About WDFloyd

Dave Floyd is an attorney, real estate broker, real estate investor, and trivia host in Austin, Texas. He works with the Foskitt Law Office and is an owner of Floyd Real Estate. He lives in the Zilker Neighborhood, and is a graduate of the University of Texas at Austin and the Washington & Lee University School of Law.

Thursday, October 27, 2011

Law School: Washington & Lee's Third Year Program


5 Year Reunion of my W&L 03L Class



Law school: now there's a place I don't miss.  I say that with love, as I think my experience at the Washington & Lee University School of Law was quite good.   We had great professors and as a class we were rather laid-back for a group of prospective attorneys. While I've pursued a very non-traditional route (as has a very good friend from my class who now works for the State Department), most of my class went on to good gigs at impressive law firms on the east coast and in the South or to nice clerkships in Federal District, Appellate, Magistrate, and Bankruptcy courts around the country.  While I have finally made the transition over to being mostly involvement with Prism Risk Management as an owner and CEO, my law degree does come in handy several times every day.  Also, being a lawyer does help me work on Bar & Grill.

The reason I'm thinking of the magical three years I spent in Lexington, VA, (a charming place, BTW) is that I recently watched a video about the redesign of W&L's third year program.  Not unlike Baylor Law School, which has for years differentiated itself from other Texas law schools by offering an excellent third year practice court program, W&L has instituted a program for 3Ls which has practical litigation simulations as well as practical transactional simulations as the curriculum for the entire third year.  It's an interesting concept for a top tier law school to engage in such a departure from the norm.  It seems as though a strong set of clinical programs would have been a prudent alternative.  However, W&L must be doing something that resonates as I recently saw it on a list of top schools preferred by hiring partners and I've there is enough positive buzz about the program that I've heard about it through a few mentees the Austin Bar's mentorship program.

Changes in the economy have led to changes in the traditional patterns of law student recruitment and practical legal education obtained by entry level attorneys at firms.   It seems as though the W&L third year program would be especially desirable to mid-sized firms which want quality law school grads but make not have the resources in place to provide much in the way of formal training in the practice of law.   Personally, I benefited from several of my traditional 3L classes such as Federal Energy Regulation and Securities Regulation.  While not on point with what I do know, the collateral knowledge has been useful.  Also, the general sloth of the 3L is a welcome break from the intensity of the 2L year and the much more intense period which follows law school.   I haven't spent an entire week in Vegas since my 3L year, and it's only been in the past couple of years that I've been able to spend an entire week off anywhere.

Note: a week in Vegas is not a good idea for anyone at any age.  Vegas is best enjoyed in 2-3 segments. 


Business: Risk Management 101

Now that the new Prism Risk Management website is live, I've started to work on the Prism Risk Management blog.  The blog has several purposes, and one of them is content marketing for Prism and its available consulting services.  I'm starting a Risk Management 101 series, in part to market Prism online and in part because I (and this may seem weird) enjoy explaining things and informing people. 

The first Risk Management 101 post is up, and it's an explanation of what makes something insurable by property & casualty insurance.  I've taken some material from the Risk Financing (4th ed, pub. by AICPCU) textbook from the CPCU course and attempted to make it more accessible to someone not immediately familiar with the concepts. 

I have a lot of other concepts in the pipeline, and will post more here as they are implemented. 

Tuesday, October 25, 2011

Bar & Grill: Double Feature Video


Bar & Grill: Double Feature, presented by AYLA and benefiting the AYLA Foundation, just a few weeks away.   Purchase tickets online for one or both nights of lawyer themed hilarity, on the docket for the evenings of November 11th and 12th at Austin's historic State Theater.

If you still aren't convinced, then be sure to watch the official Bar & Grill: Double Feature promotional video.

Events: HYP Homecoming Happy Hour

Tomorrow night (Oct 26), be sure to stop by Molotov between 6-9p in order to be part of the Austin Habitat Young Professionals "Homecoming" happy hour.   The suggested donation for this event is $15, which you can pay online or at the door. 

