Small Law Firms

Those working in the Biglaw world may think they’re living lifestyles of the rich and famous, but their prestige pales dramatically when compared to those working in the glittery world of Hollywood glamour. Let’s face the facts: rainmaking aside, being a behind-the-scenes ERISA or tax practitioner is nowhere near as fabulous as keeping Lindsay Lohan out of jail. Representing celebrity clients will catapult your name into the news and turn your practice into a household topic of conversation.

Those behind the entertainment law bar have worked with some of the most celebrated (and sometimes reviled) clients in the country, and in most cases, the world. Obviously, there should be some sort of a ranking to evaluate the top talent from this Hollywood throng of attorneys.

Luckily, the Hollywood Reporter has been in the rankings game for seven years, and this year’s list is no less entertaining than last year’s. Let’s check out the newly released list of the entertainment industry’s top 100 “power lawyers,” which we’ve dubbed the Hollywood 100….

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Tom Wallerstein

I’m pleased to announce that the reports of my death have been greatly exaggerated. To the contrary, I survived my surprise three-week trial. It wasn’t a total surprise, of course. I had been expecting a trial, just not one that lasted more than a week.

Not that I’m complaining. Frankly, trying cases is a whole lot of fun. I’ve written before about my passion for trials and the competitive aspect of litigation generally.

That internal motivation is crucial for me. Trials usually require demanding hours, and that is the least of it. Beyond the mere number of hours spent working, I often find trying a case to be exhausting. Not just physically, but mentally and emotionally as well. Whenever you’re not on center stage, say, conducting a witness examination, you are paying rapt attention, thinking and calculating and strategizing. Sustaining that over time, day after day, can be difficult. You have to give your all, and then some. And when even more is asked of you, fate will decide the rest…

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Reema Bajaj

In June 2011, we brought you the story of Reema Bajaj, a lovely young lawyer in Illinois who was accused of prostitution. I expressed a belief in her innocence, although my faith was somewhat shaken by the nude photos of her that circulated on the web. And then, in June 2012, Bajaj pleaded guilty to one misdemeanor charge of prostitution.

After covering her guilty plea, we thought we had seen the last of her. As I wrote, “The post you’re now reading could very well represent the final story we write about Reema Bajaj…. We will miss writing about this colorful young woman, but we wish her the best in getting on with her life and her law practice.”

I spoke too soon. Now Bajaj is back — with a vengeance….

Note the UPDATE at the end of this post, based on comments from Bajaj’s counsel.

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Two factions of the legal profession seem louder than the others — those wallowing in the past, the ones spending their days blaming their law schools for forcing them to attend based on the promises of wealth and happiness, and those predicting the future of law who want you to believe that if you know now how the practice will be 10 or 20 or 500 years from now, it will help you today.

So tell me, which one has helped build your practice: whining about the past, or thinking about how things may be in the future?

I like to live in the present, while remembering the mistakes of my past and knowing that the future will eventually be here, and I may not.

But when I talk about the present, how I do things, how people I respect do things, I often hear that “those things don’t work anymore.” You haven’t tried “those things,” but because someone you don’t know seems to have the best crystal ball (at a reasonable price), they know better.

Most of you are looking to make money now, not in “the future of law,” and knowing that in reality, bitching about the past does nothing — even if you are delusional enough to think anyone cares….

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We all know by now just how many atrocious lawyer websites there are out there. Whenever I see a tip show up in my inbox about legal advertising, I prepare myself for yet another round of “What Were They Thinking?” But every once in a rare while, someone comes along who has mastered the advertising game. It takes a special talent to know what is just the right amount of crazy to be awesome.

It occurs to me that before today I never stopped to ask myself the important question, “What might Shaft’s website look like if he were a lawyer?” Which is unfortunate, because now I know the answer. And it is good.

So who is the man that would risk his neck for his brother man? Carl B. Grant. Right on.

