Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "If you left biglaw as an associate"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]If you left biglaw as an associate whether bc you didn’t make partner or didn’t want to be a partner or wanted to move away or whatever, when did you leave (how many yrs post law school) and what was your net worth when walking out the door? Am a junior associate at a firm that has openly announced that it won’t make any partners in my large department for several years. Associates are being kept busy on small cases, but we just aren’t seeing the large cases that used to be staffed with 10 people working 80-100 hour weeks, so I’m thinking there’s a biz gen problem up top somewhere. As I’m seeing the mid levels and seniors scramble to get out bc they feel like they’ll be asked to go before they’ve landed jobs, while some juniors are looking to lateral to other firms while others are seeing if they can wait it out for 1-2 years to see if the firm rights the ship since partnership is a long long way away. I’ve realized the instability of all of this and am trying to plan my financial life so that if I don’t ever make partner/get pushed out somewhere along the line in my career as a mid/senior, I can “downgrade” to a 150k job that’ll pay my daily bills and live happily ever after bc most of my nest egg was already made/invested in my big firm days. Yet looking at the mids/seniors panic, I’m thinking most are not in this situation. So for those of you who’ve already left biglaw – how much did you leave with and if you took a lower paying job, was that a financial stretch or was it just fine financially? Is it unrealistic to think that you can walk out of biglaw in say 6 years with a significant net worth (significant for a 31 year old, not significant compared to a 50 yr old partner)? [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics