Greedy Associates

Greedy Associates - The FindLaw Legal Lifestyle and Career Blog

What's the worst possible decision you can make after paying six figures for a law degree that isn't paying off?

If "take on more non-dischargable student loan debt" was your answer, the William Howard Taft University MBA in Professional Practice Management is probably not for you. But, if you don't mind a little extra debt, a degree that teaches you what you should've learned in law school, and a diploma from a place nobody has ever heard of, maybe the WHTU MBA-PPM is for you!

We know: "Top 10" posts are way overdone, as are year-in-review posts. But we're doing one anyway, and expanding our list to 11. Why? Because it's a great way to survey the pulse of the young law student/young lawyer community. (This is FindLaw's Greedy Associates blog, after all.)

What sparked your interest this year? Free and cheap things. Lawyers who starred in porn. And debt, law school, and women in the legal profession. Check out our Top 11 Greedy Associates stories of 2014:

Did you know it's a week until Christmas? Yeah, we couldn't believe it either. And the problem is that we still have outstanding gifts to buy. Not "outstanding" as in "amazing," but as in, "we haven't bought them yet."

Perusing the FindLaw archives to get some gift ideas, we discovered that we've written a gift guide for basically every situation. If you're similarly stuck, and the clock is ticking, check out this Ultimate Holiday Guide to FindLaw's Holiday Gift Guides with -- count 'em -- 65 lawyerly gift ideas and tips!:

Those law students are so needy. Coming back home after final exams, they'll be a psychological wreck. So what's better than reminding them of the law they just forgot with some cool law-related gifts?

OK, so maybe that shouldn't be all that you get them, but come on: A trick gavel would be pretty funny.

So what gifts are there for law students? Here are 10 ideas to get you started:

Did anyone not see this coming?

We've seen sign after sign after sign of decreased demand for law school seats: fewer LSAT takers, fewer applications, dismal post-graduation job prospects, and more. We've seen some schools cut class sizes, one cut a campus, and a few that obstinately refuse to correct for market forces and actually increased the number of seats available.

How's the situation looking industry-wide? According to the ABA's latest enrollment data, there were a few ticks' worth of decline, which, coming on the heels of a few past years' worth of decline, amounts to the lowest number of law students matriculating in decades.

Charles A. Bennett used to be a New York corporate lawyer; he once worked at Skadden in mergers and acquisitions. Then he left a 16-page suicide note in his Manhattan hotel room in which he admitted to running a $5 million Ponzi scheme. On November 3, Bennett tried to kill himself by jumping into the Hudson River.

But he survived, thanks to a "law enforcement scuba diver." Now the SEC has filed a civil complaint, and the Justice Department a companion criminal complaint, against Bennett for his six-year Ponzi scheme.

You know what the worst time of my life was? Waiting for bar results. Waiting for bar results while unemployed, knowing that if I failed, it would all but guarantee ongoing unemployment until another testing cycle (February exam, plus a few months of waiting for results) had passed.

So yes, waiting for bar results is stressful. And now, if that obvious assertion isn't obvious enough, there is a study to back it up.

#DearFindLaw - Advice for New Lawyers and Law Students from @FindLawLP

This week in #DearFindLaw, we discuss a question that's increasingly common: If you're looking for work, should you take that non-legal, but legal-ish job?

An anonymous law school friend had a career question for me. A recent graduate like myself, he's doing contract document review but has been offered a job at a company that produces document review software.

It's a non-legal job, but because it involves legal software, it's tangentially law-related. Should he take it?

Podcasts have brought new life back to the radio format, allowing for the creation of a whole new industry of people talking about things. If you're a lawyer who's commuting any distance, or even just doing the dishes, you should be listening to podcasts.

But which ones? Obviously you're listening to the "Serial" podcast, but there are actually more out there.

Here's a list of five law-related podcasts you should be listening to instead of interacting with real people:

Stella Mednik, a lawyer with a suspended law license and a suspended driver's license, left a few bodies briefly suspended in mid-air last night when a car she was piloting took flight over a curb and went through a window of a Forever 21 in Manhattan.

Final BAC: 0.185. Final number of people sent to the hospital: 7, including five pedestrians, Mednik, and her passenger.

Fortunately, everyone is expected to survive. Mednik, in addition to the pain of a broken pelvis and a totaled Ford Mustang, is facing charges of drunk driving, criminal possession of a controlled substance, four counts of serious injury, leaving the accident scene, unauthorized use of a vehicle, and refusal to take a breath test, reports the New York Post.