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[quote=Anonymous][quote=Anonymous]I left my junior partnership at a biglaw firm to be a tenure-track (now tenured) professor at a law school. Went from $500k to $120k. Now I make about $170k plus about $20-50k in consulting/writing/etc. Never lived like I needed a biglaw salary, and was able to save a ton and buy home outright.

No regrets at all!  Married with two kids. We live comfortably but of course no crazy expenses like fancy cars or excessive vacations. But I love my job, can basically set my own hours (when not in class), and I have never had to miss my kids' sports events, recitals etc. Most of my friends from law school who are still at firms have gotten divorced and many have serious drug/alcohol problems. Life is too short. [/quote]

I feel like people outside of biglaw may think this is uncommon, I feel like everyone in biglaw knows a number of people who have done this. Not necessarily a move to teaching -- but to govt; in-house in a non financial services industry; or simply a "regular" business job. I know plenty of associates who went from 300k as seniors to 120k in one of these other things. Some of it was "involuntary" -- i.e. I'm not going to make partner so I better make a move before they ask me to go. But I know many who did it voluntarily too -- wanting to save a marriage; to have/raise kids; to go back to their hometown where they couldn't find a law opportunity etc. I even know 2 junior/non equity partners who have done it lately bc they either couldn't or didn't want to generate a book of business their whole lives and wanted a job that would let them live a life outside of work -- even if that meant 150k instead of 600k.[/quote]

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