Tuesday, March 3, 2009

Boo-Hoo For Boston's Leeches, 'er, Lawyers

The American economy is shedding what, 600,000 jobs a month and the Globe highlights these blood-suckers on the FRONT PAGE?

Oh, boo-hoo-hoo, those who carve out a self-serving interest for themselves with legalize bunk for you and me.


I'm for common sense law: jail the rapists, murders, thieves, and lying war-criminal traitors and torturers (and lying newspapers that are helping them every step of the way) and leave the rest of us alone, 'eh?


You know what? This stoo-pid hick here (that's me, folks), the globe doesn't even think I'm reading them. They have no idea some shit-chewer like me is watching their elite stink come out there ass!

"Boom times turn bleak for Boston lawyers; Prestigious firms forced to cut jobs, freeze salaries" by Todd Wallack, Globe Staff | March 2, 2009

.... After years of giddy growth in Boston's legal industry, the party is over because of the recession. Many of Boston's most prestigious law firms have frozen salaries, slashed bonuses, and cut positions in the past few months. Goodwin Procter eliminated 74 jobs for attorneys and support staff nationwide, Nixon Peabody axed 56 jobs, Goulston & Storrs cut more than 40 jobs, Choate, Hall & Stewart let go 38 people, and Foley Hoag shed more than 30 jobs. In fact, there were so many firms announcing staff reduction on Feb. 19, some lawyers called it "Black Thursday."

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The downturn marks an entrance into uncharted territory for one of Boston's marquee industries. For years, major law firms consistently reported higher annual revenue and profits and vied with Wall Street for Ivy League law school graduates. Starting salaries for newly minted lawyers at top firms rose from $125,000 in 2005 to $160,000 two years later. And firms had little trouble passing along the cost to clients, who needed lawyers to help handle a growing number of mergers and other key business deals. That's all changed, as demand has slowed and clients look for ways to slash their legal bills....

What did Shakespeare say? Kill all the lawyers?

Then LET'S EAT THEM!!!!!!!!!!!!!!!!!!!!!!!!!!

And not every firm is shrinking. For instance, those specializing in employment law could see demand rise as companies seek to stave off lawsuits from former employees. Ogletree, Deakins, Nash, Smoak & Stewart, an employment and labor law firm, just opened a new office on Boston last month with six attorneys and three other employees. Also, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, which has a Boston office, has hired a half-dozen lawyers in the past few months in its employment practice around the country.

In addition, demand has increased for lawyers with experience handling bankruptcies, foreclosures, and patent litigation, according to a legal staffing firm. "In tough times there is less money, but people fight over money more," said Chip Fierimonte, division director for Robert Half Legal in Boston....

Still, demand overall has slowed, mostly because businesses are reducing the amount of money they spend on legal services. That, in turn, could pressure law firms to offer discounts on their hourly rates or come up with more creative ways to bill customers....

Yup, as long as the over-important, self-appointed shits can't get their pound of flesh in green!

Aside from lowering their rates, some law firms are making other changes to keep clients. For instance, Boston-based Foley Hoag recently created an economic crisis team and another team to help business clients win a slice of the federal stimulus package....

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Ooooooooh, the BAILOUT is going to HELP the LAWYERS, too, huh?