OP here. How many years straight have you been below your hours? I always assumed if you consistently didn't make hours, you'd be fired. Do you still get a bonus if you're under your hours? |
PP here. I will say while that has never been my experience as a former associate who could not have cared less about making partner (that partners respected the word 'no' when they needed to staff things) it is refreshing to hear a partner suggest they'd honor that. $165K seems SUPER low though for 75% for anyone with experience, so that's where a lot of my cynicism comes from; is that salary really worth the potential of working random hours with biglaw folks? I make significantly more in-house and I'm not even manager-level. |
Thank you! Our kids also have early activities, but DH usually can be home by 4:30. We occasionally could ask my parents to come into town for a week (like a few times a year) if DH is traveling and I am too busy to come home early for that week's activities. It will be an adjustment for sure. Our oldest will be 16 in three years though! (large age gap between kids as we have a preschooler too) |
OP here. I have a large gap in my resume (8 years). I hope after the first year to negotiate pay closer to match my past experience (6th year associate). |
That's a good plan! Sorry if I'm coming across as a debbie downer; I just know that the market for fully-remote in-house jobs is HOT right now so wanted to let you know there are some pretty awesome gigs out there that aren't tied to billables if this doesn't work out. |
6 years and yes to bonus - this is something you have to negotiate. Again I think it depends on the firm/practice group and how valuable your expertise and experience is. If you have contacts at the firm, it may be worth asking around. |
This honestly doesn't sound doable to me unless your husband is going to significant step up his household management/running kids around. |
That's great to know. Unfortunately I'm not sure the timing is right for me. I can't imagine being hired in-house having not worked for 8 years. There must be so many current associates and partners who are interested in those jobs. |
If you're a reg lawyer I would go to a trade association or federal government (which can pay very well, to attract private-sector people). Much much much better hours than big law |
it can be pretty tough to get hired as an attorney after years as a SAHM. that alone makes me think you should seriously consider seizing the opportunity and trying it out. you can always look for smaller firm or government options later on. |
I think it's hard to know before you start - so much depends on the matters you get staffed on, partner expectations, etc. But honestly, you can always find something else if it's not working, and it will be easier to move to government, in-house or whatever from the firm position than from SAHM. So I think you should do it. |
I do something similar, but I don't make a fixed salary. They pay me by the hour. 400k this year, but anywhere from 100-350k in prior years. It's also remote and I can accept or reject projects. I wouldn't do the fixed salary arrangement -- even at a fraction. Too much stress to try to hit hours. I'd rather make less in lean years and more in other years. |
Agree practice area is key. I had success at 60 and 75% in the past, in an IP and marketing counseling type role. Wouldn’t have worked if I had been in M and A or solely litigation. Now I’ve ramped up again and left biglaw. |
I couldn’t make this work, I was at 75% for biglaw (this was the lowest you could go without losing benefits such as health insurance) and I was working full time hours nonstop. With remote working log ins and iPhones, you’re available 24/7 and basically will feel pressured to respond ASAP to most, if not all, requests. And the firm is going to make the requests. The boundaries will be blurred. So what do you do?
I was working more than full time hours for part time pay. It just wasn’t working. At all. This was 10 years ago and technology is so much better now, I imagine the pressure is even higher to be available. I was in project finance. I left to SAH and figure out my next moves. Well 10 years go by, which is a big gap on my resume. And in 2021 I have been offered 3 jobs without looking, from people in my network that have needs and thought I would be good fits. I ended up accepting an offer to do contract work in house with a large wealth management/hedge fund group. I am trying this out for a year to see if it works for my schedule and family and 2 months in so far so good. I have 25 hours a week maximum, I set my own hours, it’s 100% remote. I heavily negotiated my hourly rate (it’s the perfect market for this, don’t be underpaid). I did a tremendous amount of research on the company and it has excellent reviews as a top place to work and I have found it to be very true. I regret in the past not doing more outreach on firm culture before accepting offers. It makes a big difference what the work environment is. 1) don’t be afraid to negotiate a higher salary (IMO $160,000 part time is too low, you’re working full time hours), 2) can you honestly set real boundaries, and 3) what is the firm culture like there (do you know anyone who does work there now and even more important someone who used to work there) Good luck. |
On the hours front, 1400 sounds very doable. I regularly worked 2300 with two little kids and it was super hard. Even dropping to 1800 felt really reasonable as long as you don't plan long vacations. If I started to fall behind, I'd plan a marathon session in the office and work until midnight or later as it was easier to miss one bedtime and cram hours and get tons of work done then to miss a week of bedtimes for the equivalent hours while being stressed all week.
The big challenge will be sticking to 1400. If the group gets busy they are going to push for you to work more, as your plate won't look full. It feels fundamentally unfair to the group to push another colleague from 2300 equivalent to 2600 equivalent when you are at 1400, even if it's reflected in your pay. I'd push for a deal where they top up your pay if you work extra hours. Most firms don't do this for reduced hours and it's a raw deal. If you end up working 90% instead of 75%, then they should pay you for 90%. I suspect you'll have more leverage to do this if you offer to use your husband's benefits so the firm doesn't have to worry about paying them if you drop below your hours. |