I am in the home stretch, heading for retirement. But I don’t know if I’m at the 3/4 pole or closer to the finish line— One would think a lawyer would have all the answers for estate planning and financials, but I don’t. How much should a single person have in savings (retirement accounts and general investments)? What’s the average liquid wealth of lawyers heading for the barn?? Bail at 65 or work until 70?

What's a reasonable average amount for basic cost living in LA (housing, food, transport, phone, internet..) for more context : single, would like to live in an independent studio in a nice area.

Finished Rich Dad Poor Dad and appreciate the emphasis on creating alternative cash flows (vs. just income). Does anyone have book recommendations on creating wealth? I've focused heavily on income + 'safe' investing, but intrigued to learn more.

Is there any way to get around the coinbase fee when buying crypto?

Home reno financing question. Have a big project coming up in the $120-150k range. Funding sources are:
- 90k from a heloc around prime
- 10k from a credit card that offers promo checks at 2-3% for 12-18 months
- 375k in a brokerage
- 5-6k per month cash that I can put towards the project, loans, or brokerage

I don't want to stop funding the brokerage because my FIRE plan is less numbers based than "hoard like dragon until it's enough" but maybe I should... How would you optimize?

Thoughts on buying into Wells Fargo now, at their 52 week low basically.. Bank too big to fail of course and their imposed caps on grown expire in a year or 2 I believe with regards to how much $$$ they can lend out or take in...

What is the best way to handle group financial consolidation in a multinational company?

I’m maxing out my 401K, traditional IRA and HSA this year and paying for some house improvements. I have about $750K total investments and very close to $2M net worth, but realize that I am behind on investments if I want to do FIRE. I was focused on paying off huge chunks of my mortgage and managed to whittle it down to $75K left. Would you suggest I go ahead and pay that off this year? Or pause and do a mega back door roth instead? I’m mid 40s. Thanks!

I contribute 10% of my paycheck to my employee share purchase plan. Is this smart to do given the tax repercussions behind it? Is it smarter to invest less in that and more in my Roth or 401k?

Hi - any good books recommendations for getting started on real estate investing?

Closing on my first home. Advice for anyone with student loans in administrative forbearance per the Cares act: once your offer is accepted have you student loan servicer put your account back in repayment status.

Accounts in forbearance, even administrative forbearance, are calculated at a higher monthly payment by the underwriter.

My fictitious debt to income ratio was too high for them to approve me, and it took seven days for my loan to be officially back in repayment. So just a heads up.

Interested in investing in real estate. How to even begin and what apps should I be using?

Does anyone think there is long-term viability in Cryptos?

About to apply for an apt that’s asking for a $2000 good faith deposit. I’m still a little undecided about the apartment (I have another option in Jersey) Do I wait it out or just go ahead & apply? Honestly don’t know if I’ll feel 100% sure any time soon. First time living in NY & first time renting post college😭😭

I’m prepping someone’s tax return who I see everyday on tv. It’s kind of cool being privy to a celebrity’s confidential financial information. 😁 I’ve also prepped a famous athlete and actor last week.

Investing newbie here: pros cons of getting a rental property vs investing in stocks?

D 🐠, what was your take home in first year as principal? I assume you all get roughly 350 units and have to finance your buy in. What does that leave for your monthly draw? And after your insurance?

Question on after-tax contributions. I’ve recently upped my contributions to after tax through payroll (already maxing our 401k+contributing to traditional Ira to be converted to a Roth shortly contd

What are you doing for a retirement plan as an independent consultant? Solo 401K, SEP IRA, etc.? Any recommendations on where to open an account?

Best resoures for realtors just starting out in their career?

Any senior creatives with O1 visa ? I am Self sponsoring my visa and want some assistance please.

Happy Sunday Fishers (of Men!)

Got an offer from Mphasis as project lead systems in testing practice team, can anyone guide me how is project n what client they have. Not getting much info from HR

Hi Guys, anyone faced issue in ITR filing demand paid but not reflected.
I have respond to the challan also but it is still showing Pending Payment.
Any advise would be appreciated

From the GCC. I feel like most non-GCC consultants hate us, local consultants…Why? Differences in values? Politics?

Can anyone recommend the best family-friendly suburbs/areas to live in around the Detroit area?

