They’re picking up prisoners, and putting them in a pen
And all she wants to do is dance.
Fixed fee, hourly fee, hybrid–it just doesn’t matter. Your young people are your second greatest assets. So why waste time with people never wanted to become lawyers in the first place? With thanks to Jordan Furlong, in his Graduating into a Recession, see our often-read if hated post of September 2008: “Should associates pay their law firms in the first 2 to 3 years?”. We’ve been too busy too busy to polish our plan–and we’ll leave that to the law schools, once the step up. Hey, we’re working here. But a two-tiered class of law students does make sense to us:
Tier I: People getting law degrees. Nicknames, good and bad: “Conventionals, W-Ls (work-life balance), Doves, Biders, Wankers/Wankettes, Dems, Looters, ‘Phils’ (as in Phil Donohue, Mr Sensitive) “.
Tier II: People who want to be lawyers. Nicknames: “Helmuts, Nerds, Hawks, BAs (Bust Ass-ers), ‘R’s, Producers, ‘Rahms'” (Emmanuel).