Anyone here, specifically.rayiner wrote:Lot's of people. But how much overlap is there between that set and the set of law school students, who think it is a good idea to spent the best years of their life reading cases for 60 hours/week?gmreplay wrote:Doesn't anyone find the concept of a 65-80 hour workweek a little bothersome? Frankly I find the biglaw hours on the high end to be perverse.
Is biglaw really it for T14? Forum
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Re: Is biglaw really it for T14?
- HarlandBassett
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Re: Is biglaw really it for T14?
That is the purpose of LRAP, to encourage PI applicants and relieve their debt burden.gmreplay wrote:So who is supposed to staff government/PI positions?bigben wrote:Yes. Law school generally isn't a good investment at a 150k price point or even 75k unless you're getting biglaw or midlaw. That's regardless of whether you are taking out loans or paying in cash.gmreplay wrote:Doesn't a 40-50k salary with 150k in debt basically mean you're screwed? Unless you can LRAP your way out it seems like anything but biglaw is a losing proposition.
Doesn't anyone find the concept of a 65-80 hour workweek a little bothersome? Frankly I find the biglaw hours on the high end to be perverse.
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Re: Is biglaw really it for T14?
From what I have been told by multiple actual biglaw lawyers the typical workweek is actually in the 50-65 hr range with there being a few peaks where it goes higher. FWIW, in the corporate environments I have seen/worked in the pay is less than half of biglaw and the typical workweek is in the 50-65 hr range.gmreplay wrote:So who is supposed to staff government/PI positions?bigben wrote:Yes. Law school generally isn't a good investment at a 150k price point or even 75k unless you're getting biglaw or midlaw. That's regardless of whether you are taking out loans or paying in cash.gmreplay wrote:Doesn't a 40-50k salary with 150k in debt basically mean you're screwed? Unless you can LRAP your way out it seems like anything but biglaw is a losing proposition.
Doesn't anyone find the concept of a 65-80 hour workweek a little bothersome? Frankly I find the biglaw hours on the high end to be perverse.
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Re: Is biglaw really it for T14?
Even with the debt being expunged 40-60k isn't exactly a lot of money, and it's basically untenable in a big city like NYC.HarlandBassett wrote:That is the purpose of LRAP, to encourage PI applicants and relieve their debt burden.gmreplay wrote:So who is supposed to staff government/PI positions?bigben wrote:Yes. Law school generally isn't a good investment at a 150k price point or even 75k unless you're getting biglaw or midlaw. That's regardless of whether you are taking out loans or paying in cash.gmreplay wrote:Doesn't a 40-50k salary with 150k in debt basically mean you're screwed? Unless you can LRAP your way out it seems like anything but biglaw is a losing proposition.
Doesn't anyone find the concept of a 65-80 hour workweek a little bothersome? Frankly I find the biglaw hours on the high end to be perverse.
- thesealocust
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Re: Is biglaw really it for T14?
Median household income in NYC in 2000 was $38,000. It must suck that half the city has an untenable salary : /gmreplay wrote:Even with the debt being expunged 40-60k isn't exactly a lot of money, and it's basically untenable in a big city like NYC.
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Re: Is biglaw really it for T14?
Does that count the homeless and people who live in subsidized housing? If so, I don't count that as tenable. I'd also like to not be impoverished after spending 7 years and $250,000 on an education.thesealocust wrote:Median household income in NYC in 2000 was $38,000. It must suck that half the city has an untenable salary : /gmreplay wrote:Even with the debt being expunged 40-60k isn't exactly a lot of money, and it's basically untenable in a big city like NYC.
Here's what I want: a law job that pays about 80-90k in return for about 45-55 hours of work a week. Why is that so much to ask?
- TatteredDignity
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Re: Is biglaw really it for T14?
Show me that job.gmreplay wrote:Does that count the homeless and people who live in subsidized housing? If so, I don't count that as tenable. I'd also like to not be impoverished after spending 7 years and $250,000 on an education.thesealocust wrote:Median household income in NYC in 2000 was $38,000. It must suck that half the city has an untenable salary : /gmreplay wrote:Even with the debt being expunged 40-60k isn't exactly a lot of money, and it's basically untenable in a big city like NYC.
Here's what I want: a law job that pays about 80-90k in return for about 45-55 hours of work a week. Why is that so much to ask?
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Re: Is biglaw really it for T14?
Hey pal I theorized it first, I got dibs.0LNewbie wrote:Show me that job.gmreplay wrote:Does that count the homeless and people who live in subsidized housing? If so, I don't count that as tenable. I'd also like to not be impoverished after spending 7 years and $250,000 on an education.thesealocust wrote:Median household income in NYC in 2000 was $38,000. It must suck that half the city has an untenable salary : /gmreplay wrote:Even with the debt being expunged 40-60k isn't exactly a lot of money, and it's basically untenable in a big city like NYC.
Here's what I want: a law job that pays about 80-90k in return for about 45-55 hours of work a week. Why is that so much to ask?
- thesealocust
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Re: Is biglaw really it for T14?
Because the premium comes not just for expertise but for availability and intensity. Some firms make claims about having part time schedules, but really a lot of the value associates provide is being on call all the time.gmreplay wrote:Here's what I want: a law job that pays about 80-90k in return for about 45-55 hours of work a week. Why is that so much to ask?
People often make cracks about how on a per hour big law salaries aren't that staggering, but that neglects the fact that most other hourly wage earners couldn't work the # of hours an associate does if they wanted to.
All that being said, the job you're looking for is a senior federal government job. Somebody I know earned a 6-figure salary and worked on a modified work schedule with every other Friday off totaling just about 40-50 hours per week.
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Re: Is biglaw really it for T14?
I know a guy who works for some gov't organization in charge of deciding in cases of possible ethics violations by judges. He makes 6 figures and works 40-50 hrs/wk. These days, plenty of 60k jobs require at least 50-60 hrs. a week. Working sucks, I want to just collect degrees.thesealocust wrote:Because the premium comes not just for expertise but for availability and intensity. Some firms make claims about having part time schedules, but really a lot of the value associates provide is being on call all the time.gmreplay wrote:Here's what I want: a law job that pays about 80-90k in return for about 45-55 hours of work a week. Why is that so much to ask?
People often make cracks about how on a per hour big law salaries aren't that staggering, but that neglects the fact that most other hourly wage earners couldn't work the # of hours an associate does if they wanted to.
All that being said, the job you're looking for is a senior federal government job. Somebody I know earned a 6-figure salary and worked on a modified work schedule with every other Friday off totaling just about 40-50 hours per week.
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Re: Is biglaw really it for T14?
When I was a 0L I used to think like most of you. While I wouldn't call gov't salaries untenable, you probably feel poor when your peers are making a lot and you are almost 30 and still need to live with a roommate. That being said, since being in law school I am leaning towards becoming a prosecutor for two reasons:(1) the work is infinitely more interesting and when you meet people (and profs) who have spent careers in biglaw vs. those in prosecution you will get a feeling of the cost of going the biglaw route; and (2) being a prosecutor trains you up in litigation significantly faster than going straight to biglaw, and some prosecutors go straight to being partners in litigation practices at large firms.
Add: part (2) is for those concerned with being poor their whole lives, like me.
Add: part (2) is for those concerned with being poor their whole lives, like me.
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