Thursday, 23 March 2006

Law School: Queen's Law Life: Correlation between the average law tuition ($6,800) and the average law prof's salary ($136,634)?


There is an exellent article on Queen's Law Life looking at law tuition compared to law professor salaries. It is insightful commentary on the current state of law tuition. I found it very illuminating.

You may want to do some futher research into law school tuition at your school of choice. Is it comensurate with what you hope to get out of law school? Will it allow you to make the kind of money that you want to make?



One other comment that I would like to add to the matter is that law professors often begin their professorships with an LLM (Master of Laws). They do not require a PhD, although some do achieve this degree. It's true that you require two degrees before becoming an LLM candidate, and that many people consider the LL.B/JD equal to graduate school (i.e. a Masters level), but it is still worth considering that law professors do not require that PhD status. In fact, I had some professors who had been teaching for many years with only an LL.B. degree.

You can also find further discussion here and here (very interesting to me) on the LL.B / JD (Bachelor of Laws vs. Juris Doctorate of Laws) on Queen's Law Life.

Tuesday, 21 March 2006

Does Size (of Your Law Firm) Really Matter?

Lately I have been reading a law practitioner blog called Bridge and Tunneled, which chronicles the inner thoughts of a New Jersey lawyer who is fresh out of law school and having serious doubts about law as a career choice. I think this blogger, Nemorino (presumably a nom de plume), gets at the heart of what a lot of recent law school graduates anguish over. I'm sure there are other newbie lawyer bloggers out there filled with angst, but Nemorino's blog captures the essence.

Even the fact that Nemorino regularly apologizes for not posting more often rings true: modern law practice tends to suck you dry and leave little time for other pursuits, or even time for basic needs. There were occasions in practice when I did not get an opportunity to pee all afternoon, let alone engage in luxuries such as blog posts or phone calls to my wife. And no, that is not an exaggeration. For the record, I also once fell asleep at work while standing up, after billing about 33 hours straight.

So when Nemorino posted a comment to my March 20, 2006 post on big law firm salary increases, I thought a reply warranted its own blog post. Nemorino's question was as follows:

NEMORINO'S BRIEF AND TO THE POINT QUESTION: "Do you think it's better for a young lawyer to start in a smaller firm? I struggle with this question every single day and I'd be really curious to hear your thoughts."

MY SHORT ANSWER: The short answer is decidedly unhelpful and legalistic: it depends on how you define the word "better." So let me see if I can elaborate a bit.

MY LONG-WINDED PROFESSORIAL ANSWER: The long answer to this question is hopefully a bit more useful. Actually, it is a series of answers.

First, there is the question of what you'll be able to do as a junior associate. I surmise this is what Nemorino is getting at. It is generally true that at big firms you might get caught doing document review and legal memos, while a peer at a smaller firm might get to take depositions or even go to court. So as a general matter that perhaps weighs the balance in favor of smaller firms. But there are also large firms out there that push work down as much as possible, and with legal fees being so high these days I think that is becoming more common at big firms. That's what I saw occurring when I was in big firm practice, anyway.

Of course, the push-down rate for work at big firms also depends on what department you are in. Associates in specialty departments (e.g., IP, health care law) tend to get more client contact and cool assignments earlier than their peers trapped in the belly of the litigation or corporate department beast. So for them, much of the advantage of small firms disappears. I had great assignments and regular client contact practically from day one in my specialty international trade law practice--even though I was at big firms. It was fantastic experience: hands-on, and very exciting.

Second, there is the issue of mobility. Not just geographically, but within and between the various strata that make up the legal profession. The common wisdom when I was in law school in the 1990s was that it is easier to start at a big firm and migrate to a smaller one than vice versa. So if you want to maximize your mobility, start at the top. I think that remains generally true, although perhaps a bit less so than in the past.

Why is it still true? Because for better or worse, in law the perceived quality or prestige of a law firm (or government department, for that matter) is used a proxy for how desirable a lateral hire is. Some bigger firms have marquee names, and because they are bigger they are more more visible. So their name gives you cache if you try to leave. On the other hand, if you are with a small, 5-lawyer shop, the value of your proxy is generally less, although there are some small firms with high profiles out there.

