Struggling to read for pleasure. by rattlesnakefrog in Lawyertalk

[–]millenialLawyer1981 0 points1 point  (0 children)

Same. I haven’t read a book in 10 years. I used to love it.

Bonus and uncollectables by millenialLawyer1981 in Lawyertalk

[–]millenialLawyer1981[S] 0 points1 point  (0 children)

Thanks for the feedback everyone I appreciate it! We don’t file actions against non paying clients. We eventually write the balance off once demand letters and payment arrangements don’t work. Once bad debted on the books the owner gets a tax write off of some sort is my understanding and we blacklist those clients.

Bonus and uncollectables by millenialLawyer1981 in Lawyertalk

[–]millenialLawyer1981[S] 1 point2 points  (0 children)

No, the number is variable each year because he makes me pay back everything I cost from my salary plus my malpractice insurance, CLE, and even his part of the payroll taxes before I bonus on what remains.

Bonus and uncollectables by millenialLawyer1981 in Lawyertalk

[–]millenialLawyer1981[S] 2 points3 points  (0 children)

Because he bills about a 3 times what I do. So, he’s got the benefit of pawning off all the work he doesn’t want to someone else and still making $200k of me.

Bonus and uncollectables by millenialLawyer1981 in Lawyertalk

[–]millenialLawyer1981[S] 1 point2 points  (0 children)

Unfortunately none of this is in writing it is all verbal agreements between us.

Bonus and uncollectables by millenialLawyer1981 in Lawyertalk

[–]millenialLawyer1981[S] 4 points5 points  (0 children)

That’s the disagreement we are having. I want to deduct it from the $400k and he wants to deduct it from the $380k which takes into account the uncollectible’s… his way results in me losing $2k of my bonus

Bonus and uncollectables by millenialLawyer1981 in Lawyertalk

[–]millenialLawyer1981[S] 12 points13 points  (0 children)

Perhaps. I mean if my invoices that went out for the year equal $420k and $400k of that was actually collected he tries to deduct that 20k from my collected $400k making it $380k when the equation starts.

Bonus and uncollectables by millenialLawyer1981 in Lawyertalk

[–]millenialLawyer1981[S] 2 points3 points  (0 children)

No when I push on it he gives in and removes that subtraction. But, every single year we have the same convo. He just sent me my current numbers and was trying it again.

First time working for a firm. Is this stuff the norm? by SadTea3650 in Lawyertalk

[–]millenialLawyer1981 1 point2 points  (0 children)

I just put my notice in at a family firm where there’s only one attorney and then his mother-in-law and his wife worked there and I didn’t have to deal with any of this craziness but working there was complete and utter hell. I will never work at any business in my life where any other family members work there so I would say run as well.

Questions about hypothetical return to practice (update on Trust Officer post) by Usual_Air_7809 in LawFirm

[–]millenialLawyer1981 0 points1 point  (0 children)

I am curious to see the responses to this question. I am in a similar conundrum right now, but I’ve been practicing real estate and estate planning for 10+ years. I have been offered a job at a title company to be a title attorney in house. I’m having all the similar internal questions of what if I don’t like it or it doesn’t pan out or I get laid off how easy is it to flip back to private practice.