http://www.nytimes.com/2010/01/17/fa...lawyer.html?em
This NYT article chronicles the shock waves that appear to be traveling through young big law associates and law students as the reality sinks in that law is, in fact, a business and law firms have to deliver value to clients, particularly in tough economic times. Apparently, it was not previously well known that the practice of law is not just something you show up to every day and walk home with bags full of money.
I think that teaching lawyers about the realities of the business of law is something that law schools should get focused on because apparently it is not well understood by many of its young practictioners. I'm curious to know from those of you in big law (I know we have both partners and associates here) whether associates are sheltered from the economic realities of the business and if so why. It certainly sounds to be from reading this article that lot of the whinyness results from ignorance.
One of the strangest comments in the article was from a young associate who says "I would love to leave but there are no in house jobs so there just isn't anywhere to go." I would be willing to bet that if you added up all the big law jobs plus all the in house jobs it would be less than 10% of all the attorneys in this country. Could be less than that. I know that all new grads are like children in a lot of ways and just have to learn, but I don't ever remember being this insulated from reality.
This NYT article chronicles the shock waves that appear to be traveling through young big law associates and law students as the reality sinks in that law is, in fact, a business and law firms have to deliver value to clients, particularly in tough economic times. Apparently, it was not previously well known that the practice of law is not just something you show up to every day and walk home with bags full of money.
I think that teaching lawyers about the realities of the business of law is something that law schools should get focused on because apparently it is not well understood by many of its young practictioners. I'm curious to know from those of you in big law (I know we have both partners and associates here) whether associates are sheltered from the economic realities of the business and if so why. It certainly sounds to be from reading this article that lot of the whinyness results from ignorance.
One of the strangest comments in the article was from a young associate who says "I would love to leave but there are no in house jobs so there just isn't anywhere to go." I would be willing to bet that if you added up all the big law jobs plus all the in house jobs it would be less than 10% of all the attorneys in this country. Could be less than that. I know that all new grads are like children in a lot of ways and just have to learn, but I don't ever remember being this insulated from reality.
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