I was in the drug store the other day. I just wanted to buy one measly box of tissue. I chose one checkout line at CVS because there was only one person ahead of me. Granted, this person was also pushing a grocery cart (which brings up a separate issue - why go to the drug store if you need a grocery cart?) Despite the ominous grocery cart, I decided to persevere. The woman ahead of me was purchasing toilet paper. That's it, but so much of it that it necessitated a grocery cart.
As an aside, when I buy toilet paper, I generally buy in bulk. By bulk, I mean that I will at least buy a four-pack. But I do buy a pack for several reasons. Mostly it's because I don't want to find one remaining sheet after a large, fibrous meal. But secondly, I know that I save money if I buy an eight-pack instead of purchasing toilet paper on a roll-by-roll basis. I'm not an economics major, but I have learned that buying toilet paper one roll at a time is economically unwise and, frankly, can lead to uncomfortable moments.
So imagine my surprise when the cart-toting, TP-purchasing lady in from of me stepped up to the cashier and began removing individual rolls of TP one by one. Not a couple of rolls, mind you, a cart full. All of them the same price and each one identical to the next. The cashier did nothing to ameliorate the situation. The woman handed him one roll at a time, and he clearly never thought to ask her to count the rolls even though it was clear she was buying the same product in multiple. So, there I stood, as TP lady and never-in-a-hurry cashier made it down to the fiftieth and last individual role while every other line in CVS had emptied at least ten customers.
''Why did she do this?'' I asked exasperatedly (although, at the time, I phrased the question less politely and with more expletives). Yes, I know you need toilet paper, but isn't this a huge waste of time and money?
Truth is, there are many things in life that are inefficient and expensive. Most of them just don't present themselves as clearly as TP lady. I often wondered when I practiced law why certain things were being handled in inefficient and expensive ways because; it seemed to me everything was handled as such. I am not in a better position now than I was then to answer this question (hence no Nobel Prize for me - at least not in 2009). But I can point out some major problems, and perhaps some of them can pave the way to a new tomorrow (geez, I guess I am still aiming for the Nobel.)
First, why did we ever start paying associates so much money? When the last pay bump occurred in 2007, first-year associates were making about the same money as senior federal judges who (a) are smarter and better qualified than most senior partners, and (b) had ungodly heaps of experience over junior attorneys?
Second, now that the economy has tanked and the business prompting such associate salaries is all but obsolete, why don't we turn our attention to changing a mode of operation that hinges upon a vast amount of business from very wealthy corporate clients (most of whom are currently filing for Chapter 11)?
Again, I don't have the answer, but I do know this: no associate asked to be paid a $160,000 starting salary, and they would have gladly taken a major cut to ensure they would still have a job. I was still practicing law when first-year salaries got bumped to $160,000, and while I wasn't going to tear my paycheck in half on principle, it did make me nervous. All of the associates I know became nervous (minus the minority of crazies who need medical attention). The general mindset was, ''Yeah, I'll take it if you toss more money at me, but how can you afford to pay associates so much money and what are the consequences?'' I'm happy to report that I didn't see the consequences while I was practicing, but they certainly unfolded in ways no one could have imagined. They have been dire.
So, again, no Nobel Prize for me - I haven't determined the genesis of the problem. Overpaying associates is merely a symptom. However, let's be frank. When deregulation, stupidity, and greed were running rampant, you, firms, bought into it hook, line, and sinker. More importantly, you profited from it. Sure, associates profited too, but the real money makers at the end of this proverbial heyday were the partners, and, by extension, the firms. So why associates should now face unemployment or actively fear unemployment is, well, baffling and unfair. It is predictable behavior, though, making law firms look exactly how the world perceives them, i.e., heartless, cruel, and existing solely from huge profits to feed greedy partners.
I don't know that the world's perception is accurate - I hope it is not, because I was a part of it and, to some extent, still am. It sounds naive, but I don't want to be part of something of which I'm ashamed. Sure, law firms can continue to make cuts in associate ranks without dealing with bigger problems that make the cuts necessary - overpaying associates, unbelievably high rates, and partners who do not generate business. Question is, at what cost?
See the Top 32 Reasons Attorneys Lose Their Jobs Inside of Law Firms to learn some of the most common reasons attorneys are fired or let go from law firms.
About Harrison Barnes
Harrison Barnes is a prominent figure in the legal placement industry, known for his expertise in attorney placements and his extensive knowledge of the legal profession.
With over 25 years of experience, he has established himself as a leading voice in the field and has helped thousands of lawyers and law students find their ideal career paths.
