Root Insurance laid off just over 20% of its workforce today—including the guy who named it.
How did you find your mentor. All big shots have someone experienced as their mentor. How did you find yours and how did you ask them to be your mentor?
I've worked with an organisation for 9 months and resigned as I got good offer from a new company. As the existing company is going through financial crises they didn't allow me to serve notice period, I had to accept it and leave reluctantly.
During my full and final settlement I requested the HRs of old organization to encash my ELs, but they said it's applicable for employees who have completed 1year in organization, for which I checked HR handbook for any mentions but it's not.
Have a put credit spread expiring tomorrow that is now ITM. I am trying to close out the spread but the cost is higher than the theoretical max loss on the spread. I also don’t have enough cash in the account to buy in 100 shares of stock if I let them expire. What to do?
Stayed up until 2:30 last night playing Among Us...the games just take so much longer than you think LOL
It's really strange to me how radiation can both cause cancer (melanoma) and also be used to treat various cancers
Not sure what to do. Work has been slow for almost 2 months and I feel like my creativity is wasting away. It’s not just me either, the creative team as a whole hasn’t had much work. I have...
I know there’s a portfolio review bowl, but would love a recruiters POV-any willing to give feedback over email?
I’m not seeking new opportunities atm but want to make sure I’m well represented. TY
Read this article. It’s terrifying. Honestly worried that we are going in for economic times that don’t really need much management consulting. Seems like the world really is on the verge of a massive rearrangement. Wth will the job market even look like in 5 years. Should I start learning to farm?!
A new manager opening up to a department he’s managing to show his personal side and build connection with the team.
. . . “And outside work in my spare time I am a car collector. I have about 11 different cars at the moment, so car enthusiasts we can all discuss about our passions”
closer connection: 👎
Why don't guys like when the guy they are talking to calls them dude? "Dude" is in my every day vocabulary but sometimes when I'm talking to a guy and refer to them as dude, they give me that awkward look or ask me why i called them dude 🤔🤔🤔
What's the deal with this "autonomous zone" in Seattle? Literally no coverage by CNN while Fox is making it seem like Lord of the Flies. Can someone who is unbiased actually let us know?
Additional Posts in Big Law
I assume PPP is more or less the “average” partner’s compensation (less reserves etc.). How far off do you think that is from the “mean” partner’ comp?
For example: does the top 1% of partnership take 80% of profits and the other 99% of the partners schmucks paid like senior associates? Would 5y into a partnership at a ~$3M PPP firm allow you to retire (should you so wish) with ~$5mio in the bank?
For those who left big law, what do you miss the most? Paycheck, prestige, support from assistant/paralegal?
How long is it before you can submit to a firm independently or with a new recruiter? 6 months?
Which NYC big law firms provide solo offices to at least midlevel associates and above that have actual walls (not all glass)? And are not planning to change the layout any time soon given wfh?
I get so annoyed when partners keep assigning me non-billable work to do and then I get scolded because of my billable hours… I’m still doing my job when I’m doing “non-billable” work I shouldn’t be penalized at the end of the year for being a junior associate who can’t say no to people.
Any insight on Akerman miami RE practice?
UPDATE 5: Beans here (soon to be Mrs. THAT Equity Partner hyphen Baked Beans). He just sent over his prenup and wants markups by my side by EOD tomorrow. I had my slow junior associate bill 0.3 and summarize this for me verbally. Upside is financial stability and 2700 billable hours. On the downside, I have to stop eating baked beans.
Someone on my team sent an OOO for Wednesday - Friday of thanksgiving week.... l o l the fact this associate felt it was necessary to do this is sad on the firm culture/biglaw (the associate is an awesome person / coworker btw)
Saw a post about how associates are prevented from discussing salary at Jones Day. How does the firm get away with that? Isn’t that a violation of labor laws?
2nd year Australian Banking lawyer. I hate the practice area and being in a law firm but have an opportunity to move to Levfin in NYC. Should I just do it?
What do you do to keep hours stable in corporate practice/ ECVC?
Just joined a new firm 3 months ago. Old firm had no billable requirements. 1950 bonus target and have been doing 140-150 each month. I don’t want to ask for too much work but also concerned not hitting hours… any tips?
I’m a 2010 grad working in house. Healthcare industry. I’m fairly well compensated for IHC but don’t love my job.
I am talking to 2 different firms about SC roles. One is a mid AL100, the other is AL200. Both in Midwest. Billable rate would be $400-500/hr. Neither firm has given me any sense of potential comp range yet as discussions are early. I’m trying to get an idea of what might be reasonable before I invest a lot more time continuing to talk with them. Anyone with insight they can share?
Anyone else still slow in M&A?
Which are the top firms for Private Equity? Kirkland, Latham, Simpson, Sidley, Cravath. Am I missing anyone? Looking to lateral
So is big law one long and extended interview?
I thought my firm had a centralized staffing system (or so was told) but it's essentially a free market. I'm spending A LOT of time and energy into meticulously prepping or drafting things because I need to get more work, and my work products feel like an informal but formal audition in front of partners and associates.
I love what I do, the practice group I'm in, etc, but the system creates unnecessary pressure.
-1st yr asso
Wonder what the back office (accounting; treasury; marketing) at biglaw firms think of attorneys. I always see bro-type people who are my age, but I always wonder what they think of associates.
New to Fishbowl?
unlock all discussions on Fishbowl.