What's that old saying, "The grass is always greener on the other side of the fence (or, something like that)?
We hear lawyers continually complaining that "business is slow, I'm going to change legal fields," or, "I should have gone into some other legal specialty," or, "I'm going to accept other lines of work" - - in other words, changing areas of practice as the "tides change."
Sometimes that makes sense, but most times it doesn't. When we think the grass is greener on the other side of the fence, we oftentimes learn that is not the case when we get a closer view of the other side of the fence.
A good example of this would be the Collection Attorneys.
One would think that, in these difficult economic times, collection work would be the "primo" field for lawyers. Think again!
According to an article appearing in the Wall Street Journal on November 12, 2008, those in the collection business have hit hard times.
One would think that these should be the best of times for those persons involved in debt collection, since never has society been so in hock. But, ironically, much of the debt collection industry is struggling because there is little cash left to squeeze from strapped consumers. Those involved in collecting debts have lots of business these days, but their business only flourishes when the consumer has money.
So most Collection Lawyers, who typically work on a getting paid a percentage of what they collect, can get Judgments, but those Judgments are not getting satisfied.
So, before you drop what you are currently doing "on your side of the fence," look over on the other side of the fence to make certain that the "grass is (in fact) greener on that side."
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