Burnout
Posted: Wed Jul 07, 2021 10:00 pm
Tell me about it. How’s everyone doing?
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Same here - 40% over pace this year, finished last year at 2600 hours (and for context, I'm a fourth year now so not going for partner or anything else beyond shear survival). Just went on vacation which helped somewhat during the week I was out but the first Monday back basically sent me into a depression. Just set up a coffee meeting with a mentor who's a few years more senior in hopes that they can share their secrets / talk me into sticking around. That being said, I also feel bad for our staffing partner - he's as much stuck in this staffing situation as we are and people keep quitting.Anonymous User wrote: ↑Wed Jul 07, 2021 10:20 pmCorp associate at a NY V5. So burnt out. Took a vacation recently but returning to work made me feel worse somehow. Probably will be looking at exit options soon. I know a lot of my fellow classmates are as well. We've been hemorrhaging mid-levels and even juniors without any fresh lateral blood. Ugh.
The answer to your question is no. It's just more money. If you are having that much trouble with 1880 hours I can't reccomend enough avoiding big law. You'll either get fired for billing 1880 hours or you'll be 2x miserable billing considerably more.Anonymous User wrote: ↑Thu Jul 08, 2021 2:52 amDoes the money make it easier to survive burnout? Like knowing you're saving a several handfuls of money more than other people who are also burning out during the pandemic.
I'm in a secondary market and making $110k less than Milbank scale (no bonuses here) and annualizing at 1880 hours after taking two breaks (one called a vacation and the other was full on mental health leave). I keep wondering if I didn't feel like I was busting my ass for this amount of money that I would feel better or be able to tell myself it's worth it. Is that just wishful thinking?
Lol what godawful firm do you work at that’s firing anyone right now for billing 1880 hours? 1600 looks bad but 1800 is fine.Anonymous User wrote: ↑Thu Jul 08, 2021 9:18 amThe answer to your question is no. It's just more money. If you are having that much trouble with 1880 hours I can't reccomend enough avoiding big law. You'll either get fired for billing 1880 hours or you'll be 2x miserable billing considerably more.Anonymous User wrote: ↑Thu Jul 08, 2021 2:52 amDoes the money make it easier to survive burnout? Like knowing you're saving a several handfuls of money more than other people who are also burning out during the pandemic.
I'm in a secondary market and making $110k less than Milbank scale (no bonuses here) and annualizing at 1880 hours after taking two breaks (one called a vacation and the other was full on mental health leave). I keep wondering if I didn't feel like I was busting my ass for this amount of money that I would feel better or be able to tell myself it's worth it. Is that just wishful thinking?
Are people really billing 1880? I'm a corporate associate, but everyone I know is well north of 2k (at every firm I'm aware of). You would certainly get talked to if you came in at 1880 and likely wouldn't last more than a couple of years.Ultramar vistas wrote: ↑Thu Jul 08, 2021 9:33 amLol what godawful firm do you work at that’s firing anyone right now for billing 1880 hours? 1600 looks bad but 1800 is fine.Anonymous User wrote: ↑Thu Jul 08, 2021 9:18 amThe answer to your question is no. It's just more money. If you are having that much trouble with 1880 hours I can't reccomend enough avoiding big law. You'll either get fired for billing 1880 hours or you'll be 2x miserable billing considerably more.Anonymous User wrote: ↑Thu Jul 08, 2021 2:52 amDoes the money make it easier to survive burnout? Like knowing you're saving a several handfuls of money more than other people who are also burning out during the pandemic.
I'm in a secondary market and making $110k less than Milbank scale (no bonuses here) and annualizing at 1880 hours after taking two breaks (one called a vacation and the other was full on mental health leave). I keep wondering if I didn't feel like I was busting my ass for this amount of money that I would feel better or be able to tell myself it's worth it. Is that just wishful thinking?
Well, I feel like a sucker. Is everyone just lying to me about how much they work?hdr wrote: ↑Thu Jul 08, 2021 10:18 amNo one gets fired for billing 1800 hours. Worst case scenario is you look bad and become disfavored in staffing decisions, but that's only going to be a problem when things slow down. At every firm there are plenty of associates who never hit 2000 but always act like they're super busy and get away with it for 6-8 years.
