Another interview
My next interview is scheduled for next week with a startup firm. The guy claims to be organizing the "corporate law firm of the future," which, as far as I can tell from our half-hour phone conversation today, mostly involves (1) not having billable hours and (2) installing a foosball table in the lunchroom. Oh, and arranging for every attorney in the firm to get an MBA while working there (hey, why not?) because he's obsessed with having attorneys with business smarts (not a bad idea, considering how many of us are so completely devoid of them).
Unfortunately, of course, due to the startup nature of things, he won't be able to pay anyone until the end of this year even after a year of past operation... BUT (and this could be big), as befits any startup, I'd be entitled to a full share in all later profits as one of the first ones in, something that might really pay off in a few years.
I'm approaching this with a lot of skepticism, obviously (I'll want to have a good long look at that profit-sharing agreement), but joining a new law firm is MUCH safer than jumping into just about any other kind of startup business, since new law firms generally have a very low rate of failure. we're not talking about a dotcom or a restaurant here, after all--it pretty much takes a significant death or scandal of some kind to do firms in entirely. It also means that i'd effectively hit the ground running as a (sort of) partner, which is kind of unimaginably tempting. As it is, he made it clear that he's been getting hundreds and hundreds of responses to this opportunity from around the country (he was aggressively recruiting at law schools nationwide), but that my cover letter really made him want to call me as soon as he read it. Which kind of made my day.
Unfortunately, of course, due to the startup nature of things, he won't be able to pay anyone until the end of this year even after a year of past operation... BUT (and this could be big), as befits any startup, I'd be entitled to a full share in all later profits as one of the first ones in, something that might really pay off in a few years.
I'm approaching this with a lot of skepticism, obviously (I'll want to have a good long look at that profit-sharing agreement), but joining a new law firm is MUCH safer than jumping into just about any other kind of startup business, since new law firms generally have a very low rate of failure. we're not talking about a dotcom or a restaurant here, after all--it pretty much takes a significant death or scandal of some kind to do firms in entirely. It also means that i'd effectively hit the ground running as a (sort of) partner, which is kind of unimaginably tempting. As it is, he made it clear that he's been getting hundreds and hundreds of responses to this opportunity from around the country (he was aggressively recruiting at law schools nationwide), but that my cover letter really made him want to call me as soon as he read it. Which kind of made my day.
posted by Anonymous at 1:25 PM
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