So if you are looking for marketability--to move to another town or within your local community--a big firm carries more weight.

Third, there is the issue of mentoring. I think this one is a toss-up, since it is going to depend on the individual lawyers you work for, not the size of the firm. Some big firms have training programs that are abysmal (see my previous posts here and here), while others may not but still provide great individualized training. Small firms may offer more one-on-one time with senior attorneys, but don't assume that small firm or solo practitioners are not buried in work, because many are just as swamped as big firm lawyers (or even moreso) and have little time for mentoring.

The best mentor I ever had was at a big firm, and another excellent one was at a small firm for which I clerked one summer. The worst mentors I ever had were at a big firm.

The best I can say is to trust your instincts on this one. If a potential boss feels like a "good fit" professionally, chances are he or she is (no guarantees, however). Still, it doesn't hurt to nose around and see what other people think.

Fourth, there is the question of what practice area you want to be in. Some practice areas are better suited to big firms and big cities, and some are not.

For example, my practice area of international trade controls on the export side was not as conducive to small firm practice—at least at the junior level. And being in Washington, D.C. was almost a necessity as a junior attorney looking for on-the-job training in cutting edge matters.

On the other hand, on the import side there were a lot of successful boutique firms, as well as some departments in big firms, so that option was available to me when customs law was my primary focus early in my career. And there were (and still are) high quality customs law practices outside D.C.

The same can be said for white collar criminal defense or IP work--you can do it at big or small firms. But for learning about big, hairy corporate deals? Usually a big firm in a big city is better, although there are exceptions to that general rule, too.

Finally, make sure you are asking the right question! The question "Small firm v. big firm?" is a good one to ask. But should you instead be asking questions such as:

  • "Am I happy, or at least satisfied, doing what I do right now?"
  • "Could I really enjoy practice in my current area of law, or should I change practice areas?"
  • "Am I willing to put up with some of the less attractive aspects of law practice to get where I want to go in life?"

If the answers are "Yes," then that's great. However, if the answers to all of these questions are "No," then get out--or at least make a change within the field of law.

You have to really believe in what you are doing in the practice of law to make it worthwhile. Otherwise it is a long, hard grind that is not worth the cost in terms of time, pressure, stress, affect on family life, etc. I tell my students that there are always too many lawyers but never enough good ones. I suppose I could add that there are always too many lawyers but never enough happy ones.

So if your current line of practice is not worth the cost to you, then please do some serious soul-searching and make a change. Stability is not worth a withering soul, and I mean it, even if the result is financially difficult. Just do not make a move hastily. Think about it, decide you are sure, do your research, find a new position, and THEN leave. It may even take a few years to put together your move. But that's better than moving hastily and then going bankrupt. And in the meantime, you will be amazed at how calming it is to actually be doing something about your situation, instead of just feeling trapped. I say that from firsthand experience.

So I hope this post has been not only long, but also helpful. And I hope that in assessing your career and life goals and options, you ask the right questions and find the answers that are right for you.

Monday, 20 March 2006

Law Career Blog is on the Map

Well, this is cool. In my regular perusing of the blogosphere, I check Concurring Opinions, a very good Law Prof blog by a variety of blogging superstars with the narrowly tailored focus of "the Law, the Universe, and Everything." It always pays to keep your feet on the ground and your tongue in your cheek, I suppose. In a truly herculean post on that site, Professor Daniel Solove at George Washington has provided a census of currently known law prof bloggers, and my blog is on the list. Hurray for the internet! Not that I thought I was invisible, but it is nice to be noticed.

Again, Solove's post is a true monster, in the good sense of being excellent work product and highly interesting to boot. Check it out here.

Sunday, 19 March 2006

More Big Firms Raise Starting Associate Salaries

Law.com reports that a number of big law firms in Chicago have raised their starting associate salaries to $135,000. This move follows on the heels of increases by big firms in markets on the East and West Coasts, as well as some early movers in the Chicago market like KMZ Rosenmann, which hiked its salaries in January 2006. The Law.com article can be found here.

