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Corporate --> personal injury

I work in a F100 law department and make $100k plus the usua...
...,,...,.,.,....,,.........,....  05/19/12
Greetings, So you can work one year at this new job and mak...
Mance Gaydar  05/19/12
No - it is far from salaried and he will still be bringing h...
...,,...,.,.,....,,.........,....  05/19/12
if you don't have to move to some shit town, i'd do it.
A cocksure atheist with a 115 IQ and a LAC degree  05/19/12
Greetings, He could do his dad's job for like five to six y...
Mance Gaydar  05/19/12
(Willie gary's son)
Ulysius Johnsmeyer, J.M.  05/19/12
(Willie gary's son)
Ulysius Johnsmeyer, J.M.  05/19/12
sup johnsmeyer
....;.;;;::;,,..;,.;.,,;.;..,;.;.;;;  05/19/12
Your DAD made $900k. That doesn't mean you will make anyt...
Idris Elba  05/19/12
uhhh... he may not keep ALL of his father in law's clients, ...
A cocksure atheist with a 115 IQ and a LAC degree  05/19/12
Yeah. The father-in-law is offering to have him join his pra...
,,.,,.,,.,.,.,.,..,..,..,..,  05/19/12
You got it
...,,...,.,.,....,,.........,....  05/19/12
What's "gathering clients" in personal injury? Do ...
michael yidd-killchrist  05/21/12
No. Blue collar people tend to go to attorneys that helped t...
...,,...,.,.,....,,.........,....  05/21/12
I will need to know your height and you dads height
Ulysius Johnsmeyer, J.M.  05/19/12
I will need to know your height and you dads height
Ulysius Johnsmeyer, J.M.  05/19/12
This is my father in law, not my father. He would keep worki...
...,,...,.,.,....,,.........,....  05/19/12
And, for what it is worth, he is 6'4" and I am 6'. Both...
...,,...,.,.,....,,.........,....  05/19/12
i'll have a similar decision in a few years. right now i'm ...
Doggie Suicide*  05/19/12
what kind of law?
,,,,;;;,,;,,,;,,,,,,,;;;;;,,;,;,;,,,;,;  05/20/12
why the hell wouldn't you do this?
.,,.....,.,.,.,:,,:,,.:,:::.,,.,:,.,.::.:.,:.::,.  05/19/12
Are you asking me or the dude with the old dad?
...,,...,.,.,....,,.........,....  05/19/12
Defense work sucks. It sucks to work for sleaze bags; it's b...
............;................;.............  05/21/12
This seems like a great idea to me. The biggest challenge i...
;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;  05/19/12
Is he going to teach you how to actually be a trial attorney...
MooTTT CourTTT AllsTTTar  05/20/12
He is going to stick around. He is tired of working but know...
...,,...,.,.,....,,.........,....  05/21/12
the only barrier2 to PI work is 1) book of business and 2) n...
NoFaultPIP  05/21/12
So how much is he offering you? If he's pulling down a cool...
;;.;.;,;,;,;;...  05/21/12
We didn't discuss specifics. He asked how much I was making....
...,,...,.,.,....,,.........,....  05/21/12
I would jump on this in a heartbeat.
Frankenstein's monster made of dead dicks  05/21/12
from what i know about pi, you'll settle most things anyway ...
..,.,;..;...;:..;.,...;..,..:.,....  05/21/12
He does try some cases, but his bread and butter come from r...
...,,...,.,.,....,,.........,....  05/21/12
...
Obongo's America  05/21/12
Generally true, but you'll settle for much higher sums once ...
MooTTT CourTTT AllsTTTar  05/21/12
did you get in-house right out of LS? If so, please describ...
.,.,.,.,,,,.,.,..,.,.,.,.,.,.,,  05/21/12
I knew an upper level attorney in the department and he went...
...,,...,.,.,....,,.........,....  05/21/12


Poast new message in this thread



Reply

Date: May 19th, 2012 11:30 AM
Author: ...,,...,.,.,....,,.........,....

I work in a F100 law department and make $100k plus the usual benefits. My father in law is a solo personal injury attorney, and he is 52 years old. Out of the blue last night, he asked me if I wanted to join his practice, as he is wanting to ease out, yet keep his name on the door. He disclosed his last five years AGI and it was an average of just under $950,000.

I have been an attorney for two years. I have an accounting ugrad and finished top 5% from a T30. NEVER had I considered this type of law, but dodging the corporate BS and making more money sounds enticing. Any thoughts?

