Introduction
About once a week, I receive an email or phone call from a law school student asking for career advice and specifically inquiring what it’s like working at a major New York City law firm (as I did for nearly eight years). I discuss below the good, the bad and the ugly.
The Market Problem
As I tweeted a couple of days ago, I recently received three telephone calls over a three-day period from entrepreneurs looking for a new law firm because of the excessive fees of their current law firm. Two of the three entrepreneurs advised me that they were reluctant to even call their lawyers with a question because of the fees. I thought to myself: I get it! 15 minutes = $125-175 for most partners (and those phone calls add up).
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