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Is TMTG the new FAANG?
BEC in a week - what areas should I focus on ?
Any nice lofts in Chicago with decent price rent
If I were perfectly happy I wouldn’t jump just for comp. assuming I can live comfortably on what I’m already making, more money (even much more money) isn’t worth more to me than peace of mind.
If I were perfectly happy, but someone came along and offered to pay off my student loans in exchange for an X year commitment, I’d take that (loans started at 200k, but with accrued interest, they are now close to 300k).
Rising Star
I’d take my current salary for more regular hours/minimal weekends
Interesting thought exercise. From an in house perspective, I’d say I’m perfectly happy and echo others that say comp isn’t everything. Having come from a prior position that was awful, no amount of money could have gotten me to go back.
But, playing by the rules of question—comp alone wouldn’t get me to move. Slightly changing the rules — assuming a similar non comp situation I have now (great colleagues/internal clients, reasonable work/life balance, challenging work, aligned with company mission), I’d move for mor equity, not necessarily base salary.
Rising Star
I think for most people that are perfectly happy, that answer is very different depending on the work environment they end up. I am pretty happy because of my control of my docket and my clients. I would probably move for a significant raise (20%+), but only if I could keep that kind of autonomy.
I wouldn't move to biglaw, for example, for those numbers, but there would probably be a number for that. If I could earn 2-3X what I'm earning now, I would grind it out for a while.
I’m nearly perfectly happy but wouldn’t turn down
more comp. most of my satisfaction comes from strong control of my matters, my own business development and minimal oversight. I have a hand on the business side rudder as well. Doubling my salary to be associate no, 3461 at some large firm would defeat the purpose of being a lawyer for me. I wouldn’t leave except to be partner at another small firm.
I would only leave my current job if everything were the same (flexibility, liked my coworkers, had autonomy) if they doubled my salary. I have never worked for just the money. I have to be able to be happy spending most of my waking hours there. Let’s face it: you spend more time with coworkers than with hour own family in a typical week.
I agree that comp isn't everything. I'm in a good spot now and my company has been amazing throughout the quarantine. I have good benefits and do we really interesting work. Before quarantine, I would have left for 20- 30% increase in comp for a similar role. Having heard from colleagues and reading on here the WFH nightmares, the comp would have to be spectacular, in addition to other things, like the company culture, benefits, and the opportunity itself.
$25k more than what I’m making now
Honestly I’m pretty happy where I am and think I would be less happy in house and definitely at a different firm. But if I had the opportunity to get in at a unicorn in an early but pretty certain to succeed stage, I think a small but real chance of being able to retire early would do it. Assuming I could pay my mortgage. So... a decent chance at a 20+ m payout?
$65k salary, covered healthcare, wfh. Don’t need anything else.