Kids, it’s time to turn up your speakers, sit back, and enjoy the greatness that is Carl B. Grant, if you can handle it.

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From your only source of knowledge anymore Wikipedia:

“A hobby is a regularly undertaken activity that is done for pleasure, typically, during one’s leisure time. Hobbies can include the collection of themed items and objects, engaging in creative and artistic pursuits, tinkering, playing sports, along with many more examples. By continually participating in a particular hobby, one can acquire substantial skill and knowledge in that area.”

Although unintentional, a hobby is one of the best marketing tools around.

Oh, now I have your attention?

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1010 Fifth Avenue is just steps away from the Metropolitan Museum of Art (visible in the background).

Biglaw isn’t the only source of big bucks. In fact, some of the wealthiest lawyers in America are plaintiffs’ lawyers who work on their own or in small law firms.

But you don’t need to be a plaintiff-side lawyer from Texas to strike it rich. A partner at an elite litigation boutique in New York just bought an apartment once owned by a famous business mogul.

Let’s see what $12.5 million buys in the Big Apple these days….

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Living in a post-Oprah Show world is tough for people like me. Oprah was the one who convinced many that no matter what happens in your life, it’s not your fault. There’s always how your mother treated you, how you were bullied in third grade, your bad relationships, and, of course, the law school that held a gun to your head while showing you fake statistics and promising a job handed to you at the same time you shake the dean’s hand and receive your degree.

While I believe anyone stupid enough to choose a law school based on their job placement statistics should never, ever, ever, be a practicing lawyer, there are many of you out there. Even though you should run as fast as you can to another profession or career, I want to help you at least try to find a legal job so in a year you can realize that the real problem is that you never wanted to be a lawyer anyway — you were just looking for some easy cash, like everyone promised.

As a favor to you, and for the five-figure fees I receive at ATL for writing this column, I provide these little nuggets of weekly advice which are both appreciated (privately) and excoriated (anonymously). I realize one of the problems that causes seemingly intelligent people with law degrees to respond with unintelligible rants about how I “don’t understand” is that I am actually working, as a lawyer. As misery loves company, there is the notion that because I’m not sitting in my parents’ basement lashing out at the computer screen in an effort to convince people not to go to law school, I am just wrong.

So before you throw in the towel and go to that world of becoming a social media rock star, I want you to know that I’m not the only one out there giving you advice that does nothing but anger you. There’s also Anna Ivey….

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Working at a small law firm definitely has its perks. You’ll be able to get to know most, if not all, of the partners on a one-on-one basis; oftentimes, you’ll be able to bring in clients to the firm as a mere associate; and perhaps most importantly, your job won’t make you hate the law quite as much, because the overall environment will be more friendly and collegial.

But on the flip side of that analysis, such collegiality can sometimes lead to misplaced casualness in terms of emails about office behavior. It’s just that your office is so small that sending off-the-cuff nastygrams can become commonplace. You’d be surprised how quickly an email request that others not use your french vanilla coffee creamer can turn into an f-bomb-laden screed.

So you can only imagine the kind of email that would be sent if there was a nasty stench pervading the nostrils of all who inhabited the office….

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Tom Wallerstein

I’m not kidding myself that anyone will notice, but I still feel bad about missing my second consecutive post. My trial that was expected to last five days is entering its third week.

Some trials are more demanding than others, and at this point I’m thoroughly stuck in the trenches. Trial days can be awfully long days, and stressful. When you’re going from day to day, just letting it ride, it’s hard to justify taking the time to write a full-fledged blog post.

I’m hopeful that when the dust settles I will be able to extract some helpful takeaways that will provide fodder for future columns. Until then…


Tom Wallerstein lives in San Francisco and is a partner with Colt Wallerstein LLP, a Silicon Valley litigation boutique. The firm’s practice focuses on high tech trade secret, employment, and general complex-commercial litigation. He can be reached at tomwallerstein@coltwallerstein.com.

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