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Fuck. 7th year biglaw associate stuck in dead end job with no future
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Date: November 15th, 2017 10:52 AM Author: cracking pit telephone I'm in a specialized tranny field that offers limited inhouse opportunities and I've lateralled three times in 5ish years with my last move being just under three years ago. No chance at partner and will likely be pushed out in my 8th of 9th year. Fucking hate law but really can't think of another field/role I could transition into. And I haven't saved nearly enough where I can afford to take a gigantic paycut. How fucked am I? (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692171) |
Date: November 15th, 2017 10:56 AM Author: Nudist indigo stage liquid oxygen MODS
I was in your boat kinda, but 2 years more junior. I am going shitlaw solo in my hometown. |
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Date: November 15th, 2017 11:11 AM Author: cracking pit telephone Wait were you tranny and now going to shitigate? (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692277) |
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Date: November 15th, 2017 11:15 AM Author: Nudist indigo stage liquid oxygen v10 and then v30 financial restructuring to shitlaw. so i know how to write a motion but i dont know shit about state court practice. i have cultivated some good PI and crimdef mentors and have some advantages in that regard. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692299) |
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Date: November 15th, 2017 11:23 AM Author: cracking pit telephone Wow good luck man. I think you'll pick up that stuff pretty quickly. I actually started in restructuring before moving to LevFin thinking LevFin would offer much better exit options - which it apparently doesn't. Anyway if you could handle restructuring at that level for that long I'm sure you'll pick up the state court crap quickly. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692349) |
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Date: November 15th, 2017 4:21 PM Author: sick hyperactive hell clown ur gonna get mouth-raped (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34694573) |
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Date: November 15th, 2017 4:23 PM Author: Nudist indigo stage liquid oxygen explain (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34694588) |
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Date: November 15th, 2017 10:57 AM Author: Excitant Theater Stage Regret Are you willing to move markets? I've seen bros make moves into other tranny fields by going to a less desired market. Just make up some tie to the city -- family, friends, wife has family there, etc. Are you in a regulatory heavy field? (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692190) |
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Date: November 15th, 2017 11:01 AM Author: cracking pit telephone Not really. Would if I had to but I have my kids in school here, live in a nice community, have a bunch of friends etc. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692212) |
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Date: November 15th, 2017 11:40 AM Author: Excitant Theater Stage Regret I'd start mass mailing for some higher-up positions in less desirable markets. You have no idea how hard it is sometimes for like US Bank to fill a spot because they're getting resumes from local Milwaukee kids (or like P&G in Cincy). You can probably ask for make-me-move money, and you may get it. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692472) |
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Date: November 15th, 2017 10:58 AM Author: Chartreuse site idiot what are you a litigator or something (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692192) |
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Date: November 15th, 2017 11:00 AM Author: cracking pit telephone No I'm in LevFin. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692204) |
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Date: November 15th, 2017 11:03 AM Author: Chartreuse site idiot good lord. why. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692228) |
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Date: November 15th, 2017 11:04 AM Author: cracking pit telephone It was forced upon me. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692233) |
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Date: November 15th, 2017 12:29 PM Author: Insane burgundy school cafeteria Unless you are based in China, it was not forced on you. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692822) |
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Date: November 15th, 2017 12:48 PM Author: cracking pit telephone Well it was either that or seriously risk getting laid off as a junior associate with a shitload of debt so . . . (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692984) |
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Date: November 15th, 2017 11:48 AM Author: demanding house-broken spot wagecucks Feel like corporate finance/debt associate positions are blowing up on Laterally all the time. Maybe not at your level. Are you not able to at least exit to a bank? (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692544) |
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Date: November 15th, 2017 12:05 PM Author: cracking pit telephone There are definitely a bunch of positions at law firms but as I said below that's a short term fix and further fucks up my resume. I have been applying to bank jobs but so far no luck. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692660) |
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Date: November 15th, 2017 11:00 AM Author: Slap-happy locale keepsake machete Sounds like my friend except he's in lit. Why can't you take the pay cut? Family and kids with expensive lifestyle? (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692203) |
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Date: November 15th, 2017 11:03 AM Author: cracking pit telephone I guess I'm talking about like a staring over from scratch type paycut. It's be real tough to start making $50-70k or something and I'm getting old now and don't really have enough time to start climbing the ladder from the bottom. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692229) |
