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Post by AK on May 16, 2016 11:44:56 GMT -5
The outlook for attorneys is bleak. I see a lot of esquires with no job on linkedin. Yep. There is a glut in the profession. Too many law schools churning out too many graduates. A few more years and I'll open up a seat for someone. Cooley really did a number on the job market here in the mitten. I think it's correcting itself slowly.
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Post by The Hoff on May 16, 2016 11:54:19 GMT -5
Yep. There is a glut in the profession. Too many law schools churning out too many graduates. A few more years and I'll open up a seat for someone. Cooley really did a number on the job market here in the mitten. I think it's correcting itself slowly. It's not just Michigan. Same thing is happening nationwide. They need to tighten up the bar exam and require at least a one year internship before receiving a license. That will winnow the field, and make sure that that are practicing have a clue what they are doing. The practice has changed drastically in the last 30 years, and not for the better.
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Post by AK on May 16, 2016 11:56:23 GMT -5
Cooley really did a number on the job market here in the mitten. I think it's correcting itself slowly. It's not just Michigan. Same thing is happening nationwide. They need to tighten up the bar exam and require at least a one year internship before receiving a license. That will winnow the field, and make sure that that are practicing have a clue what they are doing. It's completely insane that you can start practicing just by graduating law school and passing the bar. 1 year of clinical work should be a minimum. I know of law schools are moving that way on their own, but it should be a mandate from the Bar Associations.
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Post by The Hoff on May 16, 2016 12:04:57 GMT -5
It's not just Michigan. Same thing is happening nationwide. They need to tighten up the bar exam and require at least a one year internship before receiving a license. That will winnow the field, and make sure that that are practicing have a clue what they are doing. It's completely insane that you can start practicing just by graduating law school and passing the bar. 1 year of clinical work should be a minimum. I know of law schools are moving that way on their own, but it should be a mandate from the Bar Associations. Agreed. Back in "the day" that wasn't really necessary, because the firms largely treated the law like a profession, and trained/mentored young lawyers. We spent a lot of time doing grunt work, but learned a lot because we also attended depositions, trials, hearings, client meetings as the "fly on the wall." Even at the small firms. (I started at a three lawyer firm). Now, it's a business, and young lawyers (at many firms) are seen as profit centers, not prospects.
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Post by Deleted on May 16, 2016 12:06:29 GMT -5
Isn't the real issue too many student loans available for people to just "go to law school." I think it's a major supply demand issue.
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Post by Deleted on May 16, 2016 12:07:00 GMT -5
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Post by The Hoff on May 16, 2016 12:07:38 GMT -5
It's the real issue too many student loans available for people to just "go to law school." I think it's a major supply demand issue. No question on the over-supply/limited demand. If I had a kid today, no way I would let them get near a law school. If I had it to do over, I would not have gone for a law degree.
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Post by Deleted on May 16, 2016 12:13:48 GMT -5
You just don't like what you do Hoff? I'm glad I never went back for an MBA.
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Post by The Hoff on May 16, 2016 12:23:44 GMT -5
You just don't like what you do Hoff? I'm glad I never went back for an MBA. After nearly 30 years, and the changes in the profession over time, it's become something of a beating. Technology means we are (have to be) available 24/7, and the clients now demand that. Income is relatively flat, so once you attain a certain level, you pretty much plateau. Theoretically, I get 5 weeks of PTO per year. I have not been able to take a vacation in over two years because of workload, and when I do take time, I take my computer so I can work in the mornings and evenings, depending upon what we are doing. It's all relative. When I first started, and for many years, it was all good. Working in a corporate environment just adds to the joy. That's why I don't post here as much as I used to.
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Post by joeking1978 on May 16, 2016 12:26:00 GMT -5
I personally would love to see form of tort reform... I believe lawyers and unions have been the Achilles heal of our country for the past couple decades.
You would think a simple law to make prosecuting attorney's and their clients responsible for the defense teams legal fees in a frivolous lawsuit would significantly mitigate the number of bullshit get rich quick schemers out there.
Unions need to be dismantled as well. The shit I still here from contractors is mind boggling.
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Post by Deleted on May 16, 2016 12:29:27 GMT -5
Client service is the worst. I feel your pain Hoff. I'll never regret getting out of that racket.
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Post by The Hoff on May 16, 2016 12:47:12 GMT -5
Client service is the worst. I feel your pain Hoff. I'll never regret getting out of that racket. Wasn't so bad in the early years. The technology has been a blessing and a curse. It makes many routine tasks much easier. When I first started, we prepared our pleadings on a typewriter. Seriously. IBM Selectric. With the new technology, preparing documents is a lot easier and faster, but everyone wants it done now. And everyone expects their stuff will get done first. Older lawyers/clients as a rule are easier to deal with. We still pick up the phone and talk it out. Younger lawyers/clients can be a PITA. They don't know what they are doing and send out e-mails that can be obnoxious and ignorant.
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Post by AK on May 16, 2016 13:23:54 GMT -5
I personally would love to see form of tort reform... I believe lawyers and unions have been the Achilles heal of our country for the past couple decades. You would think a simple law to make prosecuting attorney's and their clients responsible for the defense teams legal fees in a frivolous lawsuit would significantly mitigate the number of bullshit get rich quick schemers out there. Unions need to be dismantled as well. The shit I still here from contractors is mind boggling. Torts are reformed. At this point reforming them any further would mean making it easier to sue. And sanctions exist.