Hi there! Newbie here. Single woman, 45 in Chicago. What is everyone doing to keep socially active? Anybody actually dating?

Got a date with a girl I've admired for a while this weekend, where should I take her? Best romantic/fun date spots, ideally with great food or near great food. She has no dietary restrictions as far as I know. Thanks

does anyone here work for Veeva Crossix?

Hi fishes

I want a referral in the data science domain. I have an experience of 2.5+ years in data science and analytics with skills in python, sql, data Analytics, machine learning and SAS.

Currently having a notice period of 1 month, I’m looking for a change.

Please let me know if you have a suitable role for me in your organisation.

Thanks.

I was offered a job with a pretty low salary than what I was expecting.. what’s the best way to get at least an 8% increase? How should I word it

Moving back to ATX from NYC early February of next year to be closer to family, and looking for a new job. Have 2.5 YOE in consulting (primarily financial services) and also did a data science boot camp this past summer. Does anybody know of any roles at the intersection of strategy and analytics? Alternatively, has anybody had a positive experience with an external recruiting agency?

Hi Fishes,

Looking for a job on urgent basis request you all to please help with referrals..
Having 1.8 yrs of experience in FPnA domain.

Really appreciate your help.

Love how i think... 'oooh haven’t been anxious in a while ’ then before bed I start to get anxious... 😩

All time best tactical plan briefing & creative kickoff? What blew minds? What fired the right brain neurons? Out-of-the box meeting structure? Acct briefing:brainstorm ratio? Who drank the KoolAid?

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?

Does anybody have a good guide or resource they can point to in regards to show clients how to organize their documents for our firm? A lot of time is wasted here going through discovery documents we receive from clients because the docs are disorganized and not annotated - it just becomes a whole scavenger hunt and it’s eating into our time like crazy.

I have my own practice for past 5 years and have spent a lot of time building up brand and reputation. I'm thinking of bringing on partners but am trying to figure out how to structure compensation, profit sharing and equity while maintaining control. I dont want to do associates bc I need someone with more experience than I can afford. Does anyone have any ideas on how one can up a law firm?

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

Has anyone does a course from New Law Business Model? If so, what did you think?

When potential clients tell you they’ll hire your firm but they want to be 100% reimbursed from you if you aren’t able to get them the outcome they want - how hard is it not to laugh?! 🤦🏽‍♀️🙄

Does anyone run a business in addition to their firm? I’m a solo and I’m doing pretty well with about 60-70 billable hours a month. Though that leaves a lot of downtime. Curious if anyone has any second businesses that require about 20 hours a week. Not looking for passive income or franchise ideas though.

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?

How do firms give bonuses to associate attorneys? Quarterly, monthly, annually? What is a bonus based on? Money recieved, billable hours, etc?

I'm looking to set up a bonus structure for a new associate.

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!

Bookkeeping service recommendations? Virtual service or through your CPA?

Has anyone received equity as contingency comp? I have a potential client with a founders dispute. He doesn’t have cash, and the other founder ripped him off and is now running the company. He wants to sue for equity and wants to pay me with whatever equity he wins. I’ve never done a deal like that. Is that even enforceable? CA law. The startup is actually quite promising.

Looking for atty to handle car rental co. Claim against a friend in Paris France. Rented from Enterprise in CA.

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?

I'm entering my final year of law school but am going part time since I work full time as a paralegal. I have been a paralegal for more 10+ years and I want to open my own firm after I pass the bar.

I've worked at a lot of different size firms including a startup with a few attorneys and I was able to help with a lot of the ground work with getting the practice management system in place and still do some of that now at my current firm. Has anyone done this right out of law school? Any advice?

The past two days I’ve spent to my entire day doing things that really can be done by a paralegal. So I hired a freelance para. Any tips to make this a success? What’s your tips to train and get your para up to speed?

Former client( filed a bar grievance that was dismissed, sent me a demand letter that an attorney responded to on my behalf, and filed a BBB complaint against my non-BBB law firm) has now pro se filed a lawsuit against me in small claims court. Alleging misrepresentation, failure to file a lawsuit, and failure to advise during the process. I have phone logs, emails, and billing notes (all of which she has) that show she’s lying. Should I notify my malpractice carrier? All advice appreciated!

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.

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?

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?