Anyone else feel stuck in this profession by student loans? I would love to shift to something else, but nothing else I am remotely qualified to do pays enough to pay off my still 6 figures student loans on the same time line.

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I literally just don’t know what else i would do and I’m not even that far out

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I’m not planning to pay them off* at all. Been in forbearance for about 2 years now and I’ll get back on IBR when it reopens at 5% of income. Pay that for 20 years then I’m done.

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Thank you

I agree with the post above. I am currently on the IBR plan. I have no choice at all. It is what it is. I’m doing my best.

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Been there. If you’re in Biglaw, I have a friend who is an accredited financial counselor and specializes in helping Biglaw associates figure out their money/loans. Her name is Jessica Medina, she’s former Biglaw and was a single mom of twins the whole time she was there. She’s active on LinkedIn so you should be able to easily find her there.

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Not in big law. At a medium firm and looking to go in house or government for a variety of reasons. If I can stay around my current income (not that much), then I can have them paid off in about 4.5 years (just under 15 years from graduation).

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Yes. Time to marry rich.

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Haha I married my college sweetheart for love, not money. Too late for me but good advice for the single young attorneys...

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I decided not to stay with IBR because if I waited for forgiveness it would have grown so much that the tax bill with forgiveness would have been insane. I would love to write a book or children’s books but I barely have enough time to get my work done, let alone have time for extracurriculars. Currently takes me a year to read a book or finishing crocheting a blanket haha

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What? I think you’re mistaken...

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I only have Reg left. I failed it once before. For those who have passed Reg what were some of things you focused on? Also if you have any study tips I would really appreciate it, tax has never come naturally to me.

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My Last working date at Wipro is 12th of june 2022, So How tax will be calculated for the financial year 2022-2023. My CTC is 8.4L
I will be working only 3 months for this financial year and in April month payslip i can see 6K deducted for tax and in the IT projection it shows around 30k tax deduction gonna happen. I will be joining another Firm in same june month
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Anyone willing to share what assets they're investing in with the extra money from being overemployed?

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[Help]

I started trading during Covid crash. Started with equities and eventually moved to options. Earlier lost a month's salary and then lot more trying to recover it. Currently have lost my yearly salary worth and it's affecting all aspects of my life (job, marriage, health). I have tried to convince myself to consider it a loss but always get back trying to recover it.

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Are remittances / gift sent from US to India (from post tax money) considered for any tax breaks or deductibles in the US?

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Coworker got fired because they stole my clients! We have a policy stating that the realtor who initiated the contact should be the one closing the deal to give them a fair chance. I feel bad but they should have read the policy...

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I want more money

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Should I lower my contributions to my 401k and save up for a down payment faster? I want to start having multiple streams of income. Planning on getting a multi-family apartment but not living there since I want to buy a semi-cheaper house so it won’t be in a great area (Chicago). Has anybody done it and regretted buying a house as an investment?

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Associates - Care to share your rough budgets (income, spousal income/family support, rent, monthly spending, student loan payments, savings, etc.)?

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Fedloan servicing's stopped interest payments until Sept due to CARES. I'm a recent grad with more loans than most. Would you continue manual payments on the principle or invest that money? ~$300/mo.

Why do firms not use vested stock options as incentive in earlier stages of career?

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I am looking for a 2bhk (family) in Viman Nagar or Kharadi (Modular kitchen is must) without brokerage. Any leads would be super helpful.

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I be wanting to go off but then I check my bank app, calm down, and keep working.

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What rates are people getting for condos? I’m thinking about selling my condo (I had 3.25%) but my realtor said that the rates are so high now that if I were to buy a similarly priced place, the monthly payment would be like $800 more. I’m bad at math, so I wanted to ask here to confirm this is accurate. Mortgage is around $700k

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Just watched the Polka King on Netflix and feel a little like Jan Lewan's investors. What exactly am I investing in?

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I’m moving to the DC area for a new job and wanted to see if anyone had suggestions on where to live in DC (neighborhoods and apartment buildings if possible). I’m thinking Adams Morgan or Logan circle, but open to suggestions. I’m a female in my late 20s, enjoy going out for a few drinks / dinner, working out, hiking etc. Budget is less than $2k per month and I’ll have to commute to Amazon in Crystal City ~3 days per week.

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How do you tackle favoritism ? In market risk idk if that’s a trend here

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Anyone interested in fashion? Stated a clothing brand. Need sales.

