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We lucked out getting THREE Wills/Trusts/Estates questions in VA. NO Secured Transactions, NO Creditors' Rights, NO Negotiable Instruments. Oh well, I guess it was useful for me to study them a bit and learn somethin'
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# ? Jul 26, 2012 21:23 |
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# ? May 16, 2024 04:24 |
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The year I did Virginia, we had two questions on Equity of all things. It was awesome because I knew a lot about equity.
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# ? Jul 26, 2012 22:38 |
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Attention Texas takers: Albert defo made the promissory note payable to Danny instead of to the order of Danny. 1. Doesn't that mean its not negotiable? 2. How did I get to the point where I would ever know this or care to know this?
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# ? Jul 26, 2012 23:08 |
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HolySwissCheese posted:Attention Texas takers: Things you will remember about commercial paper a year from now: 1) Commercial paper is boring.
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# ? Jul 26, 2012 23:38 |
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Turned down the crazy collections lady. Got an offer letter from the LA class action torts firm. 58k/year with billing requirements that are pretty hefty; I'd be there 8:30 am to well after 6:30 pm. Health insurance premiums partly covered. This feels too low, especially considering it's at will and I'd have to relocate. Associates start out at around 90k in my home market, which is a secondary market that would not require a relocation. That would be $ 38,280 per year after tax. Assuming $1,200 in rent, that's $ 14,440 per year subtracted from my after tax, leaving $23,880 per year for EVERYTHING ELSE, or $1,990 per month, or $66 per day for everything; food, health insurance, car, drinks, whatever. Dang I wonder if I can live on that in LA. Martin Random fucked around with this message at 01:02 on Jul 27, 2012 |
# ? Jul 27, 2012 00:54 |
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Martin Random posted:Dang I wonder if I can live on that in LA. Arbitrary parking tickets are going to eat half that, you are a dead man.
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# ? Jul 27, 2012 01:05 |
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It works out to $23/hour, with hours so long that I won't get to have a life. One week of applying, two interviews, two offers. I can do better than this. For what it's worth, the crazy collections lady LAUGHED at me when I offered to work for her for 60k, in the much less expensive San Fernando Valley area. She said that was a ridiculously low salary and she couldn't consider paying an associate that.
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# ? Jul 27, 2012 01:27 |
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No profit sharing/bonuses for the class action firm?
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# ? Jul 27, 2012 02:11 |
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Martin Random posted:I'd be there 8:30 am to well after 6:30 pm.
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# ? Jul 27, 2012 02:15 |
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gret posted:No profit sharing/bonuses for the class action firm? Not unless I bring the case myself. I can do better locally. It's sad that my home town's lovely secondary market starts associates off at 30k above what their offer was, and has a far lower COL. There's got to be something wrong with that firm.
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# ? Jul 27, 2012 02:31 |
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Ani posted:These seem like pretty reasonable hours to be honest. Yeah that's not bad at all, unless "well after 6:30" means 8:30 and not 6:45.
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# ? Jul 27, 2012 02:35 |
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the warszawa, I expect to see you in a flag football game come October just lettin you know
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# ? Jul 27, 2012 02:46 |
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Martin Random posted:Turned down the crazy collections lady. $60k is pretty low for LA proper, but I know people dealing with that in LA who seem to be OK. Better to be employed as a lawyer not making much than sitting on your rear end. Easier to get a job if you have a job.
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# ? Jul 27, 2012 02:48 |
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Today went well. I dunno, don't feel too good about it on the whole but whatever. Probably my turn to be the thread pariah for a while anyway. Going to get wasted and be on the beach for the next three months - if you're in SD (Ling etc) let's chase skirts.
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# ? Jul 27, 2012 02:55 |
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sigmachiev posted:Today went well. I dunno, don't feel too good about it on the whole but whatever. Probably my turn to be the thread pariah for a while anyway. Going to get wasted and be on the beach for the next three months - if you're in SD (Ling etc) let's chase skirts. You did fine.
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# ? Jul 27, 2012 03:00 |
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Hey crankdatbatman, if you're still reading this thread, how's your USPTO training been going? I would just PM but it seems you don't have platinum, sorry to all my other law bros.
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# ? Jul 27, 2012 03:14 |
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we should have a pto drinkup one day
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# ? Jul 27, 2012 03:26 |
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Sounds good to me, now that I'm actually here I'm feeling way less neurotic about the whole thing than I was before!
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# ? Jul 27, 2012 03:45 |
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CaptainScraps posted:Things you will remember about commercial paper a year from now: And all I really care to know is if Albert's promissory note was negotiable.
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# ? Jul 27, 2012 04:28 |
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CmdrSmirnoff posted:Yeah that's not bad at all, unless "well after 6:30" means 8:30 and not 6:45. that's not that bad at all either
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# ? Jul 27, 2012 04:37 |
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Working twelve hours a day is A Bad Thing.
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# ? Jul 27, 2012 04:49 |
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Martin Random posted:Turned down the crazy collections lady. What do you consider to be a hefty billing requirement?
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# ? Jul 27, 2012 04:56 |
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I don't personally know this, but I'm guessing if revenue depends on billables, then 12 hours a day is pretty tough. Friend of mine works for this group in DC, she pulls 90+ hours a week. Insane.