Your $15 donation includes:

  • Rudy's BBQ
  • Bacardi drink specials
  • Entry into the door prize contest
If you show up dressed to support your favorite college football team, you will be entered to win an extra door prize (I think this event counts for A&M fans, although I'm not sure).  Furthermore, all donations for this event will be met by a generous 100% matching grant from the good folks at State Farm

Austin Habitat Young Professionals is an organization dedicated to getting young professionals engaged with Austin Habitat for Humanity as well as generally engaged in community and charity activities.  HYP members support Austin Habitat through fundraising and by volunteering on Habitat builds.  HYP is a great way to meet fun people who share an interest in making the dream of affordable housing a reality for the Austin community.

Austin HYP:  Have Fun.  Build a House.  Change Lives.

Events: Black & White Ball Follow-Up

The Texas Advocacy Project’s 2011 Black & White Ball was a success on multiple levels.  My guests at the Prism Risk Management table all appeared to enjoy the evening.  Furthermore, I heard several comments at the table complementing the excellent set-up and execution of the event.

I was highly impressed by the effort the Project’s staff and volunteers put into countless details.  And, it appears that overall it was very successful vis a vis fundraising.   Prism Risk Management was pleased to have had the opportunity to support the project as a gold level sponsor of the 2011 Black & White Ball.

The Texas Advocacy Project is dedicated to providing legal solutions to ending domestic violence.  If you are interested in helping to support the project, please visit the Texas Advocacy Project website to learn more about becoming a Justice Partner or a future event sponsor.

Note:  I am the CEO and General Counsel of Prism Risk Management, LLC,  I am also on the board of directors of the Texas Advocacy Project. This post is copied on the Prism Risk Management blog.  

Monday, October 24, 2011

AYLA Website

If you haven't been to the Austin Young Lawyers Association's website in a while, check it out.  It's looking good after some recent revisions.  

Bar & Grill: Double Feature



 Rehearsals are underway for the annual Bar & Grill show presented by the Austin Young Lawyers Association and benefiting the AYLA Foundation.   Bar & Grill is consistently Austin's best value in lawyer themed musical comedies.   Unlike the previous two years, Bar & Grill will be divided into a double feature (hence the title).  The first act is sketch comedy combined with musical numbers, while the second act is a parody of Little Shop of Horrors

Here's a description of Bar & Grill: Double Feature from the State Theatre's website

DOUBLE FEATURE, the 19th Annual Bar & Grill Show, November 11th and 12th, The State Theatre. Each year, attorneys from all over Austin gather to poke fun at the legal profession through a night of musical theater parody. This year, Bar & Grill celebrates its 19th year by holding a 1950’s style “Double Feature.” And what better place to do so than the historic State Theatre? In the first show, a mysterious meteor shower leaves behind an unusual, magical book that teaches lawyers “How to Succeed at Law Without Really Crying.” After intermission, you’ll find yourself smack dab in the middle of a “Legal Shop of Horrors.” Get your tickets now for what promises to be another exciting, hilarious production. All proceeds benefit the Austin Young Lawyers Association Foundation, a nonprofit furthering professional, charitable and educational purposes since 1958.
 Bar & Grill: Double Feature will be playing at Austin's historic State Theatre on the nights of November 11th and 12th.  Tickets for Bar & Grill: Double Feature are available now online.

Friday, October 14, 2011

Events: Texas Advocacy Project Black & White Ball

I'm looking forward to tonight's Black & White Ball fundraising event for the Texas Advocacy Project.  I've been on the board of the Project since January 2010, and I am very pleased to be able to have my company, Prism Risk Management, come in as a table sponsor this year.  The gf and I will be there along with a very fun group. 

The Texas Advocacy Project is a non-profit organization which provides legal solutions to end domestic violence.   The Black & White Ball is the Project's major annual fundraising event.

