Economist article: thoughts?

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DonnaDraper
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Economist article: thoughts?

Postby DonnaDraper » Sat May 07, 2011 11:03 am


Tsispilos
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Re: Economist article: thoughts?

Postby Tsispilos » Sat May 07, 2011 11:06 am

Really well-written articulation of TLS conventional wisdome re:ITE

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vamedic03
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Re: Economist article: thoughts?

Postby vamedic03 » Sat May 07, 2011 12:20 pm

DonnaDraper wrote:http://www.economist.com/node/18651114


Lots of NY love but seems to forget that DC exists.

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Julio_El_Chavo
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Re: Economist article: thoughts?

Postby Julio_El_Chavo » Sat May 07, 2011 12:26 pm

vamedic03 wrote:
DonnaDraper wrote:http://www.economist.com/node/18651114


Lots of NY love but seems to forget that DC exists.


There's no real money in DC, bro.

dissonance1848
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Re: Economist article: thoughts?

Postby dissonance1848 » Sat May 07, 2011 12:41 pm

The gist of it seems to be that the future of legal employment in the US is with boutiques and top rate uber select biglaw firms in NYC, DC, SF, etc.

I think the claims about outsourcing are a bit off, though. Remeber how all the CS and IT people were supposed to be outsourced to India? Well sorry, but it just didn't happen, lots of CS and IT work is still here, and the same will be the case for lawyers, although it will put more pressure on shitlaw to become like Wal-Mart in terms of logistics and such.

Army2Law
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Re: Economist article: thoughts?

Postby Army2Law » Sat May 07, 2011 12:52 pm

dissonance1848 wrote: It will put more pressure on shitlaw to become like Wal-Mart in terms of logistics and such.

I, for one, think "buy one divorce, get the second half off" would be a real value-added proposition for a large slice of shitlaw clientele.

2LLLL
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Re: Economist article: thoughts?

Postby 2LLLL » Sat May 07, 2011 2:18 pm

I think the claims about outsourcing are a bit off, though. Remeber how all the CS and IT people were supposed to be outsourced to India? Well sorry, but it just didn't happen, lots of CS and IT work is still here, and the same will be the case for lawyers, although it will put more pressure on shitlaw to become like Wal-Mart in terms of logistics and such.



I agree with this. Outsourcing will not take off to the same extent as in other industries because the consequences of screwing up outsourced tasks are so much higher. If some customer service drone in India gives bad advice, then at most the company has lost one customer. If a document reviewer in India discloses a privileged document, then the waiver could potentially be devastating.

It boggles my mind how the ABA goes to all the trouble to certify American law schools and require bar certification, but will let a graduate of some random school in India (which almost certainly cannot hold a candle even to a TTTT) practice law.

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Kohinoor
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Re: Economist article: thoughts?

Postby Kohinoor » Sat May 07, 2011 2:39 pm

Why do we park in driveways and drive on parkways?

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AreJay711
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Re: Economist article: thoughts?

Postby AreJay711 » Sat May 07, 2011 2:41 pm

The woman in that pic is pretty hot

shoeshine
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Re: Economist article: thoughts?

Postby shoeshine » Sat May 07, 2011 2:44 pm

Already posted here:
viewtopic.php?f=2&t=154958

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RVP11
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Re: Economist article: thoughts?

Postby RVP11 » Sat May 07, 2011 3:23 pm

So, conclusions:

V10s are doing fine.

Non-elite V100s that are spread thin across too many markets are doing poorly.

OMG, revolutionary!

Renzo
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Re: Economist article: thoughts?

Postby Renzo » Sat May 07, 2011 4:48 pm

RVP11 wrote:So, conclusions:

V10s are doing fine.

Non-elite V100s that are spread thin across too many markets are doing poorly.

OMG, revolutionary!


You missed a category. The DLA piper "McDonalds of law firms" approach seems to be working.

Renzo
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Re: Economist article: thoughts?

Postby Renzo » Sat May 07, 2011 4:49 pm

AreJay711 wrote:The woman in that pic is pretty hot


I like the fact that "stressed out law student" is a stock image.

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vanwinkle
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Re: Economist article: thoughts?

Postby vanwinkle » Sat May 07, 2011 4:58 pm

shoeshine wrote:Already posted here:
http://top-law-schools.com/forums/viewt ... 2&t=154958

This is true.




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