{ "media_type": "text", "post_content": "Is BigLaw for 1-2 years worth it to pay off some debt/save up some money?", "post_id": "614961d099bf3d00293c4814", "reply_count": 12, "vote_count": 2, "bowl_id": "5df70ed2f7169f002b172d3f", "bowl_name": "Big Law", "feed_type": "bowl" }

Is BigLaw for 1-2 years worth it to pay off some debt/save up some money?

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Totally. If that's your goal, avoid the v10 to make it more bearable.


I find that hard to believe. The top m&a practices are going to have much more consistent deal flows. Ups and downs would be more present in lower profile practices. I worked at KE so that's my experience. Maybe it doesn't translate to the rest of the v10.

It depends...


Yeah, that’s nothing


Yes, depending on location. If the salary and benefits give you the ability to substantially increase your savings in (realistically 2-4 years) without wasting to much on CoL, I’d recommend it. It’s what I’m doing.


BL money wise is worth it 1-2 years so long as you are serious about paying down your debt...I've seen plenty of 5-6th years still have outstanding law school loans and not maxing out retirement accounts, etc (just crazy!); if you are able to stomach it 3-5 (6 I don't think is necessary), then you can really open up your exits imo.

Pay off some debt or all debt? I didn’t start really saving money until I paid off all of my debt. Took 3.5 years because I took out the max loans for law school, lived alone, but lived a student lifestyle in NYC… if the market is still hot and you’re able to lateral, that might speed things up. I do have better exit options now than I did a year ago, like A6 said. I think that we need to know the alternatives to understand whether it’s worth it.

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