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Date: November 15th, 2017 11:04 AM Author: Nudist indigo stage liquid oxygen Your unwillingness to move, inability to take a paycut or do something risky suggests that your only path is to keep doing the lateral dance for another couple of decades. You will celebrate your 40th, 50th and 60th birthdays as a nameless of counsel at a mid tier law firm, working to enrich more daring men then you. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692235) |
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Date: November 15th, 2017 11:08 AM Author: Chartreuse site idiot lol "hey i am in a dead end job about to get fired but im not willing to do anything about it. can anyone help me?" (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692260) |
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Date: November 15th, 2017 11:10 AM Author: cracking pit telephone I mean I look for other jobs constantly when I'm not billing 50-70 hours a week and have at least tried to think creatively about other things I can do. It's not that easy to pick a family up and move though. My wife has a job too etc and obviously I'd like to avoid going that route unless it's forced on me. Why would I jump on that right off the bat? (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692272) |
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Date: November 15th, 2017 11:16 AM Author: Chartreuse site idiot Yep sounds like all the cards are stacked against you and you can do nothing about it. Probably the only solution is to kill self. Good luck. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692310) |
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Date: November 15th, 2017 11:24 AM Author: cracking pit telephone Thanks dude. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692353) |
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Date: November 15th, 2017 11:08 AM Author: cracking pit telephone I have thought about lateralling again. It obviously offers a short term fix while further fucking me in the long term. Basically situation is a product of me dancing between rain drops after ITE and I think it's all finally catching up with me. Incredibly jealous of my friends who just took a sales job out of college and are now making around what I make and are 100% comfortable in their careers. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692261) |
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Date: November 15th, 2017 11:14 AM Author: Nudist indigo stage liquid oxygen if your wife works and you dont have debt, you should be able to take somewhat of a paycut. ask yourself if you care more about seeing your children grow up, picking up some hobbies etc.
if so, downsize your life and move out of MFH to a cheaper suburb and aggressively look for a painfully boring but stable $200K job at a bank. |
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Date: November 15th, 2017 11:26 AM Author: cracking pit telephone A $200k job at a bank would be a totally fine outcome and that's pretty much what I'm hanging onto hope for that'll work out. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692365) |
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Date: November 15th, 2017 12:53 PM Author: Dull territorial blood rage native first of all, big sales guys are not 100% comfortable in their careers. One dry spell and they're out on their ass just like you. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693030) |
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Date: November 15th, 2017 1:02 PM Author: cracking pit telephone I'm sure it comes with a lot of stress. I just happen to know a bunch who are doing great and seem much happier than any lawyer other than s rainmaker thatci've ever met. And yeah I definitely have heard of some getting thrown out on their ass if they don't perform but they always seem to get a job immediately at one of the shitload of positions that always seems to be available. They don't have to deal with the whole weirdo law issue where your employer will never admit to pushing you out because of their shitty pyramid structure. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693123) |
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Date: November 15th, 2017 1:05 PM Author: Dull territorial blood rage native just stop it with your grass is always greener bullshit (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693159) |
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Date: November 15th, 2017 1:07 PM Author: cracking pit telephone No (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693172) |
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Date: November 15th, 2017 1:05 PM Author: Exhilarant erotic personal credit line (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693156) |
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Date: November 15th, 2017 12:09 PM Author: red massive main people indian lodge mods (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692688) |
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Date: November 15th, 2017 12:56 PM Author: Zippy potus CR (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693061) |
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Date: November 15th, 2017 2:42 PM Author: Flesh Beady-eyed Macaca Background Story Toxic (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693849) |
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Date: November 15th, 2017 2:45 PM Author: Mauve mildly autistic space assuming he doesn't die of a heart attack by then from stress LJL @ THIS CUCK (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693877) |
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Date: November 15th, 2017 2:50 PM Author: Flesh Beady-eyed Macaca Background Story This image really hits home. My practice group has a number of "nameless of counsel" who are quietly being pushed out, quietly fading away, after decades of thankless service. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693906) |
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Date: November 16th, 2017 12:16 PM Author: vigorous high-end parlour queen of the night This could be in a fortune cookie. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34700623) |
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Date: November 15th, 2017 11:10 AM Author: Disturbing Concupiscible Faggotry (every litigator) (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692271) |
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Date: November 15th, 2017 11:16 AM Author: Insane burgundy school cafeteria You always have options, but if you're only willing to search indeed.com for jobs that pay 200k+, it's never going to happen. What do you actually want to do outside of a law firm?
