Archive for February, 2006

Lawyers Behaving Badly

Sunday, February 19th, 2006

Attorneys are paid to be advocates for their clients, but we try to be courteous to each other, our clients, our teams, and even the “other” side of cases. Unfortunately, we don’t always succeed. Sometimes we can be downright childish, as this email exchange (between a firm partner and a potential new attorney hire) demonstrates. It’s making its way around the world and both parties have confirmed it is an actual exchange.

For those without the patience to read the entire thing, know that it concludes with the mature and effective communication: “bla bla bla.”

For those who’d like to see a humorous if somewhat frightening take on the underbelly of large firm life, keep an eye on this anonymous firm hiring partner’s blog.

One Car Accident Can Destroy Family Wealth

Friday, February 10th, 2006
  • Choose the maximum limits on your auto and homeowners’ insurance.
  • Sit down with an experienced insurance agent to set the right level of business insurance, whether or not you have a corporation.
  • Buy a Personal Umbrella Insurance Policy with a limit at least equal to your net worth.
  • Place non-personal use assets (not your house or car, things like your investment account and rental properties) into an Asset Protection Vehicle like a Wyoming Closely Held Limited Liability Company, an Alaska Asset Protection Trust or a Delaware Series Limited Liability Company.