Confessions of a Laid-off Lawyer

Just Your Average Joe Blogging Away His Debt—In One Year or Less

Posts Tagged ‘Association of American Law Schools

Boycott BigLaw

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Total Black: $66.11
Total Red: $230,859.71

I’ve been thinking over the past few days about large corporate law firms.  About some of the changes that have already occurred—like attorney layoffs (read: firings) or deferrals (read: delayed firings).  Blogs like Above the Law and Law Shucks have detailed the dramas and charted the cuts.  According to Law Shucks, a website tracking law-firm layoffs, including both associates and staff, law firms have laid-off over 14,000 people since January 2008.  This, in an industry where layoffs were never public, always shame-ridden, and sometimes career-ending.  Nevertheless, once the tides began to turn, associates were the first kicked to the curb. Then came staff layoffs. Then more associate layoffs and staff layoffs until finally firms thought up the Great Procrastination, punting the issue altogether by deferring associates and providing stipends all along hoping the economy rebounds in the meantime or the associates decide not to return.  And now, to add insult to injury, one law firm, DLA Piper, has decided to restructure how its associates earn their salaries—not their bonuses—but their salaries.  According to Above the Law, starting in 2010, roughly 10-15% of an associate’s salary will be withheld and made contingent upon partner satisfaction with associate performance.  When do we say enough is enough? Keep reading . . .

Getting There From Here

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Total Black: $527.71
Total Red: $228,464.16

Total black is up because unemployment check came through.  That cash infusion occurs every Wednesday, as long as I remember to register for it by the preceding Sunday.  PayPal money from eBay laptop sale was released, so I’ll have access to that soon.  Now to decide whether to pay the rent, the utility bill, the cell phone bill, the credit card bills, or the student loan bills.  Or buy food.  That’s running pretty low. Keep reading . . .