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Reply to "Sell both of my properties, or ride it out?"
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[quote=Anonymous][quote=Anonymous]Why move out of big law now? Save more money for a few more years. See if you can save that $140k that your salary would drop. If you can do that, you will have $280k extra (or less after taxes) AND then you know you make enough money to keep both homes. You have great childcare, so why quit your lucrative job now?[/quote] I am counsel in biglaw and the partners who give me the majority of my work are retiring in a matter of months. I have not been told of any prospect for partnership, and I am doubtful that the clients will stay with me, a counsel, for their work. So I will be a super senior counsel, generating no $$ for the firm with very few hours. I do not think I have the luxury of a few more years, and given that it took me 1.5 years to network into an in-house job, it is not so easy just to make a jump (at least in my area of expertise). [/quote]
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