Also, talk to recruiters about moving to a different practice area. Probably tough since you've lateraled 3x already, but far from inconceivable that someone would let you start over as a 3rd year doing something else.
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Date: November 15th, 2017 11:32 AM Author: cracking pit telephone Thanks - that's helpful. As far as what I want to do outside of law, I think I could be pretty flexible. Having the opportunity to do something other than this terrible, shitty profession would make me happy at least for a little while and I think I could potentially energize me to the point where j may even be successful at it.
Interesting idea about moving practice groups. Would love to get into tech tranny, health tranny ior investment management because that is apparently where all of the inhouse jobs are. Would be tough as you said though getting a firm to bite on a 7th year though tire tooling unless they were extremely desperate. |
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Date: November 15th, 2017 12:17 PM Author: Insane burgundy school cafeteria Right. No one is taking you as a 7th year. You would have to find a firm that would let you drop back and be a 3rd year associate. Some firms allow it, some don't. Best bet is a hot practice area that is somewhat related to what you do. Don't know what that is, but recruiters will. Talk to at least 3-4 of them; some will say it's not possible, but it does happen, so find someone who will work with you.
And if you want to get out of law, the whole "law sucks, I just want out" attitude is insufficiently specific. Guess what, most jobs suck worse than biglaw associate and pay less. You need to evaluate what you want in a job, what your realistic strengths are and decide on something, whether it's sales, biz dev, tech, etc. And then come up with a plan to get there because it'll probably take a year to make it happen. |
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Date: November 15th, 2017 12:54 PM Author: cracking pit telephone Yeah I agree with all of that. At this point though j don't think I have the luxury of pursuing what I ideally want to do but instead need to focus on finding something that I think I would like more/be better at that is actually attainable. I mean I can't go get my MBA and start fresh on the business side or anything like that. Thinking more of something like sales. Could probably get in through a legal headhunting gig of something and then I'd at least have made a fresh break from being a lawyer. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693041) |
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Date: November 15th, 2017 1:10 PM Author: Insane burgundy school cafeteria I'd just think about whether you really want to do sales. Pretty unlikely, although not impossible, that it pays more than what you make now. My only point is that a lot of people think "oh, I made it, I'm not in law," but give too little thought to what they're actually doing and end up in something far shittier and lower paying. Most jobs fucking suck, including sales. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693195) |
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Date: November 15th, 2017 11:41 AM Author: hairraiser sapphire temple take a paycut and go to a bank (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692481) |
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Date: November 15th, 2017 11:53 AM Author: cracking pit telephone I've been trying to do that (even though being inhouse at a bank for the rest of my career will be soul crushing on some level) but there aren't a ton of positions that open in my city. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692575) |
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Date: November 15th, 2017 12:50 PM Author: Tan menage black woman You really should have saved more to avoid being in this situation. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34692996) |
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Date: November 15th, 2017 12:51 PM Author: cracking pit telephone No amount I could have saved in biglaw would have allowed me to avoid this situation. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693009) |
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Date: November 15th, 2017 12:54 PM Author: Dull territorial blood rage native would have allowed you to take a bigger paycut to move somewhere else and already have a decent nestegg. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693038) |
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Date: November 15th, 2017 12:58 PM Author: cracking pit telephone I have a bunch saved. I have a ton of equity in my house and would make a lot of money if I sold. So I am in position to do what you're suggesting. I just don't want to - obviously uprooting my family is shitty and I'd like to avoid it if I can. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693077) |
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Date: November 15th, 2017 12:58 PM Author: Zippy potus Found or join a high yield/distressed lending firm with finance bros you know from your practice. Will be way more lucrative, fun and relaxed than biglaw. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693079) |
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Date: November 15th, 2017 12:59 PM Author: vigorous high-end parlour queen of the night (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693085) |
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Date: November 15th, 2017 1:00 PM Author: Dull territorial blood rage native I know someone that did this and they went bankrupt within 5 years (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693102) |
