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WhiteCollarBlueShirt

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by WhiteCollarBlueShirt » Wed Apr 20, 2016 3:11 pm
PeanutsNJam wrote:krads153 wrote:SplitMyPants wrote:any fresh-out engineer making six figures in silicon valley is not working "normal" hours...
Still better than biglaw....
They make less than 160k (starting is 140k now I think) in a city that is the single highest CoL place in the US (higher than NYC). They work comparably long hours. The only difference is they didn't need to go to law school, but if you went to law school on a scholarship (not hard), I'd say it seems fairly even.
Also the magic PE gigs (Blackstone Group I'm guessing) where you have 5 models giving you head throughout the day while you take literal shits on lawyers and rake in $500k starting are astronomically harder to get than biglaw. (# of sexy PE jobs)/(# of prestigious UG with finance majors + business school grads). Like, sure, being an astronaut is better than biglaw.
Not a fan of lawyering, but those mega PE shops have it pretty terrible and a lot of potential ceilings to hit on the way up that are closer to a senior associates salary (of course they get there way faster and have less debt, so exits are potentially sooner and nicer).
I just question how this forum glamorizes certain jobs. Would I rather have done hard finance, consulting, programming etc. out of school?
Hell yes. But primarily because I would like more geographic freedom, less debt and to be closer to making real world business decisions as opposed to my current occupation as a gatekeeper, scribe and timekeeper--and not because I think those professions are automatic unicorn jobs.
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Monochromatic Oeuvre

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by Monochromatic Oeuvre » Wed Apr 20, 2016 4:59 pm
It's weird that people that people constantly lionize IB/PE on here despite the fact that everything people complain about w/r/t law--long hours, insane bosses, boring and repetitive work--is twice as bad there. Same grass-is-greener bullshit with any other job.
Blame law all you want for your problems, but you could've gone to state school, copped a 3.9 in an easy major, gotten a full ride to Cornell, coasted to median, and walked into Biglaw with no debt. You didn't do that, because you're shortsighted and dumb. But you nevertheless believe that oh, if only you'd seen what a better idea is was to do PE or to code, you'd be so much happier somewhere else. Here's the reality: Most of you went to law school because you have no real talents and no real passions, but you nonetheless wanted to make six figures. Well, here's your lot in life.
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TinkyKwat

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by TinkyKwat » Wed Apr 20, 2016 5:16 pm
Monochromatic Oeuvre wrote:It's weird that people that people constantly lionize IB/PE on here despite the fact that everything people complain about w/r/t law--long hours, insane bosses, boring and repetitive work--is twice as bad there. Same grass-is-greener bullshit with any other job.
I think this is because TLS tends to skew more towards applicants with backgrounds that have less "pedigree" than many of the students at elite law schools judging from my lurking of several cycles now. They probably think (myself to some extent) that they have no choice but to pursue a risk-laden option like law school without significant money as other options to an upper-middle class lifestyle are not open to them. They are unwilling to pursue careers that are open to less prestigious candidates like medical school or IT or are unable to attain the upper echelon of IB/PE/etc due to the lack of pedigree. So I don't think it's hard-on for just investmenting bank/consulting but rather a proxy for their desire for better options other than pouring 3 years and six figures worth of debt into another degree that has a 10-20% chance of not panning out.
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Anonymous User
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by Anonymous User » Wed Apr 20, 2016 5:25 pm
krads153 wrote:Anonymous User wrote:
"most of your engineer friends" graduated UG (i) with no student debt and (ii) yet they were making six figures right out of undergrad??? this sounds like baloney. based on the fact that you've been practicing for a few years, let's assume that means you graduated UG in 2010 or 2011. First off, how did all your friends have no undergraduate debt? in this country, that's really quite unique. And second and more to the point, how did they all come out of school making almost twice the 2011 national average entry-level engineering salary--See
http://www.cnn.com/2011/LIVING/06/06/pa ... .grads.cb/--especially if "none of them did 'great' in UG." I mean, even if we're talking about a tippy-top school like stanford, in 2010, the average stanford UG engineering grad came out making $69k. See
http://web.archive.org/web/201008241737 ... lary-grads. if you want to discuss the relative merits of the two career paths, at least use some believable numbers.
anecdotally, i graduated in 2006 with top grades and an engineering degree from a highly ranked private school. i came out to a good engineering job in a high-tech field making $50k/year. and when I went back to law school in 2010, I was still making only ~$70k. fast forward 5 years (of law school and big law), and last year I took home $225k. look, big law obviously has some huge drawbacks. but c'mon with this idealization of STEM already. the only guy i can think of from my engineering class that went on to arguably bigger/better things also paid huge $$$ for an advanced degree, this one an MBA from Harvard.
Most of my friends ended up at google, etc. It is a tippy top engineering program though (like ranked somewhere between 1 and 3 in USNews for both undergrad and grad engineering), so you can probably figure out what school it is on your own. So yeah, I guess it is a "tippy top" school with great, much above average engineering placement. Also, I am talking about COMP SCI/COMP engineers, not bullshit mechanical engineers or whatever they call "engineers" these days. And yes, averaging six figure starting salaries with a real engineering degree (computer engineering)/comp sci degree is not unusual.
Our parents paid for undergrad and/or they got scholly/financial aid. Pretty much all of us had full rides to a bunch of other schools and would have gone there if parents weren't paying and/or we didn't get full funding. If you are getting into debt for undergrad, you're doing it wrong.
cool story. did you click that link above or are you just sticking to anecdotal BS? i cited to stanford, a top 2 engineering program. and in 2010--around when you must have graduated--stanford's CS graduates averaged a starting salary of $82k. the max reported salary was $115k. that doesn't touch big law. so, yes, actually, even for schools like stanford, and even for those with "real engineering" (lol) CS degrees, a cross-section that averages six-figure starting salaries was totally unusual when you graduated and is only slightly less so now.
(OP - sorry to contribute to the thread derailment. but i've reached my breaking point with the CS circle-jerk and couldn't resist a reply.)
/s/ a mechanical engineer that took on debt for undergrad and likes his big law job
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SplitMyPants

