Reply to S/O Doctors: post your salary and practice area

Forum Index » Jobs and Careers

Reply to "S/O Doctors: post your salary and practice area"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]There was a quip about lawyers a few pages back, and being that I am one, I do feel the need to highlight that many people don’t even get to BigLaw and if they do, they don’t last long. BigLaw is generally reserved for graduates from top schools and the valedictorian of lower ranked schools. I was shocked when a friend from UVA Law told me she had multiple unemployed classmates.

I lasted in BigLaw for 6 years after graduating from HYS  - well past the typical stint of 2-3 years. I paid back my loans, bought a house and furnished it, and piled up savings. I knew going in those would be my highest earning years. Now I make $200k in house and here’s the thing - I still work hard. The law isn’t an easy job.

I used to think doctors just had it made. $300k+ guaranteed for life!  Now I see all the trade offs. Not making any real money until you are 30-35. Facing down $300k in loans at that point. Maybe moving to an undesirable suburban or rural location because they’ll pay you more and hey, maybe that’s a temporary sacrifice worth making. Challenges with making partner etc. Some specialties are better than others (Derm, ortho, surgery), but it’s not like everyone gets those.

I guess it just seems to me like no one has much of guarantee anymore, though doctors have it better than others. I look at my MD/JD/MBA friends and at 35, I can’t tell you that one path was necessarily more financially lucrative than the other. if anything the biz and legal folks had time to pay down loans before having kids and buying houses. The docs will have to tackle both sinualtenously. Maybe at 45 they’ll pull ahead? And even that probably depends heavily on the specialty and location. [/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