attorneys now being paid $10/hr.

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Richie Tenenbaum
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Re: attorneys now being paid $10/hr.

Postby Richie Tenenbaum » Fri Mar 12, 2010 4:17 am

$10/hr for the opportunity to work under someone like this- --LinkRemoved-- ?

No thanks.

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janderson
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Re: attorneys now being paid $10/hr.

Postby janderson » Fri Mar 12, 2010 4:34 am

This is the legal equivalent of the medical school graduate's residency experience.


LOL...I didn't know they are paying freshly minted physicians $10 an hour too.

Renzo
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Re: attorneys now being paid $10/hr.

Postby Renzo » Fri Mar 12, 2010 1:20 pm

janderson wrote:
LOL...I didn't know they are paying freshly minted physicians $10 an hour too.

I actually sat down with a friend who's a resident once and we calculated his hourly rate, and it was about that.

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clintonius
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Re: attorneys now being paid $10/hr.

Postby clintonius » Fri Mar 12, 2010 1:26 pm

Meh -- I have a friend who works at one of the large Wall Street banks, and his first-year analyst rate figured to something like $6/hour. It's not because he is compensated poorly; it's because they work insane hours. Attorneys and physicians encounter the same phenomenon.

Anonymous User
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Re: attorneys now being paid $10/hr.

Postby Anonymous User » Fri Mar 12, 2010 1:28 pm

Just a warning my anti-virus/web browser gave me a malicious program warning for that website.

09042014
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Re: attorneys now being paid $10/hr.

Postby 09042014 » Fri Mar 12, 2010 1:29 pm

This is short sighted on the firms part. They are going to train this lawyer then they will bolt the second they can.

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RVP11
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Re: attorneys now being paid $10/hr.

Postby RVP11 » Fri Mar 12, 2010 1:31 pm

clintonius wrote:Meh -- I have a friend who works at one of the large Wall Street banks, and his first-year analyst rate figured to something like $6/hour. It's not because he is compensated poorly; it's because they work insane hours. Attorneys and physicians encounter the same phenomenon.


I don't believe this.

$6/hour x 90 hours a week x 52 weeks = $28,080

Large Wall Street banks pay a lot more than 28k. And even analysts don't work 90 hours a week.

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clintonius
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Re: attorneys now being paid $10/hr.

Postby clintonius » Fri Mar 12, 2010 1:32 pm

Yeah, that's not accurate at all. The bastard done fibbed to me (and I didn't fact-check).

Renzo
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Re: attorneys now being paid $10/hr.

Postby Renzo » Fri Mar 12, 2010 1:35 pm

Desert Fox wrote:This is short sighted on the firms part. They are going to train this lawyer then they will bolt the second they can.

They aren't going to give them any training. It's a contract doc review/paralegal job dressed up in fancy language.

09042014
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Re: attorneys now being paid $10/hr.

Postby 09042014 » Fri Mar 12, 2010 1:37 pm

Renzo wrote:
Desert Fox wrote:This is short sighted on the firms part. They are going to train this lawyer then they will bolt the second they can.

They aren't going to give them any training. It's a contract doc review/paralegal job dressed up in fancy language.


Ah, makes sense now.

I should bookmark this and read it every time I feel like taking a day off from studying next year.

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rayiner
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Re: attorneys now being paid $10/hr.

Postby rayiner » Fri Mar 12, 2010 1:38 pm

The last time I made that little was right out of HS.

Sucks to not be able to do math, huh?

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Spaceman Spiff
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Re: attorneys now being paid $10/hr.

Postby Spaceman Spiff » Fri Mar 12, 2010 1:52 pm

Richie Tenenbaum wrote:$10/hr for the opportunity to work under someone like this- --LinkRemoved-- ?

No thanks.


I love that he advertises his 3.5 Undergrad GPA. Hilarious.

09042014
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Re: attorneys now being paid $10/hr.

Postby 09042014 » Fri Mar 12, 2010 1:55 pm

Spaceman Spiff wrote:
Richie Tenenbaum wrote:$10/hr for the opportunity to work under someone like this- --LinkRemoved-- ?

No thanks.


I love that he advertises his 3.5 Undergrad GPA. Hilarious.


From UIUC's College of Education no less. Converted to real GPA that is a 3.0.

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A'nold
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Re: attorneys now being paid $10/hr.

Postby A'nold » Fri Mar 12, 2010 2:02 pm

Dang, where is this? Think it is worth relocating?

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crazycanuck
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Re: attorneys now being paid $10/hr.

Postby crazycanuck » Fri Mar 12, 2010 2:08 pm

rayiner wrote:The last time I made that little was right out of HS.

Sucks to not be able to do math, huh?


I think I made $10 when I was 16 working as a busser at a chinese restaurant. I started at a hotel doing front desk work at $12/hour, at $14.50.

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rayiner
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Re: attorneys now being paid $10/hr.

Postby rayiner » Fri Mar 12, 2010 2:13 pm

crazycanuck wrote:
rayiner wrote:The last time I made that little was right out of HS.

Sucks to not be able to do math, huh?


I think I made $10 when I was 16 working as a busser at a chinese restaurant. I started at a hotel doing front desk work at $12/hour, at $14.50.


But those are Canadian dollars, so like $1/hour for the front desk job?

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crazycanuck
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Re: attorneys now being paid $10/hr.

Postby crazycanuck » Fri Mar 12, 2010 2:15 pm

rayiner wrote:
crazycanuck wrote:
rayiner wrote:The last time I made that little was right out of HS.

Sucks to not be able to do math, huh?


I think I made $10 when I was 16 working as a busser at a chinese restaurant. I started at a hotel doing front desk work at $12/hour, at $14.50.


But those are Canadian dollars, so like $1/hour for the front desk job?


14.23 using todays exchange rate.

nycparalegal
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Re: attorneys now being paid $10/hr.

Postby nycparalegal » Fri Mar 12, 2010 2:17 pm

JSUVA2012 wrote:
clintonius wrote:Meh -- I have a friend who works at one of the large Wall Street banks, and his first-year analyst rate figured to something like $6/hour. It's not because he is compensated poorly; it's because they work insane hours. Attorneys and physicians encounter the same phenomenon.


I don't believe this.

$6/hour x 90 hours a week x 52 weeks = $28,080

Large Wall Street banks pay a lot more than 28k. And even analysts don't work 90 hours a week.


I think the $6 figure would be after taxes and probably after COL expenses.

Anonymous User
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Re: attorneys now being paid $10/hr.

Postby Anonymous User » Fri Mar 12, 2010 2:20 pm

an Ltd. company is not a good business choice for a law firm.

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rayiner
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Re: attorneys now being paid $10/hr.

Postby rayiner » Fri Mar 12, 2010 2:25 pm

crazycanuck wrote:14.23 using todays exchange rate.


Touche.

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clintonius
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Re: attorneys now being paid $10/hr.

Postby clintonius » Fri Mar 12, 2010 2:29 pm

nycparalegal wrote:
JSUVA2012 wrote:
clintonius wrote:Meh -- I have a friend who works at one of the large Wall Street banks, and his first-year analyst rate figured to something like $6/hour. It's not because he is compensated poorly; it's because they work insane hours. Attorneys and physicians encounter the same phenomenon.


I don't believe this.

$6/hour x 90 hours a week x 52 weeks = $28,080

Large Wall Street banks pay a lot more than 28k. And even analysts don't work 90 hours a week.


I think the $6 figure would be after taxes and probably after COL expenses.

Maybe. But factoring in commute, rent and food is kind of unfair. Lots of people would be claiming they make $0.27/hour if all we're looking at is disposable income.




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