OPIA Blog

Bernard Koteen Office of Public Interest Advising

Who exactly is going to pay the deferred associates?

Questions are rising about who exactly will cover the hidden costs of those new graduates who have been deferred from their law firms for a year. While many law firms have agreed to subsidize their these new lawyers upwards to $75,000, and the non-profit and public interest organizations are in many instances happy to take on the new staff, there is the issue of cost that still needs to be answered. An article in the American Lawyer Daily, quotes Mitchell Kamin, the president and CEO of Bet Tzedek Legal Services in Los Angeles, who explains some of the less obvious costs associated with bringing on a new attorney “Kamin estimates the added cost of taking on an intern for one year at his organization will come to roughly $10,500 to cover office supplies, parking, and postage (an additional $3500 will be necessary for the added training and supervision costs for these newbie lawyers).”
Some employers believe the firms had not anticipated some of the costs involved in bringing on a new associate. Non profits have reacted to the situation, in some instances, by asking firms to provide funds to cover training fees which the non-profits believe could benefit the firms long term and also step-up their fund raising efforts to cover other costs like medical benefits or malpractice.

April 5th, 2009 Posted by opia | Jobs, News | No Comments

May be time to rethink the legal profession

In an op-ed in the New York Times, Adam Cohen believes that with the recent economic problems facing the legal profession (deferred starts to newly associates, firm closings and the rising costs of law student debt), it may be time to re-configure the profession for the 21st century.
Mr. Cohen believes that the on-going economic problems could force the profession to look at a lot of different professional issues they have not looked at in quite a while, namely salaries and they way clients are billed.
Law schools, too, may realize that reform is necessary. “For years, law school tuition rose along with big-firm salaries. Between 1990 and 2003, the cost of private law schools rose at nearly three times the rate of consumer prices. The average graduate now leaves with more than $80,000 in debt. In one survey, 66 percent of students said debt prevented them from considering government or public-interest jobs.”
While no change is imminent Mr. Cohen conveyed a need to guide the legal profession into a new direction for the future. “Law school deans, bar association leaders and firm managers should follow Rahm Emanuel’s advice about never allowing a crisis to go to waste and start planning for what comes next.”

April 5th, 2009 Posted by opia | News, Students | No Comments

   

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