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I'm in a similar boat
What geographical area are you in? I’m in a litigation-related field trying to switch back to transactional and would love to take your place lol
West Coast 😂
I’m at a mid-market higher-end ID lit firm. We have a white collar group and do some commercial lit. It’s a mixed bag and hard(ish) work but the people are less viper pit type A grinders.
I tell folks that it’s 40-50% of the pay in exchange for 70-80% of the work of BigLaw (I’m NEP, 15 yrs out and make $250k all in). But if you value time more than money, that 20% decrease in work is nice. Plus, it’s not an up-or-out partnership model.
Depending on the insurance co, the tasks you’re doing, etc., it can actually be harder to bill hrs in ID than in BL, bc the insurers limit the types of tasks you can bill for and nit pick at your time.
So I don’t agree w/ that necessarily. But maybe it’s true. Idk.
I like 1/3 of what I do. I’m Meh about 1/3. And I hate 1/3. But I think that’s a fair scenario for any job. I couldn’t really see myself doing anything else.
I like medium stakes cases where there’s a big fluffy insurance policy to pay up if things so south. It’s like boxing rather than a knife fight.
Some ppl will look down on you and that sucks but whatever. My ibanker friends look down on their Vault10 lawyers so there’s always someone better than you!