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Stunt Rock posted:If anyone is a UCC expert I have something I could use some advice on. Which article(s)?
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Nov 23, 2010 17:40
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entris posted:...and isn't this the same model that is currently under attack? Under attack by everyone not a partner at a BigLaw Firm, yes.
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Nov 23, 2010 18:46
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Petey posted:Lots of client turnover in that. I'll still be soloing it up though. At least I should be thankful for all the dementia'd out Baby Boomers and their greedy issue.
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Nov 23, 2010 19:26
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Vander posted:Which article(s)? Article 2 sale of goods.
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Nov 23, 2010 19:41
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Skadden is matching Cravath http://abovethelaw.com/2010/11/associate-bonus-watch-skadden-matches-cravath/#more-46082
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Nov 23, 2010 19:54
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urmomhasaids posted:I have gone to law school specifically with the desire to practice elder law....where are these (non-solo) jobs? Was this a serious post? I know a little bit about elder law and the firms that do it, if you want to chat about it on PM.
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Nov 23, 2010 20:38
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Roger_Mudd posted:Under attack by everyone not a partner at a BigLaw Firm, yes.
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Nov 23, 2010 20:52
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Stunt Rock posted:If anyone is a UCC expert I have something I could use some advice on. What's the question? edit: I know a lot more about article 9 than article 2.
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Nov 23, 2010 20:57
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nm posted:Remember that every dollar not paid as bonuses to lowly associates gets paid to the partners. And they would hate to not be able to buy their kid a new car for christmas because some associate wants to buy a car of his own with that bonus. A BLOOOO I forgot to buy myself a car with my 180k salary
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Nov 23, 2010 22:29
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Defleshed posted:A BLOOOO I forgot to buy myself a car with my 180k salary You'd think that someone who gets to drive tanks would be a little more sympathetic toward folks who just want a hyundai.
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Nov 24, 2010 00:47
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builds character posted:You'd think that someone who gets to drive tanks would be a little more sympathetic toward folks who just want a hyundai. I wish I got to drive tanks I would use one to run over law firm associates!
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Nov 24, 2010 01:09
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Defleshed posted:I wish I got to drive tanks I would use one to run over law firm associates! Joke's on you, they're all in tall office buildings and your tank wouldn't fit in the elevator!
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Nov 24, 2010 01:27
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Won a 1538.5. (motion to suppress) Wooo Wooo. Rarer than winning a trial.
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Nov 24, 2010 01:35
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I hate (old) lawyers. Opposing counsel and I agreed to something on the record before the judge, and planned to memorialize the agreement later. Opposing counsel apparently "forgot" what our agreement was, and insisted it was different than I remembered. Luckily, it was on the record so I called the court reporter and got her to fax us both a copy of the portion of the record with the disputed provision on it (showing I was right  ). I figured opposing counsel would be reasonable once confronted with his own words from the official court record.Big mistake. Opposing counsel pitched a bitch fit, insisted "I don't care what's on the record you knew what the agreement was" and "I've been practicing law before you were even born" and wanted to have a telephone hearing on the issue today with the judge. I told him that wasn't happening as I wasn't in the mood to re-litigate the issue, and the agreement was enforceable as is. Opposing counsel issued veiled threats that some sort of bad litigious thing would happen if I persisted so I hung up on him. 45 minutes later I get an email from his office with an agreement containing the correct language. How long do I have to be in practice before I don't have to deal with this poo poo anymore?
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Nov 24, 2010 02:41
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Watching ESPN reminds me that when I was in college one of my advisors said I should go to law school because even if I didn't want to be a lawyer I could still go into sportscasting, "like Jay Bilas."
