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Job Survey: Counsel

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Location: Dallas, TX
Experience: Mid-level
Highest Level of Education: JD or LLM



Job Responsibilities
Represent corporate clients in litigation matters. This entails conferring with clients; appearing with and/or on behalf of clients in court; research, strategizing, planning and preparing for depositions, administrative and court hearings, trials, settlement conferences, and meetings of various kinds.
Job Requirements
To become a lawyer requires attainment of a J.D. or L.L.M. Degree at a law school and licensing by the bar association of at least one state upon graduation. Prerequisites for enrollment in Law School are: 4-year college degree (B.S. or B.A.), plus a high GPA (varies by law school)and acceptable score on the standardized Law School Admissions Test(again varies by law school). Unlike most undergraduate schools, law school grading is based on direct competition among the students, from first in class to last. Typically, the most prestigious law jobs go to the top 1/3 of a law school class, and top 10% virtually assures one of landing a high-paying first job. Competition in law school is therefore quite intense. The other big deal in law school as far as post-graduation marketability is Law Review. By invitation based on first year grades, or by writing a paper deemed good enough, students get to work on the law school's Law Review, i.e., its scholarly periodical publication. Some law schools have two or more Law Reviews, making it a bit more available for folks to grade or write their way on board. Although it is a bit of an oversimplification, the addage goes that first year of law school, they scare you to death; second year they work you to death; and third year they bore you to death. The first year is daunting, and people who drop out usually do so at or right after first year. Second year, the workload doesn't ease up, but people generally work harder trying to maintian or improve their class stadning. By third year, a sizable portion of the class has already accepted employment upon graduation, is working part-time at a law firm, or both. First year, everyone takes the same courses: torts, contracts, property, basic courtroom procedure and the like. Second and third years, students have some say in which direction they go: Litigation, or transactional law, e.g., real estate, securities, finance, tax, the list is extensive. Most of my law professors were reasonably available outside of class for questions. But in class waas another story. There is a now old movie (and book) called The Paper Chase, and it is pretty accurate as far as atmosphere, class tension, and the like. Professors use the Socratic Method of teaching, meaning they call on students to answer questions throughout each class session and rarely if ever just give straightforward lectures. You can be sure that the one day you have not read your homework will be the day the professor calls on you. The workload in law school is enormous, and it is ill-advised to try to hold down even a part- time job whill attending law school full time. Some law schools do offer night classes for working students, but don't expect to finish in less than four or five years if you take that route. Not that that's so terrible, just know what you are in for before embarking.
Uppers
Good pay. Not as good as doctors for most, but good. Prestige. Career options. While many ifn ot most law school graduates go to work for a law firm, many go to work directly for a corporation or for the government. A select few few go to work as briefing attorneys for state and federal judges. Our newest U.S. Supreme Court Justice John Roberts was once himself a "clerk" for Justice Rehnquist.
Downers
You will find that as you practice, over the years newer and newer attorneys are making higher and higher starting salaries, which can be frustrating after you work five or six years to reach a salary that they get right out of law school. The competition for business is very intense, and lawyers' business generally tends to be cyclical along with the rest of the economy.
Lifestyle
Long working hours, either at the office or, if you're lucky, traveling. For the last four years, I have traveled approximately 80% of the time. Even without travel, you will have difficulty finding time for your family. Business attire is not always required, depending on the firm, and depending on whether or not you are appearing in court.
Compensation
I currently make a base of $160,000.00, with a bonus that varies with profitability. My lowest bonus the last four years was $2,500.00, my highest was $16,000.00. I am not a partner. Partners share directly in profits, and in our good years, the top partners make millions. We get our health, disability, and life insurance subsidized, as well as a 401K. The firm also pays bar dues, occupation taxes, and tuition for continuing legal education, a modest yearly requirement in most states.
Advice to Jobseekers
Study the field first. Then if you want it, go for it. Law school and practicing law will challenge you in every way you can be challenged intellectually, financially, and emotionally. It is tremendous hard work, and a lot of it. But for those who apply themselves fully, the financial rewards can be great, and the job satisfaction can be tremendous. The first time I won a jury trial and got a great result for my client, it made it all worthwhile for me.

This Counsel career survey is just one of 1000s of exclusive career surveys available on Vault. Find out what it's actually like on the job with Vault's job surveys.

Read all Vault Career Surveys for the inside scoop on specific jobs
Read Vault Employee Surveys for the inside scoop on specific employers
Read Vault Student/Alumni Surveys for the inside scoop on colleges and grad schools