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Reply to "is being a lawyer losing its appeal compared to tech or finance for high achieving students?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Lawyer here and I would say yes. First off there's just a ton of $ in tech, startups, the opportunity to make it really big. Beyond that, the "elite" fields for lawyers (appellate advocacy, govt policy, etc) are just feeling very pointless. The Supreme Court is just making up whatever it wants (abortion was a constitutionally protected right for 25 yrs and now it's not?) and it's clear the exec branch can do whatever it wants as well. The whole "nation of laws" thing is feeling like a big depressing eyeroll in these circles.[/quote] Generational, life changing money. Big law partners retire well but it’s not setup to make Your grandchildren rich and protected from a life of toil and pain (basically the life of a big law attorney). Joining a successful start up or ten years at FAANG can get you there. [/quote] Disagree on this one, though I guess it depends on the firm. Biglaw partners at top firms are retiring with $50-100 million net worths. That's generational wealth. heck, I'd consider even half of that lower number to be generational wealth, and that's very attainable for even the non-rainmakers.[/quote] Equity partners at big law firms are absolutely piling in generational wealth. However, they are like the top 0.5% of all lawyers [/quote] Pull yourself up by the bootstraps, take out huge non-dischargeable student loans to get to Fordham in a VHCOL city, study hard to be in the top third, strike out at on-campus recruiting, and maybe you'll get to that 0.5%![/quote]
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