Today we resume our series of open threads about small law firms focused on different areas of practice. For background on the series, see this post.
We’ve received lots of positive feedback on the series. Here are some representatives comments from the last thread, on insurance law:
54 – This is a GREAT GREAT GREAT thread – please do more. I’d be interested in seeing threads on immigration practice, real estate practice, prosecution and public defense (state/municipal, not federal – reality check here – the DOJ is not an option for 99% of attorneys).
86 – [K]eep open threads on small law like this coming! They’re informative for everyone, whether or not they are interested or not in working in such an area.
94 – This is a good thread. (I can’t believe it.) Thanks to the veterans who are providing substantive info and advice.
Our latest practice area for focus: PERSONAL INJURY LAW.
If this subject interests you, read more after the jump.
The comments on last month’s post about small law firms were uncommonly good. Readers shared valuable insights and information about life beyond Biglaw, including discussion of the pluses and minuses of working at a small — or smaller (size is relative) — law firm.
One commenter — after pointing out that non-Biglaw firms come in many shapes and sizes, making it hard to generalize — had this excellent suggestion:
You know what would be really helpful? A variety of open threads on different types of small firms. Do one or two threads a day getting people’s input on salaries in boutique regulatory firms, other types of transactional, plaintiffs firms, insurance defense, class action boutiques, whatever.
As someone that’s focusing my search primarily on small firms, it’s been really difficult trying to get a sense of what my salary demands should be. Short of asking my friends how much they make, the information really doesn’t exist in any useful form. A variety of open threads focusing on specific practice areas and what people can expect for salaries and benefits would probably be really beneficial to many readers.
Salary demands? How about just hoping that you have a salary?
But we like this idea for an occasional series of open threads, focusing on small firms with different specialties. Today’s topic: firms that practice INSURANCE LAW.
If this interests you, read more after the jump.
Ed. note: Welcome to the latest installment of “Notes from the Breadline,” a column by a laid-off lawyer in New York. Prior columns are collected here. You can reach Roxana St. Thomas by email (at roxanastthomas@gmail.com), follow her on Twitter, or find her on Facebook.
Dear Lat,
Thank you so much for the back-to-school care package you sent when I started classes at Solo Practice University! I must ask: where did you find the Wonder Twins pencil box? I absolutely adore it, and I love the Trapper Keeper (and the puffy stickers with googly eyes!) you picked out. I am also crazy about the Dukes of Hazzard lunchbox, and the note you included was very thoughtful. (I’m not sure that “Knock ‘em dead!” is appropriate advice for a lawyer, but why split hairs?)
I’ll address, seriatim, the questions you posed in your enclosed letter. Regarding your first question (“What are you going to wear on your first day of class??”), I had a hard time deciding between the plaid skirt, button-down shirt, and penny loafers you helped me pick out when we went back-to-school shopping, and something a little more casual, like the Guns ‘n Roses t-shirt and holey jeans you turned your nose up at when I was modeling outfits. (I believe your exact words were “If you think you’re leaving the house dressed like that, young lady, think again,” and “If I put a 7-11 hot dog and a Slurpee in your hand, you’d look like Britney Spears – on a bad day.”)
But that, my fashion-forward friend, is the beauty of Solo Practice University: I don’t have to leave my house to go to class. Susan Cartier Liebel, the headmistress of Solo Practice University, calls it “carpet commuting,” but since, as you know, I live in true Manhattan-style squalor and thus do not have a carpet, I simply call it “convenient.” In any event (and because I also do not have an air conditioner), I opted for a tank top with a large coffee stain on the front, and shorts. Though I was certain my mother would pop out of the closet, smack me on the back of the head, and remind to “dress for the job you want,” she did not make an appearance. The cats, however, channeling her disapproval, looked at me with disdain.
As for your second question, things here at Solo Practice University, or “SPU,” as we call it on campus, are going well. The classes that SPU has to offer are – at this point – too numerous to list here, but as you know, they are divided four general areas: Substantive Law, Marketing and Management, Technology, and Work/Life Balance. In fact, the course content is so voluminous that I spent a few undignified minutes wringing my hands, uncertain about where to begin. (Again, the beauty of SPU is that no one can observe, firsthand, your minor meltdowns.)
