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re: Advice to upcoming law school graduates

Posted on 4/29/17 at 9:35 am to
Posted by NIH
Member since Aug 2008
125034 posts
Posted on 4/29/17 at 9:35 am to
Sweet. Congrats man
Posted by Walking the Earth
Member since Feb 2013
17464 posts
Posted on 4/29/17 at 9:37 am to
In fairness, your law firm probably isn't in a helicopter overlooking the city, a yacht or the side of a mountain.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
46722 posts
Posted on 4/29/17 at 9:52 am to
I partnered with an older attorney who already had a firm. It's suppose to be a mentor/mentee relationship where I take over everything in a couple years. The older attorney drives me absolutely nuts -- they're neurotic, change their mind every other day, forgets stuff we just discussed the day before for a client, and berates me for mistakes I have seen them make. Not to mention I took a gigantic paycut for this experience.

shite blows, brahs. Worst part is I truly love the work/dealing with clients. But my stress level from dealing with this older attorney is through the roof. Yesterday they blew up on me for not answering my phone at 3 pm on a Friday when we both weren't in the office because I didn't want to discuss the same exact topics we discussed the day before and repeat myself for the millionth time
Posted by GaryMyMan
Shreveport
Member since May 2007
13499 posts
Posted on 4/29/17 at 9:57 am to
How old is he? I've seen too many broke old lawyers still practicing into their 70s. Do you have a contract in place for a definite exit for him?

This post was edited on 4/29/17 at 9:59 am
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
46722 posts
Posted on 4/29/17 at 10:05 am to
Early 60s...we formed a partnership and have provisions for when they retire. I know they do well and they only work a few days a week. We have already generated quite a bit in the past couple months with little to no advertising and an awful website.

I just can't handle how one day everything is fine and then the next it's like everything is fricking chaotic. Not to mention the treating me like a child, getting angry over mistakes they also make, and constant forgetting stuff/changing their mind. I wish they had a class for dealing with this bullshite in law school
This post was edited on 4/29/17 at 10:06 am
Posted by brgfather129
Los Angeles, CA
Member since Jul 2009
17360 posts
Posted on 4/29/17 at 10:16 am to
Emulate E Eric Guirard
Posted by Bunk Moreland
Member since Dec 2010
70161 posts
Posted on 4/29/17 at 10:24 am to
Jesus, you're gonna be an alcoholic like me in a few years. SClibertarian absolutely nailed it early in the thread. I've got a pretty good gig I'm grateful for, and even with that, I think it's soul-crushing most of the time.
Posted by PrideofTheSEC
Baton Rouge
Member since Apr 2012
5276 posts
Posted on 4/29/17 at 10:25 am to
Lol that's exactly what I was thinking.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
46722 posts
Posted on 4/29/17 at 10:36 am to
Not to blame boomers again, but holy frick have they created a toxic legal field. The younger generation of attorneys are just getting fricked.

Are you an attorney? I rarely drink and I legit thought about having a drink this morning just to help get out of bed
Posted by S
RIP Wayde
Member since Jan 2007
173783 posts
Posted on 4/29/17 at 10:37 am to
Come home baby boomers.
Posted by Spaulding Smails
Milano’s Bar
Member since Jun 2012
18805 posts
Posted on 4/29/17 at 10:40 am to
quote:

This board's weird obsession with shite jobs like welding and plumbing is humorous

That's because 90% of people posting here work these shite jobs
Posted by Bunk Moreland
Member since Dec 2010
70161 posts
Posted on 4/29/17 at 10:41 am to
I'm gen X, so don't blame me. But, I get what you're saying. I see so many millennials begging to take peanuts when they interview with our office that it must be terrible out there. Just the grind of everyone being pissed off at you and the constant worry/stress about fricking up takes its toll. Definitely not worth whatever reward is out there. I see some people with good gigs in IP law, but that's about the only area I would ever recommend anyone go into.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
28324 posts
Posted on 4/29/17 at 10:44 am to
quote:

I partnered with an older attorney who already had a firm. It's suppose to be a mentor/mentee relationship where I take over everything in a couple years.


Be careful man, to that guy you are nothing but an indentured servant and if he hits a lick you wont see any of it.
Get some experience, save your money and get out.
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 4/29/17 at 12:52 pm to
I'm in house and it is pretty wonderful. I won't ever make as much as I would in a firm, but life is much less stressful. Plus I don't have any desire to spend my life brownosing General Counsels to try and get billable hours.

frick that life
Posted by DupontsCircle
Dupont Circle
Member since Jun 2016
5823 posts
Posted on 4/29/17 at 1:09 pm to
Just finished my Masters. I'm debating going to law school. I'm 31. With my background and a law degree, I'm told I could get a job making 500k a year easy up here in DC defending clients against the government in contract disputes and debarment.

I'm debating it but the whole process of LSAT, school and bar seems like a hassle.
Posted by MSTiger33
Member since Oct 2007
21755 posts
Posted on 4/29/17 at 1:32 pm to
quote:

I've got a masters in tax law and did the law firm gig for several years doing M&A, estate planning, etc. Now I am CFO for a plumbing manufacturers rep. I make a lot more than I did at a law firm, and my schedule is no comparison to working at a law firm.


Same here. Got my llm in tax and was a t&e attorney for a while. Just switched to the financial industry. While my base is the same, my bonus is 30%, and I get a 7% 401k match and 10% profit share. Next year, I start getting shares that will get cashed out each year for 3 years on a continuous basis. No way in hell am I ever going back to a law firm
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 4/29/17 at 2:25 pm to
quote:

Just finished my Masters. I'm debating going to law school. I'm 31. With my background and a law degree, I'm told I could get a job making 500k a year easy up here in DC defending clients against the government in contract disputes and debarment.



1) There is no "easy" in Big Law

2) What years of experience are they referencing for that 500k? Law firms are pretty open about salaries. So 8th year salary is 325k. Could you get a 100k bonus and get close? Yes. Is that reliable? No.

If you have good business sense, pursue that. It is much more rewarding than law.
Posted by Macavity92
Member since Dec 2004
6349 posts
Posted on 3/5/18 at 7:24 am to
Stay out of litigation. Get a corporate job.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
71200 posts
Posted on 3/5/18 at 8:03 am to
quote:

goal is to have all of mine paid by the end of next year


My grades may be shite and all of my family connections worth a crap already retired, but I’ve got two things going for me:
1. An undergrad degree I can fall back on and probably make more money with (CM)
2. Zero debt (I used my money from working CM and a scholarship to pay for law school, TOPS and Tiger Band covered undergrad)
Posted by StringedInstruments
Member since Oct 2013
21082 posts
Posted on 3/5/18 at 8:06 am to
How the frick do y'all just miss that this old arse thread was bumped by a spammer?
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