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Nov 24, 2010 03:04
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SWATJester posted:My company was "served" today with a lawsuit by a crazy guy....his method of service (for a federal suit) was by email with an embedded youtube video. Try working in public interest law, this sort of thing will be your every-day office routine. Oh, the stories. urmomhasaids posted:I have gone to law school specifically with the desire to practice elder law....where are these (non-solo) jobs? If you're working at an elder law practice, you're probably working for a boutique firm, with fewer than 5 lawyers; it isn't something BigLaw firms seem to really do, it's a specialty practice for specialty firms, and one where you might make a decent living but won't exactly be polishing your extra jaguars on the weekends. Your state bar may have an Elder Law section, join it and attend meetings, so you get to know the other, more senior Elder Law attorneys practicing in your area. If you can't get a job directly for a firm that says "elder law" on the front door, try for any related subfield -- wills, probate, disability law, -- and then try to make the hop over once you've got some experience. Public interest law is actually a pretty good starting place, because there's a lot of overlap -- lots of poor people have problems with government benefits, or need an estate straightened out, or have a crazy relative they want to be guardian for, or whatever -- and there are a number of legal services attorneys attending meetings of my state bar's elder law committee. Most of the people practicing explicit "Elder Law," though, are small/boutique-firm lawyers who were practicing estate/trusts/real estate law and branched out when all their clients started asking about how to become Medicaid eligible without losing their house. It basically breaks down into three fields -- estate/trusts, government benefits eligibility/issues (SS/SSDI, Medicaid, Medicare), and guardianship/conservatorship ("I don't think Grandma should still be driving, what can I do?") Calenth fucked around with this message at 06:44 on Nov 24, 2010 |
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Nov 24, 2010 05:41
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So here at Northwestern we just finished/are finishing our primary research memo assignment for our writing/research courses. I found much of the process kind of... we got about 3-4 times as much time as we really needed to finish the memo, so I really am left with no idea of how much time it really takes to write a real memo. How much time does it take to write a real memo? For reference this one ended up around 15 pages.
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Nov 24, 2010 06:30
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At Cooley, the Innocence Project clinic shares office space with the elder law clinic (which for the record, consists of prissy babies who are incapable of cleaning out the shredder when it gets jammed and who freak out as soon as they hear you talking about finding pubic hair). At any rare. in addition to the three major areas already mentioned, I recall that they did a lot of landlord/tenant stuff, too.
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Nov 24, 2010 06:57
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I just tallied my total compensation (base + bonus) since I entered private practice. My annual raise year over year works out to about 2.4% because of the lovely bonuses for the last three years. Mother Fuckers. There's no way that makes sense. Fire a goddamned useless first year, keep half his pay, and give me the other half. Everyone worthwhile wins.
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Nov 24, 2010 08:38
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Mookie posted:I just tallied my total compensation (base + bonus) since I entered private practice. My annual raise year over year works out to about 2.4% because of the lovely bonuses for the last three years. It's hard for me to feel bad for you. Mostly I just read your posts and chuckle. What did you expect? A recession-proof position entitled to an endless progression of annual raises?
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Nov 24, 2010 13:20
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entris posted:It's hard for me to feel bad for you. Mostly I just read your posts and chuckle. What did you expect? A recession-proof position entitled to an endless progression of annual raises? When my billing numbers and production were recession-proof, yes. I'm pissed that the general lovely economy, which has not had any impact on my specific output, is being used as an excuse to gently caress me over because other people have seen falls in realization.
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Nov 24, 2010 15:29
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Direwolf posted:So here at Northwestern we just finished/are finishing our primary research memo assignment for our writing/research courses. I found much of the process kind of... we got about 3-4 times as much time as we really needed to finish the memo, so I really am left with no idea of how much time it really takes to write a real memo. Then you're probably doing it wrong. Ours was easy to write but editing it took forever. My time split was about 5% research/writing and 95% editing.
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Nov 24, 2010 15:50
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Mookie posted:When my billing numbers and production were recession-proof, yes. I'm pissed that the general lovely economy, which has not had any impact on my specific output, is being used as an excuse to gently caress me over because other people have seen falls in realization. Mookie, is this the first time in your life you haven't been treated like a unique snow flake? Start your own firm. 
