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Economist article: thoughts?
Posted: Sat May 07, 2011 11:03 am
by DonnaDraper
Re: Economist article: thoughts?
Posted: Sat May 07, 2011 11:06 am
by Tsispilos
Really well-written articulation of TLS conventional wisdome re:ITE
Re: Economist article: thoughts?
Posted: Sat May 07, 2011 12:20 pm
by vamedic03
Lots of NY love but seems to forget that DC exists.
Re: Economist article: thoughts?
Posted: Sat May 07, 2011 12:26 pm
by Julio_El_Chavo
vamedic03 wrote:
Lots of NY love but seems to forget that DC exists.
There's no real money in DC, bro.
Re: Economist article: thoughts?
Posted: Sat May 07, 2011 12:41 pm
by dissonance1848
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.
Re: Economist article: thoughts?
Posted: Sat May 07, 2011 12:52 pm
by Army2Law
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.
Re: Economist article: thoughts?
Posted: Sat May 07, 2011 2:18 pm
by 2LLLL
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.
Re: Economist article: thoughts?
Posted: Sat May 07, 2011 2:39 pm
by Kohinoor
Why do we park in driveways and drive on parkways?
Re: Economist article: thoughts?
Posted: Sat May 07, 2011 2:41 pm
by AreJay711
The woman in that pic is pretty hot
Re: Economist article: thoughts?
Posted: Sat May 07, 2011 2:44 pm
by shoeshine
Re: Economist article: thoughts?
Posted: Sat May 07, 2011 3:23 pm
by RVP11
So, conclusions:
V10s are doing fine.
Non-elite V100s that are spread thin across too many markets are doing poorly.
OMG, revolutionary!
Re: Economist article: thoughts?
Posted: Sat May 07, 2011 4:48 pm
by Renzo
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.
Re: Economist article: thoughts?
Posted: Sat May 07, 2011 4:49 pm
by Renzo
AreJay711 wrote:The woman in that pic is pretty hot
I like the fact that "stressed out law student" is a stock image.
Re: Economist article: thoughts?
Posted: Sat May 07, 2011 4:58 pm
by vanwinkle