Anonymous User wrote:What does your real estate practice entail? Is it just closings, or is there some negotiation or fun stuff involved?
How "hard" is it to learn personal injury? Do you think you could hang a shingle and do it yourself in the near future? I ask because it's something I have an interest in after a few years of biglaw. Yes, seriously.
I don't do real estate. I'm not sure where you got that impression.
Most of my friends do Biglaw, so I am not surprised to find people wanting to bail. A good friend does nothing but privilege logs. A big paycheck only takes you so far if you are learning absolutely nothing.
To hang a shingle, you need clients and cashflow. Both are very learned skills. Biglaw will absolutely not teach you how to get Sally Slip and Fall into your firm. Why should she go to you and not BigBillboard Lawyer whose office handles hundreds of premise liability cases a year? And even if you do snag her, it can be 2-3 years before you try her case. How will you keep the lights on in the meantime?
As for law, PI is a very diverse and complicated practice. Off-hand, you'll need to teach yourself:
1) Medicare/Medicaid/Private Insurance/Medical Provider liens
2) Collection law (whether an entity is solvent and how to go about collecting)
3) Insurance law (CGL, renter's, auto insurance, et al)
4) Your state's vehicle code
5) Basically all tort law (negligence, strict liability, damages concepts, duties owed by common carrier, relevant statutes)
6) How to properly investigate and work up cases
7) Lots of medical terms and concepts
How to try cases
9) Worker's Comp, SSA
This is to say nothing of small things, like how to interpret a police report and whether it is admissible. Or what an "empty chair" defense entails. Is hanging a shingle doable? Yes. But would it be easier to learn under someone else for 3-5 years? Absolutely.