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Just went solo lmao I'm going to die
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Date: April 21st, 2017 10:58 AM Author: awkward fat ankles home Two months in and I have $300 in gross revenue. I was not planning to have a contingency-based practice but those are the clients that are calling. It is scary as hell because I have no clue if these cases are worth $20K or zero, and whether they're going to pay out in a couple months or two years. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126151) |
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Date: April 21st, 2017 10:58 AM Author: Exciting Karate Codepig Ballsy
Good luck bro |
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Date: April 21st, 2017 11:00 AM Author: dark federal knife spot Where is TT when you need him?
Just keep cracking brother, you'll come out on top. |
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Date: April 21st, 2017 11:44 AM Author: gold insane dragon You shouldn't be going solo if you can't evaluate your cases. Being able to bring in business, and knowing which cases to turn away, are by far the two most important skills for a solo. They are much more important than actually being a good lawyer. Get a mentor that you can run this shit by before you lose your ass. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126696) |
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Date: April 21st, 2017 12:41 PM Author: Laughsome henna juggernaut THIS
"Being able to bring in business, and knowing which cases to turn away, are by far the two most important skills for a solo" |
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Date: November 28th, 2017 4:59 PM Author: Seedy step-uncle's house water buffalo (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#34791798) |
Date: April 21st, 2017 10:59 AM Author: light mildly autistic temple cuckold Get friendly with the local ID mill. Get them to settle for pennies on the dollar. Easy work . |
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Date: April 21st, 2017 11:08 AM Author: Angry lay what kind of work?
What's your background? |
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Date: April 21st, 2017 11:14 AM Author: awkward fat ankles home I have a great resume on paper. Law Review, Clerkship, small "boutique" firm, then several years of BIGLAW. The clients I'm signing don't even ask, and they wouldn't recognize the firm if they did.
I actually feel that it would've been better to come from a non-biglaw background because the clients I worked with there have no use for a solo attorney. |
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Date: April 21st, 2017 12:21 PM Author: motley nursing home I can see that. Your clients probably think the local law school >>> your T14 unless if it's HYS. Do you have the Davis Polk messenger bag in the corner against the wall?
Best of luck, brother. My ex worked in shitlaw for a few years, and her boss was loaded. A large part of his success was knowing which cases were landmines or goldmines. |
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Date: April 21st, 2017 12:28 PM Author: awkward fat ankles home No one has even asked where I went to school or what my experience is - I don't think it even occurs to them. They all just ask "do you take this kind of case?" If you say yes they assume you must know what you're doing. Anyway, I did go to the local LS. I could never have done this if I had spent the last few years paying back $100K+ in student loans.
TY - my first boss was loaded too, basically as a solo (<5 attorneys in firm). Very sadly he passed away. |
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Date: April 21st, 2017 12:57 PM Author: motley nursing home Yea, just be careful with the vices brother. I used to meet up with a bunch of solos and my GF on Friday nights. Most were generally chill bros, but a few were alcoholic coke heads. They'd ball the fuck out of control when they got a giant paycheck only to be broke the following month begging for someone to toss them a case. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127344) |
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Date: April 24th, 2017 10:10 AM Author: awkward fat ankles home This is completely accurate. Some of these guys are absolute degens. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33148087) |
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Date: September 12th, 2017 11:32 PM Author: Internet-worthy topaz hominid public bath sounds 180 (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#34197499) |
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Date: April 22nd, 2017 7:57 AM Author: harsh theater clown Clients probably think Law Review was musical theatre (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33132966) |
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Date: September 12th, 2017 11:32 PM Author: Internet-worthy topaz hominid public bath (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#34197500) |
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Date: April 21st, 2017 11:10 AM Author: navy supple weed whacker national Stay the course brother. You need 9-12 months to get up and running (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126306) |
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Date: April 21st, 2017 11:17 AM Author: awkward fat ankles home Yeah I think 12 months is a reasonable time to reassess. The one good thing about biglaw is that I saved enough money to go 24 months (or more) without making anything at all. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126395) |
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Date: April 21st, 2017 11:46 AM Author: Cerebral library circlehead then why are you bitching about 2 months then? (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126702) |
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Date: April 21st, 2017 11:47 AM Author: awkward fat ankles home just starting a conversation (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126715) |
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Date: April 21st, 2017 11:48 AM Author: Cerebral library circlehead not a pain i would necessarily spare you (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126719) |
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Date: April 21st, 2017 12:42 PM Author: Laughsome henna juggernaut (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127199) |
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Date: April 21st, 2017 4:19 PM Author: aphrodisiac pit cumskin You need to get in contact with Calishitlawmo. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33128972) |
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Date: April 21st, 2017 12:47 PM Author: navy supple weed whacker national Sounds like you've planned well. Use other lawyers as your primary marketing tool- they can be 180 for referrals (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127259) |
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Date: November 28th, 2017 5:00 PM Author: Seedy step-uncle's house water buffalo (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#34791805) |