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# ? Jul 27, 2012 04:57 |
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Whenever someone tells me they billed 2500 hours last year or were in the office 5am to midnight yesterday or something, I feel like they are looking for "wow good job thats impressive!" but all i can think is "oh my God you poor man"
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# ? Jul 27, 2012 05:08 |
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Omerta posted:What do you consider to be a hefty billing requirement? I consider anything above 2200 to be a high billing requirement worth a pretty significant salary given what you're giving up to be able to do that, and in order to pay for the inefficiencies that arise from a worker devoting that much time to work and not other maintenance issues like cooking cleaning and attending to personal business himself. That's where you need the salary - to pay for drycleaning, food prep, laundry services, conveniently located apartment, all the poo poo that makes you able to not spend time on day to day and instead be a crisp, neatly pressed billing machine. It depends on how they count them, but these guys are looking for 50 a week, or 2400 per year. Now that's nothing if you aren't honest with your hours, but if you're scrupulous, 80% of your time each day as billable hours is pretty good, which means to hit that target you're spending 12.5 hours per day in the office, five days a week, or about 9 hours per day in the office 7 days per week. 80% is a goal either something many attorneys aspire to or which is easily reached, depending upon your area of law. Big corporate lit associates can bill the time they're taking a poo poo, while midlaw transactional associates with clients that pay attention to their legal fees stop the clock to burp and forgive the client for time spent researching dead ends, etc. fougera posted:that's not that bad at all either I'm glad there are people like you out there to do all the jobs which require that sort of devotion and sacrifice. I haven't found a law job that is worth such a sacrifice, but maybe our priorities are different. Martin Random fucked around with this message at 05:44 on Jul 27, 2012 |
# ? Jul 27, 2012 05:41 |
I have a good job, and get paid way too much for what I work, and my well-suckled dick is this big x 100: 8=========================================================> Clearly I still envy Martin Random. BigHead fucked around with this message at 07:15 on Jul 27, 2012 |
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# ? Jul 27, 2012 07:13 |
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Martin Random posted:It depends on how they count them, but these guys are looking for 50 a week, or 2400 per year.
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# ? Jul 27, 2012 07:37 |
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What kind of Plaintiff mass tort firm has billable hour requirements? Do they do securities work?
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# ? Jul 27, 2012 13:02 |
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Roger_Mudd posted:What kind of Plaintiff mass tort firm has billable hour requirements? Do they do securities work? Yes. No. Yes. No. Was unable to get a clear answer during the interview.
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# ? Jul 27, 2012 14:40 |
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Nero posted:Whenever someone tells me they billed 2500 hours last year or were in the office 5am to midnight yesterday or something, I feel like they are looking for "wow good job thats impressive!" but all i can think is "oh my God you poor man" I remember when Mookie would post stuff like that and I would cringe. But he made a lot of money and seemed to thrive on that amount of work. But for me, no amount of money could compensate for having no life outside of work. I got out of practicing in large part to get away from billing pressure. Whatever happened to Mookie anyway?
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# ? Jul 27, 2012 15:46 |
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quepasa18 posted:I remember when Mookie would post stuff like that and I would cringe. But he made a lot of money and seemed to thrive on that amount of work. But for me, no amount of money could compensate for having no life outside of work. I got out of practicing in large part to get away from billing pressure. I think you answered your own question, there.
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# ? Jul 27, 2012 16:08 |
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quepasa18 posted:Whatever happened to Mookie anyway? I still am uncertain which $5,000 brief case I should buy.
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# ? Jul 27, 2012 16:13 |
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I'm on track to bill 2400+ but it's really not bad. my firm requires almost nothing in terms of non-billable time, so it's not like I'm working 10 hours to bill 5 hours. if I'm in the office, I'm billing. I think I have like 14 hours of work for the whole year that hasn't been billable. but the firm is also jammed with work. also being slow at work sucks; my friend just got stealth fired as a first-year.
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# ? Jul 27, 2012 16:17 |
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I'm on track to hit 2300 hrs But it's 60% nonbillable I hate my life
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# ? Jul 27, 2012 16:41 |
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Mr Gentleman posted:I'm on track to bill 2400+ but it's really not bad. my firm requires almost nothing in terms of non-billable time, so it's not like I'm working 10 hours to bill 5 hours. if I'm in the office, I'm billing. I think I have like 14 hours of work for the whole year that hasn't been billable. but the firm is also jammed with work. I'd punch myself in the eye with a fork if I had to work 2400 hours in a year. If I had to work that much, I'd have left the firm for an in-house position long ago.
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# ? Jul 27, 2012 18:46 |
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commish posted:I'd punch myself in the eye with a fork if I had to work 2400 hours in a year. If I had to work that much, I'd have left this miserable career path
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# ? Jul 27, 2012 18:57 |
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commish posted:I'd punch myself in the eye with a fork if I had to work 2400 hours in a year. If I had to work that much, I'd have left the firm for an in-house position long ago. really? that's like 50 hours a week over 48 weeks. I mean I could understand if you were working 70 hours a week to bill those 50 hours a week, but actually working 50 hours a week is very reasonable.
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# ? Jul 27, 2012 18:59 |
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USPTO guys, how do I nail the phone interview I have next week? It's for GS-7 chemistry. My understanding is that these lower level interviews consist of behavioral questions and basic understanding of what the PTO does.
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# ? Jul 27, 2012 19:02 |
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I have a hard time imagining ever being that efficient. Don't you go out for lunch? Or ever shoot the poo poo with people at work? Or read the news? I wish I could bill every hour I'm in the office, but it's not even close, and it also isn't really because of admin or investment nonbillables either.
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# ? Jul 27, 2012 19:07 |
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# ? May 16, 2024 04:24 |
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yeah, I do both (I mean look I'm posting right now), so there is some time on top. it's just that there is tons of poo poo to do. I always have work backed up in the pipeline, so I never spend any time, e.g., sitting around the office waiting for something to get kicked down. from talking to my friends at various firms, my understanding is that's where a lot of the wasted time is going. (that and crap like admin meetings, making firm newsletters, etc.)
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# ? Jul 27, 2012 19:11 |