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.