Anonymous User wrote:Anonymous User wrote:If you have no debt, don't do biglaw. It has made me depressed (serious). I intend on never working for a firm again (yes, it's that bad).
Could you elaborate a bit based on the question I asked in OP? In particular do you think biglaw trained you better than smaller firms could? What was so bad about it?
It depends on what you want to do. If you want to run your own practice, go to a smaller firm. If you want to join the DOJ, you have to clerk and do biglaw. I think that a lot of the training focuses on writing style and formatting, etc., which may not be as important in a lot of other sectors like public interest, smaller firms, etc.
There are a lot of things bad about biglaw, and over time, they wear you down. I would say that as a first year I was more enthused about the work and had more fear. Now, as a midlevel, I just feel depressed and I hate the work.
I do transactional work, and it is incredibly boring - I don't like reading and drafting documents re: credit facilities, etc. all day. Just kill me. I think being an accountant, although boring, would be much more tolerable, because at least you would know what you're doing much more often...biglaw is both boring and stress-inducing.
Here's what I dislike about biglaw:
- The work (difficult work that requires you to constantly learn shit with no guidance). I am literally given new types of agreements to draft on a weekly basis, never having done them before. Most of the time I have no idea whats going on and am given pretty much no guidance. The work is both boring (financial services shit) and stressful (no guidance). The only way to know is to slowly work through tons of precedents, term sheets, etc. to figure out what's going on. (I am a midlevel.)
- The amount of work and expectations - here's a big pile of papers, go read and summarize them by tomorrow. Or here's a sample 100 page agreement - give me a draft in 2 days incorporating everything from the term sheet into a new 100 page agreement.
- Everything is a fire drill. I mean everything.
- The hours - unpredictable and long. You are on call which means you never know when you're going to bill. You could be in the office for 20 hours and only bill 10.
- The culture/people - a lot of assholes. Some people would have been fired in another industry for some of the shit that goes on in biglaw.
I personally don't even think the new pay is that great for places like NYC/DC given the amount of crap associates have to put up with. A fair number of people leave biglaw with the intent of leaving law forever.
I don't see why people without debt would want to do biglaw - a lot of in house jobs are just as boring (although less stressful). There are more interesting professions out there.
Anyway, I don't have any loans and am trying to get out - pretty much thinking about what i want to do with my life (not this).