When it comes to investments, there is a lot to think about—especially, while managing the stressors and workload of law school. Having a good understanding of investment funds and approaches is essential to investing with confidence and planning for life beyond law school. The Law
Many attorneys who want flexibility and freedom have turned to freelancing for meaningful, substantial legal work. Opportunities for freelance legal work have even increased recently as law firms suddenly needed help in both litigation and transactional work—especially as courts opened up after COVID-19-related closures.
This article, written by Joshua Cohen, originally appeared in the May/June 2020 issue of GPSolo magazine, volume 37, number 3, published by the American Bar Association Solo, Small Firm and General Practice Division. All rights reserved. This information or any portion thereof may not be copied or disseminated in
Even though this new “abnormal” won’t last forever, the effects of the COVID-19 pandemic will be far reaching. Though we’ve all been hit in different ways, there are financial lessons you can take from current events to help protect you against financial insecurity in the future.
Let’s face it: very few people enjoy discussing the topic of health insurance. It’s a complicated, hugely expansive subject matter that sometimes feels out of reach. But your choices today can affect your health (and wallet) later, so it’s important for everyone to gain a high level understanding
Here’s a three-step guide to setting your course for student loan repayment, with a few cautionary tips along the way.
My dad loves to remind me how he paid for his education. He scrubbed toilets during college and worked as a punch card programmer to pay for law school. He is making a point about hard work, but all I can hear is how great things used
Getting that first student loan bill can be terrifying. For many borrowers, it is the precise moment the monopoly money of student loans becomes real debt. For young lawyers, it can lead to an epic panic. I owe how much? This can’t be right, who
Want to get your student loans paid off faster? Would you like to retire a bit earlier? What if I told you there was an easy step you could take right now that would help you accomplish those goals? These questions may sound like the beginning
While working at a large law firm has the potential to be lucrative, attorneys worldwide continue to demonstrate that it’s absolutely possible to pursue your career goals regardless of the salary you’ll earn.
Student loans are scary and sometimes downright mystifying. Do as much research as possible and ask questions, even the ones you’re afraid to ask.
The money-related decisions you make in law school could shape your life for decades. Lucky for you, we’ve got information to help you make wise moves.
Don’t bank on student loan forgiveness. Don’t borrow money that you don’t absolutely need. Have a Plan B and keep an open mind to the future.
By your mid-thirties, you are far enough along in life to understand that staying out of debt is a key to your longterm financial health. But have you ever sat down and thought about what, specifically, you need to do to stay debt-free? Here are eight simple steps that will help you.
I spoke at my law school at an admitted students’ event about how I decided on a law school. I am sharing some of my thoughts here as well because I know that many of you are making the same decision.
Many lawyers dream of opening their own practice. Maybe they are tired of being a small part of a big firm and they want to branch out on their own. Perhaps they want to relocate and open a firm in a smaller town. Whatever the reason, starting your own law firm
One of the reasons many students hesitate to attend a ABA event is because, lets face it, law school is expensive and a lot of students are not aware of the benefits of attending the events. Students will typically try to balance the cost versus the benefit and when they
By Josephine Bahn JOSEPHINE BAHN is a 3L student at New York Law School; the vice chair of Student Bar Associations of the ABA Law Student Division; and the law student member of the Council of the ABA Section of Legal Education and Admissions to the Bar. Start now to build a strong
The financial moves you make starting right now in school could affect your lifetime. Here’s how to make the smartest choices now and after you graduate. You may have a limited income as a student, but you still need financial planning skills. In fact, smart money management during law school and
By Besty Munnell “Don’t wait to learn business fundamentals and industry context on the job. Pursue practical skills every chance you get in law school.” In early March, I met with one of the second-year students I mentor at a Boston-area law school. She was deciding on her third-year courses and, as
By Nicole Israel. TODD HOOVER moved to Pinellas County, Florida, when he was 15 from an all-white neighborhood in Ohio. Hoover, now a part-time 3L at Stetson University College of Law, attended a mixed-race high school and quickly saw a discrepancy among students when it came to their ability to read. He
Law school is not for the financially faint of heart. But that does not mean you have to mire yourself in debt that will dictate your every move for years to come. With careful research, planning, and diligence, you can shrink both large and small school expenses—and even lay the