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by SplitMyPants » Wed Apr 20, 2016 5:29 pm
average smaverage. you're overlooking the fact that some people cash out their companies for like $20mil with just a CS degree.
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WhiteCollarBlueShirt

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by WhiteCollarBlueShirt » Wed Apr 20, 2016 5:44 pm
Monochromatic Oeuvre wrote:It's weird that people that people constantly lionize IB/PE on here despite the fact that everything people complain about w/r/t law--long hours, insane bosses, boring and repetitive work--is twice as bad there. Same grass-is-greener bullshit with any other job.
Blame law all you want for your problems, but you could've gone to state school, copped a 3.9 in an easy major, gotten a full ride to Cornell, coasted to median, and walked into Biglaw with no debt. You didn't do that, because you're shortsighted and dumb. But you nevertheless believe that oh, if only you'd seen what a better idea is was to do PE or to code, you'd be so much happier somewhere else. Here's the reality: Most of you went to law school because you have no real talents and no real passions, but you nonetheless wanted to make six figures. Well, here's your lot in life.
Wouldn't recommend state school (with a handful of exceptions), copping a 3.9 in an easy major or Ithaca (except maybe to union enthusiasts) to anyone ever. Just saying.

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GreenEggs

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by GreenEggs » Wed Apr 20, 2016 5:46 pm
Monochromatic Oeuvre wrote:It's weird that people that people constantly lionize IB/PE on here despite the fact that everything people complain about w/r/t law--long hours, insane bosses, boring and repetitive work--is twice as bad there. Same grass-is-greener bullshit with any other job.
Blame law all you want for your problems, but you could've gone to state school, copped a 3.9 in an easy major, gotten a full ride to Cornell, coasted to median, and walked into Biglaw with no debt. You didn't do that, because you're shortsighted and dumb. But you nevertheless believe that oh, if only you'd seen what a better idea is was to do PE or to code, you'd be so much happier somewhere else. Here's the reality: Most of you went to law school because you have no real talents and no real passions, but you nonetheless wanted to make six figures. Well, here's your lot in life.
Are you a law student still?
Last edited by
GreenEggs on Fri Jan 26, 2018 9:33 pm, edited 1 time in total.
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skri65

