The DC Legal Proletariat Isn't Rich - the Bourgeoisie Is

[Anonymous]

To the PP saying that partners are out golfing all day and doing 90% networking, that’s not remotely the case at any of the firms I’ve worked at.

[Anonymous]

Anonymous wrote:To the PP saying that partners are out golfing all day and doing 90% networking, that’s not remotely the case at any of the firms I’ve worked at.

People on here don't like to talk about how biglaw partners are basically a butler/servant class.

[Anonymous]

They are a glorified plumber or landscaper with more education. They provide an hourly service for the rich.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The DC area is primarily just upper middle class. The real money is in and around NYC, Dallas, Miami and San Francisco.

Thrown in Jackson Hole, Park City, Bozeman, Aspen & Telluride which gained a ton of year-round residents post-COVID. Tons of wealth in Austin Hill Country too.

I agree with this statement. I live in one of those cities and the wealth discussion and gripes about “unaffordable” Bethesda homes seem so provincial to me. A $2-3M house would basically be a ranch house, albeit renovated, where I live. You’d be one of the “poors” in the private school circle with that kind of house.

Anyway, despite all the complaining here, DC lawyers have a good lifestyle and seem to be respected enough there. They don’t know how good they have it.

Sadly, this is right. I live in a $1.7M apartment in NYC and we are in fact "poor" compared to my daughters' classmates, some of whom are the grandchildren of billionaires. I actually went to college with one of these billionaires children, who seemed normal throughout college and after college until I heard about her wedding (featured in Martha Stewart, among other publications) which probably cost more than my house. Then I did some googling and realized her father is a billionaire and his father was a millionaire. We talk about some people being born on third, but the truth is there are people who are in an a completely different game.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think one requirement for being wealthy is to have the option to not work. Not sure if you are wealthy, no matter how much you have, without this option.

Many, many DC homeowners could sell their home $1.5M home, move somewhere a few hours away & never work again.

I doubt that people who have a lifestyle that includes a $1.5m home will be able to live for life on the proceeds of their home. Will they move to a lower COL location and suddenly live on puppy chow?

And that cheap home they would buy would be a shack in the boonies. I don’t think pp has actually looked at real estate in what used to be low cost areas post Covid. We bought a house in a lower COL area in 2017 and it has appreciated by about 250%.

There are absolutely still low cost areas.

[Anonymous]

Anonymous wrote:They are a glorified plumber or landscaper with more education. They provide an hourly service for the rich.

So do concierge doctors, CPAs, psychiatrists…

[Anonymous]

And financial planners

[Anonymous]

Yup, these are the working class, and rarely among the rich.

[Anonymous]

Anonymous wrote:They are a glorified plumber or landscaper with more education. They provide an hourly service for the rich.

I’m a lawyer and I think I’d rather my kid decide to be a plumber lol

[Anonymous]

Anonymous wrote:Yup, these are the working class, and rarely among the rich.

You do not know what working class means

[Anonymous]

Anonymous wrote:Yup, these are the working class, and rarely among the rich.

Omg.

[Anonymous]

It was defined in the first post of this thread.

[Anonymous]

LOL. Funny how people's view of their world crumbles when they realize that they are wage slaves.

[Anonymous]

Anonymous wrote:LOL. Funny how people's view of their world crumbles when they realize that they are wage slaves.

Golden handcuffs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:They are a glorified plumber or landscaper with more education. They provide an hourly service for the rich.

I’m a lawyer and I think I’d rather my kid decide to be a plumber lol

+1