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I tend to overwork myself and it’s really taking a toll on my mental well-being. I want to learn a lot and prove myself to my superiors so that they recognize me/see value. Now my work has a sense of dread to it. I watched my parents be workaholics growing up, so it’s all I know. I’m also goal-oriented and driven, so achieving a lot scratches that itch for me. But, it’s making me want to quit cause I’m burned out and depressed….im not sure what to do. Any suggestions would be helpful.
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10k salary bump, 130k to 140k, is it worth it?
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Anyone else dying this week 😅
Anyone take the CIPM recently? How was it?
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Also, on the hole, it’s a whole lot less adversarial. Generally, you’re dealing with one client who is victim. So you don’t often have a hole opposing counsel, and you definitely don’t have to deal with a judge denying a completely reasonable motion just because they didn’t eat enough at lunch.
IR is pretty boring. I don’t find the hours to be that demanding though. Big law firms usually advise on privacy/cybersecurity matters and IR is just one component of that.
IR done the right way is stressful as hell, but never boring. And if it is, boredom is a luxury in law practice, and if you find a way to stay bored and still collect a good paycheck, you’ve arrived. Good for you.
It has its ups and downs. A lot depends on the practice group you’re with. If you’re dealing with lots of little matters for larger companies on retainer, but it can get stale pretty quick. If you’re in a high volume referral firm, then there can be a lot of, interesting matters and clients that come along. However, there is definitely a wide divide between encryption event, investigations, and say, for example, combing through 100,000 documents that were inadvertently released.
Again, this will drive the day today. You may be working nights, you may be working weekends. In some respects, the practice is a lot less demanding than litigation. And others, you’re dealing as a crisis manager, and sometimes also having to hit up against some very short deadlines set by regulators.
Echo what A1 said - mixed bag. Sometimes routine, sometimes middle of the night phone calls. A lot of attacks happen on holidays. If you’re on call, you’re on call. It’s crisis management, so everything is on fire all the time. Can be a very high stress and demanding practice. But, business is booming, and there aren’t enough (good) IR lawyers to go around. So, it’s pretty good job security and training, even if for a little while.
Coach
IR is boring and not real lawyering
Most firms bow to insurance carriers, main source of work. Hours always cut, low billable rate
Rates are lower than in commercial PGs but the volume of work is much higher. Not sure about write downs, but I’ve worked with many carriers and only had a handful.
And to the other comment… potato, potahto.
Agree with everything said above. For wherever you are interviewing, I’d ask where the firm gets the bulk of their work and the volume they carry. Find an associate who can talk to you about the practice and ask specific questions. If the firm gets most of its work from insurance carriers and they work on volume, the clientele are less sophisticated (most often, sometimes they are big companies with decent security but often not). If you’re able to work with sophisticated clients and get to spend your time on things, not just busting out deliverables from templates to keep up with the volume, it can be good.
Also, if you are getting paid big law salary, I imagine it’s much more tolerable but for a lot of firms that do a lot of this work, the associates are underpaid to work 60-80 hour weeks. Those places are more like standard ID sweatshops. Churn and burn.
100% accurate
IR sucks because you’re working non stop, around the clock for super needy clients.
I haven’t worked in M&A but I have done IR for years and it’s the same expectations that you are expected to be available on nights and weekends to take calls at a moment’s notice. They will want deliverables and comms with same hour/day turnaround. You will be expected to coordinate everyone’s schedules and have forensics and any additional vendors available at all times. It’s non-stop.