Thursday, August 21, 2008

Hey all, how is the Sun?

I know that I haven't written in over a month. Sorry about that. That is for multiple reasons, but let me assure you, I am still working, and still reviewing documents. I am also taking my own time and partying in the summer sun. As an aside, we had some good conversation on the last post, I am not sure if this is because of the length between posts, the fact that document review is slow right now (including over at the AZ review where they have had a lot of time to just sit around), or what, but it encourages me to keep writing, so keep it up.

Let take this opportunity to welcome the recent graduates who are hunting for jobs. Many of them will no doubt be joining you soon. For those recent grads who where fortuitous enough to get an associate position at a Big Law firm, have fun. The likelihood is that for the next few months you will be reviewing documents, and/or overseeing contractors reviewing documents. Have fun. For those of you who did not get the big law job, the likelihood is good that you will be either overworked, underpaid, and underappreciated OR you will join the rest of us in contract land dreaming of something more.

Here is the trap, if you do not get out in your first year, and went straight through college and law school, you are trapped. Don't get trapped. Take whatever time you need and find a permanent position.

For those dreaming of a career in Law that will make them a lot of money, think again. There are too many lawyers out there, and the salary level for all but the top graduates has dropped. Take a look at this graph from NALP.

Source:Jobs & JD's, Class of 2007

Note: The graph is based on 23,337 salaries. A few salaries above $200,000 are excluded for clarity.

Here are two links to learn more about the NALP surveys.

Incidentally, Tom the Temp recently reviewed some of these results, his blog on this is located at:

If I am not mistaken, this reminds me of grafts that I learned about in high school when reading about Marxist theory. If I recall the income gap grows and grows until a point where the proletariat becomes large enough, and unhappy enough, and finally decides to violently overthrow the bourgeoisie. The unfortunate part of all of this is, as attorneys, we are looked at by society as the bourgeoisie.

I will try to write more soon. And for those who are not currently employed, I have heard that there are 2 or 3 potential projects in the works for the Philadelphia Area. Feel free to share with others what agencies are or might be hiring.

More Later,
The Black Sheep