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by skri65 » Wed Apr 20, 2016 5:59 pm
Anonymous User wrote:krads153 wrote:Anonymous User wrote:
"most of your engineer friends" graduated UG (i) with no student debt and (ii) yet they were making six figures right out of undergrad??? this sounds like baloney. based on the fact that you've been practicing for a few years, let's assume that means you graduated UG in 2010 or 2011. First off, how did all your friends have no undergraduate debt? in this country, that's really quite unique. And second and more to the point, how did they all come out of school making almost twice the 2011 national average entry-level engineering salary--See
http://www.cnn.com/2011/LIVING/06/06/pa ... .grads.cb/--especially if "none of them did 'great' in UG." I mean, even if we're talking about a tippy-top school like stanford, in 2010, the average stanford UG engineering grad came out making $69k. See
http://web.archive.org/web/201008241737 ... lary-grads. if you want to discuss the relative merits of the two career paths, at least use some believable numbers.
anecdotally, i graduated in 2006 with top grades and an engineering degree from a highly ranked private school. i came out to a good engineering job in a high-tech field making $50k/year. and when I went back to law school in 2010, I was still making only ~$70k. fast forward 5 years (of law school and big law), and last year I took home $225k. look, big law obviously has some huge drawbacks. but c'mon with this idealization of STEM already. the only guy i can think of from my engineering class that went on to arguably bigger/better things also paid huge $$$ for an advanced degree, this one an MBA from Harvard.
Most of my friends ended up at google, etc. It is a tippy top engineering program though (like ranked somewhere between 1 and 3 in USNews for both undergrad and grad engineering), so you can probably figure out what school it is on your own. So yeah, I guess it is a "tippy top" school with great, much above average engineering placement. Also, I am talking about COMP SCI/COMP engineers, not bullshit mechanical engineers or whatever they call "engineers" these days. And yes, averaging six figure starting salaries with a real engineering degree (computer engineering)/comp sci degree is not unusual.
Our parents paid for undergrad and/or they got scholly/financial aid. Pretty much all of us had full rides to a bunch of other schools and would have gone there if parents weren't paying and/or we didn't get full funding. If you are getting into debt for undergrad, you're doing it wrong.
cool story. did you click that link above or are you just sticking to anecdotal BS? i cited to stanford, a top 2 engineering program. and in 2010--around when you must have graduated--stanford's CS graduates averaged a starting salary of $82k. the max reported salary was $115k. that doesn't touch big law. so, yes, actually, even for schools like stanford, and even for those with "real engineering" (lol) CS degrees, a cross-section that averages six-figure starting salaries was totally unusual when you graduated and is only slightly less so now.
(OP - sorry to contribute to the thread derailment. but i've reached my breaking point with the CS circle-jerk and couldn't resist a reply.)
/s/ a mechanical engineer that took on debt for undergrad and likes his big law job
+1. I have a CS degree, and I found coding full time mind-numbing. I also saw a ceiling to my career prospects in the not so distant future. The obsession with coding on this forum is absurd. Full disclosure: I didn't go to a tippy-top program.
This forum also seems to make it sound like coding is for everyone, which it certainly is not.
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smaug

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by smaug » Wed Apr 20, 2016 6:24 pm
DCfilterDC wrote:Monochromatic Oeuvre wrote:It's weird that people that people constantly lionize IB/PE on here despite the fact that everything people complain about w/r/t law--long hours, insane bosses, boring and repetitive work--is twice as bad there. Same grass-is-greener bullshit with any other job.
Blame law all you want for your problems, but you could've gone to state school, copped a 3.9 in an easy major, gotten a full ride to Cornell, coasted to median, and walked into Biglaw with no debt. You didn't do that, because you're shortsighted and dumb. But you nevertheless believe that oh, if only you'd seen what a better idea is was to do PE or to code, you'd be so much happier somewhere else. Here's the reality: Most of you went to law school because you have no real talents and no real passions, but you nonetheless wanted to make six figures. Well, here's your lot in life.
Are you a law student still?
He is. Anyone wanna start a pool on how long mono lasts in biglaw?
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makerbreaker

