Pinterest

Since I began writing this column, I have been bitten by the entrepreneurial bug. After speaking with so many small-firm attorneys who talk excitedly about the challenges and rewards of owning their own businesses, I have toyed with the idea of doing the same. Because of my love-hate relationship with the practice of law, however, I have been trying to come up with other small business ideas. My latest brilliant business venture is a summer camp for unemployed people. Unfortunately, my dreams were dashed when a friend pointed out that my business was destined to fail because my target market had no money to spend on, well, anything. Boo.

Recently, I had the privilege of speaking with two attorneys who have identified a way to take advantage of the bad economy in a way that, unlike my plan, made financial sense. The idea is simple: offer in-house counsel seeking to reduce their legal fees reduced legal fees for the same high quality work. Yet another idea I wished I had come up with (note: I firmly believe that I created Pinterest because I started clipping stuff out of magazines in 1992)….

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As some of you may have heard, Pinterest is the newest social media craze sweeping the nation. The idea behind the site is to create a virtual pin board of cool crap you find on the internet and want to share with your friends.

I know, it’s totally new and unlike anything we’ve ever seen before!

The site is still in its infancy, but it’s already facing its first backlash/potential legal controversy, a problem kicked off a few weeks ago by a lawyer-slash-photographer who thought she noticed something fishy about the startup’s terms of service policy. Namely, how does a company protect itself when it’s arguably built on the premise of users sharing art they don’t own? Pass the buck, of course…

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