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Date: April 21st, 2017 11:16 AM Author: bistre market Props on having the balls to do this (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126389) |
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Date: April 21st, 2017 11:19 AM Author: awkward fat ankles home ty. This was actually the #1 response from my co-workers. Biglawyers are a very risk averse group. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126425) |
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Date: April 21st, 2017 11:22 AM Author: crimson vivacious field dopamine Are you straight outta lawschool or work for another firm first? What kind of experience? (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126477) |
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Date: April 21st, 2017 11:30 AM Author: awkward fat ankles home Nah I've been out a decade. Appellate clerk, small firm, big firm. I don't think I would've had the confidence in myself until 8 years. Seeing classmates who were objectively dumber than me get named partners at local firm while I was on the biglaw 15-year partnership track was also a deciding factor. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126563) |
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Date: April 21st, 2017 12:27 PM Author: crimson vivacious field dopamine Shit, you ought to be able to make it work. Are you just doing general civil lit? (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127053) |
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Date: April 21st, 2017 12:33 PM Author: awkward fat ankles home Basically. Another solo is pushing me to take family law cases "to keep the lights on" but I don't think it's worth it to learn a whole new area of law (especially where I'd be stuck billing at like $175). I'd rather stick with what I know I'm good at.
I know you went solo a couple years ago. Did you continue working in the same practice areas as in biglaw, or did you switch? |
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Date: April 21st, 2017 12:37 PM Author: crimson vivacious field dopamine Pretty much the same practice area for me. Non-patent IP and related business matters (transactional and lit).
There's not a ton of competition in my space among other solos, so that helps.
Best sources of business for me have been Avvo (advertising and answering questions) and referrals from other solos (getting active among other solos in bar associations, etc. can be a big deal). |
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Date: April 21st, 2017 12:46 PM Author: awkward fat ankles home How long until you turned a profit? I feel like Avvo has been mostly a waste of time. Some leads but it is a big time suck to answer questions. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127238) |
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Date: April 21st, 2017 1:05 PM Author: crimson vivacious field dopamine Definitely true that most people asking questions on Avvo are just looking for free legal advice. Nowadays I only answer questions when I've got significant downtime, but I've picked up a handful of good clients that way.
I'm as low overhead as they come, so I was turning a profit pretty much immediately (luckily the firm I left sent me a little bit of work my first couple months until they figured out who else they could give that work to). It was about 6 months before I had a month where I thought "Shit, if I can bring in this much money every month we won't starve/have to sell the house/etc." |
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Date: April 21st, 2017 11:24 AM Author: swashbuckling stead all personal injury cases? (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126500) |
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Date: April 21st, 2017 11:35 AM Author: awkward fat ankles home No I don't know the first thing about personal injury. I think those would be better because the timeline is quicker - you can settle presuit etc. The insurance company knows they have to pay, it's just a question of how much. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126614) |
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Date: April 21st, 2017 11:45 AM Author: swashbuckling stead so what kinds of cases are you taking on (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126698) |
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Date: April 21st, 2017 11:50 AM Author: awkward fat ankles home employment, breach of K, trade secret. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126736) |
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Date: April 21st, 2017 11:50 AM Author: talented roast beef yuck (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126743) |
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Date: April 21st, 2017 11:55 AM Author: swashbuckling stead explain for a tranny. aren't these all better than PI? (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126791) |
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Date: April 21st, 2017 12:02 PM Author: awkward fat ankles home They are definitely less crowded markets, so it's easier to get clients. I also have way better credentials than the average local attorney in this space. But the defendants tend to fight them harder and the jurisprudence isn't as plaintiff-friendly. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126826) |
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Date: April 21st, 2017 12:05 PM Author: razzle-dazzle therapy ljl (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126860) |
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Date: April 21st, 2017 12:26 PM Author: gold insane dragon This is one of the most basic parts of small firm law: NEVER TAKE A COMMERCIAL LITIGATION CASE ON A CONTINGENCY BASIS. Employment law is OK assuming you have an understanding of the procedural hoops you have to jump through to file suit and win, but LJL at breach of contract and trade secrets. For one, you're going to get bogged down defending counterclaims for free. You're also inviting a conflict of interest with your client when non-monetary settlement terms are brokered (as they often are in these kinds of cases), and you have no way of getting paid under the deal your client wants to make. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127041) |
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Date: April 21st, 2017 12:30 PM Author: awkward fat ankles home Guess I will learn that one the hard way. What do you do? (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127083) |
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Date: April 21st, 2017 12:38 PM Author: crimson vivacious field dopamine I wouldn't say never, but definitely only take the real strong cases with good damages/attorney fee claims. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127163) |
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Date: April 21st, 2017 4:17 PM Author: gold insane dragon Yeah there are exceptions but OP clearly doesn't know enough to identify them. And chances are that if he gets one of those "real strong cases with good damages/attorney fee claims" he's going to have collectibility issues even if he wins it. Or if the defendant is well-funded, they will fight tooth and nail through appeals.
