A friend forwarded me this article to brighten my spirits, but it had the opposite effect. Apparently, since Big Law associates are being deferred until 2012, contract attorneys will be leaned on more than ever. As all my readers must know, being a contract attorney means that you have no stability and no benefits. You are completely subject to the whim of a firm. You the modern day factory worker, much like Jurgis Rudkus from The Jungle. You're nameless and faceless and often kept in the dungeons of the firm.
Deep End" and going solo, in an attempt to control my destiny ever so slightly.
So, as it stands, I'm attempting to supplement my document review with a solo practice until document review supplements a solo practice. There's no glory in this. It's what I have to do to stay pertinent to the current market. As I stated before, I'm pretty convinced that law firms will not be hiring full time employees with benefits anytime soon and I'll be damned if I sit there and hope for temp projects as they are slowly shipped to India. I have more pride than that.
So, the costs are mounting. I had to buy office supplies. A better printer with a scanner. A file cabinet will be next on the list. I bought letterhead and business cards. Hence far, the costs have been minimal.
But there's one hurdle that I need to jump--legal malpractice insurance.
I did a little search on-line and the costs were crazy... over $1000 a year with $5000 and $10000 deductibles. So, I got in touch with someone that I knew through someone (I've been pushing that networking thing, Managing Partner) And she had the best rate I have heard of hence far.... $900 a year!
And she also went on to tell me that it goes up every year (one would think you'd be less of risk with more experience).
This brings me to my point... what is the worst that would happen?
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