Heh. Not a problem, ding.
Not that I would stalk you. lol.
What were the hours like?
I worked anywhere from 35 hours in a week to 100 hours a week during the last few weeks of december (i.e. christmas/new year), but usually it was somewhere in between. Just depends on what needs to be done. My friend regularly put in 13-14 hour days
ksllaw wrote:What is the difference between working as an accountant and in finance as you put it, btw?
Finance is, at its simplest financial transactions (lending, investing, or buying). This requires everything from making sure the deal is profitable (and finding ways to make it more profitable) to making sure that everything is kosher (no fraud, no unintential
misrepresentations) and in order (documents all there, complete and correct)
Accounting is something very different, and I tried to stay as far away from it as possible. I'm sure someone with more experience in the field can give you a better description than me
ksllaw wrote:What are the big4?
PriceWaterhouseCooper, KPMG, Ernst & Young, Deloitte. These are the 4 biggest accounting networks in the world, kind of like V5/V10 in law or Bulge Bracket firms in investment banking. If they were law schools, they'd be HYS
ksllaw wrote:What is the work like?
I would sometimes build models in excel (which could take weeks, if it was complex enough); when I started out I spent a lot of time entering stuff into excel (or other proprietary software). I also reviewed a lot of documents, looking for key information. There was some doc review (checking that e.g. names, social security, dob matched) before sending it to the attorneys. My field was very document driven, so part of it was making sure that all the docs we needed were present, making sure they were filled out and nothing was missing, etc. The last few years were a bit different, as I moved away from buttmonkey and more toward management. (also, it's been a few years, so I might not be remembering everything, or getting the proportions right)
If you don't like it, mind numbing and soul sucking; if you do like it, you belong in a straightjacket. Just kidding on that last bit. It has its ups and downs. For me, closings were the best, when all your hard work got turned into something real. When deals are happening, it's fast and frantic and you got to make sure everything is exactly right. Basically, you walk into the office, try to catch up on what happened overnight, take care of the most urgent stuff, look at the clock and go "Damn, 4:00 already; too late for lunch, but let me order dinner". When no deals are happening there's either a lot of drudgery or a lot of busywork, you don't feel like anything you're doing has any point (it doesn't) and you want to kill yourself. You walk into the office, check your emails, file a few things, look at the clock and think "fuck. It's only 10? No way I can go get lunch this early. Maybe I'll just sneak off to the toilet for a minute". It sucks.
ksllaw wrote: What is the salary range?
I have no idea what starting salaries are like. In finance, salary is very bonus driven and the proportion it should represent increases as you move up the ladder, but can be entirely outside your control (e.g. because some fuckhead trader did a few illegal trades and wiped out all the firm's profit for the year). Starting out, I think you'l be making $60k-$80k in either field, but I don't know.
Br3v wrote:Wait so dingbat if you already had a real job that sounds like it makes a good salary, why are you going to law school?
two part answer:
A) I got bored
B) I want to do more
I actually want to continue working in the same niche, but from the legal side. I'm happy to explain, but not on an open message board