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by makerbreaker » Wed Apr 20, 2016 6:34 pm
skri65 wrote:Anonymous User wrote:krads153 wrote:Anonymous User wrote:
"most of your engineer friends" graduated UG (i) with no student debt and (ii) yet they were making six figures right out of undergrad??? this sounds like baloney. based on the fact that you've been practicing for a few years, let's assume that means you graduated UG in 2010 or 2011. First off, how did all your friends have no undergraduate debt? in this country, that's really quite unique. And second and more to the point, how did they all come out of school making almost twice the 2011 national average entry-level engineering salary--See
http://www.cnn.com/2011/LIVING/06/06/pa ... .grads.cb/--especially if "none of them did 'great' in UG." I mean, even if we're talking about a tippy-top school like stanford, in 2010, the average stanford UG engineering grad came out making $69k. See
http://web.archive.org/web/201008241737 ... lary-grads. if you want to discuss the relative merits of the two career paths, at least use some believable numbers.
anecdotally, i graduated in 2006 with top grades and an engineering degree from a highly ranked private school. i came out to a good engineering job in a high-tech field making $50k/year. and when I went back to law school in 2010, I was still making only ~$70k. fast forward 5 years (of law school and big law), and last year I took home $225k. look, big law obviously has some huge drawbacks. but c'mon with this idealization of STEM already. the only guy i can think of from my engineering class that went on to arguably bigger/better things also paid huge $$$ for an advanced degree, this one an MBA from Harvard.
Most of my friends ended up at google, etc. It is a tippy top engineering program though (like ranked somewhere between 1 and 3 in USNews for both undergrad and grad engineering), so you can probably figure out what school it is on your own. So yeah, I guess it is a "tippy top" school with great, much above average engineering placement. Also, I am talking about COMP SCI/COMP engineers, not bullshit mechanical engineers or whatever they call "engineers" these days. And yes, averaging six figure starting salaries with a real engineering degree (computer engineering)/comp sci degree is not unusual.
Our parents paid for undergrad and/or they got scholly/financial aid. Pretty much all of us had full rides to a bunch of other schools and would have gone there if parents weren't paying and/or we didn't get full funding. If you are getting into debt for undergrad, you're doing it wrong.
cool story. did you click that link above or are you just sticking to anecdotal BS? i cited to stanford, a top 2 engineering program. and in 2010--around when you must have graduated--stanford's CS graduates averaged a starting salary of $82k. the max reported salary was $115k. that doesn't touch big law. so, yes, actually, even for schools like stanford, and even for those with "real engineering" (lol) CS degrees, a cross-section that averages six-figure starting salaries was totally unusual when you graduated and is only slightly less so now.
(OP - sorry to contribute to the thread derailment. but i've reached my breaking point with the CS circle-jerk and couldn't resist a reply.)
/s/ a mechanical engineer that took on debt for undergrad and likes his big law job
+1. I have a CS degree, and I found coding full time mind-numbing. I also saw a ceiling to my career prospects in the not so distant future. The obsession with coding on this forum is absurd. Full disclosure: I didn't go to a tippy-top program.
This forum also seems to make it sound like coding is for everyone, which it certainly is not.
Credited. I don't think most people in law school appreciate the rigor of an engineering major. My S/O is CS and he worked much harder than me and all of our non-engineering friends through UG. Even my 1L workload was no comparison (and I did not cruise through UG or 1L). I knew engineering wasn't for me after taking a CS and several math classes. Still, I'm shocked at how many law school students find the "math" in income tax challenging yet wish they have gone the engineering route.
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Monochromatic Oeuvre

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by Monochromatic Oeuvre » Wed Apr 20, 2016 6:42 pm
smaug wrote:DCfilterDC wrote:Monochromatic Oeuvre wrote:It's weird that people that people constantly lionize IB/PE on here despite the fact that everything people complain about w/r/t law--long hours, insane bosses, boring and repetitive work--is twice as bad there. Same grass-is-greener bullshit with any other job.
Blame law all you want for your problems, but you could've gone to state school, copped a 3.9 in an easy major, gotten a full ride to Cornell, coasted to median, and walked into Biglaw with no debt. You didn't do that, because you're shortsighted and dumb. But you nevertheless believe that oh, if only you'd seen what a better idea is was to do PE or to code, you'd be so much happier somewhere else. Here's the reality: Most of you went to law school because you have no real talents and no real passions, but you nonetheless wanted to make six figures. Well, here's your lot in life.
Are you a law student still?
He is. Anyone wanna start a pool on how long mono lasts in biglaw?
Smart money is on me being gone in a jiffy, because I don't think I have any more fortitude than the rest of you to put up with the day-in-day-out of Biglaw bullshit. I mean, I'll try to hang on as long as I can, but I wouldn't bet on it. (Of course, I'm lucky enough to be able to do that. Godspeed to anyone who won't be able to pay back their debt in 2-3 years.)
But you can bet dollars to donuts that if I daydream about some other job, it would be some chill $40k policy job, not being an analyst at Credit Suisse.
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smaug