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Nov 24, 2010 15:52
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Roger_Mudd posted:Mookie, is this the first time in your life you haven't been treated like a unique snow flake? Start your own firm. The treason has begun.
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Nov 24, 2010 15:58
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builds character posted:What's the question? edit: I know a lot more about article 9 than article 2. It's a moot point since it settled, but here's what happened.
None of this is in writing. Lawyer for Kid says those transfers require a writing as they are a sale of goods under Article 2 of the UCC. I disagree but don't want my clients to get sued. We reach a really fair settlement anyways, so it doesn't matter. But I was curious. Side Note: At some point, the Kid applied for a new title from the state, claiming that his old title was lost, stolen, or destroyed. Which is both criminal and civil fraud. So if we did go to court over this, it would have been reaaaaaaaaaaally bad for his client.
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Nov 24, 2010 16:20
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Mookie posted:There's no way that makes sense. Fire a goddamned useless first year, keep half his pay, and give me the other half. Everyone worthwhile wins. Law firms are far more likely to fire you than a first year. Cheaper and willing to be a bitch. Plus given the legal market, they had their pick of the cream of the cream this year, so he probably has better credentials. (Which means, long term they have more hope for him). (this is how managing partners really think)
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Nov 24, 2010 17:00
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Mookie posted:When my billing numbers and production were recession-proof, yes. I'm pissed that the general lovely economy, which has not had any impact on my specific output, is being used as an excuse to gently caress me over because other people have seen falls in realization. I'm sure you are quite hard-working and good at what you do. I'm suggesting that the BigLaw model has had inflated compensation arrangements for years, and now BigLaw clients are realizing that they don't have to put up with it.
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Nov 24, 2010 17:08
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Mookie posted:I just tallied my total compensation (base + bonus) since I entered private practice. My annual raise year over year works out to about 2.4% because of the lovely bonuses for the last three years. Actually I support this. First years are idiots and don't do what you need to do to be a great litigator: give campaign donations to judges. Mookie posted:The treason has begun. Want a clerk?
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Nov 24, 2010 17:33
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CaptainScraps posted:Actually I support this. First years are idiots and don't do what you need to do to be a great litigator: give campaign donations to judges.
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Nov 24, 2010 17:42
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Mookie posted:When my billing numbers and production were recession-proof, yes. I'm pissed that the general lovely economy, which has not had any impact on my specific output, is being used as an excuse to gently caress me over because other people have seen falls in realization. You lost bargaining power.
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Nov 24, 2010 17:47
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Mookie posted:When my billing numbers and production were recession-proof, yes. I'm pissed that the general lovely economy, which has not had any impact on my specific output, is being used as an excuse to gently caress me over because other people have seen falls in realization. Hmm. Perhaps, considering your genius and skill, you should consider your audience?
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Nov 24, 2010 18:28
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Stunt Rock posted:It's a moot point since it settled, but here's what happened. Yay, it really was article 9! everything is article 9 Physical collateral, perfection by possession, plus kid signed title over too. Your client can almost certainly foreclose on the collateral. The other side is stupid because it's not a sale of goods. The kid was loaned money and the car/truck was collateral to secure the debt. The uncle was also acting as the kid's agent in selling the car so maybe there's something there but until it was sold it's still collateral. If it were a sale then there would probably have been a single transfer of both assets or one transfer of funds for each vehicle. The other side could argue that the loan is invalid because it's not in writing but then there's a partial performance defense (and as a practical matter your client still has the cars and the other side still got the the money). Still, because it's family settling is probably for the the best. entris posted:I'm suggesting that the BigLaw model has had inflated compensation arrangements for years, and now BigLaw clients are realizing that they don't have to put up with it. economics  edit: nm posted:Law firms are far more likely to fire you than a first year. very close but I think marginally more accurate is they will keep mookie and fire someone else his year because they know mookie will pick up the slack. They will also defer hiring the first year for two more years. builds character fucked around with this message at 18:53 on Nov 24, 2010 |
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Nov 24, 2010 18:50
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Come on, though. There may be unemployed people in this thread, there may be students who've not yet gotten summer jobs. But this isn't to say Mookie doesn't deserve consideration/sympathy. From what I gather, he's worked his rear end off, to a degree I don't think I could even think about.quote:Cheaper and willing to be a bitch. Plus given the legal market, they had their pick of the cream of the cream this year, so he probably has better credentials. (Which means, long term they have more hope for him). As if Cravath doesn't in the first place. billion dollar bitch fucked around with this message at 18:55 on Nov 24, 2010 |
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Nov 24, 2010 18:50
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Direwolf posted:So here at Northwestern we just finished/are finishing our primary research memo assignment for our writing/research courses. I found much of the process kind of... we got about 3-4 times as much time as we really needed to finish the memo, so I really am left with no idea of how much time it really takes to write a real memo. It obviously depends on the subject matter and how long you've been doing legal writing, what kind of writer you are, and how familiar you are with the subject. Are we talking after the research and factual gathering has been done? Or starting from scratch? As a 1L or a law clerk? As you get more experienced, it shouldn't take more than a day to whip out a 15 page memo if you know the subject well enough.
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Nov 24, 2010 18:54
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billion dollar bitch posted:Come on, though. There may be unemployed people in this thread, there may be students who've not yet gotten summer jobs. But this isn't to say Mookie doesn't deserve consideration/sympathy. From what I gather, he's worked his rear end off, to a degree I don't think I could even think about. No doubt, but big law lock-step discourages this activity. The only economically rational reason I can see that big law-ers don't just coast for 6-24 months on their huge salary is they think they'll make partner. My understanding is very few associates ever make partner. That's why I suggested he start Mookie & Associates, at least his hard work would benefit him vs. padding the profit per partner stats at his firm.
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Nov 24, 2010 18:55
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Yeah that's a good point.
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Nov 24, 2010 18:56
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Roger_Mudd posted:No doubt, but big law lock-step discourages this activity. The only economically rational reason I can see that big law-ers don't just coast for 6-24 months on their huge salary is they think they'll make partner. My understanding is very few associates ever make partner. That's why I suggested he start Mookie & Associates, at least his hard work would benefit him vs. padding the profit per partner stats at his firm. At least on the transactional side, for the most part only institutional clients are willing to pay those kinds of rates and they expect a broad level of sophistication that is extremely difficult to maintain in a very small firm. So you'll get a guy who advises a small fund on everything it does but because the small fund is only ever a minority investor he's really just reviewing stuff a big firm drafted and telling his client what he thinks about it. He's never going to be able to advise Fortress on their deals because they're going to need a much larger team of lawyers for the kind of deals they do. I don't know how it works for litigation, but my guess is that it gets pretty comfortable at 200k+/year and lawyers tend to be risk averse. A friend of mine started his own white collar defense practice and is incredibly successful. He makes more than he used to at a firm and works about 1/5 of the time, all on his own time. But there's no certainty that his next case won't be his last. He's objectively quite good but also quite lucky. It's certainly not an experience I would recommend anyone else use as a model.
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Nov 24, 2010 19:01
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builds character posted:very close but I think marginally more accurate is they will keep mookie and fire someone else his year because they know mookie will pick up the slack. They will also defer hiring the first year for two more years. The 5-7's are known quantities at this point, often from lesser law schools. Even lesser firms are getting Harvard and Yale students now who at least they can brag about. The smarter firms are realizing that they can hire anyone they want now and they will gladly be their bitch because this is the only job prospect they have. It sounds like Mookie has been their bitch, so he's probably safe.
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Nov 24, 2010 19:25
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Feces Starship posted:Hmm. Ouch. Has the thread finally turned on our brightest star? Is Mookie no longer our favorite son? That very same callousness to the suffering of others is what lead to Mookie's amusing thread indentity (e.g. "skulls for the skull throne.")
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Nov 24, 2010 20:40
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It's because he showed weakness.
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Nov 24, 2010 20:54
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