No, Lat: there’s no need to start gathering piles of Zoloft for my next care package (although a little Valium never hurt anyone – let’s talk later). It turns out that my generalized anxieties, and the sense of being overwhelmed by the nuts and bolts of solo practice, were a valuable object lesson. Many people, Susan told me, are derailed by their fear of solo practice. One of her goals, therefore, was simply to “demystify” the reality of lawyering without a net. This led me to a minor, but useful, epiphany about one of my perceived barriers to solo practice: my fear of commitment.
Ed. note: Welcome to the latest installment of “Notes from the Breadline,” a column by a laid-off lawyer in New York. Prior columns are collected here. You can reach Roxana St. Thomas by email (at roxanastthomas@gmail.com), follow her on Twitter, or find her on Facebook.
As the summer drifts by with no sign of viable employment prospects, I realize I am suffering from a pernicious affliction which, while common amongst lawyers, has reached epidemic proportions here in the breadline. In a word, the problem is this: slavery.
No, friends: I’m not referring to the kind of involuntary servitude expressly prohibited by the Thirteenth Amendment (of which I am not, of course, making light). I’m talking about the unique bondage of the BlackBerry, which ensnares us with invisible, but often impermeable, shackles. Or, if you are infinitely cooler and have an iPhone, there’s probably an app for that.
Following this realization, I resolve to develop a more normal relationship with my BlackBerry. No one is calling or emailing to offer me a fantastic job, I remind myself. Being hyper-attuned to the blinking red light that would, in theory, alert me to new messages or missed calls has not, thus far, caused any new messages or missed calls to materialize. So, I decide, I will take the bold step of leaving my BlackBerry at home when I go out to do errands.
“Don’t worry,” I say to the device anxiously, as I prepare for a Berry-free outing. “I won’t be gone long.” In some cultures, offering reassurance to a phone might be considered … well, strange. But those cultures, I tell myself, are judgmental and parochial.
Alas, my leap of faith is rewarded with an email from a recruiter looking to fill a temporary position “ASAP!!,” and although I send him my resume as soon as I can, he writes back to tell me that the job has already been filled. Irritated, I notice that I have also missed a call. When I check my voicemail, there is a message from a former colleague. “You didn’t respond to the Evite, Roxana,” she says. “I hope you didn’t forget about our reunion dinner tomorrow night.”
The dinner she is referring to is a yearly gathering for alumni of a Big Law Firm where I once worked — which, in fact, I forgot about. But, while I usually look forward to the event, I find myself regarding it with dread. How many times will I have to announce that I was laid off? How many questions will I have to answer about my job search? What if I’m the only person there who is unemployed?
Starting your own law firm: it isn’t for everyone. Some of you may recall that Roxana, of Notes from the Breadline, viewed herself as ill-suited to solo practice.
But many other lawyers do want to strike out on their own. And some attorneys, faced with the difficult legal job market, decide that they have no choice but to hang up a shingle.
The final panel of Tuesday’s conference, Getting Back in the Game: How to Restart Your Career in a Down Economy, was devoted to the subject of how to start and grow your own law firm. Four successful solo or small-firm lawyers told their stories and offered advice.
Read about the discussion — covering such nuts-and-bolts topics as office space, malpractice insurance, and how much it might cost to set up your own firm — after the jump.
Yesterday, the Exquisite Rap Duo dropped a new album. What’s especially exquisite about the album is that it’s the work of Anthony McNamer, an IP attorney in Portland, Oregon.
McNamer is a ’95 Stanford Law grad who has worked for Bingham McCutchen and for Davis Wright Tremaine, clerked in American Samoa, and founded his own small three-person firm, McNamer and Company, five years ago. The firm does IP work and media, entertainment, and sports law.
“I’m probably the biggest music lawyer in Portland… but that’s not saying much,” McNamer told us. He is also on the short list for most extreme athletes looking for a lawyer, he said, representing them when sponsorship deals go awry or in “right of publicity” cases.
McNamer sent us an e-mail last week to let us know about his “rap group” and debut album:
You don’t hear about many big firm lawyer to rap group transitions. Word.
Apparently, McNamer is unaware of his East Coast rival, Mekka Don, who went from being a Weil first year to being a self-proclaimed savior of hip hop. Word.
We surfed over to his website and listened to some of the songs. As for our favorite, we’re torn between the one about not being able to look tough on a BMX bike and “Best Friends with a Gay Dude” about his college best friend coming out after graduation, which McNamer informed us is 100% autobiographical. The latter includes samples from Cher’s “Believe.” If you haven’t guessed yet, McNamer’s rap has a funny side. But he doesn’t consider his work to be pure novelty. “I don’t want to be Weird Al,” said McNamer.