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by smaug » Wed Apr 20, 2016 6:46 pm
Monochromatic Oeuvre wrote:smaug wrote:DCfilterDC wrote:Monochromatic Oeuvre wrote:It's weird that people that people constantly lionize IB/PE on here despite the fact that everything people complain about w/r/t law--long hours, insane bosses, boring and repetitive work--is twice as bad there. Same grass-is-greener bullshit with any other job.
Blame law all you want for your problems, but you could've gone to state school, copped a 3.9 in an easy major, gotten a full ride to Cornell, coasted to median, and walked into Biglaw with no debt. You didn't do that, because you're shortsighted and dumb. But you nevertheless believe that oh, if only you'd seen what a better idea is was to do PE or to code, you'd be so much happier somewhere else. Here's the reality: Most of you went to law school because you have no real talents and no real passions, but you nonetheless wanted to make six figures. Well, here's your lot in life.
Are you a law student still?
He is. Anyone wanna start a pool on how long mono lasts in biglaw?
Smart money is on me being gone in a jiffy, because I don't think I have any more fortitude than the rest of you to put up with the day-in-day-out of Biglaw bullshit. I mean, I'll try to hang on as long as I can, but I wouldn't bet on it. (Of course, I'm lucky enough to be able to do that. Godspeed to anyone who won't be able to pay back their debt in 2-3 years.)
But you can bet dollars to donuts that if I daydream about some other job, it would be some chill $40k policy job, not being an analyst at Credit Suisse.
this man gets it
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zot1

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by zot1 » Wed Apr 20, 2016 7:41 pm
Monochromatic Oeuvre wrote:
Smart money is on me being gone in a jiffy, because I don't think I have any more fortitude than the rest of you to put up with the day-in-day-out of Biglaw bullshit. I mean, I'll try to hang on as long as I can, but I wouldn't bet on it. (Of course, I'm lucky enough to be able to do that. Godspeed to anyone who won't be able to pay back their debt in 2-3 years.)
But you can bet dollars to donuts that if I daydream about some other job, it would be some chill $40k policy job, not being an analyst at Credit Suisse.
That sounds legit.
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SplitMyPants

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by SplitMyPants » Wed Apr 20, 2016 7:52 pm
im an elec eng still in law school. during finals i sometimes have actual dreams that i work for the power company, driving around a truck in a hard hat and jeans inspecting substations outside all day making an engineer's salary...
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GreenEggs

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by GreenEggs » Wed Apr 20, 2016 7:57 pm
zot1 wrote:Monochromatic Oeuvre wrote:
Smart money is on me being gone in a jiffy, because I don't think I have any more fortitude than the rest of you to put up with the day-in-day-out of Biglaw bullshit. I mean, I'll try to hang on as long as I can, but I wouldn't bet on it. (Of course, I'm lucky enough to be able to do that. Godspeed to anyone who won't be able to pay back their debt in 2-3 years.)
But you can bet dollars to donuts that if I daydream about some other job, it would be some chill $40k policy job, not being an analyst at Credit Suisse.
That sounds legit.
I think it depends what policy job actually means, and entails. If it's just putting together slide decks then yeah its cool. But a ton of gov't contracting (worked a year in it) really sucks and you end up working until 7 most nights and pretty frequently you might have to cancel Friday plans because of a late night. Pay is decent, like 60k starting, and you won't work weekends, but you get to the realization that there's a small ceiling. Tons of "VPs" who pretty much do what you do, but they've just been there 15 years. And your work is largely pointless and not as interesting as you believed after you spend 50-60 hours a week in it.
Not disagreeing with anything said in this thread, but the grass isn't always THAT much greener on the other side. But I do agree, that of my friends in IB do not seem to be anywhere as miserable as my friends in biglaw
Last edited by
GreenEggs on Fri Jan 26, 2018 9:33 pm, edited 1 time in total.
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Monochromatic Oeuvre

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by Monochromatic Oeuvre » Wed Apr 20, 2016 8:35 pm
I used to work for a think tank where the lawyers essentially had free rein to sue various government agencies on whatever they thought was actionable. Started at about $55k. Only had to stay past 5 if you wanted to.
Part of me wonders if it wouldn't be better to do that instead of building a Biglaw nest egg, even if it's just for a few years.
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Nebby