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20722940)



Reply

Date: May 19th, 2012 11:31 AM
Author: Mance Gaydar (no limit Greetings)

Greetings,

So you can work one year at this new job and make what you'd make in a decade at your current job?

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20722948)



Reply

Date: May 19th, 2012 2:41 PM
Author: ...,,...,.,.,....,,.........,....

No - it is far from salaried and he will still be bringing home the bulk. As long as his name is still associated and he brings in clients, I don't think I could do that bad.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20723643)



Reply

Date: May 19th, 2012 11:32 AM
Author: A cocksure atheist with a 115 IQ and a LAC degree

if you don't have to move to some shit town, i'd do it.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20722951)



Reply

Date: May 19th, 2012 11:58 AM
Author: Mance Gaydar (no limit Greetings)

Greetings,

He could do his dad's job for like five to six years and earn what he'd get his entire career at the other job.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20723040)



Reply

Date: May 19th, 2012 11:33 AM
Author: Ulysius Johnsmeyer, J.M.

(Willie gary's son)

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20722956)



Reply

Date: May 19th, 2012 11:33 AM
Author: Ulysius Johnsmeyer, J.M.

(Willie gary's son)

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20722957)



Reply

Date: May 19th, 2012 11:33 AM
Author: ....;.;;;::;,,..;,.;.,,;.;..,;.;.;;;

sup johnsmeyer

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20722959)



Reply

Date: May 19th, 2012 11:37 AM
Author: Idris Elba (Fighting for his life and his skittles. . .)

Your DAD made $900k.

That doesn't mean you will make anything CLOSE to that.

Your dad has spent an entire career building his firm and gathering clients. People come to him b/c they KNOW what he's capable of or thru word-of-mouth.

I'd take it over only if you are prepared to suffer the good and the bad LOOOONG before you hit your first big case.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20722971)



Reply

Date: May 19th, 2012 11:39 AM
Author: A cocksure atheist with a 115 IQ and a LAC degree

uhhh... he may not keep ALL of his father in law's clients, but he's hardly going to have trouble getting his "first big case" under this arrangement.

u seem dum

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20722986)



Reply

Date: May 19th, 2012 11:46 AM
Author: ,,.,,.,,.,.,.,.,..,..,..,..,

Yeah. The father-in-law is offering to have him join his practice, with the father-in-law eventually easing out. OP is not just saying "should I become a PI lawyer? Cuz I know a PI lawyer who makes a lot of money."

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20722998)



Reply

Date: May 19th, 2012 11:59 AM
Author: ...,,...,.,.,....,,.........,....

You got it

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20723046)



Reply

Date: May 21st, 2012 10:02 PM
Author: michael yidd-killchrist

What's "gathering clients" in personal injury? Do PI lawyers tend to rep the same people over and over?

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20739624)



Reply

Date: May 21st, 2012 11:34 PM
Author: ...,,...,.,.,....,,.........,....

No. Blue collar people tend to go to attorneys that helped their blue collar friends. Makes sense.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20740718)



Reply

Date: May 19th, 2012 11:39 AM
Author: Ulysius Johnsmeyer, J.M.

I will need to know your height and you dads height

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20722984)



Reply

Date: May 19th, 2012 11:39 AM
Author: Ulysius Johnsmeyer, J.M.

I will need to know your height and you dads height

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20722985)



Reply

Date: May 19th, 2012 11:45 AM
Author: ...,,...,.,.,....,,.........,....

This is my father in law, not my father. He would keep working like normal so I could learn for a while. Then, he will just bring in business and have me do all of the work. His job gets reduced to phone calls, and he still gets income.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20722995)



Reply

Date: May 19th, 2012 11:47 AM
Author: ...,,...,.,.,....,,.........,....

And, for what it is worth, he is 6'4" and I am 6'. Both athletic.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20723002)



Reply

Date: May 19th, 2012 11:46 AM
Author: Doggie Suicide*

i'll have a similar decision in a few years. right now i'm clerking and will go big law or lit boutique for a few years, but my dad has a pretty successful solo practice (makes about 300K salary). he's also 69 years old and can't practice forever.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20723001)



Reply

Date: May 20th, 2012 8:21 PM
Author: ,,,,;;;,,;,,,;,,,,,,,;;;;;,,;,;,;,,,;,;

what kind of law?

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20732415)



Reply

Date: May 19th, 2012 11:49 AM
Author: .,,.....,.,.,.,:,,:,,.:,:::.,,.,:,.,.::.:.,:.::,.

why the hell wouldn't you do this?

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20723006)



Reply

Date: May 19th, 2012 11:53 AM
Author: ...,,...,.,.,....,,.........,....

