[Update 11/26/11: Today's NYT op ed gives a nod to programs like those I mention below in "Legal Education Reform: The economic downturn is forcing overdue changes in training for lawyers"]
"More Lawyers Skip the Partner Track to be Entrepreneurs" reports the New York Times today in an article by Eilene Zimmerman (the online version appears here with a slightly different headline from the print version). Zimmerman profiles a number of lawyers who went out on their own, part of "what appears to be a trend of lawyers in their mid-20s to early 40s leaving large firms to start their own small ones." Among their struggles are time-management, client development, billing, and leveraging start-up costs/overhead.
Should law schools offer education on these and related matters targeted to lawyer-entrepreneurs? I say yes.
Here at Michigan State I've partnered with my colleague Dan Katz on new curriculum to prepare lawyer-entrepreneurs, including the creation of a summer program, 21st Century Law Practice, to be held at the University of Westminster in London June-July 2012. And I know other law schools are offering educational opportunities for entrepreneurial-minded students, like Michele DeStefano Beardslee's LawWithoutWalls at Miami Law, which brings together students from around the globe and matches them with entrepreneurs, practitioners, subject matter experts, academic advisors, and venture capitalists. (I wonder whether David Segal--if you missed it earlier this week see here and here--will focus his next legal education article on programs like these and others, where schools indeed are teaching lawyering, along with other skills necessary to create and sustain a vibrant law practice in the 21st century...)