The Value Movement. As we were saying, we don’t have all the answers. Maybe shortening law school to 3 or 4 semesters is one piece of the puzzle. We revisit the issue because growth and productivity by young lawyers who really want to be at their law firms and not just go through the motions is important for both junior lawyers and firms. So here’s one small bite-sized thought at a time, lest some readers again become adrift from their moorings, get unhinged and blow tubes. Here’s a reaction from The Legal Beat blog of Law.line, a CLE site:
Should recent law graduates have to pay law firms for the experience they receive?…
At first glance for any prospective law student, or current law student, this idea seems ludicrous. However, it is a notion that the United Kingdom has been practicing for a hundred and fifty years. Additionally, this is similar to the education structure we have in the United States for doctors. Some argue that if this concept was implemented, only those with a strong passion for law would seek to go to law school.
(Emphasis ours).
Currently, everyone is losing.
Clients are the biggest losers–if not victims. Clients in effect subsidize firms that retain high-priced but unhappy/unproductive associates who are not even likely to stay in their firms, and often serve to pad bills. The best clients do not need to pay high rates to cover “training overhead” for the very marginal (if any) value added by 1st/2nd year timekeepers. We can do better for clients.