Follow my Interests or Follow the Money
Posted: Wed Jun 09, 2010 8:01 pm
Hi guys, so despite my user name I eventually want to practice entertainment law. As i am sure most of you now it is very hard to break into this field. According to NALP only 5 firms in NY have an entertainment law practice. Of those 5, only two really allow associates to practice (Pryor Cashman, Moses Singer). The other threes practice consists of partners and counsel. Now at PC and MS they pay around 125-130K first year, which isn't that much less than the BigLaw standard, however as you move up the associate ranks the difference gets larger (according to bored.com). So, the question is do I try to get a job with PC or MS, or try to get one of the other three (Paul Weiss, Loeb & Loeb), which pay more, but I may not even have a chance to practice unless I make partner (which is wayyyy to far in advance to even be thinking about). Also, I could try to do securities law (hence my user name) at another firm an would probably have more options as the number of firms that have this practice is almost infinite.
disclaimer: I know I am thinking of this way far in advance, but I don't think there is anything wrong with having some sort of plan going into law school. Also, in terms of saying "well you have to get interviews at these places", well I have connections to a lot of law firms through my family/family friends. I'm not saying this to brag, just to answer your potential thoughts.
Also in terms of the money, it's not for the greed aspect, but more for financial security, and paying off loans.
disclaimer: I know I am thinking of this way far in advance, but I don't think there is anything wrong with having some sort of plan going into law school. Also, in terms of saying "well you have to get interviews at these places", well I have connections to a lot of law firms through my family/family friends. I'm not saying this to brag, just to answer your potential thoughts.
Also in terms of the money, it's not for the greed aspect, but more for financial security, and paying off loans.