Are you asking me or the dude with the old dad?

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20723025)



Reply

Date: May 21st, 2012 7:42 PM
Author: ............;................;.............

Defense work sucks. It sucks to work for sleaze bags; it's boring legal drudge work and court date juggling. OUIs are boring after the third one.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20738562)



Reply

Date: May 19th, 2012 3:19 PM
Author: ;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;

This seems like a great idea to me. The biggest challenge in P.I. practice is building the brand so you can sustain an inventory of cases at all stages from intake to settlement. Father-in-law already put in the work to build the brand and now you can keep his name on the door and the pipeline going long after he retires. The legal work itself is hardly rocket science.

You can do things when and how you want to b/c you have clients who mostly will have no idea whether you're doing the right thing or not, you don't have to run your drafts and strategy calls by them to nearly the extent you do on the defense side.

Caveat 1- I'm a civil defense litigator so that clouds my view somewhat as compared to OP's in-house corporate situation

[edit] Caveat 2- I'd love to find a similar situation, but lack the relative in the business. have thought about whether i can just find an old lawyer who lacks someone younger to take over in his family and propose a similar arrangement where he phases out and keeps making money b/c I'll be much better at the legal than most idiot assocs he could hire and need to supervise

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20723864)



Reply

Date: May 20th, 2012 10:22 PM
Author: MooTTT CourTTT AllsTTTar

Is he going to teach you how to actually be a trial attorney (e.g. you'll need to learn where the courthouse is) and learn how to deal with the clients? If so, then go for it. If not, then you're fucked and will sink quickly.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20733402)



Reply

Date: May 21st, 2012 11:45 AM
Author: ...,,...,.,.,....,,.........,....

He is going to stick around. He is tired of working but knows it would be crazy to just leave his practice. He makes about half of his income referring cases to others. I'm wondering if I can maintain his success as long as I keep his name on the door. Scary part is once I take this path, there is no going back to corporate law.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20735902)



Reply

Date: May 21st, 2012 11:59 AM
Author: NoFaultPIP

the only barrier2 to PI work is 1) book of business and 2) necessary capital to fund the first trickle of cases which take about 4 years to get going.

BOTH of those barriers are eliminated in OP's scenario.

I sit right now as a clerk going through the correspondence on a "proof of due diligence" deal, making shit, my "shitlaw boss"...he doesn't come in on mondays. He just jiggles his balls at home on mondays. It's not a bad life once you get past the shitty first years which you are being offered to essentially SKIP.

sounds like a good deal, bro.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20735931)



Reply

Date: May 21st, 2012 12:43 PM
Author: ;;.;.;,;,;,;;...

So how much is he offering you? If he's pulling down a cool seven figures and foresees you taking over the bulk of the work, one would assume he would at least be able to match your 2nd year in-house salary out of the gate.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20736099)



Reply

Date: May 21st, 2012 1:24 PM
Author: ...,,...,.,.,....,,.........,....

We didn't discuss specifics. He asked how much I was making. He stated that he wouldn't provide benefits but stated I would do better than I do at my current job.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20736313)



Reply

Date: May 21st, 2012 1:31 PM
Author: Frankenstein's monster made of dead dicks (Shocked by Silkk)

I would jump on this in a heartbeat.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20736362)



Reply

Date: May 21st, 2012 1:35 PM
Author: ..,.,;..;...;:..;.,...;..,..:.,....

from what i know about pi, you'll settle most things anyway so sounds pretty easy

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20736383)



Reply

Date: May 21st, 2012 7:25 PM
Author: ...,,...,.,.,....,,.........,....

He does try some cases, but his bread and butter come from referring cases to others. I don't know why he would offer me a piece of a referral he gets. Why would he share 200k that he makes from making a couple of phone calls?

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20738441)



Reply

Date: May 21st, 2012 8:00 PM
Author: Obongo's America



(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20738660)



Reply

Date: May 21st, 2012 10:21 PM
Author: MooTTT CourTTT AllsTTTar

Generally true, but you'll settle for much higher sums once you've actually done your time handling real trials.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20739851)



Reply

Date: May 21st, 2012 9:02 PM
Author: .,.,.,.,,,,.,.,..,.,.,.,.,.,.,,

did you get in-house right out of LS? If so, please describe.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20739104)



Reply

Date: May 21st, 2012 10:01 PM
Author: ...,,...,.,.,....,,.........,....

I knew an upper level attorney in the department and he went out on a limb for me.

(http://www.autoadmit.com/thread.php?thread_id=1952116&forum_id=2#20739608)