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Why are transactional lawyers so bad at training?

Had a partner rip into me for not knowing every aspect of a ...
magenta cumskin box office
  10/21/17
The person in question is a sociopath and knows perfectly we...
pale becky
  10/21/17
What does reg t do?
slippery abnormal hominid
  10/21/17
Regulates margin accounts and what a broker dealer can and c...
pale becky
  10/21/17
you're not "in house" youre a compliance monkey
aggressive fantasy-prone property patrolman
  10/22/17
this is common with all types of lawyers
Sticky appetizing mad cow disease jap
  10/21/17
...
deep wonderful national security agency
  10/21/17
Plus, the fuckups of junior generate more billables so minor...
pale becky
  10/21/17
So why do partners get so batshit crazy about errors then?
Laughsome library
  10/21/17
They're neurotic crazy people by nature. That's just the typ...
deep wonderful national security agency
  10/21/17
because their whole lives are wrapped up in believing that a...
naked floppy locus
  10/21/17
...
naked floppy locus
  10/22/17
Reminds me of law school and ls exams. Perfect training for ...
trip university organic girlfriend
  10/22/17


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Date: October 21st, 2017 11:11 PM
Author: magenta cumskin box office

Had a partner rip into me for not knowing every aspect of a particular deal, even though he knew I had never done one of these deals before and offered no training or assistance. Like only an idiot wouldn't know that when assigning an airline lease, you're supposed to get a consent from Skymall 30 days before closing.

It reminded me of another midlevel I used to work with who burned through a number of first years asking them to do diligence, never explaining what they were even looking for or even give them the precedent to read through, and then get mad when this kid who just spent 3 years studying civil procedure didn't know to list that one of the company executives was 61 years old as a risk.

(http://www.autoadmit.com/thread.php?thread_id=3771091&forum_id=2#34498867)



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Date: October 21st, 2017 11:19 PM
Author: pale becky

The person in question is a sociopath and knows perfectly well what he's doing. He's getting off on torturing you and making himself look more indispensable than he actually is to his superiors or the client or whomever is following your work. On the upside if you ever go in-house it will be the other way around and just as bad. We train and get trained incessently and the training is often completely useless. Like I have mandatory training each year on Regulation T. I have never worked on Reg T compliance in my life. The training is completely worthless for me but every year I get a 4 hour lecture on Reg T. They do this because the Reg T fucktard has maybe 2 hours of actual work in a given day and they need him to run around training people to justify his enormous compensation.

(http://www.autoadmit.com/thread.php?thread_id=3771091&forum_id=2#34498942)



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Date: October 21st, 2017 11:34 PM
Author: slippery abnormal hominid

What does reg t do?

(http://www.autoadmit.com/thread.php?thread_id=3771091&forum_id=2#34499056)



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Date: October 21st, 2017 11:39 PM
Author: pale becky

Regulates margin accounts and what a broker dealer can and cant do with idle cash in customer accounts.

(http://www.autoadmit.com/thread.php?thread_id=3771091&forum_id=2#34499096)



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Date: October 22nd, 2017 1:16 AM
Author: aggressive fantasy-prone property patrolman

you're not "in house"

youre a compliance monkey

(http://www.autoadmit.com/thread.php?thread_id=3771091&forum_id=2#34499879)



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Date: October 21st, 2017 11:21 PM
Author: Sticky appetizing mad cow disease jap

this is common with all types of lawyers

(http://www.autoadmit.com/thread.php?thread_id=3771091&forum_id=2#34498963)



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Date: October 21st, 2017 11:21 PM
Author: deep wonderful national security agency



(http://www.autoadmit.com/thread.php?thread_id=3771091&forum_id=2#34498969)



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Date: October 21st, 2017 11:24 PM
Author: pale becky

Plus, the fuckups of junior generate more billables so minor fuckups that are guaranteed to get picked up on the partners review of your work are engineered there intentionally. Even if they end up writing down your billables they still add the partners hours at a higher billing rate and come out ahead. Your incompetence makes them bank. God forbid if your docs are perfect and dont need redline edits. That's hours they cant bill and calls they cant schedule.

(http://www.autoadmit.com/thread.php?thread_id=3771091&forum_id=2#34498995)



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Date: October 21st, 2017 11:33 PM
Author: Laughsome library

So why do partners get so batshit crazy about errors then?

(http://www.autoadmit.com/thread.php?thread_id=3771091&forum_id=2#34499049)



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Date: October 21st, 2017 11:34 PM
Author: deep wonderful national security agency

They're neurotic crazy people by nature. That's just the type of person likely to survive and thrive in the environment. It's also the type of personality likely to drive up billables (even, or especially, for needless work), such that the firm with such people is likely to be profitable & survive.

There's no grand plan to it.

(http://www.autoadmit.com/thread.php?thread_id=3771091&forum_id=2#34499059)



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Date: October 21st, 2017 11:35 PM
Author: naked floppy locus

because their whole lives are wrapped up in believing that attention to mundane detail is important. they gave the best years of their lives, their marriages, and the opportunity to be involved in the children's lives for these details. imagine if they weren't that big of a deal. it's too horrifying for them to contemplate.

(http://www.autoadmit.com/thread.php?thread_id=3771091&forum_id=2#34499064)



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Date: October 22nd, 2017 1:13 AM
Author: naked floppy locus



(http://www.autoadmit.com/thread.php?thread_id=3771091&forum_id=2#34499857)



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Date: October 22nd, 2017 1:15 AM
Author: trip university organic girlfriend

Reminds me of law school and ls exams. Perfect training for practice.

(http://www.autoadmit.com/thread.php?thread_id=3771091&forum_id=2#34499866)