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About tanx

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  1. Agreed and echo what everyone has said about in house. Whether you’re respected and brought to the table or seen as the department of no depends on the company culture, and how the lawyers in it see themselves. Are they police or facilitators? That’s always the one question you should ask when interviewing in house: “how would you say your business colleagues view the legal department?” I agree that in house isn’t for everyone. People assume you get great work life balance but that’s not always the case. And you definitely walk a fine line between doing things perfectly and doing them on time, with few resources. You’re very often asked to opine on novel situations, or to give advice on business matters and not just purely legal matters. It’s more for a business minded lawyer than one who likes to do research and are more academically oriented.
  2. I have the same background as you and I completely agree. I had a ton of responsibility very early on in my career and I found when I worked with lawyers at firms, they were always senior associates or partners. It seems like in big law you work on interesting files, but not always the interesting aspects of those files, until you’re senior. Also re several people saying that big law is a stepping stone to in house, I have to say that nowadays companies prefer one to have prior in house experience. The fact of having big law experience in and of itself is not as important as having prior relevant experience (big law or in house). This wasn’t the case even a few years ago when companies wanted someone from a firm, but times have changed. I can’t comment on why people dump on big law, I assume part of it is just people shooting the shit about their job while not actually hating it. But from people who’ve asked me to help them move in house, it was mostly due to work life balance.
  3. Staples should be open with limited hours. As well, I believe they're allowed to be open anyway as of May 11.
  4. Instead of seeking a lawyer IRL to talk to, I suggest a market access professional. I do know someone who moved from pharma in house counsel to a drug portfolio manager so it can be done. This person practiced patent litigation.
  5. If you like the commercial side and want to work there, I don’t see why you need a JD. All your stated reasons for wanting a JD have nothing to do with working in a commercial role in biopharma. I didn’t read anywhere that you want to be a counsel to a biopharma company. FWIW though, I don’t think getting a JD will pigeonhole you. Once you’re in the industry, work experience can get you to other roles.
  6. 1000%. I was trying to be a bit generous in my description of this actor. S/he doesn't come from outsize wealth per se, but they are definitely still living at home with the parents and working a freelance side gig while the rest of us have gone on to make partner, general counsel, alternative careers, etc. AFAIK this person still has their law school debt.
  7. I know someone who went from law to acting and it wasn’t a good scene (pun intended). In this case this person completed articles and got called before realizing they wanted to go into acting instead. It’s been about 10 years and as far as I know, they’ve booked one job. One. And law Is definitely not a fallback option. Once you leave law, especially for an extended period of time, and especially to end up not doing much, it’s nearly impossible to jump back in. You’re stuck in a zone of too qualified for low level jobs you can realistically obtain, given your lack of applicable work experience, but not qualified to get hired to practice law. Separately one of my good friends is a former actor and his best year, he made $10,000. That was better than every other actor he knew, except one guy who was the most successful who that year made $30,000. Just something to think about.
  8. This is why I cringe when celebrities tell their young fans to 'follow your dreams'. Oy.
  9. 1. I graduated owing $45,000 in law school debt. This was about 10 years ago now. 2. 2 years. I lived with my parents and a sibling at the time to save money. I wasn't making huge money though, but had little expenses. 3. A bit, but I was fortunately able to keep it as low as possible and pay it off quickly, so now it is a distant memory. I wouldn't advise people not to go to law school because of the debt per se, but I would caution against law school for those who are already earning good income, have significant other debt, don't want to practice law at the end of it all, or who are older with significant financial responsibilities (e.g. dependents).
  10. If you were given the choice of a backpack or a rolling luggage thing, which would you choose? And you have to choose one.
  11. Really? Partners at big national firms make high $100 to low $200? I'm in-house and I'm in that range. That seems pretty low for private practice.
  12. it might be difficult in general for you to switch to in house though, covid or not. Boutique litigation doesn’t really lend well to that
  13. I can answer this. I graduated during the fallout of the 2008-09 recession. Back then, my year was lucky enough to have 30+ NYC firms recruit my class year during 2L for after 3L just prior to the implosion. The following year, only 3 firms came. Everyone who got a NYC job got paid to defer their start dates. Also, during my class year, local firms were hiring less people (they recruited months after the NYC firms). This effectively pushed everyone down a rung as now more people who would’ve gotten a job at OCI were competing with everyone else. It was really tough to find a job. I think it was probably worse for the class year behind us. In the end though everyone I know who wanted an articling job eventually found one. As for what practice areas will do ok and which will suffer, hard to say. I mean I think if anything, bankruptcy and employment might see a bit of an uptick but not by the time you graduate. A lot of those who will suffer from this crisis are small businesses and individuals with service jobs. Certain industries will suffer sure, but firms often have practice groups covering multiple industries. The bottom line in my opinion is that this recession will be temporary, and a lot shorter than the one we had in 2008-09. That one was a true market correction whereas this one is just an (albeit huge) negative externality.
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