Law Students

Ed. note: This is the fourth installment in a new series of posts from the ATL Career Center’s team of expert contributors. Today, we have some great advice for newly minted attorneys from Joshua Stein, the principal of Joshua Stein PLLC, a prominent commercial real estate law practice in Manhattan.

It’s your first year as a new lawyer. What do you need to know? How can you not screw it up? Here are some suggestions, based on more than 30 years of experience — as an associate at two firms, then a brief time as an associate at a third firm, followed by 20+ years as a partner at that third firm. These suggestions reflect my own experiences, lessons learned along the way, and what I’ve seen and heard from others. Nothing here applies specifically or uniquely to any firm where I worked.

It’s a Business. As much as we might all want law firms to be kind and gentle, remember that client demands are not kind and gentle. Also remember that a firm’s profitability — the ultimate main event — depends on buying a lot of legal expertise wholesale, converting it into as many hours of billable legal work as possible, then selling those hours at retail. That isn’t going to go away. Get used to it. That’s the business you’re in. If you don’t want to be in it, go find some other business to be in.

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Rock me sexy Jesus?

* Vault just released its rankings for the best summer associate programs. Who’s at the top? I have my money on Fitzpatrick Cella. [Vault]

* If Paul Campos were asked to give a law school graduation speech, here’s what he would say. Long story short, I don’t think he’ll ever be asked. And that is why you should read this. [Lawyers, Guns and Money]

* What do we want? Booze! When do we want it? Now! Where do we want it? The grocery store! [Courier-Journal]

* I don’t know, maybe this guy just really, really loves Jesus. Like, really a lot. Maybe too much. Ewww. [Wave3]

* You know those online net price calculators for figuring out tuition? Well, turns out they might be misleading too, just like every other flipping aspect of financing your education. [Inside Higher Ed]

* You say tomato, I say tomahto. You say law student, someone else says escort. What’s the big deal here? [Daily Mail]

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