My latest posts

Law School at 40

Ready for a career change? This is my advice for older, non-traditional students who are considering applying to law school.

The Cravath System & Pedigree: Biglaw Talent Acquisition

The Cravath scale drives Biglaw salaries, and the Cravath System drives Biglaw hiring. The criteria that Cravath used nearly a century ago to find entry-level associates with the right “raw materials” are used in interviews for Biglaw firms and other elite institutions today. Here’s a guide to how the system works and how you can make it work for you.

An Interview with a 30-Something Retired Lawyer

We interviewed a person who recognized the power of money early in her life. She used her Biglaw salary to pay off her student loans and saved enough to retire after 5 years of working in Biglaw, thanks to her sound investment strategies and super low cost of living.

What a Tax Expert Wants You to Know About Short-Term Rentals

Real estate rental income is generally exempt from self-employment tax, but there are some key exceptions. Our guest author, a tax professional, walks us through the income tax consequences of different kinds of activities.

The Disadvantages of Index Funds

There is no such thing as a perfect investment. Even index funds have downsides, though few are deal-breakers. Here’s what to consider when choosing an index fund and some reasons to consider ETFs.

Student Loan Forgiveness During the Biden Administration

Student loan forgiveness is a hot topic, and one that can have a significant impact on millions of Americans. Does the president have the authority to cancel student debt? Can Congress do it? Here’s a summary of where things currently stand with the student loan “freeze” and forgiveness.

Save more money than your friends

One email each week covers personal finance, financial independence, investing and other stuff for lawyers that makes you better.