We also watched the music video for Calculator Watch; the humorous approach reminded us strongly of Law Revue videos. We followed that hunch and discovered during our interview that McNamer was once a lead writer for Stanford’s version of Law Revue. None of the songs on Nine Mile (We Go The Extra Mile) employ legal humor, though. “I know from doing [Stanford's Law School Musical] that law stuff isn’t very funny,” said McNamer.
We spoke to McNamer yesterday about his music, founding his own law firm, and how his legal career will help boost his musical stylings. Check out his video and the beauty of having your own firm in Portland — HINT: his target for weekly billables is 15 hours — after the jump.
The number of attorneys looking for jobs continues to grow each month. And we can’t help running into them in New York, ground zero for attorney layoffs. We asked one Thacher refugee whether he had thought about banding together with other jobless legal eagles to start their own venture. “Too junior, not interested,” he replied.
Well, that’s not stopping two recent law grads from the University of Missouri-Kansas City. The Kansas City Star reports that Sarah Buckley and Alexandra Hutchings were unable to find work after passing the Missouri bar exam last year, so they’ve started their own firm: Buckley & Hutchings, LLC:
The question remains, though, whether they are an exception or — as more law school grads find a serious shortage of law firm jobs — the start of a trend.
Are these bright-eyed, bushy-tailed UMKC grads blazing a novel trail? More after the jump.
We are delighted to announce that the Firm will pay special bonuses to all U.S. attorneys, in the amounts set forth below.
Class of 2000: $60,003
The special bonuses will supplement the Firm’s normal year-end U.S. bonuses. In lieu of special and year-end bonuses, U.S. attorneys may opt for a 100% equity stake in the Firm.
It is our pleasure to work with such an extraordinarily talented, quick-witted, well-read, handsome, modest group of lawyers. Thanks to your hard work, 2007 has been the Firm’s best year ever. While our securitization, antitrust, environmental, mass tort, tax, trust and estates, and patent litigation practices remain nonexistent, our bankruptcy/restructuring and general corporate practices have flourished. Profits are up infinity percent from 2006. We look forward to seeing you all and celebrating this year’s successes at the holiday party at “Go Sushi” on 51st and 9th.
The Firm urges you not to circulate this memo to muckraking legal tabloids such as Above the Law. We recognize that our special bonuses exceed those offered by Cravath and others, and we don’t want to hurt their feelings.
It’s not as great as this lawyer ad. Nor does it rise to the level of the Nixon Peabody non-theme song.
But this lawyer advertisement, spotted in a Houston area convenience store, is pretty cute. And in a world in which software license agreements have choice-of-law clauses like this one, who’s to say that it won’t be effective?
(The attorney behind the ad is Wayne Heller, who appears to be a solo practitioner focused on criminal defense work.) Trust me, I know… [Flickr] Wayne A. Heller [FindLaw Lawyer Directory]
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
LexisNexis and OverDrive®, the digital library solutions provider chosen by 22,000+ libraries, schools and colleges worldwide, have joined forces to provide a library management solution that suits evolving legal research requirements mobility, simplified library management, and space and budget reductions.
Reduce your library costs and extend the budget.
With LexisNexis® Digital Library, overhead and administrative costs for maintaining a print library are reduced dramatically. Adopt an easy-to-use platform that requires minimal staff resources so your organization can make the most out of your library budget. Plus, multi-year purchase options let your library lock in savings.
Empower your librarians.
Your firm’s librarians will have more time to conduct value-added research. They’ll have greater insight into what resources the staff actually uses so they can make adjustments to the collection quickly using a single website. Librarians can gain greater control, which can lead to better library utilization and increased strategic value to the firm.
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: asia@kinneyrecruiting.com.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
The traditional job application and interview process can be impersonal, and applicants often struggle to present themselves as more than just the sum of their GPAs, alma maters, and previous work history. ATL has partnered with ViewYou to help job seekers overcome this challenge. ViewYou NOW Profiles offer a unique way for job seekers to make a personal, memorable connection with prospective employers: introduction videos. These videos allow job candidates to display their personalities, interpersonal skills, and professional interests, creating an eDossier to brand themselves to potential employers all over the world. Check it out today!