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Date: November 15th, 2017 1:01 PM Author: vigorous high-end parlour queen of the night Staying afloat for five years sounds pretty successful (unless they somehow kept injecting personal funds). (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693114) |
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Date: November 15th, 2017 1:04 PM Author: Dull territorial blood rage native now the attorney is out on his ass looking for a jerb, but at least he got to wear skinny jeans to work for a few years (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693145) |
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Date: November 15th, 2017 1:04 PM Author: rusted electric useless brakes knife but it was a fun 5 years (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693151) |
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Date: November 15th, 2017 2:27 PM Author: submissive church building (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693726) |
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Date: November 15th, 2017 1:10 PM Author: cracking pit telephone Oh fuck why didn't I think of that (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693194) |
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Date: November 15th, 2017 2:34 PM Author: Zippy potus ? Apply your skill set and relationships to doing something worthwhile (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693780) |
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Date: November 15th, 2017 2:27 PM Author: submissive church building (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693723) |
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Date: November 15th, 2017 3:36 PM Author: Insane burgundy school cafeteria This is underrated advice. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34694208) |
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Date: November 15th, 2017 4:09 PM Author: cracking pit telephone Not to come off like the cucky beta biglolyer that I probably am but I feel like I'd need a ton of capital/investors in order to do something like that. Like 10s of millions of dollars at the very least. Not sure how I can come up with that. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34694480) |
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Date: November 15th, 2017 1:04 PM Author: Metal vivacious trump supporter cuckold At this point you have enough money where you never have to work again. Doesnt seem that bad to me. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693150) |
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Date: November 15th, 2017 1:15 PM Author: autistic codepig cumskin I got u covered: http://www.autoadmit.com/thread.php?thread_id=3399337&mc=61&forum_id=2 (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693232) |
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Date: November 15th, 2017 1:47 PM Author: vigorous high-end parlour queen of the night (Thomas Piketty) (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693449) |
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Date: November 15th, 2017 2:30 PM Author: Mauve mildly autistic space How much in savings? At this point you should be thinking about non-law careers, not more jobs in law, dumbass. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693743) |
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Date: November 15th, 2017 2:32 PM Author: Contagious field old irish cottage List some careers (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693765) |
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Date: November 15th, 2017 2:32 PM Author: submissive church building Nigger (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693766) |
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Date: November 15th, 2017 2:32 PM Author: Mauve mildly autistic space Teaching (they get paid pretty well after a few years + pension), nursing (lots of jerbs in flyover), maybe prison guard (ask Johnsmeyer), if you're fit enough, you should consider joining the police force or maybe fire department (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693767) |
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Date: November 15th, 2017 2:33 PM Author: Contagious field old irish cottage Lol so jobs for faggots? (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693770) |
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Date: November 15th, 2017 2:34 PM Author: Mauve mildly autistic space (fat biglawyer who can't even run one mile) (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693772) |
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Date: November 15th, 2017 2:39 PM Author: cracking pit telephone I thought I covered this in the OP. I don't think I have enough saved where taking a $50k job would be prudent unless there was decent odds I could grow that job into something where I could make a reasonable amount of money. And yeah I don't want to do law but am not sure of what if anything else I can do where someone will pay me a reasonable salary. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693823) |
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Date: November 15th, 2017 2:40 PM Author: Mauve mildly autistic space Then cut down your expenses, you clearly are living beyond reasonable means (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693831) |
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Date: November 15th, 2017 2:48 PM Author: cracking pit telephone Wtf are you talking about? So if I'd saved more during these 7 years I'd be in a spot where I could feel comfortable that I could pay for my kids' education and have a solid retirement? (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693897) |
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Date: November 15th, 2017 2:49 PM Author: Mauve mildly autistic space stop shirking the questions. does your wife work? how many kids?
