Economist article: thoughts? Forum

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DonnaDraper

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Economist article: thoughts?

Post by DonnaDraper » Sat May 07, 2011 11:03 am


Tsispilos

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Re: Economist article: thoughts?

Post by 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?

Post by vamedic03 » Sat May 07, 2011 12:20 pm

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?

Post by Julio_El_Chavo » Sat May 07, 2011 12:26 pm

vamedic03 wrote:
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?

Post by 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.

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Army2Law

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Re: Economist article: thoughts?

Post by 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?

Post by 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?

Post by 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?

Post by AreJay711 » Sat May 07, 2011 2:41 pm

The woman in that pic is pretty hot

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shoeshine

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Re: Economist article: thoughts?

Post by shoeshine » Sat May 07, 2011 2:44 pm


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RVP11

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Re: Economist article: thoughts?

Post by 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?

Post by 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.

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Re: Economist article: thoughts?

Post by 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?

Post by 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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