While this may be true in normal times, comments like this ignore just how busy and dire V20 M&A/CapM groups are right now. The reason you could historically coast at ~1800 hours is because it wasn’t that far below the hours median. When the average hours pass 2,500 like they have at several firms (including for partners), lower hours are far more scrutinized and partners are def tracking hours more closely at my firm than in the past. I’ve also heard far more rumblings of associates getting told to pick up their hours this year than ever before to spread the burden. You might not actually get fired “until things slow down” but that could be as soon as January 2022 once the concern on the cap gains increase subsides and you might not be in good standing for a bonus before then.hdr wrote: ↑Thu Jul 08, 2021 10:18 amNo one gets fired for billing 1800 hours. Worst case scenario is you look bad and become disfavored in staffing decisions, but that's only going to be a problem when things slow down. At every firm there are plenty of associates who never hit 2000 but always act like they're super busy and get away with it for 6-8 years.
In the same boat. Came back from vacation this week and feel utter despair. Beyond burnt out. Have been interviewing, but the thought of doing this at another firm makes me pretty miserable too.Anonymous User wrote: ↑Wed Jul 07, 2021 10:20 pmCorp associate at a NY V5. So burnt out. Took a vacation recently but returning to work made me feel worse somehow. Probably will be looking at exit options soon. I know a lot of my fellow classmates are as well. We've been hemorrhaging mid-levels and even juniors without any fresh lateral blood. Ugh.
Again, depends on where you work. No one at a V20 who does halfway decent work is being fired for billing 1800 hours, unless and until they hit an absolute ceiling of up-or-out and can’t be promoted - and that’s rarer and rarer these days, because almost everyone has a non-equity track of some sort, whether they are explicit about it or not.Mullens wrote: ↑Thu Jul 08, 2021 10:30 amWhile this may be true in normal times, comments like this ignore just how busy and dire V20 M&A/CapM groups are right now. The reason you could historically coast at ~1800 hours is because it wasn’t that far below the hours median. When the average hours pass 2,500 like they have at several firms (including for partners), lower hours are far more scrutinized and partners are def tracking hours more closely at my firm than in the past. I’ve also heard far more rumblings of associates getting told to pick up their hours this year than ever before to spread the burden. You might not actually get fired “until things slow down” but that could be as soon as January 2022 once the concern on the cap gains increase subsides and you might not be in good standing for a bonus before then.hdr wrote: ↑Thu Jul 08, 2021 10:18 amNo one gets fired for billing 1800 hours. Worst case scenario is you look bad and become disfavored in staffing decisions, but that's only going to be a problem when things slow down. At every firm there are plenty of associates who never hit 2000 but always act like they're super busy and get away with it for 6-8 years.
This is an interesting discussion. I lateraled from a regional biglaw firm to a V50 in New York about 2 months ago. 1800 was the minimum billable hours requirement at my previous firm, but if you billed in the 1600/1700 range (as long as your work product was solid), you would never get fired. At my current firm, I've been consistently billing 10-12 hour days since I started and coasting just doesnt seem like an option.Mullens wrote: ↑Thu Jul 08, 2021 10:30 amWhile this may be true in normal times, comments like this ignore just how busy and dire V20 M&A/CapM groups are right now. The reason you could historically coast at ~1800 hours is because it wasn’t that far below the hours median. When the average hours pass 2,500 like they have at several firms (including for partners), lower hours are far more scrutinized and partners are def tracking hours more closely at my firm than in the past. I’ve also heard far more rumblings of associates getting told to pick up their hours this year than ever before to spread the burden. You might not actually get fired “until things slow down” but that could be as soon as January 2022 once the concern on the cap gains increase subsides and you might not be in good standing for a bonus before then.hdr wrote: ↑Thu Jul 08, 2021 10:18 amNo one gets fired for billing 1800 hours. Worst case scenario is you look bad and become disfavored in staffing decisions, but that's only going to be a problem when things slow down. At every firm there are plenty of associates who never hit 2000 but always act like they're super busy and get away with it for 6-8 years.
Definitely connecting with all the sentiments about taking a vacation and when you're back you're basically despondent. Exact thing happened to me. Fourth year corporate on a team where so many people have left that you end up subbed onto deals with no context, going at full steam, and it's awful. A senior asked me to help on another deal and we had a pitiful conversation where I was like "I am falling apart with all these deals and really don't know if I could handle it, I'll end up in a padded room" and we ended up commiserating about how bananas things are.Anonymous User wrote: ↑Wed Jul 07, 2021 10:20 pmCorp associate at a NY V5. So burnt out. Took a vacation recently but returning to work made me feel worse somehow. Probably will be looking at exit options soon. I know a lot of my fellow classmates are as well. We've been hemorrhaging mid-levels and even juniors without any fresh lateral blood. Ugh.