why the fuck did you have kids before being set financially?
if you were a single man, or married without kids, then maybe you could have retired already |
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Date: November 15th, 2017 2:52 PM Author: cracking pit telephone I never shirked any questions. I said I had a family in my op. Anyone who has worked in biglaw would know the ballpark of where you'd be after 7 years and no matter how frugal you were during that time you wouldn't be in a position to retire. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693915) |
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Date: November 15th, 2017 2:54 PM Author: Mauve mildly autistic space You could be in a position to take a 50k jerb though. But you have a high mortgage it seems and two too many kids (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693920) |
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Date: November 15th, 2017 2:57 PM Author: cracking pit telephone I don't have too high of a mortgage you weirdo. You're just reiterating the stupid shit you hear on this board but I don't fit the stereotype you're going for. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693941) |
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Date: November 15th, 2017 2:59 PM Author: Mauve mildly autistic space if you don't, then go ahead and take some risks and take a lower paying job doing something you enjoy or whatever
but you sound like a betacuck, so that above poster is right - you are destined to remain in the same place forever |
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Date: November 15th, 2017 2:41 PM Author: deep topaz library quit shirking the Q; how much savings do you have and what are your monthly expenses? (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693839) |
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Date: November 15th, 2017 2:42 PM Author: Mauve mildly autistic space and do you have harpy SAHM and kids to support? (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693843) |
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Date: November 15th, 2017 2:50 PM Author: cracking pit telephone With the house I have a million give or take. I have a wife that makes not great money and two kids. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693904) |
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Date: November 15th, 2017 2:51 PM Author: Mauve mildly autistic space "with the house"? liquidity is what matters, unless you are willing to move
sell the house and move somewhere cheaper, or you're done here |
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Date: November 15th, 2017 2:55 PM Author: cracking pit telephone Yes, a portion of my networth is in equity in my home . . . so I should pick up and move my family? Wtf? (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693932) |
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Date: November 15th, 2017 2:56 PM Author: Mauve mildly autistic space yes, i think that is clearly the CR here
move somewhere cheap as fuck, buy a 300k house and invest the remaining 700k. then find some low paying jobs. i don't see what the issue is here.
