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Mentor
Be miserable with the money or happy without it. Your choice.
New Member
I’ve considered doing the same with a $200k pay cut. Being a good parent for my kids means more than that to me.
New Member
Big law in specialized field to a state regulator doing enforcement in the same field.
I’m looking for something like that lol I say if you don’t need the money take the job.
You can do it!
Are your loans paid off?
I went the opposite way (state gov't too big law) about 2 years ago and still miss my old gov't job sometimes (why didn't I appreciate 40-50 hour weeks more??!). If your finances can handle the pay cut, do it!
More money, better resources/support staff, and the nebulous cache of working for a large, international firm. But, I still miss that 9-5 life and not having billables 😢
Sounds pretty good to me... do you need the extra $60k? Are you in high COL area? What year are you?
Pretty high COL but I’d still be in six figures so I’ll survive
Do it.
This is a no brainer if the cut is really only 60-80k all in. I’m a 5th year and I’ve been seriously considering cuts in the $150k/year range (all in including bonuses / incentive comp).
Spouse took similar pay cut to go into state government as an enforcer, but new job is in 5 figures. He was in a six figure public interest job before so probably not worth it from a pure financial perspective. But the job is interesting, good autonomy and WLB.
There are jobs that don’t require such a tremendous pay cut where you can still have all of those things. That is A LOT of money to be missing out on...
It’s not THAT much money, let’s not exaggerate. And I can’t think of a job outside of government that ticks all the boxes OP named.
Subject Expert
Is it the kind of practice where it’s helpful in biglaw/private practice, and if you want to go back in a few years you could? My firm has attorneys going back and forth with government jobs all the time, but depends what it is.
Not 100% but I think it would be doable
No if it means getting your mental sanity back. We should not be in the position of putting a price tag on having a life in the first place..
If you have six figures of student loans getting access to PSLF could materially move the needle from a financial perspective - keep that benefit in mind too!