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: TechnoLawyer Blog

BigLaw: Escape From the AmLaw 100: A Commercial Real Estate Lawyer Goes Solo

By Liz Kurtz

Originally published on October 18, 2010 in our free BigLaw newsletter. Picture, if you will — a struggling economy (like, oh, the one we've confronted for the past two years), a practice area that has been battered by the economic tides (let's call it "commercial real estate"), and the kind of national mega-firm where top partner billing rates hover somewhere between $750 and $1,000 an hour (say, for example, Latham & Watkins, the third largest law firm by revenue according to the 2010 AmLaw 100). Now picture a partner at such a firm, whose commercial real estate practice has continued and survived despite a volatile market and epic downturn. If you could flip ahead in this story, you would find this partner battening down the hatches, snuggling into the warm embrace of the large firm where he practices, and waiting for the tough times to pass, safe in the knowledge that he is largely insulated from the day-to-day struggle faced by his counterparts in the cold, hard world of solo practice...continue to full post

Full post as published by TechnoLawyer Blog on November 01, 2010 (boomark / email).