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Sep. 15, 2010

Newly Minted Lawyers Going Solo

Many young lawyers have struck out on their own since the economy started its downward spiral. Solo practitioners represent about 2.9 percent of all lawyer jobs reported for the class of 2009, compared with 1.9 percent for the previous class.

By Anna Scott

Daily Journal Staff Writer

Nathaniel Kelly's career options seemed limitless when he was hired two years ago, right out of USC law school, for a six-figure job in the Los Angeles office of the corporate firm Kaye Scholer.

But as the recession took hold, Kelly, an associate in the corporate finance department, saw the deals he was working on fizzle. By February 2009, he said, his billable hours had withered and the firm had started... (continued)

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