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Earl: Are you glad u took the Midlaw offer rather than Biglaw??
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Date: June 23rd, 2012 2:50 PM |
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Date: June 23rd, 2012 2:51 PM |
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Date: June 23rd, 2012 2:53 PM
I got an offer from a V-20 in NYC but I dont regret going back. The biglaw firm in LA I got an offer for had compressed salaries and would have docked me a seniority year, so I would not be making that much more there anyway.
In the end, I potentially have a long term future at this firm, whereas I dont think I would have one in biglaw. At my level of seniority thats the best I can hope for other than some non existent sweet in house gig.
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Date: June 23rd, 2012 2:58 PM
I just am very apprehensive. I am definitely taking a major pay cut with the agreement in my employment contract that it would be made up with by bonus if I billed similar hours to biglaw.
Biggest concerns are 1. billing hours is a lot harder because deals are smaller and clients nitpick your hours so much more, 2. although I won't have crazy ibank clients to the same extent, clients will be crazier in different ways, 3. I will miss the prestige and "excitement" of the crazy huge deals....
On the bright side, I actually think at least a couple of my smaller clients will follow me....
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Date: June 23rd, 2012 3:02 PM
2) They aren't crazier (except for cheap). They are less sophisticated and require more hand holding. they are less insanely anal and demanding of time which is nice. they arent working sunday morning and they dont expect you to be either.
3) When you dont have to work nights and weekends you stop missing this pretty quick.
I am still curious about the billed/collected thing. |
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Date: June 23rd, 2012 3:07 PM
for 2, I don't think I mind hand holding. makes me feel smart. less insanely anal and demanding....and not wanting you to waste their money being insanely anal sounds great.
for 3, that sounds awesome. I have worked every weekend and 80% of nights for two months straight.
They said it is what I bill, not what they bill to the client or collect. It isn't that huge a risk for them....even with a shitty 80% realization rate, they are still making good money on my marginal hours...and since all the attorneys are senior, they probably aren't cutting bills as much...
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Date: June 23rd, 2012 3:11 PM |
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Date: June 23rd, 2012 3:12 PM |
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Date: June 25th, 2012 8:24 PM |
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Date: June 25th, 2012 8:25 PM |
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Date: June 25th, 2012 8:29 PM |
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Date: June 25th, 2012 8:28 PM |