Careers
Lawyer’s Restaurant Becomes One of the Statistics: 2 of 3 Will Close
Posted Aug 27, 2008, 10:10 am CST
By Debra Cassens Weiss
Twenty-year legal veteran Charlita Anderson worked hard at her new Cajun restaurant in Ohio. By the time it closed, she had also learned some hard lessons about the difficult prospects for new restaurants.
Two out of every three new restaurants, delis and food shops close within three years of opening, the New York Times reports. The failure rate is the same for all small businesses.
Anderson was a juvenile magistrate when she decided to add a second job to her workday. In 2002 she opened Pepper Red’s Blues Café in Lorain, Ohio, doing everything from cooking her mother’s gumbo recipe to cleaning floors to singing for patrons. But she fell deeper into debt and 15 months later the restaurant closed, the story reports.
Anderson told the Times she asked herself, “How could someone with a law degree and as smart as you blow it this big?”
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Comments
Posted by J.D. - 3 months, 1 week, 1 day, 11 hours, 42 minutes ago
John Edwards keeps asking himself the same question.
Posted by whozat - 3 months, 1 week, 1 day, 9 hours, 26 minutes ago
Actually, J.D., it’s Edwards’ wife who keeps asking Edwards said question…..
Posted by D - 3 months, 6 days, 1 hour, 31 minutes ago
Is this a story? “I’m a lawyer, why can’t I figure out how to run a restaurant?“ Um, because as anyone who looks at the internal practices of 90% of the major firms out there can tell you, lawyers no next to nothing about how to run a business.