ooo Sure, he ended up in-house for a really small contracting company. He over-emphasized his govt contracting/tech contracting experience to get the job and picked most of it up on the job. Maybe that's an angle that could work for your DH if he is used to big contracts/deals? I don't really know much about private equity (?) The starting salary was 110, which was a big pay cut. He is now up to around 130k at the same place but still a lot less than he was making before (and is worth, IMO!). I am a teacher so at least that cushioned the blow some and we weren't screwed with health insurance, etc. We know people laid off who had SAH spouses who were really hurting with the long lag time to find a job. |
Moving is not that easy. Many very successful BigLaw have been at the same firm for many years. |
| My DH still out after 5 months. Stealth layoff. Each day is a challenge in and of itself. |
People are worth what the market pays. After looking for over a year after a layoff, complaining about his salary is pretty ballsy. |
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Not really. Attorneys of equal caliber and education doing similar work for similar hours getting paid double that makes it seem like a fair complaint. |
But they weren't laid off. He was. Some if his caliber are probably doing doc review. |
| BigLaw has a tiny elite at the top, and many falling off the edge of the mountain. It does not always seem like the deserving are holding the top positions. |
I suspect that's what those who are still in say to themselves for reassurance. Sorry to burst your bubble but many many layoffs happen to top notch attorneys in the wrong place at the wrong time. No one is secure. |
I don't think it speaks to his caliber, but let's face it, the legal job market his hideous, many people can find nothing at all or just doc review, and he landed another legal job that pays over $100K a year. This is not a situation that should be making the poster unhappy. |
+ a lot |
Yep - I personally know of 2 DH's. One a lobbyist and one attorney for private firm, there for 10yrs. Both laid off within days of each other just a few weeks ago. My DH is not an attorney, but is an executive in his field, high paid, well-respected blah blah blah...took him 14 months to find a job and we had to move and take a pay cut. |
Not at ll. the point is what 10:25 said. |