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Looks like I waited too long to lateral
Poast new message in this thread
Date: February 21st, 2012 4:41 PM Author: Canary Racy Circlehead Am a 2005 grad. Just got told by a second firm that I was otherwise a good fit, but they were looking for a 4th year or so.
Ironically, struck out on a couple inhouse positions because I wasn't experienced enough compared to the other finalist.
New goal...save as much as possible until they kick me out of my current firm, then do something completely different that I actually enjoy. |
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Date: February 21st, 2012 4:42 PM Author: Nudist Emerald Hell just say you'll come in as a 4th year, breh. (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018495) |
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Date: February 21st, 2012 4:43 PM Author: Canary Racy Circlehead well, not sure I want to do that. current firm likes me well enough, but surely not enough to make partner. (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018499) |
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Date: February 21st, 2012 4:51 PM Author: Massive Gaming Laptop so entering as a 4th year should provide you with more job-security, no? (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018542) |
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Date: February 21st, 2012 4:55 PM Author: Canary Racy Circlehead I guess, but that is a lot to bank on for a $50k salary decrease. I guess I could do that next year. (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018558) |
Date: February 21st, 2012 4:42 PM Author: vigorous theatre lol bro you should be a partner now, not looking for 4th yr assoc lateral scraps. (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018496) |
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Date: February 21st, 2012 4:43 PM Author: Canary Racy Circlehead I would be the youngest partner in the last 30 years at my firm. (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018503) |
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Date: February 21st, 2012 4:43 PM Author: Floppy indian lodge lateral = Sugarcandy Mountain (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018500) |
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Date: February 21st, 2012 4:43 PM Author: Canary Racy Circlehead where is that? (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018505) |
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Date: February 21st, 2012 4:53 PM Author: cerebral new version legend Just behind the ole rock candy mountain. (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018547) |
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Date: February 21st, 2012 4:44 PM Author: Vivacious Regret Market how much do you have saved? over 900k? (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018507) |
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Date: February 21st, 2012 4:46 PM Author: Topaz Step-uncle's House yeah can't you just retire already? (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018513) |
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Date: February 21st, 2012 4:47 PM Author: Canary Racy Circlehead you really overestimate what you can save in biglaw if you aren't single and living like a pauper. (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018516) |
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Date: February 21st, 2012 4:47 PM Author: Topaz Step-uncle's House just do single living like a pauper bro. Loans at least paid off? (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018517) |
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Date: February 21st, 2012 4:48 PM Author: Canary Racy Circlehead all except federal at 2%. kept those. its a cell phone payment essentially, so I won't ever pay that off. (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018527) |
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Date: January 21st, 2026 8:28 PM Author: Long Duk Dong (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#49607561) |
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Date: February 21st, 2012 4:46 PM Author: Canary Racy Circlehead no way. Have a kid, had a bunch of loans and live in an expensive place.
Like about $500k in stock, cash and income producing real estate investments. |
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Date: February 21st, 2012 4:53 PM Author: brass water buffalo What kind of work do you do?
What would your chances be at partnership at a second firm if you did lateral?
What's something completely different that you actually like?
[answered above] Would the second firm take you as a 4th year if you offered to go in at that level? I can't imagine why they'd refuse to take someone more experienced at the same pay, unless they think you're a flight risk.
For the in-house gig, how much more experienced was the other guy? What was the pay like? Have you rejected worse in-house options? |
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Date: February 21st, 2012 4:59 PM Author: Canary Racy Circlehead What kind of work do you do?
Transactional
What would your chances be at partnership at a second firm if you did lateral?
Who knows. Probably not. I don't think I am partner material. But thinking maybe I am, and just need a change of scenery.
What's something completely different that you actually like?
I liked my job in business in general product management and marketing before lawschool. Still regret going to lawschool. Think I could enjoy just starting over again in something on the business side where my law degree is essentially useless.
Would the second firm take you as a 4th year if you offered to go in at that level? I can't imagine why they'd refuse to take someone more experienced at the same pay, unless they think you're a flight risk.
Possible.. Although I don't know if that would help much, and losing $50k a year to do that seems like it doesn't make sense. I might as well just do that next year.
For the in-house gig, how much more experienced was the other guy? What was the pay like? Have you rejected worse in-house options?
Haven't had a chance to reject any jobs. Paid like $210k with bonus in all likelihood. Maybe more with a good year. Other guy was a junior partner. |
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Date: February 21st, 2012 5:05 PM Author: brass water buffalo Kind of surprising that a junior partner would take what sounds like a huge pay cut for that kind of job. I wish I knew more about in-house legal work. (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018603) |
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Date: February 21st, 2012 5:06 PM Author: Wonderful white pervert The upside on those jobs can be a lot bigger. (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018611) |
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Date: February 21st, 2012 5:06 PM Author: Canary Racy Circlehead It was an awesome job....incredibly cushy. Might have paid even more for him, especially with bonus. He might have been an income partner, so not as much of a pay cut....but I was surprised as well. I thought I had the job in the bag. (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018613) |
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Date: February 21st, 2012 5:30 PM Author: Internet-worthy fortuitous meteor Was the other dude from a top firm (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018735) |
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Date: February 21st, 2012 5:34 PM Author: Canary Racy Circlehead yes. At my firm I know that new income partners start at about $400k...so if they guy got $275k with bonus, or something like that, the difference is hardly noticable (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#20018753) |
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Date: January 21st, 2026 8:32 PM Author: Cinco de Mayo Clinic simpler time (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#49607564) |
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Date: January 21st, 2026 5:39 PM Author: professor hojo update? (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#49607204) |
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Date: January 21st, 2026 5:46 PM Author: norwood ultra still looking to lateral as a midlevel (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#49607220) |
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Date: January 21st, 2026 6:20 PM Author: ...,....,,........ Just give up and give out handjobs behind the State Bar building at this point (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#49607308) |
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Date: January 21st, 2026 6:26 PM Author: Long Duk Dong TONS of biglaw burnouts end up lost in kickboxing underworld
this is what happens to lots of biglaw associates who burn out. we had a case with institutional client and boomer partner told me to assemble the "best team possible." there was a 7th year associate a few years ago who could write appellate briefs like a kid out in the rain -- some guys just have "it" and he was the best. anyway the guy flames out big time and goes off the grid. i really wanted him on my team -- found him competing at an underground kumite tournament in jakarta. i watched him win his first match from near the exit so he couldn't see me. after his match i went up to him while he was facing away taking off the tape on his fists and he out of nowhere, still looking away, says "you're a long way from home, t-unit." i told him i needed him for one last matter -- that we needed the best appellate brief writer on the planet, it might lead to more work but i couldn't promise anything, but that i would get his daily seamless $$ limit raised to $50. i'll never forget his expression -- just sort of stared off in the distance and said that was a different life, he's not even the same person anymore. he said it was good seeing me again & then put on oversized aviator sunglasses (likely to conceal his bruises) and disappeared out the back alley door into the rain
https://xoxohth.com/thread.php?thread_id=2774705&mc=223&forum_id=2
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Date: January 21st, 2026 8:36 PM Author: Kenneth Play (emotional girth) (http://www.autoadmit.com/thread.php?thread_id=1879830&forum_id=2#49607570) |