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by Nebby » Wed Apr 20, 2016 10:06 pm
Monochromatic Oeuvre wrote:I used to work for a think tank where the lawyers essentially had free rein to sue various government agencies on whatever they thought was actionable. Started at about $55k. Only had to stay past 5 if you wanted to.
Part of me wonders if it wouldn't be better to do that instead of building a Biglaw nest egg, even if it's just for a few years.
Why are you in a thread about first years when you're a student?
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PeanutsNJam

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by PeanutsNJam » Wed Apr 20, 2016 11:07 pm
SplitMyPants wrote:average smaverage. you're overlooking the fact that some people cash out their companies for like $20mil with just a CS degree.
Some people also become federal judges with just a JD.
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juzam_djinn

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by juzam_djinn » Wed Apr 20, 2016 11:12 pm
PeanutsNJam wrote:SplitMyPants wrote:average smaverage. you're overlooking the fact that some people cash out their companies for like $20mil with just a CS degree.
Some people also become
federal judges POTUS with just a JD.
ftfy

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midlevel2016

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by midlevel2016 » Wed Apr 20, 2016 11:53 pm
DCfilterDC wrote:
Not disagreeing with anything said in this thread, but the grass isn't always THAT much greener on the other side. But I do agree, that of my friends in IB do not seem to be anywhere as miserable as my friends in biglaw
I don't see much of a difference in job satisfaction between my IB friends (when they were in IB anyway..most have moved on) and my big law friends. I will say that it seems like big law litigators might be less satisfied than IBers but I think IB and transactional big law are pretty equivalent in the amount they suck day-to-day.
I actually don't mind my big law job most of the time. I really enjoy drafting and legal analysis. I like negotiating. I don't like chasing people for shit. I don't like working with juniors who are hopeless or with seniors/partners who are tyrannical. I really don't like useless conference calls especially if I have to be in the partner's office the whole time. And I really hate billing my time. Hmmm so I guess there is a decent chunk of it that does bother me but I am not in the camp of people who complain dramatically about it either. It's work. ..it isn't meant to be fun because otherwise they wouldn't need to pay you to do it. But to be fair I do think you need a certain personality type to tolerate big law.
Anyway the first four to six months of my first year sucked, too, but after that things improved a lot, so hang in there.
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Monochromatic Oeuvre

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by Monochromatic Oeuvre » Thu Apr 21, 2016 12:30 am
Nebby wrote:Monochromatic Oeuvre wrote:I used to work for a think tank where the lawyers essentially had free rein to sue various government agencies on whatever they thought was actionable. Started at about $55k. Only had to stay past 5 if you wanted to.
Part of me wonders if it wouldn't be better to do that instead of building a Biglaw nest egg, even if it's just for a few years.
Why are you in a thread about first years when you're a student?
Uh, I was quietly enjoying reading first years describe their experiences. I only stepped in when this grass-is-greener bullshit stepped up. PE is awesome; make $400k and run chill deals! Engineers are making $140k straight out of UG! Pharmaceutical sales reps make more than junior partners!
And even if I believed that bullshit, I read a bunch of people in an industry reviled for its long hours, boring work and heartless bosses opine not for jobs where they'd actually have weekends off or do something they're passionate about (I was the only one to mention that), but for...finance and tech. And not just squawking about typical finance or typical tech as fancier cabins on the Titanic, but discussions of doing engineering at Stanford and Blackstone PE, as though everyone ITT could've just waltzed into the upper echelon of whatever field they chose.
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Rahviveh

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by Rahviveh » Thu Apr 21, 2016 1:34 am
SplitMyPants wrote:im an elec eng still in law school. during finals i sometimes have actual dreams that i work for the power company, driving around a truck in a hard hat and jeans inspecting substations outside all day making an engineer's salary...
I can't think of anything more pathetic than a "man" dreaming of being a sell-side excel bitch or some policy monkey working the same job as chubby feminists.
Real men who work in offices dream about working outside, making things with their hands or playing sports. Like a CIA agent or a basketball player. Not some dumb shit like coding.
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WhiteCollarBlueShirt

