On this blog, I try to pass along tips for running a small law firm. Essentially, ways to plan and operate your firm so that you will meet your goals (the blog is called the "Strategist," after all).
Well, here's one Florida attorney whose story offers an example of a strategy not to pursue.
Cheney Mason went on Dateline and offered a million dollars to anyone who could prove that his client, Nelson Ivan Serrano, was actually able to travel across two states and kill four people in the time that prosecutors had alleged.
Look upon your loans and do not fear them, class of 2009: the federal government is going to help you make those payments, and could even wipe the slate clean after, oh, a decade or so.
If you qualify, that is.
Under a federal law, the College Cost Reduction & Access Act, that will kick in on July 1 of this year, the federal government will cap the loan payments for qualifying graduates and forgive the loans of lawyers who choose to go into public interest work.
There's been much discussion about student loans ever since the economy tanked. Many students leave school with debt payments they find impossible to
stay current on with their postgraduate salaries. This phenomenon only
increases in tough economic times as recent graduates take jobs they
are overqualified for, or are unable to find work altogether.
Some feel that the rising cost of higher education, and the consequent increase in the amount of student loan debt the average student is forced to shoulder, is an unfair burden for those seeking to enhance their education with a college or advanced degree.
We all know that the job market for lawyers is, how shall we say, not-so-good right now. But how bad does it have to get before a JD/MBA resorts to taking up the world's oldest profession and becomes a lady of the night?
Nina C. Baccala decided that the chances of finding work at a law firm were sufficiently low to justify making the switch to prositution.