This increase means that, for better or worse, $135,000 is the new benchmark starting salary for blue chip firms nationwide. Some firms (notably in New York City and maybe on the West Coast) may pay more, as New York-based Skadden Arps is famous for doing. (Skadden is also famous for working its associates even harder than other big firms, by the way.) But $135,000 will be the new dividing line for recent law school grads choosing between elite firms and almost-elites.

Firms that pay less than this new benchmark will be perceived as not being in the upper echelon, which is disastrous when it comes to recruiting new hires. So any big firm that is not paying this rate will almost certainly move to it soon.

Some of my other recent posts on the topic of big firm associate salaries are as follows:

Friday, 17 March 2006

Law Eh? Law School in Canada - Second Edition

I have now started work on the 2nd edition of So, You Want to be a Lawyer, Eh? The title will be changed to Law Eh? Law School in Canada. Why? Because of the way in which search engines and online bookstore searches work. Changing the name will make the book more accessible to prospective and current Canadian law students. The new edition will be available in July/August 2006. I will keep you posted.

I am looking for feedback. What would you like included in the 2nd edition? Please leave your comments in the comments section, or give me an email.

Things that I will be adding are:

1. Words of Wisdom from more current and graduated law students from eastern (i.e. Ontario, Maritimes) law schools.

2. More information on alternative legal careers.

3. A section on what it is like to be a lawyer - i.e. why would I want to go into law school?

4. More commentary on the effects of rising tuition for law school.

5. I am also considering including a new law school ranking. However, this may be more useful to you as a separate publication. Let me know what would be better for you.

6. More information on attending law school in other jurisdictions and information on practicing in non-Canadian jurisdictions with a Canadian law degree.

7. An update on the J.D. / LL.B. debate.

8. More expansive commentary on what to expect during your articling year.

9. A new section on passing bar requirements / preparing for bar requirements.

10. New commentary on law school attitudes - how to really achieve success.

11. Updated entrance statistics from each law school in Canada.

12. More reviews of online resources and books about success in law school.

13. A panel of students from across Canada telling you, in their opinion, "what it really takes to succeed in law school".

14. A new section on "if I knew then what I know now" - how to avoid various pitfalls in law school...and beyond.

15. More sample resumes, statements of interest, and cover letters.

16. More detailed information on salary ranges at law firms across the country.

17. Continued commentary on what articling students and first year associates are being paid compared to how much they are working.

18. More information on what the various areas of law are really like - i.e. what do you do as a corporate lawyer, a criminal lawyer, a real estate lawyer, a family lawyer...

19. New information on law school scholarships.

20. How to win the CPLED game (for Western provinces).

If you would like to see the Table of Contents for the current edition, click here. It's packed full of information already, and you might find it useful, especially if you just found out that you are accepted to law school (congrats, by the way!).

We are also thinking about making the book available in Palm and MS Lit formats. Is this something you would be interested in?

Lastly, we are looking for a few graduates to add their Pearls of Wisdom to the book. This is your chance to really let the world know what you would have done differently, what you did to rock the world in law school, etc. Give me an email if you are interested. The book is currently available in print and as an eBook in PDF format.

Wednesday, 15 March 2006

Law School: Canadian Law School Success

A few tidbits for today:

The Princton Review gives some good tips on how to attack law school classes. It's worth a quick read. Tips for Classroom Success.

You can find some more Law School Survival Tips at Reach Canada.

Waterloo gives some good tips on Applying for Law School.

Want to read about what some Windsor LLB grads have done with their lives? Read on.

Monday, 13 March 2006

More on Law Professors and Blogging

Following up on my post yesterday about law professors and blogging, I highly recommend a recent post on the very same subject by my colleague Mike McCann on Sports Law Blog. Mike's take on the matter is extremely cogent. He does a very nice job of explaining how scholarly publications fit into the current law professor incentive structure, and how blogs really do not. Which Mike concludes is a shame--and I agree with him, both for the reasons he gives and the reasons noted in my post yesterday.
Girls Generation - Korean