There are a lot of pitfalls to the commercial cases that a new solo would get. Usually the real winners in those kinds of cases are the attorneys because the hourly fees they collect (on both sides) are far in excess of what the clients end up benefiting in the end. Take that case on a contingency and you're taking on all that systemic risk. |
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Date: April 21st, 2017 12:43 PM Author: swashbuckling stead very helpful, ty (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127200) |
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Date: April 21st, 2017 3:00 PM Author: cerise incel "This is one of the most basic parts of small firm law: NEVER TAKE A COMMERCIAL LITIGATION CASE ON A CONTINGENCY BASIS."
Maybe not "never."
I've had some construction (mechanic's) lien cases that were done on hybrid or contingency arrangements.
That can be a decent deal, particularly when the property securing the lien is worth more than the credit of the client. |
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Date: July 13th, 2017 3:26 PM Author: awkward fat ankles home This one went to default so now I have to try to collect. ljl (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33766184) |
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Date: April 21st, 2017 1:03 PM Author: passionate chocolate jewess station Plaintiff's employment is a really hard way to make a living. Hell, it's 12 months just to get your right to sue letter for any sort of discrimination claim. Then you get to deal with very well funded defense attorneys. That is no fun. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127394) |
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Date: April 21st, 2017 11:47 AM Author: Angry lay you know anyone who can help you with these?
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Date: April 21st, 2017 11:46 AM Author: Pungent spectacular trailer park legal warrant How much to retain you for the night (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126705) |
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Date: November 28th, 2017 5:52 PM Author: Laughsome henna juggernaut Wait. . .I don't think he said that he was gay. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#34792371) |
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Date: April 21st, 2017 11:49 AM Author: nighttime stimulating church building philosopher-king i'm coming with you, Jerry! (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126729) |
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Date: April 21st, 2017 12:08 PM Author: excitant tan love of her life locus what about net (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126885) |
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Date: April 21st, 2017 12:15 PM Author: awkward fat ankles home Startup costs were actually less than I expected. Laptop, $100 in office supplies, some software. My office isn't available until summer so that's when expenses really crank up. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33126937) |
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Date: April 21st, 2017 12:31 PM Author: crimson vivacious field dopamine You don't need an office (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127088) |
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Date: April 21st, 2017 12:33 PM Author: awkward fat ankles home 3 kids out of school for the summer say I need an office. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127108) |
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Date: April 21st, 2017 12:39 PM Author: crimson vivacious field dopamine Maybe so. Working from my home office has worked surprisingly well for me, even with a couple kids, but it can be a pain sometimes. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127177) |
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Date: July 13th, 2017 11:28 PM Author: Duck-like Gas Station Preventive Strike Wait, don't clients assume you are TTT if you don't have a fancy office? (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33770120) |
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Date: April 21st, 2017 12:48 PM Author: navy supple weed whacker national And you need a Conf room for clients. Regus? (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127265) |
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Date: April 21st, 2017 12:53 PM Author: awkward fat ankles home No, it's a full time office. I just think it makes psychological sense for me to split my day up into clearly-work time and clearly-home time. Plus if I'm going to have an office I want a place where I can leave my files and computer. I don't want to be dragging that shit back and forth every day. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127310) |
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Date: April 21st, 2017 12:54 PM Author: ocher soggy depressive Could locate in a wework space, lots of small businesses, etc. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127315) |
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Date: April 21st, 2017 1:07 PM Author: crimson vivacious field dopamine I tried that for a bit. Didn't like it. Regus is kind of a ripoff, but I use a similar type of space. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127422) |
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Date: April 21st, 2017 1:13 PM Author: ocher soggy depressive What don't you like about WeWork? Have been considering going there myself if I ever go solo.. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127476) |
