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Solos And Small Firm Lawyers: What’s In Your Wallet? (Part III)
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Default is not the end of the world, it just really badly burns.
Lawyers loaded with loans weigh in, and some are unusually optimistic.
The relative newness of many consumer finance regulations makes for an interesting practice area.
This house is handsome and conservative -- just like its owner, Justice Neil "Silver Fox" Gorsuch.
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* Ben Wittes on James Comey's prepared testimony (which he'll deliver tomorrow): "the most shocking single document compiled about the official conduct of the public duties of any President since the release of the Watergate tapes." [Lawfare] * Could the Public Service Loan Forgiveness (PSLF) program be eliminated -- retroactively? Thoughts from Professor Gregory Crespi. [SSRN] * The California Supreme Court appears less than enthused about a ballot measure that would compel the courts to decide death penalty cases more quickly. [How Appealing] * Behind every great bestseller is... a tiger mother? How Amy Chua mentored J.D. Vance, author of Hillbilly Elegy (affiliate link). [The Atlantic] * Picking up on Shannon Achimalbe's post from earlier today, here's additional financial advice for young lawyers. [SoFi] * Legal technology is a godsend -- but what do you do when problems arise? [Reboot Your Law Practice] * Mark your calendars: one week from today, on June 14 in San Francisco, it's the Battle of the (Law Firm) Bands! [Family Violence Appellate Project]
Everyone's priorities and circumstances are different, but here are some general pointers.
Public interest work is important, but PSLF is not the best way to promote such service.
Something is seriously wrong when people are choosing their careers based on the amount of loan forgiveness.
Recent CounselLink upgrades integrate the full in-house workflow with the broader suite of LexisNexis products.
One of these legal eagles has a nine-figure fortune.
Meet a Biglaw associate (not partner) who earned more than $800,000 last year.
Your loan servicer doesn't care about you. Shocker!
Some of these lawyers are rich; others, not so much.
With stories like this, the concept of having a year in savings before starting a firm doesn't seem all that intimidating.