Having Second Thoughts, Need Perspective

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mrtux45
Posts: 241
Joined: Thu Oct 20, 2016 9:08 am

Having Second Thoughts, Need Perspective

Postby mrtux45 » Thu Jun 08, 2017 12:00 pm

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Last edited by mrtux45 on Fri Jun 09, 2017 11:25 am, edited 2 times in total.

rwhyAn
Posts: 314
Joined: Thu Jan 27, 2011 1:09 pm

Re: Having Second Thoughts, Need Perspective

Postby rwhyAn » Thu Jun 08, 2017 12:08 pm

If you missed biglaw, you'd be lucky to start at $65K. Most small law firms will start newbies in the low $40s.

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TooMuchTuna
Posts: 724
Joined: Mon Nov 16, 2015 10:35 am

Re: Having Second Thoughts, Need Perspective

Postby TooMuchTuna » Thu Jun 08, 2017 12:16 pm

FWIW, I have a few friends who are doing Big Law Lit and it's been VERY difficult for them to find in-house jobs (and one of those friends has a BA and MA from Yale and JD from Stanford, plus she's completely normal and engaging). So, while some practices within Big Law can help with getting an in-house gig down the road, Lit is really hit or miss. I know that wasn't the main focus of your post, but just wanted to share my experience since I have friends in Big Law Lit and I am currently in my second in-house position.

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trebekismyhero
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Joined: Fri May 22, 2015 5:26 pm

Re: Having Second Thoughts, Need Perspective

Postby trebekismyhero » Thu Jun 08, 2017 12:21 pm

If you really want big law then retake is your best bet and go to a t13. But I don't think your debt levels are terrible at all. If you are ok ending up in small law you'll get that from BC. Money likely will be tight the first couple years. It is all about what you want.

Also, too much tuna is right. Big law lit is almost impossible to go in-house after 2-3 years. You can if you're corporate, but companies usually want senior lit associates. You could lateral into gov't though

mrtux45
Posts: 241
Joined: Thu Oct 20, 2016 9:08 am

Re: Having Second Thoughts, Need Perspective

Postby mrtux45 » Thu Jun 08, 2017 1:13 pm

Thank you for the responses so far.

As far as earning 65k..I don't think that's unreasonable given that I'm a paralegal at a small firm who makes mid 40s. I understand that lawyer salaries are bimodal, but I think 65k is attainable and that seems to be corroborated by BC's NALP reports that include starting salaries.

To be honest, I think I'm much more likely to go from big firm to small firm..using the big law experience to establish a reputation, pay down loans and put money aside. But I was more mentioning Big law --> in house to emphasize that I would ideally like to keep my options open to some degree. Still, I appreciate your insights Tuna and Trebek




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