Would you buy in?

Firm has 12 attorneys. Grosses $5M. Three current equity partners split about $1.9M annually. The buy in is $25K per share up to 25% ($625K). Two of the current partners plan to retire in 3-5 years, so additional shares will be available/need to be purchased at that time. The 3-5 biggest clients are tied closely with the attorneys who will be retiring within the next 5 years. Does buying in make sense or is it taking on too much debt/risk?

I’m investing all my retirement (401k, Roth IRA) in a s and p500 fund (FXAIX). Thoughts on if this is wise in the long run vs just using a target date fund?

Hi everyone, any tips for resignation letters, who to meet/tell first, what to do before your last day (i.e. anything adulty like 401K or healthcare)? Any insights would be greatly appreciated!

Hi all, I have a question regarding retirement accounts. I am not sure if I should choose a Roth or 401k (company has 4+2% match). Currently 23, base salary is ~100k and investments have brought 45k this year which has me teetering between a 22-24% tax bracket. Wondering what the usual tax bracket is of people retired (around 65yo) as I’m not sure anything would bring in significant income with the exception of investments. In my case would a Roth make sense? Appreciate any answers!!

Hi all - I'm on a £100-110k base + bonus at a tier 2 firm. This is in the region where personal allowance for tax starts eroding away..
Wondering what options I have to make this as tax efficient as possible (legally), considering a salary sacrifice pension and student loan.
Also what are you investment recommendations? Stocks and Share ISA? What are the good alternatives?

Hi. Does anyone remember the provider of our 401k and wealthbuilder? Trying to rollover accounts but benefits express is closed!

What’s the general guidance on the order to maximize retirement contributions for tax benefits for an normal individual and for a self employed/small business owner before moving to taxable accounts or alternate vehicles like cash value life policies?
I’ve seen for individual: match trad 401k->match roth 401k->max roth IRA->max trad IRA->max trad 401k->max roth 401k->max HSA
For self employed: max SEP IRA/solo 401k->max roth IRA->max trad IRA->max HSA

Of course situations differ but in general?

Four words - Invest. In. Amazon. Stock.

110% Return on investment ( 1 year) and still projected to keep growing...

Laughable that banks and traditional 401k give you less than 5

HNY all! I have multiple rollover and traditional IRAs, as well as a solo 401k. But (since I started paying attention to this kind of thing) have always been over the income limit to start a Roth IRA. I’ve also not done much contributing in the last few years due to purchasing an apartment and saving for renovations. Cue pandemic joblessness... if married filing separately, would you say it’s a good idea to start a Roth while under the income limit, even in this climate? Any reason not to?

Any US expats here care to weigh in on whether it makes sense to contribute to workplace pension plans if the plan is to be in UK <5 years?

Can I get some real helpful guidance here?

Current finances:
-75k in the market (VTI,QQQ, ETFs and stocks)
-20k in Emergency find /Cash
-30k in Roth(maxing since 2019)
-60k in 401k (maxing since 2019

I don’t got much money expenses and wanted to know where to put my money during this market for the next couple months. Is it smart to DCA? Put limit orders in? Just hold cash?

Additional info:
-minimal rent / expenses (~1000/mo)
- started HSA this year
-130k, 3 YOE
- no debt

Poor, clueless 23 year old here. Any tips on how to balance retirement savings with short-to-medium term savings goals? (Wedding, MBA, car, down payment).

I currently max out my Roth IRA, but don’t max out my 401k. If I did i would have nothing left for liquid savings. Any tips?

Both me and my wife maxed out company match on 401K but are below the annual limit. What are our options now to take full advantage of the annual limit? Neither of us qualify for Roth IRA.

How do you find firms/books of business to buy? All the posts on here are buyers looking for sellers. Where do you go to find someone looking to sell or retire?

Hi all- new to fishbowl. Not really sure how to use and explore the app yet but I saw this bowl and figured I would introduce myself. I am a wholesaler for 401K and I am able to partner with advisors who currently uncover 401K opportunities or are looking to learn how to. Reply if you are an advisor in the NYC area and interested in learning about how to expand your business.

Anyone have experience transferring stock out of Computershare? Rolled my old 401k to a IRA and am trying to figuring the best/cheapest way to transfer my former company stock to my taxable acct. I assume transferring to the IRA is not possible

Is anyone aware if we are eligible for pension component?? I know D does have for Core Consulting model.

How much does a senior cloud security consultant make at EY?

What benefits should I be asking for if I’m leaving 401k match company with good stock purchase program?

I’m in considering relocating looking for high income low tax city.

Want to start saving/investing from this year. Got £11K and will have £2K a month to invest - any recommendations? I don’t want to take crazy risks, somewhere where this is steady long term growth. Have already maxed out pension and I assume next step is maxing out ISA? After that, what is best? (From UK)

PPEDs: Just found out that a Partner, who was promoted in 2017, was fired. IDK the circumstances. What can they expect to walk away with besides 401k & normal pension plan?

Is there special experience or knowledge you'd need to be effective at a GCD level in Pharma? Or is it like any other account, just different products? I'm considering making the switch from general market advertising.

Hey IBMers/ex-IBMers,

What is the designation hierarchy in IBM GBS for someone joining as "Advisory Technical Services Specialist" at "7A" band?

