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Should I go to PI firm?
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Date: December 8th, 2025 1:38 PM Author: George Jetson Currently insurance defense attorney with book of around $1.2m per year. Making 250k-300k annually. It basically sucks, as you can imagine. Constant marketing and conference trips along with billing time sucks. My book is somewhat dependent on how many associates I can hire, so we’re constantly hiring new people, but older ones leave so it’s a net neutral for us annually. Founding partners book is around $4m and he basically does whatever he wants and is making around 700-900k a year. I’m not sure I have the energy required to oversee a book that big on a defense basis. I’ve already got 250 open matters and it’s getting hard to keep up with that. Founding partner says he’s retiring in 5 years, but I think he’s going to run this place his way until he dies.
Pi firm with some guys I know offered me a job where I could take the one pl case I currently have, which will give me a 150k fee, keep the entire fee, and they’d pay me a salary of 100k for the first year to build up my caseload with them through cases they’ve got. After that, I’d be on a % of cases they handle. They’ve got around 350 cases themselves.
Thoughts?
TLDR- pl firm pay package is about the same as I’m making and Id work a lot less but I’d be lighting my client base on fire with hope of making more after year 1 w pl firm, but no guarantee as is. |
Date: December 8th, 2025 1:39 PM Author: Adolf Hitler Uunona Do it (http://www.autoadmit.com/thread.php?thread_id=5807926&forum_id=2Reputation#49494029) |
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Date: December 8th, 2025 1:47 PM Author: potluck how in the fuck do you have 250 active matters? like seriously what the shit, man? (http://www.autoadmit.com/thread.php?thread_id=5807926&forum_id=2Reputation#49494047) |
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Date: December 8th, 2025 1:50 PM Author: George Jetson All at various stages. Some could be Presuit, some in litigation, some settled but not closed. (http://www.autoadmit.com/thread.php?thread_id=5807926&forum_id=2Reputation#49494067) |
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Date: December 8th, 2025 1:55 PM Author: gecko And how many associates to run those? (http://www.autoadmit.com/thread.php?thread_id=5807926&forum_id=2Reputation#49494080) |
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Date: December 8th, 2025 2:03 PM Author: George Jetson We’ve got a total of 8 or so associates that I’m feeding work to but they’re shared by all the partners. (http://www.autoadmit.com/thread.php?thread_id=5807926&forum_id=2Reputation#49494099) |
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Date: December 8th, 2025 1:59 PM Author: potluck this is blowing my mind. are these all pure SPS tiny ass cases? idgi. dat too many cases. how do you not commit malpractice much less actually litigate these well (http://www.autoadmit.com/thread.php?thread_id=5807926&forum_id=2Reputation#49494091) |
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Date: December 8th, 2025 2:01 PM Author: George Jetson Associates handle most of the work on small ones, clients expect that. I handle the bigger ones, trucking, catastrophic injuries, complex ones with more associate help. This is fairly normal imo. Most of my partners have way more than I do (http://www.autoadmit.com/thread.php?thread_id=5807926&forum_id=2Reputation#49494095) |
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Date: December 8th, 2025 1:47 PM Author: .,.,...,..,.,.,:,,:,...,:::..,.,:,.,.:.,:.,:.::,. can you reflect on being a lawyer and whether you enjoy the direction your life has gone (http://www.autoadmit.com/thread.php?thread_id=5807926&forum_id=2Reputation#49494048) |
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Date: December 8th, 2025 2:02 PM Author: the walter white of this generation (walt jr.) There’s no way in hell I’d ever do ID and more ppl should make the switch, but your results are better than most and you could easily end up worse off. The bizdev skills are different, the community is different, the legal skills are different. Being a wild-eyed lunatical true believer who fails to see any flaws in your own case theories is a HUGE ASSET, not flame; the reasonable, see-the-other-side moderation and caution you’ll bring with you from ID will drag you down to the seabed floor like a cinderblock if you don’t push it away with both hands. (http://www.autoadmit.com/thread.php?thread_id=5807926&forum_id=2Reputation#49494096) |
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Date: December 8th, 2025 2:10 PM Author: George Jetson Thought about that. The guy I’d be working with cant see anyone’s side but his own. One pro of going to pl side is judges tend to side with plaintiffs on motions. Discovery is the bane of my existence (companies not wanting to turn stuff over, lying to you, etc.) so at least I wouldn’t have to deal with that. (http://www.autoadmit.com/thread.php?thread_id=5807926&forum_id=2Reputation#49494127) |
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Date: December 8th, 2025 2:04 PM Author: ...,,..;...,,..,..,...,,,;.., is your book worthless outside the firm? why not start ur own ID firm w that kind of book? (http://www.autoadmit.com/thread.php?thread_id=5807926&forum_id=2Reputation#49494101) |
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Date: December 8th, 2025 2:08 PM Author: George Jetson I’ve thought of that but then I’d have to work even more than I am now. I’d be hiring a billing person, paralegal, secretary, associates and have to get an office etc. May work out eventually, but the thought of being tied to billing time is a concern since your limited to number of hours in a year on how much you can make (http://www.autoadmit.com/thread.php?thread_id=5807926&forum_id=2Reputation#49494121) |
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Date: December 8th, 2025 2:13 PM Author: Adolf Hitler Uunona Start an XO firm with your bros. I can come work for you (http://www.autoadmit.com/thread.php?thread_id=5807926&forum_id=2Reputation#49494132) |