Life After BigLaw

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Brock2010
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Joined: Thu Dec 02, 2010 1:01 am

Life After BigLaw

Postby Brock2010 » Sun Dec 26, 2010 11:58 pm

What are some of the popular options after leaving biglaw?

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RVP11
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Re: Life After BigLaw

Postby RVP11 » Mon Dec 27, 2010 12:26 am

Probably the most common exit is to a smaller firm. Sorry to disappoint.

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vanwinkle
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Re: Life After BigLaw

Postby vanwinkle » Mon Dec 27, 2010 3:11 pm

RVP11 wrote:Probably the most common exit is to a smaller firm.

That, or exit to PI after loans are paid off (or at least paid down).

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BruceWayne
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Re: Life After BigLaw

Postby BruceWayne » Mon Dec 27, 2010 3:22 pm

RVP11 wrote:Probably the most common exit is to a smaller firm. Sorry to disappoint.


Are you sure it's even that good? I've heard that a lot of people just drop off into regular jobs or of counsel positions. I know someone from Duke who ended up doing the former.

ClayDavis
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Re: Life After BigLaw

Postby ClayDavis » Mon Dec 27, 2010 3:26 pm

Managing Director at Goldman

Brock2010
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Joined: Thu Dec 02, 2010 1:01 am

Re: Life After BigLaw

Postby Brock2010 » Mon Dec 27, 2010 3:57 pm

BruceWayne wrote:
RVP11 wrote:Probably the most common exit is to a smaller firm. Sorry to disappoint.


Are you sure it's even that good? I've heard that a lot of people just drop off into regular jobs or of counsel positions. I know someone from Duke who ended up doing the former.

what are regular jobs?

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megaTTTron
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Re: Life After BigLaw

Postby megaTTTron » Mon Dec 27, 2010 4:02 pm

Brock2010 wrote:What are some of the popular options after leaving biglaw?


what about early retirement living off the millions you've made? isn't that how it works? ISN'T THAT HOW IT WORKS?!?!?!?!

TLSNYC
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Joined: Mon Nov 22, 2010 1:38 pm

Re: Life After BigLaw

Postby TLSNYC » Mon Dec 27, 2010 4:10 pm

vanwinkle wrote:
RVP11 wrote:Probably the most common exit is to a smaller firm.

That, or exit to PI after loans are paid off (or at least paid down).


I'm an 0L with no experience, so please don't beat me up too much if this question is stupid, but isn't getting PI work very difficult after biglaw? Don't most PI orgs like to see strong commitment to their cause, which is difficult to show if you've spent the first 3-4 years of your professional career doing biglaw?

nonprofit-prophet
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Re: Life After BigLaw

Postby nonprofit-prophet » Mon Dec 27, 2010 4:19 pm

TLSNYC wrote:
vanwinkle wrote:
RVP11 wrote:Probably the most common exit is to a smaller firm.

That, or exit to PI after loans are paid off (or at least paid down).


I'm an 0L with no experience, so please don't beat me up too much if this question is stupid, but isn't getting PI work very difficult after biglaw? Don't most PI orgs like to see strong commitment to their cause, which is difficult to show if you've spent the first 3-4 years of your professional career doing biglaw?


WE before LS, FTW

LurkerNoMore
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Re: Life After BigLaw

Postby LurkerNoMore » Mon Dec 27, 2010 5:11 pm

In-house and government are probably the two most common exits. Some people do down shift into mid-size firms, but that's more common from BigLaw if you fall into a practice area niche that really isn't a good fit for BigLaw or if you move away from the legal hub cities.

Non-gov't PI isn't that common as an exit path. Lots of people plan to go into BigLaw just to pay down debt. Then come families and mortgages and a realization that very often doing legal work for a PI institution is the same type of work, lower pay scale.

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iagolives
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Re: Life After BigLaw

Postby iagolives » Tue Dec 28, 2010 8:00 pm

megaTTTron wrote:
Brock2010 wrote:What are some of the popular options after leaving biglaw?


what about early retirement living off the millions you've made? isn't that how it works? ISN'T THAT HOW IT WORKS?!?!?!?!


I miss the 90s for this very reason, hahaha.




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