Like I would like to know what will be the next designation/band once for me if I get promoted?

YOE: 6 yrs.
Tech Stack: Testing

Thank you in advance!

Hello friends, Any updates on mid-year promotion for EY GDS? EY INDIA members have received mails already.

Hi new here. Idk what my value is and if I’m getting paid an amount that reflects my hard work. I am a paralegal for a small law firm (family and immigration) w only 1 attorney. I have about 20 files or more in my rotation at a time. I work on various types of cases at once. Some are simple, others are extensive. I feel like it’s very unstructured and one of the managers micromanages. It’s like every man for himself. Take home pay is $50k. I am working on my bachelors deg. Do I get paid enough?

I want to join Amazon tax team and could someone please refer me?

Any openings for VMware admin/windows server admin in kochi location?

Hi Guys,
Can someone refer me in JPMC , I have 3.10 YOE in core PMO. TIA

So im starting to lead meetings with clients but I always find myself going back and forth with the client trying to get more information following the initial WT which I feel is annoying . Is this normal or do I need to do a better job of writing out questions and agendas prior to the meeting.

Is reaching out on Linkedin the best way to contact a recruiter, or should I look for their professional email?

What’s your current goal as an engineer? I’d love to one day work as part of a Formula 1 design team

Caravan : what’s the ideal solution ?

@Pro-Trump Fishies, will you accept the results of November if Biden wins quietly or will you support fighting it in court?

MBB fish: what happens when an Associate/Consultant is found to be enrolled in a PT MBA, after not telling anyone during the interview process? Is that cause for termination?

Hey can anyone guide me for Technical Round 2 of BDO Rise, it's 15 minute video meet, atleast if you can tell me what should I expect from it, it will be a relief.

Has anyone moved into a non-legal role at a tech company after big law? Trying to figure out what else is out there if I do not want to go in house in a legal capacity.

Advice Request: Started my career litigating. Switched to niche transactions (so about half and half at this point). Halfway through a year long sabbatical and reevaluating what I want to do (left before jumping to Senior associate). I’d like to get into litigation again in a practice group I don’t have experience in. Any suggestions on how to do this? How to approach firms and partners etc? Past 2 firms on my resume are top 30.

Any tips when leaving a firm? Younger associate <1 year.

Any thoughts on Phillips Lytle? If you could please provide insight on culture/billable requirements? Thank you.

Does anyone know the reputation of the Boston based Morgan and Morgan attorneys? Is it a good working environment?

I'm a long time prosecutor getting into the ID game and billable hours. Are there any resources out there that can help me get more effective/efficient without spending months/years learning the hard way? Some days I'm at the office 10 hours, took virtually no breaks and yet only bill 7. 🤬

I went through all the stages of interviewing with a firm then they chose not to fill the position. They said internal priorities changed. I saw about 5 months later they posted a similar position. Guess who has another interview!

What is a typical starting rate that young attorneys charge for per diem side work? First or second year lawyers should ask for what? Client is a big firm.

I'm a third year plaintiff's employment law attorney and I'm looking to move to defense, preferably still in employment law. I received an offer from a midsize firm that primarily focuses on PI with little-to-no employment law practice, so I'll have a bit of a learning curve. Offer is $90k, billable hours of 2100. Is this reasonable? I'm dead-set on leaving my current job, and this would be a $20k pay increase - which makes me believe I'm leaning towards taking it for those reasons only.

What’s average salary in ID firm mid size (NY) about 350 attorneys ? Class of 2019 but was in public sector (criminal law) for 2 years! 2000 billable hours minimum

What is the scoop on med mal defense vs. plaintiff work? Is defense more respected by other practice areas if I were to switch somewhere else later?

I applied to a position that brands itself as civil litigation and apparently the role is med mal defense. Not sure what to go by but would like to do a little research before I call them back.

What do partners generally expect from third-year litigation associates (smaller firm) as far as legal, professional, and/or case management skills go?
I still feel like I can’t (or don’t know how to) manage or push cases forward and like I’m constantly behind on everything—is this normal?

Does anyone know sports arbitration or general arbitration well? Have been a figure skating fan my entire life and am curious whether the judgement of recent Valieva case makes sense to you.

For associates who have lateraled in the last 6 months or so, what made you decide to move? Has your situation improved since moving? I’m a transactional mid-level & I’ve interviewed with some great firms recently. I’m struggling to get excited though…it just seems like no matter where I go I’ll be overworked & under appreciated. Hoping there are some positive stories out there to give me hope. Haha

Layoffs. Most big firms say they're sitting on a conservative pile of cash - which I believe is true - but work will obviously not return to pre-COVID levels in the short term, probably not even in the medium term. Are Biglaw layoffs coming?

Best divorce lawyer in NYC?

What is a reasonable pay increase? This will be my first pay increase. I make 70k now and will be starting my second year at big law. I had 3 years of prior experience before joining the firm.

Career Sabbatical?

Can anyone who has taken a career sabbatical to travel/explore other interests share their experience with both leaving their jobs and returning to the legal field?
I really want to live in Asia for a year at least before I have to settle down and start a family. I’m not getting younger but don’t want to be reckless with my career.

What productivity hacks do you employ? I like to shut off my email for 25 min intervals to focus on real work. It’s like a sprint of focus without being “unavailable” too long.