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Date: April 21st, 2017 1:36 PM Author: awkward fat ankles home I'd be worried about confidentiality issues. Down here these spaces are all "open" offices with like 5' foot partitions that you can easily see over and lots of common areas. They also give off a millenial startup vibe with bright colors and goofy shit on the walls. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33127700) |
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Date: April 21st, 2017 2:52 PM Author: crimson vivacious field dopamine It wasn't WeWork specifically, but a co-working space. Basically anything I did there I could have done from home without any commute, and it was actually a little easier to take/schedule phone calls from home, despite having wife/kids in the the house. I spoke with a few people co-working there absout this and that, but never ended up getting any actual clients from it. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33128327) |
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Date: July 10th, 2017 3:37 PM Author: copper hyperventilating pervert principal's office (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33743173) |
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Date: July 10th, 2017 3:37 PM Author: Big Honey-headed Liquid Oxygen OP is dead. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33743176) |
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Date: July 10th, 2017 3:48 PM Author: awkward fat ankles home should I have stayed and gunned for of counsel? (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33743290) |
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Date: July 13th, 2017 11:59 AM Author: Flushed abode associate Nah. I made 35K agi my first year. In year 4 I made 220K in pretty low COL city. Mostly dui and traffic tickets. some PI and workman's comp. Helps having a spouse making good money too. But I play golf once or twice a week now and have staff handle intake and keep current clients happy. Stick with it bro. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33764676) |
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Date: July 13th, 2017 3:03 PM Author: awkward fat ankles home ty sounds 180. I keep telling myself it is a long term decision. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33766005) |
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Date: July 13th, 2017 12:00 PM Author: bonkers rehab police squad Good luck brother! (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33764683) |
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Date: July 13th, 2017 12:01 PM Author: trip cruel-hearted foreskin Awesome, good luck bro. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33764686) |
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Date: July 13th, 2017 3:10 PM Author: swashbuckling stead what's your legal background-- gen lit? (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33766050) |
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Date: July 13th, 2017 3:17 PM Author: awkward fat ankles home yeah, although I do have a solo-friendly specialty. It's not like I was in antitrust (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33766102) |
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Date: July 13th, 2017 3:18 PM Author: swashbuckling stead gl bro. living the dream. I yugely regret going for corporate out of LS because i'm now tied to GC at the hip (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33766116) |
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Date: July 13th, 2017 3:18 PM Author: Abnormal property regret So.. How has it gone (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33766107) |
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Date: July 13th, 2017 11:05 PM Author: navy supple weed whacker national I want to jump off your cliff but (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#33769992) |
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Date: September 12th, 2017 11:25 PM Author: drab persian update? (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#34197472) |
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Date: September 12th, 2017 11:31 PM Author: dark federal knife spot He's poasting a lot. He needs to get out golfing or run for shitoffice. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#34197493) |
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Date: November 26th, 2017 8:25 PM Author: drab persian (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#34777433) |
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Date: November 28th, 2017 9:28 AM Author: awkward fat ankles home took off Thanksgiving week for first time in my working life, left office at 10 am on Wednesday and didn't do a lick of work until Monday morning. didn't even respond to emails until Monday. (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#34788270) |
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Date: November 28th, 2017 2:21 PM Author: sooty comical house are you making money yet? (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#34790407) |
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Date: November 28th, 2017 4:53 PM Author: awkward fat ankles home not quite but check again at the 1 year mark things are looking up friend! (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#34791730) |
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Date: November 28th, 2017 4:54 PM Author: Fragrant Chest-beating Point Blood Rage What savings did you have (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#34791737) |
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Date: November 28th, 2017 4:55 PM Author: awkward fat ankles home enough (http://www.autoadmit.com/thread.php?thread_id=3591099&forum_id=2#34791754) |