Prism enjoys supporting the Project and it's work.  Prism has also provided donations to the Austin Sunshine Camps, Habitat Young Professionals, and The Creative Fund this year.

Thursday, October 13, 2011

Prism Risk Management Website is Live

I'm very pleased to announce that the new website for my company, Prism Risk Management, was launched this morning.  It looks great.  Many thanks to The Mod Studio and The Intelechy Group for all of the work they put in on the site.

Bar & Grill: It's Almost Here

Looking for the best lawyer themed musical comedy show in Austin?  Of course you are, so mark down November 11th and 12th as the performance nights of the 19th annual Bar & Grill (presented by the Austin Young Lawyers’ Association).    This year’s theme is a sci-fi double feature; Part I is “How to Succeed in Law Without Too Much Crying” and Act II is “Legal Shop of Horrors.”  Bar & Grill will be one of the first shows to be performed at Austin’s historic State Theatre since it reopened follow repairs from extensive flood damage.

Tickets are available online, and please email wdfloyd@prismrm.com if you’d like to talk about sponsorship opportunities.

Bar & Grill, in addition to being highly entertaining, is a fundraiser for the AYLA Foundation.  I have acted in Bar & Grill in 2006, 2009, and 2010 as well as contributed to the writing of the current, 2010, and 2009 shows.  It's a lot of fun and I look forward to it every year.

Monday, September 5, 2011

Events: Ice Ball 2011

View from patio of Director's House at McDonald Observatory
 


video by WDFloyd's iPhone (November 2011)
photo by WDFloyd

A few weeks ago, the gf and I attended the 2011 Ice Ball fundraiser for Central Texas Big Brothers/Big Sisters.


I knew I was in for a good night when the pork belly arrived at the VIP reception.  It was like eating the honors/AP version of bacon.   However, beyond the tasty pork products, I was very impressed by the fundraising which occurred at the event.  Not only was the silent auction packed with great items, but the live auction was one of the best I've seen in a while.  And, it was good to see Big Brothers/Big Sisters raise over $65K from the "paddles-up" pledge portion of the live auction.


I was especially envious of the person who won the McDonald Observatory package in the live auction.  Last November, I spent a night at the observatory.  Our group stayed in the Director's House (see photo and video clip), which has one of the most awesome porches I've ever hung out upon.   The winners of the Ice Ball observatory auction package will be enjoying a couple of nights at said house.  I think the video will illustrate why I'd like to go back. Whoever won this package not only provided thousands of dollars in generous support to Big Brothers/Big Sisters, but is also in for a great time out in West Texas.


Overall Ice Ball 2011 was a very good time, with some excellent food provided by sponsors including (but not limited to):

As you may know, I've been a faithful patron at The Tavern for several years and I'm very fond of their delicious "white wings."  I also frequently eat at Maudie's.  Moonshine is a favorite as well, not just for the food but also for their generous support of Habitat Young Professionals.  And, North is now on my list considering the awesome scallop dish they served at Ice Ball.

Saturday, August 27, 2011

Cycling: Hydraulic Brakes + 105 Degree Heat = No Bueno


photo [by WDF's iPhone]: my heat impaired bike on the roof of my heat disliking VW Passat



Right now, as I write this post, I would like to be riding my mountain bike in the Barton Creek Greenbelt.  Unfortunately, it's too hot.  And, when I say "too hot," I don't just mean that I'm staying indoors to avoid a heat related injury.  No, it is apparently too hot for my bike's brakes to function properly.

I have a 2010 model Gary Fisher Cobia equipped with the stock ProMax hydraulic disc brakes and ProMax Hornet brake levers.  Apparently, the rear brake on said bike does not like the heat.  Since June, I have experienced several incidents wherein the rear brake has spontaneously engaged and locked up.

