You're dumb. Times have changed.
Exactly. I ROTFL when idiots start talking about their neighbor/uncle/dad's college roommate etc who graduated some "generic" TTT law school in 1978 and now makes big money. Hell, even comparing what you're going to face with people like me who got out in early 2000s is absurd. Back then, you could at least get a 45 K a year shitlaw job or do doc review for 35-40 an hour.
Now thanks to outsourcing and the general economic collapse, you struggle to even land a shitlaw gig at 30 K with no benefits. Government has indefinite hiring freezes nearly everywhere. Doc review/temp work is nearly all outsourced to India or replaced by better software/filters, and the few gigs remaining pay 20-25 an hour, slightly more in NYC. Going solo is an idea so ridiculous is doesn't even merit discussion: as the poster above said, revenues for small firms and solos have been plunging for years, to the point where many of these little shops are closing down altogether. Here's an assignment: Open you local Yellow Pages, and count the number of attorneys with ads in there. Multiply same by 3 to cover the schmucks who can't afford an ad, and then ask yourself "gee, does my town really need another shitlaw DWI/Bankruptcy/Divorce/Ambulance Chaser lawyer, or are we pretty well saturated as is?"
Forget all the anecdotal stories of uber-successful lawyers coming out of TTT's and such. The bottom line is that, as I've said before, failure and unemployment are the norm
in this industry nowadays, not the exception
. The oversupply is truly jaw-dropping, and gets worse and worse each year as the Cooleys and other TTTTtoilets open up lawschools on nearly every streetcorner: http://economix.blogs.nytimes.com/2011/ ... -by-state/
I truly wonder what it is about this industry that attracts so many people, to the point where "cult" websites like this exist to discuss and dream about said industry? For the most part, it's an extremely boring slog of a job, akin to putting a nut on a bolt in some factory. Mostly just endless cut n' paste, boring & hyper-technical "rules" and procedures, long hours, childish bickering, and just general misery. Couple that with abysmal compensation (outside Biglaw, which 75% or more of you will fail to get), and I simply fail to see from where the attraction comes? If you're living in NYC (where most Biglaw is), 160 K is not anything close to a "rock star" lifestyle anyway, after paying rent, taxes, student loans, etc. And with the hours, it's really not a 160 K a year job, but rather two 80 K a year jobs, since you're working roughly twice the hours a normal person does. Do you really want to spend the best years of your life, years you'll never get back, spending 80 hour weeks poring over "Tri-Lateral Global Broker Dealer Sub-Agreement Addendums" and other makework, paper-churning nonsense, serving the interests of faceless corporations who have screwed & destroyed this country?
Or are you a "public interest" hippie, save the world type? I can tell you that most of the people you aspire to "help" are unappreciative, nasty lowlifes who'd as soon spit in your face than say a simple "thank you." My state requires me, even as a non-practicing attorney, to take on pro-bono cases when assigned them. I've done 3 in the past 6 years and all of the clients were nightmares and total scum.
Yet I've seen threads on this website with people cheering that they're "In at Brooklyn" and other subpar diploma mills where the chance at biglaw is well south of 5%, and the chance of never finding ANY paying work as an attorney is likely 50/50 at best.