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Bowl Leader
Hello all,
I am working as an Associate Hr in JSPL on contract basis. So, I am looking for job change in IT company .Can you please help me out.
I completed my MBA in Entrepreneurship and International Business Management. I had experience of about 2.5 years in different fields but from last 1 year I am completely into HR field.
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Honestly no, it only gets harder. Maybe easier once you’re several years into partnership, but being a new partner is the hardest time of most people’s careers. (No one really ever explains this to you out loud.)
Your nonbillable requirements will only increase. I’m not sure if you’re saying a steady 50 hrs or if it averages out to that. I’d honestly kill for 50 hr weeks. I’m not saying that to suggest any amount of shame or to piss you off. I hope it doesn’t come out that way. It is honesty so you have a point of comparison.
I’m not sure if this is less true for NEPs, though I imagine it could even be worse. For reference, I’m at a firm with a single tier partnership.
It's incredibly difficult. Like someone else mentioned, I too had a kid in my first year of partnership (my second), and it's been really difficult to sustain. The only saving grace is that people are less likely to question your "No's." But that's it. You still have absurd numbers to hit and your responsibilities have grown so you have even less time. For an entire year post baby, I averaged only 2 - 4 hours of sleep a night with one day of the weekend getting 7 hours. It's tough.
Honestly considering moving into a different model because something's gotta give.
Something missing from your post is whether / how much you enjoy your work. If you don't love it, I struggle to imagine you'd find sticking around worth it. I have 2 young kids as well (3 ans 1.5), and I'm coming off a 100+ hour week, and although I'm tired, I'm happy. I love the deals, love the main partner I work with, and love teaching my teams. I can't imagine doing a different job.
Pro
That schedule was a non-starter for me, but there are many ways to build a family. If your partner is home full or part time, perhaps. If nearly all of the caregiving in your home is done by a daycare center or nanny, I would really hesitate to double down on that situation.
If you're transactional, in-house will likely be just as bad unless you go to a very large legal department.
And agree with other posters who say young partnership is the actual worst, from all my friends' experience.
Can second the awful transactional work in house. The team at my company works just as much with less pay. It’s bad. Hence the high turnover.
What gets lost sometimes is that being a parent is hard for everyone. Do you work reasonable hours and have time for cooking/caregiving? Do you work and travel and outsource everything? Totally opportunity plus personal preference plus family finances, but every mom I know finds this very difficult even if they don’t work!
OP if it were me advising myself 10 years ago I’d say stick with it because this job is more fun with more power/responsibility and being a mom feels less unhinged once the kids sleep through the night. But that may not be you. I have 3 kids that I see enough (for me) and am an equity partner but I don’t cook, clean, drive them places, do laundry or give baths. I do help practice piano, arrange play dates and go to all school stuff and tuck them in most nights. That sounds terrible to some people and awesome to others. It’s important to try to figure out how it sounds to you. Good luck.
In case you’re considering that route, I’ve heard is that counsel don’t get too many pay increases
I’m in my second year as a NEP, have two very young children, and honestly have found it easier than being an associate so far. I have a revenue goal, but I no longer need to bill 2000+ hours per year. And now since I’ve made partner, I’m less concerned with blowing out my goals. I’ve also just mentally decided that for the next few years while my kids are so young, I am going to spend as much time with them as I can and worry about business development later. I’m in no rush to make EP. It’s actually been really nice to have more autonomy and flexibility, and let go of the mentality that I need to give 100% to everything at this stage of my life.
All this being said, I do think this is very firm dependent. Maybe talk to some young partners about their experience. But I think partnership is what you make it.
Absolutely!
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I feel it won’t get better based on observing female partners but they somehow are ok with that? Honestly I’m good at my job and love it too so I def can push and keep going but I also love sleep and spending time with my kids. I know i can’t have it all so I won’t be pushing for partnership because it doesn’t seem to get better. I think that’s the real difference - how you want to allocate your time. I think if spending time with kids and sleep can take a backseat then all the power to you or else I don’t see how you can gain more time to do these other things by making partner. Everyone has only 24 hours a day.
Pro
I actually think it IS easier as a partner because you control your fate now. You choose to delegate. You decide if a demand is unreasonable and try and negotiate a better deadline. I'm not doing any more nonbillable now than I was before (I did a fair bit before). It's not like it's a huge step back in hours but you can't build your book unless you leverage which requires other people to bill to your matters, so you do have to allocate hours differently. And as long as my clients are happy and paying their bills I can get work done when and where I want (within reason).
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