A'nold wrote:You know, and then there are those of us that grew up in <20k households........... 60k is wealthy where I'm from.
In all honesty, I think I would be perfectly happy with a legal job that paid $60K /year and didn't require anymore than 40 hours /week, if I didn't have any debt. I actually had this coming out of UG back in 07' (except the legal job part-- but I got a company car). But when you factor in that it's pretty difficult to find a legal job where you are only going to need to work 40 hours /week (except government, and that's a maybe), and the $25k /year loan payments, $60K /year doesn't look nearly as attractive.
Oban wrote:In small firms you dont bill the same amount of hours as biglaw. They may have similar quotas, but no one meets them regularly and there are no punishments if you don't. This is from my experience as a paralegal and talking with lawyers at small firms/alumni of my school
LOL. Yeah, the billable hour requirement
is just a joke, and you won't get canned when you don't meet it. Good luck with that one.
Arguably, attorneys at smaller firms do work less hours than at many larger firms because they only bill to the required number of hours (typically around 2100 hours /year), whereas, biglaw attorneys will almost be expected to bill more than the billable requirement. But that's not true at all large firms; there are a lot of good large firms where the attorneys, in fact, don't bill more than they are required to. Also, actually billing 2100 hours /year isn't walk in the park. Most small firm attorneys put in a lot of hours as well.