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Post by The Hoff on May 16, 2016 13:34:56 GMT -5
I personally would love to see form of tort reform... I believe lawyers and unions have been the Achilles heal of our country for the past couple decades. You would think a simple law to make prosecuting attorney's and their clients responsible for the defense teams legal fees in a frivolous lawsuit would significantly mitigate the number of bullshit get rich quick schemers out there. Unions need to be dismantled as well. The shit I still here from contractors is mind boggling. Torts are reformed. At this point reforming them any further would mean making it easier to sue. And sanctions exist. Not sure how hard they have reformed in Michigan. In Texas, what the Legislature has not done, the Texas Supremes have. Med mal has all but gone away. A few get filed, but they are rare. Construction claims are very difficult but doable-residental claims have to be arbitrated before the Texas Real Estate Commission before suit can be filed. Premises liability is nearly impossible. That leaves car wrecks. Technology should be curtailing those in a few years. There is a cap on damages. And Texas allows the "prevailing party" to recover litigation costs.
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Post by preacherboy on May 16, 2016 13:37:18 GMT -5
Spent way too much time on radio rating watching considering he wasnt in the biz. You were sort of a dumbed down version of Jeff Moss. You ran rick off his own site. Why would he want to come here and pretend to be me?
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Post by preacherboy on May 16, 2016 13:43:10 GMT -5
In related news, picking this up next week
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Post by AK on May 16, 2016 13:43:43 GMT -5
Torts are reformed. At this point reforming them any further would mean making it easier to sue. And sanctions exist. Not sure how hard they have reformed in Michigan. In Texas, what the Legislature has not done, the Texas Supremes have. Med mal has all but gone away. A few get filed, but they are rare. Construction claims are very difficult but doable-residental claims have to be arbitrated before the Texas Real Estate Commission before suit can be filed. Premises liability is nearly impossible. That leaves car wrecks. Technology should be curtailing those in a few years. There is a cap on damages. And Texas allows the "prevailing party" to recover litigation costs. Wow! Even reform is bigger and better in Texas. Premises liability is dead here. But med mal and car wrecks are alive and well. Although the no-fault system took a big chunk out of the auto's. We have a cap on damages too
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Post by joeking1978 on May 16, 2016 14:11:42 GMT -5
In Florida- the old Med mal class action biz is thriving. Every few hours you here another radio or tv advert for some class action against your implant and pharmaceutical companies. It's nauseating.
I don't understand how it's acceptable for a law firm to win $40 mill on behalf of 1000 clients and keep around $13m and the 1000 clients get a whopping $30k each...
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Post by The Hoff on May 16, 2016 14:33:35 GMT -5
In Florida- the old Med mal class action biz is thriving. Every few hours you here another radio or tv advert for some class action against your implant and pharmaceutical companies. It's nauseating. I don't understand how it's acceptable for a law firm to win $40 mill on behalf of 1000 clients and keep around $13m and the 1000 clients get a whopping $30k each... Of course the firm gets paid. They did all the work. Lazy Plaintiffs just want something for nothing.
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Post by AK on May 16, 2016 14:39:00 GMT -5
In Florida- the old Med mal class action biz is thriving. Every few hours you here another radio or tv advert for some class action against your implant and pharmaceutical companies. It's nauseating. I don't understand how it's acceptable for a law firm to win $40 mill on behalf of 1000 clients and keep around $13m and the 1000 clients get a whopping $30k each... Of course the firm gets paid. They did all the work. Lazy Plaintiffs just want something for nothing. They could always opt out of the class and go it on their own.
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Post by Deleted on May 16, 2016 17:28:43 GMT -5
If the lawyers did it for free they'd get a whopping 40k.
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Post by Deleted on May 16, 2016 17:39:06 GMT -5
In related news, picking this up next week Preaching isn't white collar. Get out of here.
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Post by The Hoff on May 16, 2016 19:08:05 GMT -5
In related news, picking this up next week Preaching isn't white collar. Get out of here. My priest wears a white collar.
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Post by Deleted on May 16, 2016 19:25:59 GMT -5
Preaching isn't white collar. Get out of here. My priest wears a white collar. Mine wears black, so that's the standard we will use.
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Post by joeking1978 on May 16, 2016 19:35:47 GMT -5
In Florida- the old Med mal class action biz is thriving. Every few hours you here another radio or tv advert for some class action against your implant and pharmaceutical companies. It's nauseating. I don't understand how it's acceptable for a law firm to win $40 mill on behalf of 1000 clients and keep around $13m and the 1000 clients get a whopping $30k each... Of course the firm gets paid. They did all the work. Lazy Plaintiffs just want something for nothing. Ah yes, the patient who actually suffered and may have permanent adverse effects has no "sweat" equity in the game. You can't honestly tell me that the amount of time/work invested by the legal group definitely justifies getting an absurd amount? It's winning the lottery for a lawyer. They put maybe 6 months to a year of time into a case and make a few million? I have no qualms with paying a very reasonable rate for hours billed... But getting such a large % of the settlement seems disproportional to how much the attorneys actually worked. Maybe in wrong... I'm not a lawyer, but I did stay at a holiday in express and posted on Sports Inferno... So I believe I'm qualified
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