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Messages - jd2bee
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« on: April 24, 2008, 04:13:35 PM »
This is a little random, but has anyone gotten their transportation reimbursement check yet?
Nope not yet. Did they say 6-8 weeks?
« on: April 23, 2008, 12:20:19 PM »
On this Harvard note, I should also say that HLS has an AMAZING program for PhD/JD students who will go into teaching where you basically get both degrees for free. I believe the way the program works is that for your student loans (where typical government or private loans would be in your finaid package), you instead receive special Harvard joint degree loans. Then, after law school, they have a joint degree loan forgiveness program where for 5 years after graduation, 20% of your loans are forgiven each year. At the end of the five years (as long as you are in a teaching position), you owe zilch! Talk to Dean Stock about it - it's pretty phenomenal.
« on: April 22, 2008, 06:48:49 PM »
Everyone knows how much you love Stanford. Don't fight it. Besides no one at NYU plays gutair hero.
Well if the decision is based on that, then come to Harvard. I have Rock Band.
« on: April 21, 2008, 04:29:04 PM »
I am wondering this too. Also, is anyone else currently browing craigslist for apartments?
What do most people do as far as furniture?
I'm constantly looking at craigslist, and it's really hard since I have a rottweiler. Ugh - I'm probably going to come out in June again to look at more apartments. My boyfriend and I are bringing out furniture from California, but I know a lot of people sell furniture on craigslist as well...
« on: November 12, 2007, 04:52:59 PM »
No matter how they became "of counsel" (either partners who "retire" or partners who lateral into a firm that doesn't automatically make them partners), "of counsel" usually refers to an attorney at the partner level who, for whatever reason, does NOT have an ownership share of the firm.
I think that at big firms, "Of Counsel" are definitely not considered to be "at the partner level" except in terms of years having worked at the firm. At most large firms, "Of Counsel" are typically the folks that usually have no chance at becoming partners (haven't build their own client base, socially inept, rubbed people the wrong way, etc.). Often people will leave after becoming "of counsel" in hopes of lateralling somewhere else where they can become partner. People who are partially retired partners or partners who have gone part-time are often called Senior Counsel or something like that.
Also, note that at many firms, especially large firms, there are 2 different levels of partners. Non-equity, or "income partners" don't have an ownership share of the firm while equity partners do hold a share of the firm.
« on: November 12, 2007, 04:46:25 PM »
I disagreee as to salary. Come this next spring or soon thereafter, a bunch of firms will jump. Pretty soon, we're going to have a two or three-tiered market salary structure and DLA will be in the middle or lower-middle of that bunch.
It'd be worth looking into whether DLA even pays lockstep salary (guaranteeing the 10-15K increases in salary by year). Some firms don't. People don't talk abotu this enough.
I believe they do pay lockstep salary. And if there is a2 or 3-tiered market salary structure, I think DLA will be at least in the middle or upper-middle of that bunch. Bonuses might not be as high as some of the top-paying firms, but salary will be.
« on: November 12, 2007, 04:44:23 PM »
I certainly don't mean to discourage anyone, not that I think I did, but...
If you really think $160k is a lot of money and that it's worth the hours, talk to me in 5 years.
The fact is you can find a job straight out of college and within 5 years be making closer to $300k.
I sell tech for a living now. The guy who sits next to me works from 8:30-5:30, monday through friday. He's been doing this for 4 and a half years. He is pulling in $350k a year and doesn't have to work weekends, get emergency calls from clients in the middle of the night, or worry about work. He bought a house last year and paid it off this year.
He comes in, sells stuff to his customers, and goes home.
The point here is that there are jobs out there where you can make more. There are jobs out there that don't require much of an education.
I've only been doing it for 2 and a half years, and never really put too much effort into it, and I'm going to clear $75k this year. If I decided not to go to law school, I could easily be making 6 figures next year.
My girlfriends brother in law works where I work as well. He's been there 10 years. He makes close to $400,000 a year. His lawyer makes less than half what he makes. He bought property in a nice cushy suburb, raised the house that was on it and built a huge house on the property.
If all you want is to make money get your real estate license, move to a big city, and work for a few years. You'll make more money than a fresh faced law school graduate well before they graduate. Or go find a job in sales with a big company.
This is outright BS lol. If you make upwards of $150k per year you are in the top 10% of American households in terms of income. Get a clue.
Try living in California, New York, or another expensive major city, and then say that $150k is a lot of money. It's hard to own a home at all in Los Angeles unless you make about $150k per year, if you have a family to take care of.
« on: November 08, 2007, 05:30:20 PM »
I had a few OCIs where the interviewer used the terms interchangeably. However, the terminology of the position depends greatly on where the firm falls along the continuum - biglaw to solo. At biglaw, it's SA; at solo, it's LC. Right around midlaw (which differs ddepending on the city/location) the terms become intermingled and is probably a by-product of whether the people who started up recruiting came from biglaw or a smaller firm that used LC as the terminology.
At several biglaw firms that I'm familiar with, LC refers to employees that work while in law school (but not as a paralegal or anything, it's a distinct position). Usually during the third year of law school, after they've summered there, some work part-time and don't get paid as much as a summer or an attorney.
« on: November 08, 2007, 05:28:43 PM »
I've heard a number of things from various attys about DLA. I'll just pout off a number of things I heard... The main thing to know about the firm is that recently it has bought up a lot of firms to increase its share of the market. Some attys think that such a strategy may hurt the firm as a whole b/c they think that the firm may not have thought through/strategically made these moves. Another issue they had was that the firm doesnt seem to have an identity. The atmosphere will likely differ from one office to another at the firm too. It seems like mostly a bunch of different firms with one name presiding. Keep an eye on the revenue returns too, the profit-per-partner may have taken a hit from all this expansion.
PPP are over a mill I believe - they've gone up since the merger, not down, and they continue to rise each year. I think that at any huge firm, different offices will take on different personalities/atmospheres, as will any practice groups. The firm is growing, though, not just in terms of numbers, but in terms of client base, identity, prestige, etc. There are definitely drawbacks to working for any huge firm, but there are also benefits - easy to tranfer to different offices if you have to/want to move, great secondment opportunities, high profile clients, big impact with pro-bono projects.
If you have specific questions regarding the firm or specific offices, pm or email me - I can probably provide some good information to you as I have fairly strong ties to the firm.
« on: November 07, 2007, 03:00:59 PM »
Which office are you wondering about and which practice group? That will make a huge impact on the environment, people, vibe, etc. Also, the American Lawyer's 2007 Summer Associate Survey just came out and has some good info. Check out www.americanlawyerse.com
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