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Feces Starship posted:but noble labours That's why it's so depressing, good men are forced to work under unacceptable conditions when carrying out some of the most important duties imaginable.
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# ? Apr 1, 2012 17:26 |
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# ? Jun 6, 2024 21:28 |
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Schitzo posted:Our professional liability insurer sent around their annual report a couple of weeks ago. I'm a junior tax lawyer, and noticed that, by volume, tax claims comprised 1% of all negligence claims last year. (Seems reasonable, the tax bar is pretty small). By contrast, real estate and litigation were like 30% each. Tax is nothing but a field full of malpractice landmines.
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# ? Apr 1, 2012 18:21 |
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Schitzo posted:Our professional liability insurer sent around their annual report a couple of weeks ago. I'm a junior tax lawyer, and noticed that, by volume, tax claims comprised 1% of all negligence claims last year. (Seems reasonable, the tax bar is pretty small). By contrast, real estate and litigation were like 30% each. I'm a 2L looking into Tax as a practice area. I'm trying it with my firm this coming summer, and I've taken Fed Tax and Corporate tax this year. What does Tax practice mostly consist of, day to day?
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# ? Apr 1, 2012 18:25 |
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woozle wuzzle posted:Yeah, I remember going through graduation with this feeling of impending doom. Like I was at a big happy party, but I knew nuclear war just started and I was waiting on the missile flight time. Good thing it's articling that's facing us next year. And the bar stuff, but we don't worry about that as much (not yet anyways although I know the frustrations that's coming my way). Grad was fun. Glad I went but having to eat banquet food while relatively sober is a terrible experience. I've been wonderfully drunk the last 4 times I've eaten a banquet dinner so I had forgotten how terrible it can be. I was trying to keep the drinking under control for my mom but I'm pretty sure she judged me when I went to pour myself a second small glass of wine. Side note, I got my first call from the provincial Law Society (so our Bar people) regarding an "error" on my application. Apparently, they'd rather have me lie about who's supervising me for my civil areas as opposed to being honest and saying it's still in negotiations. (I'm in a criminal firm so I have to go to another firm for a bit to experience the workings of civil law.)
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# ? Apr 1, 2012 18:43 |
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Lilosh posted:I'm a 2L looking into Tax as a practice area. I'm trying it with my firm this coming summer, and I've taken Fed Tax and Corporate tax this year. My day tends to vary depending on who I'm working for that day. To paint with a broad brush, the big areas are going to be either tax planning (corporate reorgs, trusts for wealthy individuals, etc.) or dispute resolution and litigation. Planning is mostly writing memos to clients proposing plans, chasing down necessary info (cost base of shares, etc.), and preparing the agreements and other documents to implement it. As a junior, it's mostly implementing the plans that someone much smarter than you has thought of, and trying to figure out how it works. Dispute resolution would be letter writing and appeals with the Canada Revenue Agency, taxpayer relief applications, the odd file that actually doesn't settle at the administrative level and gets taken to court.
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# ? Apr 1, 2012 19:50 |
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Schitzo posted:My day tends to vary depending on who I'm working for that day. To paint with a broad brush, the big areas are going to be either tax planning (corporate reorgs, trusts for wealthy individuals, etc.) or dispute resolution and litigation. Ahh, thanks! So there's a sort of transaction and litigation side to tax as well? Do people specialize in one or the other, or are most (like you) doing both?
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# ? Apr 1, 2012 22:30 |
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Lilosh posted:Ahh, thanks! I think the litigators are usually ok with the simple corporate matters, but the corporate guys aren't going to be dabbling with discoveries and the other nuts-and-bolts litigation matters. Tax litigation is a real niche within a niche.
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# ? Apr 1, 2012 22:58 |
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Schitzo posted:I think the litigators are usually ok with the simple corporate matters, but the corporate guys aren't going to be dabbling with discoveries and the other nuts-and-bolts litigation matters. Tax litigation is a real niche within a niche.
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# ? Apr 2, 2012 02:25 |
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I ask because I'd like to get through my future career (or at least the foreseeable future) without having to ever litigate anything if ever possible. From what you're all saying, it sounds like I hopefully should be able to do that.