Barnes is a former federal law clerk and associate at Quinn Emanuel and a graduate of the University of Chicago College and the University of Virginia Law School. He was a Rhodes Scholar Finalist at the University of Chicago and a member of the University of Virginia Law Review. Early in his legal career, he enrolled in Stanford Business School but dropped out because he missed legal recruiting too much.
Barnes' approach to the legal industry is rooted in his commitment to helping lawyers achieve their full potential. He believes that the key to success in the legal profession is to be proactive, persistent, and disciplined in one's approach to work and life. He encourages lawyers to take ownership of their careers and to focus on developing their skills and expertise in a way that aligns with their passions and interests.
One of how Barnes provides support to lawyers is through his writing. On his blog, HarrisonBarnes.com, and BCGSearch.com, he regularly shares his insights and advice on a range of topics related to the legal profession. Through his writing, he aims to empower lawyers to control their careers and make informed decisions about their professional development.
One of Barnes's fundamental philosophies in his writing is the importance of networking. He believes that networking is a critical component of career success and that it is essential for lawyers to establish relationships with others in their field. He encourages lawyers to attend events, join organizations, and connect with others in the legal community to build their professional networks.
Another central theme in Barnes' writing is the importance of personal and professional development. He believes that lawyers should continuously strive to improve themselves and develop their skills to succeed in their careers. He encourages lawyers to pursue ongoing education and training actively, read widely, and seek new opportunities for growth and development.
In addition to his work in the legal industry, Barnes is also a fitness and lifestyle enthusiast. He sees fitness and wellness as integral to his personal and professional development and encourages others to adopt a similar mindset. He starts his day at 4:00 am and dedicates several daily hours to running, weightlifting, and pursuing spiritual disciplines.
Finally, Barnes is a strong advocate for community service and giving back. He volunteers for the University of Chicago, where he is the former area chair of Los Angeles for the University of Chicago Admissions Office. He also serves as the President of the Young Presidents Organization's Century City Los Angeles Chapter, where he works to support and connect young business leaders.
In conclusion, Harrison Barnes is a visionary legal industry leader committed to helping lawyers achieve their full potential. Through his work at BCG Attorney Search, writing, and community involvement, he empowers lawyers to take control of their careers, develop their skills continuously, and lead fulfilling and successful lives. His philosophy of being proactive, persistent, and disciplined, combined with his focus on personal and professional development, makes him a valuable resource for anyone looking to succeed in the legal profession.
About BCG Attorney Search
BCG Attorney Search matches attorneys and law firms with unparalleled expertise and drive, while achieving results. Known globally for its success in locating and placing attorneys in law firms of all sizes, BCG Attorney Search has placed thousands of attorneys in law firms in thousands of different law firms around the country. Unlike other legal placement firms, BCG Attorney Search brings massive resources of over 150 employees to its placement efforts locating positions and opportunities its competitors simply cannot. Every legal recruiter at BCG Attorney Search is a former successful attorney who attended a top law school, worked in top law firms and brought massive drive and commitment to their work. BCG Attorney Search legal recruiters take your legal career seriously and understand attorneys. For more information, please visit www.BCGSearch.com.
Harrison Barnes does a weekly free webinar with live Q&A for attorneys and law students each Wednesday at 10:00 am PST. You can attend anonymously and ask questions about your career, this article, or any other legal career-related topics. You can sign up for the weekly webinar here: Register on Zoom
Harrison also does a weekly free webinar with live Q&A for law firms, companies, and others who hire attorneys each Wednesday at 10:00 am PST. You can sign up for the weekly webinar here: Register on Zoom
You can browse a list of past webinars here: Webinar Replays
You can also listen to Harrison Barnes Podcasts here: Attorney Career Advice Podcasts
You can also read Harrison Barnes' articles and books here: Harrison's Perspectives
Harrison Barnes is the legal profession's mentor and may be the only person in your legal career who will tell you why you are not reaching your full potential and what you really need to do to grow as an attorney--regardless of how much it hurts. If you prefer truth to stagnation, growth to comfort, and actionable ideas instead of fluffy concepts, you and Harrison will get along just fine. If, however, you want to stay where you are, talk about your past successes, and feel comfortable, Harrison is not for you.
Truly great mentors are like parents, doctors, therapists, spiritual figures, and others because in order to help you they need to expose you to pain and expose your weaknesses. But suppose you act on the advice and pain created by a mentor. In that case, you will become better: a better attorney, better employees, a better boss, know where you are going, and appreciate where you have been--you will hopefully also become a happier and better person. As you learn from Harrison, he hopes he will become your mentor.
To read more career and life advice articles visit Harrison's personal blog.