Good Reasons and Bad Reasons to Start Your Own Practice

In early 2008, I left a great job as a senior associate at one of Wisconsin’s oldest, largest, and most prestigious firms to start my own practice across the Milwaukee River in an office share on Old World Third Street.  After a whole lot of work, it’s all coming together.  In the past two and a half years, I can’t begin to tell you how many lawyers I have spoken to who have told me that they too want to do this too.  But then they list a number of reasons why they aren’t ready yet and may never be ready.  I’m sure there are a number of lawyers out there who have the same thoughts, and maybe some of them are reading this blog (maybe even while they are supposed to be working billable hours).

So, rather than focus on new cases or a specific area of law, I am going to devote my month as guest blogger to issues associated with starting a law practice.  If my anecdotal evidence is correct, it is likely to have a wider appeal than anything that is substantively narrow.

This first week I will devote to the soul searching aspect of the decision.  The “why” aspect. 

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2010 Annual Red Mass

The Thomas More Lawyers Society will be holding its Annual Red Mass on October 14 at Old St. Mary’s Parish in downtown Milwaukee. The event may be of particular interest to the law school community this year as Adjunct Prof. Thomas L. Shriner, Jr., will be receiving the Society’s Faithful Servant Award – no doubt for keeping track of Dean Kearney during Advanced Civil Procedure and their Supreme Court seminar. The procession of Judges and Mass will begin at 5:30 and be followed by a reception and dinner at the University Club. A reservation form may be obtained at www.stthomasmorewi.org. Tickets are $ 55/person ($35 for students).

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Tea Party Economics

Readers of this Blog know that I have a longstanding interest in the debate over the scope of the federal government’s power to regulate the economy under the Constitution.  I am also inclined to take the Tea Party Movement seriously as a political phenomenon rather than writing them off as a group of buffoons or extremists, unworthy of attention.  For that reason, I read with some interest Kate Zernike’s article in the New York Times  on October 2 that discussed the writers whose books are most often said comprise the intellectual foundation of the Tea Party movement. 

Taking pride of place among the “long-ago texts” highlighted in the article is Friedrich Hayek’s 1944 book The Road to Serfdom.  Hayek is often cited by the movement’s followers for his argument that a government that intervenes in the economy will inevitably intervene in every aspect of its citizen’s lives.  If one accepts this premise, it is easy to understand why members of the Tea Party Movement reacted with hostility to the Troubled Asset Recovery Program (TARP), health care reform, and the bailout of the domestic auto industry.  For Tea Party followers, these separate policies – when viewed together — comprise a centrally planned economy reminiscent of the Soviet Union’s infamous Five Year Plans.

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