I am in a two partner, partnership, with one employee and three contract attorneys. We are getting killed with taxes!!! What are some ways you are reducing your tax liability. We are still pretty new (our firm is only 4) and we need to figure out how to set ourselves up for success. All of my savings will be depleted to pay the IRS.

Love how BS credit score is. Got my score up to 800 last month only to go on vacation so my credit utilization went up to 8% due to the increased spending and my score dropped 35 points because I didn’t immediately pay the balance after charging the purchases. I always pay my balance in full each month and have never missed a payment, how is 8% credit utilization determined to be that big of a risk that my score got immediately wrecked, I don’t understand

Any suggestions for books to read about any guide for buying house in Canada or on real estate in Canada ?

Thanks

Best side jobs for extra money? Really need to supplement my income..

Alright auto fishes, I’m in the market for a entry level luxury car. Open to used or a lease. I don’t plan to use it as a daily driver, live in an HCOL. Only restriction is that I’d like to keep my monthly costs at no more than $600-$700/month (including insurance, financing / fees, etc; have a parking spot already). Doesn’t have to be a European badge. Thoughts?

When do you predict the dip? I've been waiting for so long, but don't want to buy now. VTI seems inflated.

Do any real estate lawyers out there know of/can direct me to a ROFO agreement to purchase commercial property? I’m working on one now (but using a ROFO to purchase equity interests as a basis) and would like to see what other people are doing. Finding a good one has been hard, as this kind of thing isn’t always required to be filed with the sec and every search I’ve done basically pulls up garbage. Also, are there any provisions you’d consider absolutely crucial from the owner’s side?

I’m an authorized user on my parent’s Citi AA Executive card to get the AA lounge access. However, they consistently go over 30% of credit usage / sometimes over credit limit (cont.)

Is 80k cash + 20k company share a good deal for a junior dev role in the bay area?🙏

Have 50k in brokerage to put towards buying a place in Atlanta. Young 20 something who's lease is ending soon

Roth IRA and 401k are well funded but don't want to pull from there.

Should I buy and rent the extra bedrooms to friends, or stay renting and put savings in stock market?

I NEED HELP WITH CREDIT SCORE issues: Two months ago my credit score went down by 30 to 40 points due to dad missing credit card payment by a day (i got added to as authorized user on his credit card for me to build credit but now I’m filled with regret). I was devastated by it. This past month I have been making more payments and paid off my aug statement in full thinking it will boost my credit score. But I don’t know why it went down another 10 points. More below:

I’m currently an LLC and looking to assemble an equity deal with an advisor. I don’t know how to set it up with him where he gets his equity in the future when we restructure the entity to a c/s Corp and give out his shares. It doesn’t make sense for us to switch now and get double taxed when we haven’t lifted off the ground. This is pre launch. Any advice?

Anyone in on IPOF call options?

Guys, i m in a pretty bad financial situation and need to pay my student loans and support my parents who lost their job. I m trying to brainstorm how i can make some side money. Thinking something that i can do remotely like an amazon store. Goal is to generate ~$1000 months in profits. I just have no idea where to start. How do ppl go about starting these?

Make 72k with not a lot savings at the moment since I am new in the workforce. Any advice on how to break into real estate.
Also already own a primary residence.

Having trouble selling my (retired) dad's house. It needs a lot of work, but has great character. What if I buy it myself for a low, low price? Then I would be able to get a FHA 203k loan to do the updates. Rent it out or put it back on the market in the spring.

Is flipping houses worthwhile? I like decorating and renovating, so I'm thinking that maybe I could go into this and try my luck.

SD rent prices are just about the same as SF right now. It’s blowing my mind.

Is it possible to have zero tax with 13.5 lpa with the following tax benfits ?
80C 1.5 lpa , 80 CCD(2) NPS 50k ,
Home loan 2 lpa.

Any news from DPW? 🤔🤔

Why is onsite so important for us IT people even though we can live a more comfortable life here in India and save equally here too? Not judging anyone since I am also one of those people who feels like a failure because I couldn't make it to onsite in last 7 years while many of my peers have.

Is it worth moving to Germany for 60,000 euros per annum job from a BIG4 with 16LPA INR ? I'm single not married yet.

Anyone from EY Singapore?

Hi all,
Been doing privacy for about a year now in-house. Got my CIPP/US.
Having major imposter syndrome still. I feel like the minute I finally have a grasp, something changes. The law and nuances just seem overwhelming. Maybe it’s just a lack of guidance/uniformity in the US. I’m not sure if I feel this way because it is simply the nature of the work or because I’m just not capable.
😔

I've taken all the exams twice and only passed BEC... got a 71 on REG and 66 on FAR. I really feel like giving up. What are some tips to stay motivated?

