages represent the same person.
Ideally they should be reciprocal links, so you should have one on your website linking back to your profile on http://www.squidoo.com/.
Something like this:
John Sanjay has also written <a rel="me" href="http://www.squidoo.com/lensmasters/athleticgear">lots of articles on his Squidoo Lense</a>.