While I technically work for a solo, he's a solo because the prior firm of 4 partners dissolved a couple years ago. The partners still own the building and still operate basically the same way as they once did. So although I get paid by one guy, I do still do work for other lawyers/partners at my firm. Last night around 5:30 one of the senior partners comes into my office and sits down in front of me.
He's 80 and has been practicing for 55 years. He is very wealthy but in typical old school style he doesn't show it. He also likes to give me "advice" on both practice and life in general. Last night he came in and started lamenting how much harder it is to be a lawyer now then when he first came up through the ranks. He tells me how at one time lawyers were truly respected and being an attorney was indeed a noble well paid profession. He says back in the day you would never hear of a client bitching out his lawyer, or not paying just to spite him. Judges and counsel were always respectful to each other. Business was far easier to come by.
He says the way things are he's glad he is retired and only dabbling now. He told me that he can see me being a success, as I'm a "worker" and I'm "bright" but that I should really question whether to stick in this biz or not. He said, that even if you really, really love it, it's becoming far to stressful and economically unrewarding to keep at it. He said he went to a CLE the other day and when he found out what law schools are charging for tuition, the old bird said he almost fainted.
This my friends is coming from a veteran and something of a legend in the area. Sure, it's shitlaw, but this guy has made money....hundreds trials with favorable outcomes, he is as successful as you get in shitlaw....and he's saying bail.