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# ? Apr 2, 2012 05:17 |
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10-8 posted:On occasion I see tax planning guys try to litigate something and it has never ended well for them. Everyone thinks they can be Perry Mason with no practice. If I decide to go through the whole law process in the future, this will be my life's new goal: to be the Perry Mason of tax. Though the thought of ending up the Lionel Hutz of tax is what makes me hold off on that decision for now.
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# ? Apr 2, 2012 05:26 |
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how do I become the Saul Goodman of tax
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# ? Apr 2, 2012 05:34 |
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Aim for being the Gene Hackman of tax, and miss.
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# ? Apr 2, 2012 05:59 |
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My goal has always been to be the Elle Woods of intellectual property.
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# ? Apr 2, 2012 11:55 |
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All I want in life is to be the Phoenix Wright of animal law. https://www.youtube.com/watch?v=BdkHUwu1cHQ
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# ? Apr 2, 2012 11:59 |
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I want to be the Raymond Babbitt of criminal law.
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# ? Apr 2, 2012 14:31 |
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Jack McCoy of space law.
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# ? Apr 2, 2012 15:11 |
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Meatbag Esq. posted:My goal has always been to be the Elle Woods of intellectual property. I unironically want to be Elle Woods. That scene where she gets Chutney to admit she killed her father because there is no way she would've taken a shower after getting a perm? Brilliant. I also want to rock a pink suit. I'm going to watch that movie today.
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# ? Apr 2, 2012 15:41 |
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Lilosh posted:I'm a 2L looking into Tax as a practice area. I'm trying it with my firm this coming summer, and I've taken Fed Tax and Corporate tax this year. IP > all other bodies of law.
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# ? Apr 2, 2012 16:14 |
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I just want her job.
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# ? Apr 2, 2012 16:18 |
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Penguins Like Pies posted:I unironically want to be Elle Woods. That scene where she gets Chutney to admit she killed her father because there is no way she would've taken a shower after getting a perm? Brilliant. I've actually never seen the original movie. Only the musical when it was on MTV a few years back. I still
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# ? Apr 2, 2012 16:34 |
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Penguins Like Pies posted:I unironically want to be Elle Woods. That scene where she gets Chutney to admit she killed her father because there is no way she would've taken a shower after getting a perm? Brilliant. I didn't find that even remotely brilliant. Everyone should have picked up on that the moment she filed the report. It was painfully obvious. The fact that that was the big reveal at the end of the film cheapened the entire experience. How the hell would anyone miss that? "Oh I got a perm and then took a shower." Edit: However, Elle Woods is much better looking than most other law students/attorneys, so there's something to strive for. HiddenReplaced fucked around with this message at 16:52 on Apr 2, 2012 |
# ? Apr 2, 2012 16:47 |
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HiddenReplaced posted:I didn't find that even remotely brilliant. Everyone should have picked up on that the moment she filed the report. It was painfully obvious. Not everyone can be as smart and intelligent as you, okay? 15 year old me should have picked up on all of the foreshadowing and references the first and only time I watched the movie in its entirety. Legally Blonde isn't on Canadian Netflix and I don't own the DVD. drat.
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# ? Apr 2, 2012 17:19 |
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HiddenReplaced posted:I didn't find that even remotely brilliant. Everyone should have picked up on that the moment she filed the report. It was painfully obvious. The fact that that was the big reveal at the end of the film cheapened the entire experience. How the hell would anyone miss that? "Oh I got a perm and then took a shower." Hahaha yes of course! All those old male criminal defense attorneys should have totally picked up on the perm/shower inconsistency.
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# ? Apr 2, 2012 17:50 |
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Penguins Like Pies posted:Not everyone can be as smart and intelligent as you, okay? 15 year old me should have picked up on all of the foreshadowing and references the first and only time I watched the movie in its entirety. To be fair, I hadn't seen the film until about 2 months ago, and I had just gotten a perm. entris posted:Hahaha yes of course! All those old male criminal defense attorneys should have totally picked up on the perm/shower inconsistency. You're right, it's not like male perms were ever popula...oh wait. Also, the movie clearly establishes that Elle and her band of buddies spend tons of time going through all the documents and reports multiple times well before the trial. Yet, some how, no one picked up on it until the day of the trial. HiddenReplaced fucked around with this message at 17:58 on Apr 2, 2012 |
# ? Apr 2, 2012 17:50 |
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Penguins Like Pies posted:I unironically want to be Elle Woods. That scene where she gets Chutney to admit she killed her father because there is no way she would've taken a shower after getting a perm? Brilliant. My hair holds a perm like you wouldn't believe, so when I used to get perms I'd come home and immediately wash my hair to avoid looking like a poodle for the foreseeable future. And the perms still lasted for months. So there Elle Woods!