After consulting a couple of bike mechanics and having the brakes bled, I figured the problem would have been solved.  Unfortunately, the problem happened again last Sunday while the gf and I were attempting to ride over to Zilker Park.  I blamed the heat, and had this suspicion confirmed by a mechanic at the Bicycle Sport Shop.  His prognosis was that my bike's hydraulic fluid is heating up and expanding (both from the rotors/disks getting too hot as well as the air temperature cooking the fluid in the lines).  He mentioned that bike owners with varying levels of hydraulic brake systems (including high end systems like Shimano Deore XTR) have been coming into the shop with the same problem I've been experiencing.  He mentioned this right before I asked is buying a better set of hydraulic brakes would solve the problem.   As though the bike wanted to corroborate his story, the brakes began to function normally as the bike sat in the store's air conditioning; however, the rear brakes seized up merely from riding home on my roof rack and being exposed to the heat outside.

This is a fairly annoying problem for a mountain bike braking system to have.  For Summer 2012 I will be in search of a hydraulic system which can stand up to the heat as:


  1. Austin can be insanely hot in the summer; and, 
  2. You can't ride trails at night to take advantage of relatively cooler temps; and, 
  3. Hydraulic disc brakes have excellent stopping power.

If you have a mountain bike with hydraulic disc brakes and they have been misbehaving this summer, it's quite possible that the heat is to blame.  If I find a braking system better suited for summer in Austin, I'll be sure to share on this blog.

On a more retro note: I'm also planning to have my old Trek 8000* refurbished.  It is equipped with some very old school wire pulled cantilever brakes which should be impervious to the heat.   That will be a good set-up to have, as I like for me to be the thing on my bike with the least heat tolerance.  



*Old, as in from 1991.  It has an incredible white-with-black splatter paint job which pegs it as belonging to a very tasteless year.  



Thursday, June 30, 2011

Events: The Creative Fund Is Officially Launched!

Tuesday night marked the launch of The Creative Fund.  In a packed event held at Malverde, Creative Fund chairman Scott Lawrence unveiled our new logo and announced our plans to impact arts in Austin.  I'm very excited about plans and prospect for this new organization.  It's going to do a lot of good in the Austin community. 

I'd write more about The Creative Fund, but instead of paraphrasing I'll post the details from The Creative Fund's website:

About

The Creative Fund is a collective group of like-minded, arts-focused, passionate individuals coming together to support emerging and innovative arts organizations and individuals.
The Creative Fund was born out of a love to support Austin arts. Our strategic partnership with the Austin Creative Alliance and a membership of more than 50 active art enthusiasts prior to our launch, The Creative Fund is on its way to becoming one of our community’s most energized arts initiatives.

Mission

To fund new and innovative performing arts at any venue in Austin.

Vision

The Creative Fund becomes a bridge that connects emerging artists with patron resources, elevating innovative works of art into larger venues with larger audiences.

Values

Inclusiveness…Collaboration…Passion…Accessibility… Respect for the artist… Advancement of Austin arts at home and beyond.

How We Do It

The Creative Fund raises money through its events and its membership dues in order to fund local performances.  Any arts organization may apply for funding through an application process.  The Creative Fund will fund performances at any venue including non-traditional spaces.

Organization

The Creative Fund consists of an operating board and members-at-large who are invited to join one of the committees (communications, membership / volunteer, fundraising and programming).  The Creative Fund operates under the umbrella of the Austin Creative Alliance (ACA), a 501c3 corporation, and all cash and in-kind donations collected by The Creative Fund are processed through ACA and are considered tax deductible to the extent allowed by law.  The Creative Fund’s selection committee reviews and recommends how the funds are disbursed.  All recommendations will be subject to board approval.

Board Members

Scott Lawrence, Board Chair
KD Hausenfluck, Vice Chairhttp://scottnatx.wordpress.com/Michael McGill, Treasurer
Emily Torgerson, Secretary
Amy Holloway, Austin Creative Alliance Board Appointee
Dave Floyd, Membership Chair
Michelle Alvarez-Olson, Membership Chair
Pat Buchta, Program Chair
Ariel Zarate-Carmona, Program Chair
Reed Arnos, Fundraising Chair
Katie Osborne
Dustin Little