you will likely net out with a higher net worth investing that 700k in the market than you would keeping it in your house as equity |
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Date: November 15th, 2017 2:59 PM Author: cracking pit telephone I'll agree that that is A solution is the event I'm not able to figure something else out but I don't think it's rationale to take that as the first option. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693950) |
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Date: November 15th, 2017 3:00 PM Author: Mauve mildly autistic space if we're just talking about finances, i think this is the option that makes the most sense, to be honest (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693956) |
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Date: November 15th, 2017 2:49 PM Author: Flesh Beady-eyed Macaca Background Story Ur fukt. But so are we all. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34693901) |
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Date: November 15th, 2017 4:26 PM Author: Slap-happy locale keepsake machete What does your wife do and how much does she make? How much do you owe on your house? Total savings ex home? Age of kids? I agree downsizing might be tough depending on wife. Could you do management position at companies in your field? (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34694619) |
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Date: November 15th, 2017 5:14 PM Author: Saffron Lascivious Voyeur Rigor I do levfin and I'm about your seniority level. Why do you think you have no chance at partner somewhere or that you can't get an in-house job at a bank? I know a lot of levfin folks who have gone in-house, and it doesn't seem like it's all that hard. There are also periodically new firms trying to enter the practice area and it seems like you should at least be able to manage to get a counsel role if not actually lateraling into partnership. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34695037) |
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Date: November 15th, 2017 5:24 PM Author: Contagious field old irish cottage Lol why the fuck would you wanna do levfin for the rest of your life (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34695106) |
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Date: November 15th, 2017 5:25 PM Author: Mauve mildly autistic space CR
levfin is godawful |
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Date: November 15th, 2017 5:31 PM Author: Saffron Lascivious Voyeur Rigor i'm weird because i actually like it, but what do you hate most about it? If it's just hours you can prob get some in-house job that is a lot more manageable - eg, a lot of big corps hire ex-levfin people in their treasury legal depts. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34695173) |
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Date: November 15th, 2017 5:46 PM Author: Contagious field old irish cottage The work itself is god awful and boring. What exactly fo you like about it (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34695289) |
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Date: November 15th, 2017 6:21 PM Author: Saffron Lascivious Voyeur Rigor I liked it more than M&A, ECM and investment grade debt, which really felt a lot more like I was just papering a deal that someone else was making and that nothing I did really mattered.
Obviously nothing I do still really matters, but I spend a decent amount of time either trying to find loopholes in covenants or drafting covenants to prevent loopholes, which I find kind of fun, and sometimes you feel like you are actually being a little bit creative and allowing some transaction to happen that otherwise wouldn't. I mean, most of it is still pretty boring but most of every job is really boring so if you find 5-10% of your day interesting I think you are doing pretty well.
I think I probably would have liked a lot of things though, including a bunch of other practice areas. Levfin was what I fell into because it seemed the most interesting a few years ago when I had the ability to pick, and I've stuck with it ever since. |
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Date: November 15th, 2017 6:25 PM Author: Contagious field old irish cottage What are your T levels? (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34695649) |
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Date: November 15th, 2017 6:33 PM Author: Saffron Lascivious Voyeur Rigor probably pretty low to be honest (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34695707) |
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Date: November 16th, 2017 10:31 AM Author: cracking pit telephone I think I'd rather be homeless and addicted to crack living in a gutter than do LevFin in private practice for the rest of my career. I honestly think I would get more out of my time on earth that way. The partners in my group are either completely soul crushed to the point they have no life in their eyes, aspie as hell, sociopaths or some combination of all 3. You've gotta be fucking crazy to live like this forever. We're all either going flat out on fraud that seemingly come out of nowhere, chained to our desks, cranking through docs straight through the night, weekends, holidays, kids' birthday parties, or we're pacing around panic stricken that the work stream is slowing down and oh fuck what if the economy is about to tank and we won't have any deals to do and then we'll all - other than the rainmakers - be out on the street. It is an absolute waste of human life and I regret that I've already wasted 7 years doing it. (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34699860) |
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Date: November 15th, 2017 6:38 PM Author: boyish ungodly resort travel guidebook Tell me about it. I'm a couple years senior and have been getting shut out for even the most basic jobs despite willingness to move anywhere. It gets worse (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34695744) |
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Date: November 16th, 2017 12:58 PM Author: pearl business firm sweet tailpipe Can you just describe yourself as a corporate associate and put some generic descriptions of deals you were just tangentially involved in that was specifically leveraged finance? I don’t think it’d be that hard to go in house if you sold yourself properly (http://www.autoadmit.com/thread.php?thread_id=3798068&forum_id=2#34701012) |