Biglawyers 10+ years in: how is your life?
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Date: February 1st, 2023 10:40 PM Author: Ivory Address
It never stops - the emails, needing to prove your worth, the competition for clients, the billing pressure, the client complaints about the bill, the associate churn, the summer program, the emails, the texts, the emails, etc.
There’s no going back. Don’t know how to do anything but the kind of deals I’ve spent 80% of my working time on for the last 15 years. There are people a few rungs down the preftige ladder who work about as hard but get paid 1/3 as much, so that helps.
Life is pretty good. Attracted to my wife. House is fine although other people have spent more and theirs are nicer. Love my kids more than anything. Get along with my parents and siblings (although I’m the black sheep who moved away).
There’s never enough time to do everything and the first thing to go is any solo activities / hobbies.
We’re thrifty but I don’t really ever have to think about money or how much something costs (within reason). I take nice vacations. I save money.
Being partner and having a small book has helped me get some control over my life although there are always more important people who can shit on you (and do from time to time at their convenience).
(http://www.autoadmit.com/thread.php?thread_id=5282474&forum_id=2#45875204) |
Date: February 2nd, 2023 6:11 AM Author: marvelous theater stage
tier 1 city biglol firms for 6 years, tier 3 city regional firm 2 years. since then inhouse at fortune 1000 company.
I hated biglol. should've left after 2-3 years and gone regional. but I was too bitter which probably foreclosed me becoming partner forever.
(http://www.autoadmit.com/thread.php?thread_id=5282474&forum_id=2#45875968) |
Date: February 2nd, 2023 7:45 AM Author: fuchsia public bath kitty cat
7 years in Biglaw, 4 years in house, finally settled into a spot where loans are paid off, house is secured, have enough to live on to last the family a couple of years should things go totally south. It’s been a horrible journey and still is in some ways, but I can’t say I would’ve wound up in any better place through a different course. I was a member of the ITE gen with no marketable skills who rode out the worst of ITE in law school then luckily wound up biglaw secure. Alternative would’ve probably been extended unemployment during ITE then some equally bullshit corporate job earning low six figures.
Current goals are create more of a financial cushion; avoid striver mistakes (eg expensive private elementary school where there’s a free great public school nearby); get into a place where I might be able to transition to something else in a few years.
(http://www.autoadmit.com/thread.php?thread_id=5282474&forum_id=2#45876071) |
Date: February 2nd, 2023 10:57 AM Author: Angry space
Are there any regrets about not doing it on your own and starting your own firm?
Any regrets about not doing “lawyer work” like going to trial, advocating for proles, going after shit industries and scams, cleaning up the city and state muck, defending high profile people from THE SYSTEM?
What separates a biglaw lawyer from someone like CLSG or those succesful lawyers everyone knows about it in every city? Just pure Entrepreneurship??
(http://www.autoadmit.com/thread.php?thread_id=5282474&forum_id=2#45876728) |
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Date: February 2nd, 2023 8:00 PM Author: Razzmatazz brass digit ratio corner
For a while on XO, there was great fascination with franchising. People saw it as a way to get rich without having to take any risks or demonstrate any entrepreneurial instincts. I tried to explain to poasters how lol-worthy this idea was, maybe I got through to a few of them.
The attraction to Biglaw is similar for a lot of people out there. It's seen as a way to get rich by following instructions, painting by numbers, and climbing the ladder in a relatively risk-free manner. But if you have that mindset, you get pushed out after a few years and make 250k in house while telling yourself that's what you wanted all along. Not really speaking from experience but the people who succeed in Biglaw, to the point of actually making millions a year, combine intelligence with strategic socializing and networking, being in the right place at the right time, and a Herculean capacity for drudgery. They probably worked harder to get those seven figure incomes than they would have if they had just started some company.
(http://www.autoadmit.com/thread.php?thread_id=5282474&forum_id=2#45879356) |
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Date: February 2nd, 2023 8:25 PM Author: Vivacious parlour
-no. i don't have that kind of hustle/risk tolerance and i didn't get a portable book big enough to matter until recently. i get offers from higher PPP firms all the time but i have yet to feel that it's worth it to burn down whatever i've built so far and start over
-i go to trial fairly often and do enough pro bono work with proles to stifle any regrets
-hustle, practice area, era. CSLG is atypical. you don't see many "successful lawyers" in a town that are broadly famous in a city that are under 50
(http://www.autoadmit.com/thread.php?thread_id=5282474&forum_id=2#45879478) |
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