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# ? Apr 2, 2012 18:18 |
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# ? Apr 2, 2012 19:10 |
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Copernic posted:Unto you, thief, I give a clock, for you shall steal the very minutes from time itself. Unto you, wizard, I give electricity, so that you might cow the ignorant with your intelligence. Unto you, dwarf, I give a house, so that you might be built like a brick one while drinking your mead. Unto you, bard, I give music, because you're loving useless otherwise.
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# ? Apr 2, 2012 23:17 |
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lilosh check your email please
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# ? Apr 2, 2012 23:42 |
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Green Crayons posted:Unto you, barbarian, I give a key, for you shall drive this party forward. I appreciate this immensely.
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# ? Apr 3, 2012 00:19 |
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I have a situation where I represent 3 clients with the same cause of action against one defendant. I normally flat fee but I'm going to bill these folks hourly. How do I divide the time up ethically?
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# ? Apr 3, 2012 00:26 |
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Roger_Mudd posted:I have a situation where I represent 3 clients with the same cause of action against one defendant. I normally flat fee but I'm going to bill these folks hourly. How do I divide the time up ethically?
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# ? Apr 3, 2012 00:43 |
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Elotana posted:Multiply it by three, duh hahahaha *slowly drags razor over wrists*
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# ? Apr 3, 2012 01:22 |
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SWEET, the department of education decided to surprise me and take a stab at my income for IBR a full 15 days before their stated deadline for me sending them my tax return not sure what math they're doing that makes me think i'll have this $1,100 for them every month, i suppose i'll have to call them and ask them about this in the morning (don't go to law school, this is how much money the government thinks you need to make for you to pay back that loan and you probably never will) Ainsley McTree fucked around with this message at 02:14 on Apr 3, 2012 |
# ? Apr 3, 2012 01:52 |
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Roger_Mudd posted:I have a situation where I represent 3 clients with the same cause of action against one defendant. I normally flat fee but I'm going to bill these folks hourly. How do I divide the time up ethically? You got them all to sign waivers right?
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# ? Apr 3, 2012 02:33 |
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Elotana posted:Multiply it by three, duh No, divide it by 1/3 so then you're technically dividing the time among them. Then if someone finds out you just say you're bad at math. They will believe you since you went to law school.
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# ? Apr 3, 2012 04:22 |
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maskenfreiheit fucked around with this message at 03:59 on May 24, 2017 |
# ? Apr 3, 2012 04:40 |
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Cormack posted:No, divide it by 1/3 so then you're technically dividing the time among them. Then if someone finds out you just say you're bad at math. They will believe you since you went to law school. Am i a bad lawyer? I don't see much wrong with splitting it 3 ways, as long as none of the three has some unique issue that needs extra attention. Oh. Divide by 1/3, i get it. Well played. That probably would be enough for plausible deniability, especially if it has an assistant's name on it
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# ? Apr 3, 2012 05:54 |
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Green Crayons posted:Unto you, barbarian, I give a key, for you shall drive this party forward. This is great.
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# ? Apr 3, 2012 15:18 |
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Schitzo posted:Am i a bad lawyer? I don't see much wrong with splitting it 3 ways, as long as none of the three has some unique issue that needs extra attention. No, i honestly think dividing it by 3 and billing each of them is the correct way to do it, so long as whatever you're working on is useful for all three clients. So if you take 6 hours to do some background research and write a motion, you bill each client 2 hours. It might also be worth looking up some double-billing cases in your jurisdiction - I know you'd be in trouble if you billed each of your clients 6 hours in this example.
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# ? Apr 3, 2012 15:26 |
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# ? Jun 6, 2024 21:28 |
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Dividing by 3 is not the same as dividing by 1/3.
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# ? Apr 3, 2012 15:41 |