February 17, 2005

U.S. Tax Code

Let me just observe, after breaking the tax code in the hot sun all day, and then reading the "Regs", that I am so glad that I did not elect to take an LLM in Tax and specialize in the area. I am only blogging now, in fact, because I feel like I've hit a wall and need a break.

I listened yesterday morning to a former treasury official say that the United States deserves a tax code that looks as if it was created on purpose. Hear, hear. Can we get any volunteers to re-write the Code? And the Regs?

Posted by: Random Penseur at 03:54 PM | Comments (8) | Add Comment
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February 16, 2005

A small, if not confined, world

The world of law is a small, if not confined world. You practice, especially in big cities, among an ever changing cast of characters but often in front of the same judges. It feels closed and sometimes insular. The same names pop up, again and again. If you meet someone new, you can usually find a common point of reference, a school, a case, another lawyer, pretty quickly. In this regard, I doubt that the practice of law is really very different from, say, the world of high yield bonds. Especially at the higher end of things. But back to law.

In my world, reputation is everything. Again, I doubt that is a unique situation. For instance, diamond traders live by their reputation. And so do I. So, when I get a compliment from another attorney, a sincere compliment not a I'm blowing smoke up your ass so you'll drop your guard a bit and I can either slip one in or manipulate you, I'm pretty darn pleased.

I found one today in my email box as a lawyer I know from previous litigation sent me a referral. In this email, he described me as "wickedly smart" and possessed of a "mildly professorial demeanor", which he assures me and the potential new client he means as a compliment.

It is so nice to shine, just a little bit, even if no one outside of my insular little world really knows about it. Or cares. But I know and I can enjoy his little description. It is awful nice to be appreciated. Even nicer if the potential new client signs up, of course!

Posted by: Random Penseur at 09:00 AM | Comments (2) | Add Comment
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