I would bet that at least half of you resolved to find a new job in 2012. And, for many, that new job means going out on your own. As with most New Year’s resolutions, however, such a measure may seem overwhelming.
Solo By Choice is divided into five parts: (1) The Decision; (2) Planning the Launch; (3) The Practice; (4) Solo Marketing; and (5) Solos in Transition. The sections offer information and advice designed for lawyers at all levels of experience, from new graduate to partner. A large portion of the book discusses new technology and social media. And to bring the message home, Elefant profiles successful solos and provides tips they learned in starting and running their own firms….
Somebody please tell him who the eff I is
I am Nicki [Bajaj], I mack them dudes up
Back coupes up, and chuck the deuce up.
(I have no idea what “macking … dudes up” involves. I just hope it’s legal in the state of Illinois.)
Is Reema Bajaj, the attractive solo practitioner accused of practicing more than law, trying to capitalize on the fame of Nicki Minaj, the rapper-singer-songwriter behind such hits as Super Bass (quoted supra)? It seems that Bajaj, the comely young Illinois lawyer who’s going to trial in March 2012 on prostitution charges, has rebranded herself as “Nicki Bajaj.”
Let’s hear from a tipster, and check out the exciting new website of Reema — er, Nicki — Bajaj….
I was talking to a friend who is a junior partner in a large firm, and who is thinking of starting her own firm. She knew what practice area she would focus on, and she had at least one client who she felt sure would go with her. But she still had two critical questions to resolve. First, she wasn’t sure if she wanted to open a solo practice, or if she would try to recruit someone to form a partnership. Second, she wasn’t sure if she would form a “virtual” office, or try to start a traditional “brick and mortar” shop.
With regard to her “solo versus group” decision, we talked about the differences in tax treatment, liability exposure, etc. But I offered her my opinion that another important consideration is the practical, day-to-day differences between running your own shop and being in a partnership….
Last week in Non-Sequiturs, we pointed you to a photo essay of some of the sketchiest lawyer billboards out there. From dogs, to eye patches, to crazy nicknames, these billboards are the epitome of what makes local lawyer advertising so painfully bad.
It’s tough to say which is worse — these misguided attempts at originality, or the overly earnest types who make lofty promises to fight for you and protect your rights. The serious advertisements are equally subject to mockery.
One Florida solo practitioner may have discovered the perfect approach. No over-the-top gimmicks, no vows to fight injustice. Just the simple, honest truth….
Back in August, Elie wrote something controversial (what else is new?) about the difference between black people and dogs. He thought that nobody believed that police needed to respond with deadly force to protect themselves from random dogs, whereas the same standard did not apply to random black men.
I’ve learned a lot in my one week here, reading comments from the anonymous miserable Biglaw associates who take a break from their “.1 review” of correspondence (e-mail) and “.3 draft correspondence” (one-sentence letter) to comment on ATL.
I learned the term “s**t law.”
I am a s**t law lawyer. I represent clients, real people with real problems. They need legal services. They need arguments made on their behalf. They need advice. They need something other than an edited “pre-bill” in the mail once a month. I love s**t law, and I love talking to Biglaw lawyers about their desire to join s**t law. And while I always thought lawyers that were smart enough to leave the confines of “.2 receive and review correspondence” law to strike out on their own practiced real law, I realize now that the Biglaw lawyers that tell me they hate their jobs, hate that they can’t bring in clients because they can only pony up $10,000 for a retainer, and want to have their own practice, are apparently all lying.
So this advice is for those of you who haven’t been brainwashed into thinking that the practice of law is on the 46th floor in a small office trying to meet the important goal of having the divorced-three-times 53-year-old partner walk by at 8 p.m. and see you there in the thick of it, preparing irrelevant motions to compel discovery for cases that will never go to trial. This is for those that can’t wait to leave, those that realize that no one can name the best Biglaw commercial litigator in their town, but can name the best of various types of s**t law lawyers. This advice is for those that want to practice law, and not feed the billable hour factory that is Biglaw….
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
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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: email@example.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.
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