I get dinged a little for my unabashed criticism of that complete waste of a career we all call BigLaw. The apologists for that method of legal services that only serves to pay for access to bigger lines of credit and more associates to convince clients they need 12 lawyers on a 2 lawyer deal is at its end. And no, I couldn't get a job there when I graduated, not even an interview. I had to toil at the public defender's office building a criminal defense career which now finds me taking a week off and writing this from a beach.
Now BigLaw is finding dissention among the ranks. My favorite person of the day, Elizabeth Wurtzel, says in this must read article, that BigLaw is nothing more than a "march of dunces."
She confesses: "Corporate attorneys like me, even those with the eyesight and insight of Mr. Magoo, all should have been able to see this financial collapse coming."
She puts it on the table: "And whatever lessons the powers that be might learn from this adjustment -- that salary structure should change, or that the billable hour is an anachronism -- it seems no one has stated the obvious: The whole system is warped."
She divulges the unbelievable: That New York Big Law "junior associates have been known to sneak out of the office and head home by six o'clock. Exposed to the sunshine that exists outside of corporate skyscrapers for the first time, these people now know what we've all been telling them for years: The sky is actually blue."
She rips out the heart of all that is BigLaw: "The emergency-room atmosphere that permeated the processing of derivatives deals, corporate takeovers, and whatever else has been going on at Goldman, Bear, Citi and Merrill for the past decade, could rival that of an operating room during open-heart surgery. Only, of course, it was a matter of money -- not life or death."
She puts it into perspective like I've never read: "I would love to call the system despicable or detestable or something evil-sounding, but that would be giving it too much credit. It's really just the march of dunces. A dozen years worth of sleepless nights down the drain like dirty bathwater. Pity these people"
Located in Miami, Florida, Brian Tannebaum practices Bar Admission and Discipline and Criminal Defense. Read his free ebook The Truth About Hiring A Criminal Defense Lawyer. Please visit www.tannebaumweiss.com