[Update: see various biographical pieces on my publications page, including Alan D. Bergman, Adopting Liberty: The Stephan Kinsella Story (2025).]
This was a Texas Lawyer piece from early 2009 concerning an interesting development at the beginning of my legal career in 1991-92, as a result of the last recession. Wait, make that three recessions ago. This explains how I ended up getting an LL.M. in London.
Past, Present and Future: Survival Stories of Lawyers
By Brenda Sapino Jeffreys and Miriam Rozen
Texas Lawyer
April 27, 2009

Thompson & Knight partner Paul Comeaux Image: Mark Graham
Editor’s note: These are grim times for law students and associates, with Texas firms laying off lawyers, cutting summer associate programs and deferring start dates for incoming first-year associates due to a troubled economy. So Texas Lawyer decided to talk with attorneys who have experienced tough economic times in the past and those dealing with the current fallout to put a face to what’s happening in the legal employment market.
BigTex firms have scaled back before because of economic conditions. In 1991, for instance, Dallas firm Jackson Walker asked a number of its incoming first-year associates to consider a one-year deferment in
exchange for a stipend. Two lawyers who took the firm up on that offer say it turned out to be a positive experience and helped boost their careers. But does the past offer lessons for today’s associates? We talked to a lawyer laid off from a BigTex firm
who’s hunting for a new job, as well as to a Bracewell & Giuliani associate who transferred to the New York City office when she noticed her Houston corporate practice was slowing down. Here are their stories.
Europe or Bust
Friends Paul Comeaux and Stephan Kinsella were preparing to graduate from Paul M. Hebert Law Center at Louisiana State University in 1991 and start work as first-year associates at Jackson Walker in Houston when they received a tempting offer from the firm: If they deferred their start date for a year, the firm would pay them $21,000.
While $21,000 doesn’t sound like much today — and it was only a net of $14,000 because it included a $7,000 acceptance bonus — Comeaux notes that his first-year starting salary was $55,000. That’s about a third of the current starting salaries for first-year lawyers at BigTex firms.
“They had too many lawyers coming in,” Kinsella says, noting that Jackson Walker wanted up to 15 of the incoming associates to take the deferment, and he recalls that about a dozen did.
Kinsella says he and Comeaux discussed their options, and both decided to take the deferment and use the time to get an LL.M. degree in international law from King’s College at the University of London. [continue reading…]
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