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by WhiteCollarBlueShirt » Thu Apr 21, 2016 10:27 pm
Monochromatic Oeuvre wrote:Nebby wrote:Monochromatic Oeuvre wrote:I used to work for a think tank where the lawyers essentially had free rein to sue various government agencies on whatever they thought was actionable. Started at about $55k. Only had to stay past 5 if you wanted to.
Part of me wonders if it wouldn't be better to do that instead of building a Biglaw nest egg, even if it's just for a few years.
Why are you in a thread about first years when you're a student?
Uh, I was quietly enjoying reading first years describe their experiences. I only stepped in when this grass-is-greener bullshit stepped up. PE is awesome; make $400k and run chill deals! Engineers are making $140k straight out of UG! Pharmaceutical sales reps make more than junior partners!
And even if I believed that bullshit, I read a bunch of people in an industry reviled for its long hours, boring work and heartless bosses opine not for jobs where they'd actually have weekends off or do something they're passionate about (I was the only one to mention that), but for...finance and tech. And not just squawking about typical finance or typical tech as fancier cabins on the Titanic, but discussions of doing engineering at Stanford and Blackstone PE, as though everyone ITT could've just waltzed into the upper echelon of whatever field they chose.
I mean Blackstone would be ludicrously awful--at least it is for the people I know there (as it is for their lawyers, hello STB, Debevoise, Paul Weiss, SRZ, etc... but I would note a certain distinction. Those peers who went that direction can have accumulated enough wealth to call it quits or take an interesting exit and buy a house in cash while they're still young (whether interesting to you is high school teacher or business development). Meanwhile, three years out and a lawyer is only just getting started in law and at best will have zero net wealth.
So at least they're not delaying the inevitable, oh, wow what have I done, I need to move to a third world country and join an NGO. Hell they can even go to law school, and, you know, actually do the public interest job everyone aspires for (at least in their personal statements).
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Desert Fox

- Posts: 18283
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by Desert Fox » Thu Apr 21, 2016 10:39 pm
smaug wrote:DCfilterDC wrote:Monochromatic Oeuvre wrote:It's weird that people that people constantly lionize IB/PE on here despite the fact that everything people complain about w/r/t law--long hours, insane bosses, boring and repetitive work--is twice as bad there. Same grass-is-greener bullshit with any other job.
Blame law all you want for your problems, but you could've gone to state school, copped a 3.9 in an easy major, gotten a full ride to Cornell, coasted to median, and walked into Biglaw with no debt. You didn't do that, because you're shortsighted and dumb. But you nevertheless believe that oh, if only you'd seen what a better idea is was to do PE or to code, you'd be so much happier somewhere else. Here's the reality: Most of you went to law school because you have no real talents and no real passions, but you nonetheless wanted to make six figures. Well, here's your lot in life.
Are you a law student still?
He is. Anyone wanna start a pool on how long mono lasts in biglaw?
Like 18 months at most.
However, he's probably right that IB jobs are worse in terms of QOL. But banking sucking doesn't make biglaw any better.
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Desert Fox on Sat Jan 27, 2018 3:00 am, edited 1 time in total.
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GreenEggs

- Posts: 3592
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by GreenEggs » Thu Apr 21, 2016 10:43 pm
Desert Fox wrote:smaug wrote:DCfilterDC wrote:Monochromatic Oeuvre wrote:It's weird that people that people constantly lionize IB/PE on here despite the fact that everything people complain about w/r/t law--long hours, insane bosses, boring and repetitive work--is twice as bad there. Same grass-is-greener bullshit with any other job.
Blame law all you want for your problems, but you could've gone to state school, copped a 3.9 in an easy major, gotten a full ride to Cornell, coasted to median, and walked into Biglaw with no debt. You didn't do that, because you're shortsighted and dumb. But you nevertheless believe that oh, if only you'd seen what a better idea is was to do PE or to code, you'd be so much happier somewhere else. Here's the reality: Most of you went to law school because you have no real talents and no real passions, but you nonetheless wanted to make six figures. Well, here's your lot in life.
Are you a law student still?
He is. Anyone wanna start a pool on how long mono lasts in biglaw?
Like 18 months at most.
However, he's probably right that IB jobs are worse in terms of QOL. But banking sucking doesn't make biglaw any better.
Yeah but aren't there bonuses way more too?
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GreenEggs on Fri Jan 26, 2018 9:33 pm, edited 1 time in total.
Seriously? What are you waiting for?
Now there's a charge.
Just kidding ... it's still FREE!
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