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re: Question for the OT Lawyers - School Later in Life

Posted on 8/31/17 at 3:10 pm to
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89488 posts
Posted on 8/31/17 at 3:10 pm to
quote:

But not all lawyers that make a good living advertise on TV


I'm aware of that.

quote:

I have a friend who makes $500.00 an hour doing essentially high end title work.


Let me ask you this - his billables are $500 an hour (which is a million/year for those of you in Rio Linda), or is his gross salary $500?

And that's boutique, even in New Orleans and Baton Rouge - there aren't dozens of guys in a market doing that. Most guys in practice are doing family law, criminal law or civil litigation - that's fully 80% of Louisiana lawyers, if not more.

quote:

Another who specializes in high end commercial litigation in a small firm.


Same thing - there just aren't large numbers of jobs for folks like this.

quote:

I did get lucky, but started with literally nothing, wife pregnant, grinding. 10 years later was an overnight success.


I actually went through law school with 3 children (yeah, I know I am idiot, want to fight about it? ), and it took me 20 years, but I hear you.

Posted by brewhan davey
Audubon Place
Member since Sep 2010
32782 posts
Posted on 8/31/17 at 3:55 pm to
quote:

One thing that I recommend to everyone before going to law school-take an accounting class. It is a business like any other and most lawyers are terrible businessmen.


The business of practicing law is at the top of the long list of topics that "they didn't teach you in law school."

Some of the most valuable things that I've learned in my young career relate to the business side of the practice. I can't believe how clueless I was coming out of school - and there is still so much more to learn.
Posted by Mung
NorCal
Member since Aug 2007
9054 posts
Posted on 8/31/17 at 4:30 pm to
nor do they think they have to listen to Erwin bitching non-stop about hours while he pays you $35K.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89488 posts
Posted on 8/31/17 at 6:02 pm to
quote:

nor do they think they have to listen to Erwin bitching non-stop about hours while he pays you $35K.


Do I know you sir?
Posted by Collegedropout
Where Northern Mexico meets Dixie
Member since May 2017
5202 posts
Posted on 8/31/17 at 6:07 pm to
You can always become a landman if things don't work out
Posted by Restomod
Member since Mar 2012
13493 posts
Posted on 8/31/17 at 6:09 pm to
quote:

Is it starting salaries are down bad? Or you'll be working at Starbucks bad??



Both
Posted by NIH
Member since Aug 2008
112556 posts
Posted on 8/31/17 at 6:11 pm to
quote:

But, for every one of them, are 10 slugging it out in DA offices, PD bureaus, perhaps balancing a civil practice on the side to eek out $100k, $125k maybe, and even more in defense firms or small shops not doing that well, at least for 8 to 10 years out of school.




This has always been true. You'd swear by reading these threads that before 2008 everything was models and bottles.
Posted by MSTiger33
Member since Oct 2007
20368 posts
Posted on 8/31/17 at 6:12 pm to
quote:

Did any of our fine attorneys here begin law school in their 30’s? Or know anyone that did?

Just looking for overall experiences. Looking back was it worth it? Would you do it again?

Asking for a friend.


Yep. Started when I was 31. Was it worth it? Tough to say. I like my job and could have not gotten there if I hadn't practiced law for 10 years. I am in the finance industry now.

Before law school, I was a pharmacist for about 5 years. My regret is not following my sister's path in pharmacy. She went the industry route and is absolutely killing it.
Posted by lsuwins3
Member since Nov 2008
1619 posts
Posted on 8/31/17 at 6:13 pm to
Posted by mt1 on 8/31/17 at 1:30 pm to lsuwins3
quote:
My Mom went back to law school at 47. Had Masters in Education got tired of busting her butt for the same money as all the other teachers. Practiced 16-17 years before retiring. Best move she ever made.


"Does your mother's first name start with a D? Had someone in my small section that fits the description."

No, she graduated from Arizona State. But was in classes with a guy who had been a friend of my brothers from Lake Chuck. Small world
Posted by Jim Rockford
Member since May 2011
98152 posts
Posted on 8/31/17 at 6:14 pm to
John Macejunas, of Blackhawk Down fame, went to law school after he left the Army. He was a federal prosecutor for a while. Now he's in private practice somewhere in the Northwest. How would you like to see that guy on the other side of the room?
Posted by Sus-Scrofa
Member since Feb 2013
8125 posts
Posted on 8/31/17 at 6:22 pm to
The old people I went to law school with fell into three categories:

1) Retired and bored. These were the happiest people in law school. Finances in order. I had two engineers and a dentist in my class who got bored in retirement and did great.

2) Delayed. These are the military types, some young family types or people who had a family issue/emergency (meaning they worked their asses off to support a family and finally found an opening), burnout from another career, etc.

3) Just plain crazy. A lot of the ones who do not finish are in this group.


The bored retired people did great (this was their hobby), a lot of the delayed people did better each year - shame of law school is that the first year matters so much. Once a lot of the delayed people got back into school mode, they kicked arse the last two years.

A few of the crazy people will do well and scare the hell out of you.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89488 posts
Posted on 8/31/17 at 6:30 pm to
quote:

he old people I went to law school with fell into three categories:


The only truly "older" I remember was a gal in her 40s - she had been a food scientist for Frito Lay. She wanted to leverage that into a food patent and regulation practice.

Heck I was "old" I had 2 in my small section that were still 21 when we started class and I was already 26 as a 1L. I had 3 kids and felt like a grandpa.
Posted by Mung
NorCal
Member since Aug 2007
9054 posts
Posted on 8/31/17 at 6:49 pm to
quote:

Do I know you sir?

yeah, and i started at $31K
Posted by CAD703X
Liberty Island
Member since Jul 2008
77952 posts
Posted on 8/31/17 at 6:53 pm to
seems like lots of people know mung irl
Posted by Koach K
Member since Nov 2016
4069 posts
Posted on 8/31/17 at 7:13 pm to
Take tax related subject matter if you do it. Most of the slapdicks in law scrool freak when they see some sort of rudimentary math is involved.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89488 posts
Posted on 8/31/17 at 8:18 pm to
quote:

yeah, and i started at $31K


I started at $30,500.

I was there when Erwin left - did we overlap at all?
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79128 posts
Posted on 8/31/17 at 8:37 pm to
quote:

This has always been true. You'd swear by reading these threads that before 2008 everything was models and bottles.



it was dude, it was

Unless you went to a TTT of course

RIP glory days
Posted by danilo
Member since Nov 2008
20072 posts
Posted on 8/31/17 at 8:41 pm to
quote:

My Mom went back to law school at 47. Had Masters in Education got tired of busting her butt for the same money as all the other teachers. Practiced 16-17 years before retiring. Best move she ever made.

How much debt did she take on at damn near 50 years old?
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
42460 posts
Posted on 8/31/17 at 8:44 pm to
Only reason why I got a tax LLM was to separate myself. I finished in the top third and even that wasn't enough. Then I had to start my own firm out of the LLM program. Doing fine now, but holy shite the legal market is bad
Posted by Five0
Member since Dec 2009
11354 posts
Posted on 8/31/17 at 9:04 pm to
I did. Graduated last December.

Disadvantages:

1. No clerkships.
2. Didn't graduate from big name law school.

Advantages:

1. Experience in something besides just being a student, ie former cop now criminal defense.
2. No law school debt.
3. My law license is the same as the big name school attorneys.
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