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How is BNY (Pune ) in terms of work culture , YOY growth and Bonuses.
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I was released without cause today but my boss mentioned my battle with mental health and that I’m looking for other jobs before canning me. Should I address this with the board or leave it alone?

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Have you ever snoop through your partner’s phone without them knowing? If so, did you find anything shocking?!

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How good are PwC and EY around advanced analytics compared to K Lighthouse and Deloitte A&C? General feeling at the latter two is they only compete with themselves and PwC and EY are a few yrs behind.

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TC New grad Software Engineer
Base: $110k
Sign-On: $35k
RSU: $120k/3years
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Starting fresh with virtually $0 savings and $0 worth of financial literacy, whats the best course of action? any advice is greatly appreciated!

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Does your firm deal well with associates who need religious accommodations? If e.g. they’re observing Shabbat, do you always make sure to have at least someone on the team who isn’t? Are you even allowed to ask? Pardon my ignorance.

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Thursday Wordle

Wordle 474 2/6

⬛🟨⬛🟩⬛
🟩🟩🟩🟩🟩

smartlike

I have two colors of a coat. Which do you all prefer? Like options below to vote. And if you have any comments, feel free to post.

Beat agencies in Sweden?

Hi, anyone Interested in Sailpoint IdentityIq Associate Certification??

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Currently recruitment in Bangalore for developer

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Hi all,

I'm looking for job change currently in RPA Blue Prism Profile. Can anyone refer me in PwC?

Thanks in advance.

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Does anyone have any creative ideas on what my company can do for May Mental Health month?

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Dear Microsoft Fishes,

How is work pressure in Level 58 support engineer roles.

Please put some light on the culture and work life balance.

Additional Posts in Law Exit Opportunities

I found out that I can make more money starting, buying and running businesses than I can in law. Plus I'm home at 6pm every night. Did anyone find that out?

likeuplifting

I am looking to enter big law. I had a clerkship on a state Business Calendar and am a current first year litigation associate where I have prepared for a trial, taken and defended depositions, and have extensive motion writing practice in tech, business, and employment cases. Is it a waste of time to try and make a move to big law with such few years of experience?

likehelpful

I know this question is asked a lot, but what are some good non-legal fields or jd preferred jobs for lawyers who no longer want to practice? If you left the field of law, how did you know it wasn’t the right career for you?

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How does one transition from mid-market insurance defense litigation to anything else?

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Has anyone here left their job due to burnout?

If yes, what are you doing now or what do you plan to do? How has the experience been?

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Does anyone know of recruiters that work with candidates looking for JD-preferred jobs? I am in New Jersey.

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Big law for 8 years (litigation/antitrust) and have never enjoyed the work. It’s too late to try a new practice area and am thinking about either leaving the law or going in house. Any non law ideas?

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Which biglaw corporate practices are most attractive for in house? Currently do a mix of ECVC and M&A and looking to focus on the former but don’t want to close any doors down the line.

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Did anyone transition out of law and pivoted into marketing? Would love to hear your thoughts! I have a public relations degree but very limited work experiences.

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I need out of the legal field for a job with independence, interesting and challenging issues to solve and a decent amount of pay. Halp!

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Had anyone prepared cover letters, elevator pitches, different resumes for non-legal jobs even if you aren’t currently looking to exit law? I’m worked on my elevator pitch and I think it’s really helped explain how my skills aren’t solely legal.

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3rd year work comp attorney, trying to transition to different non-litigation practice or law exit opportunity. Any ideas?

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I’ve been practicing in both big law (many yrs ago) and now in-house for over 10 years. Quite often I struggle because I don’t find work fulfilling. I’ve been in industries that allegedly have greater cause (healthcare) but was eventually disappointed by the corporate bureaucracy and went to a cutting-edge tech company for intellectual stimulation. Still I struggle. Should I try public interest? Not that I don’t need the money but it’s hard to work when I am so detached and find it meaningless

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Does anybody work for case text? If so I would love to talk about how you're liking the role and your compensation specifically as an attorney.

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Cross-posting: What was your narrative in interviews for wanting to leave biglaw? Presumably you didn't just say I hate working 60+ hours per week in a disgustingly inefficient, top-heavy organization.

likefunny

What’s the typical salary for a GC VC role? They indicated they would pay in line with big law plus equity upside. It would be their first GC outside hire. Curious what the equity percentage would be?

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Anyone successfully pivot to education? Any advice is appreciated. I applied for Director of Student Services role that seems really interesting.

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How soon did you know the practice of law was not for you, and when did you start acting on it? Approaching my second year and have felt this in some form since my six month mark.

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