5th year biglaw associate, golden handcuffed and miserable

[Anonymous]

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Anonymous wrote:Is this thread meant to make doc reviewers suicidal? I’m out of law school 16 years and couldn’t get any attorney job

Sorry. Law schools are the problem. I think that a fair market would have about half as many law school grads as the schools currently produce. But law schools continue to accept far too many students and drive them into 200k of debt. Even in today's strong economy, so many law school graduates have absolutely no shot at attorney jobs. It's a really sick system.

The medical profession was so much smarter to limit the number of doctors and keep demand high. WHen have you ever heard of an unemployed doctor?

+1

I'm a lawyer and DH is a doctor. We started law/med school at the same time. At least based on our experiences, becoming a lawyer is FAR easier than becoming a doctor. Lawyers complain about the bar exam. That is nothing compared to the medical boards, residency, etc. If you do well at a good law school and become a biglaw partner (not an easy task, but also not impossible), you'll earn far more than the average doctor (obviously not a top plastic surgeon or cardiologist, but more than the average OB or pediatrician).

What is your point? Please tell me what percentage of law school graduates become big law partners and what percentage of medical school graduates become average doctors?

[Anonymous]

Op, is this your second child? I would take maternity leave and wait and see how life is with two. You may find that your criteria for what is a good job has changed.

[Anonymous]

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Anonymous wrote:I'm the General Counsel at a small-ish govt contracts business-17 years out of law school and I only make 200k. You can't compare in house/govt salaries to big law. I would pay a junior attorney with just 4-5 years experience like you around 100k.

At that point I might as well hang a shingle and settle car accidents.

I’m in house at a large, but not F500, company in a major city (not East Coast). There are 15 lawyers in our dept and with bonuses, our starting pay is close to $200k. Our GC makes seven figures. We have an AGC that can hit seven figures on a really good year and several senior attorneys who earn around $300k.

Wow. What industry is this?

Energy. These salaries are pretty standard in this industry, even during the oil downturn.

Do you know if there are similar companies on the east coast? Are you in regulatory or litigation?