What field is everyone here working in?

So I used to work for a company where my job was good, was a director of business solutions for a fashion brand. Only issue was that the CFO micromanaged and ended up leaving. My background is digital transformation however I took an infrastructure position to rebuild a provincial healthcare system. I always lacked the hardware side and thought this was a good move but I feel like I’m losing my digital skills and don’t enjoy the work. I’m in it for 7 months now.

Can anyone please refer me in Barclays?

I need to open a bottle from my collection of something I've never had yet and write a review. I feel like I'm falling behind here.

Thoughts on a manager texting you to ask why you aren’t online Easter weekend when all of your work is completed and another senior who can’t handle their own work decided to randomly send you their returns to review?

Do you know of any full time/freelance creatives who also direct commercials? Like, ones who cherry pick jobs they want to work on?

Eyeing the jag i pace but I’m one to buy a luxury car just a few years old with extended warranty... ughhh @ the human desire and itch to get more.

How to book seat for office at Pune location?I am a new joinee and planning to go office once in a while.Kindly help guys

How is Virtusa Lloyd Bank Project?

How is work life Balance?

Tech stack Java?

Imposter syndrome is the killer of all ambition.

"Whether you think you can or you can't. You're right!" - Henry Ford

Just a little reminder.

Airtel 5g is rolled out in metro cities.. anyone got chance to use it? Is that available for general users?

Does anyone have any insight regarding compensation for the “of counsel” position? I’m specifically looking for insight from those in California. Thank you!

Plaintiff side question - comp is base plus % of fees. Firm has non equity split % with associate working on case. This normal for a non equity partner? Normal associate comp is full % when working with an equity partner.

Any contract attorneys who handle trademarks looking for some work? I have a few office actions I need to respond to. Will pay on a hourly/flat fee basis.

Anyone practice DUI in Orange County, CA? Please dm me. TIA

Advice for Of Counsel roles? I am of counsel at a firm where I can set my own rate and keep a percentage of collections, which varies slightly depending on whether the client is one I generated or not. I’m finding that a lot of my work is for firm clients where the lawyer negotiated a flat fee (and the hours worked are less, due to efficiency etc). What is the right way for me to be compensated in this scenario?

I have no idea what 99% of the other law bowls are talking and complaining about most of the time... anyone else in the same boat?

Which practice area has the most amount of room for creative problem-solving? (And enough $$)

Anyone have experience going back to school for either an LLM, MBA or something else while still maintaining their practice? Considering going for my MBA to open practice to more business consulting, but maintaining my full time practice. For context, I am an associate at a 5-7 attorney firm with a billable target in the 1300 vicinity.

I believe improving one’s sales conversion rate is something everyone want to improve but no one wants to admit they would like to work it. Funny how lawyers will spend thousands on seminars to improve trial skills. But this topic is not discussed in our profession. I have read books in sales. But am unable to find any for lawyers. I want convert every lead I can. Does anyone have tips, books, cle’s or studied this topic?

Has anyone used a coaching service for their firm? If so, any recommendations?

My one year anniversary of opening my own solo firm is next week. Ideas for how to recognize this milestone on social media/Linkedin, etc? I do blog regularly but I'm struggling to figure out the best angle.

3 attorney firm. I’ve been here for 6 years and have used Westlaw exclusively. Now we are switching to Lexis because apparently Westlaw is too expensive. I hate change. I know where everything is on Westlaw and now I need to relearn. Apparently Westlaw will not budge on price and would rather just see a client leave than work with them. Super annoying. Any insight on negotiating Westlaw or transitioning to lexis?

Are there any real estate attorneys who have gotten into the title insurance business? What does that look like? Do you still carry on a private practice on the side?

Solos - what does your day look like? Do you work traditional hours? Do you take breaks during the day for personal things such as errands and working out?

Best way to go about getting contract work for new solo/startup? Should I just ask around the area for people doing that type of work and see if they have anything?

We are a firm of 5 transactional attorneys and the bonus structure is very unclear. The usual “based on personal performance and firm profitability” language. I wonder how this is calculated in general. What is the percentage bracket of the bonus? Assume it is a high performance 9+ year attorney and the firm is profitable (even with COVID). The based salary is low $120k. Firm is in Tx. I’d love to hear your comments.

Has anybody opened a residential real estate law firm? What are the margins and hours like? Thanks!

JD/LLM in international and m&a Tax looking to leave corporate and start a firm in business/estate planning. If anyone has had success starting a firm in these areas please share any resources or insights. Thanks!

Hi all, I have been practicing for 5 years (admitted in NY & NJ) and recently went in house. I just started a side business of writing blog posts for firms or solo practitioners. DM for more info!