Wednesday, May 8, 2024

The Firm, by John Grisham

Title: The Firm
Author: John Grisham
Borrowed from DC Public Library Audiobook
Started: 5/6/2024
Finished: 5/8/2024

Haven't read this book since it was first published in 1991.  I know that was more than 30 years ago so some of what I'm going to say is obvious.  But since this is a blog for one, I might as well entertain that person (me).

First -- I was about 18 or so in 1991 and didn't know anything about law firms.  As it turned out, that's where I've spent my entire professional career (as a law librarian) but the firm/billing/retreats were all very similar to what my first law firm experience was like (I was there almost 20 years).  

Second -- while I'm aware of inflation, this book really brought it home, what it looks like over decades.  Top of his class Harvard grad is being recruited by DC/NY/Chicago firms.  Their salaries ranged between about $56,000 to $68,000.  And that is thought of as big money.  The Firm (in Memphis) is offering $80K which is get rich money.  The Firm's head librarian is paid the unheard of salary of $40,000 a year.  

Third -- interest rates for a home purchase are about 10% and the firm is offering a discount down to 7%.  This one was a bit easier for me since my student loans from the late 90s were in the 9% range.  But of course 7% rates now (2024) are considered high....

Anyway, to the book -- I enjoyed this a lot. Probably more than when it first came out.  But I'm 30 years older and have worked in law firms for 25+ years.  Decided on the re-read since Grisham wrote a follow up.  I don't expect it to be good, but wanted a refresh on the original.

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